Examine the following statement: Using regression to predict items such as inventories is better than basing such
Question:
Examine the following statement: Using regression to predict items such as inventories is better than basing such predictions on last year’s Inventory/Sales ratio because regression helps smooth out the effects of random fluctuations. Do you agree or disagree? Explain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
I would agree with the statement that using regression to predict items such as inventories can be better than basing predictions solely on last years ...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Fundamentals Of Financial Management
ISBN: 9780357517574
16th Edition
Authors: Eugene F. Brigham, Joel F. Houston
Question Posted:
Students also viewed these Business questions
-
Table 3: Accounts Receivable and Inventory by Products and Region What other financial reports should Gino request from the financial department to better understand the situation? Explain EASTERN...
-
Read the comment letter below written by Micron's CFO to the FASB dated June 30, 2004 and answer the following question. Director of Major Projects Financial Accounting Standards Board 401...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
QUESTION 9 The output expression for an AND-OR-Invert circuit having one AND gate with inputs A, B and C and one AND gate with inputs D, E and Fis O(A+B+C)(D+E+F) O (A+B+C)(D+E+F) ABC + DEF...
-
(a) Graph y = 2.5(3.25)-x. (b) Graph y = 2.5 (4 / 13)x. (c) Algebraically show why these graphs are identical.
-
An oil pump is drawing 35 kW of electric power while pumping oil with r = 860 kg/m3 at a rate of 0.1 m3/s. The inlet and outlet diameters of the pipe are 8 cm and 12 cm, respectively. If the pressure...
-
16. Let S = \($40\), = 0.30, r = 0.08, T = 1, and = 0. Also let Q = \($60\), Q = 0.50, Q = 0.04, and = 0.5. What is the price of a standard 40-strike call with S as the underlying asset? What is...
-
Think about the following questions from the point of view of violation of public policy or breach of a covenant of good faith and fair dealing, and see what the outcome would be. a. An employee was...
-
Required information [The following information applies to the questions displayed below.] Fresh Pak Corporation manufactures two types of cardboard boxes used in shipping canned food, fruit, and...
-
Define each of the following terms: a. Mission statement; corporate scope; statement of corporate objectives; corporate strategies b. Operating plan; financial plan c. Spontaneously generated funds...
-
Would financial forecasting be relevant for nonfinance majors when they graduate and enter the workforce? Explain.
-
The breaking strengths of 35 pieces of cotton thread are measured. The sample mean is = 974.3 and the sample variance is s2 = 452.1. Construct a point estimate of the average breaking strength of...
-
Recognition is a very important element of volunteer management. Do you know someone who has done amazing volunteer work for a good cause? Wouldn't it be nice to thank them with an award! Take a look...
-
What do Financial Planners do? Would you consider hiring a Financial Planner? How important are ethics when working with a financial planning professional? Explain the concept of return on...
-
Explain the specific perceptual errors you made of EACH of your teammates during the class exercise
-
Identify the company that makes the product a. Are they a large company or a small company? b. Are they a chain or a major corporation? c. Have they been around for decades or are they a new company?...
-
The Red Inn at Pismo is a 150-room hotel that caters mainly to business clients during the week and to tourists during the weekends and in the summer. Below is a table summarizing the average daily...
-
Search Canadian government Websites and compare the U.S. Census household definitions with those of the Canadian government. Which country seems to be best adapting to the evolution of household...
-
Find the radius of convergence in two ways: (a) Directly by the CauchyHadamard formula in Sec. 15.2. (b) From a series of simpler terms by using Theorem 3 or Theorem 4.
-
Hermann Industries is forecasting the following income statement: Sales $8,000,000 Operating costs excluding depr. & amort. 4,400,000 EBITDA $3,600,000 Depreciation & amortization 800,000 EBIT...
-
The Davidson Corporation's balance sheet and income statement are provided here. a. Construct the statement of stockholders' equity for December 31, 2008.b. How much money has been reinvested in the...
-
Financial information for Powell Panther Corporation is shown here. a. What was net working capital for 2007 and 2008?b. What was the 2008 free cash flow?c. How would you explain the large increase...
-
When credit terms for a sale are 2/15, n/40, the customer saves by paying early. What percent (rounded) would this savings amount to on an annual basis
-
An industrial robot that is depreciated by the MACRS method has B = $60,000 and a 5-year depreciable life. If the depreciation charge in year 3 is $8,640, the salvage value that was used in the...
-
What determines a firm's beta? Should firm management make changes to its beta? Be sure to consider the implications for the firm's investors using CAPM.
Study smarter with the SolutionInn App