Download e-book for kindle: Basic Business Analysis and Operations Research by R. H. Mole

By R. H. Mole

ISBN-10: 040801590X

ISBN-13: 9780408015905

Ebook through Mole, Richard H.

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Calls PROCparameters (see LINEFIT) for 50 trial values of τ in the range 0 =^ τ ^ T ( N N ) , with C(I) = LOG(t(I) - τ) and N(I) = LOG(I) for I = 1,2, . . , N N . The best value tau of T A U , the highest coefficient of determination cd, and the best values of a and b are available on comple­ tion. 42 Data fitting PROCprint: tabulates the actual average assembly times t ( I ) , the predicted average times al^ + tau, and the residuals for I = 1,2,. . , N N ; prints the equation t = al^ + tau, together with the coefficient of determination cd.

N o w use this program to find an average annual rate of inflation R % and to estimate the R P I for 1985 and 1986 from the following data. 3, Monthly Digest of Statistics, H M S O . 8 in 1984 and R U N with the data from preceding years, and then R U N with 1980 to 1983 data. W h a t qualifications attach to these forecasts? 6) T h e works accountant needs to budget for maintenance costs on chemical plant for the coming year.

97. 112. 134. 173. 198. 232. 264. NOW ENTER PERIOD 75. 76. 77. 78. 79. 80. 81. 82. 83. 5 100. 7 26 Index numbers SERIES IN REAL TERMS PERIOD BASE 7 5 . BASE 8 3 . =100 =100 75. 76. 77. 78. 79. 80. 81. 82. 83. 100. 88. 74. 77. 80. 87. 89. 97 . 106. 95. 83. 70. 73. 76. 82. 84. 92. 100. Quite obviously the company has suffered very badly from over-recruiting; the n u m b e r of employees increased in rough proportion to the m o n e t a r y sales turnover from 1975 to 1977. Sales per employee in real terms had slumped by 1977 to around three-quarters of the 1975 value, therafter creeping upward and only passing the 1975 value for the first time by 1983.

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Basic Business Analysis and Operations Research by R. H. Mole


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