...higher discount rates for riskier investments. This risk adjusted discount rate approach specifies difference discount rates for different risk categories as measured by the coefficient of variation or some other factor. Other methods, such as the certainty equivalent approach, also may be used. 5. if risk is to be analyzed in a qualitative way, place the following investment decisions in order from the lowest risk to the highest risk: a. new equipment (2) b. new market (5) c. repair of old machinery (1) d. new product in a foreign market (6) e. new product in a related market (4) f. addition to a new product line (3) 6. assume a company, correlated with the economy, is evaluating six projects, of which two are positively correlated with the economy, two are negatively correlated, and two are not related with it at all....
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... Hedges, and Chang; Nelson Education, 2010. Other course materials can be downloaded from MyLearningSpace. COMPUTER AND SOFTWARE: Students are required to bring laptop computers to some of the lectures (at least one laptop per student group). Excel 2007 or higher version is required. Sessions that require the use of computers are indicated in Tentative Class Schedule on page 4. GRADING SCHEME: Example 2 Example 1 Mandatory Midterm Exam * 0.4(90% ‐ Optional) 0.4(90%‐45%)=18% 0.4(90%‐5%)=34% Comprehensive Final Exam 0.6(90% ‐ Optional) 0.6(90%‐45%)=27% 0.6(90%‐5%)=51% Portfolio Analysis Project 10% 10% 10% Optional Group Projects Investment Simulation 12% 12% 0% Security Analysis 15% 15% 0% Individual Choices (Optional) BBG Analytics Certification ** 3% 3% 0%...
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...Project Number: DZT0517 Stock Market Trading An Interactive Qualifying Project Report Submitted to the faculty of the Worcester Polytechnic Institute in partial fulfillment of the requirements for the Degree of Bachelor of Science by ___________________________________________ Meng-Yu Ni Date: August 2006 Approved by: __________________________ Professor Dalin Tang Project Advisor 1 Abstract Using the information from the internet and published books, a general understanding about stock market and trading strategies was obtained. The knowledge and trading strategies were applied in the market in a stock market simulation to get real-time trading experience. Experiences learned from using trading methods in this simulation will help me to become a better investor in the future. 2 Acknowledgement First, I want to thank my parents who gave me the opportunity to study at Worcester Polytechnic Institute in USA. Second, I would like to thank my advisor, Dalin Tang, who gave me advices, and help me during this whole project time. Thirdly, I want to thank Worcester Polytechnic Institute for giving me opportunity to do this project, which made me to learn more things from outside of classes by myself. Finally, I would like to thank all the people who gave me some help when I needed it. 3 Table of contents Abstract ........................................................................................................................... 2 Acknowledgement...
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...JCT2 - Supply Chain Management This course supports the assessment for JCT2. The course covers 10 competencies and represents 3 competency units. Introduction Overview In this course, you will be challenged with learning about the integration of activities that comprise a supply chain, from manufacturing goods through retailer sales. Understanding and proactive management of a supply chain is a key skill set for today's business executive. This course focuses on supply chain and distribution channel decisions within a global environment. The Marketplace Business Fundamentals simulation will provide you with the opportunity to apply, in a setting that simulates a real-world environment, a variety of business decisions that must be made when managing a business as a component of a supply chain. Watch the following video for an introduction to this course: Note: View the video in full screen at 720p for best results. Competencies This course provides guidance to help you demonstrate the following 10 competencies: * Competency 326.1.5: Budgets The graduate utilizes budgets and a variety of pro-forma statements for planning and control purposes including analyzing cash flows to assure adequacy of funds for capitalizing on business opportunities. * Competency 327.3.1: Continuous Improvement and Quality Management The graduate applies quality management methods for continuous improvement and proposes various quality improvements in an organization. * Competency...
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...International Trade International Trade Learning Team C November 15, 2010 ECO/212 Nancy Irizarry INTERNATIONAL TRADE International trade is very important to a global economy. When countries can trade products and services that they produce with other nations without obstacles, it creates a robust economy for those exporting and importing their products and services. However, there has to be a balance between the nations to prevent protectionism, isolationism and high tariffs on imports, which can lead to trade wars. The debate over free trade and tariffs is a very complicated process as evident with the creation of the World Trade Organization (WTO). “The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. The goal is to help producers of goods and services, exporters, and importers conduct their business” (WTO, 2010, p.1) Free trade has its advantages and disadvantages. The advantages and disadvantages depends on the frame of thought regarding trade. Within the simulation for international trade, one such advantage was the ability of a country to have a comparative advantage over another . When speaking in terms of a comparative advantage, its referring to a nations ability to produce a product or service at a lower price than another nation. Producing a product or service at a lower cost is the foundation of international trade. All countries who trade have the comparative...
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...Management Stock Simulation: Spring 2010 Visit the web page at http://v2.stocktrak.com/public/members/registrationstudents.aspx?p=ClarksonU-FN475-Sp10 to activate and pay for your account online with a credit card. The fee for the service is $28.95. [Or, you may mail the Registration Form attached to the trading rules form along with your check to STOCK-TRAK] Stocktrak.com Project Trading Rules: http://www.stocktrak.com/public/content/tradingrules.aspx Each student will run a $1,000,000 portfolio. Trading accounts will be active on Wednesday, January 27h and end on Wednesday April 14th (11 weeks total). PLEASE ENSURE THAT YOU REGISTER BEFORE FRIDAY JANUARY 22ND TO ENSURE YOU ARE ABLE TO ACCESS THE SYSTEM. Each student is to assume the role of hedge fund manager and to design and execute an appropriate strategy to maximize the portfolio’s return over the eleven (11) week investment horizon. The clients of the fund have specified capital appreciation as the main investment objective and have no short-term cash needs. Your challenge will be to design and execute an investment strategy that satisfies the client over the 11 week investment period. Your grade for this project is based on several factors as outlined on page three. Each student will be responsible for articulating the investment objective, formulating an appropriate investment strategy to meet the objectives, conducting the necessary research, selecting the appropriate securities, executing trades, tracking...
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...ECO 372 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com ECO 372 Week 1 Discussion Question 1 ECO 372 Week 1 Discussion Question 2 ECO 372 week 1 Individual Assignment Term Definition Paper ECO 372 Week 2 Discussion Question 1 ECO 372 Week 2 Group Discussion Question ECO 372 week 2 Team Assignment Industry Overview Paper ECO 372 Week 3 Discussion Question 1 ECO 372 Week 3 Group Discussion Question ECO 372 week 3 Individual Assignment Fiscal Policy Alternatives Simulation ECO 372 week 3 Team Assignment Economic Indicators Paper ECO 372 Week 4 Discussion Question 1 ECO 372 Week 4 Group Discussion Question ECO 372 week 4 Team Assignment Economic Indicator Forecast Paper ECO 372 week 5 Individual Assignment Applying International Trade Concepts Simulation ECO 372 week 5 Team Assignment Economic Project Paper ECO 372 Final Exam Guide ------------------------------------------------------------------------------------------ ECO 372 Final Exam Guide (UOP Course) For more course tutorials visit www.tutorialrank.com 1) The largest source of household income in the U.S. is obtained from 2) The market where business sell goods and services to households and the government is called the 3) Real gross domestic product is best defined as 4) Underemployment includes people A. who work "off-the-books" to avoid tax liabilities B. who are working part time, or not using all their...
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...Abstract Using the internet and all that’s available on the web today, an eight week stock simulation was conducted to investigate the effects of different trading strategies on outcome of investments in the stock market. The knowledge and experience received from this project would be helpful for people to become better investors in future real-life investments. 5 Chapter 1: Introduction 1.1 Goals of the Project: The main goal of this project is to learn about the stock market through practice with a short-term and long-term stock market simulation. I will start short-term trading with 10 stocks that I selected over the first few weeks. I have also selected 2 stocks which will I will trade in a long-term method over the next 8-week period. After investing in the selected stocks, I will be able to analyze the simulation and make conclusions based on my performance. I am beginning with $200,000, and then will scope over my profits and losses to understand which methods work best. Starting in Chapter 1, I will explain the history of the stock market and who is involved with it. In the following chapters I will show my results of the simulation and discuss them. I will conclude the simulation in the final chapter, which will cover all results and what I learned during the 8-week period. 1.2 History of the Stock Market: The stock market is a trading place where bonds and stocks can be traded, usually to gain some type of income. Basically, a stock is a piece of...
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...Acknowledgement 3 3) Abstract 5 4) Introduction 6 5) Simulation code 8 ➢ Order Book 8 ➢ Diffusion 9 ➢ Price and Annihilation 11 ➢ One Trade return 14 ➢ Waiting time between consecutive trades 16 ➢ Conditional return 19 ➢ Hurst curve 20 6) Results and Discussion 22 7) Summary 28 8) Future Prospects 29 9) References 30 ABSTRACT This Project aims to simulate Order Book Fluctuations in a typical Stock Exchange using random variables. We aimed to simulate Bak, Paczuski and Shubik model using ANSI C and compiler Code-Blocks. We Simulated the Order Book using a two dimensional array to get better...
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...risks in project early phase Authors: Alquier A.M. Cagno E. Caron F. Leopoulos V. Ridao M.A. Abstract During the early “conceptual” phase of a project life-cycle – considering for instance a competitive bidding process when a request for bidding has been received by an engineering & contracting company and the decision to bid has been made – the main objective of the proposal manager is to achieve an effective trade-off between the bid competitive value on the side of the client expectations and the project baseline in term of time/ cost / performance constraints on the side of the utilisation of the internal resources. Since project final performance depends primarily on risk analysis and management, a “risk driven approach” to Project Management appears to be necessary, particularly during the project early phase when only scarce information is available and contractual obligations are to be taken. In this context, both “internal” risk (e.g. probability of cost overrun) and “external” risk (e.g. probability of winning) must be taken into account. The paper presents the PRIMA (Project RIsk Management - IST-1999-10193) research project aiming at implementing such a “risk driven approach” to Project Management through the development of a Risk Management Corporate Memory and a Decision Support System allowing for collecting, storing, sharing, using company knowledge both in terms of data records and experts knowledge in order to improve the company capability of project risk...
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...Chapter 5 Scheduling the Project This chapter covers the topic of scheduling, probably the most extensively covered subject dealing with project management. In addition to the usual PERT and CPM networks, Gantt charts, etc., the subject of project uncertainty and risk management is also discussed. The use of computer simulation and Crystal Ball to generate the approximate distribution of project completion times to help better understand the implications associated with schedule uncertainty is also discussed. Cases and Readings A case appropriate to the subject of this chapter is: Harvard: 9-613-021 Arrow Diagramming Exercise This 3-page case describes the marketing campaign for a newly developed industrial hardware item. Over two-dozen activities are noted and described. The case asks for the network diagram and critical path. A reading appropriate to the subject of this chapter is: L.P. Leach. Critical Chain Project Management Improves Project Performance (Project Management Journal, June 1999, p. 39-51). This article explains the procedures developed by E. Goldratt in his Critical Chain approach to project management. Includes a discussion of project and feeder buffers. Projects using the critical chain often report significantly improved schedule, cost, and scope performance. Answers to Review Questions 1. How would a PM managecritical path tasks differently than noncritical tasks? By definition, critical tasks are those...
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...Simulation of Sports Facilities at University of Cincinnati Campus Recreation Center By: Nikhil Shaganti MID: M07428499 MS- Business Analytics Carl.H. Lindner College of Business, University of Cincinnati Page | 1 Table of Contents Acknowledgments………………………………………………………………….3 List of Figures……………………………………………………………...............4 Objectives of the study………………………………………………......................5 About UC Campus Recreation Center…………………………………….............. 5 Scope of Simulation……………………………………………………….............. 6 Data Collection Fitting Distributions for Wait times…………………………………………8 Challenges Faced…………………………………………………………….9 Assumptions………………………………………………………………..10 Fitness Center Model…………………………………………………………….....9 Basic Model………………………………………………………………….9 Updated Model- More Realistic……………………………………………10 Swimming Pool Model……………………………………………………………13 Output Analysis…………………………………………………………………...14 Conclusion………………………………………………………………………...18 References………………………………………………………………………...19 Page | 2 Acknowledgements With sincere gratitude, I would like to express my special thank you to Professor Dr. W. David Kelton. This project would have never been completed without his direction, assistance, and encouragement. I would also like to thank my parents, for their endless support during each and every one of my life’s endeavors. Page | 3 List of Figures Figure 1. Triangular distribution observed in Input Analyzer for Fitness Center Wait times...…………………………………………...
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...Financing the Mozal Project Li Hongru, Ji Bian & Frantz Moudoute Analysis of an Project Finance case in Mozambique The University of Hong Kong, MBA Class of 2016 Summary Summary ........................................................................................................................................ 2 The Mozal project – Presentation ........................................................................................... 3 Project Financing – Definition ................................................................................................. 3 Project finance -‐ Advantages and disadvantages ............................................................. 4 Advantages ................................................................................................................................ 4 Disadvantages .......................................................................................................................... 4 Project Financing -‐ A solution for Mozal ............................................................................. 5 “Hujambo Mozambique!” .......................................................................................................... 5 Risk assessment ........................................................................................................................... 6 Sovereign risk..............................................................................
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...Rail TCS Concept Simulator SEA developed the Train Control System (TCS) Concept Simulator for the West Coast Route Modernisation project. A team of SEA engineers has developed, operated and maintained the Concept Simulator since 1998. The Concept Simulator models the functional operation and inter-operation of key components of train control system architecture and the external systems to which the system interfaces. The simulator is valuable in the development and analysis of operational principles, and in assessing design trade-offs. The SEA-designed facility simulates operation at ERTMS Levels 1, 2, and 3. Components include a Communications Network, a Network Management Centre, a generic Interlocking, a Radio Block Centre, a Track Simulator including both conventional and TCS equipment, a Driver Desk, a European Vital Computer and a Driver MMI. The components are modelled using software-based simulations hosted on networked PCs. The simulator has been valuable in the engineering evaluation and validation of emergent system architectures, and enables system constraints to be explored and defined. ERTMS operational modes and the transitions between them are simulated and ERTMS principles and procedures are followed. Innovative Customer Information System (ICIS) SEA's Innovative Customer Information System (ICIS) is capable of managing and displaying customer information, including real time information, in a visually dynamic manner. The system utilises intelligent screens...
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...Chapter 5 Scheduling the Project This chapter covers the topic of scheduling, probably the most extensively covered subject dealing with project management. In addition to the usual PERT and CPM networks, Gantt charts, etc., the subject of project uncertainty and risk management is also discussed. The use of computer simulation to generate the approximate distribution of project completion times is also discussed. Appendix C illustrates how Crystal Ball can facilitate this analysis and be used to help better understand the implications of schedule uncertainty. Cases and Readings A case appropriate to the subject of this chapter is: Harvard: 9-613-021 Arrow Diagramming Exercise This 3-page case describes the marketing campaign for a newly developed industrial hardware item. Over two-dozen activities are noted and described. The case asks for the network diagram and critical path. A reading appropriate to the subject of this chapter is: L.P. Leach. Critical Chain Project Management Improves Project Performance (Project Management Journal, June 1999, p. 39-51). This article explains the procedures developed by E. Goldratt in his Critical Chain approach to project management. Includes a discussion of project and feeder buffers. Projects using the critical chain often report significantly improved schedule, cost, and scope performance. Answers to Review Questions 1. By definition, critical tasks are those tasks that if delayed will delay the completion...
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