...ON TIME SERIES ANALYSIS PLANNING AND CONTROL OF OPERATONS FAWAZ MOHAMED KUTTY 215112035 MBA Ist YEAR TIME SERIES ANALYSIS A time series may be defined as a set of values of a variable collected and recorded in a chronological order of the time intervals. Time series is used by statisticians to describe the flow of economic activity. In short time series refers to the data depending on time. It refers to a set of observations concerning any activity against different periods of time. The duration of the time period may be hourly, daily, weekly, monthly or yearly. According to Morris Hamburg “A time series is a set of statistical observations arranged in chronological order”. Therefore time series is also called historical data or historical series. The study of movement of quantitative data through time is referred to as ‘time series analysis’. Time series is of great importance to the planners of economic development and economists. The success of planning depends upon making accurate forecasts of future conditions of economy. It enables the economists to foresee what is likely to come and to analyze the repercussions of past behavior. The analysis of time series enables us to understand the past behavior or performance. Time series analysis can be used to know how the data changes over time and find out probable reasons for such change. UTILITY OF TIME SERIES ANALYSIS Analysis of time series is of relevance whenever a variable is found to vary over time. Variable...
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...TRENDS IN CHARGES FOR PAY TV SERVICES, THE QUALITY OF SERVICES PROVIDED TO CONSUMERS AND SUBSCRIBER NUMBERS Introduction and executive summary 1. In its Third Consultation Document, Ofcom concluded that there are relevant markets at the retail level for (a) “supply of Sky Sports 1, Sky Sports 2 or Setanta Sports 1 as well as HD versions of these channels or TV packages that contain these channels” and (b) “supply of television bundles containing Core Premium Movie channels”1. Part of Ofcom‟s analysis in support of these conclusions has involved consideration of changes over time in: (a) (b) (c) 3. charges for Sky‟s pay TV services; the quality of services provided by Sky to consumers; and the number of Sky subscribers. 2. In its inquiry Ofcom has put forward a view that Sky has continually raised charges for its pay TV services over time, reducing the value for money received by consumers, while at the same time increasing the number of its subscribers. Ofcom then infers from this assessment that Sky does not face effective competition at the retail level. Sky considers that the facts of the matter wholly contradict this assessment by Ofcom, and the inference that is drawn from it. Sky has already provided Ofcom with significant evidence collected by PwC, which shows that in relation to pay TV services UK consumers are well served compared to their European peers. Similarly, in its Response to Ofcom‟s Third Consultation Document, Sky demonstrated that Ofcom‟s proposition...
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...University of Phoenix | Cost Benefits Analysis | BSA310/Paula Billups | | Sharon Link Mcknight | 10/27/2014 | | Cost Benefits Analysis Evaluating quantitatively whether to follow a course of action Basic cost-benefit analysis is a moderately easy and extensively used method for determining whether to make a change. As it is named suggests using the technique simply add up the value of the benefits of a course of action, and subtract the costs associated with it. Cost are either one-off or may be continuous. Benefits are most often received over time. We create this effect of time into our analysis by calculating a payback period. This is the time it takes for the benefits of a change to repay its costs. Many businesses look for payback over a specified period, e.g. three years. In its simple form, cost-benefits analysis is carried out using only financial costs and financial benefits. For example, a simple cost/benefits analysis of a road scheme would estimate the costs of building a road, and subtract this from the economic benefits of improving transport links. It would not measure either the cost of environmental damage or the benefit of quicker and easier travel to work. A more sophisticated approach to cost/benefit measurement modes is to try to put a financial value on intangible costs and benefits. This can be highly subjective, is, for example, a historic water meadow worth $25, 000, of is it worth $500, 000 because of its environment importance...
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...Internship Report On “GSK’S Financial Performance Trend Analysis” Azizur Rahman Submitted By:- 08104091 _ _ _ _ _ _ _ _ _ _ _ _ _ 400 BUS – Spring 2012 . Jabir Al Mursalin Submitted To:- MdLecturer of BRAC Business School BRAC University Dept: BBS Date of Submission: 24th May, 2012 Letter of Endorsement The Internship Report entitled GSK’S Financial Performance Trend Analysis has been submitted for partial fulfillment of the requirements for the degree of Bachelor of Business Administration, Major in Marketing & Finance Faculty of BRAC Business School on Spring 2012 by Mr. Md. Jabir Al Mursalin, Id # 08104091. The report has been accepted and may be presented to the Internship Defense Committee for evaluation. (Any opinions, suggestions made in this report are entirely that of the author of the report. The University does not condone nor reject any of these opinions or suggestions). ______________________ “Mr. Md. Jabir Al Mursalin” Lecturer...
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...Internship Report On “GSK’S Financial Performance Trend Analysis” Submitted By:- Azizur Rahman 08104091 _____________ BUS – 400 Spring 2012 Submitted To:- Md. Jabir Al Mursalin Lecturer of BRAC Business School BRAC University Date of Submission: 24 May, 2012 Dept: BBS th Letter of Endorsement The Internship Report entitled GSK’S Financial Performance Trend Analysis has been submitted for partial fulfillment of the requirements for the degree of Bachelor of Business Administration, Major in Marketing & Finance Faculty of BRAC Business School on Spring 2012 by Mr. Md. Jabir Al Mursalin, Id # 08104091. The report has been accepted and may be presented to the Internship Defense Committee for evaluation. (Any opinions, suggestions made in this report are entirely that of the author of the report. The University does not condone nor reject any of these opinions or suggestions). ______________________ “Mr. Md. Jabir Al Mursalin” Lecturer Academic Internship Supervisor Transmittal Message May 24, 2012 Mr. Md. Jabir Al Mursalin Lecturer BRAC Business School Subject: Letter of Transmittal Dear Sir, I am taking the opportunity to submit the report on “GSK’S Financial Performance Trend Analysis" as a requirement of my internship at GlaxoSmithKline Bangladesh Ltd. under the BBA Program of BRAC University -Bangladesh I worked as an Intern in the Secretarial & Legal Division at GSK Bangladesh Ltd. for 12 weeks gaining a working knowledge of the various finance...
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...Planning and Control Project Delays and Over-Run 18th April 2010 Bassam Bjeirmi Bassam Bjeirmi 22 (Including front Section) Contents Introduction 1.0 Lack of Risk Management Systems 2.0 Design and Project Changes 3.0 Unreasonable Project scope 4.0 Over-ambitious estimates and task assessment 4.1 Delay Analysis Technique 4.2 Critical, Non-Critical Delay and Float 4.3 Excusable and Non-Excusable Delays 4.4 Compensable and Non-Compensable Delays 4.5 Concurrent Delays 4.6 Methodology Types of Delay Analysis 5.0 Inappropriate Contractors 6.0 Conclusion 7.0 References Page 1 2 4 5 6 7 8 9 9 9 10 11 13 14 Executive Summary The purpose of this assignment is to provide a report that shows evidence of the student’s understanding and the ability to apply the contents of Module SU235: Project planning and control Management, by digesting the course literature and applying the course specifics. By functionally discussing project planning and control methods on the course website forum, the student absorbed the methodology and processes of project planning and control. With this knowledge the student composed the following assignment based on “Cost Overrun” and “Delays” in projects, annotating methods and processes to overcome these problems. The student delineates the importance of managing project delays and overrun. Highlighting the competitive construction environment, with one of the prime reasons for delay and overrun, being “project change”; suggesting this and other causes are...
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...Time series analysis We are pleased to submit the following report on the “Time Series Analysis”. By completing the report, we have got acquainted importance and relevance of time series on business application. We also perceived idea on the whole process of Time Series Analysis. We acquired knowledge about the method of measuring trend, growth rate, acceleration rate etc. In spite of limitation of time & opportunity we have tried our level best to complete the report. We are pleased to provide you with this report with necessary analysis, references and we shall be available for any clarification, if required. Thank you for assigning us in this study. On behalf of the group Md. Arif Hasan ID: 12-150 Table of Contents Serial No Topic Page No 1 Letter of Transmittal 1 2 Rationale of the study 2 3 Objectives of the report 3 4 Methodology of the report 3 5 What is Time Series 4 6 Uses of Time Series in Business 5 7 Components of a Time Series 5 8 Classical Time Series Model 9 9 Methods of trend measurement 9 10 Least squares method 10 11 The Growth Rate 14 12 The Acceleration Rate 15 13 Rule of 72 16 14 Bibliography 17 Rationale of the study Having been assigned to prepare a report on Time Series Analysis we are submitting the term paper based on our findings and understandings. Time series analysis has vast application and is of huge importance in the field of Business and Economics as well as in decision making thereof. Calculating secular trend we can...
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...Definition: In an active portfolio strategy, a manager uses financial and economic indicators along with various other tools to forecast the market and achieve higher gains than a buy-and-hold (passive) portfolio. Tracking error is a measure of how closely a portfolio follows the index to which it is benchmarked. The most common measure is the root-mean-square of the difference between the portfolio and index returns. Many portfolios are managed to a benchmark, normally an index. Some portfolios are expected to replicate, before trading and other costs, the returns of an index exactly (an index fund), while others are expected to 'actively manage' the portfolio by deviating slightly from the index in order to generate active returns or to lower transaction costs. Tracking error (also called active risk) is a measure of the deviation from the benchmark; the aforementioned index fund would have a tracking error close to zero, while an actively managed portfolio would normally have a higher tracking error. Dividing portfolio active return by portfolio tracking error gives the information ratio, which is a risk adjusted performance metric. If tracking error is measured historically, it is called 'realised' or 'ex post' tracking error. If a model is used to predict tracking error, it is called 'ex ante' tracking error. The former is more useful for reporting performance, whereas ex ante is generally used by portfolio managers to control risk. The individual investors who wish...
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...Introduction: Westlake Bowling Lanes is sixteen lanes, Ten-pin bowling alley located in Raleigh, North Carolina. It is currently being operated by Shelby Givens, but it originally belonged to her maternal grandfather Dane Sugar. Dane stared this business in the early 1970s. At that time the bowling alley had been profitable because it was the only bowling alley being constructed in Raleigh downtown. Dane started this business, as he was a passionate bowler himself. At his time the bowling alley prospered and became a place for families and other competitive league players to come and bowl. Upon Dane’s death someone had to step in and run the business so the board members, consisting of one of his son and his son’s close friends, offered the job of being the general manager to their oldest employee, Shirley Smith. As she had worked along with Dane for the longest time, she knew all the in’s and out’s of the business. But she lacked the appropriate managerial skill and experience and she couldn’t do much for the business and the bowling alley had not been doing well. One of the board members, Shelby’s uncle, contacted her and asked to step in and take control of the business. Shelby, an MBA graduate was considering her options when her uncle approached her. She decided to step in because the business belongs to her grandfather and she did not want it to go down the drain. She had worked with her grandfather at Westlake Lanes for two summers while she was still in college...
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...1. EXECUTIVE SUMMARY Financial analysis is the starting point for making plans, before using any sophisticated forecasting and planning procedures. Understanding the past is a prerequisite for anticipating the future. Financial analysis is the process of identifying the financial strength and weakness of the firm by properly establishing relationship between the items of the balance sheet and the profit and loss account. Financial analysis can be undertaken by management of the firm, or by parties outside the firm, viz. owners, creditors, investors and others. The nature of analysis will differ depending on the purpose of the analyst. 1. Investors: Who invested their money in the firm’s shares, are most concerned about the firm’s earnings. They more confidence in those firm’s that show steady growth in earnings. As such, they concentrate on the analysis of the firm’s present and future profitability. They are also interested in the firm’s financial structure to that extent influence the firm’s earning ability and risk. 2. Trade creditors and financial institution: they are interested in firm’s ability to meet their claims over a very short period of time. Their analysis will, therefore, confine to the evolution of the firms liquidity position. And the financial institutions are interested in the financial statements of the borrowing concern to ascertain its short- term as well as long-term solvency and also it profitability. 3. Suppliers: On the other hand, are concerned...
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...REPORT ON TIME SERIES ANALYSIS REPORT ON TIME SERIES ANALYSIS SUBMITTED TO M. KHAIRUL HOSSAIN PROFESSOR Department Of Finance University Of Dhaka SUBMITTED BY Group – 17 Section-A BBA 12th Batch Department Of Finance WE ARE... |Sl. No |Name |Roll No | |1. |Dulal Paul |12-143 | |2. |Rahat Hussain Md. Zaidy |12-149 | |3. |MD. Arif Hasan |12-150 | |4. |MD. Khurshid Alam |12-170 | |5. |MD. Saiful Islam |12-254 | Letter of Transmittal Date: 16th September, 2008 M. Khairul Hossain Professor Department Of Finance Faculty of Business Studies University of Dhaka Subject: Submission of report We are pleased to submit the following report on the “Time Series Analysis”. By completing the report, we have got acquainted importance and relevance of time series on business application. We also perceived idea on the whole process of Time Series Analysis. We acquired knowledge about the method...
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...The analysis team has reviewed the numbers from the income statement and balance sheet for 2010 and 2011 using horizontal, vertical, and ratio analysis to determine Huffman Trucking’s financial position and trends over the past two years. This is a summary of our findings. Horizontal Analysis The horizontal analysis evaluates a series of data over time, mainly for intracompany use. An analysis of the 2010/2011 balance sheet data indicates significant increases in cash (54.6%), a decrease in accounts receivables (36.4%), and an increase in long-term debt (11.4%). This indicates that most of the financial expansion of Huffman Trucking was in cash or cash equivalents or by taking on additional long-term debt. The horizontal analysis of the 2020/2011 income statement data shows total operating expenses increased 15.3%, but most of that seems to be related to an increase in fuel expense (23.1%). Additionally, an increase of 14.4% in revenues from the previous year was noted. The steady increases in income improved the company’s ability to obtain debt and equity financing. Vertical Analysis Vertical analysis evaluates data in terms of a percent of a base amount. This type of analysis allows for comparison of data to industry competitors of different sizes and industry averages, but can also be used within the company. Analysis of the 2010/2011 balance sheet data shows the percent of cash increased from 22.7% to 33.5% of total assets and the percent of accounts receivables decreased...
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...Running head: Zara Case Paper Analysis 1 Zara: IT for Fast Fashion Case Analysis Sonal Bhagwat University of Houston-Victoria MGMT 6352-2011FA-25125 November 2011 Zara Case Paper Analysis Table of Contents: • • • • o • • • 2 Abstract Case Description Goals and Strategy Speed and Decision-making Marketing, Merchandising, and Advertising Information Technology Problem Analysis Firm-based-value chain model Model Application Implementation Opportunity Analysis Evaluation of IS Implementation Tangible Costs Analysis Tangible Benefits Intangible Costs Analysis Intangible Benefits Conclusion for Evaluation of IT Implementation Conclusion and Recommendations References 3 4 5 5 6 6 7 7 7 9 12 12 13 14 15 16 16 19 Zara Case Paper Analysis Abstract This case paper presents the business analysis of Zara, the leading and the profitable brand of Inditex. The case paper’s objective is to discuss whether to update the current DOS/IT infrastructure and evaluate the effects of the upgrade. By using the Michael Porter’s value chain analysis, we can understand Zara’s core business model of vertical integration and assess the areas where IS will add value to the system. The case paper also presents the IS implementation opportunities and evaluating the effectiveness of the implementation. The case paper concludes by providing recommendations for updating the current OS along with its advantages. 3 Zara Case Paper Analysis Case Description Zara is one of the largest...
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...Analysis Tools 1. Comparative financial statement analysis We can get information about accounting changes and direction, speed, and extent of trends from period to period, which reveal in balance sheets, income statements, or statements of cash flows. There are two popular comparative analysis techniques: ① Year-to year change analysis ② Index-number trend analysis Year-to year change analysis: ·over short time/ period 2-3 years ·provide change in absolute dollar amounts as well as in percentages which all reveal on a individual list ·computation is straightforward E.g. |Item(in millions) |Period 1 |Period 2 |Amount |Percemt | |Net income(loss) |(5000) |1000 |7000 |------- | |Tax expense |3000 |(500) |(3500) |-------- | |Cash |10 |3010 |3000 |30,000% | |Notes payable |------- |8000 |8000 |--------- | |Notes receivable |10,000 |------ |(10,000) |100% | GY company’s change analysis | |2006...
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...AIR BERLIN & EASYJET FINANCIAL COMPARISON 2009 -2011/12 MARKING GRID FOR STUDENTS |CRITERIA |Total marks |COMMENTS | | |available | | | |% | | |Quality of presentation: |7.5 |Professional presentation expected | |correct referencing / bibliography| |Font size 12 Times New Roman | | | |Standard margin sizes, headers & footers | | | |In text citations and Harvard style Referencing where appropriate | | | |All tables, graphs, charts and calculations to be placed in the appendix and | | | |cross referred to in the main text. | | | |Report style language – not essay | |Structure of Report |7.5 |Should include:- ...
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