“Demand forecasting plays a vital role and enables organizations to arrange for the required input as per the predicted demand, without any wastage of material and time” Substantiate your view on demand forecasting and discuss the various factors influencing demand forecasting. The Significance of Demand Forecasting in Organizational Planning Introduction: Demand forecasting is a pivotal …
Q1. The following details have been extracted from Sam Ltd.’s books of accounts for the year ending March 31, 2023. The manager of the company is shared and divides his time between the factory and the office in the ratio of 20:80. You are required to compute: (a)prime cost, (b) factory overhead, (c) factory cost, …
NMIMS Assignment December 2023 1) Independence of Central Bank is very crucial for impartial functioning and fair play in the economy. Any closeness of Central Bank to Ministry of Finance will not be fair and it will be viewed as baby of the government and will be looked with suspicion. Do you agree or disagree …
According to CEO of McKinsey & Co. Bob Sternfels, India would make it to the top in terms of global talent by 2047. The same is possible due to its huge working populace, growing number of transnational organizations, rehaul of global supply chains and digitalization. India is expected to be the leader in the Asian …
Workplace injuries and illnesses are significant concerns that impact the well-being of employees and the overall productivity of organizations. While there isn’t currently an ISO standard specifically dedicated to workplace injuries and illnesses, there is an international standard that addresses occupational health and safety management systems. This standard is ISO 45001:2018, titled “Occupational health and …
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Tata Motors is all set to launch its electric car Tata CURVV. It has decided a price range of approx. ₹15.00 – ₹ 20.00 Lakh with an automatic transmission. Based on the above information, as a marketing consultant, suggest a suitable segmentation plan for the newly launched brand (suggest a suitable type of segmentation with …
Consumer behavior refers to the actions and decisions made by individuals or households when they are purchasing goods or services. It involves studying how consumers make decisions, how they use products and services, and how they evaluate and respond to marketing and advertising efforts. Understanding consumer behavior is critical for businesses to develop effective marketing …
Mr. Saketh, a data scientist, received a data of his client Giridhar Enterprises which manufactures various engineering tools such as nuts, bolts, screws etc. Saketh arranged the data of the product sales based on the product category, customer list and time in months and years using Business Intelligence programming and submitted to his client in …
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Researchers at the University of Texas at Austin are using information technology platforms to refine the art of cancer treatment by scanning petabytes of data for correlations between a cancer patient’s genome and the composition of their tumors. For processing such huge data faster, the computing platform used by the research ensures the processing is …
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2022BUSINESS ADMINISTRATION- HONOURS : CALCUTTA UNIVERSITY Paper BBA-A202-C-3(Statistics for Business Decisions)Full Marks : 80 The mean, median, and standard deviation of a distribution are 45, 42, and 18 respectively, to find the skewness of the distribution. The formula for Pearson’s coefficient of skewness, which is a measure of the asymmetry of a distribution. A positive skew …
