**QRB** **501** Week 5 Summary

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**QRB** **501** Week 4 Summary

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**QRB** **501** Week 6 Learning Team Assignment Executive Management

Presentation

**QRB** **501** Week 6 Learning Team Assignment Executive Management

Presentation

Prepare a 10- to 12-slide presentation for the Executive Management Team

Assignment of your company in which you:

• Include a description of the current inventory system.

• Include the raw data used.

• Generate a frequency distribution of the data using Microsoft® Excel®.

• Generate a normal distribution of the data using Microsoft® Excel®.

• Compare the mode, median, and mean of the data.

• Compare the range with the standard deviation of the data.

Include speaker notes in which you explain:

• How the frequency distribution might be used to better understand and improve

the inventory system.

• How the normal distribution might be used to better understand and improve the

inventory system.

• Which measure of central tendency most accurately depicts the inventory data.

• Which measure of dispersion most accurately depicts the inventory data.

Format your presentation consistent with APA guidelines.

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**QRB** **501** Week 6 DQ 2

**QRB** **501** Week 6 DQ 2

What skills do managers need today? Are these skills different from management

skills of 50 years ago? Why?

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**QRB** **501** Week 6 DQ 1

**QRB** **501** Week 6 DQ 1

What are the elements of a decision? How does statistical decision theory

differ in conditions of certainty and uncertainty? When making a decision,

can doing nothing be a valid alternative? Why? Please remember to cite your

sources

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**QRB** **501** Week 5 Learning Team Assignment Inventory Proposal Part III

**QRB** **501** Week 5 Learning Team Assignment Inventory Proposal Part III

Select an inventory management problem that applies to your work or

personal life.

Finish Preparing a project proposal in which you now:

• Use seasonal indices to analyze the inventory data.

• Use the slope-intercept formula to determine the annual increase in inventory.

• Provide monthly seasonal indices for the given data.

• Identify the busy months of year.

• Identify the slow months of year.

Construct a histogram of the inventory data using Microsoft® Excel®.

Forecast the future inventory costs using time value of money concepts.

Format your proposal consistent with APA guidelines.

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**QRB** **501** Week 5 DQ 2

**QRB** **501** Week 5 DQ 2

What is the middle? If we have student scores of 4.0, 3.7, 3.7, 3.7, and 1.0, the

average would be 3.2, whereas both the median and the mode would be 3.7. Is

one of them truly in the middle? How dispersed is this list? That is, how much

do the scores vary from the middle? Consider a routine task you do daily.

Which matters most, the average time it takes to complete the task or the most

frequent amount of time? How much does the time spent on the task vary?

How would you go about finding the middle of the process?

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**QRB** **501** Week 5 DQ 2

**QRB** **501** Week 5 DQ 2

What is the middle? If we have student scores of 4.0, 3.7, 3.7, 3.7, and 1.0, the

average would be 3.2, whereas both the median and the mode would be 3.7. Is

one of them truly in the middle? How dispersed is this list? That is, how much

do the scores vary from the middle? Consider a routine task you do daily.

Which matters most, the average time it takes to complete the task or the most

frequent amount of time? How much does the time spent on the task vary?

How would you go about finding the middle of the process?

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**QRB** **501** Week 5 DQ 1

**QRB** **501** Week 5 DQ 1

Does all statistical data have a mean, median, or mode? Why? When is the

mean the best measure of central tendency? When is the median the best

measure of central tendency?

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**QRB** **501** Week 4 Learning Team Assignment Inventory Proposal Part II

**QRB** **501** Week 4 Learning Team Assignment Inventory Proposal Part II

Select an inventory management problem that applies to your work or

personal life.

Continue Preparing a project proposal in which you now:

Convert time series data collected in Week Two to seasonal indices. You may

choose to use the University of Phoenix Material: Summer Historical Inventory

Data or University of Phoenix Material: Winter Historical Inventory Data if the

data you collected is insufficient.

Format your proposal consistent with APA guidelines.

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**QRB** **501** Week 4 DQ 2

**QRB** **501** Week 4 DQ 2

Often in personal finance we want to know what our $1 investment today will

be worth in 20 years. In business however, there is more concern with

answering the question, “If I receive $100 in 5 years, what is that worth

today?” To answer this question, modify the formula fv = pv*((1+i)^n) and

use the reciprocal. Simply stated, the reciprocal of a number is 1 divided by

the number; the reciprocal of 10, for example, is 1/10. In the formula above,

we divide both sides by ((1+i)^n), which creates a new formula where the fv is

multiplied by the reciprocal of the original: fv*(1/((1+i)^n))=pv. Select an

interest rate and number of periods—be sure your numbers are different

from other students who already answered this question—to calculate the

present value of $100 received in the future. What would the value of $100 in

the future be today given the interest rate and number of periods you

selected?

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**QRB** .**501** Week 4 DQ 1

**QRB** **501** Week 4 DQ 1

How do you apply the time value of money concept to make decisions in your

personal life? How might you use the Time Value of Money concept as a

quantitative reasoning tool in business?

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**QRB** **501** Week 3 Summary

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**QRB** **501** Week 3 Learning Team Assignment Inventory Proposal Part I

**QRB** **501** Week 3 Learning Team Assignment Inventory Proposal Part ISelect

an inventory management problem that applies to your work or personal life.

Prepare a project proposal in which you:

Describe the organization, the inventory problem it faces, and the expected benefits

that are motivating the organization to implement a solution

Format your proposal consistent with APA guidelines.

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**QRB** **501** Week 3 Individual Assignment Forecasting With Indices

**QRB** **501** Week 3 Individual Assignment Forecasting with Indices

Select one organization from either your Week Two Learning Team

Assignment assignment, University of Phoenix Material: Summer Historical

Inventory Data, or University of Phoenix Material: Winter Historical

Inventory Data to complete this assignment.

Convert the data from your chosen source into an index.

Use the time series data from your index to forecast inventory for next year.

Format your assignment consistent with APA guidelines.

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**QRB** **501** Week 3 DQ 2

**QRB** **501** Week 3 DQ 2

What is the purpose of using correlation analysis? How might correlation

analysis be used in business decisions or in strategy formulation and

implementation? How might correlation analysis be misused to explain a

cause-and-effect relationship?

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**QRB** **501** Week 3 DQ 1

**QRB** **501** Week 3 DQ 1

Why are graphs and charts used to represent information? What distinguishes a

histogram from a bar chart? What are some examples of grouped and ungrouped

data? What would be the most appropriate graphical representation to show the

dispersion of new home prices in a particular area? Why?

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**QRB** **501** Week 2 Summary

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**QRB** **501** Week 2 Learning Team Assignment Inventory Systems Summary

**QRB** **501** Week 2 Learning Team Assignment Inventory Systems Summary

Write a summary which includes:

250- to 350-word description of each inventory system.

350- to 700-word comparison describing the advantages and disadvantages of

each system.

Format your summary consistent with APA guidelines.

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**QRB** **501** Week 2 DQ 2

**QRB** **501** Week 2 DQ 2

Access http://www.conference-board.org/economics/ConsumerConfidence.cfm.

This is an index based on how people feel about the economy. All indexes are

created in a similar fashion. A base is first selected. In this case, the base was

1985 and set at 100. Thus, if the index was at 57.2 in May 2008, and in

October 1992 the index was at 54.6, are people feeling better or worse in 2008

than they did in 1992? If the index was at 62.8 in April 2008, what does that

mean for May 2008?

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**QRB** **501** Week 2 DQ 1

**QRB** **501** Week 2 DQ 1

What is forecasting? What information is forecasted at your organization? Which

forecasting methods are used at your organization? What information at your

organization is not currently being forecasted that could be forecasted to increase

productivity or decrease waste?

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**QRB** **501** Week 1 Summary

**QRB** **501** Week 1 Summary

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**QRB** **501** Week 1 DQ 2

**QRB** **501** Week 1 DQ 2

When using the formula NI = [U * (P-VCu)] – FC, in which order must you

complete the calculation? Why does the order of operations matter?

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**QRB** **501** Complete **Course**

**QRB** **501** Complete **Course**

**QRB** **501** Week 1 DQ 1

**QRB** **501** Week 1 DQ 2

**QRB** **501** Week 1 Summary

**QRB** **501** Week 2 DQ 1

**QRB** **501** Week 2 DQ 2

**QRB** **501** Week 2 Learning Team Assignment Inventory Systems Summary

**QRB** **501** Week 2 Summary

**QRB** **501** Week 3 DQ 1

**QRB** **501** Week 3 DQ 2

**QRB** **501** Week 3 Individual Assignment Forecasting with Indices

**QRB** **501** Week 3 Learning Team Assignment Inventory Proposal Part I

**QRB** **501** Week 3 Summary

**QRB** **501** Week 4 DQ 1

**QRB** **501** Week 4 DQ 2

**QRB** **501** Week 4 Learning Team Assignment Inventory Proposal Part II

**QRB** **501** Week 4 Summary

**QRB** **501** Week 5 DQ 1

**QRB** **501** Week 5 DQ 2

**QRB** **501** Week 5 Learning Team Assignment Inventory Proposal Part III

**QRB** **501** Week 5 Summary

**QRB** **501** Week 6 DQ 1

**QRB** **501** Week 6 DQ 2

**QRB** **501** Week 6 Learning Team Assignment Executive Management

Presentation

**QRB** **501** Week 6 Summary

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**QRB** **501** Week 1 DQ 1

**QRB** **501** Week 1 DQ 1

In management, how important is it to learn to use mathematics to solve

problems? How valuable is an MBA degree without the ability to identify and

calculate the cost of a company’s capital, its return on investment, gross

margin percentage, break-even point, or what percent of a population would

be willing to buy its product?

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