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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