Lecture #2 In Class Assignment OLAP 24

Hide Assignment Information Instructions   Exercise #5 For this week exercise, we need to try a few logit models (see this link for more information: LOGIT REGRESSION) If you have chosen to work with Excel, please run above three models and complete the following tables. Model 1: Run a regression model and use being a member of network and find out its impact on hospital cost? (Model 1) Model 2: For the 2nd model run a regression model and use being a member of network and find out its impact on hospital cost and hospital revenue? (Model 2) Model 3: For the 3rd model run a regression model and use being a member of network and find out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge. Based on your finding please recommend 3 policies and discuss the impact of being on a network on hospital cost, hospital revenue and out its impact on ratio-Medicare-discharge and ratio-Medicaid-discharge. Do you recommend keeping membership for a hospital? Why or why not?

What is cloud-based forecasting, and why do companies use this in solving supply chain forecasting problems? Will cloud services replace the conventional forecasting solutions? What information would you use to support the view?

Explain the concept of master data management (MDM) and its significance in maintaining consistent and accurate data across an organization. What challenges can arise in MDM implementation?

Hi, may you please help me. Thank you very much  What is cloud-based forecasting, and why do companies use this in solving supply chain forecasting problems? Will cloud services replace the conventional forecasting solutions? What information would you use to support the view?

Why is reliable forecasting so important for businesses using a continuous replenishment inventory system?

What are some of the common Business Statistics used in Excell for Hospitality Management?

Describe the concept of predictive analytics in CRM. How can it be utilized to forecast customer behavior and trends?

For this final assignment I’d like you to call upon your knowledge of forecasting to help project your firm’s revenue stream for the upcoming year. In the Microsoft Excel that is attached to this assignment, you will find the past four years of quarterly revenue data for your nonprofit. Your revenue comes from two major sources: individual donations and donations from corporations. I’d like you to use the past four years’ worth of data to forecast the individual donations and donations for corporations for the next fiscal year (year 5 quarters 1-4).   Once you have forecasted both individual revenue streams you can simply add them together to get your overall revenue forecast for the next fiscal year. Please discuss what forecasting method you chose and how you made your decision. You can do this in your excel document or write up a separate paragraph or two in a Microsoft Word document.

What is the difference between probability, forecasting, and optimization? Provide a chart for each if possible.

List and describe three time series models, and explain when would you use it? (be specific)

There are two major ways of gaining data for the technology forecast. Which one you prefer using for technology forecasting?

Explain in detail about Collaborative Planning, Forecasting and Replenishment (CPFR)?

Source Available at: http://panmore.com/walmart-inventory-management [Accessed 18 July 2022] Reading the above, it becomes clear that good inventory management and forecasting can deliver supply chain success for and could ultimately lead to profitability and growth. In a report you are required to evaluate the importance of forecasting for Walmart Your report, must include but is limited to the following: • The importance of forecasting to Walmart. • Examine if a combination of both qualitative and quantitative forecasting may be best suited. • Argue the relevance of cloud-based forecasting for Walmart. NB: • The marks allocated next to each concept in the rubric below should serve only as a guide to the depth your discussion should cover. Your answer should be a minimum of 1 200 to a maximum of 1 500 words. Markers are to stop marking after the threshold of 1 500 words (two-and-a-half to three pages) has been reached. Please indicate the word count at the end of your answer. • You…

Describe the concept of Master Data Management (MDM) and its significance in maintaining consistent and accurate data across an organization.

Step 1 of 4: Determine the three-period moving average for the next time period. If necessary, round your answer to one decimal place.   Step 2 of 4: Determine the three-period weighted moving average for the next time period with weights of 33 (most recent), 22 (second latest time period), and 11 (oldest time period). If necessary, round your answer to one decimal place.   Step 3 of 4: Determine the exponential smoothing forecast for the next time period using a smoothing constant of 0.500.50. If necessary, round your answer to one decimal place.   Step 4 of 4: Which forecasting method is best and why?

Discuss the challenges and ethical considerations related to the collection and use of customer data in CRM systems.

can I ask some help about our assignment where we are tasked to find a case study in a manufacturing industry that uses trend projection as a method for forecasting? this is for reference only we are searching for a case study for days and cant find a case study in a manufacturing industry that uses trend projection that's why we ask if you can help us in searching we only need an article or text books for reference

Discuss the ethical considerations and potential privacy concerns when collecting and utilizing customer data within CRM systems.

Explain why is accurate forecasting so important to companies that use a continuous replenishment inventory system?

Forecasting plays an important role in the operations of modern management. In fact, operational managers are able to make effective decisions on the basis of accurate forecasting. On the basis of online data availability, select any organization and analyze its forecasting techniques?Length of the answer Between 200 and 220 words.

Forecasting plays an important role in the operations of modern management. In fact, operational managers are able to make effective decisions on the basis of accurate forecasting. On the basis of online data availability, select any organization and analyze its forecasting techniques.

What impact has the Internet had on how businesses predict in favour of their supply chain forecasting processes?

What are the advantages and disadvantages of aggregating deman from a forecasting view? Are there other things that should be considered when going from multiple DC (Distribution Centers) to a DC?

Explain the relationships (if there's any) between Forecasting and Inventory Management to a new (non perishable) consumer retail business in your city that has about 2 million residents. The company will employ about 100 people to start out. What do they need to understand? They need your help because they found out you are about to complete your MBA. Complete your response in 4 paragraphs.

Forecasting as you have read isn't an exact science.  There can be many intangibles that you just can't predict.  Therefore, which forecasting method do you believe is most successful and which one do you think is least effective?  Please explain.