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Methods for Analysis for Business Operations
Methods for Analysis for Business Operations
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Order Number |
45687986523 |
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Type of Project |
ESSAY |
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Writer Level |
PHD VERIFIED |
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Format |
APA |
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Academic Sources |
10 |
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Page Count |
3-12 PAGES |
Instructions/Descriptions
Methods for Analysis for Business Operations
Chapter 5: Forecasting
For the Unit VIII assignment, please refer to Section 5.4 of the text.
Monica works at a regional weather office on the Atlantic coast. She notes (from the office records) that hurricanes have made landfall on the coast somewhere near their city of Johnstown in the past 11 years. Monica notes that forecasted landfall has been different from actual observed landfall as shown in the table below.
| YEAR | ACTUAL (MILES FROM JOHNSTOWN) | 24-HOUR FORECAST (MILES FROM JOHNSTOWN) |
| 1 | 4 | 6 |
| 2 | 5 | 5 |
| 3 | 30 | 40 |
| 4 | 2 | 10 |
| 5 | 12 | 13 |
| 6 | 7 | 5 |
| 7 | 11 | 11 |
| 8 | 21 | 25 |
| 9 | 12 | 8 |
| 10 | 12 | 15 |
| 11 | 6 | 9 |
How accurate has the forecast been? Do you think this difference matters to a beach town? Can you develop a forecasting system model that may be more accurate?
Explain your methodology and ideas in a paper of at least four pages. Be sure to research sources to support your ideas, and integrate the sources using APA-formatted citations and matching reference lists. Additionally, use Times New Roman 12pt. double-spaced font.
Chapter 5: Forecasting
Quantitative Analysis for Management (Barry Render)
Class MSL 5080 Methods for Analysis for Business Operations
Performance Management Encouraging Employee Development
Part 1 (Needs to be 500 words and labeled as part 1)
Matrix is interested in how performance management systems are designed effectively and how they adhere to legal requirements. Your supervisor Annalise has asked you to prepare a two-part executive report for the VP of HR that demonstrates some key factors to consider when designing a performance management system.
In Part 1 of the report due this week, Annalise has asked you to write 500-600 words that address the following questions about designing a performance management system:
What is the importance of goal-setting when designing a performance management system?
What is the role of a job description when designing a performance management system?
How does performance management encourage employee development?
Part 2 – Needs to be 500 words and labelled as part 2
Annalise would like you to add information about legal concerns that are linked to performance management systems. Matrix is concerned because it wants to protect the organization from any potential lawsuits. Your
report to the VP of HR will be pivotal because it will help senior leaders develop their legal strategy to going forward.
What laws should be considered when conducting a performance evaluation?
Considering performance evaluation, what can managers do to prevent discrimination?
Methods for Analysis for Business Operations
