Although demand forecasting is usually the responsibility of the sales and/or marketing functions‚ it is a very important input into the capacity planning and control decision‚ and so is of interest to operations managers. After all‚ without an estimate of future demand it is not possible to plan effectively for future events‚ only to react to them. It is therefore important to understand the basis and rationale for these demand forecasts. As far as capacity planning and control is concerned‚ there
Premium Planning Management Forecasting
Demand forecasting is one of the most important tools of production and operation management of a company. 1. The objective of demand forecasting is to forecast the sales of the company in future and it helps the company in budgeting it’s sales and to determine the resources which the company will require to fulfill that demand. 2. Forecasting demand method can also help the companies to avoid oversupply and undersupply of the products 3. This also helps the company in inventory management and lowers
Premium Average Moving average Forecasting
GOLD FLUCTUATION AND ITS IMPACT ON INDIAN ECONOMY INTRODUCTION History of gold International monetary system - gold or silver as a means of exchange. Gold is one of the most valuable economic indicators. Gold’s price elasticity is negative. Rising gold prices can change destiny of many unprofitable mines and turn them into a very successful business. Gold is a safe investment. Gold prices have been determined more by landed costs and by the rupee-dollar exchange rate. Factors affecting gold
Premium Bretton Woods system Central bank Foreign exchange reserves
IJCSMS International Journal of Computer Science and Management Studies Vol. 13‚ Issue 06‚ August 2013 ISSN: 2231-5268 www.ijcsms.com Impact of Rupee- Dollar Fluctuations on Indian Economy: Challenges for Rbi & Indian Government Anshu Grewal MRIEM‚ Rohtak‚ Haryana (India) broken down and rupee ties to the pound sterling were disengaged. A float exchange regime was established by India. Effective rate of rupee was placed on a controlled‚ floating basis and linked to a “basket of currencies”
Premium Foreign exchange market Currency Exchange rate
III FACTORS INFLUENCING GOLD FUTURES 6 US dollar and gold price……………………………………………………………………….6 Central bank reserve policy and gold price……………………………………………………8 Demand and supply of gold and its effects in the price………………………………………11 Inflation and gold price……………………………………………………………………….15 Investment demand and gold price…………………………………………………………...16 Geopolitical scenario‚ macroeconomic changes‚ and gold price……………………………..18 Gold vs. Oil as an investment alternative…………………………………………………
Premium Bretton Woods system Central bank Gold
Applied Econometrics and International Development. AEID.Vol. 6-1 (2006) DETERMINANTS OF EXCHANGE RATE FLUCTUATIONS FOR VENEZUELA: APPLICATION OF AN EXTENDED MUNDELL-FLEMING MODEL HSING‚ Yu* Abstract Applying and extending the Mundell-Fleming model‚ this study attempts to examine the behavior of short-term real exchange rates for Venezuela. It finds that the real effective exchange rate is positively associated with real government deficit spending and negatively influenced by real
Premium Inflation Monetary policy Foreign exchange market
INTRODUCTION OF THE STUDY The topic is selected for the project is the Gold price fluctuations and gold as a investment. I selected this topic because of the change in the price of gold and people’s interest in investing in gold as an investment. This topic is selected due to the fluctuating nature of gold and changing trend of gold price. Nowadays people tend to invest their money in gold so as they can increase their investment according to the price of gold at that particular period.
Premium Investment Precious metal Bretton Woods system
These new discoveries made the price of silver fall dramatically‚ due to the excess supply prices were forced down‚ as the demand did not match supply at so high price levels. Demand for silver has changed over the past years. Firstly‚ the use of high-purity silver for color paper in home and other color printers made the price of silver increase due to a rise in the demand for silver from the printing sector. As more silver was demanded‚ the price of it could be increased as in this case silver
Premium Gold Cost Silver
prices also fluctuate everyday and are driven by the supply and demand. Some of the important factors affecting gold prices are listed below: 1. High inflation: When the economy exhibits high inflation‚ people prefer to invest in commodities‚ especially Gold. This demand is driven by the fact that in the times of high inflation‚ stock markets don’t do well and Gold becomes a safer option. 2. US Dollar: When the US dollar declines‚ the demand for gold increases. Most investors think that gold is a good
Premium Precious metal Investment Bretton Woods system
read and give rewards to me ABSTRACT Gold is a brilliant yellow precious metal that is resistant to air and corrosion. Gold comes
Premium Futures contract