INDUSTRIAL STATISTICS AND OPERATIONAL MANAGEMENT 6 : FORECASTING TECHNIQUES Dr. Ravi Mahendra Gor Associate Dean ICFAI Business School ICFAI HOuse‚ Nr. GNFC INFO Tower S. G. Road Bodakdev Ahmedabad-380054 Ph.: 079-26858632 (O); 079-26464029 (R); 09825323243 (M) E-mail: ravigor@hotmail.com Contents Introduction Some applications of forecasting Defining forecasting General steps in the forecasting process Qualitative techniques in forecasting Time series methods The Naive Methods Simple Moving
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ISSUE 1: Swap land offer ANALYSIS JCL got an offer from Sleepside developer to purchase the land that main Sleepside lumberyard occupies and to relocate the lumberyard to another comparable site. The developer has offered to provide a lot‚ to build comparable store‚ move all shelving‚ racking‚ and inventory to new facility and pays $5 million. Per year increase in net income is estimated to be 11% for the first ten years and after that there will be no significant difference between the existing
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Bite-Sized Training™ | Mind Tools™ Bite-Sized Training™ Motivating Your Team Bite-Sized Training™ | Mind Tools™ Motivating Your Team Bite-Sized Training This e-book is published by: Mind Tools Ltd. Copyright © Mind Tools Ltd‚ 2006-2011. All rights reserved. Version 3.1 This e-book is protected by international copyright law. You may only use it if you are a member of the Mind Tools Club™. If you have any queries‚ please contact us at members.helpdesk@mindtools.com. Cover image © iStockphoto/ermingut
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Training and development Training and development (T&D) is the heart of a ceaseless exertion intended to enhance representative competency and hierarchical execution (Mondy.R‚ 2005). Training can be characterized as the orderly procedure of changing the conduct and states of mind of individuals in a sure course to expand objective accomplishment inside of the association (Jerling‚ 1996). It is seen as a key segment of the association and is viewed as an imperative administration instrument used to
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2225-0565 (Online) Vol 2‚ No.4‚ 2012 www.iiste.org Employee’s Training and Development for Optimum Productivity: The Role of Industrial Training Fund (ITF)‚ Nigeria Aroge‚ Stephen Talabi Ph.D. Department of Arts Education‚ Faculty of Education‚ Adekunle Ajasin University‚ Akungba-Akoko‚ Ondo State‚ Nigeria draroge@yahoo.com Abstract The purpose of this study is to determine the contributions of Industrial Training Fund (ITF) to employee’s training and development in Nigeria. Survey research was used in
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The ultimate goal of human resource management is to positively impact organizational performance by providing employment security‚ training and effective communication. Human Resource management is concerned with the need of the organization as well as with the need of its people. HR professionals help prepare the organization to achieve its emerging strategic goals. All HR functions are to be linked to the corporate objective strategy of the organization.1 HRM is the organizational function that
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Recruitment Strategy and Job Offer Process Organizations such as education‚ business and engineering all use diverse recruitment techniques as their operations transform and the demand for employees vary‚ based on the direction in which the organization is headed. This paper will study in detail business establishments and how they use their recruitment strategy to fill job vacancies. In addition‚ the paper will select and/or suggest which would be the best recruitment strategy to achieve the goal
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Aseptic Technique is based on surgical conscience; that is‚ the ethical and professional motivation that regulates a professional’s behaviors regarding disease transmission. (Fuller) All patients are bound to get an infection. Certain situations can increase vulnerability‚ like disturbance of the body’s defenses like contradictions to anesthesia‚ severe burns or an immune disorder. A key difference between the operating room and other clinical environments is that the operating area has high
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managements Staff Training & Development Every organization needs to have well-trained and experienced people to perform the activities that have to be done. If current or potential job occupants can meet this requirement‚ training is not important. With the present scenario it’s not the case. It is necessary to raise the skill levels and increase the versatility and adaptability of employees. By considering the issues raised by the Team the importance of employee training and development is
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A REPORT ON TRAINING AND DEVELOPMENT A SUMMER PROJECT REPORT ON TRAINING AND DEVELOPMENT AT FAG BEARING INDIA LIMITED‚ VADODARA SUBMITTED TO: PARUL INSTITUTE OF MANAGEMENT AFFILIATED TO: GUJARAT TECHNOLOGICAL UNIVERSITY A PROJECT REPORT SUBMITTED IN PARTIAL FULLFILLMENT OF THE REQUIREMENT OF THE AWARD FOR THE DEGREE OF MASTERS OF BUISNESS ADMINISTRATION UNDER THE GUIDENCE OF: FACULTY GUIDE: MISS. ALPA PARMAR COMPANY GUIDE: MR. J. P. NAIR SUBMITTED BY: DVISHA.S.SHAH ENROLLMENT
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