Explore BrainMass
Share

Price Club

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Question: Find the forecast of the quaterly earnings per share for Price Club for each quarter by using the naà¯ve approach. See above mentioned forecast values. SECOND PART OF THE QUESTION: The forecast for first-quarter 1994 is the value for fourth quarter 1993,.57.
HOW DO I FIND THE ACTUAL FORECAST? I can use cumulative mean, moving average, linear regression but I need assistance in doing this.

I need assistance in writing a memo SUMMARIZING the findings mentioned above (forecast, mad, sme, mape, mpe).

© BrainMass Inc. brainmass.com October 16, 2018, 4:10 pm ad1c9bdddf
https://brainmass.com/statistics/regression-analysis/16340

Attachments

Solution Summary

Question: Find the forecast of the quarterly earnings per share for Price Club for each quarter by using the naà¯ve approach. See above mentioned forecast values. SECOND PART OF THE QUESTION: The forecast for first-quarter 1994 is the value for fourth quarter 1993,.57.
HOW DO I FIND THE ACTUAL FORECAST? I can use cumulative mean, moving average, linear regression but I need assistance in doing this.

I need assistance in writing a memo SUMMARIZING the findings mentioned above (forecast, mad, sme, mape, mpe).

$2.19
Similar Posting

Scenario Three: Cost Club

I need help preparing an outline for the below information.

You are a assistant manager of Human Resources for this regional office of Cost Club.

Briefing the Senior Regional Staff

Your boss, Pat, sends you this e-mail that defines your new assignment:

Briefing the Senior Regional Staff

As you know, we will have the semi-annual senior staff conference shortly, and the HR department is tasked with conducting a number of seminars at this high-level, high-visibility conference. I'd like you to lead the preparation for our session on Statutory Regulation of Employment.

There are five key regulatory areas that I want you to focus on:
1. Employee Privacy
2. Employee Unions
3. Occupational Safety and Health Administration (OSHA)
4. Employee Retirement Income Security Act (ERISA)
5. Fair Labor Standards Act (FLSA)

With the exception of issues involving unions, these regulated activities deal with employer obligations that are a matter of law; for example, whether we like it or not, we have to live with FLSA. Most of these laws do not dictate how we deal with employees, with the exception of unions. The laws, however, do create a duty directly between us and the government.

Prepare an outline to hand out at the session that relates to these five areas. explains briefly what we are obligated to do, with maybe some examples in key areas. As an illustration, the part on FLSA might look like the following:

Fair Labor Standards Act

Overtime (OT) must be paid after 40 hours of work in the workweek.

o The OT rate is 1.5 times the employeeâ??s normal time rate.
o Employee cannot waive the right to overtime rightâ?"it is a legal obligation.

Some union contracts also require OT after 8 hours in a day.
An employer can agree to add more, but not less than the law.

o Benefits remain without a 1.5 times increaseâ?"only the wage itself.

Pat continues by validating that this is a comprehensive task, but an important one. He continues:

The goal is for you to prepare an outline that doesn't exceed a four-page handout and provides practical, useful, and correct information to our senior managers on the five topics identified. Be sure to cover the range of employment law, even where it might not directly apply to Cost Club; for example, be sure to address where government employees are subject to a different rule. Our senior leadership may hear about some government agency's obligations being different, and we want our folks to know the facts - not just those immediately relevant.

Also, focus on the finer points that can cause us problems, like the need to distinguish between acceptable and unacceptable employment practices related to drug and genetic testing and other privacy concerns. You can sprinkle in some examples on the most significant items, if that may help the audience understand.

Finally, one of the most important areas of emphasis in our meeting is the need to weave together not just the legal principles of employment, but also the ethical issues that commonly arise in employment law matters. We want to close our presentation in a way that emphasizes both legal compliance and ethical behavior in employment.

As you read the memo from Pat, you begin thinking about how you will first understand, and then condense such important and complex information into a practical outline form.

View Full Posting Details