3.3 Flashcards
1
Q
Time series analysis
A
A method that allows a business to predict future levels from past figures.
4 main time series components:
- Trend
- Seasonal Fluctuations
- Cyclical Fluctuations
- Random Fluctuations
2
Q
How to identify trends - moving average
A
3
Q
centring
A
A method used in the calculation of a moving average where the average is plotted or calculated in relation to the central figure.
4
Q
limitations of quantitive sales
A
5
Q
calculating trend
A
6
Q
seasonal variation
A
7
Q
investment appraisal
A
8
Q
simple payback
A
9
Q
average rate of return
A
10
Q
net present value
A
11
Q
investment decisions
A
12
Q
risk and uncertainty
A
13
Q
limitations of methods of investment
A
14
Q
decision trees
A
15
Q
decision tree example
A
16
Q
critical path analysis
A
17
Q
network analysis diagram
A
18
Q
steps in constructing a network diagram
A
19
Q
CPA diagram
A
20
Q
CPA adv and dis
A
