Elements Of Forecasting A Case Study German Car Production
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Elements Of Forecasting A Case Study German Car Production
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Author : Maria Kimme
language : en
Publisher: GRIN Verlag
Release Date : 2005-02-14
Elements Of Forecasting A Case Study German Car Production written by Maria Kimme and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-02-14 with Mathematics categories.
Seminar paper from the year 2002 in the subject Mathematics - Stochastics, grade: 1,3, Maastricht University, course: Data Analysis for Managers, language: English, abstract: Forecasting is one of the mayor issue in today’s business world. Whether it concerns the economic situation, stock prices, or production levels, a glance into the future would be very valuable. By excluding uncertanties, expenses can be saved and revenues be generated. Unnecessary or too little inventories, capacity standing idle or being short, missing raw materials or too many employees are just some of the situations, which lead to lower profits. Hence, perfect forecasts would be worth a lot of money. But, as the expression states, a “perfect forecast” is a paradox, since the future will stay uncertain till the moment, where it becomes the present. As the American philosopher Eric Hoffer once stated: “The only way to predict the future is to have the power to shape the future”, which would take place in the present. The one chance we have in making inferences about the future, is to incorporate logic, intuition, and experience into models, which will then - if we are lucky, that isproduce more or less accurate forecasts. Forecasting, if pursued by professionals, relies mainly on past data, since those are the most reliable source of unbiased information. Applying econometric models will then lead to results, which can be tested for their stability and for reliability, especially when compared to actual data. This procedure will be presented during the following paragraphs with the help of an example, namely the number of cars produced in Germany every month. I chose this data set out of two reasons. Firstly, these industry is one of the most important industries within the German economy, and secondy, my professional engagement with a car-producing company provides my with some insight into the industy.
Description Of The German Automotive Industry Critical Analysis Of The Types Of Businesses Existing In The Industry And The Government Policies Impacting On The Industry
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Author : Stephan Osswald
language : en
Publisher: GRIN Verlag
Release Date : 2007-12-11
Description Of The German Automotive Industry Critical Analysis Of The Types Of Businesses Existing In The Industry And The Government Policies Impacting On The Industry written by Stephan Osswald and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-11 with Business & Economics categories.
Seminar paper from the year 2006 in the subject Economics - Industrial Economics, grade: 1,3, University of Queensland, course: CONTEMPORARY BUSINESS IN EUROPE, language: English, abstract: Nowadays, “Germany is the third largest manufacturing country for passenger cars and commercial vehicles, one in ten of all vehicles produced worldwide comes off a production line in Germany” . For several decades the automobile industry has been a key sector in the German economy and the most active and largest Industry in the European Union . Germany is host to major car manufacturers, including prestigious brands such as: Audi, BMW, Mercedes, Porsche and Volkswagen. These brands are world famous for their innovation and quality. They are both accepted and popular all over the world. This essay will describe the automotive industry in Germany and impact of regulations and policies placed on it from both the European Union and the German government. In particular the major markets, growth rates, annual expenditures/profits of this industry will be considered. Moreover, future impacts will be analysed whilst recommendations and justifications how to enter the industry will be given.
Comparison Study In A Car Industry Between China And Germany
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Author :
language : en
Publisher: GRIN Verlag
Release Date : 2007-02-07
Comparison Study In A Car Industry Between China And Germany written by and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-02-07 with Business & Economics categories.
Seminar paper from the year 2006 in the subject Business economics - Investment and Finance, grade: 2,0, Ocean University of China, language: English, abstract: In Germany as well as in China, the automobile industry is one of the dominating sectors. Many economic activities like tire industry, plastics industry, metal processing rely on automobile. With changing technologies, production concepts, strategies and products, the car industry is often an initiator of innovations in other industries. Its success has been due to the technological competencies of manufacturers, suppliers and their respective employees. In this essay, I am going to describe the differences or similarities in a car industry between China and Germany, focusing on history, current facts, figures and other economic issues.
Forecasting German Car Sales Using Google Data And Multivariate Models
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Author : Dean Fantazzini
language : en
Publisher:
Release Date : 2015
Forecasting German Car Sales Using Google Data And Multivariate Models written by Dean Fantazzini and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Long-term forecasts are of key importance for the car industry due to the lengthy period of time required for the development and production processes. With this in mind, this paper proposes new multivariate models to forecast monthly car sales data using economic variables and Google online search data. An out-of-sample forecasting comparison with forecast horizons up to 2 years ahead was implemented using the monthly sales of ten car brands in Germany for the period from 2001M1 to 2014M6. Models including Google search data statistically outperformed the competing models for most of the car brands and forecast horizons. These results also hold after several robustness checks which consider nonlinear models, different out-of-sample forecasts, directional accuracy, the variability of Google data and additional car brands.
Doing Research In The Real World
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Author : David E Gray
language : en
Publisher: SAGE
Release Date : 2013-11-12
Doing Research In The Real World written by David E Gray and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-12 with Social Science categories.
Available with free access to the interactive eBook* for 12 months when you buy the paperback version (ISBN 9781446295311 only), this is the companion for any student undertaking a research project. Click on the icons in the margins of the eBook to access a wealth of resources including: Video Content Chapter introductions and top tips from the author along with tried and tested open access videos on YouTube introduce you to key chapter contents Datasets Play around with real data in SPSS and put your statistics knowledge into practice Weblinks Direct you to real world examples to broaden your knowledge Checklists Guide you through a specific research process such as running a focus group or conducting an interview Further Reading Link you to a range of resources to deepen your understanding of a topic However you access the content the Third Edition guides you smoothly through the research process from start to finish setting out the skills needed to design and conduct effective research and introduces the reader to the reality of conducting research in the real world. It gives practical advice on how best to select appropriate projects, design strategies, sources and methods and provides the tools needed to collect, analyze and present data. Applicable to any discipline and firmly rooted in the practicalities of research there are new and exciting chapters on: - Using SPSS for quantitative data analysis - Sampling strategies in quantitative and qualitative research - Approaches to secondary analysis - Using focus groups - Ethnography and participant observation (*interactivity only available through Vitalsource eBook) Available with Perusall—an eBook that makes it easier to prepare for class Perusall is an award-winning eBook platform featuring social annotation tools that allow students and instructors to collaboratively mark up and discuss their SAGE textbook. Backed by research and supported by technological innovations developed at Harvard University, this process of learning through collaborative annotation keeps your students engaged and makes teaching easier and more effective. Learn more.
Cambridge International As A Level Business Second Edition
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Author : Malcolm Surridge
language : en
Publisher: Hachette UK
Release Date : 2021-05-28
Cambridge International As A Level Business Second Edition written by Malcolm Surridge and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-28 with Business & Economics categories.
This title is endorsed by Cambridge International for examination from 2023. Build strong subject knowledge and skills and an international outlook with author guidance and in-depth coverage of the revised Cambridge International AS & A Level Business syllabus (9609) for examination from 2023. - Understand how the key concepts relate to real business contexts with numerous case studies from multinationals and businesses around the world. - Develop quantitative skills with opportunities to interpret business data throughout. - Master the vocabulary needed to critically assess organisations and their markets with key terms defined throughout. - Build confidence with opportunities to check understanding and tackle exam-style questions at the end of every chapter.
Market Entry In China
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Author : Christiane Prange
language : en
Publisher: Springer
Release Date : 2016-05-14
Market Entry In China written by Christiane Prange and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-14 with Business & Economics categories.
This book compiles brand new case studies on the intricacies and market entry strategies of different companies in China. The sheer speed and scope of China’s growth makes it unique and investment opportunities are very attractive. Despite the potential, many western companies fail in their market entry strategies. This book traces the major sources of failure and uses cases to illustrate how firms can better cope with the challenging Chinese market. With a special focus on marketing, positioning, and branding, this book presents issues and solutions of both large multinationals and small niche market players.
The Rationalization Movement In German Industry
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Author : Robert A. Brady
language : en
Publisher: Univ of California Press
Release Date : 2023-11-10
The Rationalization Movement In German Industry written by Robert A. Brady and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-10 with Social Science categories.
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1933.
Case Studies In Social Entrepreneurship
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Author : Michael Pirson
language : en
Publisher: Routledge
Release Date : 2017-09-08
Case Studies In Social Entrepreneurship written by Michael Pirson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-08 with Business & Economics categories.
This book is an essential resource for the increasing number of facilitators who wish to help students learn about the promise and pitfalls of social enterprise. The oikos-Ashoka case competition for social entrepreneurship was conceived in 2007 as a way to help find great material and case studies in this emerging field. This fourth collection of oikos case studies is based on the winning cases from the 2010 to 2014 annual case competitions. These cases have been highly praised because they provide excellent learning opportunities, tell engaging stories, deal with recent situations, include quotations from key actors, are thought-provoking and controversial, require decision-making and provide clear take-aways. This new volume of social entrepreneurship case studies highlights cases from around the globe authored by teachers from around the globe. The selected cases span many industries and geographic contexts; nevertheless, they are connected by a shared ambition: to highlight the power of entrepreneurship to solve social problems. The cases are clustered in three different sections: Socially oriented Enterprise Cases – Health and Fair trade, Ecologically oriented social enterprises, and Corporate Social Entrepreneurship. Case Studies in Social Entrepreneurship will be an essential purchase for educators and is likely to be a widely used as a course textbook at all levels of management education. Online Teaching Notes to accompany each chapter are available on request with the purchase of the book.
Future Trends In Production Engineering
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Author : Günther Schuh
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-08-15
Future Trends In Production Engineering written by Günther Schuh and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-08-15 with Technology & Engineering categories.
To meet and adapt to the current and future trends and issues in technology and society, the science committee of The German Academic Society for Production Engineering (WGP) continues to define future topics for production technology. These themes represent not only the key focus for the scientific work of the WGP, but also the central themes of the first annual conference in June 2011, whose paper is publically available in this volume. Such themes, including electric mobility, medical technology, lightweight construction, and resource efficiency, as well as mass production ability have all been identified as future, large-scale, and long-term drivers of change. Future trends influence changes sustainably and fundamentally; they permeate society, technology, economics, and value systems and have an effect in virtually all areas of life. The WGP has, as part of its research, established for itself the goal of not only observing these emerging changes, but also of supervising and influencing their development in order to ensure steady progress, secure sustainability, and shape the future.