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Business Finance

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Complete each assessment using one of the two text softwares; either QM for Windows or Excel QM OR Microsoft Office Excel. And, also, write an explanation narrative (see details below).

Shows all work including model formulation and all applicable tables and graphs.

Submission is well formatted enabling ease of viewing.

Completes full problem. Submission is submitted as per the required day/date.

In a seperate document (such as WORD), provides narrative explaining model formulation and solution. The narrative is to include an explanation of the model's components and the rational behind those components. Additionally, it includes the solution and its impact. For the first assessment, for example, the narrative would explain why certain forecast models were selected and, as well, if used, the time periods, smoothing constant and/or weights. It would also provide the solution and what the solution means to the decision and its impact on the organization. Moreover, think of it this way, if you were the decision making manager dependent of the analysis from an analyst employee in making your decision, what would you want to know from that analyst employee?

Chapter 12 Mountain States Electrical Service Case page 593.doc 

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Chapter 12 Mountain States Electrical Service Case page 593. Complete each assessment using one of the two text softwares; either QM for Windows or Excel QM OR Microsoft Office Excel. And, also, write an explanation narrative (see details below). Shows all work including model formulation and all applicable tables and graphs. Submission is well formatted enabling ease of viewing. Completes full problem. Submission is submitted as per the required day/date. In a seperate document (such as WORD), provides narrative explaining model formulation and solution. The narrative is to include an explanation of the model's components and the rational behind those components. Additionally, it includes the solution and its impact. For the first assessment, for example, the narrative would explain why certain forecast models were selected and, as well, if used, the time periods, smoothing constant and/or weights. It would also provide the solution and what the solution means to the decision and its impact on the organization. Moreover, think of it this way, if you were the decision making manager dependent of the analysis from an analyst employee in making your decision, what would you want to know from that analyst employee? 1. Perform a complete decision tree analysis of this problem for Mountain States Electrical Service, and indicate the recommended solution. In QM for Windows you are to use the Decision Trees (Graphical), not the Decision Tables nor the Decision Trees. In Excel QM you are to use Decision Trees. 2. Using the “best” decision you arrived at in question #1, is this the decision you believe the firm should make? Explain and defend your reasons. (10 points).
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I was having a hard time with this subject, and this was a great help.

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