Time Series Management

Paper Summary:

This paper presents a hypothetical business venture and addresses several business management schemes which could help make it succeed. The writer first states the problem, presents research methodology, analyzes the methodology and finally presents results and recommendations.

From the paper:

"Many businesses use time series methods as a way of helping to balance budgetary and inventory needs. This paper examines how a hypothetical business specializing in matrouchkas (which are Russian stack dolls, which range in retail price from about 15 dollars for simply painted double or triple dolls for thousands of dollars for the most elaborately painted dolls that cost upwards of $10,000) business can use time series to help balance the business' budget and inventory and the added complexities of working in the import field (which is always complicated, but especially so in this field in which the changing politically situation has forced constant adjustments by American companies working with Russia firms)."

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