Current absorption rates and supply figures say
11.5 MONTHS (using 12 month moving average)
The last slow period was June or 03, when inventory supply in months was at a high of 8 months.
For the guys who like simple math and formulas:
Inventory in Units (INV), and Units sold per month (SOLDS)
INV / SOLDS = MONTHS OF SUPPLY
OR
57,500 / 5000 = 11.5 months
Please don’t make me do the formulas for moving averages. It’s too much like stuff I did in college at Ga Tech and I prefer to get into the details. Besides I’d need to use subscripts on variables and summation (sigmas) . YUCKY THINGS!!!!
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October 1, 2007 at 10:41 pm
scosan
More on GA Tech.
There were 15 men per woman when I started. The seniors at the time were in heaven. They remembered when it was 50 to 1. I understand Tech has shifted the ratio and recruited more women.
Tech flunked out 66% of the entering freshman in the first two years – not very nice. They now try to keep students and let them graduate – wished they’d tried harder to keep me.
The average graduate, who made it, took 14.7 quarters (5 years) and
could only squeak out a 2.47 grade point on a 4.0 scale.
Speaking of GRADUATION – Tech alumni referr to graduation as “getting out”. I constantly have tech guys ask me “when did you get out” like it was prison.
Math, our senior-year Financial Statement Analysis course professor got his PHD using Theorectical auto-correlation and Partial auto-correlation formulas on financial data. The Management department sent him to the Math department to develop the math to support the thesis. The Math department told him to come see them when he got through and they’d give him a doctorial for math too! I don’t know why he thought we needed to be taught his thesis material. I’m hazy on details but I remember talking about variance, correlation, and Kurtosis, and peakedness (3rd and 4th moments) of data.
My favorite was Non-homogenous differential equations. I’m still clueless on what they do. A good friend bailed me out on that subject. Polar coordinates and sperical coordinates were fun too, if you can call it fun.
My econ prof was the Chief Economist to Aurthur Burns, Chairman of the Federal Reserve before Voelker.