What is Business Analytics and define the role of Business.
Q: Amber's Fabrication has the following aggregate demand requirements and other data for the upcoming…
A: In chase plan production is always kept more than the demand (thats why it is called as chase as…
Q: Anna Smith sells beauty supplies. Her annual demand for a particular skin lotion is 1,000 units. The…
A: Given data: Annual demand (D) = 1000 units Ordering cost (S) = $ 20 Holding cost per unit per year =…
Q: Examine the advantages and disadvantages of using a Work Breakdown Structure as opposed to a Product…
A: Work Breakdown Structure is used in projects to break down the whole project into small parts. It…
Q: What strategy will you use as Project Manager to ensure that coordination is smooth and seamless?
A: Project coordination is based on the day-to-day work needed to maintain an initiative on the path.…
Q: 11. Hart Manufacturing makes three products. Each product requires manufacturing operations in three…
A: Suppose- P1= No. of units produced of Product 1 P2= No. of units produced of Product 2 P3= No. of…
Q: stomers through emails after receiving their orders with a required deposit. Your process flowchart…
A: Here conditions are explained in 2 cases
Q: NEO Chemical produces two products, namely A and B. Each product is produced by blending three types…
A: Given data is Revenue of product A = 60 euros Revenue of product B = 50 euros RM 1 required by…
Q: 1- Financial ratio analysis is conducted by three main groups of analysts: Credit analysts, Stock…
A: Since you have posted a question with multiple questions, we will solve the first question for you.…
Q: Better blow the whistle,” says your friend and project teammate at work. “The project is out of…
A: It will be sensible not to involve senior management if there is sufficient proof that the project…
Q: vrong components Construct the Pareto Chart based on the data given in Table 1.
A: Here, in the table data, we have types of defects and the total count for each type of defect, The…
Q: What is the importance of control management function
A: One of the most important functions of management is to control and direct all activities performed…
Q: How would you describe Heidi Ganahl’s leadership style? Why is it appropriate for her role at Camp…
A: The transformative leadership style is exemplified by Heidi Ganahl. Camp Bow Wow is a thriving…
Q: Determine the optimal solution to the problem using Hungarian Method and compute the total maximum…
A: Let T be Toyota Let M be Mitsubishi Let F be Ford Let H be Hyundai Let N be Nissan
Q: A food processor purchases corn for use in its products. The firm uses 700 pounds of corn per week…
A: Optimal order quantity is the quantity that company should purchase so that their total inventory…
Q: Discuss the cost and service trade-offs involved in developing a logistics system.
A: Effective and efficient logistics are important to any successful business, but the costs of…
Q: A. Define 'problem-solving' and say why MOST persons dread this activity.
A: Since you have asked multiple parts in a single question, we will solve the first part for you. As…
Q: Answer all the following questions based on Table 2 (a) Feasibility studies for a project is an…
A: A feasibility study is an analysis used in measuring the ability and likelihood to complete a…
Q: a) Explain how and why the “Identification of need and Specification of need” happen to be the two…
A: a) The first step in the procurement cycle is identifying the needs and why is it needed. This is…
Q: Outline the importance of the project organisation to have a post-project evaluation meeting in…
A: Post project evaluation meeting: A meeting held between the project organization and the customer to…
Q: Last year, the Montvilo family spent $1,745.10 for electricity. They are opting to use balanced…
A: Year bill = $1745.1 Under balanced billing, it will be spread over every month, so Monthly payment =…
Q: Rand Enterprises is considering a number of investment possibilities. Specifically, each investment…
A: Formulas Model:
Q: Jack has gathered the following information for Work Center 2, the work center that directly feeds…
A: Given data:
Q: MGR Corporation sells table napkins. These are sold by dozen per package for Php 20. They sell 2,000…
A:
Q: As a consultant, what will be your first step? Moving forward, what kind of strategic action plans…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: A normal population has σ = 4. A random sample has: n = 50 and X-bar = 22. Find the 90% PI for a…
A: Here, we have the following given data, these are stated below, σ=4, the random sample has the…
Q: TO DO: Prepare a check sheet to analyze the data below from customer complaints, then prepare a list…
A: The check sheet is a quality analysis tool where the data is analyzed using the defects/errors and…
Q: A food processor uses about 11,250 pounds of wheat each week. The food processor estimates their…
A: Given data Weekly demand = 11250 pounds of wheat Week in a year 52. Hence, annual demand or total…
Q: What are some of the potential benefits that may be obtained via the use of dynamic programming?
A: Dynamic programming is based on an optimization process that converts a difficult problem into a…
Q: 1. A city is reviewing the location of its fire stations. The city is made up of a number of…
A: Here the problem is to determine the minimum number of the fire stations and only the diagram is…
Q: please answer all parts of the question within 30 minutes with detailed explanation. Make sure the…
A: Breakeven point is that level of sales at which there is no profit no loss. In other words at…
Q: Explain the just-in-time inventory (JIT) system.
A: Inventory is the raw material and finished products that are stored and maintained in the warehouse…
Q: What is the meaning of the Business rule given below? Explain. "Find the opportunity first before…
A: Business rules are guidelines that businesses use to make decisions. They are important because they…
Q: A company has estimated its economic order quantity for Part A at 2,400 units for the coming year.…
A: Given data Economic Order Quantity (EOQ) 2400 units Ordering cost (S) = $200 Holding or carrying…
Q: spectively. Ass
A: Given Daily quantities= 70,140,280,35 Workday min=480 LT=0
Q: highlighting th ervices it prov
A: With unprecedented amounts of containerized commerce, the Port of Los Angeles has maintained its top…
Q: ms that should be offered to the young recruits who have joined as managementwith their specify job…
A: (a) How would you formulate your management research questions? Make an fool proof technique for…
Q: a. How many units must the process start with in order to meet the required output of 7500 units in…
A: Operation is the process of performing the practical things related to any department or file.…
Q: he average waiting time per container of parts, w, is day. (Enter your response rounded to two…
A: Average waiting time per contain is given in hours i.e, 14 hours.
Q: The local driver's license center processes applications for driver's license renewals through the…
A: 1st step - Receptionist = 3 minutes, 1 resource 2nd step = Cashiers = 2 minutes, 1 resources 3rd…
Q: WhAt is Integer Linear Optimization and how it is solved?
A: Linear optimization is one of the most popular techniques in linear programming. ILO was first…
Q: A company is preparing a bid on a government contract for 40 units of a certain product. The…
A: Here, I would determine the learning rate, Then, I would determine the cumulative time to produce…
Q: Ethics and morality are synonymous, and both refers to customary behavior. A) True B) False
A: Customary can be stated as the approach of doing something according to the approved or confirmed…
Q: How is the production of services different from the production of manufactured goods?
A: Service production is the process of delivering the services to the final consumers. Goods…
Q: Explain in detail four Types of Scales of Measurement with Examples.
A: We need to define the data variables and categorize them properly, there are four scales of…
Q: iscuss the concepts of resources, capabilities and core competencies
A: These all are important terms in business strategy and management and are often used…
Q: Given the following LP model and answer questions below: Max. 23X1+ 9X2 + 18X3+14X4 S.T: 5X1 +8X2 +…
A: Given- Max 23X1+9X2+18X3+14X4 Subject to- 5X1+8X2+11X3+6X4=30 17X1+9X2+25X3 ≥ 40 10X1 +12X4…
Q: What is the total cost of meeting customer requirements each day? Total cost
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Strategy,Organization Design & Effectiveness…..Who follows the other, Explain different views in…
A: Organization design describes the way that organizations are structured to carry out work, who…
Q: Explain the firm’s wage structure.
A: Wage is an amount of money an employer pays to an employee according to the period of time they…
Q: 2. A toy manufacturer uses 48,000 rubber wheels per year for its dump truck. The trucks are…
A: Note: - As we can answer only three subparts, we will answer a, b, and c here. If you need solutions…
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- a. Step 1: Estimate the target population size using secondary sources. Provide a rationalefor how you determined each population size. Cite your sources.b. Step 2: Use the sample size calculator to determine an appropriate sample size for each scenario. Usethe market research standard for your confidence level. Use better than the marketresearch standard for your confidence interval. Adjust if your sample size is notrealistically attainable.c. Report your sample size statement. Your statement should read: "For this study, thetarget population size is estimated to be _____. The sample will be _____.At the ______ confidence level, this study will have a margin of error of +/- ____%."Scenario 1A study calls for your research firm to survey a sample of Disneyland employees.1) Define CRM and SCM systems by describing their characteristics and components, explain each of the two main types of data analytics that exist – descriptive and predictive – including how each works. Critically evaluate how, and for which purposes, data analytics can be applied in conjunction with CRM and SCM systems. Refer to concepts learned in class and use examples to illustrate your arguments.1. Outline the technologies that can be used to support data collection and analysis? 2. Briefly discussthe presentation techniques and reporting methods to present the research findings. 3. Explain the legal requirements, policies, procedures and guidelines to store, secure and maintain privacy (confidentiality) of collected data?
- 1. What do you understand by the term Data. 2. Mention any three management areas where business data is required. 3. What is a raw data set? 4. What is primary data and how is it obtained? 5. What are the essential differences between primary and secondary data? 6. Give two examples of secondary data. 7. Why is it important that researchers should made known the categories of data been used.Measures of success are out Select one: a. criteria or standards used in evaluating proposed solutions to a problem. tion b. identification of acceptable alternatives for collecting data to solve a problem. c. the goals the decision maker seeks to achieve in solving a problem. d. objective data used to identify the most profitable solution to a marketing problem. e. subjective data used to identify the most profitable solution to a marketing problem.Regarding an ARM, which of the following statements is accurate in describing the index type? A) The applicant decides which Index type the ARM will use when they apply for a loan, and the index type generally will not change after loan closing. B) The lender decides which index type the ARM will use when an applicant applies for a loan, and the index type generally will change after loan closing. C) The lender decides which index type the ARM will use when an applicant applies for a loan, and the index type generally will not change after loan closing. D) The title company decides which index type the ARM will use when an applicant closes the loan, and the index type generally will change after loan closing
- Assume that Young Corporation is introducing a new heartburn relief medication as an over the counter treatment. Young's marketing team used data to determine how to meet the minimum sales goals. The team determined that switching to an online marketing plan would be the best to maximize sales. This is an example of using Question 8 options: a) descriptive analytics b) diagnostic analytics c) predictive analytics d) prescriptive analyticsHello, Please prepare a marketing research report in MS word and upload the file here. You should follow the steps blow. 1 Define the research problem 2 Conduct a literature review 3 Develop the research questions 4 Design the research methodology 5 Collect the data 6 Analyze the data 7 Draw conclusions and make recommendations 8 Present the findings 9 Evaluate the research process Please use the same sample project and draft a research report which should include table of contents, literature review and all the important ingredients of the report. The contents of the report can be brief but it should cover all the important heading.Outline the most important uses of computer technology in marketing research. Important uses of computer technology in marketing research include (1) a marketing information system (MIS)—a planned, computer based system designed to provide managers with a continuous fl ow of information relevant to their specifi c decision-making needs and areas of responsibility; (2) a marketing decision support system (MDSS)—a marketing information system component that links a decision maker with relevant databases and analysis tools; (3) data mining—the process of searching through consumer information fi les or data warehouses to detect patterns that guide marketing decision making; (4) business intelligence—the process of gathering information and analyzing it to improve business strategy, tactics, and daily operations; and (5) competitive intelligence—the form of business intelligence that focuses on fi nding information about competitors using published sources,…
- LEAD.301.C1 Personal Leadership Week 6 Your Sweet Spot Brand Discussion Forum PLS DO NOT GENERALIZE THE ANSWER. This week, we consider several topics to expand your awareness of what you bring to the workplace. The first is your intrinsic and extrinsic motivations. Then we'll briefly revisit articulating your strengths. It's the intersection of your motivations and strengths. With these two, we'll take a crack at defining your sweet spot. This link is in the syllabus and will give you more information on how Bill George, former Medtronic CEO and now Harvard professor, defines sweet spot: https://discoveryourtruenorth.org/finding-your-sweet-spot-as-a-leader/ Then we'll take a look at defining your personal brand. In many of the companies with which I work, the term "personal brand" or "leadership brand" is frequently used. This is another way of considering your strengths. Read the Ulrich and Smallwood article and follow the steps for creating your leadership brand. You might want…1. Create example of data analysis method and the use primary data in research. 2. Create example of frequency analysis and descriptive analysis in research. 3. Create example of multiple regression analysis and correlation analysis in research.3. Discusses how these groups will be targeted (once identified), by explaining three (3) digital marketing options such as email, voice, text, app alert, app redemption token, etc. The report should be in MS Word format (or equivalent). For the purpose of this assessment, the following assumptions apply: ●95% of sales are electronic (credit card/phone), 5% are cash; ●55% of customers use a loyalty card at time of transaction; ●customers who have a loyalty card have provided credit card/phone/email details; and ●Imagine P/L has a smartphone app, which supports tokens (price discounts, etc) and alerts. 25% of customers have downloaded and use the app. Report Structure Your report should include the following sections: ●Introduction: Briefly explaining the purpose of the report ●Technology Options: Where you describe each type of technology ●Sales Solution: Where you explain how the options will increase sales ●Marketing Channels: Where you discuss how to reach customers…