Comparative cost-volume profit analysis

Description

OPTION #2: COMPARATIVE COST-VOLUME-PROFIT ANALYSIS CALCULATION

Phil Lesley, Controller, would like to complete a comparative cost-volume-profit analysis for the current year over the prior year for the chewing gum manufacturing plant to determine if the breakeven point was achieved, and how it may have differed between the two years.

Specific costs for production of 400,000 units each year, include the following:

2017 – Current Year
Chewing Gum Manufacturing Division Costs Variable Costs Total Fixed Costs Total
Raw materials $ 250,000
Direct manufacturing labor $ 110,000
Indirect manufacturing labor $ 42,500
Factory Insurance & Utilities $ 35,000
Depreciation — Machinery and factory $ 48,500
Repairs and maintenance —factory $ 8,000
Selling, marketing, and distribution expenses $ 10,000 $ 30,000
General and administrative expenses $ 50,000
2016 – Prior Year
Chewing Gum Manufacturing Division Costs Variable Costs Total Fixed Costs Total
Raw materials $ 245,000
Direct manufacturing labor $ 105,000
Indirect manufacturing labor $ 50,250
Factory Insurance & Utilities $ 33,750
Depreciation — Machinery and factory $ 38,500
Repairs and maintenance —factory $ 14,000
Selling, marketing, and distribution expenses $ 10,000 $ 25,000
General and administrative expenses $ 60,000

There is no beginning or ending inventories. The total sales for 400,000 units produced are $1,050,000 for 2016 and $1,200,000 for 2017.

Using Microsoft Excel, answer the following questions for each year given the fact pattern above, showing all supporting calculations and labelling answers clearly. Please refer to CSU-Global Library (Links to an external site.)Links to an external site. for Lynda.com tutorials on using Microsoft Excel or use the Excel Tutorials link found in the classroom if you need assistance.

  1. What is the contribution margin per unit for each multipack of gum produced given the fact pattern above?
  2. What is the breakeven point in units and dollars given the fact pattern above?
  3. What is the division’s margin of safety and degree of operating leverage given the fact pattern above?
  4. Create a very simple Excel table summarizing answers of each computation for each year. *Below the table in Excel, please write at least 3 observations you have regarding the data comparisons/contrasts.

Responses should be in complete sentences utilizing proper grammar. Your paper must be formatted according to CSU-Global Guide to Writing and APA Requirements (Links to an external site.)Links to an external site..

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UCAM CIQ 204 WUC Reinventing & Restructuring Eastman Kodak Company PPT “

Description

This assignment is three tasks and 5000 words and presentation please check the file for the details and make sure to do all the tasks right please and no plagiarism because it will check through Turnitin

Scenario: Your first assignment is to help save a company that is on the ropes: it is losing money, it is losing market share, and it seems to have lost its identity. Unless you intervene, the company will have to fold. You will write a formal report and you may use graphics and charts in the report that will be sent ahead of the Board meeting to each member of the Board. The report should include full citations for all references (using the Harvard Referencing System format), to support your claims and approach. The body of the report should be clear, concise, and compelling.

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ELECTRONIC ASSIGNMENT COVERSHEET
Course/Unit Information
Course
CIQ Level 7 Postgraduate Extended Diploma in Business
Management
Unit No.
204
Unit Name
Strategic Management & Leadership
Unit Code
UCAM/CIQ/204
Schedule Code
SMLONL2010A
Instructor Information
Check your LMS Project Page and update here
Name
Assignment Information
Full/ Part Assignment
Full Assignment
Date Assignment Issued
18/10/2020
Date Assignment Due
14/11/2020
Student Information
(To be filled by the student prior submitting the assignment)
Name
Student ID
Email
Your assignment should meet the following requirements.
Please confirm this by ticking ? the boxes before submitting your assignment
?
?
?
?
The first page is completely labeled with my name, instructor name and assignment
information.
I have completed and ticked the declaration page.
The contents of my assignment have been submitted to Turnitin and I have
downloaded the report.
I have strictly followed Harvard Referencing Style and Citations.
STUDENT DECLARATION
I hereby confirm that this assignment is my own work and not copied or plagiarized. It has not
previously been submitted as part of any assessment for this qualification. All the sources, from
which information has been obtained for this assignment, have been referenced as per Harvard
Referencing format. I further confirm that I have read and understood the Westford University
College rules and regulations about plagiarism and copying and agree to be bound by them.
Turnitin Report to be downloaded and uploaded on LMS separately.
(https://youtu.be/f8lThGKSx20)
Declaration
?
Tick the box to agree
Date of Submission
Click or tap to enter a date.
LEARNING OUTCOMES AND ASSESSMENT FEEDBACK
Name of the Assessor
Module Code & Title
LO1
LO2
LO3
LO4
UCAM/CIQ/204
Strategic Management & Leadership
Module Learning Outcomes
Analyse the concepts and theories of strategic management and critically evaluate
the relationship between strategy, stakeholder expectations and organizational
performance.
Evaluate the impact of current and emerging Economic, Political and Cultural
factors on strategic management in an International context.
Formulate business strategies under challenging circumstances of Innovation and
Change and evaluate those that contribute to the success of a particular
organization
Develop plans for the implementation of business strategies and enhance
Stakeholder Expectations.
Assessment Types
Marks
Assignment Task 1: Strategic Report
60
Assignment Task 2: Organizational Redesign
20
Assignment Task 3: Presentation
20
Overall Score
100
Overall Grade
Summative
Feedback:
Overall Feedback on
current work with
emphasis on how the
student can further
improve in future.
Marks Achieved
Click or tap to enter a date.
The following grading criteria will be applicable for the course, CIQ Level 7 Postgraduate
Advanced Diploma:
Marks
70 to 100
Grade
A – Distinction
60 to 69
50 to 59
40 to 49
B – Merit
Pass
Fail with Resubmit
0 to 39
Fail with Retake
GENERAL GUIDELINES
(Please read the instructions carefully)
1. Complete the title page with all necessary student details and ensure that the declaration
form is ticked.
2. All assignments must be submitted as an electronic document in MS Word to the LMS
(Use 12 Times New Roman script).
3. All assignments must be submitted with an accompanying Turnitin report.
4. Assignment that is not submitted to the LMS by the prescribed deadline will be accepted
ONLY under the REDO and RESIT submission policy of Westford.
5. The results are declared only if the student has met the mandatory attendance requirement
of 75% and/or a minimum of 50% under extenuating circumstances approved and ratified
by the Academic Director. The student has to repeat the module (with additional fees
applicable) if the attendance is below 50%.
6. The assignment should not contain any contents including references cited from
websites like www.ukessays.com, www.studymode.com, www.slideshare.net ,
www.scribd.com.
7. Students can refer Wikipedia as a source of information, but the references cited in
Wikipedia has to be mentioned.
8. Submit the assignment in a MS Word document with the file name being:
First Name Last Name_ abbreviation of the subject.
Example: John Smith_SML.
Quick reference Checklist for the Faculty/Instructor to accept/reject the assignment
before evaluation:
?
?
?
?
?
Assignment title
Adherence to the deadline of submission date.
Original cover sheet and format retained.
Student information and signature intact.
Font style and size used as instructed.
Harvard Referencing Style is strictly followed.
Strategic Management & Leadership
Read the following Scenario, and prepare a Report with the guidelines provided.
Assignment Task 1
Strategic Report [60 Marks]
Scenario: Your first assignment is to help save a company that is on the ropes: it is losing money, it
is losing market share, and it seems to have lost its identity. Unless you intervene, the company will
have to fold.
You will write a formal report and you may use graphics and charts in the report that will be sent
ahead of the Board meeting to each member of the Board. The report should include full citations for
all references (using the Harvard Referencing System format), to support your claims and approach.
The body of the report should be clear, concise, and compelling.
Your report should include the following aspects:
1. Executive Summary and Introduction. [5 Marks]
2. Focus on the relationships between strategy, stakeholder expectations, and organizational
performance, choosing a theory of strategic management to explain those relationships
and expectations. Justify to the Board why you settled on this approach rather than some
other one. [10 Marks]
3. Identify and evaluate the impact of external factors on strategic management in
international context, particularly economic, political, and cultural factors. [10 Marks]
4. Based on the analysis of the environments (internal and external) use relevant tools and
formulate a new strategy to face the challenges and meet organizational objectives.
Critically evaluate the strategy and justify why this is the best way forward. [10 Marks]
5. Explain how your business strategy encourages and supports innovation and change, and
evaluate your strategy against competing strategies based on its contribution to the
success of your organization. [10 Marks]
6. Develop an implementation plan for the strategy you have developed and document how
your plan will fulfill major stakeholder expectations. [10 Marks]
7. Recommendations and Conclusion [5 Marks]
The report shall not exceed 4,000 words and should include relevant examples and illustrations.
Assignment Task 2
Organizational Redesign [20 Marks]
Scenario: For the above strategy how would you restructure the organization which enables it to
overcome the challenges and improve innovation, collaboration and coordination?
Develop and submit a strategic restructure plan. Include current organization chart and proposed
organizational charts and describe the changes in detail.
1. Analyse the current organizational structure and evaluate its effectiveness in meeting
organizational objectives. Describe the reasons why a restructure is required to enable the
new strategy implementation. Include current organization chart and proposed organizational
chart. Describe the proposed structural changes and its benefits in detail. [15 Marks]
2. Critically evaluate the restructure plan addressing possible issues and negative consequences
and ways to overcome them. [5 Marks]
The report shall not exceed 2,000 words and should include relevant examples and
illustrations.
Assignment Task 3
Written Summary & Presentation [20 Marks]
Scenario: Finally, you will make a power point presentation on the implementation plan strategy
developed by you as per Question at Serial No. 6 above, which will fulfill major stakeholders’
expectations.
Along with your PPT presentation, you can submit a written summary of the plan along with your
reflections on possible limitations and challenges with the proposed plan and ways to overcome
them. (300 words)
PRESENTATION GUIDELINES AND TIPS:
? Feel free to include short videos. For e.g. example 1 to 2 minutes long.
? Try to use bullet points and keep it short.
? Photos can also be used to tell a story or help explain a point.
GRADING AND RULES:
7-10 slides on PPT
10 minutes to present.
5 minutes for a Q and A session
You will be scored out of 20 with the marks distributed as follows:
PPT
(Quality of
design, layout,
images, overall
appeal)
5 Marks
Contents
Presentation Skills
(Confidence, communication
Skills, Posture, Voice
Modulation)
Interaction/Q&A
Total
5 Marks
5 Marks
5 Marks
20 Marks
An important Caveat: If your slides includes extensive content then you are likely to go over
your time. It is recommended to stay with bullet points and give an overview of them.
Sometimes it might not be required to detail everything line by line, but to give an overview
and speak around the data. This requires practice but the approach will help you in delivering
future presentations.
The Presentation (in PPT format for Task 3) should be submitted on LMS along with the
assignment.

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Provide an overview of two brands of ERP software to the executive

Description

Length 3 – 4 pages total
Now that you have formed a decision-making team, the executive has asked the team to create a decision tree for the implementation of ERP software. Research two brands of ERP software that Smitheford could use to improve its performance. In the decision tree, analyze the possible effects that the implementation of each brand of ERP software may have on Smitheford’s operations. In a single word document, address the following:
• Provide an overview of two brands of ERP software to the executive.
• Create a decision tree diagram that includes both brands of ERP software, analyzes key implementation questions, and describes the action outcomes for the executive.
• Using the decision tree diagram that you created, choose one brand of ERP software to recommend to the executive and describe why it should be implemented.

Unformatted Attachment Preview

Length 3 – 4 pages total
Now that you have formed a decision-making team, the executive has asked the team to create a
decision tree for the implementation of ERP software. Research two brands of ERP software that
Smitheford could use to improve its performance. In the decision tree, analyze the possible
effects that the implementation of each brand of ERP software may have on Smitheford’s
operations. In a single word document, address the following:
•
•
•
Provide an overview of two brands of ERP software to the executive.
Create a decision tree diagram that includes both brands of ERP software, analyzes key
implementation questions, and describes the action outcomes for the executive.
Using the decision tree diagram that you created, choose one brand of ERP software to
recommend to the executive and describe why it should be implemented.

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Case Study on Maruti Suzuki India: Defending Market Leadership in the A-Segment, business & finance homework help

Description

Refer to the given case study and select a data-driven business problem that can be addressed using action research to be the basis for your research report.

Using the problem you identified in your Module One journal and the feedback you received, describe the research problem including the context in which it exists. Using the problem statement, describe the stakeholders and research objective. Based on the research objective, develop a research question that clearly and concisely articulates in one sentence the purpose of the study. Consider the key real or potential ethical issues or challenges of the study.

After describing your business problem and research question, prepare a comprehensive literature review that carefully and thoughtfully examines the research problem from a scholarly perspective using a minimum of seven quality sources. A minimum of three of the sources must be selected from scholarly, peer-reviewed journals. Other quality sources can be professional publications or magazines, internal corporate publications such as annual reports or white papers, or established news sources.

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QSO 500 Milestone One Guidelines and Rubric
Overview: In this final project, you will create a research report based on the application of action research processes for developing problem solving strategies.
In designing the report, you will follow the best practices for ethical research. You will utilize the research process to inform decisions in your professional life
and as a framework for approaching research projects in other courses in your program. The final product will be a comprehensive research report using the
five-step research process (identify the problem; understand the theoretical framework of the problem; design the research study; collect, explain, and analyze
the data; report the results; and make conclusions and recommendations).
For Milestone One, submit a draft of your business problem and literature review. Using the problem you identified in your Module One journal and the
feedback you received, describe the research problem including the context in which it exists. Using the problem statement, describe the stakeholders and
research objective. Based on the research objective, develop a research question that clearly and concisely articulates in one sentence the purpose of the study.
Consider the key real or potential ethical issues or challenges of the study.
After describing your business problem and research question, prepare a comprehensive literature review that carefully and thoughtfully examines the research
problem from a scholarly perspective using a minimum of seven quality sources. A minimum of three of the sources must be selected from scholarly, peerreviewed journals. Other quality sources can be professional publications or magazines, internal corporate publications such as annual reports or white papers,
or established news sources.
Prompt: Refer to the given case study Maruti Suzuki India: Defending Market Leadership in the A-Segment and select a data-driven business problem that can be
addressed using action research to be the basis for your research report. Prepare a comprehensive literature review that carefully and thoughtfully examines the
research problem from a scholarly perspective using a minimum of seven quality sources. A minimum of three of the sources must be selected from scholarly,
peer-reviewed journals. Other quality sources can be from professional publications or magazines, internal corporate publications such as annual reports or
white papers, or established news sources.
Specifically the following critical elements must be addressed:
Business Problem: Refer to the given case study and select a data-driven business problem that can be addressed using action research to be the basis for
your research report.
A. Describe the research problem, including the context in which it exists. In other words, what caused or precipitated this problem? What has
already been done to address it?
B. Describe the key stakeholders (or potential stakeholders) of your business problem. In other words, who are the people who have the most to
gain or lose from a decision?
C. Explain the research objective. How would it benefit the stakeholder to know the results?
D. Develop a research question based on the research objective that clearly and concisely articulates in one sentence the purpose of the study.
E. Discuss the key real or potential ethical issues or challenges of the study. Consider the following: How will data be collected and protected? How
will human subjects be used, treated, and protected?
Literature Review:
A. Explain the theories that best ground your organizational problem. Support your explanation with specific examples. These theories might be
management, behavioral, social, and/or business related.
B. Discuss the bias and limitations present in the relevant literature and the potential impact these may have on your research.
C. Summarize at least one other research study that has faced this challenge that could potentially be replicated and applied to your research
study.
D. From the literature, analyze at least one other organization that has faced similar problems, explaining what they have done to address the
problem.
Rubric
Guidelines for Submission: Your milestone must be submitted as a 5- to 6-page Microsoft Word document with double spacing, 12-point Times New Roman
font, one-inch margins, and at least seven sources cited in APA format.
Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information,
review these instructions.
Critical Elements
Business Problem:
Research Problem
Proficient (100%)
Describes the research problem,
including the context in which it
exists
Business Problem:
Stakeholders
Describes all key stakeholders of
the business problem
Business Problem:
Research Objective
Explains the research objective,
including how this research
would benefit the stakeholder
Needs Improvement (75%)
Describes the research
problem, but description is
cursory or does not include the
context in which the problem
exists
Describes the stakeholders of
the business problem, but
description is cursory or
neglects to address all key
stakeholders
Explains the research objective,
but explanation is cursory or
does not show how this
research would benefit the
stakeholder
Not Evident (0%)
Does not describe the research
problem
Value
9
Does not describe the
stakeholders of the business
problem
9
Does not explain the research
objective
9
Business Problem:
Research Question
Develops a research question
based on the research objective
that clearly and concisely
articulates in one sentence the
purpose of the study
Business Problem:
Ethical Issues
Discusses all key real or
potential ethical issues or
challenges of the study
Literature Review:
Theories
Explains the theories that best
ground the organizational
problem with support from
specific examples
Literature Review:
Bias and Limitations
Discusses the bias and
limitations present in the
relevant literature, including the
potential impact on research
Literature Review:
Other Research Study
Summarizes another research
study that has faced this
challenge that could potentially
be replicated and applied to
your research study
Literature Review:
Other Organization
Analyzes another organization
that has faced similar problems,
including an explanation of
what was done to address the
problem
Develops a research question
based on the research
objective, but it does not
clearly or concisely articulate in
one sentence the purpose of
the study
Discusses real or potential
ethical issues or challenges of
the study, but discussion is
cursory, contains issues of
clarity, or neglects to address
key ethical issues
Explains the theories that best
ground the organizational
problem, but explanation is
cursory or not supported with
specific examples
Discusses the bias and
limitations present in the
relevant literature, but
discussion contains issues of
clarity or does not address the
potential impact on research
Summarizes another research
study that has faced this
challenge that could potentially
be replicated and applied to
your research study, but
summary is cursory or contains
inaccuracies
Analyzes another organization
that has faced similar
problems, but analysis is
cursory or does not explain
what was done to address the
problem
Does not develop a research
question based on the research
objective
9
Does not discuss real or potential
ethical issues or challenges of the
study
12
Does not explain the theories that
best ground the organizational
problem
12
Does not discuss the bias and
limitations present in the relevant
literature
12
Does not summarize another
research study that has faced this
challenge that could potentially
be replicated
12
Does not analyze another
organization that has faced
similar problems
12
Articulation of
Response
Submission has no major errors
related to citations, grammar,
spelling, syntax, or organization
Submission has major errors
related to citations, grammar,
spelling, syntax, or organization
that negatively impact
readability and articulation of
main ideas
Submission has critical errors
related to citations, grammar,
spelling, syntax, or organization
that prevent understanding of
ideas
Total
4
100%
While reading the case study on Maruti Suzuki India: Defending Market Leadership
in the A-Segment, it was really interesting to read what was and is going on in the
automotive industry. Something that stood out to me was how they researched on
what each segment would attract what type of consumer and how they know which
type of consumers would be interested in each segment. There were several
problems that were encountered while this research was conducted, but one of the
problems stood out to me. Of course we know that there is so many competition out
there when it comes to the automotive industry, by conducting a research on the
cities and areas and base if off the economy would be something that would be
helpful to them. So my research question to address this business problem would
be: What are the most important factors that consumers look for when deciding on
what vehicle will be more beneficial to their lifestyle?
MSIL should fortify their position in smaller markets. The reason being is because as
they mentioned in the article about the competition surrounding them in the big
cities. With becoming stronger in the smaller markets, MSIL will have a better
chance in offering the customers more economical options and still remain
competitive within their industry.
From a strategic point of view, the premium hatch will definitely add significantly to
the brand image and channel motivation as compared to an entry-level. The
premium hatch has its own set of customers, which are already car owners but are
looking to replace their entry or mid level hatch. By adding the premium hatch to
their brand image, it will encourage already car owners to want to upgrade and
chose a brand that is better for them as well as to build a social status.
There could be a merit when projecting a mid-level hatch product, because if offered
more interior space, which was 10% more than the entry-level, as well as better
utility features. The only thing is that the mid-level hatch was only in limited
geographies and it was not expected to have a high contribution margin.
I do think it the entry-level hatch segment would have to be merged with the midlevel hatch. The reason is because the entry-level segment has a lower profit margin
and it would benefit from the mid-hatch segment. The article mentions that the
consumers did not have a thorough understanding of the entry-level hatch
segment’s technological complexity and there were greater choices available to the
consumers in terms of models, features and brands.
Feedback from Instructor:
Good journal entry. You did a good job breaking down an area/problem to research.
Your stated research question is more of a problem statement/research objective.
You then would develop a number of research questions, that are specific, and
focused that address this research objective. Be sure there is data available in the
case study to support any questions you pose. Please review the posts in this weeks
Discussion board for ideas on how to craft a problem statement/objective and then
the supporting research questions. Good work.

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BUS 225 Southern New Hampshire University Visualization Data Analysis Discussion

Description

Key building blocks of good decision making include the ability to visualize, analyze, and verbally communicate ideas effectively. Large volumes of data can be particularly complex to understand and present. However, if data is visually presented through a combination of meaningful charts, text, and a verbal narrative, the intended audience can better engage in the discussion of the facts, patterns, and findings that must be acknowledged before moving to the decision-making stage.

In this discussion, you will take on the role of a new restaurant owner who is checking on sales since the opening of your establishment in January. You have just downloaded the following sales data from your financial software: Module Four Discussion Sales Data. It includes sales by food item for each month you have been in business. You would like to create visualizations that illustrate which items are selling well and how the business is doing month by month.

In your initial post, make sure to include the visualizations you created and address the following:

  • What have you been able to identify through the visual representation of the data?
  • What kind of graphic have you selected and why?
  • How would this visualization need to be changed based on your audience?

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Product
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Guava Bar
Boldo Tea
Boldo Tea
Boldo Tea
Boldo Tea
Boldo Tea
Boldo Tea
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Empanada
Jan
Feb
Mar
Apr
$702.00
$312.00
#######
$1,170.00
$1,123.20
#######
$280.80
$62.40
$1,560.00
$592.80
$936.00
$741.00
$3,900.00 $789.75
$877.50
$780.00
$60.00
$200.00
$180.00
$544.00
$600.00
$140.00
$165.60
$920.00
$248.40
$524.40
$551.25
$147.00
$18.40
$92.00
$1,104.00
$147.00
$515.20
$55.20
$368.00
$308.70
$26.46
$419.52 $110.40
$1,223.60
Empanada
Empanada
Empanada
Empanada
Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
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Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
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Queso Fresco
Queso Fresco
Queso Fresco
Queso Fresco
Carne Assada
Carne Assada
Carne Assada
Carne Assada
Carne Assada
Carne Assada
Carne Assada
Carne Assada
Carne Assada
Carne Assada
$294.00
$772.80 $736.00
$36.80
$294.00
$736.00
$340.00
$510.00
$680.00
#######
$323.00
$346.80
$612.00
$544.00
$340.00
$892.50
$2,261.00
$1,020.00
$510.00
$2,427.60
$1,776.50
$1,088.00
$1,550.40
$2,380.00
$693.60
$510.00
$956.25
$1,500.00
$3,125.00 #######
$1,250.00
$1,406.25
$562.50
$2,000.00 #######
$500.00
#######
$225.00
Chocolade
Chocolade
Chocolade
Chocolade
Chocolade
Sopapillas
Sopapillas
Sopapillas
Sopapillas
Sopapillas
Sopapillas
Sopapillas
Sopapillas
Sopapillas
$162.56
$137.70
$606.90
$68.85
$306.00
$3,557.25
$3,754.87
$948.60
#######
$8,263.36
$7,905.00
$6,324.00
$10,540.00
#######
$3,952.50

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University of Phoenix Wk 1 Pastas R US Business Operations Statistical Report

Description

Resources: Pastas R Us, Inc. Database & Microsoft Excel®, Wk 1: Descriptive Statistics Analysis Assignment

Purpose

This assignment is intended to help you learn how to apply statistical methods when analyzing operational data, evaluating the performance of current marketing strategies, and recommending actionable business decisions. This is an opportunity to build critical-thinking and problem-solving skills within the context of data analysis and interpretation. You’ll gain a first-hand understanding of how data analytics supports decision-making and adds value to an organization.

Scenario:

Pastas R Us, Inc. is a fast-casual restaurant chain specializing in noodle-based dishes, soups, and salads. Since its inception, the business development team has favored opening new restaurants in areas (within a 3-mile radius) that satisfy the following demographic conditions:

  • Median age between 25 – 45 years old
  • Household median income above national average
  • At least 15% college educated adult population

Last year, the marketing department rolled out a Loyalty Card strategy to increase sales. Under this program, customers present their Loyalty Card when paying for their orders and receive some free food after making 10 purchases.

The company has collected data from its 74 restaurants to track important variables such as average sales per customer, year-on-year sales growth, sales per sq. ft., Loyalty Card usage as a percentage of sales, and others. A key metric of financial performance in the restaurant industry is annual sales per sq. ft. For example, if a 1200 sq. ft. restaurant recorded $2 million in sales last year, then it sold $1,667 per sq. ft.

Executive management wants to know whether the current expansion criteria can be improved. They want to evaluate the effectiveness of the Loyalty Card marketing strategy and identify feasible, actionable opportunities for improvement. As a member of the analytics department, you’ve been assigned the responsibility of conducting a thorough statistical analysis of the company’s available database to answer executive management’s questions.

Report:

Write a 750-word statistical report that includes the following sections:

  • Section 1: Scope and descriptive statistics
  • Section 2: Analysis
  • Section 3: Recommendations and Implementation

Section 1 – Scope and descriptive statistics

  • State the report’s objective.
  • Discuss the nature of the current database. What variables were analyzed?
  • Summarize your descriptive statistics findings from Excel. Use a table and insert appropriate graphs.

Section 2 – Analysis

  • Using Excel, create scatter plots and display the regression equations for the following pairs of variables:
  • “BachDeg%” versus “Sales/SqFt”
  • “MedIncome” versus “Sales/SqFt”
  • “MedAge” versus “Sales/SqFt”
  • “LoyaltyCard(%)” versus “SalesGrowth(%)”
  • In your report, include the scatter plots. For each scatter plot, designate the type of relationship observed (increasing/positive, decreasing/negative, or no relationship) and determine what you can conclude from these relationships.

Section 3: Recommendations and implementation

  • Based on your findings above, assess which expansion criteria seem to be more effective.Could any expansion criterion be changed or eliminated? If so, which one and why?
  • Based on your findings above, does it appear as if the Loyalty Card is positively correlated with sales growth? Would you recommend changing this marketing strategy?
  • Based on your previous findings, recommend marketing positioning that targets a specific demographic. (Hint: Are younger people patronizing the restaurants more than older people?)
  • Indicate what information should be collected to track and evaluate the effectiveness of your recommendations. How can this data be collected? (Hint: Would you use survey/samples or census?)

Cite references to support your assignment.

Format your citations according to APA guidelines.

Submit your assignment.

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QSO 321 Southern New Hampshire University Module 8 Business Certificate in Ethics Worksheet

Description

Overview

An important part of any career is professional development. Professional development can consist of attending conferences, taking additional courses, reading professional texts, or earning industry credentials. Many workplaces not only encourage professional development, but also provide employees with funds to be used for this purpose. Use what you have learned about relevant credentials in your course resources to complete this assignment.

Prompt

Your manager has asked that you submit a request for professional development funds for an industry credential related to sustainability, business ethics, or operations management. Select one of the credentials covered in your course resources or a relevant credential you find online that meets your manager’s requirements. Explore the purpose, requirements, and career benefits of the credential, then complete the request using the Module Eight Assignment Template.

Specifically, you must address the following rubric criteria:

  • Purpose: Briefly describe the purpose of your selected credential from a business perspective. The following questions can be used to help guide your description:
    • What knowledge, skills, or expertise does it help recognize?
    • What fields or industries is it relevant to?
    • How widely known or recognized is it?
  • Requirements: Identify the requirements for earning the credential. The following questions can be used to help guide your response:
    • What is the financial cost for the credential?
    • What is an estimate of the time required to earn it?
    • What evidence needs to be provided to earn it, such as a portfolio, paperwork, exams, work experience, and so on?
    • Does the credential require renewal, and if so, how does one renew the credential?
  • Career Benefits: Describe the general career benefits for both professionals and organizations related to the credential. The following questions can be used to help guide your response:
    • How might the credential impact a job application, or the types of jobs you could reasonably apply to?
    • How might the credential impact your pay or expected salary for a new role?
    • What specialized knowledge or skills would you gain from earning the credential, and how might they benefit the organization?
    • Is the credential required or preferred for regulatory requirements your organization must adhere to?

Unformatted Attachment Preview

QSO 321 Module Eight Assignment Template
Complete this template by replacing the bracketed text with the relevant information.
Topic
Date of Request
Purpose of
Opportunity
Funds Requested
Nonfinancial
Requirements
Professional
Benefits
Organizational
Benefits
Approving
Manager
Response
[Insert text.]
[Insert text.]
[Insert text.]
[Insert text.]
[Insert text.]
[Insert text.]
Petey Penmen
Approval Signature: [Insert name]
Approval Date: [Insert date]

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Linear Regression and Simple Exponential Smoothing (SES) Forecasting, assignment help

Description

Module 2 – Case

Linear Regression and Simple Exponential Smoothing (SES) Forecasting

Assignment Overview

Scenario: You are a consultant who works for the
Diligent Consulting Group. Your client, the New Star Grocery Company,
believes that there may be a relationship between the number of
customers who visit the store during any given month (“customer
traffic”) and the total sales for that same month. In other words, the
greater the customer traffic, the greater the sales for that month. To
test this theory, the client has collected customer traffic data over
the past 12-month period, and monthly sales for that same 12-month
period (Year 1).

Case Assignment

Using the customer traffic data and matching sales for each month of
Year 1, create a Linear Regression (LR) equation in Excel, assuming all
assumptions for linear regression have been met. Use the Excel template
provided (see “Module 2 Case – LR –Year 1” spreadsheet tab), and be sure
to include your LR chart (with a trend line) where noted. Also, be sure
that you include the LR formula within your chart.

After you have developed the LR equation above, you will use the LR
equation to forecast sales for Year 2 (see the second Excel spreadsheet
tab labeled “Year 2 Forecast”). You will note that the customer has
collected customer traffic data for Year 2. Your role is to complete the
sales forecast using the LR equation from Step 1 above.

After you have forecast Year 2 sales, your Professor will provide you
with 12 months of actual sales data for Year 2. You will compare the
sales forecast with the actual sales for Year 2, noting the monthly and
average (total) variances from forecast to actual sales.

To complete the Module 2 Case, write a report for the client that
describes the process you used above, and that analyzes the results for
Year 2. (What is the difference between forecast vs. actual sales for
Year 2—by month and for the year as a whole?) Make a recommendation
concerning how the LR equation might be used by New Star Grocery Company
to forecast future sales.

Data: Download the Module 2 Case template here: Data chart for BUS520 Case 2. Use this template to complete your Excel analysis.

Assignment Expectations

Excel Analysis

Conduct accurate and complete Linear Regression analysis in Excel.
Use Excel support to find information on linear regression in Excel: https://support.office.com/en-us/Search/results?query=linear+regression

Written Report

  • Length requirements: 4–5 pages minimum (not including Cover and Reference pages). NOTE: You must submit 4–5 pages of written discussion and analysis. This means that you should avoid use of tables and charts as “space fillers.”
  • Provide a brief introduction to/background of the problem.
  • Your written (in Word) analysis should discuss the logic and rationale used to develop the LR equation and chart.
  • Provide complete, meaningful, and accurate recommendation(s)
    concerning how the New Star Grocery Company might use the LR equation to
    forecast future sales. (For example, how reliable is the LR equation in
    predicting future sales?) What other recommendations do you have for
    the client?
  • Write clearly, simply, and logically. Use double-spaced, black Verdana or Times Roman font in 12 pt. type size.
  • Have an introduction at the beginning to introduce the topics and use keywords as headings to organize the report.
  • Avoid redundancy and general statements such as “All organizations exist to make a profit.” Make every sentence count.
  • Paraphrase the facts using your own words and ideas, employing
    quotes sparingly. Quotes, if absolutely necessary, should rarely exceed
    five words.
  • Upload both your written report and Excel file to the case 2 Dropbox.

Here are some guidelines on how to build critical thinking skills.

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BUS 319 Principles of Federal Acquisition Week 5 Discussion 1

Description

“Managing Contract Risk and Total Ownership Costs” Please respond to the following:

  • Per the text, Adams states that contractual risk assessment expands upon traditional Critical Path Methods (CPM) by developing realistic estimates of anticipated risks in the completion of a contract. From the e-Activity, analyze the overall manner in which the company used the risk assessment method and / or risk assessment matrix to meet their contract objective(s). Provide a rationale for your response.
  • Imagine that you own a small catering company. Your company is applying for a contract to cater a state congressional luncheon. Determine the three (3) most significant cost factors that you should take into account as the contractor. Provide a rationale for your response. stion. Provide a rationale to support your response. 
  • Week 5 E-Activity: Using the Internet or the Strayer Libraary, research one (1) industrial or commercial services company that has used risk assessment methods and/or risk assessment matrixes in the process of obtaining a government contract. Be prepared to discuss.

Unformatted Attachment Preview

Principles of Federal
Acquisition and Contract
Management
BUS 319
Total Ownership Costs
Topics
• Cost as an independent variable
• The life-cycle cost
• The design-to-cost
Cost as an Independent
Variable
• Objectives balance agency needs and
program requirements with fiscal
resources
• Cost becomes more of a constraint than a
variable
Life-Cycle Costs
• Estimation and analysis of total cost over
total expected life
• Two methods:
– Cost Estimating Relationship (CER)
– Engineered Cost Estimate
Design-to-cost
• Establishes cost elements as
management goals to achieve balance
• Cost is a design constraint and a
management discipline
PROPERTIES
On passing, ‘Finish’ button:
On failing, ‘Finish’ button:
Allow user to leave quiz:
User may view slides after quiz:
User may attempt quiz:
Goes to Next Slide
Goes to Next Slide
At any time
At any time
Unlimited times
Summary
• Cost as an independent variable
• The life-cycle cost
• The design-to-cost
Principles of Federal
Acquisition and Contract
Management
BUS 319
Managing Contract Risk
Topics
•
•
•
•
Risk Management – General
Risk Management Process
Risk Rating
Risk Management Supporting PreAcquisition Source Selection Plan and the
Request for Proposal
Risk Management – General
• Types of contractor risks:
– Business risk
– Program risk
• Approaches to
risk management:
– Centralized
– Decentralized
• Numbering Systems
Numbering Systems
Risk Management Process
Planning
Risk
Assessment
Risk
Handling
Risk
Monitoring
Risk Rating
• Can be qualitative or quantitative
• Risk matrix
High Impact
Medium Impact
Low Impact
3
5
9
2
4
6
1
2
3
Low
Likelihood
Medium
Likelihood
High
Likelihood
Risk Rating, Continued
• Standard Risk Assessment Techniques:
–
–
–
–
–
–
–
–
–
Process Risk Assessment
Program Documentation Evaluation Risk Identification
Product (WBS) Risk Assessment
Threat/Requirements Risk Assessment
Cost Risk Assessment
Quantified Schedule Risk Assessment
Expert Interviews
Analog/Comparison/Learned Studies
Risk Prioritization/Aggregation Techniques
Risk Management Supporting Pre-Acquisition Source
Selection Plan and the Request for Proposal
Risk
Identification
Risk Tracking
Risk Mitigation
Plan
Implementation
Risk Analysis
Risk Mitigation
Planning
Summary
•
•
•
•
Risk Management – General
Risk Management Process
Risk Rating
Risk Management Supporting PreAcquisition Source Selection Plan and the
Request for Proposal

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Forecasting Case Study: New Business Planning “

Description

Access the “Entrepreneurship and the U.S. Economy” page of the Bureau of Labor Statistics website (https://www.bls.gov/bdm/entrepreneurship/entrepreneurship.htm) and complete this forecasting assignment according to the directions provided in the “Forecasting Case Study: New Business Planning” resource.

Using the five most recent years and the “Forecasting Template” spreadsheet provided, complete the forecasts for the next two periods and provide updated Totals and Average Bias, median absolute deviation (MAD), mean squared error (MSE), and mean absolute percentage error (MAPE) for all four charts. Provide a Summary Page in Excel with a 500-750 word report on the analysis completed by the forecasting models. Include review of error, recommendations on the best forecasting model to use, and analysis of the business trend data for new business startup in the United States.

Use an Excel spreadsheet file for the calculations and explanations. Cells should contain the formulas (if a formula was used to calculate the entry in that cell). You are highly encouraged to use the Excel resource, “Forecasting Template,” to complete this assignment.

Mac users can use StatPlus:mac LE, free of charge, from AnalystSoft.

Prepare the assignment according to the guidelines found in the APA Style Guide. An abstract is not required.

Unformatted Attachment Preview

Forecasting Case Study: New Business Planning
Important Note: Students must access the “Entrepreneurship and the U.S. Economy” page of the
Bureau of Labor Statistics website in order to complete this assignment.
Scenario
The generation of new business start-up is vital to the growth of the economy as it builds new
jobs and creates new opportunities for the community. The Bureau of Labor Statistics tracks new
business development and jobs created on the website for the United States Department of
Labor. You have been tasked with forecasting economic growth and decline patterns for new
businesses in the United States.
Forecasting
Access the “Entrepreneurship and the U.S. Economy” page of the Bureau of Labor Statistics
website. Under the “Business establishment age” heading, the first chart reviews new businesses
less than 1 year old during the March 1994 to March 2015 period. Click on the [Chart data] link
below the chart:
Once the chart data window opens, you will see the number of establishments that are less than 1
year old for each year during this period:
Using the five most recent years and the “Forecasting Template” spreadsheet provided, complete
the forecasts for the next two periods and provide updated Totals and Average Bias, median
absolute deviation (MAD), mean squared error (MSE), and mean absolute percentage error
(MAPE) for all four charts. Provide a Summary Page in Excel with a 500-750 word report on the
analysis completed by the forecasting models. Include review of error, recommendations on the
best forecasting model to use, and analysis of the business trend data for new business startup in
the United States.
2
Forecasting
Num pds
Data
Period
Period 1
Period 2
Period 3
Period 4
Period 5
Moving averages – 2 period moving average
3
Forecasts and Error Analysis
Forecast Error
Absolute
Demand
38
40
41
37
45
39
40.5
39
Total
Average
Bias
Period 6
Period 7
50
44
47.5
Average
Squared
Abs Pct Err
2
2
4
04.88%
-3.5
3.5
12.25
09.46%
6
6
36
13.33%
4.5
11.5
52.25
27.67%
1.5 3.8333333 17.416667
09.22% before forecast
MAD
MSE
MAPE
2.5
2.5
6.25
05.00%
after forecast period 6
Bias
MAD
MSE
MAPE
Forecasting
50
45
40
Value
35
30
25
20
15
10
5
0
1
2
3
4
Time
Demand
Forecast
5
Forecasting
Num pds
Data
Period
Period 1
Period 2
Period 3
Period 4
Period 5
Period 6
Period 7
Moving averages – 3 period moving average
3
Forecasts and Error Analysis
Forecast Error
Absolute
Demand
38
40
41
37
45
50
44
Squared
Abs Pct Err
39.666667 -2.666667 2.6666667 7.1111111
07.21%
39.333333 5.6666667 5.6666667 32.111111
12.59%
Total
3 8.3333333 39.222222
19.80%
Average
1.5 4.1666667 19.611111
09.90%
Bias
MAD
MSE
MAPE
44
6
6
36
12.00%
Average
after forecast period 6
Bias
MAD
MSE
MAPE
Forecasting
50
45
40
Value
35
30
25
20
15
10
5
0
1
2
3
4
Time
Demand
Forecast
5
Forecasting
Alpha
Data
Period
Period 1
Period 2
Period 3
Period 4
Period 5
Period 6
Period 7
Exponential smoothing
0.3
Demand
38
40
41
37
45
50
44
Forecasts and Error Analysis
Forecast Error
Absolute
38
0
0
38
2
2
38.6
2.4
2.4
39.32
-2.32
2.32
38.624
6.376
6.376
Total
8.456
13.096
Average
1.6912
2.6192
Bias
MAD
SE
40.5368
9.4632
9.4632
Average
Bias
MAD
Squared
Abs Pct Err
0
0.00%
4
5.00%
5.76
5.85%
5.3824
6.27%
40.653376
14.17%
55.795776
31.29%
11.159155
06.26% Before forecast
MSE
MAPE
4.3126085
89.552154
18.93%
after forecast period 6
MSE
MAPE
Forecasting
50
45
40
Value
35
30
25
20
15
10
5
0
1
2
38
Forecasting
3
Time
38
38
4
Forecasting
Alpha
Beta
Data
Trend adjusted exponential smoothing
0.3
0.7
Period
Demand
Period 1
Period 2
Period 3
Period 4
Period 5
38
40
41
37
45
Next period
41.168341
Next period
Forecasts and Error Analysis
Forecast
Smoothed
Including
Forecast, Smoothed Trend,
Error
Absolute Squared
Abs Pct Err
Ft
Trend, Tt FITt
38
38
0
0
0
00.00%
38
0
38
2
2
4
05.00%
38.6
0.42
39.02
1.98
1.98
3.9204
04.83%
39.614
0.8358
40.4498
-3.4498
3.4498 11.90112
09.32%
39.41486 0.111342 39.526202 5.473798 5.473798 29.962465
0.12164
41.168341 1.2608396 42.429181
Total
6.003998 12.9036 49.783985
31.32%
Average
1.2007996 2.58072 9.9567969
06.26%
Bias
MAD
MSE
MAPE
SE 4.0736546
42.050929 0.6178114 42.668741
Total
Average
Bias
MAD
SE
MSE
MAPE
0
50
45
40
35
Value
30
After forecast
25
20
15
10
5
0
1
Forecasting
1
2
3
4
Time
Demand
Smoothed Forecast, Ft
5

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