Explain the following CATEGORIES OF SPREADSHEET ANALYSIS 1-Base-case analysis 2-What-if analysis 3-Breakeven analysis 4-Optimization analysis 5 Dicl, anglycic
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- Ahmed's interest was cricket. When he finished university, he wanted to work in a management job. He wanted to do his research project on some aspect of general management and social sciences, preferably for a sports goods manufacturer but had no research idea. He asked five friends, all taking business education degrees, to help him brainstorm the problem. You are requested to use the following problem-solving techniques to generate and refine the research idea in this business scenario. 1. The technique of Brainstorming 2. Delphi Technique A simple explanation would be honourable.Good problem statement includes both a statement of: Select one: a. research objectives and research hypothesis b. research hypothesis and research questions c. research topic and research objectives d. research objectives and research questions When we are reasoning from the specific to the general, we are using ____________contrast, when we are reasoning from the general to the specific, we are using __________ reasoning. In reasoning. Select one: a. Theoretical; predictive b. Deductive; inductive c. Inductive; deductive d. Predictive; theoretical1. Discuss the process you would employ to develop a suitable balanced scorecard for a tourist site organization and give examples of measures that would be incorporated within it. 2. Discuss how break even analysis can aid management in decision-making. 3. Discuss the practical difficulties associated with the use of breakeven analysis by managers in decision-making.
- SOLVE IN EXCEL AND PROVIDE SENSITIVITY REPORT PLEASE SHOW ALL FORMULA IN EXCEL A company blends nitrogen and phosphorous to produce two types of fertilizers. Fertilizer 1 must be at least 50% nitrogen and sells for $55 per pound. Fertilizer 2 must be at least 55% phosphorous and sells for $45 per pound. The company can purchase up to 9000 pounds of nitrogen at $20 per pound and up to 12,000 pounds of phosphorous at $12 per pound. Assuming that all fertilizer produced can be sold, determine the optimal blending plan for the company. What is the maximum profit? Suppose the company could acquire 1,000 pounds more of either nitrogen or phosphorous. Which should it choose? What would be the resulting impact on profit?PAF KIET’s management is eagerly looking for a BI solution as they want to gain insights into students’ data to improve their academics. They have bulk of data on paper, Excel and in MIS but it is really difficult for them to analyze the data. The University has various faculties. Each faculty has several courses and each course has several students. Each faculty is running various programs and has permanent and visiting faulty members. For a broader perspective, University management wants a solution that can provide following insights. Students admissions Students Pass versus Fail ratio Top students Male versus Female ratio Permanent versus Visiting faculty ratio For each course, teacher versus students Number of research paper produced in a year Number of projects done in a semester per faculty Draw a Dashboard using DAR approach clearly showing metrics and dimensions as described in the case studyWhat is the advantages of using predictive analyctics? Explain in 250 words. Say that it improves decision making, making competitive advantage, improves risk management, and others.
- 1. Compare the management model Kotter, Satir, Bridges and Lewin models. What are the drawbacks of each? What is the common thread that always appears in each of these models? Explain And give the reference (please solve my problem and no reject, thank u)3.State the research problems for each of the following management decision problems:i. Should a new product be introduced? (Maximum 15-20words) ii. Should an advertising campaign that has run for 3 years be changed? (Maximum 15-20 words)iii. Should we change the design and add mores features in Samsung S21. (Maximum 15-20 words)Describe how decision analysis is similar to and different from simulation analysis and scenario analysis (at least 75 words)
- Determine the type of business analytics for the following scenarios. A. Imagine you are a meteorologist. You have to foretell the weather for the next two weeks by analysing the data from the satellites. Here, you have to apply advanced statistical, information software, or operations research methods to identify predictive variables and build predictive models. Discuss in detail which type of business analytics will be suitable for this scenario.McKinsey 7S Model is a strategic assessment and alignment model. The 7S modelportrays seven elements of an organization as shown below:(a) Define each of these elements within the context of an organization (b) These elements are divided into two categories. Name the two categoriesMargaret Quinn, the president of Eastern Electric Corporation, one of the large electric utilities operating in the eastern United States, had long been convinced that effective planning in the company was absolutely essential to success. For more than 10 years she had tried to get a company planning program installed without seeing much result. Over this time, she had consecutively appointed three vice presidents in charge of planning and, although each had seemed to work hard at the job, she noticed that individual department heads kept going their own ways. They made decisions on problems as they came up, and they prided themselves on doing an effective job of "fighting fires." But the company seemed to be drifting, and individual decisions of department heads did not always tally with each other. The executive in charge of regulatory matters was always pressing state commissions to allow higher electric rates without having very much luck, since the commissions felt that costs,…