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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- 2- The ______________through objective and systematic method of finding solution to a problem is research. The systematic approach concerning generalization and the formulation of a theory is also research. As such the term ‘research’ refers to the systematic method consisting of enunciating the problem, formulating a hypothesis, collecting the facts or data, analysing the facts and reaching certain conclusions either in the form of solutions(s) towards the concerned problem or in certain generalizations for some theoretical formulation. a. Search for design b. Search for process c. Search for knowledge d. All of the above1) 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?
- The following questions concern audit reports other thanunqualified audit reports with standard wording. Choose the best response.a. The annual audit of Midwestern Manufacturing revealed that sales were accidentallybeing recorded as revenue when the goods were ordered, instead of when they wereshipped. Assuming the amount in question is material and the client is unwilling tocorrect the error, the CPA should issue:(1) an unqualified opinion or adverse opinion.(2) a qualified “except for” opinion or disclaimer of opinion.(3) a qualified “except for” opinion or adverse opinion.(4) an unqualified opinion with an explanatory paragraphIn regard to quantitative research proposals, novice researchers often find it very challenging and tedious to explain in detail how the data will be analyzed and interpreted in their study. Explain why it is essential that the researcher not cut corners in this section of the proposal. Please include refrences.WHAT ARE THE CORRECT ANSWERS: 1. This term questions how logical, truthful, robust, sound, reasonable, meaningful, and useful the research is? 2. Is a term in research that relates to the dependability of the research, to the degree to which the research can be repeated while obtaining consistent results? 3. The interviewer gives each interviewee a transcript of their interview, an accurate record of their interview? 4. It is a form of an interview that discusses a specific aspect of a phenomenon in hope of developing new information and new insights from a group? 5. This type of interview talks about the positive and negative effects of group dynamics in gathering data for research? 6. An interview where the researchers explore the phenomenon under investigation in-depth with the interviewee? 7. The interview engages the interviewee in a discussion and analysis of a photograph or a series of photographs? 8. It is generally used when the researcher can identify key respondents in…
- Company G Competitor analysis. The competitor analysis report is a detailed investigation into your close competitor(s) and your firm. Use the Competitor Analysis Report (Appendix) format to do an analysis of your firm's own competitive situation. Your grade includes a consideration of the thoroughness and usefulness of your graphics, but not the "fanciness." I really don't care if you do some graphs by hand, as long as they are neat and get the key point across. If any of the questions in the Competitor Analysis Format are not relevant, just give a brief sentence explaining why. (For example, if you have never competed in Private Label, you may just state briefly why you do not participate in private label and why you consider the trends in that market not relevant for your firm.) Remember that graphs are an excellent format for condensing complex information into a meaningful format. Be thoughtful about how to best highlight the points of interest for each component of the…Explain different actions in relation to the seizure of materials from a crime scene. Conduct and analysis of the processes and procedures (i.e. stages, Life cycle) for carrying out the digital Forensic Investigations (i.e. EDRM model and ACPO guidelines). ---described the different actions needed in relations to seizure of materials from a crime scene. ---explained any forensics model showing the stages of analysis and chain of custody. You have to Conduct a formal research with regarding the forensic analysis model, THANK YOUTo help you collect the most useful data for your mar-keting plan, develop a three-column table: 1 In column 1, list the information you would ideallylike to have to fill holes in your marketing plan. 2 In column 2, identify the source for each bit of in-formation in column 1, such as doing an Internet search, talking to prospective customers, lookingat internal data, and so forth.3 In column 3, set a priority on information you willhave time to spend collecting by ranking each item: 1 = most important; 2 = next most impor-tant, and so forth.
- Paraphrase this one. Analyze and elaborate in 97 words. Before venturing into the realm of predictive analytics, it is imperative for organizations to have distinct objectives or problems awaiting resolution. Without well-defined goals, the process of data mining may culminate in a misallocation of valuable resources. Beginning with a generalized approach—where all available data is indiscriminately mined—might lead astray. The true value of predictive analysis emerges from targeted inquiries into known issues.Directions: Read each statement carefully. In a separate sheet of paper, write TRUE if the statement is correct and FALSE if the statement does not fit the description 1. CRM helps businesses build a relationship with their customers that, in turn, creates loyalty and customer retention 2. Customer database information is also used in customer segmentation and profiling 3. An intimate knowledge and understanding of customer needs and wants can lead to ineffective customer service that can result in long-term customer loyalty. 4. Acquiring and keeping customers is the end goal of businesses because customers create demand. 5. Maintaining high levels of customer service quality may be simple due to variability of services. 6. Customer's lifetime value involves activities designed to enhance customer satisfaction, or the perception that a product has met or exceeded expectations. 7. Customer Relationship Management can take on many forms-salesperson assistance, product delivery, technical…1. Jim’s boss asked him to investigate why sales for the last quarter were low. Jim interviewed one of the sales managers about the problem, and she complained that the new people didn’t know how to sell. Jim then wrote a report in which he identified the new people’s deficient skills as the problem and recommended that more training be provided for them. What errors in interpretation do you see in Jim’s report? 2. You are writing a report on the progress of your local cable company’s efforts to increase the sales of five of its products through different advertising media: print and online newspapers and magazines, television, radio, email, and social media. Plan the headings for this report and explain why you’d organize the information this way.