Business Analytics
Business Analytics
3rd Edition
ISBN: 9781337406420
Author: Camm, Jeffrey D.
Publisher: Cengage Learning,
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Ohio Logistics manages the logistical activities for firms by matching companies thatneed products shipped with carriers that can provide the best rates and best service for thecompanies. Ohio Logistics is very concerned that it uses carriers that get their customers’material delivered on time, so it carefully monitors its carriers’ on-time percentage of deliveries.The following table contains a list of the carriers used by Ohio Logistics and thecorresponding on-time percentages for the current and previous year.CarrierPrevious Year On-TimePercentage (%)Current Year On-TimePercentage (%)Blue Box Shipping 88.4 94.8Cheetah LLC 89.3 91.8Granite State Carriers 81.8 87.6Honsin Limited 74.2 80.1Jones Brothers 68.9 82.8Minuteman Company 91.0 84.2Rapid Response 78.8 70.9Smith Logistics 84.3 88.7Super Freight 92.1 86.8 Sort the carriers in descending order by their current year’s on-time percentage. Whichcarrier is providing the best service in the current year? Which carrier is providing…
A management consulting firm has four types of professionals on its staff: Managing consultants, senior associates, field staff and office staff. Average rates charged to consulting clients for work of each of these professionals categories are k3150/hour, k1680/hour, k1260/hour and k630/hour, respectively. Office records indicate the following number of hours billed last year in each category: 8,000, 14,000, 24,000 and 35,000, respectively. If the firm is trying to come up with an average billing rate for estimating client charges for next year, what would you suggest they do and what do you think is the appropriate rate?
The file MidCity Download MidCitycontains data on 128 recent sales in Mid City. For each sale, the file shows the neighborhood (1, 2, or 3) in which the house is located, the number of offers made on the house, the square footage, whether the house is made primarily of brick, the number of bathrooms, the number of bedrooms, and the selling price. Neighborhoods 1 and 2 are more traditional neighborhoods, whereas neighborhood 3 is a newer, more prestigious neighborhood. Home Nbhd Offers Sq Ft Brick Bedrooms Bathrooms Price 1 2 2 1790 No 2 2 228600 2 2 3 2030 No 4 2 228400 3 2 1 1740 No 3 2 229600 4 2 3 1980 No 3 2 189400 5 2 3 2130 No 3 3 239600 6 1 2 1780 No 3 2 229200 7 3 3 1830 Yes 3 3 303200 8 3 2 2160 No 4 2 301400 9 2 3 2110 No 4 2 238400 10 2 3 1730 No 3 3 208000 11 2 3 2030 Yes 3 2 265000 12 2 2 1870 Yes 2 2 246000 13 1 4 1910 No 3 2 205200 14 1 5 2150 Yes 3 3 252600 15 3 4 2590 No 4 3 353600 16 3 1 1780 No 4 2 291600 17 2 4 2190 Yes 3 3…
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