Data Analysis for a business making

Data Analysis for a business making Essay example
Masters
Essay
Logic & Programming
Pages 4 (1004 words)
Download 0
Task 1: a. The contribution per margin for Northern Hi-Tec E. Ltd will be calculated as follows: Contribution per margin= Gross profit/ total revenue The actual calculations will predict how much contribution is each of the company’s products making in terms of the total profit gained by the company…

Introduction

c. The model will be solved through the help of the objective function applied, in which the decisions variables will be used in terms of controlling the operations and also avoiding the constraints to get the maximized productivity. d. One of the main constraints in the functional operations was limiting the machine’s productivity due to the depreciation. Another main constraint was time management. The constraint that was not problematic was the labor issue, i.e. they worked properly. e. The reduction in the profit means either the low pricing or the higher material or labor costs. The value of the objective function will change because of the productivity concerns. Because as the material cost has increased, so a limitation will be applied on the working of the machine and the lesser productivity will be the case. f. The value of additional value of additional minute of time per week for the devices numbered 1 to 4 will be respectively as follows: 600, 390, 330, and 204. The company must add more test device time on 4th and 3rd device as they have experienced to be consuming lesser time. g. The management of the company should make the corrective measures in terms of the cost reduction techniques and profit maximizing mechanisms. ...
Download paper
Not exactly what you need?

Related papers

Asystematic Approach to cost-Based optimization in Data Mining enviroment
As for instance, the query optimizer determines whether to use indexes for executing a particular query or not, and which technique should be adopted for joining multiple tables. Such decisions pose enormous impact on the SQL performance. The technology of query optimization is essential for every application ranging from analytical systems to content-management systems and from operational…
Humen Resouce Managment in the Middle East : a comparative analysis
in Tahir Suliman. This report provides an overview of these articles. And, it is followed by a description explaining human resource management related similarities and differences in the UAE and The KSA. Subsequent to that, concerning human resource management related issues, what they can learn from their individual experiences over their respective HR policies and practices, is also discussed.…
Data sharing between airlines and international airlines for scheduling purposes
A SWOT analysis of this airline company is also provided and the document closes by providing recommendations for the airline company accompanied by their justifications. Data Sharing between Airlines and International Airlines for Scheduling Purposes Introduction Competition in the market may dictate that airlines keep a secret of their data according to Gustavo (2005). This situation also…
critical analysis of the report
2. The research conducted (and what type of study) An ergonomic study was conducted by National Institute for Occupational Safety and Health (NIOSH) on the rangers of Yellow Stone Park. Several tests were used such as the Rhythmic Test, Tremor Test, and the Vibroactile Test, to determine the reason why the rangers are experiencing musculoskeletal disorders and to find a way to prevent this kind of…
BG Group Plc Analysis
BG Group is one of the listed companies in the London stock Exchange (LSE). The British Gas plc divested Centrica and the company was created. BG Group marks its presents in 5 continents. Demand and Supply Factors First consider the demand side factors which include weather, demographics, economic growth, consumption of fuel, storage of the products and exports. The cyclical pattern seems to be…
Business Forecasting Using eViews
The company had a major crisis in the last quarter of 2002 until mid-2003. Some of their equipment failed in the market and they faced a multi-million pound lawsuit. This led to a huge deficit in their pension fund. This was the cause of the major fall of their share prices in that period. From the analysis, the prices were performing better from that point onward and rose in an almost steady…
Novel Report on the game V Archery
To find the answer to this hypothetical question, the research has been done in a systematic process to find all the necessary data required to accept or reject the hypothesis. To do this, the research comes up with a points based location of the game target in which the various colors used in the target represent different accuracy levels of the game player, the archer. Highest scores are…