# Quantitative Analysis of Business - Coursework Example

Summary
The following paper entitled "Editing Coursework for Quantitative Analysis of Business" concerns the issue of the quantitative analysis of business. Reportedly, quantitative analysis of business is very important for making decisions related to management…

## Extract of sample "Quantitative Analysis of Business"

Download file to see previous pages Determine the equations for each of the three constraints that are plotted on the attached “graph 1”, showing all work necessary to arrive at the equations. Determine the equations for each of the three constraints that are plotted on the attached “graph 1”, showing all work necessary to arrive at the equations. Identify each constraint as a minimum or maximum constraint.  The objective function is Z= 30X+72Y+90Subject to  7.5X + 7.5Y ≤ 30 (equation for Nutrient C)   6X + 12Y     ≤ 72 15X + 6Y ≤ 90       X ≥ 0, Y ≥ 0 Since the feasible region is below the constraints the constraints are minimum constraints. Determine the total contribution to profit, if the company produces a combination of cases of brand X and brand Y that lies on the purple objective function (profit line) as it is plotted on the attached “graph 1”.If the company chooses to produce a combination of brand X and Y as given in graph then the different combinations would be (0, 8), (1, 6.6), (2, 5.4), (3, 4), (4, 2.6), (5, 1.3), (6, 0). The contribution to profit at various combinations can be obtained using the objective function where profit= 30X+72Y+90 and substituting the value of X and Y for each set in this function we get profit for each combination.When the company produces 8 units of Brand Y and no Brand X the profit function is maximized (666). But this combination is outside the feasible region. So, the combination that gives maximum profit (468) to the producer within the optimal region is 3 units of X and 4 units of Y. The Total Contribution of Profit: The total contribution to profit which can be obtained by producing 3 units of brand X and 4 units of brand Y is 468 which is obtained by putting the values of X and Y in the profit ...Download file to see next pagesRead More
Cite this document
• APA
• MLA
• CHICAGO
(“Quantitative Analysis of Business Coursework Example | Topics and Well Written Essays - 2000 words”, n.d.)
(Quantitative Analysis of Business Coursework Example | Topics and Well Written Essays - 2000 Words)
“Quantitative Analysis of Business Coursework Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/business/1391357-quantitative-analysis-of-business.
Click to create a comment or rate a document

## CHECK THESE SAMPLES OF Quantitative Analysis of Business

### Quantitative Analysis

..., allowing a manager to see the collective impact of these variables. On the contrary a simple linear regression is a least square estimator of a regression model that has a single explanatory variable (Anderson et al., 2010). Mathematical Example: The beverage company is looking forward to forecast the future sales in order to increase the revenue. With the help of the regression analysis the company can identify the impact of different factors and variables on the overall sales. Some of the important variables in this regard can be: 1. Economic condition 2. Consumer preferences 3. Consumer Spending power The regression equation can be generated as follow: Y (Total Sales) = a + b1Economic Condition + b2Consumer...
3 Pages(750 words)Research Paper

### Quantitative analysis

...on the respective component. Time series analysis is a powerful tool of quantitative nature; the process of forecasting is of high value in the entire business world and in economic factors. The predictions and future values, trends and expectations are largely subject to the principles and methods of forecasting. The consistent observational function and periodic idiosyncrasy make it one of the largely used tools across the world in different paradigms. Works Cited Brockwell, Peter J., and Richard A. Davis. Time Series: Theory and Methods. Springer, 2009. Print. Kleinbaum, David G. Applied Regression Analysis and Other Multivariable Methods. Cengage Learning, 2007....
9 Pages(2250 words)Essay

### Quantitative Analysis

...? Quantitative Analysis Quantitative Analysis Summary Sirin (2005) conducts a meta-analytic review of research on social economic status and academic achievement. He used a sample of 101,157 learners, 6,871 schools, and 128 districts obtained from 74 independent representative samples to determine the relationship between student’s achievement, and their economic associations (Sirin, 2005). His data analysis indicated that there was a positive relationship between the students socioeconomic and students’ achievement association. This means there was a relationship between class, source, range of socioeconomic status, and the type of socioeconomic status...
4 Pages(1000 words)Assignment

### Quantitative analysis

...?Quantitative analysis Quantitative research involves collection and analysis of quantitative data. The type of data that the research method involves is objective, contrary to subjective data that researchers encounter in qualitative research. Like qualitative research, quantitative faces a number of challenges in its implementation and this paper evaluates some of the challenges of conducting quantitative research and analyzes the issues associated with sampling, validity, reliability, and bias. Quantitative research confounds exist that influences research results against independent variables’ forces and therefore challenges implementation of quantitative research. History confound, maturation confound, and testing confound... are...
4 Pages(1000 words)Research Paper

### Quantitative Techniques in Business as Expressed from the Analysis of Samsung and Apple Companies

...? Quantitative Techniques in Business as Expressed from the Analysis of Samsung and Apple Companies Quantitative Techniques in Business as Expressed from the Analysis of Samsung and Apple Companies Table of Contents I. Introduction…………………………………………………………………………3 II. Two Companies in the Smartphone Business: Apple and Samsung…………………4 III. Objectives of the assignment…………………………………………………………4 a. Samsung Company………………………………………………………….……5 b. Apple Company…………………………………………………………...………5 IV. Responses to the Requirements set……………………………………………………6 a. Comparative analysis of Apple and Samsung Companies……………………..…6 b....
15 Pages(3750 words)Essay

### Quantitative Analysis for Business....Data Collection

...Quantitative Analysis for Business Data Collection Quantitative Analysis for Business Data Collection Ballard Integrated Managed Services view seeks to provide food and hospitality services to hospital staff. To seek information on the various aspects, it collects data through various aspects including surveys provided to employees. Surveys aid the company to secure information on the hospital projects and other data collection aspects from large number of individuals. Surveys aid the institution to ask specific questions provided by individuals. Interviews come as an advantage to the organization as they provide detail to the information. Qualitative and quantitative data collection methods are applicable in collecting hospital... ...
1 Pages(250 words)Essay

### Quantitative analysis

...Article Critique of Quantitative Article Amarachi Akpuka July 28, Article Critique of Quantitative Article The paper critiques Hjaltadóttir et al.’s (2012) article, “Quality of Care in Icelandic Nursing Homes Measured with Minimum Data Set Quality Indicators.” Their research goal is to determine if Icelandic nursing homes provide quality care through the Minimum Data Set (MDS) quality indicators. Results showed high prevalence for declining quality of care. Background and Significance The researchers explained the background of the study well because it mentioned international and national initiatives for measuring health care quality. In addition, they did not directly present the research question in the introduction... as a quality of...
5 Pages(1250 words)Article

### Master of Arts in Quantitative Analysis for Business

...ment of Purpose Applicant’s Please write here I have recently applied for the Master of Arts in Quantitative Analysis for Business being offered by name of university. I am on the verge of completing my Bachelor’s in Management Studies degree with marketing as the major course. My basic aim is to get admission in the master’s degree program in order to gain an in-depth understanding of all concepts related to business and statistics. My grades in the business and statistics related subjects, which I studied at the bachelor level, depict my interest in studying quantitative analysis for business. I have a...
1 Pages(250 words)Personal Statement

### Quantitative Analysis

...Week 4 assignment Quantitative Analysis College Week 4 Assignment Descriptive Statistics (Data set 36a) The descriptive statistics for a group of cities and their sales tax rates is computed below: Tax Rate Mean 5.71% Standard Error 0.65% Median 5.80% Mode 7.00% Standard Deviation 2.06% Sample Variance 0.0004 Kurtosis 0.27 Skewness 0.54 Range 6.80% Minimum 3.00% Maximum 9.80% Sum 57.10% Count 10 Correlation (Data set 48b) The correlation between Speed and Accuracy is -0.7636. This suggests that there is a very strong negative linear relationship between speed and accuracy. Thus, as the speed increases the accuracy decreases and vice-versa.   Speed Accuracy Speed 1 Accuracy -0.7636 1 t-Test: Paired (Data...
3 Pages(750 words)Coursework

### Quantitative Analysis

...factors) Setting prices based on forecasts reflects on consumers’ value for commodities, and the achieved value-based utility ensures sustainable customer base for the business venture. Comparative analysis for determining profitability and optimal profitability Comparative analysis of cost and revenues is another recommended quantitative best practice for the business. Two approaches inform profit maximization and their understanding and use in the business will ensure optimal profitability. The difference between total cost and total revenue defines obtained profits and can be used to define profitability (Korrapati, 2014)....
3 Pages(750 words)Research Paper