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Bdm - Essay Example

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Summary
SarnesCo is a manufacturer of machinery for the textile industry. Company's management has taken up the task of improving the productivity on the assembly line. Accordingly the company appointed consultants presented their report, which when implemented also resulted in some improvement for the company.
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Bdm

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Inter-quartile range (IQR): The median happens to be in the middle of the sorted data. Similarly the first quartile can be defined as 1/4 of the way through the sorted data, and the third quartile to be 3/4 of the way through the sorted data. Second quartile is also known as the median. The range between the first and third quartiles includes half of the data. The size of the range (i.e., the difference between the third quartile and the first quartile) is another measurement of variability called the inter-quartile range or IQR. For normally distributed data:
IQR = 1.35

From the above calculations it appears the reorganization exercise has not been a grand success. Though it appears to have tightened some loose ends but still the average output remains the same.

Task-3:
Table-2: Annual record of sales revenue & advertising expenditure for SarnesCo (000's)
Period
1
2
3
4
5
6
7
8
9
10
11
12
Sales Revenue
100
130
160
175
180
190
190
180
220
250
255
260
Advertising expenditure
10
12
12
12
13
13
13
14
15
15
16
16


3 period moving averages for sales
A3 = (160+130+100)/3 = 390/3 = 130
A4 = (175+160+130)/3 = 465/3 = 155
A5 = (180+175+160)/3 = 515/3 = 171.67
A6 = (190+180+175)/3 = 545/3 = 181.67
A7 = (190+190+180)/3 = 560/3 = 186.67
A8 = (180+190+190)/3 = 560/3 = 186.67
A9 = (220+180+190)/3 = 590/3 = 196.67
A10 = (250+220+180)/3 = 650/3 = 216.67
A11 = (255+250+220)/3 = 725/3 = 241.67
A12 = (260+255+250)/3 = 765/3 = 255

4 period moving averages for sales
(it can be calculated similarly as above)
A4 =


Task-4:










Task- 5: Business Presentation
Material for the presentation
SarnesCo, the manufacturer of machinery for the textile industry, wants to improve its assembly line
SarnesCo appoints consultant, who in turn study the assembly...
The range between the first and third quartiles includes half of the data. The size of the range (i.e., the difference between the third quartile and the first quartile) is another measurement of variability called the inter-quartile range or IQR. For normally distributed data:
Taking a look at the mean, median figures of the production efficiency 'before' and 'after' the implementation of these steps, it is quite apparent that the consultants have not been able to improve the assembly line as much as desired by the company. ...Download file to see next pagesRead More
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