Essays on Peak Season

The University Bookstore – Textbook Department experience a peak season business usually in the first few weeks of each school semester. The bookstore serves about 21,600 customers in a 12 workdays of the peak season of semester at a daily time frame of 9 am- 9pm. About 30 percent of the bookstore’s customers buy four books while 25 percent buy three. Twenty percent of the customers buy two books while 15 percent buy five books, 10 percent buy one book. The bookstore spends .5 minutes for every one book of cash transaction per customer, 1.6 minutes for every ...

Analysis of Activity Data Set of Restaurant Guest Counts

Analysis of Activity Data Set of Restaurant Guest Counts

Introduction

The present paper discusses a business scenario under the background of business data collected to inform the managerial decisions for the purpose. As per the scenario, the decision maker being a manager of a small town café which enjoys robust guest inflow during the summer months and a small population from among the residents are visitors to the same during the off season is faced with staffing decision problems. The season typically starts around the Memorial Day each year. The café adjusts its staffing based on the guest count during ...

Executive Summary

This paper explores and analyzes the case of Maritime Trading Company with its desire to utilize the Internet to generate more revenue for the company. The plan is to have a Web site that will be truly responsive to the customers through the fostering of closer buyer-seller relationships. In order to explore the existing business scenario, analysis will be conducted through: 1) a summary of the situation; 2) an examination of material exhibits; 3) strengths of the business situation, and; 4) weaknesses of the business situation. In this manner, alternative approaches can be identified and recommended courses of action ...

Price elasticity is one of the three necessary requirements for price discrimination to be possible. If difference in price elasticity does not exist for different customer segment, a firm cannot engage in price discrimination. Differing levels of price elasticity allows a company to offer different prices for the same product to different customers, knowing fully well that the demand for price inelastic customers would not decline much while the demand through price elastic customers would increase by a much higher margin. The first example illustrates the large increase in profits of an airline which has 50% each, price inelastic ...

Chapter: Findings

This section includes the findings attained from the responses of participants via questionnaire along with the graphical illustration. The total number of participants selected in this study is 178. Frequency distribution tables along with cross tabulation calculations are done in order to find out the relationship between variables.

Questionnaire Analysis

Frequency Tables/Charts Tourism sector helps any country to boost its economy. Similarly, the participants’ responses to the asked question whether “tourism sector will bring benefit to Singapore” proved that Singapore economy has been observed a growing trend due to an increase in tourism activities. In Singapore, tourists mainly come from neighborhood ...

A Case Study of Sunsweet Growers

The impact of IT on logistics integration – a case study of Sunsweet Growers

The use of information and technology to optimize supply chain management processes has gained tremendous pace over the last decade. The deployment of sales and operations planning or SOP programs can help an organization integrate functions for higher levels of control and management. However, the challenges posed to a supply chain and the consequent effectiveness of technological integration is determined by a number of variables that vary between organizations. Sunsweet Growers operates in the dry fruits industry. The production of dry fruits is highly volatile, while the demand ...

1. The primary mode of production processing used at Stickley Furniture is batch processing where work is divided into different operations. Batch production is when items are manufactured in batches instead of being manufactured singly or through a continuous production (“What is Batch Production?,” 2012). A specific process for each item occurs at the same time on a batch of items and that particular batch does not go to the next production stage or to the inspection stage until the whole batch is finished. At Stickley Furniture, in particular, parts of the furniture are produced in batches and kept in the ...