Unit 6-8

Unit 6

Vasco da Gama Industries is deciding whether to make or outsource the new batteries that will power its new Hydro Bat-Boat. Guy Josobo is the CEO, and he runs all the production management for the project. He has determined the following costs: Respectively the amounts are $-20,000 (lose money) low, $40,000 medium, and $100,000 high demand to produce at Vasco da Gama. To outsource the project, he has determined the following costs: $10,000 low, $45,000 medium, and $70,000 high demand.
Using this information, complete the following steps:
Develop a decision tree or decision-tree chart to solve Guy Josobo’s dilemma.
At each decision node, select the best decision alternative for both the manufacture and outsource choices.
Determine the state of probabilities for all the demands: low demand is .30, medium demand is .45, and high demand is .25.
Using your decision tree and states of probabilities, calculate the cost at each outcome node, and determine the best solution.
Show all your work for these steps.
Describe and justify the steps in a decision tree analysis that Guy Josobo performed for Vasco da Gama Industries, and include any possible challenges he will face.
Explain what decision Guy Josobo should make, and explain your reasoning.
Your completed assignment must be at least three pages in length, and you must use at least two academic sources. Be sure to include an introduction that provides background of the topic and the purpose of the paper. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.

Unit 7
This is a real-world project that involves analyzing and evaluating a business of your choice that is in your local area. By completing this project, you will demonstrate what you have learned in this course by analyzing a business.
To complete this project, select a local business of your choice. Examples include, but are not limited to, a movie theater, state-operated toll booth, supermarket, fast food restaurant, car wash, or a retailer like TJ Maxx, HomeGoods, or Best Buy.
Imagine you have just been hired as the new manager. As a good manager, you want to have a solid understanding of the business operations processes so you can determine if the business is operating efficiently, timely, and at a profit.
You are to go observe your business and view it from a data-gathering and quantitative analysis approach. For example, if you choose a car wash, how many cars entered the wash? What times did they arrive? What type of wash did they get? (You can ask the manager if you can record data). What type of car was it? Was there correlation in the wash type and car? You have to think critically about this scenario. Remember, you are the new manager, so you want to make an impact and improve processes.
As you can see, data are gathered, recorded, and then analyzed to determine the findings (what do the data tell you?). A car wash may use the data to hire more people during certain times, to refill soap in the machine during down times, or even raise the price on certain washes for more revenue. You have to think critically and creatively when you observe your business.
After you have completed all of the quantitative findings on the processes, you are to write a paper that analyzes your selected business. At a minimum, you should accomplish the following tasks.
Describe the business and how quantitative analysis can be used to make it more efficient.
Explain the quantitative processes you used to analyze the business.
Determine if the business exhibits any type of distribution? What type? Explain your findings.
Outline the decision-making steps with regard to your analysis.
Is there correlation or causation in your findings? Explain.
Examine the coefficient of determination and the coefficient of correlation, and deduce their meanings. In your response to this, explain the four values of the correlation coefficient.
Summarize your data findings from the business you selected.
Display any computations you used (probability, distributions, decision trees).
Your completed project must be at least four pages in length. It should include an introduction section where you include what you will prove regarding the quantitative analysis tools you used, the main points of your paper, and a conclusion section that includes a summary of what the data display about your selected business and how it could improve.
You must use at least two academic resources in your paper, one of which must come from the CSU Online Library. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.

Unit 8
You are an investment advisor, and your client is interested in buying the XPO Logistics company stock. To make the best financial decision for your client, you want to forecast the direction of the stock and determine whether your client should buy the stock based on forecasting and quantitative analysis. You start the process by gathering data and determining what forecasting technique to use.
Complete the following steps.
Retrieve data on the closing price of the XPO stock (Symbol XPO) from January 1, 2020 to July 31, 2020. You can do this on multiple websites by using a search engine and inserting the name of the stock.
Using the time series forecasting method, moving average, compute the 10–, 30–, and 50–day continuous moving averages.
Show all data and computations for your moving averages.
Take each number computed for the 10–day moving average, and record it in a table. Do the same for the 30– and 50–day averages.
You can now either plot these data points in a graph or just compare them against each other to complete the next step.
Write your final analysis, and make a recommendation to your client:
What is the data telling you?
How do you explain it to your client?
How accurate is this forecast for XPO?
Can you develop a forecasting system or model that may be more reliable and accurate? Explain.
Your completed paper must be at least three pages in length, and you must use at least two academic sources. Be sure to include a brief introduction section in which you provide a background, purpose, and road map for the paper. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.