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Search for: Business Statistics
Found: 10 Products
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Cases
GoodBelly—Excel Spreadsheet
by Hyun-Soo Ahn
Product Type: Teaching Tool  Publication Date: 09/2012  Product ID#: 1-429-273  Length: 1pages
GoodBelly is trying to boost its sales at grocery stores like Whole Foods Market. As a small start-up, GoodBelly must optimize the allocation of its limited marketing budget. It currently promotes through in-person demonstrations in stores, but management is concerned that these demonstrations are not effective enough to justify the cost. It is up to GoodBelly's student intern, Car...
GoodBelly: Using Statistics to Justify the Marketing Expense
by Hyun-Soo Ahn
Product Type: Case  Publication Date: 07/2012  Product ID#: 1-429-252  Length: 6pages
GoodBelly is trying to boost its sales at grocery stores like Whole Foods Market. As a small start-up, GoodBelly must optimize the allocation of its limited marketing budget. It currently promotes through in-person demonstrations in stores, but management is concerned that these demonstrations are not effective enough to justify the cost. It is up to GoodBelly's student intern, Car...
Pricing Games: Sony PlayStation and Microsoft Xbox
by Valerie Y. Suslow, Francine Lafontaine
Product Type: Exercise  Publication Date: 02/2011  Product ID#: 1-428-882  Length: 7pages
Economic game theory can be a tedious and difficult concept, but it doesn’t have to be. This exercise allows students to learn about game theory via an entertaining medium – video games. After considering a pricing war between two video game giants, Microsoft and Sony, students are asked to calculate pricing strategies based off game theory predictions. Students must use a 2-by-2 s...
LanServe Corporation (B)
by William Lovejoy
Product Type: Case  Publication Date: 12/2010  Product ID#: 1-429-128  Length: 3pages
This case builds upon LanServe Corporation (A). LanServe, a company that designs low to midrange servers, is facing increased demand for its services and has to choose between lines and cells to redesign its production process. Price data and capacity calculations are presented for each option, and students are asked to make and justify recommendations each way.
Highland Hospital Operating Room Scheduling
by William Lovejoy
Product Type: Exercise  Publication Date: 12/2010  Product ID#: 1-429-132  Length: 3pages
This case uses the example of a hospital operating room to teach students how to make decisions based on a quantitative operational analysis. Students are asked to consider issues with capacity and variability, and choose a future action that the hospital must take in order to remedy its delay and waiting problems.
Variability, Buffers and Inventory
by William Lovejoy
Product Type: Conceptual Note  Publication Date: 05/2010  Product ID#: 1-429-081  Length: 12pages
Most production systems are faced with the problem of variability. Customer demand for finished products may vary over time, as may the availability of raw materials and the processing capacity at various stages in the system. This note will discuss some of the types of variability, the consequences of variability, the role of inventory in systems with variability, and possible res...
Iowa Speedway: Determining Depreciable Life (C)
by David Wright
Product Type: Mini-Case  Publication Date: 04/2010  Product ID#: 1-428-914  Length: 4pages
The Iowa Speedway was constructed in 2006 by the U.S. Motorsport Entertainment Corporation. The state of the art racetrack is home to many prominent racing leagues, such as NASCAR's Nationwide Series. This mini-case is an exercise on accounting for depreciable life. Students are asked to imagine that they have to close the books on 2006, the first year of operation. The financial a...
Petro Refinery: Product Mix Optimization
by Izak Duenyas
Product Type: Exercise  Publication Date: 04/2010  Product ID#: 1-428-999  Length: 12pages
Petro Refinery LLC, a crude oil refinery, faces an issue common in many production and service industries: finding the optimal product mix or input mix. A central difficulty is that each product consumes different amounts of the firm’s shared resources, but contributes different revenues toward the firm’s fixed costs. Managers do not necessarily want to sacrifice the production of...
Iowa Speedway: Determining Depreciable Life (B)
by David Wright
Product Type: Mini-Case  Publication Date: 10/2009  Product ID#: 1-428-913  Length: 4pages
The Iowa Speedway was constructed in 2006 by the U.S. Motorsport Entertainment Corporation. The state of the art racetrack is home to many prominent racing leagues, such as NASCAR's Nationwide Series. This mini-case is an exercise on accounting for depreciable life. Students are asked to imagine that they have to close the books on 2006, the first year of operation. The financial a...
Developing Financial Projections
by James D. Price
Product Type: Conceptual Note  Publication Date: 07/2009  Product ID#: 1-428-846  Length: 12pages
Prospective investors in startups and growth businesses expect to review detailed financial information on the company. This note provides an in-depth discussion of both the art and the science of preparing financial projections for an early-stage business. The article also describes the most appropriate way to present historical financial information, as well as advice on the best...
 
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