Course: Math 533 Course Project A Introduction The company in this course project is called AJ DAVIS and it is department store chain. AJ Davis has many credit customers and wants to find out more information about these customers. A sample of 50 credit customers was used and the following variables provided the data. 1. Location (rural, urban, suburban) 2.
The department store of AJ Davis is attempting to find out more information about their credit customers. They have taken a sampling of 50 credit customers using several different variables. The data collected for several of those variables and the relationship between variables have been interpreted with detailed statistical analysis to summarize the pertinent customer information. The first variable interpreted is location, which is categorical. AJ Davis listed customer location in three subcategories: urban, suburban, and rural.
Project Part B Rick Aguilar Keller School of Management Applied Managerial Statistics MATH 533 Mark Beintema Project Part B Brief Introduction: AJ Davis is a department store chain, which has many credit customers and wants to find out more information about these customers. AJ Davis has complied a sample of 50 credit customers with data selected in the following variables: Location, Income (in $1,000’s), Size (Number of people living in the household), Years (number of years the customer has lived in the current location), and Credit Balance (customers current credit card balance on the store’s credit card, in $). The manager at AJ Davis has speculated the following: a. The average (mean) annual income was less than $50,000. b.
A. Introduction AJ Davis is a department store chain with many credit customers in which the company would like to obtain more information about. In order to do so the company has selected fifty credit customers and collected data on the following five variables: Location, Income, Household Size, Years Living in Current Location, and Credit Balance. The company will take an in-depth look into these five variables and the relationships between one another using graphical and numerical summary and interpretation. B.
Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 15 million customers a week at more than 1,750 home improvement stores in the United States, Canada and Mexico (Lowe's Companies, Inc, 2011). Lowe’s offer several different incentives to shop which lures customer to the home improvement retail center. These incentives, such as the “My Lowe’s” program, price matching, the Lowe’s Consumer Credit Card and their own durable, long-lasting and cost effective products. INTRODUCTION Lowe’s Companies, Inc. is a FORTUNE® 50 company that serves approximately 15 million customers a week at more than 1,750 home improvement stores in the United States, Canada and Mexico. Lowe’s is an American chain of retail home improvement and appliances.
In the 2010 census, the population of Ellettsville was 6378. Out of this number 95.8 percent of the people are White, 1.2 percent African American, and the other 3 percent of people are Native American, Asian, and Hispanic or made up of two or more races. Of these people there are 1944 households with 1345 families consisting of 3 or more people. 41 percent of these households have children under the age of 18 and 52 percent of the households have married couples in them. Also found in the census was that the average household income in the town of Ellettsville is 37, 275 dollars.
Total asset turnover for SciTronics in 2008 can be calculated by dividing $ 244,000 into $ 159,000. The turnover deteriorated from 1.58 times in 2005 to 1.53 times in 2008. 2. SciTronics had $ 66,000 in accounts receivables at year/end 2008. Its average sales per day were $ 668.49 during 2008 and its average collection period was 99 days.
There are 29,144.56 females (50.5%) and 28,567.44 males (49.5%) that comprise the total population. The racial division of the county is as follows: the white population consists of 63.9%, non-white population consists of 30.8%, American Indian and Alaskan Native consists of 3.4%, Asian population consists of 0.4%, Native Hawaiian population consists of 0.1% and persons reporting two or more races consist of 1.4% (Columbus County QuickFacts from the US Census Bureau, 2012). The population of Columbus County has decreased from April 2010 to July 2011 by 0.7%. The entire state of North Carolina had a population increase by 1.3%, in the same time frame (Columbus County QuickFacts from the US Census Bureau, 2012). Students in Columbus County typically attend the Public School System of Columbus County.
This document consists of a summary of an exploratory data analysis for AJ Davis Department Stores. AJ Davis seeks to know more about their customers which pay via credit. We will assess the location, income, household size, years lived at household and credit balance. The following data shall serve as a sample of AJ Davis’ customer base: Income ($1000) 54 30 32 50 31 55 37 40 66 51 25 48 27 33 65 63 42 21 44 37 62 21 55 42 41 54 30 48 34 67 50 67 55 52 62 64 22 29 39 Credit Balance($) 4016 3159 5100 4742 1864 4070 2731 3348 4764 4110 4208 4219 2477 2514 4214 4965 4412 2448 2995 4171 5678 3623 5301 3020 4828 5573 2583 3866 3586 5037 3605 5345 5370 3890 4705 4157 3579 3890 2972 Location Urban Rural Suburban Suburban Rural Urban Rural Urban Suburban Urban Urban
Stock Number Annual $ Volue J24 12,500 R26 9,000 L02 3,200 M12 1,550 P33 620 T72 65 S67 53 Q47 32 V20 30 What are the appropriate ABC groups of inventory items? (4 points) Stock Number Annual $ Volume % of Annual Volume % of Total Class: J24 12,500 46.21 79.48 A R26 9,000 33.27 L02 3,200 11.83 19.85 B M12 1,550 5.73 P33 620 2.29 T72 65 0.24 0.67 C S67 53 0.20 Q47 32 0.12 V20 30 0.11 Total Annual Volume 27,050 Problem 2: Assume you have a product with the following parameters: Holding cost per per unit Order per order What is the EOQ? What is the total cost for the inventory policy used? (4 points) Problem 3: Assume that our firm produces type C fire extinguishers. We make 30,000 of these fire extinguishers per year.