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.
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.
Elaine Ust ACC 202 Module 4 Case Allocating fixed costs Activity based management and activity based costing is different from a more traditional costing method because it uses multiple cost drivers and multiple overhead pools to allocate or apply overhead to products and cost objects. The main characteristics of ABC and ABM is that the charge the division or products for use of overhead resources consumed by charging for activities that are thought to drive costs. The goal is to create awareness that activities drain resources and have the products that use the resources have the costs mapped to their product or division. In this way the divisions and products that use the most resources are charged for those resources. Traditional allocations with one resources to spread overhead often charges products an "average rate" and so fussy and difficult products get a break (charged less than they consume or "under costed") and easy low-hassle products look worse than they are (charged more then they consumer or "over costed").
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.
Another influence is what they hold in a current account could be considered a deficit which means the country is spending more on foreign trade than it is receiving. This creates a supply of their own currency than a demand for its products. According to our text, Mankiw, (2007) 1. Consumers are wealthier, which stimulates the demand for consumption goods. 2.
The four fundamental factors that affect the cost of money are production opportunities, time preferences for consumption, risk, and expected inflation. k. What are some economic conditions (including international aspects) that affect the cost of money? Some economic conditions are budgets deficits, federal reserve policies, budget surpluses, level of business activity and international trade deficits or surpluses. The international aspects are country risk and exchange rate
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 $1,000â€™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 storeâ€™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.
Lowe’s Market Segment Mary K. Moore-Hudson MBA 6012 Intergrated Global Marketing Abstract The objective of the report is to segment the market for Lowe’s consumers. A market segments is an particular group of individuals, families, businesses, or organizations, with one or more characteristics or needs in common, in an otherwise homogeneous market (businessdictionary.com). Market segments usually respond in a conventional manner to a marketing or promotion offer. The market for the Lowe’s retail stores will be segmented in the business-to-customer market environment. 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).