Dominion Sales and Inventory issue – Regression Analysis

IntroductionIn today?s business environments, organizations face a cracking deal of challenges within competitive environment within the immaterial arena and the local markets. They face challenges even from tiper, highly energize companies, which in many an otherwise(prenominal) cases cause by the ongoing acquisitions, mergers, and demands from an of all time more than discriminating consumer. The public organizations search for different telling behavior to deliver policies and increase scales of efficiency. In this fast locomote environment, many companies are graveling their existing project and imaging programing systems are not sufficient to accommodate dislodge or optimize their programs, bene adequates planning, and tracking. Managers struggle as they attempt to find ways to move the business forward. At Dominion, one of the beta elements in becoming a leaner operation is how to brace the descent dollar levels against the sales dollar levels. A regress ive compendium study between chronicle and sales dollars could admit the electric charge needed to find the balance and lean financial requirements of Dominions pep pill attention team. Description of the retrogression AnalysisUniversity of Phoenix defined reasoning backward analysis as a statistical tool used to estimate the remark of variable based on the value of another (University of Phoenix, 2006). The nonsubjective of regression analysis is to determine the determine of factors for a enjoyment that cause the function to best fit a denounce of known data observations.

The Dominion management team treasured to reduce their current muniment ! levels; however, other management member believes that major(ip) reduction in inventory levels may cause a decrease in sales and impact negatively the guest satisfactions if the products are not readily available, which in return customers will look elsewhere to look at these purchases. Analyzing the data, provided clear that a relationship exists between the annual inventory dollars and the annual sales dollars. Knowing the relationship between the sales dollars and the inventory... If you want to bum a full essay, order it on our website: OrderCustomPaper.com

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