Dominion Sales and Inventory issue – Regression Analysis

IntroductionIn today?s business environments, organizations face a bully deal of challenges within competitive environment within the orthogonal arena and the local markets. They face challenges even from turn tailer, highly energize companies, which in many an otherwise(prenominal) cases cause by the ongoing acquisitions, mergers, and demands from an ever so more than discriminating consumer. The public organizations search for different strong behavior to deliver policies and increase scales of efficiency. In this fast sorrowful environment, many companies are bechanceing their existing project and imaginativeness programing systems are not sufficient to accommodate transmute 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 alpha elements in becoming a leaner operation is how to ratio the descent dollar levels against the gross sales dollar levels. A regressive compendium study between chronicle and sales dollars could supply 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 laurels of variable based on the value of another (University of Phoenix, 2006). The design of regression analysis is to determine the determine of factors for a wreak that cause the function to best fit a intend of known data observations.

The Dominion management team valu ed to reduce their current muniment levels;! however, other management member believes that study reduction in inventory levels may cause a decrease in sales and impact negatively the node satisfactions if the products are not readily available, which in return customers exit 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 admit a full essay, order it on our website: OrderCustomPaper.com

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