Assignment request

 

The assignment is base on your neighborhood my location is Waldorf, Maryland.

 

Also the title of the assignment the professor short to Making Decisions, and reference in alphabetical order. Thank you

 

.

Assignment 1: Making Decisions Based on Demand and Forecasting
Due Week 3 and worth 200 points

Click

here

to download the Pizza Data Company worksheet.

The Pizza Company is considering entering the marketplace in your community. Use the information from “The Pizza Company Data” worksheet, located in Week 3 of your course shell, to complete this assignment. By conducting a demand analysis and forecast for pizza, you will be able to make a decision whether The Pizza Company should establish a presence in your community.

Write a three to five (5-6) page paper in which you:

1. Use Excel or other calculation software to input the data to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination, indicating how it will influence your decision to open the pizza business in your town or community. Explain any additional variables that may improve the coefficient of determination.

2. Test the statistical significance of the independent variables and the regression equation, indicating how it will impact your decision to open the pizza shop.

3. Forecast the demand for pizza for the next four (4) periods using the regression equation.

4. Based on the forecasted demand, determine whether The Pizza Company should establish an operation in your community. Provide a rationale and support for the decision.

Your assignment must follow these formatting requirements:

. Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

. Apply the concepts of supply and demand to determine the impact of changes in market conditions in the short run and long run, and the economic impact on a company’s operations.

. Use technology and information resources to research issues in managerial economics and globalization.

. Write clearly and concisely about managerial economics and globalization using proper writing mechanics. 

Click
here
to view the grading rubric for this assignment.

2

>Sheet

1 1

,6

.62

0,

9

80

2

3

4

5

2

6

,973

6,2

7

,954

8

9

9

11

,603

13

0,241

14

15

6.20

16

17

19

20

21

22

5.10

23

24

25

6.42

26

6.97

27

5.30

28

29

30

5.96

																																	The Pizza Company
Market	Demand (Q)	Price (P)	Competitor Price (Px)	Advertising (Ad)	Income (I)
	5	9	6	11		7	6.5	4		20	25	54,	8
596,45	3	7.	29	5.01	204,559	51,755
599,201	6.66		5.96	206,647	52,955
572,258	8.01		5.	30	207,025	54,391
558,	14	7.53	6.	16	207,4	22	48,491
6	27	6.51	7.56		21	24	51,2	19
593,024		6.20	7.	15	2	17	48,685
565,004	7.	28		6.97	220,	13	47,219
596,254	5.95	5.52	220,215	49,775
10	652,880		6.42	6.27	220,728	54,932
596,784	5.94	5.66	2	26	48,092
12	657,468	6.47	7.68	228,620	54,929
519,866	6.99		5.10		23	46,057
612,941	7.72	5.38	232,777	55,239
621,707	6.46	237,300	53,976
597,215	7.31	7.43	238,765	49,576
617,427	7.36	5.28	241,957	55,454
18	572,320	6.19	6.12	251,317	48,480
602,400	7.95	6.38	254,393	53,249
575,004	6.34	5.67	255,699	49,696
667,581	5.54	7.08	262,270	52,600
569,880	7.89	275,588	50,472
644,684	6.76	7.22	277,667	53,409
605,468	6.39	5.21	277,816	52,660
599,213	6.00	279,031	50,464
610,735	6.82	279,934	49,525
603,830	7.10	287,921	49,489
617,803	7.77	6.96	289,358	49,375
529,009	8.07	5.76	294,787	48,254
573,211	6.91	296,246	46,017

Sheet2

Sheet3