Management Report - Quantitive Problem Solving Essay

Management Report - Quantitive Problem Solving - Essay ExampleSince customers time is the most precious parameter, it has also been decreased drastically in alternative 3. Each car has to inhabit for only 2.52 minutes in alternative 3. In addition to that, there is only a 22.86% witness that an arriving car will have to wait for the service whereas in alternative 2 there is 50% chance and in alternative 1 the number increases to 80% which is absolutely inefficient.If the company pursues the strategy of want the initial foundation of the venture and thus have a major (almost immediate) expansion of the fledging company, the net recurrence of this strategy will be 90,000.If the company pursues the strategy of seeking the initial foundation and doing nothing in the first year and makes an expansion in the second year if the tourist attraction is built then it will result in a net payoff of 65,000.If the number of competitors is 1 then the centre number of market players will be 2 since my own company will also be operating in the market. The gross sales volume figure can be calculated by multiplying the occur number of market players with the estimated sales. Here the assumption is that the sales of all the competitors will be equal to our salesLooking at the graph, it is reasonable to infer that the sales volume will increase at a decreasing rate as the number of competitors increase because the industry sales will exhaust at some point of