Assume you are working as a Research Analysis and management Consultant for reputed multinational Organization, who produces IRON WELDING ROTS. Now you have been asked to do the research study about their workers output. Presently 100,000 employees are employed in Rots production department.
For this research study you are required to take minimum 100 workers output as a sample.
(Workers numbers can be started start from 1-100 and output may very from 1200 to 1600Nos.)
1. Identify a proper plan for the collection of data for a given business problem and classify and summarize the data as a meaningful table.
2. Analyze the data and find solutions for business scenario using measures of dipersion values.
3. Prepare a forecast for next six months using Time series analysis and correlation.
4. Write a report with regards to your findings in task 2 and task 3.
5. Explain the use and benefits of the following techniques and evaluate the importance of those for organizations.
A-Net Work Analysis
B-Liner Programming
6. Explain the reliability of above techniques decisions (With your own examples).