Identify seasonality and trend in the 201x year

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Reference no: EM132449839 , Length: 2 pages

Case Study Question:

Gerry's Business Data for Year ending June 201X

Driver Data

Age

Number

Ave

Annual Wage $000's

Ave. kms./ Driver / Year

Total $ Fines for Group

Gym

Membership

Ave. Sick Days / Year / Driver

Ave Turnover %

21-30

6

43.5

141,000

10,560

5

7

9.3

31-40

27

46.2

138,500

35,640

19

7

5.2

41-50

23

46.7

135,500

20,240

12

11

2.9

51-60

18

44.3

132,600

7,920

5

14

1.2

>60

2

42.3

129,500

440

0

16

0.5

Total

76

46.2

 

$74,800

41

 

 

Business Data

Month

Orders Received

$000''s

Sales Invoiced $000's

Total kms Driven (000's)

Jul

1,790

1,883

998

Aug

1,665

1,782

928

Sept

1,670

1,680

875

Oct

1,590

1,620

839

Nov

1,515

1,580

836

Dec

1,100

1,540

796

Jan

1,450

1,170

583

Feb

1,680

1,550

795

Mar

1,705

1,650

855

Apr

1,738

1,680

875

May

1,605

1,783

924

Jun

1,660

1,895

1,008

Total

19,168

19,813

10,312

 Customer Data

Customer

Orders Received

$000''s

Sales Invoiced $000's

Total kms Driven (000's)

A

11,180

11,650

6,132

B

2,995

3,260

1,707

C

1,395

1,450

755

D

1,055

1,085

570

E

955

986

505

All Others

1,588

1,382

643

Total

19,168

19,813

10,312

Part a) Gerry, the owner of Gerry's Transport Pty. Ltd. wants you to respond to the following:

Part b) Gerry's company employs 76 drivers. 20 are aged over 50 years, and of these, 5 go to a gym regularly. Of the drivers under 50 years, 36 attend a gym regularly. As long distance driving is physically demanding Gerry is concerned that the lack of regular exercise may affect the performance of the over 50 drivers. Gerry has asked you to look at the available data, specifically gym membership, sick days and Kms. driven, to see if there is any statistical evidence to show performance is affected by not having gym membership. Respond to Gerry with supporting statistical evidence.

Part c) Gerry's pays his drivers a fixed weekly wage, which varies according to age and experience. Some of the drivers are asking to be paid on a $ rate per kilometre basis as they say the current pay basis favours older drivers and penalises younger ones. Gerry does not, in principle, have a problem with this, but he would like some statistical data to enable him to make a decision. Are the younger drivers correct in their assertion? Support your answer with appropriate statistical data.

Part d) Gerry has a "gut feeling" that his business is both seasonal and trending downwards. Using the Orders Received and Sales Invoiced data, identify any seasonality and trend in the 201X year.

Part e) Gerry would like to see in graphical form
• a comparison of sales invoiced by customer with orders received by customer, and
• Amount invoiced by kilometre by customer

Create illustrative graphs and add any comments that Gerry might be interested in.

Part f) Undertake your own internet research to answer the following questions:

i. In Gerry's Driver Data the average wage for a truck driver was quoted as $46,200 p.a. Is this amount realistic currently? Reference your sources.

ii. Was the sales amount invoiced per Km to Gerry's customers realistic in today's economic climate? Again reference your sources.

Attachment:- Case Study Question.rar

Reference no: EM132449839

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