Manager of a major supermarket

Assignment Help Business Management
Reference no: EM132152764

Suppose as a manager of a major supermarket/grocery store (e.g., Safeway, Trader Joe's, etc.) you need to choose an appropriate data analytics technique to support product pricing and promotion decisions. The supermarket has accumulated a great deal of past sales data and you would like to use it to learn from it and use that knowledge for such decisions. You are considering using one of the following data mining techniques for this purpose: (1) Linear regression (2) Cluster analysis [A] Which one of the above techniques would you choose and why? (30 points) [B] What variables would you include in the analysis you selected above?

Reference no: EM132152764

Questions Cloud

Part of the framework for ethics audit : Which of the following is part of the framework for an Ethics audit? The three controls in a business ethics program are as follows:
Would this be good idea in terms of the new profitability : Suppose that 10 more labor hours for machine A could be bought for $150. Would this be a good idea in terms of the new profitability?
How international financial markets works : By accomplishing these objectives understand forces of globalization and how international financial markets works. Also I will be able to understand.
Define difference between the short run and long run : Let's assume that you own a fast food restaurant and you are faced with many customers each day eating in the restaurant without any tables.
Manager of a major supermarket : Suppose as a manager of a major supermarket/grocery store (e.g., Safeway, Trader Joe's, etc.) you need to choose an appropriate data analytics technique
A process that is within statistical control : A process that is within statistical control. In order to be able to make changes to a process, it is most critical to have the buy-in and involvement of the.
Explain the marketing strategies and patient engagement : Discussion: Customers - What is the connection between marketing strategies and patient engagement?
What retail locations are best for department stores : What retail locations are best for department stores, consumer electronics category killers, specialty apparel stores, and warehouse stores?
Risk management assessment and preparation : Explain the processes involved in undertaking a risk management assessment and preparation of a risk management plan for one of the following Fiji tourist

Reviews

Write a Review

Business Management Questions & Answers

  Identify an issue related to the perception of business

Introduce yourself to the class and identify an issue related to the perception of business as a part of society. Is business seen as good or bad

  Online courses and more

How has technology helped colleges to make their teaching skills better and to be able to do online courses and more.?

  Think about the response from the ceo of united

What do you think about the response from the CEO of United? The United Airlines statement reads: "Flight 3411 from Chicago to Louisville was overbooked.

  Determining the transformational leadership

Credibility is essential to effective, transformational leadership: from resolving various critical issues and problems that organizational leaders face to developing a passionate constituency who will follow and be stimulated by a collective visi..

  Critical part of analyzing the feasibility of projects

Explain why any proposed process change requires cost estimating. Determine whether or not cost estimating is a critical part of analyzing the feasibility.

  Describe the leadership style that lieutenant colonel yaron

Describe the leadership style that Lieutenant Colonel Yaron exhibited as the commander of a battalion for the evacuation operation. Provide three examples of his leadership actions and behavior.

  Explain about democratic or laissez-faire style

Would you prefer to work for a leader with an autocratic, democratic or laissez-faire style and Are there circumstances where autocratic leadership might be preferable and more efficient?

  Select a country except one in north america

Select a country except one in North America. This country will be the foundation for this assignment and subsequent individual assignments.

  Trade cycles in business decisions

Relevance of business fluctuations and trade cycles in business decisions?

  Dictionaries and encyclopedias may be used

A minimum of three references are required. Two must be from the APUS Library (See Course Guide for help). Wikipedia is NOT a valid Academic source. Dictionaries and encyclopedias may be used; however, they do not count towards your minimum two libra..

  Description of incentive plansselect three different

description of incentive plansselect three different incentive plans list the pros and cons for each plan. for a

  What is the intrinsic value of stock

The current risk-freerate is 2.70% and the market return (RM) is 12.40%. Assuming that CAPM holds, what is the intrinsic value of this stock?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd