Specific problem on which the team has been working

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Reference no: EM133381278

Question: Your progress report should discuss in detail the specific problem on which the team has been working. It should contain the detailed description of the problem, the model, the result obtained so far, and the scope of the remaining work.

We change the first model from proposal. So for this one total around 1.5 Pages. Please don't write too much about the data, I can't handle it. highlight what you wrote. Let me know if u hava any question.

1. Introduction

2. Commence

2.1 Storyline

2.2 Objectives

3.Construction and Simulation

3.1 Coffee Futures Model

3.2 Sales Promotion Model

4.Conclusion and Analysis

three models:

1. Option Model (Brownian Motion)-3.2 Derivatives: Forwards, Futures and Options-P28

Gaining income through option pricing

2. Price Strategy (Promotion Model)-2.2 A Sales Promotion Model-P21

In order to increase sales, the company proposes two different pricing strategies, choose the best one

3. Strategic acquisition (Markov chain)-5.2 Social Mobility-P43

For further development, the company considers the acquisition of an existing cafe, and judges the future development of the cafe based on the probability matrix.

Reference no: EM133381278

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