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MET AD AD571 fundamental business analysis
Assignment 2 - BA.docx | Summer 2018
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AD 571 Optimization Model for Real Estate Business Presentation
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Programming
Description
Prepare a managerial report, starting with an executive summary; expected length up to 4 pages APA format, excluding cover page, table of content, and appendixes.
- Develop an optimization model for your real estate business. Outline assumptions about market penetration, costs associated with opening and staffing an office, and the impact of the percent commission your office takes.
- Write 3-4 pages summarizing your findings with a focus on the output, interpretation of the output, and what the insights mean for our decision-making process. Use the following description of the scenario for your optimization model（see attached）
- Develop an executive level presentation to explain the process and the recommendations for the next steps of the business. The goal is to explain to an audience that is not highly technical, but all the stakeholders need to see that your model and process is credible.
- Present your business analytics model and process.
- Describe how you will manage the life cycle of your analytics model.
- Describe how your model is generating value for your company.
- Recommend next steps for the business.
Use the data from the one I gave you last time.
Unformatted Attachment Preview
Explanation & Answer
Attached. Please let me know if you have any questions or need revisions. Explaining the Optimization Model NAME: Business Analytics Model and Process Business Analytics Model and Process The previous slide contains the model’s cycle and it starts at the very root of the problem as it slowly works its way towards finding the solution to the problem. The company’s main problem was that it need to maximize its profits from the sale of commercial units and in turn reduce the total monthly operating budget. The company only has the capacity to hire three employees. The analysis done revealed that the company only needs to hire two employees so that its costs may lie within the monthly operating budget and increasing profits at the same time. How the Model Generates Money for the Company There are several ways in which the model can be used to generate money for the company. The model is essential a profit model whose aim is to minimize costs and increase profit. The model looks at various avenues such as revenue, profit, and cost optimization and comes up with optimal solutions to these problems. The constraints and variables can be adjusted to suit a particularly problem which would then be later computed. Recommendation(s) The model is a great tool for the business and not to mention that it is costeffective and easy to use. The only things that need to be change are the coefficients of the variables. The company should explore other avenues such as standardizing the commission for each sale of commercial units that would yield maximum market penetration. Executive Summary Optimizing the Company’s Net Present Value • Discussion of the Results from the Data Analysis BUSINESS OPTIMIZATION 1 Hollis Real Estate Business Optimization Student’s Name Institutional Affiliation BUSINESS OPTIMIZATION 2 Executive Summary This report focuses on the optimization model that has been developed for the real estate business in Hollis. Several assumptions were made about market penetration. The first assumption is that I may hire a maximum of three employees, rent and utilities must be paid in each office, and that whenever an office is opened in each neighborhood, a baseline market penetration and a commission is achieved. The main objective for the optimization model is to maximize the net present value of profit over the next eight quarters. Constraints were set on market penetration, the minimum square foot of the office, and the number of employees. The monthly operating budget is $15,000 and the yearly salary is $65,000. Another assumption made is that each employee would increase the company’s market penetration by 0.5%. The following section gives the output of the analysis which contains the optimal model that would maximize the net present value of profit for the company for the next 8 quarters. BUSINESS OPTIMIZATION 3 Optimizing the Company’s Net Present Value The optimization model determined the best commission rate and the optimal number of employees that should be hired in order to maximize the profit. The association between the market penetration, the number of employees, and the commission rate were crucial in determinin...
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Assignment 3 AD 571.docx. 1 Bushwick, Brooklyn, New York: Analysis on Possible Real Estate Office Location February 7, 2021 Assignment 3 Prianka Sharma Applied Business Analytics, Boston University MET AD 571: Business Analytics Foundations Professor Roman Rabinovich 2 Table of C. AD 571.
NYC Real Estate Corona 5 Average sales price and average gross square foot per sale for residential properties in Corona was calculated next at $672,260.70 and 2,593.783 sqft shown in Appendix 3.A five- number summary showing the minimum, lower quartile 5 , average, upper quartile and maximum of both sale price and gross sqft was calculated, shown in Appendix 4.
Doc - ad 715; Assignment 3 answer; Syllabus BU MET AD 715 Spring 2022; Course Calendar+Outline BU MET AD715 A3+A4 Fall 2022 Wednesday; W4 Lecture notes - week 4; W3 Lecture notes - week 3; Related documents. ... AD 571: Business Analytics Foundations B C D. 2. A AGENDA F Class 1 ##### 15 min break. E G
Individual Exercise 3: Tutorial for AD 571: Preparation for Assignment 3 — Descriptive Analytics. Concepts and Applications. Test Yourself. Respond to at least two of your classmates' posts by Monday, July 27 at 11:59 PM ET. Individual Exercise 3: Tutorial for AD 571: K-Means Clustering & T-Test Analysis in R.
Assignment 1 - Beginner's use of power BI and analyzing data with it. 7 pages 2022/2023 None. 2022/2023 None. Save. Case study 1 - Performance Lawn Equipment. 1 page 2021/2022 0% (1) 2021/2022 0% (1) Save. Other. Date Rating. year. Ratings. Case study in word doc New. 7 pages 2022/2023 None. 2022/2023 None. Save. Related Answered Questions.
MET AD 782. 1 Document. MET AD 899. 2 Documents. MET AD 619. 1 Document. MET AD 601. 1 Document. Review Boston University course notes for MET AD MET AD AD571 fundamental business analysis to get your preparate for upcoming exams or projects.
Ad 571 assignment 3; Ad 571 assignment 3. Content type User Generated. School Boston University. Course AD 571. Uploaded By ohgjul69. Pages 4. Rating Showing Page: 1/4. install.packages("odbc") install.packages("DBI") install.packages("lu bridate") install.packages("tid yverse") install.packages("dp lyr")
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BU MET AD 571 F2F Business Analytics Foundations, Fall 2023 Quizzes Details of quizzes: There are five quizzes to be completed online outside of class hours in C2, C4, C6, C8, and C10 Check the specific opening date and the due date for each quiz in the Course Schedule. There is a 40 minutes time limit for each quiz. Each quiz will consist of a total of 10 multiple choice or true false questions.
MET AD 571. Subject. Business. Date. Sep 18, 2023. Pages. 3. Uploaded by PresidentWaterBuffalo5329 on coursehero.com. Helpful Unhelpful. ... Due 10/29 by 11:59 pm ET Assignment 3: Due 10/17 by 11:59 pm ET Week 8 (10/25-10/31) Class 8 on 10/25 Lecture 8 Model Building for Selected Predictive Business Analytics -Lecture notes L8 -Evens, ...
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For this Assignment, you will critically evaluate a scholarly article related to MANOVA.Use the following article t for your critical evaluation assignment: The quality of the outdoor environment influences childrens health—A cross‐sectional study of preschools.Authors: Söderström M; The Section of General Practice, Department of Public Health and The research Unit for General Practice ...
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AD 571 - Assignment 5 Sreya Venkatesh Sabbavarapu maximum budget of $45,000. Since the value calculated for our monthly operating budget covers salaries to the employees and rent costs, we can say that in the operations point of view, it is quite feasible that an office be opened in the neighbourhood of Corona. As given to be in our optimization model, 5% has been observed to be the commission ...
Individual Exercise 1: Tutorial for AD 571: Assignment 1 — Connecting to the Data Source Quiz 1: Access from Saturday, July 11 at 9: AM ET until Monday, July 13 at 11:59 PM ET. Module 1 Live Classroom Session — Wednesday, July 8 at 8: PM ET. Lecture 1 - Introduction to Business Analytics (BA) Foundations Learning Objectives
Prepare a managerial report, starting with an executive summary; expected length up to 4 pages APA format, excluding cover page, table of content, and appendixes.Develop an optimization model for your real estate business. Outline assumptions about market penetration, costs associated with opening and staffing an office, and the impact of the percent commission your office takes.Write 3-4 ...
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AD 571 Business Analytics Foundations Professor David Ritt October 17, 2022 Assignment 2 Import your data into R-Studio. 1. Filter the data to include only residential real estate of your neighborhood. Group it by year, and summarize the data to show the average price of 1 square foot of real estate. List the results.