farhad final case.docx - Case Study 1 BUSINESS DECISION...

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Case Study 1 BUSINESS DECISION MAKING MODELS Farhad Askani Final Case Study BUSI 2013 Business Decision Analysis Yorkville University – Vancouver Campus
Case Study 2 Contents Page 1. Purpose of the Report ............................................................................................ 3 2. Description of the Problem ..................................................................................... 3 3. Methodology ........................................................................................................... 4 4. Findings or Results .............................................................................................. 13 5. Recommendations or Conclusions ...................................................................... 14 6. Reference list ....................................................................................................... 15
Case Study 3 Abstract In this report, the different aspects of the production process of TourneSol Canada, Ltd in the future period has been planned and forecasted like its quantity of supply of material, breakeven point that the business has to achieve, market price of the product which will be procure and sold by the business and many other aspects like these. One of the finding of this report is that business has to achieve at least 61% of the capacity business to breakeven. Another finding of this report that the business purchase strategy should be to procure raw material from supplier B at 100% of the market price of sunflower seeds. 1. Introduction Forecasting and planning is an important part of the business function in the current situation as it makes the business operation more efficient. Some of the aspects which will be analysed in this report are the breakeven point of TourneSol Canada, Ltd, the forecasted market price of the products and many other aspects like these.
Case Study 4 2. Purpose of the Report The purpose of this report is to find out the forecast and plan the different aspects of the production of TourneSol Canada, Ltd, which is one of the producers in the market of high quality of Sunflower oil. One of the main aspects of production, which will be the quantity of raw material in which the company should make the contract with its raw material supplier to procure the sunflower seed of the business. Some of the other aspects are forecasted the price of sunflower seeds and mash and sunflower oil in the future period; the supplier is chosen for procurement and breakeven point of the business in terms of volume, percentage of the capacity and other measures like these. 3. Description of the Problem The Problem for which this research is being conducted is inefficiency in the production process of TourneSol Canada, which lower the profitability and cost efficiencies of the business. Therefore, the problem statement of this research is the inaccurate planning of the different aspects of the production process of the business which include the procurement price, price in which it should be procured and breakeven point of the business. Some of the research questions will guide this research are listed below. What is the price at which Sunflower seed will be procured from the supplier? What is the quantity at which the TourneSol Canada should procure its raw material from its supplier?

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