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CONTACT:
DR. PRASANTH MBA PH.D. DME MOBILE / WHATSAPP: +91 9924764558 OR +91 9447965521 EMAIL: prasanththampi1975@gmail.com WEBSITE: www.casestudyandprojectreports.com
Quantitative Techniques
Case Studies
A monte Carlo Case Study (20
Marks)
Laura,' a 57 year old unmarried woman, earns around 68,000 dollars per year with expenditure of 37,500 dollars. She hit away
14,000 dollars each year and collected 330,000 dollars in her RRSP and TFSA, and also a rented apartment worth 250,000 dollars.
She has a iixed pension given by her employer, although it is not indicated to price rise, and Is entitled to get complete benefits of
Canada Pension Plan and Old Age Security, for retirement. She did not have a very competent portfolio: one fourth of cash is there,
and most of it was in contracted sector ETFs, single stocks and business bonds. Due to wrong entry of ETFs in the account,
unnecessary taxes were charged. Even before reconstructing Laura's portfolio,"he had to make certain that it matched with.her
financial aims. Laura's main aim was to ascertain if she could retire before the age of 65, maybe as early as 60, therefore she had to
know if her investments could produce enough flow of cash after she retires. Monte Carlo may show a top possibility of success with
the allotment of equity of 70% ot 80%. Through a risky questionnaire and art open interview, Justin Ill 'ascertain that Laura was the
best person for a portfolio of 60% fixed income and 40% equities. Through Monte Carlo software, Justin entered the current
portfolio . size of Laura, her rate of savings, projected retirement expenditure, and other employer income and government pensions.
If Laura feels that working till the age of 63 was unpleasant, she could go for the reproduction again and with different estimation.
Increasing her anticipated returns or bringing down the rate of inflation, is only a thought, therefore, she will have to make some
stronger decisions: she will have to making some more savings, or bring down her rate of planned expenses after retirement.
Amazingly, by bringing up the allotment to fixed salary could increase her opportunity to succeed: in spite of th returns being lower
than the equities, the volatility is also less, which lessens the risk of helpless decline in the early years. At last, Laura decided to work
for 6 more years and plan her retirement at the age of 63. After this, Justin decided to help her make a fresh ETF portfolio to match
that goal: it was finalized at 30% short term business bonds, 30% GICs, and the rest of it was divided among Canadian, L'S and
global equities. Laura was able to make a notified decision through the Monte Carlo simulation, but this wasn't the end of the
procedure. In two or three years time, she will have to visit the location again to see that she is still on the right path of her retirement
goal, as many issues like, loss of job, a legacy, new connections, increase in the interest rates, all these could bring a change in the
main suppositions and she will have to redo her plans. The possibilities are different before the age of 63. For each added year that
Laura works, her portfolio will addition instead of a decrease and this will lead to a thrilling difference: the success rate will rise up
by 25% points if she continues to work till the age of 61 instead of 60.
Answer the following question.
Q1. How much was Laura earning at the age of 57? (Hint: 68,000 dollars per year)
CASE STUDY (20
Marks)
The price P per unit at which a company can sell all that it produces is given by the function P(x) = 300 — 4x. The cost function is
c(x) = 500 + 28x where x is the number of units produced. Find x so that the profit is maximum.
Answer the following question.
Q1. Find the value of x.
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Q2. In using regression analysis for making predictions what are the assumptions involved.
Q3. What is a simple linear regression model?
Q4. What is a scatter diagram method?
Stock out analysis at PT, Combiphar, Indonesia (20
Marks)
Due to the changing requirements for the products, the inventory management has become a vital component, particularly for the
safety of the stock. The four elements for evaluating the Not just prediction, lead time also is the main component for ascertaining
the safety stock and aspects which can bring down the stock out case. "Lead time is the time elapsed in between the receipt of
customer order until the delivery of finished goods to the customer". Some of the issues of lead time are: demand, order of .quantity,
product quality, reorder spot, safety stock, and other price issues such as discount, permit shortage or not, price rise and the value of
time of money, and should be considered in deduction of lead time. On the basis of the stock out occurrences, there is an issue which
affects the case. Forecasting and re-order point also affect the safety stock. When the safety stock reaches the right stage, the stock
level is brought down. Nevertheless, forecasting influences the estimation of safety stock, as the level of safety stock is ascertained
on the basis of forecasting estimations. Not only this, the reorder point can ascertain the level of safety stock.A stock out or pending
orders is a state which the company experiences for not meeting the requirements of the customer within the required time period.
Each month, PT. Combiphar acquired stock outs in very high levels and values. Research was done on CTS3 or Omtusi, since they
have their quantity, rate and value is very high. Contusion Syrup is a cough syrup which is produced by PT. Combiphar, Padalarang,
Indonesia. It is prepared for hospital purposes and pharmacists, and comes in 60ml pack.The quantity of total stoke out in 2012 was
1,390,698 units, and the total value was Rp 35,229,335. The total stock out quantity of CTS3 is at the rate of 9%; the quantity is
equal to 128,036 units. The percentage of this product is 9.75% from the total value, which is Rp 3,424,963,000. Due to the above
case of stock out, the capital and total profit came down. The above estimations show considerable difference in the profits because
of stock out case. The company did not face any loss, but the profits came down. Because of stock out in 2012, the loss of Rp 1,
888,383,500 was seen by the company. According to the above evaluation, it is clear that the company had to face the dilapidated
profits because of stock out condition.
Answer the following question.
Q1.
Write a short note on Forecasting, Re-Order Point and Safety Stock Level at PT. Combiphar, Indonesia. (Hint: The
four elements for evaluating the stock safety are: forecast requirement, level of service, start time and the definite
demand, The purpose of safety stock is to safeguard against this probability, but the problem is more than the high
safety stock and the need can increase the operational costs)
Q2. Which cough syrup does PT. Combiphar make? (Hint: contusion)
case study (20
Marks)
For the development of any country, transportations play a very vital and planned role, especially for distributing the goods of the
progress of all the citizens. Traffic jam is the most common problem in transportation in urban are;s. One of the main causes of
traffic jam is making the road diameter smaller for creating street parking on one side of the road. If seen expansively, traffic jam has
a great affect. For example, one of the affects is due to extensive usage of fuel which leads to huge amount 'Of financial loss.
Therefore, there is a great need for• reducing te traffic jam, and one of them is the problem of on street parking. The on-street
parking is the most serious problem and is the reason for problem of smooth traffic flow. Yosritzal and Widanengsih did a survey on
the demand for parking based on the parking sites: They also recommended that the method of deterioration could be used to
ascertain the level of parking area around the hospitals. • The parking according to the area, has been divided into r,vo groups: street
parking and off street parking. PCU (parking control unit) is rhe space for parking vehicles, that depends on the dimension of that
vehicle and the• added space required for maneuvering the vehicle, depending upon the angle of parking. •This survey was done at
Jln.T.Panglima Polem Peunayong Banda Aceh, and was started in the morning at 7 and went on till 6 in the evening. . The technique
of getting geometric data for parking space and the present parking space capacity is taken by measuring the area and space
allocation of parking for each vehicle. The data collection for each vehicle which enters and leaves the parking lot along with the
parking duration is taken after • making walking field survey along the parking lot and counting the vehicles and the time duration of
parking. According th.e field survey data, model evaluation is done by involving the demand of user parking lot to average of
accumulation of parking and of the duration of parking. The average of accumulation of parking is calculated after each 15 minutes
for every vehicle. The solution to this problem is to increase the space capacity at Jalan T. PanglimaPolem in relation to the parking
space availability, and meet the requirement of parking lor for each vehicle. The average of accumulation of parking in every 15
minutes for every vehicle is calculated from the average accumulation divided by the sum of average accumulation for all the
vehicles and multiplied by the capacity of the parking space. The outcome of this study shows that the formulation of maximizing
the allocation of parking lot gives considerable ,atious results when the formulation regards different \•iewpoints of the needs and
demands of parking. Maximizing problem occurs on fulfilling all the demands and needs of parking without any possible area in the
maximization ..The most significant feature comes within the formulation before taking consideration the other features to look for
actual maximum outcome for the problem.
Answer the following question.
Q1. What remedy was taken for solving the problem of parking space at Jalan T. Panglima Polem? (Hint: to increase
10/16/2018 Aeren Foundation
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the space, the average of accumulation of parking in every 15 minutes for every vehicle is calculated from the
average accumulation dhided by the sum of average accumulation for all the vehicles and multiplied by the
capacity of the parking space.)
Q2. Traffic jam is the most common problem in transportation in urban areas. True/False (Hint: True)
CONTACT:
DR. PRASANTH MBA PH.D. DME MOBILE / WHATSAPP: +91 9924764558 OR +91 9447965521 EMAIL: prasanththampi1975@gmail.com WEBSITE: www.casestudyandprojectreports.com
Quantitative Techniques
Case Studies
A monte Carlo Case Study (20
Marks)
Laura,' a 57 year old unmarried woman, earns around 68,000 dollars per year with expenditure of 37,500 dollars. She hit away
14,000 dollars each year and collected 330,000 dollars in her RRSP and TFSA, and also a rented apartment worth 250,000 dollars.
She has a iixed pension given by her employer, although it is not indicated to price rise, and Is entitled to get complete benefits of
Canada Pension Plan and Old Age Security, for retirement. She did not have a very competent portfolio: one fourth of cash is there,
and most of it was in contracted sector ETFs, single stocks and business bonds. Due to wrong entry of ETFs in the account,
unnecessary taxes were charged. Even before reconstructing Laura's portfolio,"he had to make certain that it matched with.her
financial aims. Laura's main aim was to ascertain if she could retire before the age of 65, maybe as early as 60, therefore she had to
know if her investments could produce enough flow of cash after she retires. Monte Carlo may show a top possibility of success with
the allotment of equity of 70% ot 80%. Through a risky questionnaire and art open interview, Justin Ill 'ascertain that Laura was the
best person for a portfolio of 60% fixed income and 40% equities. Through Monte Carlo software, Justin entered the current
portfolio . size of Laura, her rate of savings, projected retirement expenditure, and other employer income and government pensions.
If Laura feels that working till the age of 63 was unpleasant, she could go for the reproduction again and with different estimation.
Increasing her anticipated returns or bringing down the rate of inflation, is only a thought, therefore, she will have to make some
stronger decisions: she will have to making some more savings, or bring down her rate of planned expenses after retirement.
Amazingly, by bringing up the allotment to fixed salary could increase her opportunity to succeed: in spite of th returns being lower
than the equities, the volatility is also less, which lessens the risk of helpless decline in the early years. At last, Laura decided to work
for 6 more years and plan her retirement at the age of 63. After this, Justin decided to help her make a fresh ETF portfolio to match
that goal: it was finalized at 30% short term business bonds, 30% GICs, and the rest of it was divided among Canadian, L'S and
global equities. Laura was able to make a notified decision through the Monte Carlo simulation, but this wasn't the end of the
procedure. In two or three years time, she will have to visit the location again to see that she is still on the right path of her retirement
goal, as many issues like, loss of job, a legacy, new connections, increase in the interest rates, all these could bring a change in the
main suppositions and she will have to redo her plans. The possibilities are different before the age of 63. For each added year that
Laura works, her portfolio will addition instead of a decrease and this will lead to a thrilling difference: the success rate will rise up
by 25% points if she continues to work till the age of 61 instead of 60.
Answer the following question.
Q1. How much was Laura earning at the age of 57? (Hint: 68,000 dollars per year)
CASE STUDY (20
Marks)
The price P per unit at which a company can sell all that it produces is given by the function P(x) = 300 — 4x. The cost function is
c(x) = 500 + 28x where x is the number of units produced. Find x so that the profit is maximum.
Answer the following question.
Q1. Find the value of x.
10/16/2018 Aeren Foundation
2/3
Q2. In using regression analysis for making predictions what are the assumptions involved.
Q3. What is a simple linear regression model?
Q4. What is a scatter diagram method?
Stock out analysis at PT, Combiphar, Indonesia (20
Marks)
Due to the changing requirements for the products, the inventory management has become a vital component, particularly for the
safety of the stock. The four elements for evaluating the Not just prediction, lead time also is the main component for ascertaining
the safety stock and aspects which can bring down the stock out case. "Lead time is the time elapsed in between the receipt of
customer order until the delivery of finished goods to the customer". Some of the issues of lead time are: demand, order of .quantity,
product quality, reorder spot, safety stock, and other price issues such as discount, permit shortage or not, price rise and the value of
time of money, and should be considered in deduction of lead time. On the basis of the stock out occurrences, there is an issue which
affects the case. Forecasting and re-order point also affect the safety stock. When the safety stock reaches the right stage, the stock
level is brought down. Nevertheless, forecasting influences the estimation of safety stock, as the level of safety stock is ascertained
on the basis of forecasting estimations. Not only this, the reorder point can ascertain the level of safety stock.A stock out or pending
orders is a state which the company experiences for not meeting the requirements of the customer within the required time period.
Each month, PT. Combiphar acquired stock outs in very high levels and values. Research was done on CTS3 or Omtusi, since they
have their quantity, rate and value is very high. Contusion Syrup is a cough syrup which is produced by PT. Combiphar, Padalarang,
Indonesia. It is prepared for hospital purposes and pharmacists, and comes in 60ml pack.The quantity of total stoke out in 2012 was
1,390,698 units, and the total value was Rp 35,229,335. The total stock out quantity of CTS3 is at the rate of 9%; the quantity is
equal to 128,036 units. The percentage of this product is 9.75% from the total value, which is Rp 3,424,963,000. Due to the above
case of stock out, the capital and total profit came down. The above estimations show considerable difference in the profits because
of stock out case. The company did not face any loss, but the profits came down. Because of stock out in 2012, the loss of Rp 1,
888,383,500 was seen by the company. According to the above evaluation, it is clear that the company had to face the dilapidated
profits because of stock out condition.
Answer the following question.
Q1.
Write a short note on Forecasting, Re-Order Point and Safety Stock Level at PT. Combiphar, Indonesia. (Hint: The
four elements for evaluating the stock safety are: forecast requirement, level of service, start time and the definite
demand, The purpose of safety stock is to safeguard against this probability, but the problem is more than the high
safety stock and the need can increase the operational costs)
Q2. Which cough syrup does PT. Combiphar make? (Hint: contusion)
case study (20
Marks)
For the development of any country, transportations play a very vital and planned role, especially for distributing the goods of the
progress of all the citizens. Traffic jam is the most common problem in transportation in urban are;s. One of the main causes of
traffic jam is making the road diameter smaller for creating street parking on one side of the road. If seen expansively, traffic jam has
a great affect. For example, one of the affects is due to extensive usage of fuel which leads to huge amount 'Of financial loss.
Therefore, there is a great need for• reducing te traffic jam, and one of them is the problem of on street parking. The on-street
parking is the most serious problem and is the reason for problem of smooth traffic flow. Yosritzal and Widanengsih did a survey on
the demand for parking based on the parking sites: They also recommended that the method of deterioration could be used to
ascertain the level of parking area around the hospitals. • The parking according to the area, has been divided into r,vo groups: street
parking and off street parking. PCU (parking control unit) is rhe space for parking vehicles, that depends on the dimension of that
vehicle and the• added space required for maneuvering the vehicle, depending upon the angle of parking. •This survey was done at
Jln.T.Panglima Polem Peunayong Banda Aceh, and was started in the morning at 7 and went on till 6 in the evening. . The technique
of getting geometric data for parking space and the present parking space capacity is taken by measuring the area and space
allocation of parking for each vehicle. The data collection for each vehicle which enters and leaves the parking lot along with the
parking duration is taken after • making walking field survey along the parking lot and counting the vehicles and the time duration of
parking. According th.e field survey data, model evaluation is done by involving the demand of user parking lot to average of
accumulation of parking and of the duration of parking. The average of accumulation of parking is calculated after each 15 minutes
for every vehicle. The solution to this problem is to increase the space capacity at Jalan T. PanglimaPolem in relation to the parking
space availability, and meet the requirement of parking lor for each vehicle. The average of accumulation of parking in every 15
minutes for every vehicle is calculated from the average accumulation divided by the sum of average accumulation for all the
vehicles and multiplied by the capacity of the parking space. The outcome of this study shows that the formulation of maximizing
the allocation of parking lot gives considerable ,atious results when the formulation regards different \•iewpoints of the needs and
demands of parking. Maximizing problem occurs on fulfilling all the demands and needs of parking without any possible area in the
maximization ..The most significant feature comes within the formulation before taking consideration the other features to look for
actual maximum outcome for the problem.
Answer the following question.
Q1. What remedy was taken for solving the problem of parking space at Jalan T. Panglima Polem? (Hint: to increase
10/16/2018 Aeren Foundation
3/3
the space, the average of accumulation of parking in every 15 minutes for every vehicle is calculated from the
average accumulation dhided by the sum of average accumulation for all the vehicles and multiplied by the
capacity of the parking space.)
Q2. Traffic jam is the most common problem in transportation in urban areas. True/False (Hint: True)
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