Tuesday, June 23, 2015

Who will meet the target first?

Few groups of sales professionals are given some sales target. They divide the target in 5 equal parts and plan to complete these parts at different rates. Their plan depend on their experience in similar product, area and sales. There are four plans given below by four different sales teams. Which one will achieve the target fastest. Numbers given below are sales rate for first part, 2nd part, 3rd part, 4th part and 5th part of the target respectively in numbers/day..

A) 25, 40, 60, 75, 50
B) 60, 90, 50, 30, 20
C) 40, 40, 60, 60, 50
d) 50, 50, 50, 50, 50.

What kind of statistical analysis can help us in taking right decision?

2 comments:

  1. Analyzing under certainty. Can help us in taking right decision

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  2. Numerical Analysis _Linear Prg (Operations Research)

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