Essentials Of Business Analytics
Essentials Of Business Analytics
1st Edition
ISBN: 9781285187273
Author: Camm, Jeff.
Publisher: Cengage Learning,
bartleby

Videos

Textbook Question
Book Icon
Chapter 2, Problem 3P

Ohio Logistics manages the logistical activities for firms by matching companies that need products shipped with carriers that can provide the best rates and best service for the companies. Ohio Logistics is very concerned that its carriers deliver their customers’ material on time, so it carefully monitors the percentage of on-time deliveries. The following table contains a list of the carriers used by Ohio Logistics and the corresponding on-time percentages for the current and previous years.

Chapter 2, Problem 3P, Ohio Logistics manages the logistical activities for firms by matching companies that need products

  1. a. Sort the carriers in descending order by their current year’s percentage of on-time deliveries. Which carrier is providing the best service in the current year? Which carrier is providing the worst service in the current year?
  2. b. Calculate the change in percentage of on-time deliveries from the previous to the current year for each carrier. Use Excel’s conditional formatting to highlight the carriers whose on-time percentage decreased from the previous year to the current year.
  3. c. Use Excel’s conditional formatting tool to create data bars for the change in percentage of on-time deliveries from the previous year to the current year for each carrier calculated in part b.
  4. d. Which carriers should Ohio Logistics try to use in the future? Why?
Blurred answer
Students have asked these similar questions
Sketch to scale the orbit of Earth about the sun. Graph Icarus’ orbit on the same set of axesWhile the sun is the center of Earth’s orbit, it is a focus of Icarus’ orbit. There aretwo points of intersection on the graph. Based on the graph, what is the approximate distance between the two points of intersection (in AU)?
The diameters of ball bearings are distributed normally. The mean diameter is 67 millimeters and the standard deviation is 3 millimeters. Find the probability that the diameter of a selected bearing is greater than 63 millimeters. Round to four decimal places.
Suppose you like to keep a jar of change on your desk. Currently, the jar contains the following: 22 Pennies 27 Dimes 9 Nickels 30 Quarters   What is the probability that you reach into the jar and randomly grab a penny and then, without replacement, a dime? Express  as a fraction or a decimal number rounded to four decimal places.

Chapter 2 Solutions

Essentials Of Business Analytics

Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Text book image
Functions and Change: A Modeling Approach to Coll...
Algebra
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Cengage Learning
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY
Optimization Problems in Calculus; Author: Professor Dave Explains;https://www.youtube.com/watch?v=q1U6AmIa_uQ;License: Standard YouTube License, CC-BY
Introduction to Optimization; Author: Math with Dr. Claire;https://www.youtube.com/watch?v=YLzgYm2tN8E;License: Standard YouTube License, CC-BY