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Case study: tournesol canada, ltd -writing the report

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Follow all the  STEPS # 1,2,3,4&5 . Remember that you are writing the report from the point of view of a consultant with senior management of TourneSol Canada, Ltd. as the intended audience. The report need properly citation and references, NO PLAGIARISM OR COPY FROM OTHER WEBSITE .

 

STEP 1:  Description

In this case study, you will act as a consultant for a company that crushes sunflower seeds to produce high quality refined sunflower oil for sale in the wholesale market. The company is looking for you to make a recommendation on the optimal blend of raw materials required for its next production cycle. You will use a number of decision analysis tools including time series forecasting, linear programming, and cost-profit-volume analysis to make the recommendation and provide analysis on the profitability of the company.

You will be required to submit a written report to management, and to include the spreadsheet models you used to generate price forecasts, optimize the raw material, and a perform the break-even analysis. All analysis should be done using Excel and the various models should be implemented on separate worksheets or in separate workbooks.

STEP 2 :  Scenario:

See attache

 

STEP 3:  Suggested Approach

This is a fairly complex problem. The following approach is suggested:

  1. Use the historical price data set as input to a time series forecast model in order to generate forecasted prices for the average price of sunflower seeds, oil, and mash in the next production period. Use standard measures of error to decide between a three-period moving average model or an exponential smoothing model (with α = 0.2). Use the type of model for all three time series forecasts. That is, if you decide to use the moving average model, use a three-period moving average model to fit the relevant data for all three series. Don’t use the moving average for one time series and the exponential smoothing model for another time series.
  2. Formulate a linear program to minimize the cost of raw sunflower seeds.  Use the average price of seeds forecasted from the previous step in order to determine supplier prices.
  3. Perform a cost-volume-price analysis (review the handout entitled Cost-Volume-Profit Analysis for details) using the average cost per short ton average selling price per short ton.
    • a)  You can generate an effective cost per short ton by dividing the total cost of supply (from the linear program) by the total volume (that you assumed in the linear program).
    • b)  You can generate an effective selling price per short ton from the expected percentage yields and the forecasted average price of sunflower oil and mash.
    • c)  Because of the way that the contract is written, you can assume that the purchase of raw sunflower seeds is a variable cost (you only purchase what you require).

Recall that the cost-volume-price analysis requires you to provide

  • d)  an algebraic statement of the revenue function and the cost function,
  • e)  a detailed break-even chart that includes lines for the revenue and for the total cost, fixed cost, and variable cost (a total of four lines), and
  • f)  a calculation break-even point expressed in number of short tons and percent of capacity.

STEP 4 : Management Report

Prepare a written management report that includes, the following sections:

  • 1-Purpose of the Report
  • 2-Description of the Problem
  • 3-Methodology (which would include the model formulation)
  • 4-Findings or Results
  • 5-Recommendations 
  • 6- Conclusions

STEP 5:  Be sure to address all relevant points, discuss any assumptions you are making, justify any modeling choices you have made (for example, the choice of time series forecast model), and highlight the following items in your report:

  • – a forecast of the next production period’s average price index for raw sunflower seeds, sunflower oil, and sunflower mash,
  • – a recommendation for the optimal purchasing strategy from the various suppliers,
  • – a cost-volume-profit analysis using for the recommended purchase strategy and the forecast  sunflower oil and mash     
  •   sales price,
  • – a discussion of the risks and uncertainties that are faced by the company, and
  • – an analysis and opinion on the profitability of the company in the next production period (accounting for the expected  
  •   profit or loss and the inherent risks/uncertainties.
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July 1, 2023
    

Primary Discussion Response is due by Wednesday (11:59:59pm Central), Peer Responses are due by Sunday (11:59:59pm Central).

Primary Task Response: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Interest groups play a significant role in contemporary American politics, on a wide range of public policy issues, from healthcare (Affordable Care Act, for example) to gun control (the NRA is a well-known example), and from financial services regulation to regulating food production.

For this discussion board, choose an interest group that appeals to you and then identify a public policy issue that your selected interest group is working on impacting. In addition, include the following information:

  • What types of activities are conducted by your interest group? Provide examples of activities undertaken by the group within the last 12 months. Activities can include lobbying, television or radio spots, media spots, rallies or other activities. Also, if available, provide links to any news articles about the organization’s activities or press releases from the organization or other articles from the organization’s website for your classmates’ reference.
  • How is your chosen interest group connected to the average citizen, if at all? Provide examples of average citizens’ involvement in your chosen interest group, if any. If your chosen interest group rarely or does not interact with the average citizen, please discuss how the work of your chosen interest group indirectly impacts the average citizen, if at all.
  • Do you believe that interest groups do, or have the ability to, promote corruption in government? Explain your position. If they do or have the potential to do so, why do you believe so? If not, what do you think prevents them from corrupting government? Support your position with specific examples.

Responses to Other Students: Respond to at least 2 of your fellow classmates with a reply of at least 100 words about their primary task response. To help you with your discussion, please consider the following questions:

  • What did you learn from your classmate's posting?
  • What additional questions do you have after reading the posting?
  • What clarification do you need regarding the posting?
  • What differences or similarities do you see between your posting and other classmates' postings?

 

 

 

 

 

Individual project

 

Weekly tasks or assignments (Individual Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

PHASE 3 OUTLINE - THIS PROJECT MUST BE SUBMITTED IN OUTLINE FORM

After researching your topic and finding reliable sources, the next step is to use the information you have found to develop a working outline. In this assignment, you will build from your annotated bibliography. Using the same topic you researched in phase 2, you will plan and outline a Problem/Solution essay. You will use this outline to create a rough draft.

Before creating your first draft of the Problem/Solution essay, you will create a double-spaced outline that plans out your Problem/Solution essay in process.

The outline should begin with your Thesis Statement and introduce the Problem/Issue.

A well-integrated outline will include evidence of outside research integration, including specific statistics and data. Avoid using single word descriptions.  The stronger outline will be the more detailed and developed outline. 

Your Outline should contain the following:

  • A thesis statement
  • Topic sentences
  • Supporting information in the form of quotes or paraphrased passages
  • A properly formatted reference page with at least two reliable sources
  • Proper in text citations

In addition to these structural guidelines your individual project should also contain the following:

  • A cover page
  • Headers
  • Page numbers

Be double-spaced using 12 point, Times New Roman, Arial, or Courier fonts. Please submit your assignment.

default image
July 1, 2023
    

Primary Discussion Response is due by Wednesday (11:59:59pm Central), Peer Responses are due by Sunday (11:59:59pm Central).

Primary Task Response: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Interest groups play a significant role in contemporary American politics, on a wide range of public policy issues, from healthcare (Affordable Care Act, for example) to gun control (the NRA is a well-known example), and from financial services regulation to regulating food production.

For this discussion board, choose an interest group that appeals to you and then identify a public policy issue that your selected interest group is working on impacting. In addition, include the following information:

  • What types of activities are conducted by your interest group? Provide examples of activities undertaken by the group within the last 12 months. Activities can include lobbying, television or radio spots, media spots, rallies or other activities. Also, if available, provide links to any news articles about the organization’s activities or press releases from the organization or other articles from the organization’s website for your classmates’ reference.
  • How is your chosen interest group connected to the average citizen, if at all? Provide examples of average citizens’ involvement in your chosen interest group, if any. If your chosen interest group rarely or does not interact with the average citizen, please discuss how the work of your chosen interest group indirectly impacts the average citizen, if at all.
  • Do you believe that interest groups do, or have the ability to, promote corruption in government? Explain your position. If they do or have the potential to do so, why do you believe so? If not, what do you think prevents them from corrupting government? Support your position with specific examples.

Responses to Other Students: Respond to at least 2 of your fellow classmates with a reply of at least 100 words about their primary task response. To help you with your discussion, please consider the following questions:

  • What did you learn from your classmate's posting?
  • What additional questions do you have after reading the posting?
  • What clarification do you need regarding the posting?
  • What differences or similarities do you see between your posting and other classmates' postings?

 

 

 

 

 

Individual project

 

Weekly tasks or assignments (Individual Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

PHASE 3 OUTLINE - THIS PROJECT MUST BE SUBMITTED IN OUTLINE FORM

After researching your topic and finding reliable sources, the next step is to use the information you have found to develop a working outline. In this assignment, you will build from your annotated bibliography. Using the same topic you researched in phase 2, you will plan and outline a Problem/Solution essay. You will use this outline to create a rough draft.

Before creating your first draft of the Problem/Solution essay, you will create a double-spaced outline that plans out your Problem/Solution essay in process.

The outline should begin with your Thesis Statement and introduce the Problem/Issue.

A well-integrated outline will include evidence of outside research integration, including specific statistics and data. Avoid using single word descriptions.  The stronger outline will be the more detailed and developed outline. 

Your Outline should contain the following:

  • A thesis statement
  • Topic sentences
  • Supporting information in the form of quotes or paraphrased passages
  • A properly formatted reference page with at least two reliable sources
  • Proper in text citations

In addition to these structural guidelines your individual project should also contain the following:

  • A cover page
  • Headers
  • Page numbers

Be double-spaced using 12 point, Times New Roman, Arial, or Courier fonts. Please submit your assignment.

default image
July 1, 2023
    

Primary Discussion Response is due by Wednesday (11:59:59pm Central), Peer Responses are due by Sunday (11:59:59pm Central).

Primary Task Response: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Interest groups play a significant role in contemporary American politics, on a wide range of public policy issues, from healthcare (Affordable Care Act, for example) to gun control (the NRA is a well-known example), and from financial services regulation to regulating food production.

For this discussion board, choose an interest group that appeals to you and then identify a public policy issue that your selected interest group is working on impacting. In addition, include the following information:

  • What types of activities are conducted by your interest group? Provide examples of activities undertaken by the group within the last 12 months. Activities can include lobbying, television or radio spots, media spots, rallies or other activities. Also, if available, provide links to any news articles about the organization’s activities or press releases from the organization or other articles from the organization’s website for your classmates’ reference.
  • How is your chosen interest group connected to the average citizen, if at all? Provide examples of average citizens’ involvement in your chosen interest group, if any. If your chosen interest group rarely or does not interact with the average citizen, please discuss how the work of your chosen interest group indirectly impacts the average citizen, if at all.
  • Do you believe that interest groups do, or have the ability to, promote corruption in government? Explain your position. If they do or have the potential to do so, why do you believe so? If not, what do you think prevents them from corrupting government? Support your position with specific examples.

Responses to Other Students: Respond to at least 2 of your fellow classmates with a reply of at least 100 words about their primary task response. To help you with your discussion, please consider the following questions:

  • What did you learn from your classmate's posting?
  • What additional questions do you have after reading the posting?
  • What clarification do you need regarding the posting?
  • What differences or similarities do you see between your posting and other classmates' postings?

 

 

 

 

 

Individual project

 

Weekly tasks or assignments (Individual Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.

PHASE 3 OUTLINE - THIS PROJECT MUST BE SUBMITTED IN OUTLINE FORM

After researching your topic and finding reliable sources, the next step is to use the information you have found to develop a working outline. In this assignment, you will build from your annotated bibliography. Using the same topic you researched in phase 2, you will plan and outline a Problem/Solution essay. You will use this outline to create a rough draft.

Before creating your first draft of the Problem/Solution essay, you will create a double-spaced outline that plans out your Problem/Solution essay in process.

The outline should begin with your Thesis Statement and introduce the Problem/Issue.

A well-integrated outline will include evidence of outside research integration, including specific statistics and data. Avoid using single word descriptions.  The stronger outline will be the more detailed and developed outline. 

Your Outline should contain the following:

  • A thesis statement
  • Topic sentences
  • Supporting information in the form of quotes or paraphrased passages
  • A properly formatted reference page with at least two reliable sources
  • Proper in text citations

In addition to these structural guidelines your individual project should also contain the following:

  • A cover page
  • Headers
  • Page numbers

Be double-spaced using 12 point, Times New Roman, Arial, or Courier fonts. Please submit your assignment.

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