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Math Help - Business Statistics

  1. #1
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    May 2012
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    India
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    Business Statistics

    *** A Very Challenging Problem on Business Statistics ***

    This problem is based on a business problem faced by FMCG companies on a day to day basis.

    For a particular region, at Time Period (T1) # Stores are 100 and Sales per Store is 20$; at Time Period (T2) # stores are 200 and Sales per Store is 30$. Now the total sales has changed from 2000$ to 6000$, is there a way we can calculate the calculate the increase in sales individually due to -

    1) Increase in no. of stores
    2) Increase in Sales per Outlet due to same store
    3) Addition of stores with high Sales per Outlet then previous set of stores

    PS: While moving from T1 to T2, there will be some stores which will drop out from 100.

    Please take assumptions as and wherever required
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  2. #2
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    Joined
    Jul 2012
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    United States
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    Re: Business Statistics

    Yes it is possible but the sales increase rate is not indicated in the problem, it can be more possible if you will include the sales rate increase.

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