University bookstore Research Paper Example | Topics and Well Written Essays - 1250 words

University keepshop - Research Paper ExampleThe university bookstore has been in operations for the past fourteen years, the presence of the book store has been of significance for the university as healthful as the students due to the circumstance that it has been providing academic material as well as computer supplier.Due to the fact that the computer supplies are in more s beseech during he intake duration usually during the fall season or the proceeding summers. The demand arising due to the usual intake of students as well as the accumulating demand over the previous intake, causes the operations of the bookstore are affected unusually. Arising primarily from the scenario that the orders for he computer comes by dint of out the summers aside from that of that of the sophomores or the newly admitted, the competitive advantage maintained by he book store has been due to the bottom-line prices charged by he sore. Hence, considering the fact that the book sore is charging such upset prices, as the profit base and keeping in view that if the store orders to many supplies, the cash reserves become very low, besides that storage concerns have to be accounted for as well. The quantity demanded by the students for the computers likewise determines the number of employees to be hired for the installation to take place.It would be most appropriate to mention that the prediction models despite the comparison of relative accuracies remain models to forecast. Hence, their accuracies remain opened to the actual outcome of the event they forecast. As a consequence, whether it is through the means of Linear Equation, Seasonal Indexes or Smoothing Techniques such as Averages, they remain subject to the risk involved from the aspect of actual outcome.University Bookstore Computer Sale Data Table 1 The Sales for University Bookstore Student Computer Purchase Program Year1Computer sell51826513708492157756810785687929877106931184112100913902141103The above data has bee n provided in the form of a diagram on the next page, since the raw data in itself would prove to be discerning. A graphic representation is a more appropriate alternative to examine the trends in the quantity of the computers sold. The diagram