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Data input and analysis on MS excel plus a small essay commenting on the results

$30-250 USD

Completed
Posted about 7 years ago

$30-250 USD

Paid on delivery
I have some work, in an Excel spreadsheet. I have a quantitative analysis project to be done on excel with a small essay (2-3 pages) commenting on the results. Please find below all the details you will need.. Management of a petrochemical company producing special type of polymer is trying to control its inventory costs based on the optimum production policy. The weekly cost of holding one unit of this product in inventory is $300 (one unit is 100kg). The marketing department reckons that weekly demand is reasonably close to a lognormal distribution with an average of 120 units and standard deviation of 40 units. If the demand exceeds the amount of product on hand, those sales are lost - i.e. there is no backlogging of demand. The production department can produce at one of the three levels: 100, 120 or 140 units per week. The cost of changing production from week to the next is $30,000. Management would like to evaluate the following production policy. If the current inventory is less than l=30 units, then produce 140 units in the next week. If the current inventory is more than u=80 units, then produce 100 units next week. Otherwise, if the current inventory is between u=80 and l=30 units, then produce 120 units next week. The company currently has 60 units of inventory on hand and last week's production level was 120. 1- Create a spreadsheet to simulate 52 weeks of operation at this manufacturer. Graph the inventory of the product over time. What is the total cost (inventory cost plus production change cost) for the 52 weeks? - Use a simulation of 10,000 trials to estimate the average 52-week cost with values of u ranging from 50 to 100 in increments of 5. Keep l=30 for all trials. 3- Calculate the sample mean and standard deviation of the 52-week cost under each policy. Using those results, construct 90% confidence intervals for the average 52-week cost for each value of u. Make and present a graph of the average 52-week cost versus u. What is the best level of u when l=30? 4- What would be the optimum level of u and the average weekly cost if we adapt the following policy: “produce 140 if inventory level less than 30, produce 100 units if inventory level is more than 80, but keep the production level same as last week if 30<I<80”. 5- After studying the historical demand figures in more detail, the manufacturer finds that there is some degree of seasonality in the demand; in the sense that demand increases by 15% and 10% in 2 nd and 3rd quarters, respectively, and declines by 10% and 15% in quarters 4 and 1, respectively. Incorporate seasonality in simulation setting and calculate the new level of u to minimize the overall cost. (Assume the first week is the first week of the year.) 6- What other production policies might be useful to investigate?
Project ID: 13475713

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26 proposals
Remote project
Active 7 yrs ago

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Hi there. My name is Daniel and I would be glad to help you out with this project. I did take a look to all 6 questions from your problem, and I am positive I can solve them in excel, and do the respective comments in word. I can guarantee an excellent job and deliver as soon as possible. Hope to hear back from you soon.
$147 USD in 3 days
4.8 (67 reviews)
6.4
6.4
26 freelancers are bidding on average $131 USD for this job
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Greetings sir, i am an expert freelancer for this job and your 100% satisfaction is assured if you allow me to serve. Here is the reason. Why you should pick me? a) I am a very expert and have the same kind of experience of 5 years. b) I work very hard (16+ hours a day and 7 days a week) and also very fast so... it will be done very soon than most of the other providers c) And most important part is my policy: "I will give you (to my client) life time support (as long as you keep relation with me). And fix any bugs/problem without any cost. So, don't ever worry about me” Please sir, leave a reply ASAP, as I am waiting for your kind reply
$250 USD in 3 days
4.9 (130 reviews)
6.3
6.3
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Hi, I can do this job efficiently. I have more than 10 years of experience in this filed. I am flexible about working time and money. I believe work speaks better than words. Hope to have a positive response. Good day, Anamika
$147 USD in 2 days
4.8 (136 reviews)
6.2
6.2
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Hi, I'm very interested to do your project. I have great knowledge on about your project. I have already read your description and I feel like I would be a great fit for the project. I can start your project right now. I have extensive web search and data entry experience. I have huge knowledge Data entry advantage other task easily and having ability to give back to you fine result. So you can select me for a good result. # My objective is to provide 100% fast and accurate service to my client. # Organize data before inputting. # Attention to detail and accuracy when inputting information. # knowledgeable in microsoft office. I;m hard worker and my goal is client satisfaction to provide the best quality services. Thank You for your time and consideration. sincerely, Nimesha
$50 USD in 3 days
5.0 (5 reviews)
4.2
4.2
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Hi, I am a native English speaking finance professional with over 15 years experience using Excel to analyse revenues and costs. I have built numerous financial models in the past. I can help with your project. I would propose to complete your project by answering each of the questions in your project description - which was very clear. I welcome the opportunity to discuss your project further and to work with you. Thanks & regards Melanie
$250 USD in 7 days
5.0 (9 reviews)
4.0
4.0
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Dear Client, Thanks for the opportunity to bid on this project. I’ve read your brief on the project and is ready to go for it. I’ve done work on photoshop, data gathering, data analysis, web researching, data entry and translation (English to Mandarin and vice versa) in the past for various clients and I’m also an expert on excel application developing. Please take a look at my profile and reviews, as my clients can prove I provide good services. I believe in my quality of work meets the clients’ expectations and satisfaction. My profile: https://www.freelancer.com/hireme/Gathix444 Can we discuss the project in details if you are available? I look forward to hearing from you. Kind Regards, Chun-Chieh Sung
$130 USD in 3 days
4.9 (15 reviews)
3.8
3.8
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I have 4+ years experience in data analytics, working on small excel reporting to big DWBI reporting work. I am an expert in developing user-friendly spreadsheets for data analysis and visualization, creating interactive KPI dashboards using pivot tables, slicers, and graphs. Projects range from long-term support of data analysis and visualization needs to short-term specific projects. Skills: - Excel/VBA Automation - Excel Dashboards & Reporting (Data Visualization) - QlikView/QlikSense/Tableau (Data Warehousing and Business Intelligence) - Microsoft Access (SQL) - SAS / R Language - Data Analytics (Executive Decks/Analysis - Key Results and Insights) - Commercial Insights and Analytics Once I receive a project, my biggest priority/focus is to ensure that quality work is delivered always on time. Give me an opportunity, I will deliver you the quality. Warm Regards, Rohit Ahuja |
$155 USD in 0 day
5.0 (7 reviews)
3.4
3.4
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Hi I am here to assist u inthis project I am an ACCA member currently working in finance dept of Qatar Airways Have great skill and experience in Ms excel can assist u with high regards Plz share more info to proceed Thanks in anticipation Looking forward for this projext positively U can also review my profile for my clients reviews of my excel skills
$120 USD in 3 days
5.0 (9 reviews)
3.3
3.3
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Dear, I can do the task accurately and perfectly. I understood this project's requirements exactly. I am representing my bid as a core interest and available to further discussion. I am waiting for your reply to discuss further in this regard. Thanks Vandana
$127 USD in 2 days
5.0 (3 reviews)
2.7
2.7
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Dear i will complete this project with 100% accuracy. i will do my best please award me this project. thanks
$200 USD in 3 days
5.0 (2 reviews)
1.6
1.6
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Hello, I have 10 years of experience in data analysis; have a university degree in physics and economics. I studied mathematics and statistics at university, therefore, I know these subjects very well. In addition, I studied sociology and psychology. I work with most of the statistical program: EViews, Stata, SPSS, Statdisk, Excel; also I have 5 years of experience in R(RStudio), Matlab, Mathcad. I guarantee 100% and quality execution of your project. Since 2000, I have been doing the analysis of various data, have created macros and developed codes, made a study of the project, written articles in economics, sociology and other subjects in scientific journals of Ukraine, Europe, and the USA, prepared proposal for scientific and business grants, masters, and Ph.D. theses. I have been solved many problems for students (many students papers) and business (reports, project, proposal, business plans, data analysis). I can analyze any data any difficulty. I know very well this topic. I guarantee compliance with all requirements and project completion in time. I can work 40 hours/week and more (when it is necessary). I am ready to answer any question or to perform a small test. Please let me know if you're interested in my proposal, looking forward to working with you on this project! Thanks.
$100 USD in 7 days
5.0 (1 review)
1.4
1.4
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Hi employer, I like your project's theme and I wish to write on it.I have 2.5 years of article/report/website content/CDR/short story writing experience and hence I think I am very much suitable for the job. I promise to provide quality work in given time and price with no grammar and spelling mistakes. I hope you will like my proposal and give me a chance to get awarded. Regards, Raghav
$35 USD in 1 day
4.8 (1 review)
0.4
0.4
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I am a professional writer and I have a experience of writing over 50 projects. I will give you the best work and I use software of plagiarism and grammar for this. kindly award me this project ... I will be very thankful to you...
$155 USD in 3 days
0.0 (0 reviews)
0.0
0.0
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Hello, Mr. Thank you very much for reviewing my cover-letter. I am the skilled and experienced Excel expert.I have more experience in online marketing. I feel fit for your project. I must give you a battery service than others. I am a waiting to get response from you. Regards, Sayfullah
$80 USD in 3 days
0.0 (0 reviews)
0.0
0.0
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I have done several certificates and courses in Microsoft Office. I love statistics and love to calculate averages etc. I hope to hear from you. Henk Crous
$111 USD in 4 days
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$111 USD in 3 days
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Dear Hiring Manager, I am glad to say that I am very interested to your job. I am able to do this job very short time. I have a big expert team so If you give me the job I will complete this task short time. I will do this job very cheap rate. I hope you will get good result. If you give me the job, I will do my best for you. I am waiting for your good response. Thanks, Rubel
$111 USD in 30 days
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Hii... I can do any kind of work related to data entry, data mining & all other skills sets mentioned in my skill & expertise section. I will work till you're satisfied with my work...
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London, United Kingdom
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Member since Mar 12, 2014

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