Assignment Help | Quantitative Business Analysis

Make sure your case study report includes the following structures:

Introduction
Data Presentation
Model Specification
Interpretation of Results
Integration of Biblical Principle
Policy Recommendations & Conclusion

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MODEL ANSWER

Introduction

Reep Construction requires a quantitative analysis to evaluate their leasing options with CalState Leasing. A quantitative analysis depends on the company’s previous data to make decisions on any current marketing or purchasing decision the company’s management may require to make to keep the firm profitable (Antwi & Hamza, 2015). The administration of Reep Construction is seeking to find a way to make sure that they do not lay off any of their drivers despite the scarce resources available to the company …

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Data Presentation

The projected cost of a short-term lease, according to CalState Leasing Company, is $13965.  This calculation is achieved by making several assumptions. The first assumption is that the company will require to use the trucks on only five days of the week for the next four months. Secondly, it is assumed that Reep Construction management is paying all their drivers a standard amount of …

Model Specification

A model specification refers to the determination of the different independent and dependent variables that affect the various calculation that may need to be carried out when conducting a quantitative analysis (Clauss, 2017). In this case, the independent variables include the leasing of the trucks and the amount of money paid to company drivers. The dependent variables are the amount of time required by the company …

For the management to reduce the various costs incurred when running the project, they could make a few tweaks to the already proposed calculations. The first tweak would be to increase the number of hours worked by both the trucks used and the drivers working on the project. The second tweak would be to make use of the company-owned vehicles during off-peak hours, to reduce the amount of time they have to use the leased trucks from CalState. The third tweak involves training their drivers on different driving …

Interpretation of Results

After making the necessary tweaks, the company may be able to change the amount of money required to run the current project. A few of the assumptions made while making these new calculations include that the number of hours worked would be increased to 12 hours for six days a week. Secondly, the company will make use of at least five more of its trucks during the off-peak hours. Thirdly, the training …

Increasing the number of working hours will reduce the amount of time the company will need to lease the CalState trucks by at least one and a half months, thereby saving the company $900 in terms of leasing expenses. Secondly, increased fuel efficiency could also help in saving the company $300. Lastly, outsourcing drivers for off-peak hours will assist in saving the company $300 …

Integration of Biblical Principles The Reep Construction Company management can ensure that they integrate various Biblical principles in the day-to-day running of the company as they work with the CalSate Leasing Company (Antwi &Hamza, 2015). The first Biblical principle they are implementing is honesty. This is achieved in terms of transparency in the computation of the cost of the different business processes. Secondly, the management should ensure that they pay fairly and reasonably operate their business in the best interest of all (Clauss, 2017). In that connection, the company should pay its workers the agreed-upon $20 daily. Thirdly, the company should be in a position to ensure that it can pay the CalState Leasing on time and in full as agreed upon. They should also ensure that they make proper use and care for the trucks…