Thursday, November 28, 2013

Statistics and Research Methods in Solving Business Problems: Continental Airlines

Introduction squad C was tasked with searching and analyzing several(prenominal) examples of the effective enjoyment of statistics and research methods in answer blood relate problems. The team collectively researched several examples that demonstrated an effective use of statistics in solving employment related problems. Examples included the human factor and ergonomic issues related to night shift work, methods of paying out payroll, effectively touchstone the impact of a technical process value at heart an aerospace company, and finally the impact of processing guest information more rapidly and more efficiently in the air hose attention to improve the ability to ontogenesis the situational aw arness inside the manufacture and improve customer soundly and company profits. After small thought was given to distributively task related problem, group C decided to concentrate on the use of statistics and research methods in solving the aforementioned(prenomi nal) problem within the air lane industry. Continental Airlines, which recently apply a speech analytic technology improvement within its Reservation Call Centers, provided Team C a hone case study in which to analyze the effective use of statistics in solving business related problems. Importance of rail line Problem in the Airline Industry The airlines immediately are constantly faced with having to adapt business decision-making strategies to a truly complex and dynamic business environment.
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Decision makers that jackpot effectively and efficiently collect and analyze the most germane(predicate) and reliabl e consumer entropy relating to industry tre! nds and activities within the industry brook improve on the qualitative and quantitative inferences which bath be made from statistical data. Improving the situational awareness of industry trends and activities, in as by the bye a manner as possible, can help an airline realize improvements in customer service satisfaction and enlarge company profits. The approachs of not expectant critical thought to this business related problem could cost an airline in profits, dominance growth opportunities in... If you want to pass water a just essay, order it on our website: BestEssayCheap.com

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