Follow all the STEPS # 1,2,3,4&5 . Remember that you are writing the report from the point of view of a consultant with senior management of TourneSol Canada, Ltd. as the intended audience. The report need properly citation and references, NO PLAGIARISM OR COPY FROM OTHER WEBSITE .
STEP 1: Description
In this case study, you will act as a consultant for a company that crushes sunflower seeds to produce high quality refined sunflower oil for sale in the wholesale market. The company is looking for you to make a recommendation on the optimal blend of raw materials required for its next production cycle. You will use a number of decision analysis tools including time series forecasting, linear programming, and cost-profit-volume analysis to make the recommendation and provide analysis on the profitability of the company.
You will be required to submit a written report to management, and to include the spreadsheet models you used to generate price forecasts, optimize the raw material, and a perform the break-even analysis. All analysis should be done using Excel and the various models should be implemented on separate worksheets or in separate workbooks.
STEP 2 : Scenario:
STEP 3: Suggested Approach
This is a fairly complex problem. The following approach is suggested:
Recall that the cost-volume-price analysis requires you to provide
STEP 4 : Management Report
Prepare a written management report that includes, the following sections:
STEP 5: Be sure to address all relevant points, discuss any assumptions you are making, justify any modeling choices you have made (for example, the choice of time series forecast model), and highlight the following items in your report:
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