* Business Decision Making

* Table of content

Introduction
Graphs and Line chart use to depicts the sales orders and price of the
packages determination.
Use of statically tools to evaluate the order of tours package and price
relation
Pie chart
Conclusion
References

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 * Introduction

This survey methodology is comprised of several set of process system and

with the help of this several data is collected by the top management
Graphs charts and other tools are taken into consideration for better decision
making

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 * Price determination of Tours packages

Price range Sales orders

500 3

700 8

1000 7

1500 2

2000 5

2500 2

Price determination of Tours packages as per this information depicts that

company should set up the price of tours packages around at 700 to increase
sale.
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 * Graphs and Line chart use to depicts the sales orders and
price of the packages determination

Profits

20%

18%

16%

14%

12%

10%

8%

6%

4%

2%

0%
200- 300 300- 400 400- 500 500-600

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* Use of statically tools to evaluate the order of tours package
and price relation

This Correlation of coefficient in this project report represent the relation

between two variable factors such as price of the tours packages and
frequency of orders.
The computed outcome of the data collected represents that both sales price
and frequency of order are interrelated highly and showcase the opposite
changes in determined manner.
As if the price of the packages is increased then the demand of the product
will be decreased by 97%.

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* Pie chart that showcase the partition of tours package
orders as per the different sale price

Sales oders

9% 200- 300
22%
300- 400
18% 400- 500
500-600
600-700
15%

37%

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* Conclusion

Business decision making in organization must insert productive process system, creation of
synergy, estimation and evaluation of circumstances and associated factors and systematic
approach to operate business.
With the help of financial tools a proper estimation should be derived by the management
department.

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 * References

Sampath, S. & Anjana, K. 2016, "Percentile Matching Estimation of Uncertainty Distribution",

Journal of Uncertainty Analysis and Applications, vol. 4, no. 1, pp. 1-13.
Chu, B. 2012;2011;, "Large deviations estimation of the windfall and shortfall probabilities for
optimal diversified portfolios", Annals of Finance, vol. 8, no. 1, pp. 97-122.
Nadadur, G., Raschke, U. & Parkinson, M.B. 2016, "A quantile-based anthropometry synthesis
technique for global user populations", International Journal of Industrial Ergonomics, vol. 53, pp.
167-178.
Jayalakshmi, N.S., Ravindra, S., Nagaraj, K.R., Rupesh, P.L. & Harshavardhan, M.P. 2013,
"Acceptable Deviation between Facial and Dental Midlines in Dentate Population", The Journal of
Indian Prosthodontic Society, vol. 13, no. 4, pp. 473-477.

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