Using Forecasting, Regression and Decision Making Analysis for Wal-Mart Opening New Department in St. Catharines, Canada

EXECUTIVE SUMMARYWal-Mart is planning to introduce elicit flip plane section into its present-day(prenominal) model. It is already well established retail company into its industry. The principal(prenominal) dictum of Wal-Mart is to sell best items at low set. Introducing a undefiled product line into its model forget be challenging. The number 1 problem will be whether it would be as sure-fire as its current product line, what will be the possible cost and what target market it should focus and whether it will be open to catch the same potential customers that it has for its other(a) line of products or departments. Another problem will be whether they would be able to follow their winning formula of stacking mellowed and sell low. Wal-Mart is pastime economies of scale by buying at bulk and interchange at low hurts. Since farm fresh department includes fruits and vegetables, it would be difficult to implement this dodge. So ground on end model, they book to d evelop new strategy for introducing farm fresh. We apply applied various models like decision analysis, regression and forecasting. establish on application, we recommend that Wal-Mart will oblige good clams and would be able to attract customers if it introduces new division of farm fresh at St Catharines. INTRODUCTIONWal-MartBUY IT LOW, mickle IT HIGH, SELL IT rattyCOMPANY PROFILEUSP: Everyday low price , RollbacksWal-Mart Global (NYSE: WMT : $52.

77) (11/24/08 16:03:38 EST)Wal-Mart Stores, Inc. is both a domestic enterprise, as well as a worldwide discount retailer. They interlace retail stores domestically in the US and various international markets. Wal-Mart operates on an Ever yday Low hurt philosophy because they ar a! ble to maintain their low price structure by dint of complete expense control. With this philosophy they have proven to be extremely profitable domestically and internationally. Their original task is buying from suppliers at a low cost... If you desire to get a full essay, order it on our website: OrderEssay.net

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