The Analysis of Southwestern University

Introduction

To begin with, it should be stated that the case study is dedicated to the Southwestern University, which is regarded to be an independent, selective university of liberal arts. The study is held in accordance with the general practices, associated with the forecasting model creation, and analysis of the general accounting practice. Originally, it should be stated that the forecasting model, which is intended for the present study is based on the average results of the previous years, and with the consideration of the dynamics of the changes in the amounts

Forecasting Model

The forecasting model which is selected for the current analysis is the regression data analysis, intended for the calculation of the incoming data of the attendance rates, and providing the forecasted data on the basis of the percentage analysis and the dynamics of the changes, observed during the previous years. (Bassett, 2004) Actually, this data analysis tool is unable to take into consideration the additional factors, which will be discussed in the Options part of the paper.

The attendance rates were analyzed in accordance with the regression analysis forecasting method. The data on the matters of Southwestern University, which requires analysis, is forecasted on the following graph:

Attendance rates

Originally, the data on the attendance rate, provided on the initial database, represents the tendency of the changes within the rates of the incoming data.

The choice of this method is reasoned by the fact that regression analysis forecasting is regarded to be the most precise and effective statistical analysis tool. The particular attention should be paid to the r-square value: originally, this is the analysis tool of the initial variables, which represents the dependence of the dynamics on the incoming data. Thus, if this rate is 0.8 and higher, the forecast is regarded to be positive. The rate of the current analysis is 0.82, thus, the rate will be regarded positive for sufficiently long period of the forecasted tendency and projected attendance. In accordance with Nersesian (2004, p. 391) the following statement should be emphasized:

To explore such issues, the investigator assembles data on the underlying variables of interest and employs regression to estimate the quantitative effect of the causal variables upon the variable that they influence. The investigator also typically assesses the “statistical significance” of the estimated relationships, that is, the degree of confidence that the true relationship is close to the estimated relationship.

The predicted variable for the 2009 attendance project is 2441.5. Originally, this number confirms the r-square rate tendency for the positive forecasted dynamics of the provided data, and the further changes of the dynamics.

Revenues Expected in 2008 and 2009

The rate of the revenues and changes, which should be expected in 2008 and 2009 are generally represented in the analysis results. Thus, the predicted variable column, which represents the forecasts in accordance with the predicted tendencies and rates of the change dynamics, reveals the rates and values of the projected revenues.

Observation Predicted Variable Residual
2002 164736,3 9463,72
2003 164818,6 12081,43
2004 164900,9 27699,15
2005 164983,1 -164781
2006 165065,4 51534,58
2007 165147,7 63952,29
2008 200457,7 3952,47
2009 243317,4 6534,332

In accordance with the provided table, the projected revenues will be 200457.7 and 243317.4 correspondingly. Thus, these data do not fit the general tendencies, as in spite of the positive dynamics in general, the particular revenues appear to be negative, as the incoming data represent the variables, which are performed in accordance with the statistical analysis and forecasts. The only statement that should be emphasized from the perspective of this notion is the concept of the half-positive tendency. Originally, it was described by Pearson and Bracker (2001), and they emphasize that such tendencies are possible if the initial data is either provided without the required accuracy, or the dynamics of the changes, which represent the allover tendency can not reveal the actual necessity of the incoming data, as well as the accuracy of the r-square rate, described in the previous part of the paper.

The School’s Options

As for the matters of options, which should be discussed in this part of the paper, there is strong necessity to emphasize that SWU, as the largest university of liberal arts and the state college in Stephenville, Texas, entails close to 20,000 students. Originally, the options of the university entail not only resident students, but also students from the other cities. Heizer and Render (2007, p. 145) emphasize the following statement on the matters of Southwestern University:

Always a football powerhouse, SWU is usually in the top 20 in College football rankings. Since the legendary Bo Pitterno was hired as its head coach in 1999 (in hopes of reaching the elusive number 1 ranking), attendance at the five Saturday home games each year increased. Prior to Pitterno’s arrival, attendance generally averaged 25,000 to 29,000 per game. Season ticket sales bumped up by 10,000 Just with the announcement of the new coach’s arrival. Stephenville and SWU were ready to move to the big time.

Taking into consideration the popularity of the football, there is strong necessity to emphasize the fact that there is an issue, which faces the issue of the absence of NCAA ranking. Moreover, the existing stadium, which was built in 1953, has seating for only 54,000 fans. The tendencies for the increase of the attendance rates may cause the further reconstruction of the stadium, thus, the forecasted rates may differ from the real attendance rates. Thus, the calculation error may become larger. In the light of the fact that the stadium is not included into the NCAA ranking reveals the fact that initial incoming data may be wrong, as precise registering of the attendance is impossible without this ranking.

Another statement that should be emphasized on the matters of the school options relates with demands upon joining SWU with the rest of the university league. Originally, if this decision is taken, it will require the reconstruction of the existing stadium, o building a new one. The fact is that, the increase of the attendance rates makes this problem actual enough for implementing the required decisions on the matters of improving the conditions for the players and visitors of the stadium. On the one hand, the increase of the comfort will attract additional audience, while joining of the leagues will distract some opponents of this decision. Anyway, the administration of the stadium has sought for a revenue projection, presuming an average ticket price of $20 in 2006 and a 5% increase each year in future prices. (Heizer and Render, 2007)

Conclusion

Finally, it should be emphasized that the analysis, provided in the paper is based on a regression analysis of the incoming data, and the rate of the change dynamics may be used for the forecast of the further rates of attendance of the stadium. Nevertheless, there are numerous factors and options, which may influence the real results, thus the error should be taken into consideration.

Bibliography

Bassett, G (2004) “Operations Management for Service Industries Competing in the Service Era” Quorum Books, Westport, CT.

Heizer, J. Render, B (2007) “Operations Management” Pearson Prentice Hall.

Nersesian, R. (2004) “Trends and Tools for Operations Management an Updated Guide for Executives and Managers” Quorum Books Westport, London.

Pearson, J., Bracker, J. (2001) “Operations Management Activities of Small, High Growth Electronics Firms” Journal of Small Business Management. Vol., 28, No., 1. p.20.

Spearin, C. (2006) “Special Operations Forces a Strategic Resource: Public and Private Divides” Parameters. Vol. 36, No. 4, p. 58.

Adult Teaching: Theory and Application

 

What Will You Get?

Essaywriter.fun is a professional writing service for anyone who needs help with their essay, research paper, or other writing assignments. We provide high-quality content at an affordable price, in a convenient and timely manner.

Premium Quality

Get result-oriented writing and worry no longer about your marks. We adhere to the highest quality standards to ensure you receive flawless assignments. Every essay or paper we complete is thoroughly checked before it reaches the customer--we have a strict quality assurance process in place to produce only the best work.

Expert Writers

Our writers have experience working with papers at all academic levels. You can confidently rely on our skilled professionals' knowledge. We understand that not everyone has the time they need to meet deadlines--to make it easier for our customers, we offer 24/7 support through different channels such as live chat and email so that there's always help when you need it.

On-Time Delivery

Your deadline is our success metric, and we take it extremely seriously. We ensure that you receive your papers before the deadline you choose. You can order an essay and have it delivered to you within 3 hours! If that's not enough for you, we also offer a 24-hour rush option. Don't sweat it! Our writing service can help you brainstorm, find interesting topics, or even do all the work for you. All you have to do is give us a topic and our professional writers will take care of the rest in no time at all.

24/7 Customer Support

There is always a member of our customer service staff available to react to your inquiries. Contact us if you have any questions or concerns. We have access to thousands of experts in multiple fields of study and we have been providing our services for years now. You will never have to worry about quality again — our essays are always original and well-researched. We understand the struggle - we've been there too. That's why we offer our customers 24/7 customer support and fixed prices that are always transparent.

Total Confidentiality

Relax while we help you with the writing of your essays. We have a strict policy regarding the confidentiality of your personal and order-related information. We offer a variety of payment methods including credit cards and PayPal which allows for fast transfer of funds into your account after ordering. You can also make payments at any time using your credit card or when funds are due using PayPal automatic withdrawal from your bank account or credit card balance without having to log into your account.

Authentic Sources

We guarantee that your essay will be thoroughly screened for plagiarism and grammatical issues, as we only use credible, trusted sources. At Essaywriter.fun, everything is done according to your instructions - that means no plagiarism will ever be detected. That also means more money in your pocket as well as a perfect paper to submit as your own work.

Moneyback Guarantee

Still hesitating to place an order? Our 100% Money-Back Guarantee protects you in the unlikely event that you are not happy with the writing.

Preferred essay writer

At any time, hire your favourite essay writer. Simply indicate if you would like your favourite expert to compose your paper, and we will make it happen. We only select the best, most qualified essay writers to join our team. These people have years of experience in essays, research papers, term papers, dissertations, and more. We also prefer to hire essay writers with English as their first language as we want your satisfaction to be guaranteed every time.

image

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

image

Trusted Partner of 9950+ Students for Writing

Priority is given to customer pleasure, and we try every day to enhance custom essay writing. We ensure that only the most qualified and knowledgeable writer will complete your project. Your directions will be followed precisely, including all specifics. Editors will proofread each sentence, correct typos, and rectify grammatical and lexical errors.

Professional Essay Writer at Your Service

Quality over quantity is a tenet that Essaywriter adheres to. Our team is the best of the best. In addition, we select writers based on their academic credentials, enabling us to increase the overall field specialization depth! This version enables consumers to buy an essay or any other type of project from our fast paper writing service; just be sure to select the most qualified writer.

Write My Essay Service Helps You Excel!

If you are seeking for a reliable essay writing service that can complete a lengthy report for a reasonable fee, you have come to the perfect place. We recognize that each client has distinct requirements, thus we will tailor each product to meet those specifications! We recognize that it is difficult to balance everything in the agenda. By using our expert writing service, you will no longer need to wonder, "Who can help me with my essay?".

AFFORDABLE PRICES

Compared to other essay writing services, our firm cares about its customers and offers premium services that are affordable for any budget. We understand how challenging it can be for students to earn or save money, therefore our costs begin at just $13.99 per page. Because of this, we have a large number of repeat customers that utilize our services frequently. Essaywriter's objective is to provide a cheap online essay service.

Plagiarism Report

You no longer need to be worried about plagiarism. Get a plagiarism report to validate the originality of your work.

Free Features $66FREE

  • Most Qualified Writer $10FREE
  • Plagiarism Scan Report $10FREE
  • Unlimited Revisions $08FREE
  • Paper Formatting $05FREE
  • Cover Page $05FREE
  • Referencing & Bibliography $10FREE
  • Dedicated User Area $08FREE
  • 24/7 Order Tracking $05FREE
  • Periodic Email Alerts $05FREE
image

Our Services

Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.

  • On-time Delivery
  • 24/7 Order Tracking
  • Access to Authentic Sources
Academic Writing

We create perfect papers according to the guidelines.

Professional Editing

We seamlessly edit out errors from your papers.

Thorough Proofreading

We thoroughly read your final draft to identify errors.

image

Hire Your Personal Essay Writer Today

With our essay service, you'll find an essay writer for any task. Their rating is based on previous customer reviews and successful orders. Before you hire a writer, you can familiarize yourself with their track record in detail!

Check Out Our Sample Work

Dedication. Quality. Commitment. Punctuality

[display_samples]

It May Not Be Much, but It’s Honest Work!

Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.

0+

Happy Clients

0+

Words Written This Week

0+

Ongoing Orders

0%

Customer Satisfaction Rate
image

Process as Fine as Brewed Coffee

We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.

See How We Helped 9000+ Students Achieve Success

image

Why students choose Essaywriter Essay writing service?

Essaywriter is a reputable, trustworthy, rapid, and well regarded online essay writing service that offers cheap, high-quality papers. We offer an exceptional service and a multitude of outstanding features, including:

Our authors offer the greatest essay writing service since they hold degrees in a variety of fields. From MBA to law to nursing to business, we cover nearly every degree. Our writers can compose any type of essay, including creative, critical, and scientific articles. We employ the greatest writers in the United States to ensure that you obtain the best essay writing services.

  • Clear elicitation of your requirements.
  • Customized writing as per your needs.

Essaywriter Offers an Outstanding Essay Writing Service with No Risks

We recognize that ordering an essay online may appear intimidating. There is a possibility that the quality or formatting will be inadequate. When working with tight schedules, these dangers cannot be tolerated. Therefore, we evaluate the degrees and qualifications of our authors before hiring them. Our writers are actual persons, and we evaluate samples of their past work to ensure that it corresponds to all American university criteria. We mitigate the hazards, so you can feel secure knowing you're collaborating with a reliable professional essay writing service.

  • Proactive analysis of your writing.
  • 24/7 proffesional customer service.
image
image

Hire a Skilled Essay Writer and Get More Done!

Are you entirely overwhelmed by work? Having difficulty juggling everyday, work, and other responsibilities? You've come to the right location, as we will alleviate your concerns. Request "write my paper for me," and we will provide you with access to hundreds of competent and experienced writers. Choose an essay writer, provide them with all of your instructions, and then catch up on work or other responsibilities, secure in the knowing that you will receive a high-quality assignment before the deadline.

  • 100 percent unique content based on the instructions you provide.
  • we offer top-notch essay writing service to boost your grades.
Place an Order Start Chat Now
image