assignment on quantitative technique in business

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Assignment on NOVOSHIP COMPANY SUBMITTED TO:- HABIBA ABBASI MAM

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It will give you idea about A company named as Novoship and it used technique to solve the problem.

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Page 1: Assignment on Quantitative Technique in Business

Assignment on NOVOSHIP COMPANY

SUBMITTED TO:-

HABIBA ABBASI MAM

Page 2: Assignment on Quantitative Technique in Business

Name:- Chinmaya Kumar ParijaSection:- EE-mail ID:- [email protected]. No.:- 09999995415

Submitted By:-

Page 3: Assignment on Quantitative Technique in Business

Question:-1 Part 1 Part 2

Question:-2 Part 1Part 2

Part 3Part 4

Part 5

Question:- 3 Part 1 Part 2

ConclusionThank you

Page 4: Assignment on Quantitative Technique in Business

1.What are some of the types of data that might be presented? What variables might be important to the lending institution ?

As we are aware of the fact that Novoship is Russia’s largest As we are aware of the fact that Novoship is Russia’s largest company & ranks seventh in the world in vessal tonnage. company & ranks seventh in the world in vessal tonnage.

When Novoship had 77 ships, their capacity was greater than When Novoship had 77 ships, their capacity was greater than other eight companies & now company wants to add twelve new other eight companies & now company wants to add twelve new

ships for increase their capacity. If company will load more ships for increase their capacity. If company will load more than previous time then also will get more profit.than previous time then also will get more profit.

As we know other companies have more As we know other companies have more ships but their capacity to carry liquid is lower than Novoship. ships but their capacity to carry liquid is lower than Novoship. So we can say that the Novoship’s rank or category would be So we can say that the Novoship’s rank or category would be

high. If we are divides all companies into category then I think high. If we are divides all companies into category then I think Novoship’s category would be first.Novoship’s category would be first.

Page 5: Assignment on Quantitative Technique in Business

If Novoship company wants to take loan from any bank for If Novoship company wants to take loan from any bank for add tankers they might be presented data which is given add tankers they might be presented data which is given below:- below:- (1) Working since 1967 (1) Working since 1967 (2) They had 77 ship which are largest (2) They had 77 ship which are largest (3) Average age of per ship is 11.38 years (3) Average age of per ship is 11.38 years (4) 80% stock owned by Russian Govt. (4) 80% stock owned by Russian Govt. (5) International trade is 54.89% & dead wt. tonnage is (5) International trade is 54.89% & dead wt. tonnage is 33.26% which is highest among all of eight companies33.26% which is highest among all of eight companies (6)Ships-77, - Dead weight tonnage 3339(thousands) & (6)Ships-77, - Dead weight tonnage 3339(thousands) & international trade 45.4(millions of tonsinternational trade 45.4(millions of tons I think data which is given, is enough for get loan from I think data which is given, is enough for get loan from any bank or institutionsany bank or institutions..

Page 6: Assignment on Quantitative Technique in Business

2. Suppose the chief lending officers want to present the data given above to demonstrate Novo ship’s strength in the marketplace. How could these data be organized and depicted graphically ?

Company No. of ships Dead wt. tonnage International trade

    (thousands) Millions of tonne

Novo ship 77 3339 45.4

Baltic 178 1921 11.3

Far Eastern 228 1846 10.1

Murmansk 78 929 5.6

Northern 135 673 5.2

Primorsk 53 598 2.1

Sakhalin 88 419 2.5

Kamchatka 53 220 0.3

Arctic 25 94 0.2

Page 7: Assignment on Quantitative Technique in Business

Company No. of ships

1-Novoship 77

2-Baltic 178

3-Far Eastern 228

4-Murmansk 78

5-Northern 135

6-Primorsk 53

7-Sakhalin 88

8-Kamchatka 53

9-Arctic 25

77

178

228

78

135

53

88

53

250

50

100

150

200

250

1 2 3 4 5 6 7 8 9 10

Company

No. o

f Shi

ps

No. of ships

Page 8: Assignment on Quantitative Technique in Business

CompanyDead Weight tonnage (thousands)

1-Novoship 3339

2-Baltic 1921

3-Far Eastern 1846

4-Murmansk 929

5-Northern 673

6-Primorsk 598

7-Sakhalin 419

8-Kamchatka 220

9-Arctic 94

3339

1921 1846

929673 598

419220 940

500

1000

1500

2000

2500

3000

3500

4000

1 2 3 4 5 6 7 8 9 10

Company

Dead

weig

ht ton

nage

(th

ousa

nds)

Dead Weight tonnage (thousands)

Page 9: Assignment on Quantitative Technique in Business

CompanyInternational Trade(million of tons)

1-Novoship 45.4

2-Baltic 11.3

3-Far Eastern 10.1

4-Murmansk 5.6

5-Northern 5.2

6-Primorsk 2.1

7-Sakhalin 2.5

8-Kamchatka 0.3

9-Arctic 0.2

45.4

11.3 10.15.6 5.2

2.1 2.50.3 0.20

5101520253035404550

1 2 3 4 5 6 7 8 9 10

Company

Inter

natio

nal T

rade

(mill

ion

of

tons

)

International Trade(million of tons)

Page 10: Assignment on Quantitative Technique in Business

In graphs you can see the international trade & In graphs you can see the international trade & dead weight tonnage of Novoship is highest, dead weight tonnage of Novoship is highest, however they have only 77 ships. So we can however they have only 77 ships. So we can guess that the profitability of the company is guess that the profitability of the company is

very high.very high. But here the earnings of But here the earnings of

the company is not given, but I think this is very the company is not given, but I think this is very important thing to show company’s progress. important thing to show company’s progress.

As maintioned 80%of Novoship’s stock is As maintioned 80%of Novoship’s stock is owned by the Russian Govt. So we can say that owned by the Russian Govt. So we can say that

the company is a part of Govt.the company is a part of Govt.

Page 11: Assignment on Quantitative Technique in Business

Q3: Novo ship is far & away the largest shipper by tonnage of the Russian ocean carriers.

However, 4 other companies they have more ships. Novo ship avg. more tonnage ship leading one to believe that other companies have more smaller

ships. Is there a way to organize the ship for all nine companies by size so that we can then determine which categories the novo ship ships belong in?

Page 12: Assignment on Quantitative Technique in Business

CompanyNo. of ships

Dead wt. tonnage

Dead wt. tonnage/

Ranking of the companies

    (thousands) no. of ships(a)as per obtained in

(a)

Novo ship 77 3339 43.36 1

Baltic 178 1921 10.79 4

Far Eastern 228 1846 8.09 5

Murmansk 78 929 11.91 2

Northern 135 673 4.98 6

Primorsk 53 598 11.28 3

Sakhalin 88 419 4.76 7

Kamchatka 53 220 4.15 8

Arctic 25 94 3.76 9

Ans:

In this table you can see the highest rank of Novoship among all companies. So we can determine the Novoship’s category is highest by size in all of compnies.

Page 13: Assignment on Quantitative Technique in Business

Conclusions from the table shown above:It implies that novo ship is amongst the top

companies which owe largest ships because it is ranking first in the output showing in terms of dead weight tonnage followed by Murmansk &

Primorsk. Kamchatka & Arctic are having lowest ships in terms of dead weight tonnage & are positioned

last among all companies

The Novoship holds a concept that the key to achieve organizational goals consists of the company being more effective then competitors in creating delivering and communicating superior customer value to its chosen target market.

Page 14: Assignment on Quantitative Technique in Business

THANK YOUTHANK YOU