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Essay text:
Coffee Time will set up two stalls at this festival and will attempt to encourage patrons to buy Coffee Time's products. The simulation had us compare data from previous festivals to predict the average attendance of the event. We used the information to decide whether we would make enough profits to set up our own stalls or to franchise these two stalls out. This simulation provided us with a company, Forefront, to give an accurate estimate for the South Asia's market and help to target the daily attendance and how much supplies we will need throughout the shopping festival. We will need to study charts and decide an optimal stocking level the expected monetary values or expected opportunity loses...
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Common topics in this essay:
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