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Quantitative Analysis of the Auto Industry

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Construct a report addressing a quantitative analysis (QA) project on the auto industry listing QA best practices that can be developed and implemented to increase revenues and/or to decrease costs. Please provide three mathematical examples supporting your recommendations. Use any of the following :mathematical models - economical and statistical computer application based.

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Solution Summary

The solution contains quantitative analysis methods that enable the purchase manager to procure optimum quality and quantity of material from the suppliers. The QA methods in this work highlight the cost-cutting measures which can have a positive impact on the bottom-line of the automobile manufacturer.