{"id":478,"date":"2021-02-16T14:10:21","date_gmt":"2021-02-16T13:10:21","guid":{"rendered":"https:\/\/www.dataunderstanding.eu\/?post_type=example&#038;p=478"},"modified":"2021-04-01T13:46:43","modified_gmt":"2021-04-01T12:46:43","slug":"m2s1-duck-beer","status":"publish","type":"example","link":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/example\/m2s1-duck-beer\/","title":{"rendered":"M2S1 &#8211; DUCK beer"},"content":{"rendered":"<p>What are the data needed to answer the following final questions:<\/p>\n<ol>\n<li>By building a given liqueur production capacity, assuming a given market price, in how many years can a total revenue of EUR 120000 be achieved?<\/li>\n<li>The use of malt stock for liqueur production trivially reduces brewing capacity. Is the question worth asking in what proportion is it worthwhile to distribute the quantity of malt among the three products in order to obtain maximum profits?<br \/>\nDistribution must also take into account market constraints, i.e. realizable selling prices. The selling price is seasonal, beer is sold in summer, and liqueur is sold in the winter semester. It is therefore worth making a separate calculation for the summer and winter semesters. The question can be answered by solving two different linear programming problems.<\/li>\n<li>Obtaining permits is a very complex task. Consider outsourcing the task of this issue from the brewery to a law firm. It is advisable to carry out the contract within the framework of a public procurement procedure.<\/li>\n<li>The issue will be clarified after appropriate market research. A possible increase in the quantity reserved in the contract should be negotiated with the malt grower. New producers must be sought from whom malt can be obtained in the best possible way. Once you know how much malt is available and at what cost, this data can be taken into account in the mathematical model.<\/li>\n<li>This issue should also be outsourced to an advertising agency selected through a call for tenders. They then choose the most optimal promotional techniques within their own remit.<\/li>\n<li>The final version of the packaging form of the new product will have to be developed by a special statistical method, conjoint analysis. Several variants need to be ordered from the design studio, which needs to be tested with consumers. Consumers give scores to questions about the appearance of the product, which can be analysed with conjoint analysis, revealing consumer expectations. The final decision will then have to be made.<\/li>\n<\/ol>\n","protected":false},"author":1,"parent":0,"menu_order":24,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"tags":[78,80,82,84,86],"skills":[50],"class_list":["post-478","example","type-example","status-publish","format-standard","hentry","tag-beer","tag-manufacturing","tag-liqueur","tag-regression","tag-geometric-method","skills-m2s1-understand-data"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/example\/478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/example"}],"about":[{"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/types\/example"}],"author":[{"embeddable":true,"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/comments?post=478"}],"version-history":[{"count":2,"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/example\/478\/revisions"}],"predecessor-version":[{"id":693,"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/example\/478\/revisions\/693"}],"wp:attachment":[{"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/media?parent=478"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/tags?post=478"},{"taxonomy":"skills","embeddable":true,"href":"https:\/\/www.archive-projects.edu-inno.bme.hu\/duck\/wp-json\/wp\/v2\/skills?post=478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}