7-2 Module: Data-based recommendations and Outcomes
QSO 520 Milestone Three Guidelines and Rubric Overview: Another important consideration when making business recommendations is future outcomes. You must be able to use forecasting tools and the right data to predict elements that affect the future of the business. Using this analysis, along with your analyses and problem statement, you will be able to make recommendations to the organization, such as whether or not to outsource manufacturing. Prompt: Next, you will be required to make formal recommendations in order to address the organizational challenges, supporting your strategies with applicable and relevant data. You will also need to communicate your recommendations and findings to the appropriate stakeholders. Finally, you will need to consider the organization’s future outcomes based on a forecasting analysis. Specifically, you must address the critical elements listed below.
I. Recommendations and Future Outcomes: A. Produce a forecasting analysis using exponential smoothing in order to determine the demand of the product line.
a. Assume Double digit growth 12% evenly distributed quarterly b. Alpha value: 0.2 c. Beta value: 0.5
B. Based on your problem statement and analysis of the data, recommend effective strategies that will resolve each of the organization’s
challenges cited earlier.
Rubric Guidelines for Submission: Your assignment must be 3-4 pages in length and must be written in APA format. Use double spacing, 12-point Times New Roman font, and one-inch margins. Include two scholarly references cited in APA format.
Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value
Recommendations and Future Outcomes:
Forecasting Analysis
Meets “Proficient” criteria and demonstrates a sophisticated awareness of forecasting variables that will determine future demand of the product line
Produces a forecasting analysis in order to determine the demand of the product line
Produces a forecasting analysis but analysis is missing key information or contains inaccuracies
Does not produce a forecasting analysis
48
Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value
Recommendations and Future Outcomes: Strategies
Meets “Proficient” criteria and recommendation demonstrates a complex grasp of the appropriate strategies that will resolve the organization’s challenges
Recommends effective strategies that will resolve each of the organization’s challenges
Recommends effective strategies that will resolve the organization’s challenges but recommendation is missing key details or contains inaccuracies
Does not recommend effective strategies that will resolve organization’s challenges
48
Articulation of Response
Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy to read format
Submission has no major errors related to citations, grammar, spelling, syntax, or organization
Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas
Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas
4
Total 100%