Problem description Business Problem: Rossman is Germany’s second largest drug store chain with more than 1000 stores across the country. Every month, the store manager needs to set targets for the sales team and design incentives for them. Currently, the managers set the targets based on their intuition of how much the sales are going to be in next month- which often leads to wrong target settings. Setting targets that are too high or unrealistic can lead to failure of
Problem Description The project aims to forecast India’s GDP through 3 methods – employment, GDP trend and the sum of 4 expenditure components (household, government expenditure, investment and net exports) and to use the same to assess if the Modi Government has been able to change India’s GDP growth trajectory over its 5 years in power (2015-2019). The client is the Department of Expenditure, Ministry of Finance. Using the project, they can do a high-level
Uber is a ride-hailing company which was founded in San Francisco, California. Since its inception, it has expanded into multiple other businesses like ride sharing, food delivery etc and according to estimates, Uber has close to 100 million customers and operations in as many as 800 metropolitan areas. Given its ever-expanding scale, Uber continuously manages the gap between supply and demand through surge pricing, incentivising drivers and charging riders. There has, however, been a lot of backlash as surge pricing has gone above 20x at times.
Prof. Galit Shmueli, Institute of Service Science, College of Technology Management, National Tsing Hua University, 101 Kuang Fu Road Sec. 2, Hsinchu 30013 Taiwan
