(Kwik Trend Analysis) Measure Value Future Period Forecast Error Measures 9. 1‚362‚143. Bias (Mean Error) -0.0156 10. 1‚455‚952. MAD (Mean Absolute Deviation) 50‚773.7969 11. 1‚549‚762. MSE (Mean Squared Error) 3‚498‚808‚832. 12. 1‚643‚572. Standard Error (denom=n-2=6) 68‚301.3828 13. 1‚737‚381. Regression line 14. 1‚831‚191. Demand (y) = 517857.2 15. 1‚925‚000. + 93‚809.5234 * Time (x) 16. 2‚018‚810. Statistics 17. 2‚112‚619. Correlation coefficient 0.9642 18. 2‚206‚429. Coefficient
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Relevant Facts Charlie Green took many steps in creating his service package for his Xpresso Lube. It is centrally located in Austin‚ Texas on the main street near thriving business and a University that are all within walking distance. This centralized location contributes to his success. Charlie was sure to make the implicit services at Xpresso Lube enjoyable while the customer enjoys an espresso while waiting for their oil to be changed. He supported the facility with an adequate waiting area
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various other services other than lube oil change. It provides for a range of coffees‚ a waiting area with good interiors‚ music system and reading material appealing to different interests. In the core area of operations (lube oil change)‚ Xpresso provides an opportunity to the customers to see an anomaly found in their car. It also provided transportation facility to customers. 2. How are the distinctive characteristics of a service operation illustrated by Xpresso Lube? The distinctive characteristics
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A) Background of the Company Xpresso Lube is set up by Charlie Green. Charlie is a man of different talent. He has the knowledge of oil-change from his family members and also good in musician. Xpresso Lube was found because Charlie had an unpleasant experience while getting his car oil changed. He witnesses the lube technician was trying to “ripped off” an elderly lady. From that incident onwards‚ it gave him a clear idea of setting up his own oil-change station. From the oil change business
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CASE: XPRESSO LUBE 1. Describe Xpresso Lube’s service package? * Supporting facility: Xpresso Lube has a fixed amount of operational capacity because it has a limited number of service lifts – two to be exact. Other components of its supporting facility are tools and equipment‚ an equipment storage area‚ a spacious waiting room‚ chairs‚ a service counter‚ street access and parking. * Facilitating goods: oil‚ filters‚ auto parts‚ coffee‚ snacks‚ cups‚ napkins‚ sugar and milk.
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1. ome » 2. Miscellaneous Minit-Lube Case Study By chazume | December 2011 Zoom In Zoom Out Page 1 of 2 Date: September 12‚ 2011 1. What constitutes the mission of Minit-Lube? To provide fast‚ reliable and superior service in a customer friendly environment while ensuring lowest possible prices. 2. How does the Minit-Lube operations strategy provide competitive advantage? A narrow products strategy could be defined as lubricating automobiles that allows the subsequent development
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Xpresso Lube: Charlie Green‚ owner of Xpresso Lube‚ is not your typical car repairman. A man of many talents Charlie gained valuable knowledge of the oil-change business while working in the special mixtures division of Goodyear. Charlie also learned from his father and brother while working on cars when he was growing up and later supplemented this knowledge by taking formal automotive courses. All similarities between and his fellow mechanics end there‚ however. Charlie also is a professional
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CASE: Car Lube Operations to accompany CHAPTER 3: Process Strategy Professor Smith can expound at length about the merits of timely preventive maintenance. After all‚ what good is a process that is performed by less-than-reliable equipment? When it comes to his own vehicle’s preventive maintenance‚ however‚ Smith has been known to be less than meticulous. It takes him three months just to muster up the energy to take his car for its recommended three-month oil change! Smith usually takes
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Introduction Kwik Save was the first and once the most successful serious limited-rang discounter in the United Kingdom (Drive‚ 2011). It was regarded as a soft discounter (with 5-10% discounts)‚ compared to hard discounters (with 20% discounts) (Colla‚ 2003). In the zenith of its business‚ the company had more than 800 stores nationwide (Tedlow and Jones‚ 1993). Nonetheless‚ it was taken over by Somerfield in 1998 and eventually went into administration in 2007. To investigate Kwik Save’s failure
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Case Analysis: Minit-Lube Discussion Questions Directions: Read the case and then answer each question in short paragraph form. A substantial market exists for automobile tune-ups‚ oil changes‚ and lubrication service for more than 250 million vehicles on U.S. roads. Some of this demand is filled by full-service auto dealerships‚ some by Walmart and Firestone‚ and some by other tire/service dealers. However‚ Minit-Lube‚ Mobil-Lube‚ Jiffy-Lube and others have also developed strategies to accommodate
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