Assignment On Quantitative Technique In Business

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Assignment on NOVOSHIP COMPANY

SUBMITTED TO:-

HABIBA ABBASI MAM

Submitted By:Name:- Chinmaya Kumar Parija Section:- E E-mail ID:- [email protected] Mob. No.:- 09999995415

Question:-1 Part 1 Part 2 Question:-2 Part 1 Part 2 Part 3 Part 4 Part 5 Question:- 3 Part 1 Part 2 Conclusion Thank you

1.What are some of the types of data that might be presented? What variables might be important to the lending institution ?

As we are aware of the fact that Novoship is Russia’s largest company & ranks seventh in the world in vessal tonnage. When Novoship had 77 ships, their capacity was greater than other eight companies & now company wants to add twelve new ships for increase their capacity. If company will load more than previous time then also will get more profit. As we know other companies have more ships but their capacity to carry liquid is lower than Novoship. So we can say that the Novoship’s rank or category would be high. If we are divides all companies into category then I think Novoship’s category would be first.

If Novoship company wants to take loan from any bank for add tankers they might be presented data which is given below:(1) Working since 1967 (2) They had 77 ship which are largest (3) Average age of per ship is 11.38 years (4) 80% stock owned by Russian Govt. (5) International trade is 54.89% & dead wt. tonnage is 33.26% which is highest among all of eight companies (6)Ships-77, - Dead weight tonnage 3339(thousands) & international trade 45.4(millions of tons I think data which is given, is enough for get loan from any bank or institutions.

2. Suppose the chief lending officers want to present the data given above to demonstrate Novo ship’s strength in the marketplace. How could these data be organized and depicted graphically ? Company

No. of ships

Dead wt. tonnage

International trade

 

 

(thousands)

Millions of tonne

Novo ship

77

3339

45.4

Baltic

178

1921

11.3

Far Eastern

228

1846

10.1

Murmansk

78

929

5.6

Northern

135

673

5.2

Primorsk

53

598

2.1

Sakhalin

88

419

2.5

Kamchatka

53

220

0.3

Arctic

25

94

0.2

Company 1-Novoship

No. of ships

No. of ships 250

77

228

2-Baltic

178

200

3-Far Eastern

228

150

78

5-Northern

135

6-Primorsk

53

7-Sakhalin

88

8-Kamchatka

53

9-Arctic

25

No. of Ships

4-Murmansk

178 135

100

88

78

77

53

50

53 25

0 1

2

3

4

5

6

Company

7

8

9

10

Company

Dead Weight tonnage (thousands)

Dead Weight tonnage (thousands)

4000

1-Novoship

3339

3500

2-Baltic

1921

3000 2500

1846

4Murmansk

929

5-Northern

673

6-Primorsk

598

7-Sakhalin

419

8Kamchatka 9-Arctic

220 94

Dead weight tonnage (thousands)

3-Far Eastern

3339

2000

1921 1846

1500 1000

929

673 598

500

419

220 94

0 1

2

3

4

5

6

Company

7

8

9

10

1-Novoship

45.4

2-Baltic

11.3

3-Far Eastern

10.1

4Murmansk

5.6

5-Northern

5.2

6-Primorsk

2.1

7-Sakhalin

2.5

8Kamchatka

0.3

9-Arctic

0.2

International Trade(million of tons)

International Trade(million of tons)

Company

International Trade(million of tons)

50 45 40 35 30 25 20 15 10 5 0

45.4

11.3 10.1 5.6 1

2

3

4

5.2 5

2.5

2.1 6

Company

7

0.3 8

0.2 9

10

In graphs you can see the international trade & dead weight tonnage of Novoship is highest, however they have only 77 ships. So we can guess that the profitability of the company is very high. But here the earnings of the company is not given, but I think this is very important thing to show company’s progress. As maintioned 80%of Novoship’s stock is owned by the Russian Govt. So we can say that the company is a part of Govt.

Q3: Novo ship is far & away the largest shipper by tonnage of the Russian ocean carriers. However, 4 other companies they have more ships. Novo ship avg. more tonnage ship leading one to believe that other companies have more smaller ships. Is there a way to organize the ship for all nine companies by size so that we can then determine which categories the novo ship ships belong in?

Ans: Company

No. of ships

Dead wt. tonnage

Dead wt. tonnage/

Ranking of the companies

(thousands)

no. of ships(a)

as per obtained in (a)

Novo ship

77

3339

43.36

1

Baltic

178

1921

10.79

4

Far Eastern

228

1846

8.09

5

Murmansk

78

929

11.91

2

Northern

135

673

4.98

6

Primorsk

53

598

11.28

3

Sakhalin

88

419

4.76

7

Kamchatka

53

220

4.15

8

Arctic

25

94

3.76

9

In this table you can see the highest rank of Novoship among all companies. So we can determine the Novoship’s category is highest by size in all of compnies.

The Novoship holds a concept that the key to achieve organizational goals consists of the company being more effective then competitors in creating delivering and communicating superior customer value to its chosen target market.

Conclusions from the table shown above: It implies that novo ship is amongst the top companies which owe largest ships because it is ranking first in the output showing in terms of dead weight tonnage followed by Murmansk & Primorsk. Kamchatka & Arctic are having lowest ships in terms of dead weight tonnage & are positioned last among all companies

THANK YOU

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