Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2 pages or acre wree parts SGU questo mouru ve most 6 pages in total). 3. An organisation is reviewing the performance of its branches

image text in transcribed
image text in transcribed
2 pages or acre wree parts SGU questo mouru ve most 6 pages in total). 3. An organisation is reviewing the performance of its branches using data envelopment analysis. The data they have collected for these branches is shown below. Branch Number of customers ('000) Number of employees A B D E F 22 18 23 Customer satisfaction score 14.2 14.8 20.7 12.0 18.6 21.2 52.9 48.9 40.4 11.4 26.3 35.2 13 17 23 For example branch E last year employed 17 people and had 26,300 customers. The customer satisfaction score is a measure of how satisfied a Page 3 of 9 UL20/0468 customer is with the branch (arrived at by surveying a random sample of customers, approximately 1% of the number of customers a branch has). The higher the satisfaction score, the more satisfied customers are. Branch , for example, had a satisfaction score of 18.6. (a) Apply data envelopment analysis to compare the relative performance of these branches using the data shown above. Copy the table shown below into your answer and fill in the efficiencies and reference sets (where appropriate) (12 marks) Branch Efficiency Reference set A B D E F (b) In a discussion with a colleague as to your analysis they have noted that you have not included the fact that customer satisfaction is scored out of 25. They feel that this information should have been included in your analysis, and would have altered the results. What would you say to them? (2 marks) (c) Another colleague has argued that customer satisfaction score is a wrong measure to use and you should use total satisfaction, defined as the current customer satisfaction score multiplied by the number of customers. What would you say to them? (5 marks) (d) The company CEO feels that only sampling approximately 1% of the customers in a branch to get a customer satisfaction score is insufficient and could result in some branches being shown to be efficient when in fact they are inefficient; or branches being classified as inefficient when they are actually efficient. In support of their argument they have produced the new customer satisfaction scores shown below based on a larger sample. What would you say to them? Branch Customer satisfaction score (6 marks) 13.1 16.3 19.2 11.0 20.5 F 19.3 E UL20/0468 Page 4 of 9 2 pages or acre wree parts SGU questo mouru ve most 6 pages in total). 3. An organisation is reviewing the performance of its branches using data envelopment analysis. The data they have collected for these branches is shown below. Branch Number of customers ('000) Number of employees A B D E F 22 18 23 Customer satisfaction score 14.2 14.8 20.7 12.0 18.6 21.2 52.9 48.9 40.4 11.4 26.3 35.2 13 17 23 For example branch E last year employed 17 people and had 26,300 customers. The customer satisfaction score is a measure of how satisfied a Page 3 of 9 UL20/0468 customer is with the branch (arrived at by surveying a random sample of customers, approximately 1% of the number of customers a branch has). The higher the satisfaction score, the more satisfied customers are. Branch , for example, had a satisfaction score of 18.6. (a) Apply data envelopment analysis to compare the relative performance of these branches using the data shown above. Copy the table shown below into your answer and fill in the efficiencies and reference sets (where appropriate) (12 marks) Branch Efficiency Reference set A B D E F (b) In a discussion with a colleague as to your analysis they have noted that you have not included the fact that customer satisfaction is scored out of 25. They feel that this information should have been included in your analysis, and would have altered the results. What would you say to them? (2 marks) (c) Another colleague has argued that customer satisfaction score is a wrong measure to use and you should use total satisfaction, defined as the current customer satisfaction score multiplied by the number of customers. What would you say to them? (5 marks) (d) The company CEO feels that only sampling approximately 1% of the customers in a branch to get a customer satisfaction score is insufficient and could result in some branches being shown to be efficient when in fact they are inefficient; or branches being classified as inefficient when they are actually efficient. In support of their argument they have produced the new customer satisfaction scores shown below based on a larger sample. What would you say to them? Branch Customer satisfaction score (6 marks) 13.1 16.3 19.2 11.0 20.5 F 19.3 E UL20/0468 Page 4 of 9

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Study Guide/Workbook For Use With Introduction To Managerial Accounting

Authors: Peter Brewer, Ray Garrison, Eric Noreen

3rd Edition

0072835249, 978-0072835243

More Books

Students also viewed these Accounting questions

Question

What are some reasons for the current wave?

Answered: 1 week ago