Question
Case: London Water 1. What are some options available to Welker to balance London Water's budgets? 2. Consider the key elements of London Water's infrastructure.
Case: London Water
1. What are some options available to Welker to balance London Water's budgets? 2. Consider the key elements of London Water's infrastructure. How would you describe London Water's cost behaviour? What are the implications of this? 3. If the City chooses to move forward with a rate change, what rate structure would you recommend and why? 4. In Welker's decision-making process, what are the most relevant considerations? What of the issues discussed in the case are unimportant and should not factor into the decision? 5. If London Water decides to make a change, what will the division need to do to garner the necessary community support? 6. If you are consulting for London Water, and one of management's preferences is water conservation, what kind of data would you request from the client in order to determine if citizens reduced water consumption following the rate change? 7. Why might London Water not be able to give you data that you request? 8. Thinking about variables to include in a regression, what are some non-London Water data sets that you might want to acquire? How would you go about accessing this additional data?
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