ERIC Number: EJ1352744
Record Type: Journal
Publication Date: 2022-Oct
Pages: 11
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1540-4595
EISSN: EISSN-1540-4609
Introducing Business Analytics in Context: An Excel Project to Analyze Product and Sales Data for Inventory Purchase Decisions
Decision Sciences Journal of Innovative Education, v20 n4 p190-200 Oct 2022
This article presents a project that uses a business context to introduce students to a multiphase approach to analytics while relying primarily on an introductory Excel course for prerequisite knowledge. A range of analytics techniques--including Excel Pivot tables and charts, regression trend lines, and linear programming--are combined into an integrative project. Using a customer orders database, student groups took on the role of category management teams assigned to analyze product sales, pricing, and costs to create an optimized purchase plan to replenish inventory. The instructor-guided project was employed in a sophomore-level introductory business intelligence course positioned within an undergraduate business core curriculum. Based on the context and level, such a project could be used in a business core course such as fundamentals of business, marketing, operations/supply chain management, information systems, or business analytics.
Descriptors: Data Analysis, Computer Software, Business Administration Education, Decision Making, Introductory Courses
Wiley. Available from: John Wiley & Sons, Inc. 111 River Street, Hoboken, NJ 07030. Tel: 800-835-6770; e-mail: cs-journals@wiley.com; Web site: https://bibliotheek.ehb.be:2191/en-us
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A