Thursday, February 13, 2020

Responding to a Government Solicitation Assignment

Responding to a Government Solicitation - Assignment Example However, despite these efforts from the concerned stakeholders especially the federal government, the Federal Highway Administration (FHWA) states that the levels of funding are not adequate enough to improve or maintain the conditions of the national highways. Additionally, the revenues generated from motor fuel tax; which is the main source of federal surface transportation funding, is eroding. As of March 2012, according to the Congressional Budget office, to maintain current expense levels and account for inflation from the year 2013-2022, FHWA will need $125 billion more of what it is expected to take in during this period. Discussions with experts and stakeholders lead to the identification of 40 practices and materials that can result to improvement of the performance of pavements, reducing life-cycle costs and extending service life. These practices and materials cover a range of applications and uses across the stages of highway life cycle, starting from the design and const ruction stages through preservation and maintenance cycles to last stage of reconstruction. Numerous challenges limit the federal government in its quest to maintain the highways. ... Our company will certainly place its bids in the recently announced contracts by the government. 1. Opportunity name and project location AK DEN 2009(8), Manokotak Heights Road Reconstruction Location: Manokotak, Alaska. 2. Solicitation Number DTFH70-12-B-00008 3. Agency Federal Highway Administration (FHWA) 4. Office Office of Federal Lands Highway Western Federal Lands Highway Division 610 E 5th Street Vancouver, WA 98661 (360) 619-7700 5. Location Vancouver 6) URL http://www.wfl.fhwa.dot.gov/contracting/construction/upcoming.htm Steps that would determine if the company is awarded the contract 1. Completing important contract administration tasks My company will register with Vendor Support Center. This site will be vital in providing publications, training, and resources to help the company achieve success. Start with the new contractor orientation center and the success steps guide. This can be found in the publications tab from vendor support center. Refer to events for vendors with the government contracts The next vital step is to create, distribute and maintain my company pricelist. This will include submission of two copies of pricelist to the GSA procurement contracting officer within one month of award. Before the submission of the price lists, the company will upload its current approved pricelist to GSA Advantage! ®. 2) The next step is marketing to the government To ensure success of the schedules contact, then active promotion of the business to potential customers is a necessity. In this case, we are responding to government solicitation therefore our customer is the government. We plan to do this by looking and marketing the company to the government highway maintenance and repairs agency. We

Saturday, February 1, 2020

Regression Analysis Models for Marketing Decision Making Essay

Regression Analysis Models for Marketing Decision Making - Essay Example Regression analysis is a statistical technique that determines linear relationships between two or more variables. Businesses mainly use regression as a causal inference and for predictions. The major regression models available are linear regression model, non-linear regression model, logistic regression and multinomial logistic regression. Simple regression models use only two variables to achieve a particular statistical result. Multiple linear regression is a regression that applies more than two variables. Logistic regression procedures in quantitative statistics will produce all predictions, residuals and influence statistics. Logistic regression also produces goodness-of-fit tests using sales and marketing data in the case where it has to make predictions for the marketing department. The goodness-of-fit tests are created at the individual case level, and this is regardless of methods of data insertion and whether or not the number of covariate patterns is lesser than the total number of instances in question. On the other hand, multinomial logistic regression procedure aggregates all cases internally to form subpopulations with identical covariate patterns for the predictors, residuals, and goodness-of-tests. Non-linear regression is a quantitative statistical method of finding a nonlinear model of the relationship between the dependent variable and a set of several independent variables. Current non-linear models can be used to estimate models with arbitrary relationships between dependent and independent variables. Iterative estimation is mostly used to achieve non-linear regression. Predicting future marketing trends is business is an essential requirement for the management if they have to beat the competition. This is because a lot of the data is available for use by business nowadays due to advancements in technology like the web that collects a lot of statistical data for analysis. The primary problem facing businesses is identifying the  optimal data analysis model to use in the analysis the quantitative data and getting valid information for predicting the future marketing trends.