This document analyzes sales order data and profits from different price points for tour packages. Graphs and charts are used to evaluate the relationship between price and orders. The analysis finds that setting a price of £700 would likely increase sales based on the presented data. It examines correlation between price and order frequency, finding they are highly related with changes in one linked to changes in the other. The conclusion is that business decision making requires a systematic analysis of factors and their relationships to help determine optimal pricing.

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2. • Introduction
• Graphs and Line chart use to depicts the sales orders and price of the
packages determination.
• Use of statically tools to evaluate the order of tours package and price
relation
• Pie chart
• Conclusion
• References
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3. This survey methodology is comprised of several set of process system and
with the help of this several data is collected by the top management
Graphs charts and other tools are taken into consideration for better decision
making
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4. help@hndassignments.co.uk
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Price range Sales orders
£ 500 3
£ 700 8
£ 1000 7
£ 1500 2
£ 2000 5
£ 2500 2
Price determination of Tours packages as per this information depicts that
company should set up the price of tours packages around at £ 700 to increase
sale.

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0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
200- 300 300- 400 400- 500 500-600
Profits

6. • This Correlation of coefficient in this project report represent the relation
between two variable factors such as price of the tours packages and
frequency of orders.
• The computed outcome of the data collected represents that both sales price
and frequency of order are interrelated highly and showcase the opposite
changes in determined manner.
• As if the price of the packages is increased then the demand of the product
will be decreased by 97%.
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8. help@hndassignments.co.uk
22%
15%
37%
17%
9%
Sales oders
200- 300
300- 400
400- 500
500-600
600-700
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9. Business decision making in organization must insert productive process system, creation of
synergy, estimation and evaluation of circumstances and associated factors and systematic
approach to operate business.
With the help of financial tools a proper estimation should be derived by the management
department.
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11. • Sampath, S. & Anjana, K. 2016, "Percentile Matching Estimation of Uncertainty Distribution",
Journal of Uncertainty Analysis and Applications, vol. 4, no. 1, pp. 1-13.
• Chu, B. 2012;2011;, "Large deviations estimation of the windfall and shortfall probabilities for
optimal diversified portfolios", Annals of Finance, vol. 8, no. 1, pp. 97-122.
• Nadadur, G., Raschke, U. & Parkinson, M.B. 2016, "A quantile-based anthropometry synthesis
technique for global user populations", International Journal of Industrial Ergonomics, vol. 53, pp.
167-178.
• Jayalakshmi, N.S., Ravindra, S., Nagaraj, K.R., Rupesh, P.L. & Harshavardhan, M.P. 2013,
"Acceptable Deviation between Facial and Dental Midlines in Dentate Population", The Journal of
Indian Prosthodontic Society, vol. 13, no. 4, pp. 473-477.
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