Citizen's Gas Company

CASE 20.1-CITIZENS GAS COMPANY MOHAMED TOURE STRAYER UNIVERSITY ACC 564-ACCOUNTING selective information SYSTEMS prof: DAVID OCHWANGI DECEMBER 13, 2010 1/ certain criteria must be considered in specifying the basic structure and features of Citizens float ships companys refreshful outline in planning its vivid blow out needs such as looking for at individually segment of its business as a single entity and counselling on the key elements that influences supply and collect. Citizens blow friendship number unitary goal with the invigorated planning frame is to have a more(prenominal) accurate need on their customers consumption of natural gasolene by having a make water understanding of all the factors or variables that discover their affect. Unfortunately, this company has non been very successful in finding the everlasting(a) labyrinthine sense between the supply curve and direct curve for their product. The whoremaster is that the equilibrium point is never dead(a) and is consistently evolving depending on the change of the different variables that affect it. Companies such as Citizens Gas are always confronted with this conundrum because it is very weighed down to determine exactly how much gas to forecast the upcoming year without either over decree and having to pay for more than needed or under order of magnitude and being set about with lost in revenue.

This new system would be more successful if it looks at apiece component of the business one at a term first and then as a whole. First, the new system should look at the residential side of the business and punctuate over all the fa! ctors that affect its revenues. It is known by Citizens Gas that this segment of their business is very responsive to the prevail. The demand for gas in this residential sector is very elasticized to the weather. If the weather is predicted to be cold the demand goes up and unrighteousness versa. In order to forecast accurately what the expected demand would be, one should have a great picture of what the weather is expiration to be like for the upcoming year. Secondly and third both...If you expect to get a full essay, order it on our website: BestEssayCheap.com

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