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Case Scenario 3: B.B. Mangler.
B.B. Mangler is a top U.S. business-to-business distributor of maintenance, repair, and service equipment, components, and supplies such as compressors, motors, signs, lighting and welding equipment, and hand and power tools. Customers include contractors, service and maintenance shops, manufacturers, hotels, government, and health care and educational facilities. Mangler's industry is typically referred to as MRO, an acronym for maintenance, repair, and supplies. Mangler states its strategy as having the "capacity to quickly offer an unmatched breadth of lowest total cost MRO solutions to business." Mangler's GoMRO sourcing center for indirect spot buys locates products through its unique database of 8,000 suppliers and 5 million products. Mangler also dominates the North American market in terms of its sheer local physical presence. It has 388 physical branches in the U.S. largest cities, including Puerto Rico (90 percent of sales) , 184 in Canada, and 5 in Mexico. This physical presence also has garnered Mangler a reputation for excellent, dependable service in its target markets, which in turn translates into a vast and loyal clientele.
-(Refer to Case Scenario 3) . Mangler's physical locations are best an example of
Regression Equation
A formula derived from regression analysis that predicts the dependent variable based on the values of one or more independent variables.
Regression Model
A statistical technique used to predict the value of a dependent variable based on the values of one or more independent variables.
Estimated Regression Equation
A formula that models the relationship between dependent and independent variables, predicting the dependent variable based on values of the independent variables.
Correlation Model
A statistical model that describes the relationship or association between two or more variables using a correlation coefficient.
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