Case Study: IGiven a scenario where data is transmitted to a provider and they match a certain percentage of the data whenthey sent it back. You're given the cost to send each transaction and the percentage that can be matched for each. They then give you the total percent savings per matched transaction and the dollar value saved. Involved solving for... 1 - Unit Cost savings for each (2) provider. Which provider would you use? 2 - Total number of transactions that could be processed for each given a budget. You then have to find the total cost savings using that and the other information. 3 - Plot the total transactions and total cost savings for each on a graph. Find the ideal number to produce (where the two intersect). Use the slope formula. Use rise/run. 4 - Interpret that number. If the number was higher than that which provider would you use? If it was lower?
