Questions
The Arsenal of Trade Weaponry Trade policy instruments are designed with one thing in mind: protectionism....
The Arsenal of Trade Weaponry
Trade policy instruments are designed with one thing in mind: protectionism. Most are unambiguously pro-domestic producer and anti-consumer. Domestic producers mainly gain due to greater protection from foreign competition, whereas consumers lose by facing higher prices and lower product variety.
Governments intervene in international trade for political and economic reasons. Choices are abundant when selecting from the "arsenal" of trade weapons, including tariffs, subsidies, import quotas, voluntary export restraints (VERs), local content requirements (LCRs), administrative policies, and antidumping duties. Nations usually adopt trade regulations to achieve stated national objectives, but these regulations may have undesirable effects on many sectors of the economy, including higher prices for consumers, overproduction of agricultural products, and the insulation of nonefficient producers.
In: Other
The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders...
The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:
| Year | Demand |
|---|---|
| 5 years ago | 900 |
| 4 years ago | 700 |
| 3 years ago | 600 |
| 2 years ago | 500 |
| Last year | 300 |
What is the forecast for this year using the naive approach?
What is the forecast for this year using a three-year weighted moving average with weights of .5, .3, and .2?
What is the forecast for this year using exponential smoothing with alpha = .4, if the forecast for two years ago was 750?
What is the forecast for this year using the least squares trend line for these data?
What is the forecast for this year using trend-adjusted (double) smoothing with alpha = .3 and beta = .2, if the forecast for last year was 310, the forecast for two years ago was 430, and the trend estimate for last year's forecast was -150?
The chair of the operations management department at Quality University wants to construct a p-chart for determining whether the four faculty teaching the basic POM course are under control with regard to the number of students who fail the course. Accordingly, he sampled 100 final grades from last year for each instructor, with the following results:
| Instructor | Number of Failures |
|---|---|
| Prof. A | 13 |
| Prof. B | 0 |
| Prof. C | 11 |
| Prof. D | 16 |
What is the sample proportion of failures (p) for Prof. D? What is the estimate of the mean proportion of failures for these instructors?
What is the estimate of the standard deviation of the sampling distribution for an instructor's sample proportion of failures?
What are the .95 (5 percent risk of Type I error) upper and lower control limits for the p-chart?
Using .95 control limits (5 percent risk of Type I error), which instructor(s), if any, should he conclude is (are) out of control?
In: Other
Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related...
Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Gershon has collected the data shown in the following table:
Maroon 5 TV Appearances 4 5 7 7 8 5
Demand for Guitars 4 5 6 6 10 7
a.) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places) Y= _ + _x
b.) The correlation coefficient (r) for this model = __ (round your response to four decimal places).
The coefficient of determination (r squared) for this model is __ (round your response to four decimal places)
The percentage of variation in sales that can be explained by TV appearances = __% round your response to two decimal places)
In: Other
Draw six Gantt charts that illustrate the execution of these processes using the following scheduling algorithms:
Draw six Gantt charts that illustrate the execution of these processes using the following scheduling algorithms:
In: Other
Two loads connected in parallel draw a total of 4 kW at 0.68pf lagging from a 120-v ms, 60-Hz line.
Two loads connected in parallel draw a total of 4 kW at 0.68pf lagging from a 120-v ms, 60-Hz line. One load absorbs 3.3 kVAR at a 0.6 pf lagging. Determine:
a) The pf of the second load
b) The capacitor value in Farads required to correct the overall pf from 0.68 to 0.9 lagging for combine loads.
c) The current drawn from the supply under the new power factor of 09.
In: Other
Read the case study and answer the following questions1. Describe Amy's entrepreneurial style. What are...
Read the case study and answer the following questions
1. Describe Amy's entrepreneurial style. What are the strengths and weaknesses of Amy's style? How does her style impact an expansion decision?
2. Identify Amy's mission and key goals and objectives for the company
3. What internal strengths and weaknesses exist? What are the external opportunities and threats facing Amy's Bread?
4. Who are Amy's customers? Should Amy concentrate on just retail or wholesale business?
5. What would you do if you were Amy? Some options include:
expand,
stay put,
expand with wholesale only,
expand with retail only,
expand with wholesale and retail,
two locations or one.
In: Other
The president of State University wants to forecast student enrollment for this academic year based on...
The president of State University wants to forecast student enrollment for this academic year based on the following historical data:
|
Year |
Enrollments |
|
5 years ago |
15,000 |
|
4 years ago |
16,000 |
|
3 years ago |
18,000 |
|
2 years ago |
20,000 |
|
Last year |
21,000 |
What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 16,000?
In: Other
The production function for an entire economy is typically viewed as an aggregate of all the microeconomic firm-level production functions. The figure below depicts such an aggregate production function for an economy. The economy is currently at point A
The production function for an entire economy is typically viewed as an aggregate of all the microeconomic firm-level production functions. The figure below depicts such an aggregate production function for an economy. The economy is currently at point A in the figure below.
In 2011, a major earthquake and tsunami in Japan destroyed significant physical capital, including roads, homes, factories, and bridges. Using your knowledge of the Solow model of economic growth, what would be the effect on the aggregate production function of such a destruction of physical capital in Japan? Shift the curve, or shift the point on the production function, to depict the impact of the destruction of physical capital.
In: Other
Consider a file currently consisting of 100 blocks. Assume that the File Control Block (or, the...
Consider a file currently consisting of 100 blocks. Assume that the File Control Block (or, the index block, in case of indexed allocation) is already in the RAM. Calculate how many disk I/O operations (“read block” or “write block”) are required for contiguous, linked, and indexed (single-level) allocation strategies, if the following conditions hold (In the contiguous allocation case, assume that there is no room to grow in the beginning, but there is a room to grow in the end. In the linked allocation case, assume that FCB stores pointers to the first and the last block of the file; note that if a block is added or removed at the front or the end of the file, then the corresponding pointer is to be updated in FCB, but, since FCB is in the RAM, it does not require additional I/O operations. Assume that the block information to be written to the hard disk is stored in RAM).
a. The block is added at the beginning
b. The block is added in the middle
c. The block is added at the end
d. The block is removed from the beginning
e. The block is removed from the end.
This question was answered before but they gave just the answers no explanation. Can someone explain how the numbers were derived?
In: Other
The Discount Appliance Store uses a continuous review system (Q system).
The Discount Appliance Store uses a continuous review system (Q system).
One of the company's items has the following characteristics:
- Demand =10 units/week (assume 52 weeks per year)
- Ordering or Setup Cost (S)=$ 45) order
- Holding cost (H)=$12 unit/year
- Lead Time (L)=3 weeks (constant)
- Standard Deviation in Weekly Demand = 8 units
- Cycle-Service Level =70%
What is the EOQ for this item?
What is the desired safety stock?
What is the desired reorder point R?
What is the total annual cost?
Suppose that the current policy is Q=80 and R=150. What will be the changes in average cycle inventory and safety stock if your EOQ and R values are implemented?
In: Other
PA 9-4 Consider again the company making tires for... Consider again the company making tires for...
PA 9-4 Consider again the company making tires for...
Consider again the company making tires for bikes is concerned about the exact width of their cyclocross tires. The company has a lower specification limit of 22.8 mm and an upper specification limit of 23.4 mm. The standard deviation is 0.19 mm and the mean is 23.1 mm.
(Round your answer to 4 decimal places.)
a.What is the probability that a tire will be too narrow?
(Round your answer to 4 decimal places.)
b.What is the probability that a tire will be too wide?
(Round your answer to 3 decimal places.)
c.What is the probability that a tire will be defective?
In: Other
Given an unfiltered half-wave rectifier circuit with an input ac voltage of 115 Vrms
Given an unfiltered half-wave rectifier circuit with an input ac voltage of 115 Vrms, a turns ratio of 4:1 (Npri:Nsec) and a load resistance of 50 Ω. Determine (a) peak value of the primary voltage, (b)peak value of the secondary voltage, (c) peak value of the load voltage, (d) dc load voltage, and (e) dc load current.
In: Other
Deadlocks. The Banker's algorithm is used for deadlock avoidance. Consider the state of resource availability and allocation defined by the following matrices.
Deadlocks. The Banker's algorithm is used for deadlock avoidance. Consider the state of resource availability and allocation defined by the following matrices.
(1) Assuming that the total amounts for resources R1, R2, and R3 are 10, 2, and 10, should a new request to the Banker's algorithm by process P3 to acquire one additional resource from R1 and one additional resource from R3 be approved or denied? Explain why or why not
(2) Assuming that the total amounts for resources R1, R2, and R3 are 10, 2, and 10, should a new request to the Banker's algorithm by process P4 to acquire one additional resource from R3 be approved or denied? Explain why or why not.
(3) Assuming that the total amounts for resources R1 and R2 are 10 and 2, what is the minimum amount for resource R3 that would render the above state a safe state under the Banker's algorithm? P3, and P4 to complete their execution subject to the Banker's algorithm amount for resource R3 that would make it possible for the Banker's algorithm to allow process
(4) Given your answer for part (3) what are all the possible orderings for the four processes P1, P2,
(5) Assuming that the total amounts for resources R1 and R2 are 10 and 2, what is the minimum P1 to complete its execution before all other three processes?
In: Other
1. Which of the following is a formal research method? Group of answer choices Looking in...
1. Which of the following is a formal research method?
Group of answer choices
Looking in company files
Brainstorming
Investigating primary sources
Talking with your boss
2. When should passive voice be used in business writing?
Group of answer choices
When you want to de-emphasize the action or the recipient of the action
Never
When you want to conceal the doer of the action
When you want to emphasize the bad news
3. Select ALL that apply
To build paragraph coherence, a writer should
Group of answer choices
repeat a key idea by using the same expression or a similar one.
show connections with transitional expressions.
use pronouns to refer to previous nouns.
4. In effective business writing, where in a paragraph does a topic sentence usually appear?
Group of answer choices
Midway through, to keep readers focused
At the end, to summarize what has been discussed
Topic sentences are unnecessary in business writing.
At the beginning, to let readers know what to expect
5. The sentence that expresses a paragraph's main idea is called the
Group of answer choices
topic sentence.
supporting content.
preview.
blueprint.
In: Other
It takes a barber 15 minutes to serve one customer. a. What is...
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In: Other