Questions
Note that Walmart's fiscal year starts the first week of February. This means that when analyzing...

Note that Walmart's fiscal year starts the first week of February. This means that when analyzing the data, week 41 is actually week 45(41+4 weeks for January) in 2003 or the beginning of November 2003. Also, week 52 is actually week 4 (52+4 weeks for January 2003 minus 52 weeks for 2003) in 2004 or the end of January 2004.

1. Identify spikes(outliers) in the data where extreme (high or low) sales values occur and correlate these spikes with actual calendar dates in 2003 or 2004 and with any holidays or special events or abnormally slow periods that may occur during these periods.

Week Sales in $
41 18000
42 16800
43 15200
44 15000
45 13600
46 16000
47 12600
48 14800
49 16800
50 14800
51 15200
52 16000
53 15600
54 15600
55 15000
56 15700
57 15800
58 13800
59 12800
60 14400
61 15800
62 16000
63 12400
64 16200
65 17000
66 18600
67 16000
68 18000
69 19600
70 18600
71 18450
72 18000
73 18200
74 18600
75 16000
76 15200
77 16800
78 15800
79 17600
80 15800
81 15600
82 14200
83 16600
84 16100
85 14100
86 14400
87 14500
88 16900
89 17000
90 16000
91 17800

In: Statistics and Probability

In a two product economy, how can more of one good be produced without reducing the...

In a two product economy, how can more of one good be produced without reducing the amount of the another good produced? identify at least THREE factors that contribute to this increase and explain how they contribute to the increase.

In: Economics

Your answer should be between 300 and 500 words long for each question section A 1....

Your answer should be between 300 and 500 words long for each question

section A

1. Discuss three elements of literature and give examples from any of the texts studied in
class.

2. Analyze three sound or literary devices that Dylan Thomas uses in the poem “Do Not
Go Gentle into that Good Night” to convey the theme of death.

3. Discuss Chinua Achebe’s Things Fall Apart as a tragedy.

4. Examine three major conflicts in William Shakespeare’s Romeo and Juliet and
determine how the conflicts you identify contribute to the fatal end of the two star-crossed lovers.

In: Psychology

Define and explain the relationship between total revenue, average revenue, and marginal revenue for a monopolist....

Define and explain the relationship between total revenue, average revenue, and marginal revenue for a monopolist. What is monopoly profit? Should a monopolist produce quantities of product greater than that which would maximize profits?

In: Economics

What is the difference between a debt/income ratio and a debt serving ratio? What impact on...

What is the difference between a debt/income ratio and a debt serving ratio? What impact on both measures did the monetary policy from the late 1990s to 2004 have?

In: Economics

McEwan Industries sells on terms of 3/10, net 20. Total sales for the year are $1,643,000;...

McEwan Industries sells on terms of 3/10, net 20. Total sales for the year are $1,643,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 74 days after their purchases. Assume 365 days in year for your calculations.

  1. What is the days sales outstanding? Round your answer to two decimal places.
    ________ days

  2. What is the average amount of receivables? Round your answer to the nearest cent. Do not round intermediate calculations.
    $_______

  3. What is the percentage cost of trade credit to customers who take the discount? Round your answers to two decimal places.
    _________ %

  4. What is the percentage cost of trade credit to customers who do not take the discount and pay in 74 days? Round your answers to two decimal places. Do not round intermediate calculations.
    Nominal cost: %
    Effective cost: %

  5. What would happen to McEwan’s accounts receivable if it toughened up on its collection policy with the result that all nondiscount customers paid on the 20th day? Round your answers to two decimal places. Do not round intermediate calculations.
    Days sales outstanding (DSO) = _______days

    Average receivables = $_________

In: Finance

The sales manager of a potato chip manufacturing company ltd noticed that the sales of a...

The sales manager of a potato chip manufacturing company ltd noticed that the sales of a winning brand have been declining two months in a row. He interpreted the problem as ‘ineffective advertising’. He instructed the marketing researcher to investigate the efficiency of the advertising campaign. The researcher conducted an exploratory research and discovered that the retailer support had declined because of new competitive quality products which provided higher value and profit margins on sales. Retailers are therefore making more profit by selling the competitive quality product. This information made it clear to the researcher that an investigation of advertising effectiveness would not solve the problem instead re-definition of the problem was necessary. Subsequently, it was defined in conjunction with the sales manager as ‘competitive pricing based on quality and profit margins’. Furthermore, the researcher realized that there are many factors that contribute to the success of the company on the market place, aimed at satisfying the needs and wants of customers which are met by creating the quality products and adequate services. He, therefore concluded that marketing operates in a dynamic environment and is facing new challenges brought about by players new or old.

Source: Donald et al, (2006), Business research methods,

  1. With regards to Potato chip manufacturer, why should there be any question about the definition of research?                                                             [5 Marks]
  2. You are the departmental head- Marketing Manager- of Potato Chip manufacturing company ltd and have the Sales manager and the marketing researcher reporting to you as your subordinates. You have received the research report on the findings done by the researcher. What are the six key qualities you will be looking for in the report?

                                                                                                               [12 Marks]

  1. Define the distinction between primary, secondary and tertiary sources in a secondary research.                                                                                 [8 Marks]

In: Operations Management

There were key similarities between the American economic crisis and the European crisis. As well as...

There were key similarities between the American economic crisis and the European crisis. As well as key differences.

Describe these similarities and differences. In your description of the similarities, explain key relationships between the causes of the crisis in the United States and the causes in Europe (for instance, how did the housing bubble contribute to the crises in both Europe and the United States? What were some of the key characteristics of the recessions in the United States and Europe? What were some of the key similarities in government policies and actions in response to the crisis? What are the three differences? Describe them.

In: Economics

From the table below giving the quantity demanded of a commodity (Y), its price (X10, and...

  1. From the table below giving the quantity demanded of a commodity (Y), its price (X10, and consumer income (X2) from 1996 to 2015,
  1. Find the least-squares regression equation of Y on X1 and X2 USING EXCEL’S DATA ANALYSIS TOOL.
  2. Test at the 5 percent for the statistical significance of the slope parameters,
  3. Find the adjusted and the adjusted coefficients of determination, and
  4. Test at 5 percent level for the overall statistical significance of the regression.

Show all your results to three decimal places.

Year

Y

X1

X2

1996

72

$10

$2000

1997

81

9

2100

1998

90

10

2210

1999

99

9

2305

2000

108

8

2407

2001

126

7

2500

2002

117

7

2610

2003

117

9

2698

2004

135

6

2801

2005

135

6

2921

2006

144

6

3000

2007

180

4

3099

2008

162

5

3201

2009

171

4

3308

2010

153

5

3397

2011

180

4

3501

2012

171

5

3689

2013

180

4

3800

2014

198

4

3896

2015

189

4

3989

In: Economics

A menswear manufacturer knows that the height of all men is normal with a mean of...

A menswear manufacturer knows that the height of all men is normal with a mean of 69 inches and a standard deviation of 3 inches.
a) What proportion of all men have a height between 69 and 74 inches?
b) What proportion of all men have a height between 67 and 74 inches?
c) What is the 95th (and 99th) percentile of all men’s heights?

In: Statistics and Probability