Economic Forecasting. Assume you are a cartoon artist at a local theme park. At your current price, $8.50, you sell 500 sketches a month. As a result of a $1.00 price increase sales reduced by 100 sketches.

1. What is the demand elasticity of your sketches? Interpret your results.
2. Assume your marginal cost is $4. What is your desired margin and your current margin? Interpret these numbers.
3. Was your price strategy profitable? Why or why not?

Heating degree-day (HDD) and cooling degree-day (CDD) futures contracts make payments based on whether the temperature is abnormally hot or cold

. Required: a) Illustrate how these types of contracts are traded on the Chicago Mercantile Exchange (CME) using example(s)

. b) Evaluate why the following business might be interested in such a contract

:i) Soft drink manufacturers;

ii) Ski resort operators;

iii)Electric utilities;

iv)Amusement park operators.

The Kentucky cave shrimp is an endangered species which lacks eyes and has a translucent body suggesting that the animal has long lived underground. An important question that ecologists would like to understand is how biotic as well as abiotic factors in its environment have contributed to restrict the historical range of this unique species from 5 localities in the state to now just the groundwater basins in the Mammoth Cave National Park region. The level of ecological study in question would be: ?

A scientist is interested in whether the color of rice (white vs. brown) makes birds explode with greater force. Six pigeons were captured in Liberty Park. Each was then force-fed five pounds of rice, and the power of the ensuing explosion was then measured: Explosion Strength Rice in Megatons

White 2 White 2 White 3 Brown 8 Brown 9 Brown 10

Perform the one way ANOVA. What’s the between sum of squares (BSS)?

CASE STUDY

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

F. Refer to Dave McClure’s pirate metrics, explain each and every point of the metrics of your innovation

G. Is there a possibility to make unrelated diversification under the same company for Miss Yinnary? Please Explain your thoughts

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

e. Provide SCAMPER for your Innovation

f. Draw a Maslow Triangle of Needs and Explain in each stage of those theories the function of your Innovation where possible.

NOTE : PLEASE DO IN THE PIECE OF PAPER / SCREEN SHOT AND TAKE PIC MORE CLEARLY AND PLEASE SEND IT HERE THANK YOU

CASE STUDY QUESTION

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her. During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs.

In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

H. If unrelated diversification is not possible, explain your thought in term of related diversification

I.What is the Tao of Innovation? Explain in detail the 9 elements of the Tao of Innovation. Give examples !

number h and i the question were based on study case article from above you need to explain more detail and provide the example

case study question

Miss Yinnary is one of the many women who own their own businesses and her experience is not very different from others, who must contend with being a mother, a spouse and a family cheerleader in addition to owning and operating a business. She is the owner of the famous Y-Hotel. It was her first business, though she had some family background in this business. Her two sisters were also in the same line of business. But she borrowed some money, put in some of her savings and started her own venture. She was the first woman ever to enter into this business, most of her clients could not understand that a woman could be interested in the hospitality industry. To Step up her game in the hospitality Industry , Miss Yinari is seeking someone who understands innovative entrepreneurship to assist her.

During her rise to success and in management of her hotel business, she also needs to manage a family, stay teaching in university and dealing with community affairs. In her mind, there is nothing more exhilarating than owning her own business, and for her, the fun is in facing the challenges of turning the hotel into a first ever hotel that provide customers an unforgettable experience with innovation

In the present time, more women are making this choice, pursuing entrepreneurship rather than staying as housewives or traditional careers. For the past few years, the number of women starting new ventures is three times as large as the number of men. There are several good reasons for this trend. Some women find that owning a business is the only way to combine a decent income with time for their children by having the flexibility to control their schedules. Others see themselves as unlikely corporate managers and recognizing the gender problem that exists for achieving success, they choose the entrepreneurial route. Still others see entrepreneurship as a way of controlling their lives, pursuing interests that would be impossible in a corporate job.

The dual roles of mother and entrepreneur often conflict, and husbands and wives

tend to develop separate career tracks that often cannot be reconciled. Women can

also find it lonely in a business world, especially if clients are predominantly men,

this was a problem for Yinari too.

Many women, however, have businesses that fit well with their interest and with

women customers. These include services in beauty care, nutrition, education,

entertainment etc. Nevertheless, being in business often exacts a double price for

women, yet for those with determination like Yinari, the rewards are always waiting.

Your Task as Business Consultant , Prepare a report regarding the following issues below :

c. Explain what is your IKIGAI Concept behind the innovation that you suggest ?

d. Draw a Lean Canvas for the Innovation that you come up with?

NOTE : PLEASE DO IN THE PIECE OF PAPER / SCREEN SHOT AND TAKE PIC MORE CLEARLY AND PLEASE SEND IT HERE THANK YOU

for number D you need to draw and to explain that were based on study case but you must draw on piece of paper

Based on the information below, create a project schedule (Gantt Chart). Assign tasks to either Workgroup or Individual.

Project: Vacation
Team: "Workgroup 1", "Individual"
Start/End: February 19 - May 26

START

A. February 19: Vacation participation must be confirmed
Time allotted: 7 days

i. Confirm participation
Time needed: 1 day

ii. Research vacation deals
Time needed: 1 days

iii. Decide on destination
Time needed: 2 days

iv. Create travel list
Time needed: 1 day

Slack available: 2 days

B. February 26: Lodging and excursion reservations must be made
Time allotted: 18 days

i. Research lodging options
Time needed: 3 days

ii. Make lodging reservation
Time needed: 1 Day

iii. Research and reserve excursions
Time needed: 5 days

iv. Make payment
Time needed: 1 days

Slack available: 8 days

C. March 16: All travel must be booked and confirmed
Time allotted: 57 days

i. Payment Status
Time needed: 3 days

ii. Reservation Status
Time needed: 1 day

iii. Pack
Time needed: 3 days

Slack available: 50 days

D. May 11: Check in to flights early
Time allotted: 1 day

i. Check into airport online
Time needed: 2 hours

ii. Receive itinerary/tickets
Time needed: 2 hours

iii. Call and reserve cab to airport
Time needed: 1 hour

Slack available: 20 hours, 30 minutes

E. May 12: Travel, Arrive at hotel (no later than 6:00 PM)
Time allotted: 18 hours

i. Board plane and fly to destination
Time needed: 6 hours

ii. Arrive at destination and grab luggage
Time needed: 2 hours

iii. Take shuttle to hotel and check in
Time needed: 3 hours

Slack available: 7 hours

F. May 12- May 25: Arrive at destination (Relax!)
Time allotted: 12 days

i. Unpack and get acquainted with hotel and surroundings
Time needed: 3 hours

ii. Relax, eat, dance, shop, explore
Time needed: 4-12 days

iii. Excursions
Time needed: 4-12 days

Slack available: 0-4 days

G. May 26th: Travel, Shuttle departs to airport at 11:00 AM (G)
Time allotted: 11 hours

i. Pack up all belongings and check out of hotel
Time needed: 3 hours

ii. Board shuttle at 11am at designated area
Time needed: less than 5 minutes

Slack time: 7 hours and 55 minutes

H. Arrive at airport and fly home

END

1. What is the exact amount that account receivables increased during the year? Hint: Use the Statement of Cash Flow.

2. What is the total Cost of Sales for the year?

3. How much did Park Systems invest in radio facilities?

4. What is EBITDA (Net Income before Interest Expense, Taxes, Depreciation and Amortization are deducted)?

5. How much did the company pay down its Note Payable?

Park Systems
Balance Sheet
Years Ended December 31
(in thousands)

Assets
Current Assets
Cash $ 23,283
Accounts Receivable, net 38,316
Prepaid Expenses 3,655
SIM Inventory 6,881
Total Current Assets 72,135

Long-Term Assets
Property & Equipment, net 462,602
Total Assets $ 534,737

Liabilities and Equity
Current Liabilities
Accounts Payable $ 14,807
Accrued Payroll 5,863
Accrued Expenses 14,659
Note Payable, current 26,972
Total Current Liabilities 62,301

Long-Term Liabilities
Note Payable, non-current 296,849
Total Liabilities 359,150

Stockholders Equity
Common Stock 134
Retained Earnings 175,453
Total Stockholders Equity 175,587
Total Liabilities & Stockholders Equity $ 534,737

Park Systems
Income Statement
Years Ended December 31
(in thousands)

Revenues
Data $ 201,663
SIM Subscription 120,998
SMS (texting) 40,333
SIM Purchase & Activation 19,113
Other Revenue 1,053
Total Revenues 383,160

Cost of Sales
GSM Roaming & Local Data 110,915
Carrier SMS Fees 24,200
SIM Manufacturing 8,601
Direct Labor 19,158
Total Cost of Sales 162,873
Gross Profit 220,287

Operating Expenses
Core Telecom Network Ops 66,086
Sales and Marketing 32,575
Research and Development 9,772
Radio Tower Facilities 4,886
General & Administrative 65,149
Total Operating Expenses 178,468

Operating Income 41,818
Investment Income 1,685
Interest Expense (9,715)
Foreign Exchange Gain (Loss) (1,836)
Tax Provision Expense (3,904)
Other Income (Expense) 1,051
Net Income $ 29,100

Park Systems
Statement of Cash Flows
Year Ended December 31
(in thousands)

Operating Activities
Consolidated net income $ 29,100
Adjustments
Depreciation and amortization 4,819
Changes in assets and liabilities:
Accounts receivable (3,483)
Inventory (9,891)
Accounts payable 888
Accrued expenses 20,670
Net cash provided by operating activities 42,103

Investing Activities
Investment in radio facilities (17,102)
Capital Equipment expenditure (5,783)
Net cash (used in) investing activities (22,884)

Financing Activities
Payments on note payable (6,476)
Net cash provided by financing activities (6,476)
Net increase (decrease) in cash and equivalents 12,743
Cash and equivalents, beginning of year 10,540
Cash and equivalents, end of year $ 23,283