Hudson Group is a one of the largest and most recognizable travel retailers in North America. we own and manage over 1,000 duty-paid and duty-free stores in 89 locations, including airports, commuter terminals, hotels and some of the most visited landmarks and tourist destinations in the world.
In 2019 we initiated the Hudson Next Project, one of the key pillars being the completion of design and implementation of four new brands within the current Business Operating Model.
These brands include: Speciality stores, Newsstands, Book stores & Brook stone stores
The new Specitity stores will be based out of the LAX airport. They will cost approximately $19 million to contruct and will require approximately 50 employees to operate. The Newstands, located in Newark, New Jersey, will be based out of the airport - less than 15 miles outside of New York City, will cost $6.5 million to construct and 20 employees to operate. The bookstores, located in Houston, will require $8 million to construct and 15 employees to operate. Located in the suburbs of Pittsburgh, Pennsylvania, the new Brookstones stores will cost $12 million to construct and 50 employees to operate across all stores.
Hudson Group will pledge 75.5 million in new construction and hire no more than 260 employees. Annually, Specialty stores are a 9.5 million operation, Newstands are a $2.4 million operation, bookstores are a 1.2 million operation and the new Brookstones stores net 3.3 million in volume and growing.
If Hudson Group wasnts to maximize it’s annual revenue, how many of each for brands should they build?

PLEASE PROVIDE IN EXCEL FORMAT

Two routes are under consideration for a new highway that will take two years to complete. The long intervalley route would be 25 miles in length and would have an initial cost of $50 million for the 1^st year and $30 million for the 2^nd year. The short transmountain route would be 10 kilometers long and would have an initial cost of $75 million for the 1st year and $50 Million for the 2^nd year. Maintenance costs are estimated at $2.5 Million per year for the long route and $1.0 Million per year for the short route for the first year. The maintenance cost is expected to rise with estimated US inflation over time. (You can estimate the inflation increase and distribution based on historical information). Based on historical information, the average US inflation rate is 3.22%. Regardless of which route is selected, the initial volume of traffic (start of 3^rd year) is expected to be 400,000 vehicles per year (normally distributed with the std dev at 20,000 vehicles). The estimated driving growth in vehicles is 2% per year starting in the 2^nd year after opening. This increase is uniformly distributed +/- 0.5%. Each option would have to be repaved every 5 years at a cost of $500,000 per mile in today’s cost (assume the same inflation rate at above). Assume a 20 year project window and an interest rate of 6%, what is the least expensive investment using NPV (Monte Carlo simulation of the cost)?

If the vehicle operating expenses are assumed to be $0.20 per mile, how might this analysis differ when considering the public benefit?

PLEASE SHOW ALL YOUR CALCULATIONS

10. You are the veterinarian at a zoo that has 21 zebras. Each zebra needs to get four
intravenous shots (over the course of a month) of a vaccination against Zebra Zombie Disease.
Each injection contains 750 mg of the active vaccination agent. How many grams of the active
vaccination agent should you order for the month?

12. A municipal transit system has 85 diesel buses that travel an average of 47,000 miles per
year each. Because of the start and stop nature of a bus route, they only get an average of 5
MPG. If diesel costs $2.75 per gallon, how much is the annual fuel bill?
13. A block of metal is 5 cm by 7 cm by 9 cm and has a mass of 854 grams. Calculate the density
of the block and give your best guess of what it is made of. Express the density in both g/cm3
and kg/m3.
14. You have a 100-watt light bulb on your front porch that is turned on 10 hours every night. If
the cost of electricity is 12 cents per KWHR (kilowatt hour), how much does that bulb add to
your monthly electric bill?
15. The parking lot of a college campus has 200 lamp posts. Each lamp post has two 1200-watt
light bulbs. The lights are on an average of 10 hours per night year-round. Calculate the annual
electric cost for the lights if the college pays 8.5 cents per KWHR.

A stock’s returns have the following distribution:

The stock’s expected return is 18.3%. Calculate its standard deviation.

Consider a vapor power cycle as shown below. Steam enters the first turbine stage at 12 MP a, 480 oC, and expands to 2 MP a. Some steam is extracted at 2 MP a and fed to the closed heater. The remainder expands through the second-stage turbine to 0.3 MP a, where an additional amount is extracted and fed into the open heater operating at 0.3 MP a. The steam expanding through the third-stage turbine enters the condenser at a pressure of 6 kP a and leaves the condenser as saturated liquid at 6 kP a. Liquid water leaves the closed heater at 210 oC, 12 MP a, and condensate exiting as saturated liquid at 2 MP a is trapped into the open heater. Saturated liquid at 0.3 MP a leaves the open heater. Assume all pumps and turbine stages operate isentropically. Determine for the cycle: (a) the heat transfer to the working fluid passing through the steam generator, in MW, (b) the heat transfer from the working fluid passing through the condenser, in MW, (c) the thermal efficiency (%), and (d) sketch a T ?s diagram for the entire cycle with labeled states, isobars, and process directions

Problem 1: An organization is considering to generate forecast for April using exponential smoothing method (smoothing constant α =0.3) and the 2-period moving average technique. The actual sales are given in the table for January, February, March. The forecast for January using exponential smoothing method and the forecast for January and February using 2-period moving average technique are provided as well:

16. The forecast for April using exponential smoothing method with α =0.3 is 65.73

True

False

17. Using the 2-period moving average method, the forecast for March is 65 and the forecast for April is 75

True

False

18. If the actual sales of April is 45, the organization would prefer the exponential smoothing over the 2-period moving average technique according to MAD

True

False

19. The MSE for the 2-period moving average technique is 270.8 if the actual sales of April is 45

True

False