Long-run economic growth is generally positive rather than negative because long-run changes in output are driven by changes in the:
| LRAS, including changes in consumption, investment and net exports. | |
| LRAS, including changes in labour, capital, and technology. | |
| aggregate demand, including changes in labour, capital, and technology. | |
| SRAS, including changes in labour, capital, and technology. |
When consumer confidence falls, in the short run:
| aggregate supply will shift to the left, reducing equilibrium GDP and price level; but in the long run, the lower price level resulting from reduced aggregate supply will lower costs, increasing aggregate demand and shifting it to the right. | |
| aggregate demand will shift to the right, increasing equilibrium GDP and price level; but in the long run, the higher price level resulting from increased aggregate demand will increase costs, decreasing aggregate supply and shifting it to the left. | |
| aggregate supply will shift to the right, increasing equilibrium GDP and price level; but in the long run, the higher price level resulting from increased aggregate supply will increase costs, decreasing aggregate demand and shifting it to the left. | |
| aggregate demand will shift to the left, reducing equilibrium GDP and price level; but in the long run, the lower price level resulting from reduced aggregate demand will lower costs, increasing aggregate supply and shifting it to the right. |
In: Economics
1) As a Team answer the following questions:
One of the new key behaviours at Ace Technology is to ‘Work as a team with a high degree of mutual respect and collaboration’. Using what you’ve learned about groups and teamwork:Part of your grade will also be assessed on your ability to work as members of a team. This will allow you to build on learnings from this and previous courses. Include a brief team assessment section which details who did what. In other words, quantify each team member’s contribution to the project. Describe how you worked as a team. Also, include the research that each team member contributed.
I just need introduction and conclusion well organized full page for each. please and thank you.!
In: Accounting
PowerAir Inc., a subsidiary of a successful multinational manufacturing firm, supplies a key component in the assembly of residential air conditioning units. At this current stage, there are only five suppliers of this particular component, with these suppliers accounting for close to 80 percent of worldwide industry sales. On the retail side of the equation, well-known residential air conditioning units like Carrier and Trane retain a strong foothold in terms of retail sales. However, some newer Asian manufacturers have signaled an interest in more aggressively pursuing the lucrative international market. PowerAir Inc. is presently considering a $300 million dollar investment in a new plant, which will create a component that is much quieter, more efficient, and is likely to satisfy future regulatory standards. While the core technology for the new component is very old, PowerAir’s engineering and design skills have allowed them to retain their low cost advantage, even though the component will represent a significant improvement over products currently provided by its competition.
Question 2. PowerAir Inc. have also asked that you develop an argument as to why PowerAir should hold back and be a second mover with the new technology (ie. not to proceed with the investment, waiting to see if other competitors in the marketplace develop this new technology). Again, provide at least three reasons to PowerAir, arguing that it might be better to wait. Explain your reasoning in full.
In: Accounting
PowerAir Inc., a subsidiary of a successful multinational manufacturing firm, supplies a key component in the assembly of residential air conditioning units. At this current stage, there are only five suppliers of this particular component, with these suppliers accounting for close to 80 percent of worldwide industry sales. On the retail side of the equation, well-known residential air conditioning units like Carrier and Trane retain a strong foothold in terms of retail sales. However, some newer Asian manufacturers have signaled an interest in more aggressively pursuing the lucrative international market. PowerAir Inc. is presently considering a $300 million dollar investment in a new plant, which will create a component that is much quieter, more efficient, and is likely to satisfy future regulatory standards. While the core technology for the new component is very old, PowerAir’s engineering and design skills have allowed them to retain their low cost advantage, even though the component will represent a significant improvement over products currently provided by its competition.
Question 2.
PowerAir Inc. have also asked that you develop an argument as to why PowerAir should hold back and be a second mover with the new technology (ie. not to proceed with the investment, waiting to see if other competitors in the marketplace develop this new technology). Again, provide at least three reasons to PowerAir, arguing that it might be better to wait. Explain your reasoning in full.
In: Accounting
Please answer all question
1. Explain why and how customers drive the development of supply chain management.
2. Why do we say the supply chain strategy should be consistent with the company’s competitive strategy?
3. Give an example of the principal and agent model in our daily life and give one or two examples of moral hazard and reverse selection.
4. Please briefly compare the “efficient” and “flexible” supply chain.
5. What are the three commonly used procurement methods? Give one or two daily examples for each method.
6. Give your own reasons that why logistics emerges from military logistics management.
7. Which major task do you think is more important in production management?
8. Explain how ABC inventory control works.
9. Big data technology is a hot research issue in the past decade, please give your own imagination of the future of big data technology in supply chain management.
10. What the cons and pros of qualitative measures and quantitative measures in supply chain performance evaluation?
11. Please predict the implications of blockchain technology in supply chain management.
12. If you are running a fruit store in our university, what kind of supply chain risk you may suffer? And how can you manage these risks?
In: Operations Management
The product design group of Iyengar Electric Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The market forecast is for
200,000
units. The better and more sophisticated the design strategy and the more time spent on value engineering, the less will be the variable cost. The chief of engineering design, Dr. W. L. Berry, has decided that the following costs are a good estimate of the initial and variable costs connected with each of the three strategies explained below.
Low-tech:
a low-technology, low-cost process consisting of hiring several new junior engineers. This option has a fixed cost of
40,000
and variable-cost probabilities of
0.5
for
$0.54
0.1
for
$0.49
and
0.4
for
$0.47
Subcontract:
a medium-cost approach using a good outside design staff. This approach would have a fixed cost of
60,000
and variable-cost probabilities of
0.70.7
of
$0.52
0.2
of
$0.47
and
0.1
of
$0.37
High-tech:
a high-technology approach using the very best of the inside staff and the latest computer-aided design technology. This approach has a fixed cost of
85,000
and variable-cost probabilities of
0.90
of
$0.39
and
0.1
of
$0.38
What is the best decision based on an expected monetary value (EMV) criterion?
(Note:
We want the lowest EMV, as we are dealing with costs in this problem.)
High-tech
Subcontract
Low-tech
In: Operations Management
The purpose of this assignment is to allow you to understand scenarios and customer experiences in which AI and RPA can be used. You might need to do some additional research on specific technologies related to AI to complete the assignment.
First, select a current process that you face in your daily life. It might be something you face in your work, or at school, or in your personal life. For this process, complete the following:
1. Select a current process that you face in your daily life. It might be something you face in your work, or at school, or in your personal life. Use one or two paragraphs of text to explain the context for the process.
2. Create a simple process diagram describing this process. You can simply use boxes and arrows to identify the steps. Highlight which of those steps could be sources of “pain points” (that is, frustrate people interacting with the processes) and explain why. You will need to upload a file for this prompt.
3. Create a new version of the process where RPA and AI could be used to decrease (or even eliminate) the pain points. Your new process model should highlight the steps in which RPA and/or AI are used. For each use of RPA or AI technologies explain what that technology does and how you are using that specific technology. For each use of RPA or AI technologies explain how that technology would decrease (or even eliminate) the pain point.
In: Computer Science
Hi, please write me a reply to my classmates discussion respond. below is the question and my classmates respond I need a reply for that respond. thanks
Explain how technology has changed the learning environment. Give
examples.
Classmate respond:
Rapidly changing technology has had an enormous impact on the learning environment; and I suspect will continue to do so in the next 5 years.
Our current global health crisis provides one outstanding example. The expansion of user-friendly, widely accessible video chatting/web based video calls such as Zoom, Skype, and Facetime allow for even kindergarten students to connect with their teachers and fellow students. Without the use of this technology, many of our students across the nation would not have access to education right now.
Our text (Noe, R.A., 2017, pg 335) highlights "New technologies have made it possible to reduce the costs associated with delivering training to employees, to increase the effectiveness of the learning environment, and to help training contribute to business goals." Some examples of this are online learning management systems, which allow employees to track and continue learning at their own self-guided pace. My company uses an online learning management system and it's a great tool to push new training and annual certification courses our to existing employees. It also allows supervisors to periodically check status of training, and give feedback to teammates.
In: Operations Management
"I recently bought a new house for $200,000. There was a 20% down payment, and the rest was financed at 4.8 percent APR with monthly compounding. Monthly payments starting from next month will be $1,248.66. How many years will it take the firm to pay off this debt?"
Please let me know values used in calculator or any formulas.
In: Finance
In: Physics