|
OrderDate |
Region |
Rep |
Item |
Units |
UnitCost |
Total |
|
1/6/2019 |
East |
Jones |
Papers |
95 |
1.99 |
189.05 |
|
1/23/2019 |
Central |
Kivell |
Files |
50 |
19.99 |
999.50 |
|
2/9/2019 |
Central |
Jardine |
Papers |
36 |
4.99 |
179.64 |
|
2/26/2019 |
Central |
Gill |
Pen |
27 |
19.99 |
539.73 |
|
3/15/2019 |
West |
Sorvino |
Papers |
56 |
2.99 |
167.44 |
|
4/1/2019 |
East |
Jones |
Files |
60 |
4.99 |
299.40 |
|
4/18/2019 |
Central |
Andrews |
Papers |
75 |
1.99 |
149.25 |
|
5/5/2019 |
Central |
Jardine |
Files |
90 |
4.99 |
449.10 |
|
5/22/2019 |
West |
Thompson |
Papers |
32 |
1.99 |
63.68 |
|
6/8/2019 |
East |
Jones |
Files |
60 |
8.99 |
539.40 |
|
6/25/2019 |
Central |
Morgan |
Pen |
90 |
4.99 |
449.10 |
|
7/12/2019 |
East |
Howard |
Files |
29 |
1.99 |
57.71 |
|
7/29/2019 |
East |
Parent |
Files |
81 |
19.99 |
1,619.19 |
|
8/15/2019 |
East |
Jones |
Papers |
35 |
4.99 |
174.65 |
|
9/1/2019 |
Central |
Smith |
Files |
2 |
19.99 |
138 |
|
9/18/2019 |
East |
Jones |
Pen Set |
16 |
15.99 |
255.84 |
|
10/5/2019 |
Central |
Morgan |
Files |
28 |
8.99 |
251.72 |
|
10/22/2019 |
East |
Jones |
Pen |
64 |
8.99 |
575.36 |
|
11/8/2019 |
East |
Parent |
Pen |
15 |
19.99 |
299.85 |
|
11/25/2019 |
Central |
Kivell |
Pen Set |
96 |
4.99 |
479.04 |
|
12/12/2019 |
Central |
Smith |
Papers |
67 |
1.29 |
86.43 |
|
12/29/2019 |
East |
Parent |
Pen Set |
74 |
15.99 |
1,183.26 |
|
1/15/2020 |
Central |
Gill |
Binder |
46 |
8.99 |
413.54 |
In: Statistics and Probability
A swim club is designing a new pool to replace its old pool. The new pool would need to last for 10 years since the club is planning on relocating after 10 years. A concrete shell would cost $85,000 and last for all 10 years. Another option is to install a vinyl liner that would cost only $70,000 to install. However, the vinyl is not guaranteed to last for all 10 years, and it has a 40% chance of breaking down. Repair of the vinyl would cost $40,000 and would extend the life of the vinyl liner to the 10-year mark. If both options are acceptable to the swim club, which one minimizes cost?
In: Operations Management
You have seven mornings per week. On each morning, you can either study, go to the rock climbing wall, or sculpt (i.e., make sculptures). If you rock climb, you must be a member of the club. The membership fee is 100 Bobos each week. And, as member, you pay 10 Bobos for each morning of climbing. If you sculpt, you must rent a studio which costs 100 Bobos per month. Each morning you sculp, you use 10 Bobos worth of material.
Your economics professor has asked you to produce a table showing your marginal cost for each of 7 mornings you might sculpt during a normal week. Your uncle, who has never taken economics, has asked you to explain the table and why the values you wrote down make sense. Provide your answers in sections labelled
The Table
The Explanation
Assume that in October, you rationally climbed two times per week and sculpted three times per week. In November, you know that the daily climbing price will be 5 bobo per morning. Explain, using the costs and benefits of sculping, how you will decide whether to rent a studio in November. Provide your answer in a section labelled
November
[9 Marks] Assume that in March you rationally climbed two times per week and sculpted three times per week. A climber from out of town is willing to pay you 50 Bobos per week for your April membership. If you sell, you cannot climb. If this is the only change the professor is aware of, what does your economics professor predict about how often you sculp in April? Explain. Provide your answer in a section labelled
April
Assume that the following March, you rationally climbed two times per week and sculpted three times per week. In April the membership fee for the climbing club will increase 150 bobos per week. If this is the only change the professor is aware of, what does your economics professor predict about how often you sculp in April? Explain. Provide your answer in a section labelled
April, redux
In: Economics
Mango Electronics Inc. is a Fortune 500 company that develops and markets innovative consumer electronics products. The development process proceeds as follows.
Mango researches new technologies to address unmet market needs. Patents are filed for products that have the requisite market potential. Patents are granted for a period of 10 years starting from the date of issue. After receiving a patent, the patented technologies are then developed into marketable products at 8 independent development centers. Each product is only developed at one center. Each center has all the requisite skills to bring any of the products to market (a center works on one product at a time). On average, Mango files a patent every 7 months (with a standard deviation of 7 months). The average development process lasts 30 months (with a standard deviation of 60 months).
(a) What is the utilization of Mango’s development facilities? (Round your answer to two decimal places.)
The utilization of Mango's development facilities is ___%?
(b) How long does it take an average technology to go from filing a patent to being launched in the market as a commercial product? (Round your answer to one decimal places.)
The total time is ___ months?
(c) How many years of patent life are left for an average product launched by Mango Electronics? (Round your answer to one decimal places.)
Number of years patent life are left for a product is ___ years?
In: Operations Management
|
Quantity |
Total Revenue |
Marginal Revenue |
Total Cost |
Marginal Cost |
Fixed Costs |
ATC |
Average Fixed Costs |
Average Variable Costs |
|
0 |
0 |
- |
10 |
- |
10 |
- |
- |
- |
|
1 |
8 |
24 |
14 |
24 |
||||
|
2 |
16 |
34 |
10 |
17 |
||||
|
3 |
24 |
42 |
8 |
14 |
||||
|
4 |
32 |
49 |
7 |
12.25 |
||||
|
5 |
40 |
57 |
8 |
11.4 |
||||
|
6 |
48 |
67 |
10 |
11.17 |
||||
|
7 |
56 |
81 |
14 |
11.57 |
||||
|
8 |
64 |
99 |
18 |
12.38 |
||||
|
9 |
72 |
123 |
24 |
13.67 |
1b. At a price of $14, what is the profit-maximizing number the firm should produce each day? (note: Do not necessarily just look at economic profit. Look at marginal revenue and marginal cost. Pick the one where MR=MC).
2. 1f. What is the ATC associated with the profit-maximizing number you chose in 1b (and 1d)? (round to the nearest penny)
3. 2b. At a price of $10, What is the profit-maximizing number the firm should produce each day? (Again, do not necessarily just look at economic profit. Look at marginal revenue and marginal cost.)
4. 2c. What is the ATC associated with the profit-maximizing number you chose in 2b? (round to the nearest penny)
5. 2f. What are the total variable costs associated with the profit-maximizing number you chose in 2b? (round to the nearest penny)
In: Economics
he manager of the O’Brian Glass Company is planning the production of automobile windshields for the next four months. The demand for the next four months is projected to be as shown in the following table.MonthDemand for Windshields1130214032604120 292 Chapter 5: Transportation, Assignment, and Network ModelsO’Brian can normally produce 100 windshields in a month. This is done during regular production hours at a cost of $100 per windshield. If demand in any one month cannot be satisfied by regular production, the production manager has three other choices: (1) He can produce up to 50 more windshields per month in overtime but at a cost of $130 per windshield; (2) he can purchase a limited number of windshields from a friendly competitor for resale at a cost of $150 each (the maximum number of outside purchases over the four-month period is 450 windshields); or (3) he can fill the demand from his on-hand inventory. The inventory carrying cost is $10 per windshield per month. Back orders are not permitted. Inventory on hand at the beginning of month 1 is 40 windshields. Set up and solve this “production smoothing” problem as a transportation model to minimize cost. Hint: Set the various production options (e.g., regular production, outside purchase, etc.) as supply nodes and the monthly demands as the demand nodes. MLA (Modern Language Assoc.) Balakrishnan, Nagraj, et al. Managerial Decision Modeling
In: Operations Management
7. Assume you have completed a capital budgeting analysis of building a new plant on land you own, and the project's NPV is $100 million. You now realize that instead of building the plant, you could build a parking garage, and would generate a pre tax revenue of $17 million. The project would last 3 years, the corporate tax rate is 40%, and the WACC is 12%. What is the new NPV of the project, after incorporating the effect of the opportunity cost?
In: Finance
Warisan Jambu Manufacturer Sdn Bhd
Getting an idea to commercialise the iconic local cuisine in Pekan, Pahang – murtabak (beef stuffed pancake), has initiated the owner of Warisan Jambu Manufacturer Sdn Bhd, Mr Shah to venture into this food-making business. Mr Shah has started his food business since 2002 as an eatery that serving his murtabak products for customers who came either for dining in or took away the mouth-watering local cuisine. After 15 years delved into the food industry, he attempted to transform his current business model (runs a restaurant business) into a frozen food-based business. He has invested a substantial amount of capital to meet all the relevant authorities’ requirements that fit to his business model. Among the apparent challenges faced by Mr Shah are the financial constraints and lack of high skill workers in order to meet the increasing demand of customers mainly in the East Coast region. The company targets to increase its revenue by 25% yearly for the next three years ahead to earn a satisfactory amount of profit. Therefore, Mr Shah makes his effort to identify any business support services from government and other related agencies that could facilitate his business in the future.
Required.
(a) In today’s challenging business trends, Mr Shah should develop marketing strategies that allow him to act quickly, take advantage of opportunities before competitors do and respond to business threats before significant damage is done to the business.
Recommend any TWO (2) promotional tools of social media and its advantages in promoting his products to the target marketplace.
Subject: Entrepreneur
In: Economics
A Swedish investor having a portfolio of Swedish and American stocks. Their respective benchmarks are the OMX index and the S&P index. There have been no movements during the year (cash flows, sales, or purchases, dividends paid). Valuation and performance analysis is done in Swedish krona (SKr). Here are the valuations at the start and the end of the year:
|
January 1 |
December 31 |
|
|
Swedish Stocks |
SKr 800,000 |
SKr 900,000 |
|
U.S. Stocks |
SKr 800,000 |
SKr 1,000,000 |
|
Total |
SKr 1,600,000 |
SKr 1,900,000 |
|
Exchange Rate |
7 SKr per $ |
8 SKr per $ |
|
OMX Index |
110 |
130 |
|
S&P Index |
110 |
135 |
In: Accounting
Q1.The results of a batch settlement analysis carried out on a mixed suspension are given in the following Table 1.
Plot the cumulative velocity profile of the suspended solids and compute the predicted removal rate by settlement.
| Number | Sample depth(m) | Sample time(h) | SS in sample (mg/l) |
| 1,2,3 | 1,2,3 | 0 | 222(averaged) |
| 4 | 1 | 1 | 140 |
| 5 | 1 | 3 | 108 |
| 6 | 1 | 6 | 80 |
| 7 | 2 | 1 | 142 |
| 8 | 2 | 3 | 110 |
| 9 | 2 | 6 | 106 |
| 10 | 3 | 1 | 142 |
| 11 | 3 | 3 | 130 |
| 12 | 3 | 6 | 124 |
| 13 | 4 | 1 | 147 |
| 14 | 4 | 3 | 126 |
| 15 | 4 | 6 | 114 |
In: Other