Netflix customers in Australia could soon be facing steeper monthly charges. The popular streaming service on Monday confirmed that it recently tested higher subscription prices for new customers in Australia. The company—which has nearly 100 million global subscribers and expanded to Australia in 2015—has reportedly tested raising prices for new subscribers by as much as three Australian dollars (AU). Netflix’s test resulted in some Australian customers seeing price increases for the streaming service’s Basic plan (going from AU$8.99 to AU$9.99 per month), while Netflix’s Standard plan increased AU$2 to AU$13.99 and the Premium plan increased AU$3 to AU$17.99 per month, according to The Australian. Netflix confirmed the tests, but emphasized that it has not yet formally announced any permanent price increases. “We continuously test new things at Netflix and these tests typically vary in length of time,” the company said in a statement. “In this case, we are testing slightly different price points to better understand how consumers value Netflix. Not everyone will see this test and we may not ever offer it generally.”
Addendum from the lecturer: They increased the prices to $9.99, $13.99 and $17.99 respectively from 1st July 2017. And in 2019 they increased the premium plan to $19.99, while leaving the other two prices constant.
Discuss why you think Netflix conducted this test and what you think they found from that test based on their later decisions.
Refer in particular to concepts from what price elasticity of demand is and how it is calculated and used, its relationship with revenue, and relevant determinants of price elasticity of demand.
In: Economics
Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Ltd., for a cost of $35 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following information relating to its own cost of producing the carburetor internally:
| Per Unit | 20,000 Units Per Year |
|||||
| Direct materials | $ | 17 | $ | 340,000 | ||
| Direct labor | 11 | 220,000 | ||||
| Variable manufacturing overhead | 3 | 60,000 | ||||
| Fixed manufacturing overhead, traceable | 3 | * | 60,000 | |||
| Fixed manufacturing overhead, allocated | 6 | 120,000 | ||||
| Total cost | $ | 40 | $ | 800,000 | ||
*One-third supervisory salaries; two-thirds depreciation of special equipment (no resale value).
Required:
1. Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier?
2. Should the outside supplier’s offer be accepted?
3. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $200,000 per year. Given this new assumption, what would be the financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier?
4. Given the new assumption in requirement 3, should the outside supplier’s offer be accepted?
In: Accounting
write an use case to request an amount from an financial overdraft system ?
|
Use Case Name: |
ID: Priority: |
||
|
Actor: |
|||
|
Description: |
|||
|
Trigger: Type: |
|||
|
Preconditions: |
|||
|
Normal Course: |
Information for Steps: |
||
|
Alternative Course: |
|||
|
Postconditions: |
|||
|
Exceptions: |
|||
|
Summary Inputs |
Source |
Outputs |
Destination |
In: Operations Management
Please review the following scenario and place yourself in the position of the new Human Resource Manager for Acme Manufacturing. Once you understand the circumstances of the problems in this organization, please respond to the questions that the General Manager has posed.
Scenario: You just started work as the new Human Resources Manager for Acme Manufacturing, a Fortune 1,000 company. The job was vacant for 6 months prior to your hiring. You have wondered about this, especially since reading about employee harassment incidents and fights recently in the news.
The General Manager (GM) calls you into his office the minute you arrive. He shuts the door after saying a quick word of welcome and begins to tell you about an incident that happened last week that needs your immediate attention. The company's manufacturing operation runs three shifts of production workers so that the plant is operating 24/7. Over the past 6 months, hostilities have arisen between employees on the third and first shifts. What started out as jeering and criticisms by the first shift, claiming they have to clean up the mess and complete all of the work left undone by the third shift, has escalated to physical confrontations and altercations. Although the GM says that aggressive bantering back and forth is common for shift workers in manufacturing, he admits that he is worried about further violent escalation. The GM says he needs your help.
Write a 5–7-page memo to the GM that provides your responses to his questions above. Be sure to cite any references used in proper APA format.
In: Operations Management
In: Computer Science
Write a python code using a continuous random variable and using uniform distribution to output the expected weight of students in a class.
In: Computer Science
Strength Finder
What are two things that DID surprise you about your Strength? Why? (Strength#1 Developer , Strength#2 Empathy )
How can you enhance your strength Adaptability and developer in next 2 months?
plzzz ans asap...
In: Psychology
The following data are accumulated by Geddes Company in evaluating the purchase of $92,700 of equipment, having a four-year useful life:
| Net Income | Net Cash Flow | |||
| Year 1 | $30,000 | $50,000 | ||
| Year 2 | 18,000 | 39,000 | ||
| Year 3 | 9,000 | 29,000 | ||
| Year 4 | (1,000) | 20,000 | ||
| Present Value of $1 at Compound Interest | |||||
| Year | 6% | 10% | 12% | 15% | 20% |
| 1 | 0.943 | 0.909 | 0.893 | 0.870 | 0.833 |
| 2 | 0.890 | 0.826 | 0.797 | 0.756 | 0.694 |
| 3 | 0.840 | 0.751 | 0.712 | 0.658 | 0.579 |
| 4 | 0.792 | 0.683 | 0.636 | 0.572 | 0.482 |
| 5 | 0.747 | 0.621 | 0.567 | 0.497 | 0.402 |
| 6 | 0.705 | 0.564 | 0.507 | 0.432 | 0.335 |
| 7 | 0.665 | 0.513 | 0.452 | 0.376 | 0.279 |
| 8 | 0.627 | 0.467 | 0.404 | 0.327 | 0.233 |
| 9 | 0.592 | 0.424 | 0.361 | 0.284 | 0.194 |
| 10 | 0.558 | 0.386 | 0.322 | 0.247 | 0.162 |
a. Assuming that the desired rate of return is 10%, determine the net present value for the proposal. Use the table of the present value of $1 presented above. If required, round to the nearest dollar.
| Present value of net cash flow | $ |
| Amount to be invested | $ |
| Net present value | $ |
In: Accounting
When the American system was being created, the office of the President was not the center and most important role (if anything was, on the federal level, it as Congress). Now, however, the POTUS occupies the center of American governance, attention (think about voting behavior), and politics. Why do you think that is? Why do you think the presidency has grown to the role in now plays in American politics?
CLASS- POLI 1
In: Accounting
Three particles are fixed on an x axis. Particle 1 of charge q1 is at x = -a and particle 2 of charge q2 is at x = +a. If their net electrostatic force on particle 3 of charge Q is to be zero, what must be the ratio q1/q2 when particle 3 is at (a) x = +0.754a and (b) x = +1.65a?
In: Physics
In: Computer Science
Identify five different brands for which you have a high level of brand loyalty. Describe your level of loyalty and discuss why you are loyal. How important is brand equity in your loyalty?
In: Operations Management
This is JAVA PROGRAMMING
Sort the contents of the two files in ascending order and
combine them into one new file (words.txt).
When comparing string order, you must use the compareTo method and
make an exception.The source code below is a code that only
combines files. Use the comparedTo method to sort the contents of
the two files in ascending order.(ex. if(str1.compareTo(str2)<0)
{})
<file1.txt>
at first
castle
consider
considerable
enlighten
explain
explanation
female
<file2.txt>
consideration
considering that
education
educational
endow
inherit
<code>
import java.io.File;
import java.io.FileNotFoundException;
import java.io.PrintWriter;
import java.util.Scanner;
public class Lab7_1 {
public static void main(String[] args) {
// TODO Auto-generated method
stub
fileMerge("file1.txt","file2.txt","words.txt");
}
private static void fileMerge(String filename1, String
filename2, String filename3) {
// TODO Auto-generated method
stub
Scanner str1=null;
Scanner str2=null;
PrintWriter output=null;
try {
str1 = new
Scanner(new File(filename1));
str2 = new Scanner(new File(filename2));
output = new PrintWriter(new
File(filename3));
fileWriter(str1,output);
fileWriter(str2,output);
} catch (FileNotFoundException e)
{
// TODO
Auto-generated catch block
System.err.println(e.getMessage());
//
e.printStackTrace();
} finally {
if (str1 !=
null)
str1.close();
if (str2 !=
null)
str2.close();
if (output !=
null)
output.close();
}
}
private static void
fileWriter(Scanner str1, PrintWriter output) {
// TODO
Auto-generated method stub
while(str1.hasNextLine()) {
String str = str1.nextLine();
output.println(str);
}
}
}
In: Computer Science
Discuss from your perspective the advantages and
disadvantages of the Uniform Commercial Code.
In: Accounting
A new implementation of Merge Sort uses a cutoff variable to use insertion sort for small number of items to be merged (Merging single elements is costly).
1. Give the pseudo code for the merge sort algorithm with a cutoff variable set to 4.
2. Show the trace for top-down merge sort using the following array of characters with a cutoff variable set to 4.
E A S Y M E R G E S O R T W I T H I N S E R T I O N
In: Computer Science