In light of the recent death of former President Noynoy Aquino, the current government believes that no more Aquino is fit to leadthe country, and therefore, also believes that their family has already lost relevance, the Philippine Government plans to demolishthe Ninoy Aquino International Airport (NAIA). In its place, they shall build the new Paliparang Pandaigdig ng Pilipinas (PaPa Pi). Itsmanager, Papa P, is given a choice between two models: Model A, which is a relatively simple model that is a reasonableapproximation of the airport to be built; and Model B, a thorough and complex model that almost resembles the exact plan for theproposed building. Model B is the most accurate possible representation of the future PaPa Pi to be built. Why might Papa P preferto use Model A?Answor uith

The business plan is a communication instrument, either for external or internal purposes. It aids…

Answered: In light of the recent death of former…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Carlisle Tire and Rubber, Inc., is considering expanding production to meet potential increases in the demand for one of its tire products. Carlisle's alternatives are to construct a new plant, expand the existing plant, or do nothing in the short run. The market for this particular tire product may improve, remain stable, or contract. The table below presents the payoff matrix. Improve Remain stable Contract Construct a new plant $400,000 -$100,000 -$200,000 Expand existing plant $250,000 -$50,000 -$75,000 Do nothing $50,000 $0 -$30,000 Considered the problem statement and data table above. Under the Minimax Regret decision rule, the optimal decision is [Select] Y.The corresponding value for the optimal decision is [Select]
Scenario: A group of foreign businessmen are planning to build a large shopping mall close to Salalah free zone. It will have 150 shops and restaurants, three banks, two play centers for children, and 7 ATM machines. The construction is expected to start in March 2021, and it hopes to create 2,000 employment opportunities. This will be a mall for the high-end market, where only the rich are expected to shop. Car parks are not free, so there will also be fees per hour, and there will be service taxes at a rate of 3-5%. It will start its operation in December 2021The mall will be called The Madinah Mall. 6. Summarise the case in your own words. 7. What are the strengths and weakness of the Madinah mall?
PCC Corporation has acquired a medium size family-owned textile business and is contemplating the future of one of its plants, located in Cebu City. Three alternatives are being considered: 1. Expand the plant and produce lightweight, durable materials for possible sales to the military, a market with little foreign competition; 2. Maintain status quo at the plant, continuing production of textile goods that are subject to heavy foreign competitions; or 3. Sell the plant now. If one of the first two alternatives is chosen, the plant will be sold at the end of a year. The amount of profit that could be earned by selling the plant in a year depends on foreign market conditions. The following payoff table depicts this decision situation: Foreign Competitive Conditions Decision Good Poor Expand P 800,000 P 500,000 Maintain Status Quo 1,300,000 -150,000 Sell now 320,000 320,000 What is the best decision by using the Hurwicz (with an alpha of 0.3) decision criteria? O Maintain status quo O…
Related topic: Relative Market Share. BDI/CDI UST 40,000 (Commerce 5,000; Medicine 15%; AB 20%; Law 5% and others) Average price per computer device Php25,000 Average price per Apple device Php30,000 In UST, students from Commerce, Law, and AB purchased at least one (1) computer device in December 2020. What is the market penetration of computer device in the individual colleges? Given that students replace their computer devices once every 2 years on average, what is the projected market size (units/revenues) for computer devices for these colleges until the end of 2025? What is the concentration of sales/revenue of computer devices among the colleges (CDI)?
Metro has initiated discussions on attracting rail service. A depot would need to be constructed, which would require $2.5million in land and $7.5 million in construction costs. Annual operating and maintenance costs (O&M) for the facility would be $150,000, and personnel costs would be an additional $110,000. Other assorted costs would be born by the railroad and federal authorities. Annual benefits (B) of the rail service are estimated as listed: $120,000 for Railroad annual payments, $25,000 for Rail tax charged to passengers, $20,000 for Convenience benefits to local residents, and $12,000 for Additional tourism dollars for Metro. Apply the B-C ratio method, with a MARR of 8% per year and 20 year study period, to determine if the rail service should be established. a. BC ratio=2.12, good project b. BC ratio=-1.76, good project c. BC ratio=1.69, good project d. BC ratio=0.14, not good project
Case stady: Global Village: A tourist attraction Global Village is the region’s leading family outdoor cultural and entertainment destination and one of Dubai’s most exciting and unique annual tourism and cultural destination. The theme park offers a vast selection of multicultural entertainment and retail options. Launched in 1997, Global Village made its entrance on the Creek Side opposite Dubai Municipality, and later moved to Oud Metha and then Dubai Festival City, until it found a permanent home on the outskirts of Dubai Land in 2005. Over the past 17 years, Global Village has been providing cultural entertainment along with an international shopping experience to millions of visitors. From hosting 18 country pavilions in 1997, Global Village has expanded over the years to now include over 37 pavilions, with added entertainment and culinary attractions with every season. Apart from this breathtaking live performances, mouth-watering cuisine, authentic handicrafts and merchandise…
The Vice President of the Republic of Zambia launched a pilot project to clear canals on the Barotse flood plains in Western The pilot project estimated to cost 77 million kwacha will be implemented by China Railways and Samutala Management Services. Discus using suitable examples; 4 tangible benefits the canal clearing project will bring to the people of Western Province where the project will be. 4 intangible benefits the canal clearing project will bring to the people of Western province 3 Secondary benefits the canal clearing project will bring to the people of Western Province.
Give 2 objective in this situation A real estate company will host a party and present its newest condominium project to the alumni of the Asian Institute of Management.
Determine the amount of time in weeks that gives a probability of 97.5% until the seventh event in the network. Act. 1-2 2-3 2-5 2-4 3-4 3-7 5-6 6-7 4-7 0 8 4 7 7 4 7 10 10 4 M 10 5 8 9 6 8 14 14 5 24 12 21 11 8 15 24 24 Question 4: The following, and then find the following 12 The possibility of completing the project with a period of less than TE by 4 weeks what is it What is the probability of completing the project with a period exceeding TE by 2 weeks?
Proposed company for business plan: Aboitiz Power. we need to have a feasibility study what country I will planning to put a power plant like Aboitiz Power, my suggested country is in Indonesia because this is the main source of coal which used by aboitiz power as one of the source of energy, this will be advantage to lessen the transportation cost and other expenses to ship the coal as one of source of energy of aboitiz power. 2nd company is thailand, this one of the part of ASEAN countries that has a tropical season that has sunny day season which one of the source of solar energy more efficient in generating electricity, mostly because of the country's geographical location being close to the equator. Based on my two (2) selected countries, can you explain further and site an example or actual status of source of energy on my selected countries and make a business plan if I will make a power plant in indonesia and thailand? Please explain it with the following categories in my…
Case Study Read the case study given below and answer ALL the questions given at the end of the case. MEF: End full lockdown immediately Wednesday, 23 June 2021 PETALING JAYA: MEF has urged the government to end the Full Movement Control Order (FMCO) with immediate effect to stop causing further damage to the national economy and individual livelihoods. MEF President Dato’ Dr Syed Hussain Syed Husman J.P. said the lockdown has had a negative compounding effect on businesses since the MCO 1.0 in March 2020 with many companies being forced to shut down, thus causing higher retrenchments and loss of income. “There has to be a reasonable balance between the saving of lives and livelihoods. The restrictions under the FMCO and confusion over the SOPs are killing businesses with many SMEs and micro enterprises severely impacted. “Employers are prepared to endure even tighter restrictions under FMCO and even higher penalties for breaking the rules to end the lockdown, but the issue of…
Case Study Read the case study given below and answer ALL the questions given at the end of the case. MEF: End full lockdown immediately Wednesday, 23 June 2021 PETALING JAYA: MEF has urged the government to end the Full Movement Control Order (FMCO) with immediate effect to stop causing further damage to the national economy and individual livelihoods. MEF President Dato’ Dr Syed Hussain Syed Husman J.P. said the lockdown has had a negative compounding effect on businesses since the MCO 1.0 in March 2020 with many companies being forced to shut down, thus causing higher retrenchments and loss of income. “There has to be a reasonable balance between the saving of lives and livelihoods. The restrictions under the FMCO and confusion over the SOPs are killing businesses with many SMEs and micro enterprises severely impacted. “Employers are prepared to endure even tighter restrictions under FMCO and even higher penalties for breaking the rules to end the lockdown, but the issue of…

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