A large manufacturer purchases an identical component from three independent suppliers that differ in unit price and quantity supplied. The relevant data for 2012 and 2014 are given here. Unit Price ($) Supplier Quantity (2012) 2012 2014 A 100 4.95 5.50 B 200 5.60 5.95 120 5.50 6.20 (a) Compute the price relatives for each of the component suppliers separately. Compare the price increases by the suppliers over the two-year period. (b) Compute an unweighted aggregate price index for the component part in 2014. (c) Compute a 2014 weighted aggregate price index for the component part. Wwhat is the interpretation of this index for the manufacturing firm?

A large manufacturer purchases an identical component from three independent suppliers that differ in unit price and quantity supplied. The relevant data for 2012 and 2014 are given here. Unit Price ($) Supplier Quantity (2012) 2012 2014 A 100 4.95 5.50 B 200 5.60 5.95 120 5.50 6.20 (a) Compute the price relatives for each of the component suppliers separately. Compare the price increases by the suppliers over the two-year period. (b) Compute an unweighted aggregate price index for the component part in 2014. (c) Compute a 2014 weighted aggregate price index for the component part. Wwhat is the interpretation of this index for the manufacturing firm?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A large manufacturer purchases an identical component from three independent suppliers that differ in unit price and quantity supplied. The relevant data for 2012 and 2014 are given here. Unit Price ($) Supplier Quantity (2012) 2012 2014 A 150 5.45 6.00 B 200 5.60 5.95 C 160 5.50 6.20 (a) Compute the price relatives for each of the component suppliers separately. (Round your answers to the nearest integer.) Item Price Relative A ? B ? C ? Compare the price increases by the suppliers over the two-year period. (all/some/no)?? prices increased, with the greatest price relative being from supplier (a,b,c)?? and the smallest price relative being from supplier (a,b,c)?? . (b)Compute an unweighted aggregate price index for the component part in 2014. (Round your answer to the nearest integer.) I2014 = ?? (c)Compute a 2014 weighted aggregate price index for the component part. (Round your answer to the nearest integer.) I2014 = ?? What is…
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Region Product Type Item Projected Sales 2022 (in millions) Americas Legacy B 18.6 Americas Legacy B 1.4 Americas Legacy B 9.4 Americas Legacy B 11.6 Americas Legacy B 7.1 Americas Legacy B 8.6 Americas Legacy B 6.9 Americas Legacy B 9.4 Americas Legacy B 8 Americas Legacy B 12.4 Americas Legacy B 16.3 Americas Legacy B 12.4 Americas Legacy B 5.7 Americas Legacy B 8.1 Americas Legacy B 14.6 Americas Legacy B 3.2 Americas Legacy B 13.1 Americas Legacy B 6.5 Americas Legacy B 6.6 Americas Legacy B 14 Americas Legacy B -1.6 Americas Legacy B -5.5 Americas Legacy B 10.5 Americas Legacy B 9.7 Americas Legacy B 5.9 Americas Legacy B 9 Americas Legacy B 7.9 Americas Legacy B 4.4 Americas Legacy B 8.2 Americas Legacy B 2.9 Americas Legacy B 10.6 Americas Legacy B 7.8 Americas Legacy B 5.2 Americas Legacy B 14.4 Americas Legacy B 4.1 Americas Legacy B 7.7 Americas Legacy B 2.6 Americas Legacy B 10.1 Americas Legacy B…
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