Find the output at which profit is maximized.             Find the optimal price that maximizes profit.                Determine the optimal sales revenue

Q: Q2: A mining company has received a contraet to supply iron ore to three steel industries located in…

A: W X Y Supply A 5 1 8 76 B 2 5 0 82 C 3 10 11 77 Demand 72 102 41

Q: question3 in order to best satisfy customers, a company must meet an unmet need a) true b) false…

A: Marketing can be explained as various activities that the company or organization undertakes to…

Q: QUESTION SIX  (a)  Suppose that a decision is faced with three decision alternatives and four states…

A: Given data is

Q: Suppose sales for the past 6 months have been 81, 93, 117, 81, 91, and 100   What is the 4-month…

A: A simple moving average (SMA) is an arithmetic moving average calculated by adding recent prices and…

Q: Explain FIVE (5) grounds of success for developing ISs for management decision making in the…

A: Information system: It is a system created to collect, store, manage, process, distribute, and…

Q: QUESTION ONE The diagram below shows demand and supply curves for good K; where Do and So are the…

A: From the Supply demand curve: Initially, the equilibrium happens when the Price = 2 and the demand…

Q: Economic growth in an economy will occur when there is an increase in which of these?   Question 10…

A: The economic growth of a nation can be increased if the demand meets supply. When demands meet…

Q: Question 1 PKG Electric makes two types of electric fans, ceiling fan and wall fans. Each ceiling…

A: Hi, We are supposed to answer one question at a time. Since you have not mentioned which question to…

Q: QUESTION 9 The graph below represents the market demand curve for a product, where p is the price…

A: Consumer surplus refers to the additional benefit a consumer has by the consumption of one…

Q: Question Completion Status: Consider the following payoff Table Decision Alternative D1 The State of…

A: Given data:  The state of nature Decision alternative 0.79 1-0.79   S1 S2 D1 5 8 D2 4 8…

Q: The actual demand of a product for six months are summarized in the table below:   Month ( ) t…

A: Below is the solution:-

Q: Question Three: Milka makes boxes of chocolates for which the demand is uncertain. " Quarterty…

A: Forecast with intuition and judgment: The demand in year 2 is on the average 20% above year 1 and…

Q: Question 1A A CEO of a multihospital system is planning to expand operations into various states. It…

A: Note: - As we can answer only up to three subparts we will answer the first three subparts(e, f, and…

Q: Discuss the advantages and disadvantages of in-kind programs such as subsidies for food, housing and…

A: a)geniuses : guarantee that the poor get what they need most. Specifically : food + cover (rather…

Q: Question 9 The addition of Coke Zero to the line of Coca Cola products is an example of a O new…

A: Coca-Cola Zero Sugar, also called Coke Zero, is a diet cola produced by the coca cola company. In…

Q: In the airline market, vacation-traveler customers have a more elastic demand than business-traveler…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Adopting new technologies into logistics enables companies to plan, forecast, and replenish…

A: Information Technology: Information technology plays a vital role in every sector and it provides…

Q: QUESTION 10 The following is a L.P.P: Max Z= 5X1 + 7X2 + 6X3 (Hundreds of dollars $) st: 3X1 + 4X2 +…

A: Given - Objective function- Max Z= 5X1 + 7X2 + 6X3 (Hundreds of dollars $)

Q: QUESTION S u he an arocado tree, which grows 100 avocados this year, 60 next year Your neighbor has…

A: The term consumption can be understood as usage of commodities or services by household sector.…

Q: Compute the expected value for each decision and select the best one.  B.Develop the opportunity…

A: Formula:

Q: Question 50 Which of the following goals sets risk management strategies at the optimum level…

A: Risk management can be said as the process of identifying and analyzing along with controlling the…

Q: Coces, a furniture shop owner, buys a new set of cabinet worth $9,850. He receives an invoice dated…

A:

Q: Dallas Mavericks’ owner Mark Cuban proved his business intelligence once again with the acquisition…

A:

Q: Calculate Conversion Cost.

A: The formula used here is, Conversion cost=Direct labour+manufacturing overhead

Q: Incredible Inc., a manufacturer of children’s toys, enters into a two-year plain vanilla interest…

A: ANSWER: DAYS RATE(%) 180 3.85 360 3.690 540 3.95 720 4.00

Q: a) Formulate an LP whose objective is to maximise the net profit from the sale of the juices

A: The linear programming method is a mathematical method by which the best outcome where profits are…

Q: One of the fastest growing firms, in terms of its brand equity, in recent years has been Apple.…

A: Following are the factors that have resulted in Apple’s brand equity:…

Q: QUESTION 2 a) b) Ferrero Candy Company makes three types of candy, which are solid, fruit and cream-…

A: Note: - As both the questions are not related to each other, we will answer the first question here.…

Q: QUESTION 6 Suppose for each generation, they are endowed with B0 bananas when young, and 0 when old.…

A: The covering ages (OLG) model is one among the decision designs of study inside the examination of…

Q: Question 16 'USC' STANDS FOR UNIT SHIPPING COST AREA X AREA Y AREA Z SUPPLIES 300 300 PLANT A 600…

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Q: Party Planning Paradise, a company that sells a wide range of party supplies in Australia, Canada…

A: Strategies are formulated and implemented to enhance brand equity and generate more revenues.

Q:

A: A binding contract means an agreement between the parties that is acceptable with formal concerns.…

Q: Question 2: Consider the following model: Minimize Z = 3x + 2x2, subject to 2x, + x z 10 -3x1 + 2x2…

A: a.

Q: QUESTION 3 a. Delightful Coffee Limited (DCLL) purchases coffee from Hopeful Harvest Plantations…

A: Economic order quantity helps companies to save cost. However, at times discounts are given by…

Q: Question 3: After completing the jewelry design course, Kiran opened a jewelry showroom in Kohat.…

A: 1. "In order to increase productivity, she divides the work into small tasks, and each employee is…

Q: i. Find three months weighted moving averages by assuming the weights 1 0.15 W = , 2 0.36W = and 3…

A: Forecasting is the process of predicting the future demand based on the previous data and demand.

Q: What are the impacts on profits of (effective) agreements concerning production levels between…

A: Introduction:- Oligopoly emerges when few enormous industries have all or the greater part of the…

Q: Dallas Mavericks’ owner Mark Cuban proved his business intelligence once again with the acquisition…

A: Under second option Cost of shortage = price -cost = 500-100=400 Cost of excess = cost - salvage…

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A: We are a purpose-driven financial services firm based in South Africa that operates in a number of…

Q: a)The overall objective of the procurement evaluation process is to reduce purchase risk and…

A: The method of identifying, evaluating, or contracting with suppliers is known as supplier selection.…

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.