The demand for a certain product is given by p + 4q = 316, and the supply for this product is given by p-6q = 26, where p is the price and q is the number of products. Complete parts ( a) and (b) below. a. Find the price at which the quantity demanded equals the quantity supplied.
Q: An unidentified chemical agent has caused the death of three persons found pale and choking as they…
A: Three individuals died due to exposure to an unknown chemical agent in an elevator of a 50-story…
Q: “HOW IS Organization Behavior THE field of study backed up of associated with growing concern for…
A: Organizational behavior (OB) is a multidisciplinary branch of management which finds out what…
Q: You are required to read the article titled “The Influence of Business Managers’ IT competence on…
A: Let's delve into the article "The Influence of Business Managers' IT Competence on Championing IT"…
Q: With a fixed value stock bid, the only the bidding company’s shareholders face market and…
A: Risk is the uncertainty in the business. There are various types of risks that a business has to…
Q: Required information For equipment that has a first cost of $19,000, the estimated operating costs…
A: The objective of the question is to determine the economic service life (ESL) of the equipment. The…
Q: briefly explain what strategy is and how it can help business leaders to focus on “the big picture.”…
A: Strategy Leaders in the fast-paced world of business must make decisions all the time that have the…
Q: Marketing was born because selling wasn't enough” is now available. Do you agree with the analysis…
A: References:Rust, R. T. (2020). The future of marketing. International Journal of Research in…
Q: The founders of a business setting a schedule allows them to get a solid handle on how soon they can…
A: The objective of the question is to understand the importance of scheduling in the early stages of a…
Q: Which corporate decisions are mostly affected by the behavioral biases of top managers? Why? Please…
A: Note: As per our Authoring guidelines we are not allowed to provide sources, refernces or citations…
Q: dissect the differences between rights and responsibilities how a citizen might best balance the…
A: Detailed explanation:For number 1:Rights are like the things you're allowed to do because you're a…
Q: What career questions would you ask a classmate?
A: What inspired you to pursue your current career path? This question helps you understand your…
Q: Analyze the role of innovation in entrepreneurship. Provide examples of innovative startups and…
A: The objective of this question is to understand the role of innovation in entrepreneurship and how…
Q: Describe at least three types of tangible and intangible resources and capabilities.
A: The objective of this question is to identify and describe at least three types of tangible and…
Q: 1)Suggest which HR function you believe to be the most importantto the overall success of the…
A: Human resource management is the aspect of management that is concerned with managing, supporting,…
Q: Using United Nations as my global orhanizations. I need help defining 1 new unique business…
A: As a worldwide intergovernmental organisation, the United Nations (UN) seeks to uphold international…
Q: Using the output below, the forecast for time period 9 is: Intercept 5,620 X 100…
A: Solution To find the forecast for time period 9 using the given output, we need to apply the…
Q: the five project management process groups are
A: The five project management process groups are crucial for effectively managing a project.1.…
Q: Please help me understand horizontal and vertical accountability and how they are used in personal…
A: Horizontal accountability involves checks and balances within the same level or branch of an…
Q: our topic is sequence SampleG6 solve
A:
Q: Q.2 Mrs. Y is the CEO of the big advertisement company. Her job often consists of travelling around…
A: Demonstrating influence, inspiration, and direction into a logical sequence of intentional action,…
Q: Prepare a planogram for retail organic vegetable merchandise.
A: Optimizing the display of organic vegetable products in a retail context requires the creation of an…
Q: As part of their responsibilities, all managers get involved in planning, scheduling, and monitoring…
A: The concept of effective management revolves around the ability of leaders to efficiently utilize…
Q: As a Human Resource Manager, how easy or difficult would you expect it to be to transform disengaged…
A: Transforming disengaged workers into engaged ones is a multifaceted challenge that requires a…
Q: Discuss the 5 major sources of Power
A: The question is asking to discuss the five major sources of power in an organizational or management…
Q: Yellowstone: Human Resource Management StrategyYellowstone finally came up with a novel solution…
A: Think about what would help you succeed there, not just in studying but in making friends,…
Q: Questions to answer from case study in pics: Explain how Braintrust can link their compensation and…
A: When a company wants to focus more on innovation—like coming up with new toys or improving existing…
Q: Protecting the brand from counterfeits and forgeries is becoming increasingly difficult as many…
A: There is a growing problem for brands in combating counterfeiting and it has become so difficult to…
Q: how will you suggest improvements if you disagree with an existing process?
A: The objective of the question is to understand how to effectively suggest improvements to an…
Q: What actions a Leader can take to help resolve the conflict between two individuals in an…
A: An organization is a structured group of individuals working together towards common goals or…
Q: Firm ZYX paid $94,111 on 1/1/y1 to purchase a bond with the following terms: • Par value - $100,000…
A: To solve this problem, we need to calculate the reported value of the bond on 12/31/y1 when it is…
Q: List and briefly explain the common causes of customer attrition
A: The objective of the question is to identify and explain the common causes of customer attrition,…
Q: According to Charles Perrow, which are the four key aspects of structure that could be modified to…
A: Charles Perrow, a renowned sociologist, has made significant contributions to the field of…
Q: Topgun Records and several movie studios have decided to sign a revenue-sharing contract for CDs.…
A: Scenario 1: CD Cost $3, Revenue Share 35%Part (a): Optimal Number of CDs to OrderTo find the optimal…
Q: What wicked problem does patagonia aim to solve ?
A: The outdoor apparel brand Patagonia addresses the pernicious issues of unsustainable consumerism in…
Q: As a project lead for Project Hoop2, you have been given the task of generating a project reserve.…
A: In light of the information that has been presented, it would seem that there is a possibility of…
Q: What are the 2 types of decisions relevant to supply chain management? Select one: Insource and…
A: The question asks about the two types of decisions relevant to supply chain management. It presents…
Q: From time to time, managers may be faced with the need to change the internal rules of the game…
A: There are several skills and capabilities that may be useful for managers in achieving a change in…
Q: Consider the ordered bases B = space V of upper triangular 2 × 2 matrices. a. Find the transition…
A:
Q: What would the two blank ones be?
A: It appears that you are inquiring about the relationship cardinalities in the specified database…
Q: a) A centrifugal pump has an impeller with dimensions r₁ = 75 mm, r2 = 150 mm, b₁ = 50mm, b2 = 30…
A:
Q: In a single-business enterprise, the corporate and business levels of strategy-making merge into one…
A: The objective of the question is to determine whether in a single-business enterprise, the corporate…
Q: is this statement true or false? During the past 15 years, Web pages have moved from an unorthodox…
A: The objective of the question is to evaluate the truthfulness of the statement that during the past…
Q: During a MTO construction project the MTO Contract Services Administratorcalls to inform you, the…
A: As the Corridor Management Officer, your primary responsibility is to ensure the efficient…
Q: Workplace diversity has an impact on human resources functions such as recruitment and selection,…
A: Workplace diversity involves a broad spectrum of backgrounds and perspectives in the workforce,…
Q: 3:59 PM ← chem - Saved Structure HHHHHH Condensed Formula (CH3)2CH(CH2)2CH3…
A: StructureCondensed formulaIUPAC name(CH3)2CHCH2CH2CH2CH2CH32-methyl…
Q: What are the 2 types of decisions relevant to supply chain management? Select one: Insource and…
A: Supply chain management (SCM) is the management of the flow of goods and services, including the…
Q: Which of the following is an example of a public good? A) A sandwich B) A private…
A: Correct answer is C) National defenseExplanation:National defense is typically considered a public…
Q: Text:Instruction: Write True if the statement if True and False if otherwise, Write the correct…
A: 1: Business organizations indeed have a duty to not cause harm. This encompasses various aspects…
Q: Measuring Organizational Performance and Taking Corrective Action falls within which stage of…
A: In the larger context of strategic management, let's examine in more detail the idea of strategic…
Q: As a Corridor Management Officer, you will be required to circulate applications to otherfunctional…
A: 1. Describe the situation:The project involved the construction of a new residential complex. During…
Step by step
Solved in 2 steps
- Bernie’s Bike Shop receives the following trade discounts: 20/15/15. The vendor’s price list indicates that 20 percent off list price is for purchasing bikes in quantities of 100 or more, 15 percent off list price is for assembling the bikes for customers, and 15 percent is for sales promotion and local advertising. If the manufacturer’s list price is $550, what should Bernie pay for each bike if he orders 110 bikes at a time, assembles the bikes, and displays and advertises them?2. A manager then obtained 10 lists of items with their following unit cost and gets the peso value in annual basis. By doing the A-B approach you will need to multiply the annual demand for t particular items to its unit costs as follows: Item Number Annual Demand Unit Cost Annual Peso Value 1 3,500 360 2 2,000 70 3 5,400 500 4 2,500 100 5 1,200 70 6 2,000 1,000 7 1,200 210 8 2,000 4,000 9 10,000 10 10 1,500 200 Item Number Annual Peso Classification % of item Value 2/3 % of annual Peso ValueBirka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering. DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 The owner found out that: P(Low demand) = 1/3; P(Med demand) = 1/2; P(High demand) = 1/6. Which of the following decision is NOT true? A)The best decision is to order 3 lots for a payoff of $29,500. The probabilities gave me enough information to perform a Laplace approach. B)The best decision is to order 3 lots for a payoff of $29,500. The probabilities gave me enough information to perform the EMV approach. C)The EVPI is $2,000. D)The EVwPI is $31,500.
- Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering. DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 The owner wants to use the Hurwicz method and gave the manager a Hurwica alpha (α) of 0.6. How many lots should the manager order?Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering. DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 If the owner of Birka Styles & Co is a pessimist, how many lots should the manager order?A monopolist's total cost is TC = 4.5Q, where Q is output. Demand is Q = 10 - P , where P is price. When the monopolist chooses the profit maximizing Q*, the profit earned is
- 9. A company uses 8000 wheels per year in its manufacture of golf carts. The wheel cost $15 each and is purchased from an outside supplier. The money invested in the inventory cost 10% per year and the warehousing cost amounts to an additional 2% per year. It cost $150 to process each purchase order. Find the quantity of wheels that should be ordered each time an order is placed.Determine an A-B-C classification for these items: Which items are A, B, and C - explain how you derive the answers? Use a table or excel spreadsheet to illustrate your work. Item Unit Cost Annual Volume (000)1 300 252 90 303 30 604 50 105 15 706 100 407 10 60 Hint:Determine the Annual Dollar Value (Unit Cost * Annual Volume) for each item and the sum of the individual Annual Dollar Values. Arrange the items in descending order based on Annual Dollar Values. Then, determine the percentage of items and the percentage of…Q: A hardware company stocks nuts and bolts and orders them from a local supplier once every 2 weeks (10 working days). Lead time is 2 days. The company has determined that the average demand for 1⁄2 inch bolts is 150 per week (5 working days), and it wants to keep a safety stock of 3 days’ supply on hand. An order is to be placed this week, and the stock on hand is 130 bolts.a. What is the target level?b. How many 1⁄2 inch bolts should be ordered this time?
- ABC Company purchased its inventory at a lump price of P20,000. Relative sales value for each type of inventory was: Inventory XX, P10,000 Inventory YY, P4,000 Inventory ZZ, P10,000 How much would be the cost assigned to inventory XX, YY an ZZ respectively? 10,000. 4,000 and 10,000 respectively 10,000, 4,000 and 8,333 respectively 8,333, 3,333 and 8333 respectively 6667, 6667 and 6667 respectively1. Suppose the demand of a product in a retail store is 800 per year and it occurs at a constant rate. Placement of an order of this product to an outside supplier by the store is 40 Dollar. The super market authority has calculated the inventory holding cost per unit per year as 90 cents. Assuming no occurrence of shortages of the product, find a) i. the minimal order quantity of the product from the outside supplier if the product is not allowed to sell during production. ii. the minimal number of orders per year. Explain whether the nearest integer number of orders per year is justified. iii. the cycle time of a lot in months. iv. the annual minimal total cost of ordering and inventory holding for that minimal order quantity. v. the reorder point if the lead time of delivering a lot is 2 days,? b) If the production rate of processing the product is 1200 per year and the set up cost per set up is 65 Dollar. If the selling of the product is allowed during production, determine i) the…company is buying mini computers. It costs Rs 5 lakh, and its running and maintenance costs are Rs 60,000 for each of the first five years, increasing by Rs 20,000 per year in the sixth and subsequent years. If the money is worth 10 percent per year, What is the optimal replacement period? Year 1 2 3 4 5 6 7 8 9 10 Running Cost 60,000 60,000 60,000 60,000 60,000 80,000 1,00,000 1,20,000 1,40,000 1,60,000