ECO 201 Project Template

At the ABC factory, the standard time of the work was determined by conducting a time study. Can these standard durations be used in the simulation model of the production system? Explain in detail how to use it if it can be used.

FCR and Average daily gain are measured in a continuous scale. true or false

Use appropriate model(s) to analyze the impact of COVID-19 pandemic on a country's economy in the short-run and long-run. Graphical analyses is also required

The town of Whoopup has decided that it needs a new public library. Although the city leaders have made this decision, the decision of location of the library is still an open question. Knowing that you have a  back ground in economic decision making, they selected you to formulate their decision problem. You gather data from the city leaders to determine the important attributes to consider in the decision; you then acquire information for both sites and present it in teh shown Table . Use the tools introduced in this chapter to make a site recommendation. Prepare to defend your analysis.

How would the Autonomous Vehicles technologies affect workers (e.g., productivity, employment opportunities, income levels, skill development, etc.)

Determine the mode choice (personal vehicle or bus system) for the following regression model:              Utility Function: Umode – (8.333 x 10-4)*(Access time in sec) – (6.667 x 10-4)*(Wait Time in sec) – (5.00 x 10-4)*(Riding time in sec) – (1.40)*(Cost, $)   PARAMETER PERSONAL VEHICLE CITY BUS SYSTEM MODE CONSTANT -0.01 -0.07 ACCESS TIME (SECS) 300 600 WAITING TIME (SECS) 0 900 RIDING TIME (SECS) 1,500 6,000 COST (DOLLARS) $1.50 $1.00

A company produces and sells a consumer product and is able to control the demand by varying the selling price. The approximate relationship between price and demand is 2700 5000 p = 38 + (for D>1) D² The company is seeking to maximize its profit. The fixed cost is $1,000 and the variable cost is $ 40 per unit. What is the number of units and total amount that should be produced and sold each month to maximize profit?

regression result for your product is shown in the table below: Variable Parameter Estimates Standard error Constant -164.0 20.24 Price of good X (P,) Price of good Y (P,) -3.50 1.55 2.50 0.28 Per capita Income (/) 0.45 0.52 R-squared Adjusted R-squared 0.8672 0.8132 F-statistic 15.6893 a) Suppose the average price of 3 units of good X is GH¢12, price of 2 units of goodY is GH¢60, the per capita income of Ghana is GH¢420. i. Write down the estimated demand equation for your firm's product and interpret the parameter estimates. Determine the quantity of good X sold. Estimate the own price elasticity of demand and state the type of demand curve 11. 111. your firm has? What would be the effect of a price increase on the firm's total revenue? iv. Assess the probable impact on your firm if the firm producing geod Y decreases their price by 10%. Explain the adjusted R-squared Is the good X a normal or inferior good? What is the relationship between good X and good Y? V. vi. vii. viii..

Table COST11: Monthly Costs, Revenues and Other Information for a Bakery Product Price (P*) = $8 %3D Items Sold (Q*) = %3D 1,500 Health and Safety Inspection Costs = $140 Spouse's Former Wages (as the Owner's Assistant) = $1,500 %3D %3D The Entrepreneur's Former Earning = $1,600 %3D Home Delivery Expenses = $400 Production Materials Costs $2,450 Wages Paid to Workers (wL) = $2,050 Rent & Utility Payments = $1,500 According to information in Table Cost11 for a competitive firm, accounting and economic profits are and respectively. $5,260; $2,160 O $5,260; $2,060

Please Show Each and Every Working VERY CLEARLY. There are NO multi-questions here, only just multi-PART questions which are CONNECTED to each other, and hence, Please do NOT Leave any, Thank You! Lagrange

Find f'(x). 2 X +2 f(x) = 7x - 6 f'(x) = %3D

Of the fundamental dimensions length, mass, time, and electric charge, which one is the most important in economic analysis? Why?

a) Determine the variable cost per unit and the fixed cost using the high-low method.b) What is the equation of the total mixed cost function?c) Prepare the scatter diagram and insert the trendline or line of best-fit. Use a scaleof 2 cm to represent 1,000 units on the x-axis & 2 cm to represent $50,000 on the yaxis.

Problem 2: As a building designer, you have been asked to analyze and select the best window frame type alternative-either aluminum or steel. The project is located in a remote area, and the nearest industrial area hosting steel and aluminum windows frames manufacturers is 250 km away. All project windows are identical, and the circumference of the window frame is 6.2 meter. A crew of two labors is required to manufacture one steel frame. It takes 2.5 hours to manufacture the first window every day, and the learning rate is 0.9. The number of production units is per day is limited to 8. The weight of steel is 12 kg per meter, and the weight of aluminum is 4.5 kg per meter. The cost of steel is 0.4 OMR per kg and the cost of aluminum 1.1 OMR per kg. If 45 windows frames are required for the project, the crew cost is 3 OMR per hour for steel frames and 3.6 for aluminum frames, and the transportation, price is 0.01 OMR per kg per 50 km, which alternative would you select?

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Problem 1 Brutus Corporation produces two products, Paper Towel (P) and Foot Mop (F), which must be processed in two departments, Cutting and Finishing. Cutting has 130 hours available per month, while Finishing has 185 hours. The number of hours required to process the products in the two departments and the contribution margin per unit of the products are as follows: CM per unit Required hours per unit: Cutting Finishing Required: Paper Towel (P) 18 4 hours 6 3) In the Cutting constraint, if F=0, how much is P? 4) In the Finishing constraint, if P=0, how much is F? Foot Mop (F) 24 8 hours 10 |||

ackboard e x CO Remaining Time: 1 hour, 51 minutes, 17 sec = Question Completion Status: QUESTION 13 indicate whether the inputs below are variable (V) or fixed (F) in the short run. Output Input Meat hamburgers. in Fire insurance in dry cleaning. Tires in automobiles. Property tax in textile production. Gasoline in trucking services. Depreciation aircraft production. in For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px "lick Save and Submit to save and submit. Click Save All Answers to save all answers. !!!

Help me to determine the answer and follow the direction.Thank you!

Contour crafting was invented by a creative genius engineer whose idea was originally focused on constructing molds for industrial parts. He later expanded his thinking to rapid home and building construction to help during storm recovery. Think of it as 3-D printing of a home where electrical, plumbing, utilities, custom electronics, and such are installed as the home is "printed" layer by layer and potentially in one day. Precision computer-controlled near-concrete material is applied layer by layer by an apparatus with material feed, various controls for shaping in three dimensions, electronic connections, and for larger applications it uses lattice-like tower elements for support and control of the configuration. Consider a "CC Apparatus" of the appropriate size for contour crafting an industrial building. The initial cost is $215,000 and may be sold in year t for 0.6^t of the original price. Operating costs are $65,000 the 1st year, increasing by 6% per year. Due to the continual…

Please slove this problem

Exercise2: A company makes iron benches and wants to determine the break-even point. The total fixed cost for the business is $60,000 and the variable cost is $40 per bench. It sells the bench for $100 per unit. Determine the BEP and construct a graph.

Eastman Publishing Company is considering publishng an electronic textbook about spreadsheet applications for business. The fixed cost of manuscrpt preparation, textbook design, and web site construction is estimated to be $160,000, Varable processing costs are estimated to be $6 per book. The publisher plans to sell single user access to the book for $46. (a) Buld a spreadsheet model in Excel to calculate the profit/loss for a given demand, What profit can be anticipeted with a demand of 3,500 copies? For subtractive or negative numbers use a minus sign. (b) Use a data table to vary demand from 1,000 to 6,000 in increments of 200 trn test the sensitivity of profit to demand. Breskeven occurs where profit goes from a negabve to a positive value, that s, breakeven is where total revenue - total cast yielding a profit of zero. In which interval of demand dons breakeven occur? (1) Breakeven appears in the interval of 4,200 to 4,800 copies. (i) Breakeven appears in the interval of 4,000 to…

Define the term PW Analysis?

You are to share with the audience examples of domestic and international movement of goods. Provide an example of 300 cases - Outer Box - OD 15.375 x 13.625 x 12.75" - of temperature-controlled pharmaceutical product moving from finished product phase at Head Office Pfizer Canada to Xiliang Village, China. Confirm name and location of trucking company being used, the pickup date / time, route, mileage, delivery time and actual refuelling stops.

One of the challenges of business—and life—is planning for an uncertain future. We introduced the concept of contingency planning previously in the course. In module 4, we discussed a related process—environmental scanning—and how to incorporate this concept into the strategic planning process. In this essay question, you will briefly summarize the PESTEL framework and develop a PESTEL analysis for a business of your choice. Review the Common Frameworks for Evaluating the Business Environment section of your course. Briefly (in one paragraph) summarize what the PESTEL framework is and why it matters. Select a specific business or an industry that you are familiar with as a consumer/fan (i.e., sports team, musician, favorite retail establishment), employee or stock investor and develop a PESTEL analysis that includes at least 5 factors in each category: political, economic, social, technological, environmental and legal. Conduct additional research as needed to support your points.

4. The estimation of the model with quarterly car sales in the U.S. from 1975 to 1990 gives: Source | df MS Number of obs = 64 F( 2, Prob > F 61) = 12.21 Model .32720224 2 .16360112 0.0000 Residual | .817286587 61 .013398141 R-squared Adj R-squared = 0.2625 Root MSE 0.2859 Total | 1.14448883 63 .018166489 .11575 lqne | cCoef. t P>|t| std. Err. [95% Conf. Interval] 1price lincome -.4604611 3.37186 6.89398 -.8280926 .1838504 -4.50 0.000 -1.195724 2.399991 . 4860261 4.94 0.000 1.428121 _cons 5.92543 .4843662 12.23 0.000 4.95688 Based on the parameter estimates, what is the predicted effect of a 10% increase in price on the number of cars sold? What would be the effect of that price increase on the value of car sales?

Methods or techniques applied in maximizing of minimizing an objective function. *   decision science tools       mathematical economics       optimization techniques       econometrics

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List all the variable constraints to this problem and show step by step to input into excel to get a sensitivity report