Please show formula and solution There are approximately 15,000 households in the Sampaloc, Manila. Over the 6-month lockdown, a number of households purchased one (1) unit of air conditioner. The breakdown of the brands purchased is as follows: Super Lamig - 4,688 households Frozen to Death - 1,456 households Feeling Airy - 2,355 households Typhoon - 3,899 households Based on the above data, what is the market penetration of air conditioning units in Sampaloc, Manila during the 6-month lockdown period?

Please show formula and solution There are approximately 15,000 households in the Sampaloc, Manila. Over the 6-month lockdown, a number of households purchased one (1) unit of air conditioner. The breakdown of the brands purchased is as follows: Super Lamig - 4,688 households Frozen to Death - 1,456 households Feeling Airy - 2,355 households Typhoon - 3,899 households Based on the above data, what is the market penetration of air conditioning units in Sampaloc, Manila during the 6-month lockdown period?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter11: Simulation Models

Section: Chapter Questions

Problem 69P: The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon...

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Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?
Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.
There are approximately 15,000 households in the Tondo, Manila.Over the 6-month lockdown, a number of households purchased one (1) unit of air conditioner. The breakdown of the brands purchased is as follows: 1. Super Lamig - 4,688 households2. Frozen to Death - 1,456 households3. Feeling Airy - 2,355 households4. Typhoon - 3,899 households Based on the above data, what is the market penetration of air conditioning units in Tondo, Manila during the 6-month lockdown period?
There are approximately 15,000 households in Sampaloc, Manila.Over the 6-month lockdown, a number of households purchased one (1) unit of the air conditioner. TheThe breakdown of the brands purchased is as follows:1. Super Lamig - 4,688 households2. Frozen to Death - 1,456 households3. Feeling Airy - 2,355 households4. Typhoon - 3,899 householdsBased on the above data, what is the market penetration of air conditioning units in Sampaloc, Manila during the 6-month lockdown period?
It was decided by the plant management that they must paint the plant. General paint costs ₱350 per gallon and covers 350 sq ft per gallon. The manufacturers claims that it will last 4 years and can be applied at a rate of 100 sq ft per hour. Boysen paint costs ₱500 per gallon and covers 500 sq ft per gallon. It will last for 5 years and can be applied at a rate of 125 sq ft per hour. If the painter is paid ₱50.00 per hour, which should be used?
The Marketing department of Luminus group holds five employees, one supervisor and one middle manager who is the department manager. Riyad One of the five employees and has been working in the company for 15 years, he is an expert in his work and is loyal to the company. While Razan is a new employee, who was hired two weeks ago and still learning her tasks and has high loyalty to the company as well. Their supervisor (Omar) cannot decide how to treat these two employees. Explain how he can do the managerial functions differently between the two employees, then explain what leadership style can he uses. Omar do three managerial functions: Riyad (15 years of experience ) Razan (new employee) Planning Organizing Controlling Leadership Theory name Riyad (15 years) Razan (new employee)
The following selected accounts are included in the trial balance of Dreyfus Corp. on December 31, 20x2:Debit CreditSupplies on hand P270,000Accrued salaries payable P150,000Interest receivable 510,000Prepaid insurance 9,000,000Unearned rent -Accrued interest payable 1,500,000Additional information are as follows:1. A physical count of supplies on hand on December 31, 20x2 totaled P110,000.2. The accountant failed to adjust the Accrued Salaries Payable account. The accrued salaries payable on December 31, 20x2 totaled P440,000.3. The Interest Receivable account was also left unadjusted on December 31, 20x2. Accrued interest receivable on December 31, 20x2 amounted to P435,00 4. The unexpired portions of the insurance policies totaled P6,500,000 as of December 31, 20x2.5. A total of P2,800,000 was received on January 1, 20x2, for the rent of a building for both 20x2 and 20x3. The total amount received was recognized as revenue in 20x2.6. The correct amount of depreciation for the year…
Florida Re-Entry Subdivision (aka Recovery, Treatment, and Rehabilitation)The role of the Re-entry subdivision is to provide quality programs to inmates, equipping them with the competencies necessary to become productive, crime-free members of society. Besides the FDC organizational mission statement, the Re-entry Subdivision has its own mission, to provide the most effective rehabilitative care for inmates of any race, religion, age, sex, sexual orientation, marital status, creed, national origin, or color, and to engage in research, development, and teaching programs to reduce both recidivism and dependency. My question is Where can the Florida Re-Entry Subdivision (aka Recovery, Treatment, and Rehabilitation) improve in complying with its stated goals to move the organization towards its mission?
Star Homes Company a home builder in Sohar purchased various appliances of value RO 5000 from International Appliances Company a retail merchant selling home appliances in Muscat. They were intended to be installed in one of the Star Homes under construction houses and were to be delivered on February 1 between 9:00 am to 5:00 pm. At 5 o’clock on that day, the appliances had not been delivered to Star Homes Office. Star Homes employees waited for a while closed the office and left. Sometimes between 5:00 pm and 6:30 pm International Appliances Company truck came and since was no one present in Star Homes office the delivery man put the appliance in the garage and left. During the night, someone stole the appliance. Star Homes denied that it was responsible for the loss and refused to pay International Appliances Company for the appliances. International Appliances Company filed a case against Star home company claiming for the purchase price. 2-Under the sales of good act is there…
Star Homes Company a home builder in Sohar purchased various appliances of value RO 5000 from International Appliances Company a retail merchant selling home appliances in Muscat. They were intended to be installed in one of the Star Homes under construction houses and were to be delivered on February 1 between 9:00 am to 5:00 pm. At 5 o’clock on that day, the appliances had not been delivered to Star Homes Office. Star Homes employees waited for a while closed the office and left. Sometimes between 5:00 pm and 6:30 pm International Appliances Company truck came and since was no one present in Star Homes office the delivery man put the appliance in the garage and left. During the night, someone stole the appliance. Star Homes denied that it was responsible for the loss and refused to pay International Appliances Company for the appliances. International Appliances Company filed a case against Star home company claiming for the purchase price. 3-If you are the judge of the court what…
A simple trip to the dry cleaners changed Komfwe Mumba's career path. When the Lusaka businessman picked up his clothes, he discovered that the cleaner had ruined one of his ZMW 500 dress shirt. He would have been satisfied if the owner of the cleaner had offered to replace his shirt, but he did not. He didn't even apologize to Komfwe, and that's when Komfwe decided to do something about it. Although the Lusaka market is crowded with dry cleaning establishments, komfwe left his corporate job to launch bibbentuckers, a dry cleaning operation that offers Lusaka residents better quality and better service at higher prices than other dry cleaning establishments currently in operations. He suspected that a segment of the market would be willing to pay premium prices for a dry cleaner that offered convenient locations, superior quality and service, and extra amenities. Komfwe didn't rely on his instincts alone, however. Before, starting bibbentuckers, komfwe did plenty of research and put…