MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Sustainability and Supply Chain Management
12th Edition
ISBN: 9780134165325
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Textbook Question
Chapter 13, Problem 8DQ
Question:
8. Define mixed strategy. Why would a firm use a mixed strategy instead of a simple pure strategy?
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QUESTION 15
Compare and contrast “strategic blunder” and “strategic drift”
Question 6:
Suppose that the market for cigarettes in a particular
town has the following supply and demand curves:
QS = P; QD = 60 - P.
1. What is the equilibrium quantity and price?
2. Suppose that the town council wants to reduce
cigarette consumption. It imposes a quantity tax
per unit of cigarettes on the consumer side. Find
the new equilibrium quantity, the equilibrium price
paid by the consumer, and the equilibrium price
received by the producer.
3. Suppose the flat tax is 20. What is the new
equilibrium quantity, the price paid by consumer,
and the price received by the supplier?
4. Use the results from Q6.3, compute the consumer
surplus before and after tax. Draw the supply and
demand curve and label the equilibrium quantity
and prices. Also shade the area of the consumer
surplus before and after tax.
5. If the council wants to reduce cigarette sales to 5,
what would the appropriate tax be?
QUESTION FOUR
The following information has been extracted from the records of TD Projects Ltd:
Statement of Comprehensive Income for the year ended 31 December 2021:
R
18 000
Revenue (60 % on credit)
9 000
Cost of revenue (50% on credit)
1400
Depreciation
Profit before Interest and Tax
7 600
1 200
Interest paid
Taxable profit
6 400
2 089
Taxes (30 %)
Net profit after tax
4311
Dividends
1 352
Addition to retained profit
2 959
Statement of Financial Position as at 31 December 2021:
2020
R
Non-current assets
Plant and equipment
16 968
Current assets
Stock
5 740
Debtors.
2 230
Cash
808
8 778
Total assets
25 746
Owners' equity
3 600
Share capital
12 859
16 459
Non-current liabilities
Long term loan
6 800
Short term loan
750
7 550
Current liabilities
Creditors
1737
Total equity and liabilities
25 746
2021
R
16 200
8 450
3 232
494
12 176
28 376
3 600
15 818
19 418
6 300
800
7 100
1 858
28 376
[25]
Required:
4.1. Calculate and comment on each of the following liquidity ratios for 2020 and…
Chapter 13 Solutions
MyLab Operations Management with Pearson eText -- Access Card -- for Operations Management: Sustainability and Supply Chain Management
Ch. 13 - Prob. 1DQCh. 13 - Why are SOP teams typically cross-functional?Ch. 13 - Prob. 3DQCh. 13 - Prob. 4DQCh. 13 - Prob. 5DQCh. 13 - Prob. 6DQCh. 13 - Question: 7. What is level scheduling? What is the...Ch. 13 - Question: 8. Define mixed strategy. Why would a...Ch. 13 - Prob. 9DQCh. 13 - Prob. 10DQ
Ch. 13 - Question: 11. What is the relationship between the...Ch. 13 - Prob. 12DQCh. 13 - Question: 13. What are major limitations of using...Ch. 13 - Prob. 14DQCh. 13 - Question: 13.1 Prepare a graph of the monthly...Ch. 13 - Prob. 2PCh. 13 - The president of Hill Enterprises, Terri Hill,...Ch. 13 - Prob. 4PCh. 13 - Prob. 5PCh. 13 - Prob. 6PCh. 13 - Prob. 7PCh. 13 - Prob. 8PCh. 13 - Prob. 9PCh. 13 - Question: 13.10 The SOP team (see Problem 13.9)...Ch. 13 - Prob. 11PCh. 13 - Prob. 12PCh. 13 - Prob. 13PCh. 13 - Question: 13.14 Jerusalem Medical Ltd., an...Ch. 13 - Prob. 15PCh. 13 - Prob. 16PCh. 13 - Prob. 17PCh. 13 - Question: 13.18 Jose Martinez of El Paso has...Ch. 13 - Prob. 19PCh. 13 - Prob. 24PCh. 13 - Prob. 25PCh. 13 - Prob. 26PCh. 13 - Prob. 1CSCh. 13 - Prob. 2CSCh. 13 - Prob. 1VCCh. 13 - Prob. 2VCCh. 13 - Question: 3. What are some concerns the team needs...
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