TSM 325 F11 Lecture-11A

TSM 325 F11 Lecture-11A - Semester project topics-F2F:...

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11/1/2011 1 "In a democracy, people get the government they deserve." -Adlai Stevenson TSM 325 (AE, Agron, AnS, BSE, BusAd, Econ) Biorenewable Systems Week 11 – Session A 11/2/10 Today Who’s in the News? Housekeeping Review - Team 7 - HW-10A Group time (F2F) Guest Speaker - Dr. Chad Hart, Dept. of Economics - Biofuels Policy/Economics
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11/1/2011 2 Who’s In the News? U.S. scientist and professor Skeptic of climate change Recently released the results of a study designed to address limitations of previous studies on global warming - Urban heat effect - Poor weather station data Study partly funded by a foundation whose founder is a major support of skeptic groups Now says global temperature rise is real and continuing. Who’s In the News? Dr. Richard Muller University of California, Berkeley Now accused of hiding data by a previous fellow skeptic.
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11/1/2011 3 Housekeeping Exam 3 solution is posted.
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Unformatted text preview: Semester project topics-F2F: Approved by (not on) Nov 15-Online: should have been approved by now.-Some detail required in the topic statement. Team-08 due Tues, Nov 8, 3:10p HW-11A due Tues, Nov 8, 3:10p-To be posted tomorrow Financial KPIs Profitability-Can you cover your production costs? Liquidity-Can you meet your cash obligations? Solvency-Do you own your business or does your lender? Risk bearing capacity-Can your business withstand a loss? 11/1/2011 4 Break-Even Analysis Useful in understanding profitability when input or output prices vary. What is the maximum/minimum price for after-tax income to be zero? What is the maximum/minimum quantity for after-tax income to be zero? Hold all other revenue/costs constant and calculate the break-even price. Team-07 and HW-10A Review of solutions...
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This note was uploaded on 02/09/2012 for the course TSM 325 taught by Professor Brumm during the Spring '11 term at Iowa State.

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TSM 325 F11 Lecture-11A - Semester project topics-F2F:...

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