1. What is the equation for the aggregate expenditure (AE) function?
Aggregate Expenditure Equation (AE) = C + I
Aggregate Expenditure = 1300 + 0.85Y + 450
2. Applying the equilibrium condition that Y = AE, determine the level of
When two countries trade each one can specialize and the combined output will be
higher which expands consumption possibilities of both the countries. Do you agree?
Explain your answer.
I agree with the statement. When two countries trade each one can spe
Income elasticity of demand
Income elasticity of demand measures the relationship between a change in quantity
demanded for good X and a change in real income. The formula for calculating income
% change in demand divided by the % change in
1- The grocery industry has an annual inventory turnover of about 14 times. Organic
Grocers, Inc., had a cost of goods sold last year of $10.5 million; its average
inventory was $1.0 million. What was Organic Grocers inventory turnover, and how
INDIVIDUAL RESEARCH PROJECT
Individual Research Project: Part #1
BUSI 2073 Management of Technology and Innovation (16U - Section B)
For: Aniket Mahanti
July 17, 2016
Loblaw Companies Limited (Loblaw) is Canadas lar
a- This is a mixed integer liner program. Its LP relaxation is
Max 30X1 + 25X2
3X1 +1.5X2 < 400
1.5X1 + 2X2 < 250
X1 + X2 < 150
X1 . X2 > 0
B. This is all integer linear program and its LP relaxation just requires dropping
Problem 1 Consider the following time series data.
Week 1 2 3 4 5 6
Value 18 13 16 11 17 14
Using the nave method (most recent value) as the forecast for the next week, compute the
Following measures of forecast accuracy.
Why is restructuring sometimes necessary for reengineering to take place?
Restructuring sometimes necessary for the reengineering to take place because by
completely rethinking a business process, a more efficient structure often emerges.
b. The same extreme point, A = 7 and B = 3, remains optimal. The value of the objective
function becomes 5(7) + 2(3) = 41
c. A new extreme point, A = 4 and B = 6, becomes optimal. The value of the objective
function becomes 3(4) + 4(6
Why does differentiation occur in an organization? Distinguish between vertical
and horizontal differentiation.
Differentiation occurs in organizations because its a process that they all go through. In
order for an organization to reach their goals they
As organizations grow and differentiate, what problems can arise with a
As the company Grow there are few problems that can rise with functional structure.
Lack of communication.
Inability to measure the performance.
Short Individual Research Paper/Case Study
Sunday June 19, 2016
BUSI 2003 Macroeconomics in Global Context (Section B) (16S)
Prepared for: Rossie Kadiyska
11. For the Hawkins Company, the monthly percentages of all shipments received on time over the past 12 months are 80, 8
a. Compare a time series plot. What type of pattern exsists in the data?
b. Compare a three-month moving average forecast with an expo
I will give advice to my client to accept the offer from the insurance company because in
this case she has medical expense of $10,000 and if she decided to go to the court
there will be more $10,000 which will be total of $20,000. And the chances of winn
a. Develop and solve an integer programming model for maximizing the net present value.
b. Assume that only one of the warehouse expansion projects can be implemented. Modify your model of part (a).
c. Suppose that, if test marketing of the new product is
1. You have developed the following simple product structure of items needed for
your gift bag for a rush party for prospective pledges in your organization.
You forecast 200 attendees. Assume that there is no inventory on hand of any of
the items. Explod
Flowchart diagram for the registration process at a school
Acquiring and filling of Application
Receipt and checking of application
Registration completed on payment of fees
A pharmaceutical company conducted a study to evaluate the effect of an allergy relief
medicine; 250 patients with symptoms that included itchy eyes and a skin rash received
the new drug. The results of the study are as follows: 90 of
How should an organization design its structure and culture to obtain a core
competence in manufacturing and in research and development?
There are different innovative ways required for the successful research and
Coordination for new produc
Cost of material per unit
Cost of labor $6 per machine h Number of machine hours per unit
Cost of labor per unit
Total cost per unit Selling price per unit
Profit per unit Tax rate = 0.2 Profit per unit