BE 7-4 (LO 7.4, 7.5, 7.6, 7.7) Match the analytics type...Required:Match the analytics type (descriptive, diagnostic, predictive, or prescriptive) to the analytics technique used.Analytics Technique UsedSummarization of last year's sales dataPivot table for drill down and drill up of sales by productSentiment analysis to see what customers think of a new productHypothesis test to see if conversion rates have significantly changed from last periodRoot cause analysis of why product sales have fallenRegression analysis with the conversion rate as the dependent variable and website traffic asthe independent variablePivot table to summarize sales by regionAnalytics TypeDescriptive AnalyticsDiagnostic AnalyticsPrescriptive Analytics

2. Pivot table for drill down and drill up of sales by product - Since it includes dissecting the…

Answered: BE 7-4 (LO 7.4, 7.5, 7.6, 7.7) Match…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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You've been promoted to the position of Manager at the Ibis Hotel in Kuala Lumpur, which is a great opportunity. It is your responsibility as the hotel's management to ensure that the entire facility is free of debris and always clean. To accommodate its visitors, the hotel is expected to provide them with an internet connection, a complimentary breakfast, non-smoking rooms, and laundry facilities. Upon arrival, guests are greeted with delicious fruit trays and are provided with complimentary limousine service. Conduct a KANO ANALYSIS on the case study provided above, and identify the elements that can influence the value of a product or service based on the results.
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CPT incorporated is a local manufacturer of conveyor systems. Last year, CPT sold over $2 million worth of conveyor systems that netted the company $100,000 in profits. Raw materials and labor are CPT’s biggest expenses. Spending on structural steel alone amounted to over $500,000, or 25 percent of total sales. In an effort to reduce costs, CPT now uses an online procurement procedure that is best described as a first-price, sealed-bid auction. The bidders in these auctions utilize the steel for a wide variety of purposes, ranging from art to skyscrapers. This suggests that bidders value the steel independently, although it is perceived that bidder valuations are evenly distributed between $8,000 and $27,000. You are the purchasing manager at CPT and are bidding on three tons of six-inch hot-rolled channel steel against 4 other bidders. Your company values the three tons of channel steel at $19,000. What is your optimal bid?
In early 20X1, Tech PC, a computer manufacturer, signed a contract with University of Maju Jaya to ship 300 computers for a total price of CU 600,000 (CU 2,000 per computer). Due to the necessary preparatory work, Forward University agreed to ship computers in 3 separate shipments over the next 3 months (100 computers in each shipment). University of Maju Jaya obtains control over the computer during delivery (FOB Shipping point). After the first shipment was made, University of Maju Jaya and Tech PC changed the contract. Tech PC will supply an additional 200 computers (500 total). The price for an additional 200 computers was agreed at CU 280,000, becoming CU 1,400 per computer after a 30% discount. Tech PC provides a 30% discount for additional shipping because it hopes to collaborate with Maju Jaya University in the future. As of December 31, 20X1, Tech PC has shipped 400 computers (300 computers as initially agreed and 100 computers under contract amendment). Based on the above…
Y8 Analysis on the perceived occurrence of challenges delaying the delivery of water infrastructure assets in South AfricaIntroductionInfrastructure development is of paramount importance for a sustainable economy that is competitive and productive. However, inflexible government’s fiscal policies, high budget deficits and lack of debt reduction strategies experienced by the public sector directly affect infrastructure development (Ruiters and Matji, 2015). The public sector experiences challenges of provisioning for public infrastructure assets. There are many challenges delaying infrastructure development. The study explored infrastructure backlog and deficits as alarming challenges to adequately fund and deliver water infrastructure assets in South Africa. Kudumela (2015) outlines challenges of infrastructure development: insufficient skills capacity at the municipal level, lack of funding, political instability and corruption, while Senyakoe (2011) indicates that municipalities…
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CPT Inc. is a local manufacturer of conveyor systems. Last year, CPT sold over $2 million worth of conveyor systems that netted the company $100,000 in profits. Raw materials and labor are CPT’s biggest expenses. Spending on structural steel alone amounted to over $500,000, or 25 percent of total sales. In an effort to reduce costs, CPT now uses an online procurement procedure that is best described as a first-price, sealed-bid auction. The bidders in these auctions utilize the steel for a wide variety of purposes, ranging from art to skyscrapers. This suggests that bidders value the steel independently, although it is perceived that bidder valuations are evenly distributed between $6,000 and $28,000. You are the purchasing manager at CPT and are bidding on three tons of six-inch hot-rolled channel steel against 5 other bidders. Your company values the three tons of channel steel at $22,000. What is your optimal bid?
Answer the attached question
Read No Evil (RNE) is a firm specializing in the destruction of sensitive documents. An industrial paper shredder costs $7,083. If bought, it would raise RNE's net income by an additional $850 per year. The machine is designed to last forever and never require maintenance. If the firm does not purchase the machine, it will put the money into an interest - bearing bank account. At which interest rates would RNE rather buy the machine than put the money in a bank account? Check all that apply. 8% 11% 15% 17%
Please no written by hand solutions Consider Urban Artisans, LLC. It has a workshop with 2 machineries that operate 8 hours per day (K=2). Also, it currently employs 5 artisans that also work for 8 hours per day (L=5) and get paid $30 per hour (W=30). The workshop manager is considering an increase in the number of artisans. In fact, she is thinking of increasing the number of employees that work in the workshop to, perhaps, 9 artisans. To help her make a decision, we are going to rely on a recent estimate of their production function: Q=4.5*K0.8*L0.2. We also use the vectors below, describing the short-run variations in labor input: KL26272829 Compute the total product (Q) when K=2 while L varies between 6, 7, 8, and 9. What is the total output when K=2 and L=9? Compute the marginal product of labor (MPL) when K=2 while L varies between 6, 7, 8, and 9. What is the marginal product of labor when K=2 and L=9?

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