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- FCR and Average daily gain are measured in a continuous scale. true or falseA buyer for an electrical component is searching for a supplier who has the best combination of low price, low order cycle time and low order cycle variability.Current uage for the component is 100 units per day. the buyer received data on four potineital suppliers (table) Based on the order cycle time, variability and unit price data provided in the table, which supplier should be awarded the component business?How is MC calculated? 300 for the first MC is incorrect.
- XZ company is selling product A, according to the company when the price of product A is $28, the expected demand is 50,000 units per week. However, when the price is $58, only 20,000 units are demanded per week. Required What is the demand function for product A?DO NOT USE LAGRANGIANNumbers 5 adn 6 need to be answered. The function (8.6) needed in 5b has been included in a separate picture. Please show all work. Thank you.
- A manufacturer of Chocolate has a fixed cost of Tk.60000 and variable cost is Tk.7 per produced Chocolate. Selling price is Tk.10 per Chocolate.Requirement: Draw the break even chart.The Company A expects their production revenue in 2021 become RM250,500 with the overall fixed cost (FX) RM60,000 and variable cost (VC) RM100,000. The standard deviation of revenue, FC and VC are described in Table Revenue Fixed Cost Variable Cost Еxpected 250,500 61000 110000 St. Dev. 15500 4100 41000 If the distribution the simulation is assumed NORMAL, by using Monte-carlo method in excel: a. Calculate the expected profit in the first calculation. b. Identify the calculation of 700 iterations for Mean, Standard Deviation, minimal and maximal value. c. Calculate potential risk of loss for 700 iterations.DEPENDENT VARIABLE Qc R- SQUARE P- VALUE ON F 64 0.8093 0.0001 INDEPENDENTVARIABLE PARAMETER ESTIMATE STANDARD ERROR T-RATIO P-VALUE INTERCEPT 8.20 4.01 2.04 0.0461 PC -3.54 1.64 -2.16 0.0357 M 0.64287 0.19 3.38 0.0014 PA 0.7854 0.38 2.07 0.0439 6. If tax revenue per capita (M) increases by 10, what will happen to the estimated quantity of cement demanded? Q = f( P, M, PR) where Qc = demand for cement/month (in yards) Pc = the price of cement per yard, M = country’s tax revenues per capita, and PR = the price of asphalt per yard.
- DEPENDENT VARIABLE Qc R- SQUARE P- VALUE ON F 64 0.8093 0.0001 INDEPENDENTVARIABLE PARAMETER ESTIMATE STANDARD ERROR T-RATIO P-VALUE INTERCEPT 8.20 4.01 2.04 0.0461 PC -3.54 1.64 -2.16 0.0357 M 0.64287 0.19 3.38 0.0014 PA 0.7854 0.38 2.07 0.0439 4. At the 5% level of significance, which variables are statistically significant?DEPENDENT VARIABLE Qc R- SQUARE P- VALUE ON F 64 0.8093 0.0001 INDEPENDENTVARIABLE PARAMETER ESTIMATE STANDARD ERROR T-RATIO P-VALUE INTERCEPT 8.20 4.01 2.04 0.0461 PC -3.54 1.64 -2.16 0.0357 M 0.64287 0.19 3.38 0.0014 PA 0.7854 0.38 2.07 0.0439 9. Calculate the price elasticity, cross-price elasticity, and income elasticity of demand for cement. Explain these figures. Q = f( P, M, PR) where Qc = demand for cement/month (in yards) Pc = the price of cement per yard, M = country’s tax revenues per capita, and PR = the price of asphalt per yard.DEPENDENT VARIABLE Qc R- SQUARE P- VALUE ON F 64 0.8093 0.0001 INDEPENDENTVARIABLE PARAMETER ESTIMATE STANDARD ERROR T-RATIO P-VALUE INTERCEPT 8.20 4.01 2.04 0.0461 PC -3.54 1.64 -2.16 0.0357 M 0.64287 0.19 3.38 0.0014 PA 0.7854 0.38 2.07 0.0439 10. Write the resulting regression equation. Q = f( P, M, PR) where Qc = demand for cement/month (in yards) Pc = the price of cement per yard, M = country’s tax revenues per capita, and PR = the price of asphalt per yard.