QUESTION 8The table below shows the hours required to produce one ton of rice or one ton of wheat in China and India. They can either devote their time to produce rice or wheat.China8India191216RiceWheatBased on the information in this table, which of the following is true?O a. India has a comparative advantage in producing rice and China has a comparative advantage in producing wheat.b. China has a comparative advantage in producing rice and India has a comparative advantage in producing wheat.c. India has comparative advantage in making both products.d. China has comparative advantage in making both products.QUESTION 9The table below shows the hours required to produce one ton of rice or one ton of wheat in China and India. They can either devote their time to produce rice or wheat.IndiaChina891612RiceWheatBased on this information, for both countries to gain from trade, China should produceQ Search49°f24f3Wf4f5Af6f7ly!fgand India should producehoinsert112

Question 8: The question is asking about comparative advantage in producing rice and wheat in China…

QUESTION 8 The table below shows the hours required to produce one ton of rice or one ton of wheat in China and India. They can either devote their time to produce rice or wheat. China 8 India 9 12 16 Rice Wheat Based on the information in this table, which of the following is true? O a. India has a comparative advantage in producing rice and China has a comparative advantage in producing wheat. O b. China has a comparative advantage in producing rice and India has a comparative advantage in producing wheat. O c. India has comparative advantage in making both products. O d. China has comparative advantage in making both products. QUESTION 9 The table below shows the hours required to produce one ton of rice or one ton of wheat in China and India. They can either devote their time to produce rice or wheat.

QUESTION 8 The table below shows the hours required to produce one ton of rice or one ton of wheat in China and India. They can either devote their time to produce rice or wheat. China 8 India 9 12 16 Rice Wheat Based on the information in this table, which of the following is true? O a. India has a comparative advantage in producing rice and China has a comparative advantage in producing wheat. O b. China has a comparative advantage in producing rice and India has a comparative advantage in producing wheat. O c. India has comparative advantage in making both products. O d. China has comparative advantage in making both products. QUESTION 9 The table below shows the hours required to produce one ton of rice or one ton of wheat in China and India. They can either devote their time to produce rice or wheat.

Operations Research : Applications and Algorithms

4th Edition

ISBN:9780534380588

Author:Wayne L. Winston

Publisher:Wayne L. Winston

Chapter23: Simulation With The Excel Add-in @risk

Section23.10: Using Data To Obtain Inputs For New Product Simulations

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A process that determines the user expectations for a software product is called requirement analysis. In software engineering, requirement analysis is known as requirement engineering. It involves communication with end-users and stakeholders to determine whether the system or software requirements are validated, conflicts are solved, and key requirements are documented. The first activity of the Software Development Life Cycle (SDLC) is requirement analysis.

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QUESTION 9 The table below shows the hours required to produce one ton of rice or one ton of wheat in China and India. They can either devote their time to produce rice or wheat. India China 8 9 16 12 Rice Wheat Based on this information, for both countries to gain from trade, China should produce QUESTION 10 The table below shows the total amounts of rice and wheat that can be produced with 144 hours of labor in China and India. China 18 9 Rice Wheat esc Q Search Now suppose the countries each specialize according to comparative advantage and agree to trade 4 tons of wheat for 6 tons of rice. After the trade, China has tons of rice, while India has tons of wheat and tons of rice. 101 49° OL G 2 # HHH 3 W SA 4 f5 % 5 T f6 6 & and India should produce ly! 7 He 8 India 16 12 fg f10 insert I O P F12 tons of wheat and prt scr 12:26 AL 1/29/202 BANG & OL backspace
Your country has adopted the World Trade Organisation (WTO) valuation methods for imports and exports.Write short notes on two of the following WTO customs valuation methods:(i) Method 1 – Transaction value (ii) Method 2 – Transaction value of identical goods (b) Owing to the high incidences of dumping goods in the country, the tax authority in your country has sought your professional advice on how to end this vice. Outline some of the measures that the authority can utilize in preventing dumping of goods. (c) (i) State the conditions which should be fulfilled before an exemption from payment of tax isgranted under the VAT and Customs and Excise Acts. (ii) Explain the procedure for applying for such an exemption under the VAT and Customs and Excise Acts.
The below excerpt describes the reimbursement policy for tour-guide expenses of Holiday tours. "There are three reimbursement situations. For single destination tours, the tour-guide can only claim travel mileage for 30 cents per KM. For one-day trip, tour guides could claim mileage of 30 cents per KM and food expenses but depending on the time that the tour starts and ends. To claim expenses for breakfast, the tour should start latest by 7:00 AM and tour ends at 4:00 PM or later. To claim expenses for lunch, tour starts latest by 10:00 AM and ends at 4:00 PM or later. To claim expenses for dinner, tour starts at latest by 10:00 AM and ends at 7:00 PM or later. For trips that involves overnight stay, tour-guides can claim full expenses for lodging and transportation. Food expenses can also be claimed but also depending on the same policy as the One day trip" 1. Use structured English to describe the reimbursement policies. 2. Draw a decision tree to describe the reimbursement policy 3.…
Computer Science Rewrite this brief section. Create a table that illustrates the data. INTRODUCTION: The University of Wisconsin–Stout has experienced a series of large budget cuts in recent years. The athletic department has been granted an estimated budget of $250,000 for updates of current facilities. For a new floor installation to be feasible, the total cost must not reach over $250,000. FIGURES: According to Connors Flooring, the total installation cost of a maple sports floor is $81,300 with over 38 years of life expectancy. This is based on a 10,000-square-foot floor. The Maple Floor Manufacturers Association has concluded that wood floors also require regular cleaning, sanding, lines repainted, and floor refinishing approxi- mately every three years. This is a cost of approximately $8,000.00 per three years, equaling $2,666.00 p/year. With a 38 year life expectancy, the total for cleaning, sanding, painting, etc. = 101,308. CONCLUSION: The total cost of the floor is under…
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Assignments Lakeside Boatworks is planning to manufacture three types of molded fiberglass recreational boats -a fishing (bass) boat, a ski boat, and a small speedboat. The estimated selling price and variable cost for each type of boat are summarized in the following table: Boat Variable Cost Selling Price Bass $12,500 $23,000 Ski 8,500 18,000 Speed 13,700 26,000 The company has incurred fixed costs of $2,800,000 to set up its manufacturing operation and begin production. Lakeside has also entered into agreements with several boat dealers in the re- gion to provide a minimum of 70 bass boats, 50 ski boats, and 50 speedboats. Alternatively, the company is unsure of what actual demand will be, so it has decided to limit production to no more than 120 of any one boat. The company wants to determine the number of boats that it must sell to break even while minimizing its total variable cost. 1. Formulate a linear programming model for this problem. 2. Solve the model by using the…
Linda is starting a new cosmetic and clothing business and would like to make a net profit of approximately 10% after paying all the expenses, which include merchandise cost, store rent, employees’ salary, and electricity cost for the store. She would like to know how much the merchandise should be marked up so that after paying all the expenses at the end of the year she gets approximately 10% net profit on the merchandise cost. Note that after marking up the price of an item she would like to put the item on 15% sale. Write a program using c++ compiler that prompts Linda to enter the total cost of the merchandise, the salary of the employees (including her own salary), the yearly rent, and the estimated electricity cost. The program then outputs how much the merchandise should be marked up so that Linda gets the desired profit.
Linda is starting a new cosmetic and clothing business and would like to make a net profit of approximately 10% after paying all the expenses, which include merchandise cost, store rent, employees’ salary, and electricity cost for the store. She would like to know how much the merchandise should be marked up so that after paying all the expenses at the end of the year she gets approximately 10% net profit on the merchandise cost. Note that after marking up the price of an item she would like to put the item on 15% sale. Write a program that prompts Linda to enter the total cost of the merchandise, the salary of the employees (including her own salary), the yearly rent, and the estimated electricity cost. The program then outputs how much the merchandise should be marked up so that Linda gets the desired profit.
Linda is starting a new cosmetic and clothing business and would like to make a net profit of approximately 10% after paying all the expenses, which include merchandise cost, store rent, employees’ salary, and electricity cost for the store. She would like to know how much the merchandise should be marked up so that after paying all the expenses at the end of the year she gets approximately 10% net profit on the merchandise cost. Note that after marking up the price of an item she would like to put the item on 15% sale. Write a program that prompts Linda to enter the total cost of the merchandise, the salary of the employees (including her own salary), the yearly rent, and the estimated electricity cost.The program then outputs how much the merchandise should be marked up so that Linda gets the desired profit. Need the header filewith the name LindaStore. A:Define the following attributes: float merchandiseCost, float storeRent, float employeesSalary, float electricityCost. B:…
Linda is starting a new cosmetic and clothing business and would like to make a net profit of approximately 10% after paying all the expenses, which include merchandise cost, store rent, employees’ salary, and electricity cost for the store. She would like to know how much the merchandise should be marked up so that after paying all the expenses at the end of the year she gets approximately 10% net profit on the merchandise cost. Note that after marking up the price of an item she would like to put the item on 15% sale. Write a program using c++ compiler that prompts Linda to enter the total cost of the merchandise, the salary of the employees (including her own salary), the yearly rent, and the estimated electricity cost. The program then outputs how much the merchandise should be marked up so that Linda gets the desired profit. need constructor function,destructor function, copy construction , mutators ,accesors function , getprofit and gettotalcost
Southland Corporation's decision to produce a new line of recreational products resulted in the need to construct either a small plant or a large plant. The best selection of plant size depends on how the marketplace reacts to the new product line. To conduct an analysis, marketing management has decided to view the possible long run-demand as low, medium or high. The following table shows the projected profit in millions of dollars: Plant Size Low Medium High Small 150 200 200 Large 50 200 500 a. What is the decision to be made, and what is the chance event for Southland's problem? b. Construct a decision tree. c. Recommend a decision based on use of the optimistic, conservative, and minimax regret approaches.
An electronic gadget distibutor company Low Yatt Seng is based in Alor Setar, Kedah sells its products in north, north-west, and western region of Malaysia. They have sales units at Penang, Kuala Lumpur, and Johor Bahru. The CEO of the company wants the latest sales information to measure the sales performance and to take corrective actions if required. He has requested the report as follows: January February March Units RM Units RM Units RM Penang Digital Camera 5 2500 3 500 Mobiles Phones 3 1500 16 8000 6 3000 Pen Drives 4 800 16 800 6 1000 Kuala Lumpur Digital Camera 3 500 Mobiles Phones 3 1500 Pen Drives 4 450 9 450 15 750 Johor Bahru Digital Camera 3 500 Mobiles Phones 3 1500 Pen Drives 4 450 9 450 15 750 TOTAL 26 6500 50 2100 40 6500…