Use the information below to answer the following question(s). Consider the following spreadsheet for an outsourcing decision model. A B |Outsourcing Decision Model 2 Data 4 5 Manufactured in-house Fixed cost Unit variable cost |S 60,000 $ 130 7 Purchased from supplier Unit cost S 165 10 11 Demand volume 1,000 12 13 14 Model 15 16 Total manufacturing cost 17 |Total purchased cost 18 19 Difference 20 Decision We assume that the production (demand) volume is normally distributed with a mean of 1,000 and a standard deviation of 100. For the unit cost, select the triangular distribution. It has a minimum value of $150, most likely value of $165, and a maximum value of $190. The number of trials per simulation is equal to 5,000 at a Sim. Random Seed of 1. Run the simulation and answer the following question(s) using the Analytic Solver Platform. [Hint: choose the closest value.]

Use the information below to answer the following question(s). Consider the following spreadsheet for an outsourcing decision model. A B |Outsourcing Decision Model 2 Data 4 5 Manufactured in-house Fixed cost Unit variable cost |S 60,000 $ 130 7 Purchased from supplier Unit cost S 165 10 11 Demand volume 1,000 12 13 14 Model 15 16 Total manufacturing cost 17 |Total purchased cost 18 19 Difference 20 Decision We assume that the production (demand) volume is normally distributed with a mean of 1,000 and a standard deviation of 100. For the unit cost, select the triangular distribution. It has a minimum value of $150, most likely value of $165, and a maximum value of $190. The number of trials per simulation is equal to 5,000 at a Sim. Random Seed of 1. Run the simulation and answer the following question(s) using the Analytic Solver Platform. [Hint: choose the closest value.]

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Description: Use the information below to answer the following question(s).Consider the following spreadsheet for an outsourcing decision model.AB|Outsourcing Decision Model23Data45Manufactured in-houseFixed costUnit variable costS 60,000$ 1307Purchased from sup

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Need help with 11, 12, 13, 14, 15, 16, 17
interpret Company A and Company B's results below in terms of the factors that impact Cost Volume Profit Analysis (CVP). Why does Company B have the greater degree of operating leverage? As a manager, why is operating leverage an important concept? Company A Company B Sales (10,000 units times $26) $260,000 Sales (10,000 units times $32) $320,000 Less Variable expenses (10,000 units $16) 160,000 Less Variable expenses (10,000 units times $20) 200,000 Contribution margin (a) 100,000 Contribution margin (a) 120,000 Less Fixed expenses 80,000 Less Fixed expenses 100,000 Net operating income (b) 20,000 Net operating income (b) 20,000 Degree of operating leverage (a divided by b) 5.0 Degree of operating leverage (a divided by b) 6.0
Example 31. Plot Less than Ogive and More than Ogive for the following data: Cost of production 4 - 6 6 - 8 8 – 10 10 – 12 12 – 14 14 – 16 | No. of farms 13 111 182 105 19
Forecasting: 1. How does the number of periods in moving average affect the responsiveness of the forecast? 2. Contrast the terms sales and demand. 3. KA commercial bakery has recorded sales (in dezens) for three products, as shown below: Blueberry MuHins Cinnamon Buns Day Cupcakes 30 18 45 34 17 26 32 19 27 34 23 35 2 22 30 23 48 23 29 34 36 25. 20 29 24 14 10 31 26 18 35 31 11 27 47 28 26 27 37 34 13 14 31 24 15 33 33 22 a. Predict orders for the following day for cach of the products using an appropriate naive method. b What should the use of sales data instead of demand imply. RNN N N N H.NM p
Interpret and Explain step by step the result.
Quantitative research: A. Emphasizes how a participant in a given setting constructs the world around the participant B. Involves data that are contained in context C. Involves data that have the potential for revealing complexities D. Emphasizes the answer to a specific research quota
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Company A is a start up company that sells shapewear. They do not have production but instead has a supplier. Create a spreadsheet model for Company A that will be able to maximize profit or maximize profit while minimizing costs. Hint: can be through ads, lowering the cost of packaging, best selling product vs low selling product, etc. (get creative)
Cyberdyne Systems creates a Professional version of its machine learning software. By disabling some of the features in the Professional version it can create a Home version. Both versions have zero marginal cost. Cyberdyne Systems faces two customer segments which it cannot distinguish between and each is interested in buying at most one version. The RPs of each segments for each version are displayed below. Business Home Buyers Professional Version | Home Version Segment Size $20 $10 30 70 $80 $20 Each customer will choose the software that gives her the highest surplus. 3. Now suppose that Cyberdyne has a competitor who also sells a product, which is an alter- native to Cyberdyne's. The Business customers have an RP of $10 for this product, while Home Buyers have an RP of $15. The competitor firm is selling its product for a price of $10 and will not change it regardless of Cyberdyne's actions. What prices should Cyberdyne set to maximize revenue? You may assume that customers will…
Q3B All Fresh Seafood is a wholesale fish company based on the east coast of the U.S. Catalina Offshore Products is a wholesale fish company based on the west coast of the U.S. Table #9.2.5 contains prices from both companies for specific fish types ("Seafood online," 2013) ("Buy sushi grade," 2013). Data is in following table: Fish All Fresh Seafood Prices Catalina Offshore Products Prices Cod 19.99 17.99 Tilapi 6.00 13.99 Farmed Salmon 19.99 22.99 Organic Salmon 24.99 24.99 Grouper Fillet 29.99 19.99 Tuna 28.99 31.99 Swordfish 23.99 23.99 Sea Bass 32.99 23.99 Striped Bass 29.99 14.99 Do the data provide enough evidence to show that a west coast fish wholesaler is more expensive than an east coast wholesaler? Test at the 5% level. (iv) Determine sample mean of differences x⎯⎯div Determine sample mean of differences x¯d Enter in decimal form to nearest ten-thousandth. Examples of correctly…
An automobile manufacturer is considering mechanical design changes in one of its top-selling cars to reduce the weight of the car by at least 420 pounds to improve its fuel efficiency. Design engineers have identified 10 changes that could be made in the car to make it lighter (e.g., using composite body pieces rather than metal). The weight saved by each design change and the estimated costs of implementing each change are summarized in the following table. Design Change 1 2 3 4 6 7 8 10 Weight Saved (Ibs) 50 75 25 150 60 95 200 40 80 30 Cost (in $1,000s) 150 350 50 650 90 35 450 75 110 30 Changes 4 and 7 represent alternate ways of modifying the engine block and, therefore, only one of these options could be selected. The company wants to determine which changes to make in order to reduce the total weight of the car by at least 420 pounds in the least costly manner. (a) Formulate an ILP model for this problem to minimize cost (in thousands of dollars). (Let X, = 1 if design change i…
An entrepreneur who owns and operates two businesses (A and B) would like to analyze their profitability. They would like your help in the analysis. They give you the annual net profit (in thousands of $) for each business from 2008-2020. Table 1: Annual Net Profits for Businesses A and B Business Year Profit Business Year Profit 2008 -50 2008 -10 2009 57 2009 30 2010 71 2010 27 2011 64 2011 22 2012 60 2012 21 2013 50 2013 20 A 2014 41 2014 24 2015 59 2015 24 2016 71 2016 32 2017 71 2017 36 2018 74 2018 37 019 81 20 40 2020 97 2020 49 a. Suppose you want to graph the distribution of profits. Explain why using only one stem- plot might not be optimal for the analysis. b. Describe the correct stemplot to use. Generate this stemplot. Explain your steps. What can you say about the distribution from this stemplot? c. When are stemplots useful? And why is that? d. Suppose that instead of having 26 observations you have 200 observations. What graph should you generate? e. What other type of…