Assignment 1: JET Copies Case Problem Rose Leahy Strayer University Quantitative Methods-MAT540 Dr. Patricia DeJarnett July 21‚ 2013 Assignment 1: JET Copies Case Problem Read the “JET Copies” Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year‚ as follows: In Excel‚ use a suitable method for generating the number of days needed to repair the copier‚ when it is out of service‚ according to the discrete distribution
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Problem Set 1 Ben Polak‚ Econ 159a/MGT522a. Four Questions due September 19‚ 2007. 1. Strictly and Weakly Dominated Strategies? What is the de nition of a strictly dominated strategy? What is the de nition of a weakly dominated strategy? Give an example of a two-player game matrix where one player has three strategies‚ one of which is strictly dominated; and the other player has three strategies‚ one of which is weakly (but not strictly) dominated. Indicate the dominated strategies. 2. Iterative
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Q1. What were the key challenges facing Tata Motors in the process of moving to produce passenger cars from successfully producing commercial vehicles? The major challenge for the company was the market competition which is a part of Industry Environment that plays a important role in strategy formulation. At the beginning Tata motors had mostly focused on the domestic market mostly demand driven and there was a lack of competency. But when Indica was launched there were three dominant players who
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Tata Motors was founded in 1945‚ as Tata Engineering and Locomotive Company to manufacture locomotives and engineering products. In 1945‚ Tata began production of steam road rollers with the collaboration with UK manufacture Marshall Sons (Gamble‚ Peteraf‚ & Thompson‚ 2015). In 1994‚ Tata Motors began a joint venture with Damier-Benz/Mercedes Benz to manufacture Mercedes-Benz passenger cars in India (Gamble‚ Peteraf‚ & Thompson‚ 2015). In 2003‚ Tata Engineering changed its name to Tata Motors Limited
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Ford Motors. produces light systems for cars and sells them for 100€ each. Full capacity is 20.000 per month‚ but is currently producing 18.000 systems per month for its regular customers. The company reports the following monthly results: Per unit Total Revenue 100‚00€ 1.800.000‚00€ Direct materials Direct Manufacturing Labor Variable Manufacturing OH Fixed Manufacturing OH 25‚00€ 10‚00€ 22‚00€ 3‚00€ 450.000‚00€ 180.000‚00€ 396.000‚00€ 54.000‚00€ Variable Selling Expenses 19‚00€
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Product Expansion Motors and More will decide to develop an additional product to broaden its portfolio. There is no existing capacity for the product‚ nor do the existing production lines meet the manufacturing requirements for the new product With the expansion of the company into new product lines‚ the burden of personnel to include the financial allocation and asset expansion will fall upon the HR department. Looking into the next 3 years‚ the HR department must in its entirety start preparing
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Department of Economics Economics 011 Section 14 Prof. Steve Suranovic Fall 2012 Problem Set #2 – Answers Answer all of the following questions from the book and those below. HW #2 is due in class on Wednesday Feb 22nd . A. Questions from Text and Readings R&T Chapter 2-5 (online)‚ Chapter 2.4 Review and Practice (in printed textbook); Concept Problems 2‚ 3; (for Extra Practice complete Numerical Problems 1 – 5 (not required for HW1)) CP2. Why does the downward-sloping production possibilities
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Answer guidelines: 1. Recommendations for structuring purchasing process: Wolf Motors should consider a centralized corporate level Materials Management System to consolidate buying decisions for each of the 4 dealerships. This would facilitate greater leveraging with suppliers for consistent quality-control. Economies of scale can be achieved by negotiating for better product pricing through higher volume purchasing. An automated EDI inventory management system that interconnects with each of the
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Problem Set 1 Problem 1 Which project should the firm select? Why? Project B: Managers should try to maximize their stock’s intrinsic value while also bringing in revenue. The P/E ratio shows the dollar amount investors will pay for $1 of current earnings. Problem 2 If most investors expect the same cash flows from Companies A and B but are more confident that A’s cash flows will be closer to their expected value‚ which company should have the higher stock price? Explain. The primary
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Quiz 17: Fuller 1. Consider the following claim: "Many women are considering within themselves‚ what they need that they have not‚ and what they can have‚ if they find they need it. Many men are considering whether women are capable of being and having more than they are and have‚ and‚ whether‚ if so‚ it will be best to consent to improvement in their condition." Now consider the distinctions Fuller makes between men’s and women’s positions in these two sentences‚ and respond to the following:
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