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What is the South African government providing and to whom?
Which of the following is the formula for calculating the unemployment rate? (employed – unemployed) ÷ labor force × 100 (labor force – employed) ÷ labor forc
A monopoly firm is faced with the following demand function P = 13 – 0.5Q The Marginal Cost function for the firm is given by 3 + 4Q and the total fixed cost is 4 Determine 1. The the
Suppose that a firm determines that its marginal revenue is greater than its marginal cost, it would better to Economics - It is profitable for a firm to continue employing additional resou
what are the cost and consequences of providing the subidies and welfare?
The south african government is not providing enough welfare or subsidies to the poor and underpriviledged?
Suppose that a perfectly competitive market is described by the following supply and demand equations: QD = 300 – P and QS = 2P. Suppose that government subsidizes this good: for each unit sold
Cypress River Landscape Supply is a large wholesale supplier of landscaping materials in Georgia. Cypress River's sales vary seasonally; sales tend to be higher in the spring months than in other m
By December 2014, your organization had an establishment of 500 employees when it decided to expand its operations because of growth of market products demand. The decision was to increase the labor s
Consumers behaviour, 1.plz explain dat d one of d feature of want.."every want is stiable" 2.plz explain how to draw 3 demand curves from ICC in ordinal utility a pproach
His office does not have a pamphlet to give to patients. What kind of information should go onto the pamphlet when he assigns it to one of the MA's in the office?
Beginning with the errors calculated in week 7, calculate MFE and MAD for exponential smoothing forecast model with smoothing constants of 0.05, 0.1, and 0.25.
Under what circumstances would GMA or cognitive ability tests be appropriate for promotion decisions? Are there other methods that might be more valid?
The company decides to use a fixed order quantity system. What is the economic order quantity? What should be the reorder point to have a 95 percent service level?
What run quantity should be used to minimize total annual costs? During production, at what rate will inventory build up?
The base printers are still to be manufactured in Taiwan with a lead time of eight weeks. How much saving of safety inventory can Epson expect as a result?
Assume that the demands at the 49 stores are independent of each other. The manufacturer's lead time for supplying the mowers is 9 weeks. How much safety stock is required at each store?
Balance the line into workstations using the longest operating time rule as a tie breaker. What is the efficiency of the balanced line?
Find the production quantity and expected profit of the manufacturer, and the expected profit of the distributor. Compare your answers with 1(c)(ii).
What is the system optimal production quantity and expected profit under global optimization? Suppose the manufacturer is make-to-order.
What is the corresponding fill rate? The marginal production cost for the publisher is $1 per book. How much profit does the publisher make given Borders' actions?
Assuming that PizzaTime wants to maintain a 20% capacity cushion for each area, determine: the number of seats/tables needed assuming 3 customers sit at a time
In the next week the company requires 105 bars that are 2 metres long, 153 bars that are 3 metres long and 207 bars that are 5 metres long. Model the problem as a linear programming problem.
If Exeter determined that it could increase production capacity at mine 1 from 350 tons to 500 tons, at an increase in production cost to $43 per ton, should it do so?
He has available 5400 ounces of peanuts, 1200 ounces of raisins and 2400 ounces of cashews. How many boxes of each mixture should make to maximize revenue?