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DISCUSSION
"Managing in the Global Economy and Outsourcing Offshore" Please respond to the following:
• From the scenario for Katrina's Candies, assuming the absence of quantitative data, determine the qualitative forecasting techniques that could be used within this scenario. Now, assume you have acquired some time series data that would enable you to make forecasts. Ascertain the quantitative technique that will provide you with the most accurate forecast.
• When deciding whether or not to outsource offshore, list the key factors aside from maximizing profits that managers should consider. Determine the key factors that you believe to be the most influential.
Explain in detail and carefully:The price elasticity of demand for a product is -2.50. Will a shortage (in a primary part that makes up the product) likely increase or decrease the revenues of the manufactures?
Two blocks of masses 10 kg and 20 kg are placed on the X-axis. The first mass is moved on the axis by a distance of 2 cm. By what distance should the second mass be moved to keep the position of the Centre of mass unchanged?
Describe the ultimate goal of the product campaign for the new shampoo. Discuss your methods for achieving this goal. Identify the components of marketing, pricing, and distribution for the campaign.
A firm produces 10 units per week at a price of $500 each. With AFC of $100 and AVC $350 per unit, the firm is earning economic profits of $500 per week.
suppose that the government chooses conscription. that is the government forces the representative consumer to supply a
1.what economic problem is the nation facing?2.what would be the goals of your fiscal policy?3.what exact fiscal policy
Suppose the government imposes a tax of $20 per unit of output on all firms in the industry. What effect does this have on the industry supply curve? Find the new competitive price and output. What portion of the tax has been passed on to consumer..
consider the market for coffee at university. the market supply is given byqs -20 pswhere qs is the quantity supplied
imagine that you work for the maker of a leading brand of low-calorie microwavable food that estimates the following
Computing an allocation for a planned socialist economy is prone to great computational difficulties.
explain and show graphically how this market would be affected if south africans chose to be more healthy?explain and
Econometrics 718 - Problem Set 1. Two staged least squares. That is first run the treatment variable on the instrument and the X's, form the predicted value, then run a regression of the outcome on the predicted value and the other X's
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