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1. In a day of production, companies in Angola can manufacture 200 liters of oil or 100 kilograms of tungsten. companies in Namibia can produce 160 liters of oil or 60 kilograms of tungsten. Which country has an comparative advantage in the production of tungsten?a. Both countries are equally advantageous in production.b. Neither country has an advantage in production.c. Angola has the comparative advantage.d. Namibia has the comparative advantage.
2. In a day production, firms in Israel can produce 77 microprocessors or 24 ballistic missiles. Firms in the United States can produce 88 microprocessors or 14 ballistic missiles. Which country has the absolute advantage in the production of ballistic missles?a. Both countries are equally advantageous in production.b. Neither country has an advantage in production.c. The United States has the absolute advantage.d. Israel has the absolute advantage.
Illustrate what do you think is MOST important reason, explain why supply chain management is important to Regal and firms like it. Explain why.
Illustrate what are similarities of effective and ineffective cycles. Building a culture that was inclusive of diverse cultures and accommodates highly creative technical staff.
Suppose that the corn production needs only land and can production requires only labor. The US can produce either seventy kilograms of corn or 100 cans in an hour.
A part used to repair machines has a normally distributed monthly demand with a mean of 65.0 and a standard deviation of 5.2. If lead-time is so predictable that it can be considered a constant 0.25 month and service level is 90 per cent: Illustra..
Illustrate what is number of orders per year if manager uses current order quantity of 1600. Also illustrate what is number of orders per year if manager uses Economic Order Quantity.
illustrate what are recommendations for performance improvement in Zippos Supply chain integration Relationships within its supply chain management and Rationalization of supply base as a competitive strategy.
In the Ricardian model, everyone seems to profite from trade. However, the Heckscher-Ohlin model seems to show that some lose from trade as well.
Explain why do inventories cost so much to maintain. Give some examples of explain how cost is associated with carrying an inventory. Is re anything we can do to lower this cost and if so, illustrate what.
daily demand for a product is approximately normally distributed with a mean of 138 and a standard deviation of 24 units. Order lead time is 9 days. Illustrate what is appropriate reorder point (in units) if target service level is 82%.
Use trial and error to find out a better layout for Fresh Foods Grocery. Compute LD score and compare it to LD scores computed for Fresh Foods' current and proposed layouts. Which is best
Is it not right to use the total revenue test for elasticity, when there is a direct relationship in price and total revenue the demand is elastic?
Using demand and supply analysis to assist you, determine the effects on the exchange rate between the British pound and the Japanese yen from:
What is PM firm's optimal organizational structure? How does it impact PM firm's international market expansion plans? How would it change as PM firm adopts additional international market expansion strategies?
The Internet has allowed for raised trade in services such as technical support, a development that has lowered the prices of such services related to manufactured goods.
Calculate and Plot using a spreadsheet (like Ms Excel) the series for Nominal GDP
Suppose If factor-intensity reversals were indeed prevalent in the real world, how might this fact be used to describe the Leontief paradox?
Suppose you are the Economic Advisor to the President of the U.S. Your task is to make a framework for economic policy and issues. During one of your briefing sessions in the White House,
Jack and May are the only residents of a small island. Jack operates a paper-mill, and has expenses given by MPC = 10+2Q. Jack gets a value of $24 for each unit of paper he sells.
Two firms, firm A and firm B, are deciding whether each should implement a new pricing strategy, which may or may not result in a value war.
For a world in which international trade would be according to the differences featured in the Heckscher-Ohlin theory, the shift from no trade to free trade is like a zero-sum game.
Discuss how do government bureaus differ from private firms and explain why is there good reason to believe that bureaucrats will seek to supply more than efficient level of their output in any year?
A FX dealer in London normally quotes spot, 1M, 3M and 6M forward. When you ask over the phone for current quotes for YEN or USD you hear "111.43 to 51, 52 to 48, 150 to 144, 337 to 205"
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