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Top Gun Records and several movie studios have decided to sign a revenue-sharing contract for DVDs. Each DVD costs the studio $2 to produce. The DVD will be sold to Top Gun for $3. Top Gun in turn prices a DVD at $15 and forecasts demand to be normally distributed, with a mean of 5,000 and a standard deviation of 2,000. Any unsold CDs are discounted to $1, and all sell at this price. Top Gun will share 35 percent of the revenue with the studio, keeping 65 percent for itself.
How may CDs should Top Gun order?
What is the profit that Top Gun expects to make?
What is the profit that studio expects to make?
Why is leadership a fundamental part of organizational behavior. What leadership theory do you align with and what are the main characteristics that would make this particular theory effective within your organization
There are an additional 250 business students enrolled in accounting but not enrolled in statistics. If a business student is selected at random, what is the probability that the student is enrolled in statistics?
Between the 2 which one if you were opening your own business do you think which you would use also why. Ellucidate what can you advice me for this question to gain some points.
Demand for programs at each game is normally distributed with a mean of 2,500 and a standard deviation of 200. How many should Katie produce for the upcoming game (round off to the nearest unit)?
Make sure to use your own words, plagiarism is absolutely unacceptable, and you will be graded up for originality provided the question is answered or the diagram is complete. Define Systems Thinking. Define Variable. Define Causal Loop. Define The "..
the right to vote and not to wait in the previous two presidential elections in the united states
1 complete exercise 2.1. in the excel document below you may use sheet 1 quotmoving averages templatequot which
A company is considering producing an item that can be sold for $380 per unit. The fixed costs for setting up production are $225,000 and the variable cost per unit for the item using current materials is estimated to be $350. If the company is able ..
At the present time, each of the four bookstores has an equal share of the market. What will the market shares be for the next period?
Problems and decision making occur in the business environment on a daily basis. Think about the street vendor in New York City on up to the CEO of a Fortune 500 company. Each faces many problems and each has clients that he or she has to work and in..
Explain how the concepts from Locke's goal setting theory can be incorporated into Vroom's expectancy theory. Explain how the concepts in Adams' equity theory can be incorporated into expectancy theory. Needs to be 200 word and due in 2 hours.
Use the Virtual Organization link on the student website to access additional company information on Kudler Fine Foods.
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