CENTRAL PHILIPPINE UNIVERISTY School of Graduate Studies‚ College of Business and Accountancy A CASE ANALYSIS ON CHAD’S CREATIVE CONCEPTS Presented to JOHN E. TAMPO Professor In Partial Fulfilment of the Requirements In MBA 723 – Production and Operations Management Submitted by JEVY ANN D. BEGAS November‚ 29‚ 2014 CASE No.: OM- 1 TITLE: Chad’s Creative Concept I. TIME CONTEXT The case is analyzed when problems affecting the company’s operation took place‚ inventory cost rises‚ and
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Gas Price Elasticity The Energy Information Administration of the Department of Energy began tracking weekly gasoline prices in 1990 by means of a survey of 800 service stations around the country. The average retail price for unleaded gasoline posted its fourth record high during the week of June 12‚ 2000‚ increasing 5 cents a gallon to an average of $1.681. The price at the pump is higher than the same period last year by 56 cents and has risen 16.2 cents over the past month (Anonymous‚ 2000)
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value for WTP‚ one can estimate elasticity of demand. If there is no switching cost between lens and medicine‚ under any price above WTP‚ farmers will choose only medicine. On the other hand‚‚ farmers will chose only lens at any price below WTP. Therefore‚ demand curve is perfectly horizontal. If we assume there is some switching cost‚ and the cost is different from farmers‚ demand increase when price goes down. If we assume liner demand curve‚ we can say slope of demand curve is negative. Still‚ at
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TUTORIAL 2: Topic 1: The Firm and Its Goals 1) a. If a stock is expected to pay an annual dividend of $20 forever‚ what is the approximate present value of the stock‚ given that the discount rate is 5%? b. If a stock is expected to pay an annual dividend of $20 forever‚ what is the approximate present value of the stock‚ given that the discount rate is 8%? c. If a stock is expected to pay an annual dividend of $20 this year‚ what is the approximate present value of the stock
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Innocent Drinks (“Innocent”) should start the European expansion because it has the largest growth potential and best leverages the core competencies of the company. The structure of the chilled drink business in Europe‚ especially for smoothies seems to be an oligopoly. A few large players take the lion’s share of the market. As such‚ Innocent has the potential to achieve similar market share as in the UK by expanding to new European markets and using its strengths in dynamic marketing‚ branding
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1. What is the author’s thesis statement in this article? The thesis statement is banning sugary drinks in New York will be a good change for New York City residents. 2. Play the Believing Game with this article. What are this argument’s two strongest points? Why are these points the strongest? The strongest points are the health problems. Like obesity can cause diabetes and heart problems. But the food industry doesn’t care about what the customers are consuming‚ they care about selling their
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Price Elasticity Elasticity‚ in layman terms can be defined as the ability of an object to stretch or transform in shape‚ and return to its original form. This definition can be applied to many facets of life. In business we say that it is a measure of responsiveness; ‘measure’ being an expression that suggests numerical factors. In economics‚ elasticity is commonly measured in the price elasticity of demand‚ and the price elasticity of supply. Price elasticity of demand is the measure
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the concepts of price elasticity of demand‚ income elasticity of demand and cross elasticity of demand. Income elasticity of demand measures the responsiveness of demand to a change in income‚ ceteris paribus. It is the percentage change in demand for a good resulting from a percentage change in income‚ ceteris paribus. When income changes with other price or non-price factors‚ such as income‚ remaining unchanged‚ income elasticity of demand measures how much to which demand will change‚ ceteris
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In general‚ businesses are aware of demand curves; however‚ it is rare that they actually know how to recognize those curves. In order to make sound business decisions‚ it is important to be able to recognize certain elements of a demand curve. For instance‚ if Apple raised its prices by five percent‚ what would happen to its revenues? The answer to this question depends on the response of Apple consumers. Will the consumer refrain from making purchases completely or just cut back on them? How a
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1. The set of all integers x such that |x – 3| < 2 is equal to (a) {1‚ 2‚ 3‚ 4‚ 5} (b) {1‚ 2‚ 3‚ 4} (c) {2‚ 3‚ 4} (d) {-4‚ -3‚ -2} 2. The Range of the function f(x) = x 2 2 x − − is (a) R (b) R – {1} (c) (-1) (d) R – {-1} 3. The value of (i)i is (a) ω (b) ω2 (c) e-π/2 (d) 2√2 4. ( ) ( ) 4 5 cos isin icos sin θ + θ θ + θ is equal to (a) cos− isin θ (b) cos9θ − isin9θ (c) sin θ − icosθ (d) sin 9θ − icos9θ 5. The roots of the quadratic equation ax2 + bx + c = 0 will be reciprocal
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