= 78.6 Exponential smoothing (w = .9) = 45.7 Exponential smoothing (w = .3) = 110.9 C) I would use the exponential smoothing w=.9 because of the trending factor 6) A) In 2010 = 11450 units B) Sales would go from 11450 to 1100‚ which is about 3.9% reduction/loss C) Sales would decrease from 11450 to 9650 which is about a 30% reduction 9) Quarter 1 winter / 8.267 mill Quarter 2 spring / 12.456 mill Quarter 3 summer / 14.521 mill Quarter 4 fall / 10.987 mill Chapter 6: Problems 2
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rather than six shirts in each color each day? The change in total revenue from selling seventh shirts rather than sixth shirts is $28.The marginal revenue of the seventh shirt is $28. The seventh shirt brings in $38.31‚ which is the selling price. 3) Break out the components of the $28 marginal revenue from the seventh unit sale at $38.31- that is‚ how much revenue is lost per unit sale relative to the price that would “move” six shirts per color per day? Selling the seventh shirt per day at a
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50 largest U.S cities. Portland’s combined water and sewer bill would likely total $346 by the year 2015.2 Quarterly bills for typical residential customers have risen from $74 to $84 in July 2011 following a 13% increase by the Portland Water Bureau.3 These spiking increases are as a result of a Federal regulation by the Environmental Protection Agency effective 2014 which requires drinking water sources to be guarded against the chlorine-resistant parasite‚ cryptosporidium which Public Water Bureau
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Chapter Two reflections Every economy encounters economizing problem like how to determine what goods to produced‚ how the goods are produced‚ who consume them‚ how supply and demand of goods are managed‚ and how technology is used to promote the progress of economy resources. Fundamentally‚ two types of economic system are used to combat the economizing problem. An economic system where government owns most resources‚ controls and coordinates most economic activity is the command or communism economy
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This process is repeated as many times as necessary for the margin of error to be eliminated. Schulz explains this process of shoot‚ analyze‚ revise instead in terms of the Utility of Error. The idea that by being wrong and recognizing it‚ one can make changes to become better. Throughout all walks of life Schulz’s theme of Utility of Error is demonstrated. A few important examples are during schooling
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sketch a graph showing the appropriate demand and supply analysis. a) A major freeze destroys a large number of the orange trees in Florida. b) The American Medical Association announces that drinking orange juice can reduce the risk of heart attack. (Marks 10) 2) During a year of operation‚ a firm collects Rs. 2‚00‚000 in revenue and spends Rs. 90‚000 on raw materials‚ labor expense‚ utilities‚ and rent. The owners of the firm have
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Macroeconomics‚ (Hubbard/O’Brien) Chapter 24 Aggregate Demand and Aggregate Supply Analysis 1) The static aggregate demand and aggregate supply curve model helps explain A) short term fluctuations in real GDP and the price level. B) long term growth. C) price fluctuations in an individual market. D) output fluctuations in an individual market. 2) The aggregate demand curve shows the relationship between the ________ and ________. A) inflation rate;
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Supply and Demand Simulation ECO/365 Shyesta Kennedy The simulation of supply and demand for this assignment was using Atlantis apartment building rental showing a detailed analysis if how any changes to the rental availability can and will affect the manager decision on price and quality in the market. In this simulation you will see the analysis point out the effect of supply and demand and how it can and needs to reestablishment of price equilibrium
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Jonathan Levin Di¤erentiated Products Demand Systems (A) Jonathan Levin Economics 257 Stanford University Fall 2009 Demand Estimation Fall 2009 1 / 27 Di¤erentiated Products Demand - Outline Overview Supply side Product space Characteristic space Recent developments Class Discussion Jonathan Levin Demand Estimation Fall 2009 2 / 27 Why do we care? Products in almost all markets are di¤erentiated to some extent. Products di¤er in their physical characteristics
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Sustainable development and Religion. Buddhism and the Climate-Energy Emergency Statue of Buddha Sakyamuni‚ Bodh Gaya‚ India It is in this way that we must train ourselves: by liberation of the self through love. We will develop love‚ we will practice it‚ we will make it both a way and a basis‚ take our stand upon it‚ store it up‚ and thoroughly set it going. The Buddha‚ Samyutta Nikaya Environmental and social breakdown
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