Victoria University BAO3312 Final Exam Semester 2 2010 Exam Case The case study for the Final Exam is Las Ferreterias de Mexico. A copy of the case is available in WebCT. Exam Conditions Time: 15 minutes reading time +2.5 hours; Closed books and notes. You will be given a clean copy of the case in the examination. There are a couple of questions that require some calculations; therefore‚ a calculator will be allowed in the exam. These questions make up less than 10% of the Exam. Exam Questions‚
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The Federal Bureaucracy hires thousands of employees to complete specific goals. Those employed attempt to achieve these goals proficiently‚ however their goals and procedures are part of a continual struggle for power; which inevitably leads to ineffective behavior known as red tape (Pearson Education). Many have attempted to change the way the federal bureaucracy does business in order to help improve the services provided to the public. The federal bureaucracy falls into many categories
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1. a. The simulation indicates that 584 is the optimum stocking quantity. Daily profit at this stocking quantity is $331.4346. b. Using the newsvendor model‚ Cu = 1 - 0.2 = 0.8 and Co = .2. Cu /(Cu + Co) = .8. Using the spreadsheet‚ we found Q* = NORM.INV(.8‚500‚100) = 584.16. The simulation and newsvendor model give the same optimal stocking quantity. 2. a. According to the simulation spreadsheet‚ 4 hours of investment in creation maximizes daily profit at $371.33. b. Sheen would choose an
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A Federal Governing system is one in which the powers of government are divided between a central government and several local governments. An authority superior to both the central and local governments makes this division of powers on a geographic basis; and that division cannot be changed by either the local or national level acting alone. Both levels of government act directly on the people through their own sets of laws‚ officials‚ and agencies. In federalism‚ there is a written constitution
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CICLO DE VIDA DE UN PRODUCTO El ciclo de vida del producto es la evolución de las ventas de un artículo durante el tiempo que permanece en el mercado. Los productos no generan un volumen máximo de ventas inmediatamente después de introducirse en el mercado‚ ni mantienen su crecimiento indefinidamente. El concepto de «ciclo de vida de un producto» es una herramienta de mercadotecnia o marketing. Las condiciones bajo las que un producto se vende cambian a lo largo del tiempo; así‚ las ventas varían
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The Role of the Federal Reserve Have you ever wondered who controls the money supply in the United States? I mean it’s certainly one of the most important roles someone can play in the U.S. government; the answer is the Fed. The Fed is also known as the Federal Reserve System. It’s the central banking system of the United States. It was established in 1913 by congress to control monetary policy‚ the use of changes in the amount of money in circulation to alter credit markets‚ employment and
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“Cartoneo y Nopalitos” is a film written and directed by Pablo Veliz from San Antonio‚ TX inspired in his sister Benny’s story. This film narrates the story of Carla‚ a young Mexican immigrant‚ who has the dream of becoming her grandfather’s physician. Shortly after‚ she realizes that her vision will not be possible because of her undocumented status‚ which prevents her from not only achieving the American dream but take her away from her family. This film is an awesome piece of art. It is incredible
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What are the pros and cons of the Federal Reserve? Make sure you discuss this from a public choice‚ knowledge problem and macroeconomic perspective. Should the fed remain independent or should it be subject to congressional (executive authority)? Alternatively‚ should it be abolished? If so what would a fed-less world look like? a. The benefits of the Federal Reserve are that it creates a notion of stability in the financial industry. The Federal Reserve was created to lessen the frequency of bank
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Federal Constitution : Fundamental Liberties The term of "constitution" could mean body of legal and non-legal rules concerning the government of a state. It’s also a written document having special legal status‚ which establishes the state and sets out the structure and powers of the state. There are several type of constitution that is State of Federal Constitution‚ Written or Unwritten Constitution and Flexible or Rigid Constitution. In Malaysia‚ both Federal Constitution and State Constitution
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team up with a knowledgeable‚ understanding‚ and compassionate nutritionist? At Motion Fitness Club in Millburn‚ NJ‚ you can do just that. This full-service gym is proud to have Laura Peifer on their team. Laura is a passionate and dedicated nutritional counselor‚ and she’s ready to help you transform your life. Below‚ Laura has included five simple nutrition tips‚ all guaranteed to bring a little joy into your day. Eat Your Fruits & Veggies: Did you know that broccoli combats cancer‚ apples protect
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