Uncertainty in the Movie Industry: Does Star Power Reduce the Terror of the Box O±ce?¤ Arthur De Vany Department of Economics Institute for Mathematical Behavioral Sciences University of California Irvine‚ CA 92697 USA W. David Walls School of Economics and Finance The University of Hong Kong Pokfulam Road Hong Kong Abstract Everyone knows that the movie business is risky. But how risky is it? Do strategies exist that reduce risk? We investigate these questions using a sample of over
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BALDWIN BICYCLE COMPANY Baldwin Bicycle Company has been a bicycle manufacturer who produced various high quality models. Due to competition in 1981‚ the firm’s sales revenues significantly dropped in the following two consecutive years. In addition‚ it could only operate at 75 percent of the plant’s capacity. In May 1983‚ the firm received a proposed production plan of sporting bicycles‚ named Challenger‚ from Hi-Valu. There would be two types of direct costs associating with the new bicycle production
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cut on prices and we have changed our production. We cut prices for some market research‚ because a lot of markets are already known‚ and we changed the production by producing the same amount that is needed. During 2009 we produced 172‚157 normal bicycles‚ 196‚750 racing
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BALDWIN BICYCLE COMPANY In May 1983‚ Suzanne Leister‚ marketing director of Baldwin Bicycle Company‚ was mulling over the discussion she had had the previous day with Karl Knott‚ a buyer from Hi-Valu Stores. Hi-Valu operated a chain of discount department stores in the North West. Hi-Valu’s sales volume had grown to the extent that it was beginning to add its "own-brand" (also called "private-label") merchandise to the product lines of several of its departments. Mr. Knott‚ Hi-Valu’s buyer for
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Electric bicycles are good for city use‚ but really only city use. They let you breathe less fumes‚ don’t emit much pollution‚ let you commute to work without being sweaty‚ and carry your groceries home up and down the hills without much effort. They make daily life a little more convenient without the wastefulness of a car. If you’re cycling for any other purpose‚ however‚ I would recommend against going for an electric bicycle as your only bicycle. Electric bicycles are particularly terrible
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1. Overall Inventory Turns Annual cost of goods sold (company info) average total inventory (12) 2. Raw Materials Inventory Turns (manufacturing companies only) Annual cost of raw materials purchased (3) average raw material inventory (13) 3. Work-in-Process Inventory Turns (manufacturing companies only) (Annual cost of raw materials purchased (3) + Annual cost of conversion (4)) average work in process inventory (14) 4. Finished Goods Inventory Turns Annual cost of goods sold (company
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BB 1 Baldwin Bicycle Company Objectives of Session 1. Practice in applying a comprehensive financial analysis framework to a “new business” opportunity. 2. Blending strategic marketing analysis and financial analysis. 3. Blending corporate strategy with marketing strategy This case is an excellent one for contrasting the conventional framework (Relevant Cost Analysis) with the Superior (?) framework (SCM) BB 2 1973—15 million bikes sold “bicycle boom” (Baldwin 135‚000) 1982—10 million bikes sold
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Engineering Report Recumbent Bicycle Reynolds 853 The Reynolds 853 is a steel alloy created by Reynolds Cycle Technology‚ a manufacturing company based in Birmingham‚ England. It is composed of several elements solely including iron‚ carbon‚ chrome and molybdenum but also includes silicon‚ copper and manganese. The Steel’s physical properties include a stiffness level similar to mild steel. With the addition of chrome and molybdenum the steel can be strong enough to butt or be thinned down in
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Written Case Analysis: Metric Division Case The Metric Division is a division that is currently undergoing significant change within an organization. They have recently reorganized‚ and are now responsible for an entire product line. Top management has been in place for five months and is now seeking ways to improve the working relationships within the division. Don‚ the national sales manager‚ feels that it would be very informative if all the staff members were interviewed to determine what
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The benefit of riding a bicycle There are many advantages to riding a bicycle. Firstly‚ as we all known‚ riding a bicycle is good for our health. It is really a kind of good exercise to strengthen our muscles and to decrease the chance to get disease. Almost all muscles will take movement when you are taking a bike. When you keep on riding‚ it can keep your body fit and strong. Besides‚ riding a bike is the cheapest way of travelling apart from walking. You don’t need to buy petrol or bus tickets
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