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(a) Provide a forecast by using a 3-year weighted moving average technique with weights 4, 2, and 1 (4 = most recent). (b) Forecast sales using a 2-year moving average technique. (c ) What is the MSE from the 2-year moving average? Round answers to 3 decimal places. Wegmans Bakery produces cheesecake for sale. The bakery which operates 5 days per week and 52 weeks per year can produce cake at the rate of 40 cakes per day. The bakery sets ...
Theoretical Analysis of the Economic Impact of Immigration Topic 1: The US federal government shut down from December 22, 2018 to January 25, 2019 (35 days, longest shutdown in US history) due to the disagreement on funding a physical wall at US southern border. The White House request 5 billion while Democrats refused to provide any more than the 1.3 billion for general border security. The fundamental problem behind the impasse on the bor...
MethodologyA contractor operates a rock crusher and stores the material until needed in an adjacent stockpile area. The stockpile area is unpaved, and some of the stockpiled aggregate is contaminated by the sub-grade and cannot be used. The estimated stockpile losses are shown in the Table 1. This equates to a combined loss of 8% each year. Current Stockpile Losses Material Size Loss ¼? minus 12% – 20% ¾? minus & &fr...
Project options and overviewThe project will provide students with an opportunity to investigate the economic value of players using game statistics and payroll information. The project has three options. Please choose ONE option. 1. Choose one team-season from the Major League Baseball Association, download player statistics of a recent season from Baseball Reference like in the Week 9 Tutorial exam- ple. Use the Scully-Blass approach of Measur...
Be sure to leave the prompt questions in place and enter your responses beneath each question. If you are a Mac user, be CERTAIN that I can open the file you submit on a PC. Make sure you use our naming convention used throughout the course. If I were to submit this paper, I would “save as” Li Reflection. Clearly, you would insert your own last name. Delete this instruction page when submitting. This reflective paper is worth 50 p...
Investment Decision (9 points)1. Investment Decision (9 points) Suppose a business owner is trying to decide whether to invest in a new piece of machinery. The machine costs $300,000, and it is expected to generate revenue of $400,000. Complete all two parts (a-b). a. Solve for the expected rate of return on this machine.b.If the interest rate the business owner has to pay is 30%, will the business owner buy this machine? 2. ...
Is economic development and economic growth enough to explain well-being?Here is a list of potential topics you may consider for the preparation of your critical literature review. The following list of topics is purely indicative. You might opt for one of them or select another one of your own choice. If so, please state very clearly which is your own selectedtopic at the very beginning of your critical literature review output file. Some ...
InstructionsYou should attempt to answer ALL parts of all questions in the exercises below. You may write rather than type your answers and scan it. However, it is important that your answers are neat and legible. You may lose marks if your answers are difficult to read. When you draw a graph, make sure that the graph is neat, clear, and clearly labelled. If you type your assessment, you can insert graphs as pictures in your document. Thi...
Background on Thomas Malthus and the Classical Economics FrameworkThomas Malthus was a Church of England Clergyman and a graduate of mathematics who is most associated with contributions to the Classical Economics framework. In his work “An Essay on the Principle of Population”, Malthus postulated that “Population, when unchecked, increases in a geometrical ratio. Subsistence increases only in an arithmetical ratio. A slight ...
Introduction of the FirmSuccessful Term Paper Goal / Objective I: Prepare a 8-to-15 page term paper concerning a firm of your choice. The main objective is to reveal how microeconomic concepts will impact the firm. You may pick a large or small firm. You may pick a for-profit or non-profit entity – it really doesn’t matter. Just make sure you have a good understanding of the firm in terms of their products, ...
Part-I Microeconomics (50 marks)1. Consider the residential property market (i.e. buyers and sellers of houses) in Dublin, and the mortgage market for those properties.  A. Describe and explain the type of market structure in which mortgage suppliers operate, including a critical characterisation of the key underlying market characteristics/assumptions. (20 marks)  B. Two lenders announced that they wil...
Task You will continue working with the country or province you have been researching for your micro assignment posts. You will utilize the same data (with any corrections suggested during the course) to create a country portfolio. It will be helpful to view the portfolio from the point of view of a Canadian firm wishing to do business in your selected country. Given the unique circumstances of the time in which we are living (...
Understanding the Three Types of Price DiscriminationExplain the different types of price discrimination. Then identify a real-world example of price discrimination (preferably not one from the unit lesson), and explain which type of price discrimination it is. Next, using the good from your own chosen price discrimination as an example, illustrate how the good fits the criteria necessary for successful price discrimination. Finally, discuss h...
Question 1: Ultimatum GameSuppose two players are asked to split £1000 in a way that is agreeable to both. Suppose Ayo is the one that splits the £1000 and Silvie is the one who decides to accept or reject. For instance, if Ayo says £200, they are offering Silvie a split of the £1000 that gives £800 to Ayo and £200&Acir...
Background of IOI Corporation Berhad and its Indonesian venturesIOI Corporation Berhad is optimistic that its Indonesia’s ventures will begin contributing significantly to the group within the short to medium term, especially on the back of the recent inauguration of the country’s new president Joko Widodo. The fully-integrated upstream and downstream player in the palm oil industry currently has 89 estates totaling 174,061ha, wit...
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