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Kruka [31]
2 years ago
14

Baker is a product of the Baldwin company which is primarily in the Nano segment, but is also sold in another segment. Baldwin s

tarts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equal this year over last. For this question assume that all 700 of units of Baker are sold in the Nano segment. If the competitive environment remains unchanged what will be the Baker product’s demand next year (in 000’s)?
Business
1 answer:
Sindrei [870]2 years ago
5 0

Answer:

1283 is the correct answer to this question.

Explanation:

As mentioned in the question.

If the marketing team makes a 14 percent forecast,

Thus, if the business landscape remains unchanged, And the Baker product remains the same.

The Application for next year=1125(1 + 0.14)=1125 * 1.14=1282.5

The rounded demand=1283

1283 is the final answer to this question.

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Suppose the observed annual quantity of steel exchanged in the European market is 30 million metric tons, and the observed marke
VARVARA [1.3K]

Answer:

-0.10

Explanation:

To calculate this, we us the formula for calculating elasticity of demand (E) relevant for the demand equation as follow:

E = (P / Q) * (dQ / dP) .............................. (1)

Where,

Q = 30

P = 90

E = -0.3

dQ / dP = b = ?

We then substitute all the value into equation (1) and have:

-0.3 = (90 / 30)  * b

-0.3 = 3 * b

b = -0.3 /3

b = -0.10

Therefore, appropriate value for the price coefficient (b) in a linear demand function Q is  -0.10.

NB:

Although this not part of the question, but note that how the linear demand function will look can be obtained by first solving for the constant term (a) as follows:

Q = a - 0.10P

Substituting for Q and P, we can solve for a as follows:

30 = a – (0.1 * 90)

30 = a – 9

a = 30 + 9 = 39

Therefore, the linear demand equation can be stated as follows:

Q = 39 – 0.1P

5 0
2 years ago
Tamara is a Managerial Accountant at Everything New. Everything New manufactures furniture. Tamara purchased leather to be used
Murrr4er [49]

Answer:

B. Raw Materials

Explanation:

Raw materials are the basic components of manufacturing and production process in a goods manufacturing entity.  Raw Materials  are used in the production of a finished products (such as Crude Oil is a raw material for Petrol, Milk is a raw material for Yogurt, Yarn is a raw material for Garment whereas  Petrol, Yogurt and Garment are the finished products).

Keeping in view the above discussion, the leather purchased by the Tamara, to be used on some of the furniture to be manufactured by the Everything New, shall be classified as Raw Materials.

Answer is B. Raw Materials

4 0
1 year ago
Which of the following provides essential project data including objective performance status, cost impact of known problems, id
mr_godi [17]

Answer:

The correct answer is letter "B": Integrated Program Management Report (IPMR).

Explanation:

The Integrated Program Management Report (<em>IPMR</em>) is a legally authorized report containing performance details extracted from the internal Earned Value Management System of the contractor. The IPMR provides an extract on the advance of the agreement including potential problems, costs, and change in schedules.

7 0
2 years ago
Carlos works to maintain a fish hatchery. The fish hatchery provides fish to many public lakes to keep their stock levels high.
MaRussiya [10]

Answer:

B. Aquaculture

Explanation:

4 0
2 years ago
Adjust the percentages of Chris’s investments to make his portfolio with potential for high growth
Oksana_A [137]
<h2>Answer:</h2><h3><em><u>Bond: 20%</u></em></h3><h3><u><em>Mutual Fund: 15%</em></u></h3><h3><u><em>Stock: 50%</em></u></h3><h3><u><em>Savings Account: 15%</em></u></h3>

<h2>Explanation:</h2><h3><u><em>E v e r F i</em></u></h3>
3 0
2 years ago
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