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Usimov [2.4K]
2 years ago
14

The president of a small manufacturing firm is concerned about the continual increase in manufacturing costs over the past sever

al years. The following figures provide a time series of the cost per unit for the firm's leading product over the past eight years. Click on the datafile logo to reference the data. Year Cost/Unit ($) Year Cost/Unit ($) 1 20.00 5 26.60 2 24.50 6 30.00 3 28.20 7 31.00 4 27.50 8 36.00 (a) Choose the correct time series plot. (i) (ii) (iii) (iv) What type of pattern exists in the data? (b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. If required, round your answers to two decimal places. y-intercept, b0 = 19.99 Slope, b1 = 1.77 MSE = (c) What is the average cost increase that the firm has been realizing per year? Round your interim computations and final answer to two decimal places. $ 1.77 (d) Compute an estimate of the cost/unit for next year. If required, round your answer to two decimal places. $ 35.92

Business
2 answers:
aleksklad [387]2 years ago
8 0

Answer:

b

Explanation:

luda_lava [24]2 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Shawna would like to explore a career that would allow her to work outdoors with natural resources. Which two careers would be t
Anni [7]

Answer:

The only two jobs that deal with natural resources are:

  1. oil rig driller
  2. wind turbine engineer

Oil rig drillers work in the ocean completely surrounded by water, or maybe other oil rigs but they are never too close.

Wind turbine engineers work on open spaces, surrounded by very few things other than wind turbines. Wind turbines are HUGE and they are usually located on very isolated places.

5 0
2 years ago
Suppose a Google bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 4.25%, how much is
Rom4ik [11]

Answer:

The bond is worth $2,968 today

Explanation:

In order to know "how much is the bond worth today", we need to calculate the present value (PV) of the bond.

Google bond will pay $4,500 ten years from now, it means the future value (FV) is $4,500

Tenor is 10 years

Discounting rate is 4.25% pa

PV = FV/((1+ rate)^ tenor)= $4,500/(1+4.25%)^10 = $2,968

5 0
2 years ago
An industry dominated by a few large firms, all of which struggle with product differentiation, is known as A. multi-domestic. B
denis23 [38]

Answer:

A

Explanation:

Multidomestic

Multidomestic describes a set of strategies used by companies that operate in more than one country at a time. When businesses take their operations into markets overseas, they will naturally tend to act differently than their larger competitors, many of them choosing a multidomestic strategy. A multidomestic company is a business that uses a different approach in each of the markets it operates in.

A good example of a multidomestic company is Nestlé. Nestlé uses a unique marketing strategy and sales approach for each of the markets in which it operates. They conform their products to local tastes by offering different products in different markets.

8 0
2 years ago
a simplified alternative to capitalization of net income that does not take into account bad debts or expenses is called?
mestny [16]

<u>Answer:</u>

The correct answer for this is: Gross Rent Multiplier.

<u>Explanation:</u>

The type of a simplified alternative to capitalization of net income that does not take into account bad debts or expenses is called Gross Rent Multiplier (GMR).

Gross Rent Multiplier is used to find the approximate net incomes that does not include any bad debts or expenses.

Also, it is considered as the quickest tool to estimate the values, such as of a building.

6 0
2 years ago
"Born and raised in India, Rashmi has always enjoyed Indian cooking. As a matter of fact, cooking was her passion and she always
sergejj [24]

Answer:

The correct answer is letter "A": Modify.

Explanation:

The SCAMPER approach is useful when analyzing how to implement new ideas into existing products or services. SCAMPER stands for <em>Substitute, Combine, Adapt, Modify, Put to another use, Eliminate, </em>and <em>Reverse</em>.

The Modifying function implies asking questions such as "<em>What could you add to modify this product</em>?" or "<em>What element of this product could you strengthen to create something new</em>?" which looks for spotting lacking features of products to improve them according to consumers' preference.

Thus, <em>by deciding to change the spices of Indian traditional food for less spicy ingredients to fit Americans' food habits, Rashmi is using the modifying component of the SCAMPER tool.</em>

8 0
2 years ago
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