Elizabeth Burke has asked you to do some preliminary analysis of the data in the Performance Lawn Equipment database.
First, she would like you to edit the worksheets Dealer Satisfaction and End-User Satisfaction to display the total number of responses to each level of the survey scale across all regions for each year.
Second, she wants a count of the number of failures in the worksheet Mower Test.
Next, Elizabeth has provided you with prices for PLE products for the past 5 years:
Year
Mower Price ($)
Tractor Price ($)
2010
150
3,250
2011
175
3,400
2012
180
3,600
2013
185
3,700
2014
190
3,800
Create a new worksheet in the database to compute gross revenues by month and region, as well as worldwide totals, for each product using the data in Mower Unit Sales and Tractor Unit Sales.
Finally, she wants to know the market share for each product and region based on the PLE and industry sales data in the database.
Create and save these calculations in a new worksheet. Summarize all your findings in a report to Ms. Burke.
.
Assignment 3:
PLE originally produced lawn mowers, but a significant portion of sales volume over recent years has come from the growing small-tractor market. As we noted in Module 2, PLE sells their products worldwide, with sales regions including North America, South America, Europe, and the Pacific Rim.
Three years ago a new region was opened to serve China, where a booming market for small tractors has been established. PLE has always emphasized quality and considers the quality it builds into its products as its primary selling point. In the past 2 years, PLE has also emphasized the ease of use of their products.
Before digging into the details of operations, Elizabeth Burke wants to gain an overview of PLE’s overall business performance and market position by examining the information provided in the database.
Specifically, she is asking you to construct appropriate charts for the data in the following worksheets and summarize your conclusions from analysis of these charts.
Dealer Satisfaction
End-User Satisfaction
Complaints
Mower Unit Sales
Tractor Unit Sales
On-Time Delivery
Defects after Delivery
Response Time
Answers
The Performance Lawn Equipment database contains information about dealer and end-user satisfaction, mower and tractor sales, and other business performance metrics.
The worksheet Dealer Satisfaction and End-User Satisfaction should be edited to display the total number of responses to each level of the survey scale across all regions for each year. Additionally, the number of failures in the Mower Test worksheet should be counted. A new worksheet should be created to compute gross revenues by month and region for each product, as well as worldwide totals. Finally, the market share for each product and region should be calculated based on PLE and industry sales data in the database. The charts for the data in Dealer Satisfaction, End-User Satisfaction, Complaints, Mower Unit Sales, Tractor Unit Sales, On-Time Delivery, Defects after Delivery, and Response Time should be constructed to provide an overview of PLE's business performance and market position. Based on analysis of these charts, it can be concluded that PLE has emphasized quality and ease of use in recent years, and has expanded into the growing small-tractor market. The company should focus on maintaining high levels of customer satisfaction, reducing the number of defects after delivery, and improving response time to customer complaints to continue to grow and succeed in the competitive global marketplace.
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Related Questions
ally, paul, and annie each like to take fencing lessons. the price of a fencing lesson is $10. ally values a fencing lesson at $15, paul at $13, and annie at $11. suppose that if the government taxes fencing lessons at 50 cents each, the price rises to $10.50. a consequence of the tax is that consumer surplus shrinks by
Answers
To find out how much the consumer surplus shrinks due to the tax on fencing lessons, we need to calculate the consumer surplus before and after the tax.
Consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay. In this case, the consumer surplus is the difference between the value each person places on the fencing lesson and the price they actually pay. Before the tax, the price of a fencing lesson is $10. Ally values the lesson at $15, so her consumer surplus is $15 - $10 = $5.
Paul values the lesson at $13, so his consumer surplus is $13 - $10 = $3. Annie values the lesson at $11, so her consumer surplus is $11 - $10 = $1. After the tax, the price of a fencing lesson is $10.50. Ally's consumer surplus is now $15 - $10.50 = $4.50. Paul's consumer surplus is now $13 - $10.50 = $2.50. Annie's consumer surplus is now $11 - $10.50 = $0.50. To find out the overall shrinkage in consumer surplus, we need to calculate the difference between the total consumer surplus before and after the tax.
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The consumer surplus shrinks by $1.50 as a consequence of the tax on fencing lessons.
Explanation :
When the government imposes a tax on fencing lessons, the price of each lesson increases by 50 cents to $10.50. To understand the effect on consumer surplus, we need to compare the initial surplus to the new surplus after the tax.
To calculate the initial consumer surplus, we can subtract the total amount paid by consumers from the total value they place on the fencing lessons. Ally values the lesson at $15, Paul at $13, and Annie at $11. Since the price is $10, the initial consumer surplus is $15 + $13 + $11 - ($10 * 3) = $30.
After the tax, the price increases to $10.50. Now, the consumer surplus is $15 + $13 + $11 - ($10.50 * 3) = $28.50.
To find the change in consumer surplus, we subtract the new surplus from the initial surplus: $30 - $28.50 = $1.50.
In summary, the consumer surplus shrinks by $1.50 when the government taxes fencing lessons at 50 cents each.
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All of the following questions should be asked when performing a VRIO analysis except
Multiple Choice
is the resource or capability currently controlled by only a few firms or no other firms?
is the firm organized to exploit the resource or capability?
is the resource or capability valuable?
is the resource or capability popular?
is the resource or capability costly for other firms to imitate?
Answers
The VRIO framework was constructed using the values of rarity, organisation, imitability, and value. Durability is not a concern with the VRIO framework.
What is VRIO framework?Value, rarity, imitability, and organisation are the four characteristics that make up the acronym VRIO framework, and they are used to assess a company's resources and skills. Jay Barney created the VRIO framework for business analysis in 1991. It is a component of a company's bigger strategic plan. The fundamental strategy process followed by each company starts with a vision statement and includes objectives, internal and external analysis, strategic decisions, and strategic implementation. Organizations classify their resources according to whether they possess certain characteristics listed in the framework using the internal analysis tool known as VRIO Analysis. Organizations can then identify the corporate assets that give them a competitive edge thanks to this categorisation.
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Can someone PLEASE PLEASE HELP ME WITH THIS!!!!!
Answers
Answer:
1. Consumer.
2. Producer.
3. Transportation.
4. Marketing.
5. Harvesting.
6. Processing.
7. Retail/food service.
Explanation:
Food supply continuum can be defined as a cycle of how livestock (animal products) moves from the producer to the consumers. The main goal of the food supply continuum is to safely provide quality animal products to the consumers.
Basically, the seven (7) steps or segments in the food supply continuum include the following;
1. The segment which is responsible for safe handling of the animal product (beef, pork, lamb) in their homes is the consumer.
2. The producer is responsible for raising a healthy animal.
3. The segment which carries the animal from the farm to the market is transportation.
4. The segment which sells the animal to the packer is marketing.
5. The segment which harvests the animal is harvesting. It involves the slaughtering of the animal.
6. The segment which processes the carcasses into retail cuts is processing.
7. The segment which involves a negotiator is the retail/food service.
What are the techniques for successful change management as identified by Bernard Chester (2005)
Answers
Bernard Chester (2005) identified several techniques for successful change management. Here are some of them:
1. Communicate the need for change: Clear and effective communication is crucial to gain support and understanding from employees. Leaders should articulate the reasons for change, the benefits, and the expected outcomes.
2. Create a compelling vision: A clear vision of the future state helps employees understand the purpose of the change and motivates them to embrace it. The vision should be inspiring, realistic, and aligned with organizational goals.
3. Develop a change management team: Forming a dedicated team responsible for managing the change process can provide expertise, guidance, and support to employees. This team should include individuals from different departments and levels of the organization.
4. Engage and involve employees: Actively involving employees in the change process helps foster ownership and commitment. Seek input, listen to concerns, and involve employees in decision-making whenever possible.
5. Provide training and support: Change often requires employees to acquire new skills or adjust their roles. Offer training programs, coaching, and ongoing support to help employees adapt to the changes successfully.
6. Monitor progress and celebrate milestones: Regularly track the progress of the change initiative and celebrate achievements along the way. Recognizing milestones and rewarding employees' efforts can boost morale and maintain momentum.
7. Address resistance and manage setbacks: Anticipate and address resistance to change by identifying potential obstacles and developing strategies to overcome them. Actively manage setbacks, learn from them, and make necessary adjustments to keep the change process on track.
8. Continuously communicate and reinforce: Change is an ongoing process, and communication should be continuous. Regularly communicate updates, address concerns, and reinforce the vision and benefits of the change to sustain engagement and commitment.
These techniques provide a framework for managing change effectively, but it's important to adapt them to the specific context and needs of the organization. Flexibility, open-mindedness, and a focus on employee engagement are key to successful change management.
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A real estate broker has a computerized loan origination (CLO) terminal in her office. Because there are more than a dozen lending institutions in the city, the broker has found that the CLO greatly streamlines the application process for her clients. She sits down at the terminal with a homebuyer and these three events take place:
1. The broker explains that there is a fee for using the terminal of one-half point, based on the loan amount, and that the homebuyer may choose to finance the fee.
2. The broker explains only the different kinds of services offered by the two local lenders who pay her a monthly screen fee to be included on the CLO system.
3. The broker helps the homeowner answer the on-screen qualification questions.
Which of these events is an improper use of a CLO system?
a. 1 only
b. 2 only
c. 2 and 3
d. 1
Answers
Answer:
d because d is the best answe
This photo shows a label that appears on food products in the United States.
Answers
"Regulation by an administrative body," Although a picture isn't offered, I was able to get one online.
An example of regulation would be nice.
In order to regulate how things are done and how people behave, governments and other authorities make regulations. By applying the new legislation, employers are forcing those over 65 out of work. Pressure from the American government forced manufacturers like Fiat and others to adhere to the new safety standards.
either being regulated or the process of being regulated. Specifically: a rule or order issued by a government agency that frequently has legal effect; also see Administrative Procedure Act.
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_________ represent the fastest-growing sector of the global economy and account for two-thirds of global output, one-third of global employment, and nearly 20% of global trade.
A.Services
B.Pure tangible goods
C.Luxury products
D.Technology products
E.Food products
Answers
Services represent the fastest-growing sector of the global economy and account for two-thirds of global output, one-third of global employment, and nearly 20% of global trade.What are services?Services can be classified as anything from a hair salon or retail shop to a hospital or a warehouse.
Services are acts that are performed for customers, while products are items that customers purchase. Services are intangible, meaning that they cannot be touched, tasted, or seen. They are often referred to as “work-for-hire” or “performance-for-hire” services, as they are provided by someone else for a fee. Services are important to the global economy, as they account for a significant portion of GDP (Gross Domestic Product).
Why are services the fastest-growing sector of the global economy?Services are the fastest-growing sector of the global economy for a number of reasons. First, the world’s population is growing at an unprecedented rate, which has led to an increase in demand for services. Finally, services are often more sustainable than traditional manufacturing industries, as they are less resource-intensive and produce less waste.
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for most written business communications, the first consideration should be to
Answers
For most written business communications, the first consideration should be to understand your audience and purpose.
This means taking into account who you are writing to, what their needs and interests are, and what you want to accomplish through the communication. Tailoring your message to fit your audience and purpose will help ensure that your message is clear, concise, and effective. Additionally, paying attention to the tone and style of your writing can also help convey the appropriate message and impression.
By considering these factors, you can create written communications that effectively convey your message and achieve your desired outcome.
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Arthur mailed an ad to his customers stating, "You can now get a 50% discount on shoes at Arthur’s Shoe Store." In business communication, what is most likely the primary purpose of this message?
to cement a good relationship between the sender and the receiver
to build a good image of the sender
to reduce or eliminate future messages on the same subject
to have the receiver view the information positively
Answers
The primary purpose of the message is d. to have the receiver view the information positively, as the message is advertising a discount on shoes and the aim is likely to increase sales by attracting customers with the offer of a discount.
The purpose of the message in business communication is to inform the receiver about a product or service and to persuade them to take some action, such as making a purchase. In this case, the message is promoting a discount on shoes at Arthur's Shoe Store, and the goal is to encourage customers to visit the store and take advantage of the discount.
By offering a discount, the sender hopes to have the receiver view the information positively and consider making a purchase, thereby increasing sales for the store.
The message is not primarily meant to build a good image of the sender, although that may be a secondary effect. It is also not primarily meant to cement a good relationship between the sender and receiver, or to reduce or eliminate future messages on the same subject, although these outcomes may also occur as a result of the message.
The main focus of the message is to have the receiver view the information positively and consider making a purchase.
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What should you NEVER do even if the email looks legitimate?
O Go directly to the website referenced by a link in the email
message.
O Delete the email message without reading it completely.
O Click a link in the email and then enter personal information
O Click a link in the email message and read information.
Answers
If the website is actually fake it can steal your information and use it for whatever they want
if larry uses the rational rule for employers, how many workers will he hire? group of answer choices one two three four
Answers
Larry will hire the number of workers that he needs to complete the job he has been assigned. The rational rule for employers suggests that Larry should hire the least number of workers that can complete the task in the most efficient manner.
This means that Larry should only hire the number of workers that he needs to complete the job, no more or no less. For example, if the job requires three workers, then Larry should hire three workers. If the job requires only one worker, then Larry should hire only one worker.
The rational rule for employers encourages employers to consider the type of job they have and the number of workers they need in order to complete the job in a timely and cost-efficient manner.
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the evaluations of financial information through analysis of plausible relationships among financial and nonfinancial data is the definition of question content area bottom part 1 a. tests of balances. b. auditing. c. tests of transactions. d. analytical procedures.
Answers
The evaluations of financial information through analysis of plausible relationships among financial and nonfinancial data is the definition of d. analytical procedures.
Analytical procedures involve the evaluation of financial information by analyzing plausible relationships among financial and nonfinancial data. These procedures are used to identify fluctuations or anomalies that may indicate potential misstatements or fraud, and they can be performed both in planning and during the course of an audit.
The other options, are a. tests of balances, b. auditing, and c. tests of transactions, are not directly related to the definition provided.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
Answers
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Why is a brand important to a business?
Answers
A cylindrical can that has a capacity of 20 m3 will be made. The metal used to build the top costs $10 per square meter while the bottom costs $20 per square meter. The material used for the side costs $15 per square meter. What are the dimensions that will minimize the cost?.
Answers
The dimensions of the cylinder can be used to minimise cost of manufacture.
How to we find minimised cost?Let's ignore the metal's thickness and assume that the material cost to manufacture is precisely proportionate to the surface area of a perfect cylinder.
A=2πr(r+h)
Given that V=1000=r2h and h=1000=r2, we can write
A=2πr(r+1000πr2)
A=2πr2+2000r−1
By setting the derivative to zero, we may determine the value of r that minimises A:
A′=4πr−2000r−2
0=4πr−2000r−2
2000r−2=4πr
2000=4πr3
r=500π−−−√3
r=5.419 + cm
h=1000πr2=10.838 + cm
The can with the smallest surface area has a volume of 1000 cm 3 and measures 5.419+ cm in radius and 10.838+ cm in height. The can has a surface area of 553.58 cm 2. Given a constant volume, the cylinder with diameter equal to height has the least surface area.
Can surface area (cm2) versus. radius (cm), where capacity = 1000cm 3.
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You estimate your annual revenue to be 50,000 + 20,000y, where y is the number of years in business. What is your estimated revenue in 5 years?
Answers
Answer:
D.) 150,000
Explanation:
Multiply 20,000 by 5 =100,00 then add 50,000
Question 2 of 40
What does the 'P' in the acronym PEST stand for?
A. Price
B. Political
C. Promotion
O D. Positive
SUBN
Answers
Answer:
The answer would be B. Political.
Explanation:
PEST Analysis (Political, Economic, Social, and Technological) is a management method whereby an organization can assess major external factors that influence its operation in order to become more competitive in the market. As described by the acronym, those four areas are central to this model.
The 'P' in the acronym PEST stands for political. The correct option is B. Political, Economic, Social, and Technological analysis is known as PEST analysis. This kind of analysis is used to evaluate outside variables that might affect a company's profitability.
What is political in PEST analysis?The threats and weaknesses used in a SWOT analysis are found using a PESTEL analysis. Political factors include government leadership, change, and policies related to foreign trade, as well as internal political issues and trends, tax policy, and trends in regulation and deregulation.
A measurement tool called PEST Analysis is used to evaluate markets for a specific product or industry over a specific period of time. Political, Economic, Social, and Technological (PEST) factors Organizations can make better business decisions after these factors are analyzed.
Thus, the ideal selection is option B.
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Marsha wants to set up an irrevocable trust for her son. Which is she not able
to do after the trust is set up?
Answers
Answer:
irrevocable trust means that no one can get to the trust
5. Which of the following defines a short-term goal? (1 point) Otasks that you set to accomplish specific things in a short period of time Otasks that must be completed for a job performance evaluation Otasks that you must complete that require time and planning that usually take 12 months or more to complete Otasks that you think you need to accomplish in the future but need to start working on now
Answers
A short-term goal is defined as: A. tasks that you set to accomplish specific things in a short period of time.
What is a Short-Term Goal?A short-term goal is a specific and achievable task or objective that a person sets out to accomplish within a relatively short period of time, usually less than a year.
These goals are intended to be completed quickly, helping individuals to move closer towards their long-term aspirations and provide a sense of progress and accomplishment. Short-term goals are often the building blocks towards larger, more significant achievements, and can help individuals stay motivated and focused on their overall objectives.
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EXAMPLE 1: invests $500 at a simple
interest rate of 6%. How much interest will he earn in
one month? In six months? In one year?
Answers
Six months: $180
One year: $360
In the late 1990s, travel companies adopted a new business model in which they sold tickets via the web, and buses did not run off a terminal but a street corner. there were about fifteen such carriers in the northeast itself, and boltbus had not been launched as yet. this indicates that boltbus did not _____.
Answers
Answer:
Possess a first-mover advantage
Explanation:
The first mover is the maiden product or service to enter a market space that achieves relative competitive advantage compared to later entrants into the market due to the product or service being the first established product or service. Such products or markets that open up a market tend to a stronger brand and a deeper rooted business model as well as more customers loyalty than the later products that sought more market.
How does business generate income?
Answers
Hai!
This depends on the Type of Business.
If it is a Selling Business, they sell stuff to Earn Profit.
If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.
How many publications are related to green nanoparticles?
Answers
Answer:
If you mean nanoparticles for environmental applications then let's see…
2018, more than 166,000 articles related to nanotechnology were published, indicating an increase of more than 7% compared to the corresponding period last year.
No specific category for the environment is disclosed. However, I would say at least 3/4 are related to climate change or environmental
which of the following are advantages of using national credit cards? (check all that apply.) multiple select question. avoid lengthy cash collection periods allows for an increase in the selling price no fees other than the cost of bad checks reduction of bad debts expense
Answers
There are several advantages to using national credit cards. These include avoiding lengthy cash collection periods, reducing bad debt expenses, and potentially increasing the selling price. When businesses use national credit cards, they don't have to worry about waiting for customers to pay in cash or by check.
This means they can access their money faster and without having to spend time or resources collecting payments. Additionally, when customers use credit cards, they are more likely to make purchases since they can spread out the cost over time. This can help increase sales and potentially allow businesses to raise their prices slightly to account for the convenience factor. Finally, credit card transactions are generally less risky than checks since there is less chance of them bouncing or being fraudulent.
This means that businesses can save money on bad debt expenses by relying on credit card transactions instead of checks.
In summary, national credit cards can provide many advantages for businesses, including faster access to funds, increased sales, and reduced risk of bad debt.
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Help ASAP!!!! What is the most-possible answer?
Answers
Answer:
Community and junior colleges.
Explanation:
I don't know if im too correct but if i am, mark me brainliest?:)
Answer:
D - Collages
Explanation:
That is the only thing I know that gives degrees
If my revenue is 1,000,000 and my expenses are 1,386,000 whats my profit in percentage
Answers
The answer is -27.85%
1,000,000-1,386,000 = -386,000
-386,000/1,000,000*100 = -27.85%
f prices are inflexible, then a negative demand shock will lead to Group of answer choices a short-run decrease in prices. no change in prices a short-run increase in real GDP. a short-run decrease in real GDP.
Answers
Answer:
A short-run decrease in real GDP.
Explanation:
A short-run decrease in real GDP.
The last option is correct because the prices are inflexible which means an increase or decrease in quantity will have no effect on the prices. So, the negative demand shock( means a sudden decrease in quantity) will not affect the price but it will decrease the real GDP because the demand curve will shift leftwards.
The owner of a chicken processing plant makes $1,000,000 per year from his chicken processing plant, and $1,000,000 per year from other sources. He notices that a total of $30,000 worth of chickens per year are being taken home by his 100 employees to supplement their minimum wage living standards (this works out to less than $6 per week per employee). These chickens are being taken out through the fire safety doors, so the owner is considering blocking the doors permanently. This is against the law because any reasonable person knows that sealing fire doors kills people in the event of a fire. The probability of a fire is 0.01 per year (one percent per year). If a fire breaks out it will be discovered that the owner sealed the safety doors, and the owner will have to pay $F = 700, 000 worth of fines and legal fees. The owner's von NeumannMorgenstern utility function is u(x) = √x where x is the owner's income in a given year. The owner cares only about x.
Answers
Answer:
1. 1,403.567
2. 1,411.473
3. Algebraic expression 0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05
4. 1,877,600
5. 1411.761
Explanation:
1. Computation for the owner’s expected utility if he leaves the fire doors unsealed.
First step is to calculate the Owner's income if he leaves the doors unsealed
Owner's income if he leaves the doors unsealed=1,000,000 +1,000,000-30,000
Owner's income if he leaves the doors unsealed=1,970,000
Now let determine the expected utility if he leaves the doors unsealed
Expected utility=1,970,000^0.5
Expected utility=1,403.567
Therefore the expected utility if he leaves the doors unsealed will be 1,403.567
2. Calculation to determine the owner’s expected utility if he permanently seals the doors
First step is to calculate the The Owner's expected income if he seals the door
Owner's expected income if he seals the door=1,000,000 +1,000,000-700,000*0.01
Owner's expected income if he seals the door= 1,993,000
Now let calculate the Expected utility if he leaves the doors sealed
Expected utility if he leaves the doors sealed= 0.99*2,000,000^0.5+0.01*1,300,000^0.05
Expected utility if he leaves the doors sealed=1,411.473
Therefore The Expected utility if he leaves the doors sealed is 1,411.473
3. Calculation to determine the algebraic expression for the owner’s expected utility as a function
First step is to calculate the The owner's expected income with a fine F
Owner's expected income with a fine F= 1,000,000 +1,000,000-F*0.01
Owner's expected income with a fine F = 2,000,000-0.01F
Now let determine The algebraic expression for the owner's expected utility if he seals the door with a fine F
Algebraic expression= 0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05
Therefore The Algebraic expression is 0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05
4. Calculation to solve for the minimal fines and legal fees that will make the owner decide not to seal the doors using the expression from the previous problem and the owner’s expected utility if he leaves the fire doors unsealed
Based on the information given the owner may decide that he won't seal the door In a situation where the expected utility from sealing is as well equal to the expected utility from not sealing the door which was Calculated as:
0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05=1403.567
Now let calculate Fines and legal fees
Fines and legal fees=(2,000,000-F)^0.05=100(3.49857)= 349.857
Fines and legal fees=2,000,000-349.857^2=1,877,600
Therefore based on the above calculation in a situation were the Fines as well as the legal fees are equal to or higher than F=1,877,600 which means that the owner may decide not to seal the doors.
5. Calculation to Find the C that gives the plant owner complete coverage
First step is to calculate the owner expected utility will in a situation were the owner contributes $C to state politicians
Expected utility= 0.99*(2,000,000-C)^0.5+0.01*(1,300,000+100C)^0.05
Second step is to calculate the The plant owner complete coverage when 100C=700,000
Plant owner complete coverage=700,000/100
C=7000
Third step is to calculate what the owner will likely make this contribution if the expected utility is:
0.99*(2,000,000-C)^0.5+0.01*(1,300,000+100C)^0.05 is greater than 0.99*2,000,000^0.5+0.01*1,300,000^0.05
=1411.473
Hence,
0.99*(1,993,000)^0.5+0.01*(2,000,000)^0.05= 1411.761
Therefore the owner expected utility in a situation were the owner contributes $C to state politicians is 1411.761
What are the 4 stages of conflict?
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Conflict Stages are No conflict, Latent conflict., Emergence, Escalation (Hurting) Stalemate, De-Escalation, Settlement/Resolution, Post-Conflict Peacebuilding and Reconciliation.
Is the fourth stage of struggle stages?The most oftentimes frequent mannequin of the warfare system was once developed by using Kenneth Thomas (1976). This model, consists of 4 stages: (1) frustration, (2) conceptualization, (3) behavior, and (4) outcome.
What is a war Grade 4?A battle is a disagreement between people. Conflict occurs when two people or businesses of human beings see matters in another way or desire different matters to happen. It also occurs when people try to settle things in specific ways.
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https://brainly.com/question/26083560#SPJ4Every year, harini receives a check from the company in which she owns stock. what is the name for these periodic distributions of profits to investors?
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It is dividends.
What is a Dividend?A dividend is the distribution of a company's earnings to its shareholders. This is determined by the company's board of directors. Dividends are usually distributed every three months and may be paid out in cash or reinvested in additional stock. Dividend yield is the dividend per share expressed as dividend/price as a percentage of the company's share price, e.g. 2.5%.Common shareholders of dividend-paying companies are eligible to receive a distribution as long as they own the stock before the ex-dividend date.A dividend is a payment of corporate earnings to shareholders who meet certain qualifications. The amount and frequency of dividend payments is determined by the company's board of directors.To learn more about Dividends from the given link
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