Entries by Student

write my assignment 17823

Need assistance with setting up the problems below.

JayHawks Fan Shop sells sports gears of KU. The shop sources a basketball jersey from a Texas Supplier for $10 each and sells for $25 each. We already learned that the demand is uncertain at the time of orders placed. The manager forecasts the demand of this kind of jersey is normally distributed with mean 2,000 and standard deviation of 500. We assume the leftover jerseys at the end of the season have no salvage value.

Now, we suppose Jayhawks found a reliable vendor in Kansas that can produce this kind of jersey very quickly (much shorter lead time) but at a higher price than the Texas supplier. Hence, in addition to the Texas supplier, Jayhawks can buy an unlimited quantity of additional jerseys from this Kansas vendor at $15 each after the demand is known. Suppose after the demand is known, ordering from the Texas supplier is not possible because of the long lead time. 

(a) Suppose Jayhawks orders 2,500 jerseys from the Texas supplier. What is the probability that the manager of Jayhawks will order from the Kansas supplier once the demand is known? [4 pts]

(b) Assume that Jayhawks orders 2,200 jerseys from the Texas supplier. How many jerseys should the Kansas supplier expect Jayhawks to order from it? [5 pts]

(c) Given the opportunity to order from the Kansas supplier at $15 per jersey, what order       quantity from its Texas supplier now maximizes Jayhawks’ expected profit? (Hint: Even though we have two suppliers here, the problem is still a newsvendor. Carefully think how underage and overage costs are affected by the presence of the Kansas supplier, i.e., 2nd order opportunity

 

"Not answered?"


Get the Answer

write my assignment 10467

Suppose that oil prices rose nearly 5 percent over the past week on expectations U.S. crude inventories have dropped and on signs that the world’s top oil exporters will stick to agreed output cuts that took effect last week. Assume that the Australian economy starts at the natural level of output and suppose that this is a temporary increase in the relative price of oil, lasting 3 years:

a) Using the wage-setting and price-setting diagram (explaining the intuition behind the curves), show what happens to the unemployment rate in the medium run. (4 marks)

b) In an AS-AD diagram (explaining what lies behind the aggregate supply and demand curves) explain the effect on short-run output. (4 marks)

c) Assume the central bank has a price level target, show what happens to output and the price level in the medium run. (5 marks)

d) How would your answers in (b) and (c) change for an economy experiencing the liquidity trap problem. Give an explanation for the slopes and positions of the IS-LM and AD-AS curves in the diagram. (7 marks)

 

"Not answered?"


Get the Answer

write my assignment 15442

WEB EXERCISE 8

Support Media & Direct Marketing

Focus: Chapters 13 & 14

In this exercise you will learn more about a form of marketing communications that has recently become highly popular among advertisers; I’m referring to Guerrilla Marketing. The following two links will take you to a website that has an overview and some examples of guerrilla marketing. Please read both pages carefully.

1) http://weburbanist.com/2008/07/01/what-is-guerrilla-marketing/

2) http://weburbanist.com/2008/06/19/different-types-of-guerrilla-marketing/

When you are done reading and looking at the examples, answer the following questions in the submission area within this folder. Make sure you integrate information from the website and the chapter readings into your answers. Be thorough but concise.

1. What is Guerrilla Marketing and what type of media does it use?

2. Why has Guerrilla Marketing been so successful that even big companies are incorporating it in their advertising efforts?

3. What kind of criticism has the use of Guerrilla Marketing received?

4. The second article presents many forms of guerrilla marketing, which one seems to be the most effective and less risky? Which one seems to be the most deceitful and potentially harmful to a company’s image? Briefly explain why.

5. As a marketer, would you use Guerrilla Marketing for communications objectives or sales objectives? Briefly explain why.

 

"Not answered?"


Get the Answer

write my assignment 16032

Create a 8 page essay paper that discusses Early American History.

The three-day bloodbath ended with a massive Confederate assault of Cemetery Ridge by Major General George Edward Pickett on the battle’s last day, July 3, 1863. Known as ‘Pickett’s Charge,’ the reckless action devastated the Confederate forces and caused General Robert E. Lee to offer his resignation. The enormous losses incurred by the Confederates at Gettysburg marked the beginning of the end for the South. The Union army won the battle but also incurred heavy losses causing Commander General George Meade to offer his resignation as well. While Lee was retained as commander of the South, Meade was replaced by an angered President Lincoln who appointed Ulysses S. Grant in Meade’s position. After the battle, the Southern troops limped back home while what remained of the Northern army stayed because of flooding in the area. At Gettysburg, many thousands of decomposing bodies littered the battlefield, many of which were buried in very shallow graves. According to a witness, “body parts stuck up here and there. Hogs rooted out the bodies and devoured them” (Wills, 1992 p. 21). To alleviate the gruesome situation, a national cemetery was planned so that the dead could be buried properly. The dedication of the cemetery was held before all the thousands of bodies could be buried, but it was hoped that a formal and somber ceremony would serve to change the horrific scene of butchery to a place of honor and one that displayed a more peaceful ambiance.

 

"Not answered?"


Get the Answer