Practice Drawing Timelines!
Purpose: This section describes how to draw a timeline and visualizing the problem being presented. It is important because a time problem that is set up incorrectly will lead to incorrect answers. For each of the descriptions below, draw the timeline on your own.
Inserted a picture of your timeline (the picture can be a jpeg or pasted in a word document).
Criteria: Full points will be based three separate timelines attached as a picture. Your work should be original and not copied, borrowed, or obtained from another student (this would be cheating as defined by Texas Tech University and stated in the syllabus).
Consider an asset that generates $3,000 in 5 years and $5,000 in 1 year; discount rate - 6% (These are uneven cash flows- there is no pattern).
2. Consider an asset that pays $500 per year for 8 years (This is an annuity- it is the same cash flow, evenly spaced, for a finite time (it has an end)).
3. Consider an asset that pays $50 per year starting at the end of year 3 (This is a delayed perpetuity- it is the same cash flow evenly spaced forever, but does not begin until a future date).

Answers

Answer 1

Answer:

1. Since the last cash flow occurs at year 5, the timeline ends at 5th year.

2. Since the same cash flow for a finite time of 8 years, the timeline ends at 8th year.

3. The 3 dots at the end of the timeline indicates a perpetuity.

Explanation:

A timeline refers to a line that shows the timing and amount of cash flows. Therefore, we have:

1. Consider an asset that generates $3,000 in 5 years and $5,000 in 1 year; discount rate - 6% (These are uneven cash flows- there is no pattern).

Note: See number 1 in the attached photo for the timeline.

The fact that the last cash flow occurs at year 5 makes the timeline to end at 5th year.

It can also be seen in the timeline that the 6% discount rate is shown in between the previous period and the next.

2. Consider an asset that pays $500 per year for 8 years (This is an annuity- it is the same cash flow, evenly spaced, for a finite time (it has an end)).

Note: See number 2 in the attached photo for the timeline.

The fact that the same cash flow for a finite time of 8 years makes the timeline to end at 8th year.

3. Consider an asset that pays $50 per year starting at the end of year 3 (This is a delayed perpetuity- it is the same cash flow evenly spaced forever, but does not begin until a future date).

Note: See number 3 in the attached photo for the timeline.

It should be noted the 3 dots at the end of the time line indicates a perpetuity.

Practice Drawing Timelines!Purpose: This Section Describes How To Draw A Timeline And Visualizing The

Related Questions

The young woman's proposal seems to be
by company policy.

Answers

The young woman's request doesn't appear to be covered by company policy.

What is a business?

A corporate structure that is distinct from its owners legally is a company. Due to additional accounting rules and higher-level legal obligations, the business structure is more complex and has greater setup and administrative costs.

How can a firm be described as a business?

Due to the desire of its employees to create value, a business is referred to as a company.Old French, which means compaignie or companionship, is where the word "company" first appeared.

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00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]​

Answers

The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.

Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.

Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.

Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.

Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.

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The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?

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An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

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Edison Corporation's variable manufacturing overhead rate is $5.00 per direct labor-hour. Total budgeted fixed overhead is $25,000 per month. The $25,000 per month includes $7,000 in depreciation expense. Total budgeted direct labor-hours for the month of July is 20,000. Budgeted cash disbursements for manufacturing overhead for July equals ______. Multiple choice question. $125,000 $132,000 $118,000 $100,000

Answers

Answer:

$118,000

Explanation:

Calculation for what the Budgeted cash disbursements for manufacturing overhead for July equals

Using this formula

Budgeted cash disbursement for manufacturing overhead for July=Variable overhead+Fixed overhead-Non-cash depreciation expenses

Let plug in the formula

Budgeted cash disbursement for manufacturing overhead for July=(20,000 x 5.00) + 25,000 – 7,000

Budgeted cash disbursement for manufacturing overhead for July=100,000+ 25,000 – 7,000

Budgeted cash disbursement for manufacturing overhead for July=$118,000

Therefore the Budgeted cash disbursements for manufacturing overhead for July equals $118,000

palmer corp is considering the purchase of new equipment the cost savings from the equipment would result in the annual increase income after tax of 133500 the equipment will have an initial cost of 534000 and have a 7 year life is the salvage value estimated to be 9000 what is estimated to be the payback period

Answers

Answer:

Payback period= 4 years

Explanation:

The payback period is the estimated length of time in years it takes  

the net cash inflow from a project to equate the net cash the initial cost.

Where a project is expected to generate a series of equal annual net cash inflow, the payback period can be calculated as:

The initial invest /Net cash inflow per year

So the payback period for project X

= $534,000/133,500

= 4 years

Payback period= 4 years

PLEASE PLEASE HELP ME PLEASEEE

PLEASE PLEASE HELP ME PLEASEEE

Answers

Answer:

in the eyes of the buyer, a perfect supplier should always ensure its records are up-to-date.

Whether this is with regard to insurance certificates, financial performance, health and safety, environmental policy or training courses that have been completed, businesses need to make sure all information is relevant and regularly updated.

Not only does this make it easier for the supplier to keep on top of their policies and paperwork, but it also helps the buyer to make better-informed decisions.

Innovation is a key supply chain trend at present, and buyers want to see signs of this from the suppliers they work with because it could be what gives your customer an advantage.

Demonstrating to buyers that your organisation is committed to continual improvement by learning from the audit results and achieve better audit scores year-on-year, shows buyers that your organisation is continually meeting the ever increasing buyer standards. You may not be always perfect but ensuring that you have action plans in place where required will go a long way.This is also important

Excess inventory can lead to poor quality goods and degradation. If you've got high levels of excess stock, the chances are you have low inventory turnover, which means you're not turning all your stock on a regular basis. Unfortunately, excess stock that sits on warehouse shelves can begin to deteriorate and perish.Storage Capacity. Even if you don't have to rent storage space and lose additional profit, holding extra inventory is a hard task

a recent annual report of hilton worldwide holdings inc. (hlt) and marriott international inc. (mar) provided the following occupancy data for two recent years:

Answers

a) The occupancy trend for Hilton Hotels is positive. Over the year, the company increased occupancy from 72.2% to 74.6%, a 2.4% point increase.

b) The occupancy trend is favourable for Marriott International. The company improved occupancy from 71.3% to 73.3%, or a 2.0% point increase over the year.

c) Hilton Hotels

d) Average Daily price for which room night are sold.

     
Hilton Worldwide is a multinational hospitality company based in the United States that manages and franchises a diverse portfolio of hotels and resorts. Conrad Hilton established the corporation in May 1919, and Christopher J.

Hilton's headquarters are in Tysons Corner, Virginia. Its portfolio included 6,215 properties with 983,465 rooms in 118 countries.

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The complete question is given below

A recent annual report of Hilton Worldwide Holdings Inc. (HLT) and Marriott International Inc. (MAR) provided the following occupancy data for two recent years:

Year 2 Year 1

Hilton Hotels 74.6% 72.2%

Marriott International 73.3% 71.3%

Is the change in the occupancy rate favorable or unfavorable for Hilton Hotels?

Jorge has a new job in an office. Which of the following safety procedures will he most likely need to learn?​

Answers

Answer: D) How to exit safely in the event of a fire

Explanation:

Nupur Nagpal, after compleftng her M.B.A. stud es, began to help her father, Shri Bhushan Nagpal, in his business. The business with a limited capital investment, was running successfully. All the workers were happy. Nupur wanted to use the modern business techniques in every area of business, namely, purchase, sale, production, finance, etc. In fact, she wanted to implement the methods, which she had studied in her M.B.A., in her business. As soon as she started interfering in the business with her latest techniques, the workers began to protest against her. Looking at the increasing protest against herself, she became disappointed. Ultimately, she gave up her business and started working in another company. In the business such circumstances were created that even her father could not take any balanced decision. Good Workers began to leave the business. The goodwill of the business in the market went on declining. In no time, the liabilities of business became many times more than his assets. On account of the pressure exerted on him by the creditors, Mr. Nagpal cleared the debts of business by disposing of his domestic properties. Mr. Nagpal could not bear with this situation and owing to his heart failure, he died. Ultimately, the business got closed. (a)To which form of business organization is concerned the above paragraph .

Answers

The above paragraph is related to the sole proprietorship form of business organization. A sole proprietorship is a form of business organization owned and run by a single person who is the owner or the proprietor. The owner manages the business on his own and is solely responsible for the business's profits and losses.

A sole proprietorship is usually preferred by small businesses and individuals due to its ease of formation and low startup costs.

As in the given scenario, Mr. Bhushan Nagpal started the business with a limited capital investment. In a sole proprietorship, the owner has the right to make all the decisions relating to the business without any interference from other individuals.In the given paragraph, Nupur Nagpal, after completing her MBA studies, began to help her father in his business.

She wanted to use modern business techniques in every area of business to make the business grow and prosper.

However, the workers protested against her intervention, and the business started to decline.

The goodwill of the business in the market started to decline, and the liabilities of the business became many times more than his assets. On account of the pressure exerted on him by the creditors, Mr. Nagpal cleared the debts of business by disposing of his domestic properties.

Mr. Nagpal could not bear with this situation and owing to his heart failure, he died. Ultimately, the business got closed. Thus, it can be concluded that the given scenario is related to the sole proprietorship form of business organization.

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QUICK IM BEING TIMED!! AND PLS NO LINKS!!
Using the MyFico.com website (learn about scores), research what is in My Score and produce a poster or presentation on how a FICO score breaks down and what that means to the consumer.

Answers

Answer:

What? i dont understand

Explanation:

The IRS agent who audited the Form 1120 filed by Alano Inc. concluded that $300,000 of the salary that Alano paid to its CEO and sole shareholder was a constructive dividend. As a result: Multiple Choice The CEO/shareholder's taxable income increases by $300,000. Alano must distribute an additional $300,000 cash to the CEO/shareholder Alano must distribute an additional $300,000 cash to the CEO/shareholder. Alano's taxable income increases by $300,000.

Answers

Answer: Alano's taxable income increases by $300,000.

Explanation:

Constructive dividends are paid to a shareholder and classified in such a way that they are not to be seen as taxable dividends.

If during auditing however, the IRS determines that it was indeed a taxable dividend, it becomes a constructive dividend.

Constructive dividends are taxable by definition so Alano's taxable income increases by the amount of dividend of $300,000.

According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?

Answers

The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.

Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:

Evaluation of the Night-light Data Method:

Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.

Reasons for Differences between Traditional Expenditure Approach and Night-light Data:

Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.

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Maria plans to leave her estate to her brother, Juan. Juan has become Maria's

A. beneficiary
B. power of attorney
O C. executor
O D. conservator

Please help me

Answers

A is your answer hope this helps

Answer: beneficiary

Explanation: because

Write a short paragraph of two or three sentences describing the benefits of sending a cover letter along with your résumé.

Answers

Answer:

Explanation:

Most benefits of sending a cover letter along with your resume include recruiters. My and Your resume is factual, are cover letter is personal. It demonstrates your interest. Show you've done your research. Give them a taste of who you are. These are the benefits of sending in your cover letter along with your resume.

dvertisers are boosting spending on digital, social, and mobile media because of more _________ and the ability to communicate when and where consumers are making decisions.
a.
broadcast
b.
print
c.
precise targeting capabilities
d.
radio

Answers

Option (c), Due to better targeting options and the ability to identify the times and locations where consumers make decisions, advertisers are increasing their spending on digital, social, and mobile media.

Targeting strategy's significance

Targeting is important in marketing because it is a part of a full strategy. In addition to advertising, other factors that are affected include customer experience, branding, and corporate operations. If your company concentrates on target market segmentation, it can take the following steps: Address a particular group of people with your speech.

What advantages may firms get from online media?

Digital media may reach a large audience across a large geographic area, which is just one advantage of using them for marketing and advertising. Digital media's low creation costs are its second advantage for use in marketing and advertising.

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You invent of a new type of dog leash. You choose a market segmentation approach and decide to target the large national population of dog owners. After reviewing what identifies an ideal market you realize your segmentation approach does not meet any of the effective segmentation conditions. At this point you should:

Answers

Answer:

refine your approach by going back to the drawing board

Explanation:

Considering the scenario described above in the question, the best thing to do is "refine your approach by going back to the drawing board."

This will give you the chance and opportunity to look for a better plan, then find a perfect segmentation approach that really meets and satisfy all of the effective segmentation conditions.

1. A Letter of Credit (or LC) is one of the major pillars on which International Trade stands.
a) What is a Letter of Credit?
b) With the aid of a diagram, explain the LC procedure.
c) Explain to the CEO of Mbo Limited (a company in Ghana) which wants to buy large quantities of White Refined Granulated Sugar from Tiffany Anderson Group Ltd (a company in Brazil) why the LC is the most acceptable method to both the exporter and importer in a transaction such as he is about to undertake.

Answers

Answer:

Letter of Credit (LC)

a) Mbo Limited's bank can issue a letter of credit to Tiffany Anderson Group Ltd.'s bank a credit guarantee by which Mbo's bank guarantees that Mbo Limited will settle Tiffany Anderson Group Ltd in full for the amount involved in their trade relationship.  It is usually used by importers and exporters to settle trade credit.  It is the most acceptable means of settling debts across national boundaries.

b) A diagram is attached.  The procedures are detailed below:

A. A Sales Contract is established between the seller (exporter) and the buyer(importer).

B. The importer makes a request to its bank for issuance of letter of credit.

C. The importer’s bank issues a letter of credit to the exporter’s bank.

D. The exporter’s bank advises on the letter of credit to the exporter.

E. The exporter presents export documents (bill of lading and invoice) to its bank.

F. The exporter’s bank delivers the documents to the importer’s bank.

G. The importer’s bank debits the account of the importer for the stated amount after confirming that the documents are in order.

H. The importer’s bank pays the purchase price to the exporter’s bank.

I. The exporter’s bank credits the exporter’s bank to show payment.  This ends the transaction.

c. The letter of credit guarantees both the Mbo Limited and Tiffany Anderson Group Ltd.  It guarantees and ensures that payment for goods are not paid to Tiffany Anderson Group Ltd until there is evidence that the correct goods and quantity have been shipped by Tiffany Anderson Group Ltd (through the bill of lading).  It also assures Tiffany Anderson Group Ltd of payment for shipped goods since the documents cannot be released to Mbo Limited unless Mbo Limited's account had been debited and the money transmitted to Tiffany Anderson Group Ltd through its bank.

Explanation:

As above.

Discuss the principle of Acquisitions Management thoroughly. What is the most important? What do you think will become more important over the next two decades?

Answers

Is this reading ? Can you explain the question more ???????

True or false many small businesses fail every year

Answers

Answer:false

Explanation:

A set of values based on desirable workplace characteristics that include accountability, dependability, initiative taking, and accomplishment is called:

Answers

Answer:

work ethic

Explanation:

The work ethic represents the belief in ourselves to do the hard work that surely gives the benefit in future. It could be done by your character and skills & abilities.

Also it involves various attributes like, accountability, dependability, achievements, etc

Therefore according to the given situation, the work ethic is the answer and the same is to be considered

The average transaction at a single channel, single phase checkout stand can be completed in 5 minutes and customers arrive at the average rate of one every 4 minutes. On average, what is the server utilization? (Choose the closest answer.)

a. 0.25
b. 1.25
c. 0.63
d. 0.80

Answers

If the average transaction at a single channel, single phase checkout stand can be completed in 5 minutes and customers arrive at the average rate of one every 4 minutes then the server utilization is 0.8.

Are you paying for the transaction?

A transaction is a contract made between a buyer and a seller. In a transaction, the seller offers products, services, or other financial assets in return for money in the form of currency. A business's ability to generate consistent income and manage cash flow depends on its ability to conduct financial transactions.

A cash transaction is what?

A cash transaction is when you pay for something with cash right away. A few days may pass before the trade settles, yet some market stock transactions are still regarded as cash transactions. Futures contracts are not thought of as cash transactions.

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Help help help help help help

Help help help help help help

Answers

C………………………………………………………..

The Simmons’ son is deceased. When their son was in college, he took out a life insurance policy valued at $5,000, which was offered for free by the alumni association for nine months. The policy gave the option of continuing as a $25,000 policy after the initial coverage for an amount to be determined at a later date. Acceptance of the additional coverage was to be done by paying the premium, which the son did. Shortly before the policy expired, he received a letter offering him the additional coverage and stating the amount of the premium. He had been injured the day before he received the letter and died several weeks later without regaining consciousness. His lawyer later returned the premium, and the Simmons then filed for the $25,000. The insurance company refused to pay. Can the parents recover from the insurance company?

Answers

If all other parameters are assumed to be constant such as the specific terms of the policy, the cause of death, or the circumstances surrounding the payment of the premium, then yes, the parents can recover from the insurance company on the basis of the Insurance Contract which was satisfied by their son by the payment of the premium.

What is the rationale for the above response?

When approached with the lens of the legalities involved for a contract to stand, especially in insurance, note that the following terms were met:

Offer and Acceptance; and Payment of Premium.

The prompt above indicates that "Acceptance of the additional coverage was to be done by paying the premium, which the son did." So as far as the coverage of $25,000 is concerned, the parents can recover the same.

What they cannot recover is the additional coverage besides the $25,000 which was offered and which the son could not consummate by paying an additional premium.

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1 Acts (Laws passed by a government (e.g. the Parliament of South Africa) in accordance with the Constitution of
the country

Answers

Acts, also known as laws, are legislative measures that are passed by a government in accordance with the Constitution of a country.

The process of passing an Act typically involves several stages. It begins with the proposal of a bill, which is a draft law that is presented to the legislative body. The bill goes through a series of readings and debates, during which it may be amended or revised based on input from legislators and stakeholders.

Once the bill is approved by the legislative body, it is sent for further scrutiny, such as legal review and public consultation. Finally, the bill is enacted into law by receiving formal approval, usually through the signature of the head of state or a designated authority.

Acts play a crucial role in shaping the legal framework of a country. They cover a wide range of areas, including civil rights, criminal justice, taxation, environmental protection, labor regulations, healthcare, education, and many more.

Acts provide a legal basis for the functioning of government institutions, define citizens' rights and responsibilities, establish standards for public and private conduct, and promote social order and justice.

Acts are binding and enforceable, meaning that individuals and entities within a country are obligated to comply with their provisions. Violation of an Act can result in legal consequences, such as fines, penalties, or imprisonment, depending on the nature and severity of the offense.

Acts also reflect the evolving needs and values of a society. As societal perspectives change and new challenges emerge, governments may pass new Acts or amend existing ones to address these issues. Acts can be updated and repealed over time to ensure that the legal framework remains relevant and responsive to the needs of the people.

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Reducing laws and rules businesses have to follow is an example of
Question 12 options:

comparative advantage

deregulation

production possibilities

regulation

Answers

Answer:comparative advantage

Explanation:

Deregulation can be defined as a process of reducing laws and rules business have to follow to conduct their regular business activities. Therefore, the option B holds true.

What is the significance of deregulation?

Deregulation can be referred to or considered as a process of lowering the number or amount of regulations that are applicable to be followed by a person governed under such regulations. These regulations are completely binding upon the person who is being governed.

For example, when a government authority reduces the laws and rules needed to be followed by enterprises in its economy, it can be said that the government is following the process of deregulation in its economy. Deregulation may be done to promote the conduct of business activities.

Therefore, the option B holds true and states regarding the significance of the process of deregulation.

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What is market environment

Answers

Answer:

The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.

Explanation:

The internal factors relate to the company itself, such as owners, workers, materials, components, etc.

The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.

Alexander Rees is concerned about appearing knowledgeable in exporting. What are
some of the factors he mentions in the project letter?

A-Finding good coffee

B-Developing a reliable source for twizzle sticks

C-Travel costs

D-Cultural Differences and exchange rates

Answers

Alexander Rees is concerned about appearing knowledgeable in exporting. The some of the factors he mentions in the project letter are

Travel costs

Cultural Differences and exchange rates

Thus option (C) and (D) are correct.

What is a cost?

The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.

When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.

Alexander Rees is concerned about appearing knowledgeable in exporting. Travel costs and Cultural Differences and exchange are  some of the factors he mentions in the project letter.

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what do multinational corporations needs to balance when making decisions about social responsibilities?

Answers

What  multinational corporations needs to balance when making decisions about social responsibilities is conflicting interests of stakeholders .

Why is it necessary for multinational corporations to balance conflicting interests of stakeholders?

Multinational corporations  needs to balance conflicting interests of stakeholders  in their decisions most important in human rights because the stakeholders are key part in the organization.

And any decision that affect the corporation will definitely affect all the stakeholders.

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Assume yourself as a Marketing Specialist of a Company and Determine the New Product Development Process by manufacturing a New Product for your company.

Answers

Explanation:

Assuming my company produces body care products and decides to introduce a new product–a toothbrush, the development process would involve:

1. Idea Generation:

It smbegins with an idea or imagination of what the ideal toothbrush would be, what problem would it solve for consumers. The idea could be random or it could be as a result of an identified need.

2. Idea Evaluation:

Remember, it is one thing to have an idea but another to have an idea that would work. Therefore, quality time would be taken to separate workable ideas about the ideal toothbrush from bad ones. This idea evaluation process is a very useful stage in the product development process.

3. Concept Development and Testing:

Remember, testing the concept about the new toothbrush allows for an expanded idea. The prototype of the toothbrush would be tested with consumers to find out whether the idea is worth the effort. Their feedback would be noted to improve the product further.

4. Marketing strategy

5. Final Product development

Amazon is the dominant firm in the online shopping service industry, which has a total market demand given by Q = 100 – 2 P. Amazon has competition from a fringe of four small firms that produce where their individual marginal costs equal the market price. The fringe firms each have total costs given by TCi = 10 Qi + Q i 2. If Amazon’s total costs are given by TCA = 10 + 10 QA, , how much does the industry as a whole produce at this price?

Answers

The price that Amazon has to establish for their online shopping should be $20.

The Excel financial functions section includes the Price Function. It will determine the cost of a bond with a $100 face value that accrues interest on a recurring basis. The PRICE function in financial analysis can be helpful when we want to borrow money by selling bonds rather than stocks.

We have the price function as

P = 10 + 2Qi

Make Qi subject

= Qi = 0.5P - 5

4 firms with identical features

This would give us  

Qs = 4Qi

Qs = 4(0.5P -5)

Qs = 2p - 20

Q = 100 - 2p

Qa = Q - Qs

(100 - 2P) - (2P -20)

Take like terms

100 - 2p - 2p + 20

100 - 4p + 20

Qa = 120 - 4p

Make p subject

p = 120 - Qa / 4

p = 30 - 0.25Qa

TRa = p*Qa

= (30 - 0.25Qa)Qa

= 30Qa - 0.25Qa²

MRa

=  30 - 0.5Qa

TCA = 10 + 10QA

=  ΔTCA / ΔQA

= 10

30 - 0.5QA = 10

Take like terms

30 - 10 = 0.5Qa

divide through by 0.5

20/0.5 = Qa

40 = Qa

Output produced =  40.

We have P as

30 - 0.25QA

P = 30 - 0.25( *40)

= 20

Hence the price that Amazon has to establish for online shopping should be $20

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