Calculate the salvage revenues

Assignment Help Business Management
Reference no: EM133034844

Question 1: Consider the partial solution to Pierre Simulation that we covered in the class in the worksheet Q1. Please note the prices are different in this spreadsheet from our original example but the structure of the problem is the same.  If any loaves of bread are left over at the end of the day, the charitable kitchen will now only take up to 20 loaves at a salvage price of $1.25.  That is, Pierre can only sell up to a maximum of 20 loaves to the charitable kitchen.  If he has more than 20 loaves left over, any loaves over 20 will have to be thrown away. How would now calculate the salvage revenues in Cell F14 in the worksheet Q1? Please enter your equation directly into Cell F14.

Question 2: Consider the following probability distribution for weekly demand for a particular product that you are going to use within a simulation.  Set up the VLOOKUP table that will generate demand from this distribution.  Answer this question in the sheet labeled Q1.  Also, show the statement you will use in the simulation (in Cell A20) to generate random demand for Week 1 from this distribution. 

Demand

Probability

20

0.035

25

0.145

30

0.225

35

0.275

40

0.155

45

0.105

50

0.060

 

 

Reference no: EM133034844

Questions Cloud

Prepare general journal entries to record the transactions : Prepare general journal entries to record the above transactions and the depreciation journal entries required at January 2018, 30 June 2018
Organic farming and the food industry in swaziland : There is an increasing demand in Swaziland for Organic food. This needs to be produced using environmentally friendly farming methods; no genetically modified (
What is a scatter chart : What is a scatter chart? Where can it be used? Why is it important? Explain with an example.
What is the price and duration : What is the price (p) and duration (d) of a 6 percent coupon bond maturing in 20 years and paying interest annually if the current interest rate is 9 percent
Calculate the salvage revenues : Question 1: Consider the partial solution to Pierre Simulation that we covered in the class in the worksheet Q1. Please note the prices are different in this sp
Create a security design and security policies : Create a security design and security policies - create a security design to protect the network for your chosen organisation.
Estimate the ending balance : An investor wants to invest $300,000 in a portfolio of three mutual funds. The annual fund returns are normally distributed with a mean of 2.00% and standard de
Outline the terms auditing and penetration testing : Outline the terms auditing and penetration testing that can be used to measure a network's security - List a type of hardware that can be used for security
Business proposal-making online reviewer services : Answer the following question. ELABORATE & EXPLAIN each question in a long paragraph. Answer this just like you are one of the customers of this kind of service

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd