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1. Estimate the demand for your vehicles using variables provided, you might also derive data from other resources and combine with the dataset. Choose the best model.
2. Forecast the demand for the "economy" vehicles in Week 30.
3. Suggest a specific rate that we should charge for the "economy" category to maximize revenue. How many vehicles do you expect to be rented at the suggested rate? Do we need to worry about increasing our fleet if we follow your demand forecast?
4. Our customers who choose to keep a car for an extra day are currently paying the same base daily rate. Do you see any potential in exploring alternative schemes? If so, what changes should we implement-shall we change the price for extra days? What considerations are involved in this decision? Provide your thoughts on this issue.
5. What other issues or news you would pay attention to adjust your price and managerial strategies?
Calculate the present discounted value of each career path at a discount rate of 5% and at a discount rate of 15%.
Assume each worker is paid $10 per hour and works a 40-hours week. How many workers should the firm hire if the price of the output is $ 10? Suppose the price of the output falls to $7.50.What do you think would be the short-run impact on the firm..
Environmentalists discuss that trade liberalization harmful for the environment. The decisions of World Trade Organization in particular have been subject of much criticism.
Want the duration of its assets to be greater than the duration of its liabilities - a positive duration gap.Want the duration of its assets to be greater than the duration of its liabilities - a negative duration gap.
Why is an M-form more likely than a U-form to be an efficient way of organizing a university and to organize the schools within it?
A government employer can demand urine samples from its employees, for testing purposes a. unless the demands are calculated to allow a determination of job fitness. b. only pursuant to a validly issued search warrant. c. at any time, for any r..
Calculate the expected utility of each project and identify the preferred project according to this criterion. (c) Is this individual risk averse, risk neutral, or risk seeking? Why?
Compare the use of open market operations, loans to financial institutions, and changes in reserve requirements to control the money supply on the basis of the following criteria: flexibility, reversibility, effectiveness, and speed of implementat..
Delineate which market participants you believe benefited from the final court decision and whose interests were harmed.
What is the component cost of the equity raised by selling new common stock? What is the maximum amount of new capital that can be raised at the lowest component cost of equity?
While sitting in your office one evening, you start to think about some of the key microeconomic messages you wish to communicate to the Board.
Develop a paper detailing an analysis of market structures and relating pricing strategies that are suitable for each of these structures. Furthermore, include a real world example of pricing strategy for a specific U.S. company by identifying its..
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