Author: chris

Consumer Demand Analysis and Estimation Applied Problems

 

Please complete the following two applied problems:

 

Problem 1:

 

Patricia is researching venues for a restaurant business. She is evaluating three major attributes that she considers important in her choice: taste, location, and price. The value she places on each attribute, however, differs according to what type of restaurant she is going to start. If she opens a restaurant in a suburban area of Los Angeles, then taste is the most important attribute, three times as important as location, and two times as important as price. If she opens a restaurant in the Los Angeles metropolitan area, then location becomes three times as important as taste and two times as important as price.

She is considering two venues, respectively, a steak restaurant and a pizza restaurant, both of which are priced the same. She has rated each attribute on a scale of 1 to 100 for each of the two different types of restaurants.

 

Steak Restaurant

Pizza Restaurant

	Steak Restaurant	Pizza Restaurant
Taste Location Price	80 55 65	70 80 50

 

Show all of your calculations and processes. Describe your answer for each question in complete sentences.

 

Which of the two options should Patricia pursue if she wants to open a restaurant in a suburban area of Los Angeles?

Calculate the total expected utility from each restaurant option and compare.

Graph is not required. Describe your answer, and show your calculations.

 

Which of the two options should she pick if she plans to open a restaurant in the Los Angeles metropolitan area?

Describe your answer, and show your calculations.

 

Which option should she pursue if the probability of finding a restaurant venue in a suburban area can be reliably estimated as 0.7 and in a metropolitan area as 0.3? Describe your reasoning and show your calculations.

 

Provide a description of a scenario in which this kind of decision between two choices, based on weighing their underlying attributes, applies in the “real-world” business setting.

Furthermore, what are the benefits and drawbacks, if any, to this method of decision making?

 

Problem 2

The demand function for Newton’s Donuts has been estimated as follows:

Qx = -14 – 54Px + 45Py + 0.62Ax

where Qx represents thousands of donuts; Px is the price per donut; Py is the average price per donut of other brands of donuts; and Ax represents thousands of dollars spent on advertising Newton’s Donuts. The current values of the independent variables are Ax=120, Px=0.95, and Py=0.64.

 

Show all of your calculations and processes.

Describe your answer for each question in complete sentences, whenever it is necessary.

 

Calculate the price elasticity of demand for Newton’s Donuts and describe what it means. Describe your answer and show your calculations.

 

Derive an expression for the inverse demand curve for Newton’s Donuts. Describe your answer and show your calculations.

 

If the cost of producing Newton’s Donuts is constant at $0.15 per donut, should they reduce the price and thereafter, sell more donuts (assuming profit maximization is the company’s goal)?

 

 

Should Newton’s Donuts spend more on advertising?

 

Required Text

 

Douglas, E. (2012). Managerial Economics (1st ed.). San Diego, CA: Bridgepoint Education.

In the Working Ahead section in Modules 1, 2, and 3, you were informed to collect items to be recycled and log a journal of these items. You were also instructed to select either Module 2 or Module 3 to collect these items.

Your assignment in this module is to submit your weeklong Recycling Journal, along with an analysis of your recycling efforts and an examination of the recycling process.

Be sure to examine what you have recycled in your chosen week and estimate how many grocery sacks of material you recycled—try to estimate the size. Results showing who recycled the most material will be posted by your facilitator in Module 5.

For this assignment, complete the following:

Part 1

Review your Recycling Journal for the week you selected. Write a report that covers the next two parts of this assignment.

Part 2

Based on what you identified as recyclable in one week and using this data, estimate how much garbage your entire locality or city could prevent sending to the landfill. Include the following:

• What is the total population of your community? You may use reliable Internet resources to identify this information.
• If everyone in your community recycled as much trash as you did for one week, how much garbage could your area recycle? To calculate this number, you can use your number and multiply it by the number of people in your community.
• How much trash could your community save in a year? To calculate this number, multiply the weekly estimate for your community by the number of weeks in a year.
• Do you think your community recycles enough? How can the US Government place more importance on recycling?

Part 3

Examine the process of recycling. Include the following:

• Explain how recycled material is reused.
• Describe what happens to recycled cans, bottles, and newspapers after they go to the recycling bin.
• Examine the impact you have on creating renewed resources from these recycled items.

Support your statements with appropriate examples and scholarly references.

Write a 4–5-page report in Word format. Submit the report, along with your recycling journal. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M4_A2.doc.

By Wednesday, February 3, 2016, submit the report, along with your recycling journal to the M4: Assignment 2 Dropbox.

Assignment 2 Grading Criteria	Maximum Points
Adequately used data from the Recycling Journal to estimate how much garbage your community can save from the landfill.	36
Examined the process of recycling, providing a thorough explanation of how recycled material is used as well as how one can impact the creation of renewed resources through recycling.	24
Provided appropriate examples and scholarly references in support.	20
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.	20
Total:	100

This activity requires you to arrange a visit to a nursing home in your community and interview management, personal care staff, and nursing staff. Your objective is to learn as much as you can about the services provided to the residents, problems experienced by the staff in meeting their needs, and the recommendations of management for improvements to the program. The elderly belong to the group of citizens in our society that is at the heart of the debate we are examining. You should have the opportunity to learn first hand about them, their needs, and the aspirations of those charged with their care. (If a nursing home is not available in your area, you may choose another facility as long as either the facility or the section of the facility you visit deals exclusively with the elderly. In the rare case that no facility is available, students may research this issue in ProQuest and on the Internet to prepare a paper that addresses care of the elderly.)

This activity is comprised of three parts. (100 points) (A 5-page response is required for the combination of Parts A, B, and C and must include references in APA format.)

 

 

Part A	The first phase of this activity is to plan your visit by researching the facility. Learn as much as you can about the services, structure, staff and contact personnel. Prepare a visit profileto include the facility, the people you would like to interview, their roles and responsibilities, and several questions you plan to explore with each category of person you interview. It is important that you plan each interview by writing down the questions you want to ask in advance of the interview. (30 points) (A 2-page response is required.)
Part B	The second phase of the activity involves making the visit and conducting the interviews. Following your interviews, prepare a statement of findings. This statement should contain a detailed list of the facts you have uncovered. (40 points) (A 2-page response is required.)
	To help you in your data collection interview activity please consider the following set of questions to explore with the nursing home managers and staff. Managers 1.     How is the facility structured and organized? 2.     What is the socio-medical profile of the typical resident? 3.     What programs do you provide for the residents? 4.     What are the most difficult problems you have experienced in running the facility? 5.     What has been done to solve the problems? 6.     What improvements would provide the most benefit to the programs and residents? 7.     What are the greatest impediments to implementing these improvements? Personal Care and Nursing Staff 1.     What is your typical day like? 2.     What program activities are most beneficial to the residents for whom you care? 3.     What are the most difficult problems you have in caring for the residents? 4.     What changes would most help make your job easier? 5.     Do you think the residents are happy here? 6.     If so, why and if not why not? 7.     Do the residents maintain contact with their families? 8.     Are families involved in end-of-life counseling sponsored by the facility? 9.     What is the most difficult medical care problem encountered by the nursing staff? 10.  Under what conditions does the facility employ life-extending medical interventions? 11.  What is the stated facility policy on this issue? I have provided these questions as a guide to you in preparing for the interviews. Please use them as such and not as an exhaustive and inclusive list of questions. Please feel free to expand, eliminate, or modify your questions, as appropriate, to accomplish the objectives of the activity.
Part C	The final phase of the activity is to prepare an analysis of your findings, which you should relate to the Lecture and Research Update and the Required Readings in this assignment. Prepare an analysis statement explaining your conclusions on care for the elderly, recommendations on how to improve that care, and your position on whether health care to the elderly should be rationed. (30 points) (A 1-page response is required.)

In Chapter 11, McDavid, Huse, and Hawthorn (2013) define empowerment evaluation.  Explain how this model of evaluation differs from traditional forms of program evaluation. Describe how empowerment evaluation may impact employee learning and performance.  Your post should be 150 to 250 words in length.

Read Evaluating a Training Program (case study) on pages 160-166, and then answer the following questions:

• Create 2 more SMART goals for this training
• Explain what the mean for pre and post training means, why are these figures important?
• Using the Kirkpatrick Evaluation Model did the training achieve the desired results? Why or why not?
• Where any unexpected questions raised from this training? If so which questions? If not, why do you think the results were expected?
• Which levels of information were collected and used in the Kirkpatrick Evaluation Model? Explain why or why not each level was or was not used.

The requirements below must be met for your paper to be accepted and graded:

• Write between 750 – 1,250 words (approximately 3 – 5 pages) using Microsoft Word in APA style, see example below.
• Use font size 12 and 1” margins.
• Include cover page and reference page.
• At least 80% of your paper must be original content/writing.
• No more than 20% of your content/information may come from references.
• Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement.
• Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style.

References must come from sources such as, scholarly journals found in EBSCOhost, CNN, online newspapers such as, The Wall Street Journal, government websites, etc. Sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable for academic writing.

1. Discuss with your colleagues the following questions: What is Legality? Specifically how are employees and medical entities legally responsible in Health Service Organizations? Provide two specific real life case examples that you find on the internet or in the print media. Real life cases means cases from your own health care experiences, and or researched cases with real people, doctors hospitals etc. In other words specific who, what, where, and when. Read the background articles but this discussion will take research beyond the above articles. Provide citation of authority to support your initial response to discussion questions.
2. Discuss with your colleagues 1.What is Ethics? 2. How does ethics apply to health care organizations and its employees? Provide two specific real life case examples that you find on the internet or in the print media. 3. Research a specific ethics issue applicable to a health care organization, discuss how it was handled, what ethics theory epitomizes the handling of the issue and how would you have handled the issue and which specific ethics theory would apply to your solution

Select a specific advertising campaign of a product or service to evaluate.

Research your selected advertising campaign using the Internet or other sources.

Write a 1,750- to 2,100-word paper that evaluates your selected advertising campaign using the TARES test of ethical advertising. Remember, the TARES test asks the following questions:

• Are the ad’s claims truthful?
• Is the claim an authentic one?
• Does the ad treat the recipient with respect?
• Is thereequality of status or importance between the sender and the receiver?

Answer the following questions in your paper:

• Who is the intended audience for this product?
• What needs does the product or service propose to fulfill?
• What are the positive aspects of the advertising campaign?
• What are the negative aspects of the advertising campaign?
• In what ways is the advertising ethical or unethical?
• Does the campaign meet the TARES test?

Cite at least two references.

Explain the risks associated with leveling resources, compressing or crashing projects, and imposed durations or “catch-up” as the project is being implemented.

Why is it critical to develop a time-phased baseline?

This original post must contain a minimum of 300 words. Students must demonstrate critical thinking by paraphrasing the material into their own words (direct quotes should be used in a limited manner as this does not display critical thinking). All statements in the post that are not general knowledge should be cited to their source. Be sure to clearly relate the readings to the lesson concepts. Students may further synthesize this research relating to personal experiences. All citations should be in APA format with a reference listing at the bottom of the post in APA format (be sure to include a link to the website of your current event in the reference listing).

Project Risk Planning: Craft a plan for identifying and monitoring risk. In your plan, you could consider: 1. The amount of uncertainty in the project and how to deal with it 2. The threats of greatest concern 3. How each threat should be dealt with,

. Risk Control: Determine corrective actions and controls to deal with uncertainty and its impact on the project, based on your risk plan. Ideas to consider may include: 1. Appropriate quantification of the risks (probability vs. impact) 2. Contingency funding or time buffers in place to handle threats

W6 Lab “Oscillator Circuits”

Analog Integrated Circuits & Lab

Oscillator Circuits

The purpose of this lab is to learn to use MultiSIM to construct and simulate oscillator circuits. Two oscillator circuits will be constructed and the effect of feedback resistance will be investigated in order to produce oscillation. Students will be asked to extend the concepts presented in order to modify the given circuit to allow for a variable output frequency.

 

1. Watch the video Week 6 – Oscillator Circuit
2. Read the section 11.3 and construct the two oscillator circuits in Figure 11.3 from the textbook and simulate the circuits.
3. Use the Agilent oscilloscope to observe the oscillations and measure the frequency.
4. Analyze the oscillations of Op-Amp and Comparator circuit and compare the Op-Amp circuit with that of the Comparator circuit.
5. Capture the screenshots showing oscillating output waveforms for each of the circuits.
6. Answer the following questions:
   1. What is the difference between Op-Amp circuit and Comparator circuit?
   2. Discuss some of the issues with this Op-Amp oscillations and explain the voltage swing and cause of potential failure of this circuit.
   3. What makes the comparator circuit oscillate and more ideal for the applications?
   4. Describe the operation of the comparator oscillator circuit and explain the difference in inverting and non-inverting waveforms of the comparator
   5. What is the significance of using comparator circuit to achieve sinusoidal oscillations?
7. Create a new word document called “Lab6_StudentID.docx” with your GID substituted into the file name.
8. Verify all the measurements from simulation. Save the results and paste the screen captures in the word document. Make sure to answer the questions.
9. Upload file “Lab6_StudentID” in Blackboard.