I made approximately $10.00 in profit. On day four, the weather forecast was clear and sunny, with a temperature of 82 degrees, so I raised the price of the lemonade to $0.25 per cup. I bought 50 cups, 20 lemons, 48 cups of sugar, and 200 ice cubes. I sold 40 cups of lemonade to 75 potential customers, but because I became sold out from not having enough inventory. My customer satisfaction rate was at 100% and my popularity grew from 12% to 16%.
16 – 56 Ethics and Standard Costs Farmer Frank’s produces items from local farm products and distributes them to supermarkets. Over the years, price competition has become increasingly important, so Susan Kramer, the company’s controller, is planning to implement a standard cost system for Farmer Frank’s. She asked her cost accountant, Margaret Chang, to gather cost information on the production of blueberry preserves (Farmer Frank’s most popular product). Margaret reported that blueberries cost $.75 per quart, the price she intends to pay to her good friend who has been operating a blueberry farm that has been unprofitable for the last few years. Because of an oversupply in the market, the price for blueberries has dropped to $.60 per quart.
On the other hand in California in 1996-7 they were experiencing sub-tropical storms, it had been the wettest December in a while. Furthermore rail was falling at a high elevation causing snow of mountains to melt and increasing further water. Impacts included 23000 homes and buildings destroyed, 1200 evacuated and caused $2 billion in damage. This is less than the Philippines because they had some protection from levees on the Sacramento River however they did fail, due to the already saturated land. However it reduced the amount of water but also they had a bit of warning and many people got evacuated in time.
The lock-in program would help lower the amount of people abusing prescription medication. The lock-in program would also ease the minds of physicians and pharmacists who are fighting a constant battle of keeping track of patients on controlled medications. Even though Americans will pay taxes on Medicaid regardless, many people would feel more at ease knowing their money wasn’t going toward funding the habits of drug abusers. Any patient that seeks assistance from Medicaid should be entered into the lock-in program to help lower the amount of controlled substance abuse, to ease the minds of doctors and pharmacists, and to ensure American tax dollars are spent more
This leads to exchanging benefits for cash or other items in return for the use of the card. In most cases families that are in need and struggling are receiving aid from the state. “The Food Stamp Program pumped over $896 million into the Michigan economy last year, resulting in approximately $1.649 billion of economic activity in the state, with direct impact on farmers, grocers, and small businesses in the state”. The Michigan farmers association is working closely with the farmers markets to make the availability to purchase healthy fruits, vegetables easier for all card
This could be due to the fact that it is in the CED with 79 people walking past it and a litter count of 54 it is also very close to the fast food outlets of the old Keswickian chip shop and Greggs.The questionnaire also links to my litter survey because when asked "What problems are caused by tourism?" The response from both locals and tourists were positive with only 3% of tourists and 5 % of locals believing litter to be a
Haiti in the other hand, was not prepared for their earthwuake and they didn’t now expect an outbreak after. Haiti’s earthquake was big but not as big as Japan’s earthquake. Japan had a tsunami nuclear crissis, but they didn’t have an outbreak like Haiti. Both countries received horrible damage and the death toll in both countries were very high. In both places there were atleast millions of people who were homeless and some people were missing afterwards.
The article titled “In Washington State, Picker Shortage Threatens Apple Boom”, by Anna King, the economic topic of shortage in workers is discussed. Unlike western Michigan, Washington state has an abundance of apples, but not enough workers to pick them. At Broejte Orchards there are nearly 2000 workers, but at least 200 more experienced pickers are needed in order to pick all of the apples on the trees. Because states like New York, Michigan, Canada and Europe have fewer amounts of apples this year, Washington State’s apples are worth more, which is where the labor shortage is coming from. Most of the workers are getting paid up to 15% more, or are getting bonuses if they can stay the whole season.
Case Study 6 Analyzing Managerial Decisions: United Airlines Discontinuing United Airline flights from San Francisco to Washington D.C is not the best option in this case. In this case United Airlines need to view the calculation to make sure they are accurate and are reported accurately by WSJ. I also think the use of marginal analysis would be very beneficial in this case. Companies use marginal analysis as a decision-making tool to help them maximize their profits. Individuals unconsciously use marginal analysis to make a host of everyday decisions.
Steps should also be taken to reduce the import of western products. Retail outlets or fast food restaurants such as McDonalds’ or KFC make people neglect their traditional merchandises. It would be a good idea for the entrepreneurs to launch their own small companies providing goods characteristic for a particular social group which can compete with western products. This measure would result in the reduced import of foreign goods and, as a consequence, renewed interest in traditional products would prevent the cultural identity from perdition. The situation concerning diminishing importance of the identity could also be improved if attempts were made to generate cultural interest in the rising generation.