The morel is a prized mushroom that is often abundant in the Western United States in years after forest fires. Suppose two companies are buying morels from workers willing to find them. One company offers to pay workers $5.00 per pound, and the other company will pay workers only $4.00 per pound. Economists would say that 21. Economists and laypeople see the pros and cons of international trade in different ways.
Which company was the more profitable in 2004? Safeway has superior ROE (14.1%) and ROA (6.4%) in 2004 when compared to Kroger (-2.7% and 5.5%, respectively). 4. Both companies have EBI/Sales margins that hover around 2%. What aspect of the retail grocery industry contributes to such low margins?
Adding to that the lows median income (lowest among the 5 projects) can be among the reasons why Walmart has performed well with its low price policy. Brand Awareness impact: While the closes Target is 80 miles away from the project store, it can be assumed that Target brand dose not have a well-known brand awareness. It will take time and investment for Target to increase the brand awareness and also compete with established brand such as Walmart; all expected marketing investment on brand awareness would contribute to 25% sales increase in 5 years. Further comparison with other projects in
• Non-traditional retail stores increased their share of consumers food-at-home from 1 7.7% to 30.8 in 2003. • According to the USDA traditional retailers market share declined from 82.3% to 69.2%. • Wal-Mart was both a driver and a beneficiary of this change, as its share of U.S supermarket sales reached 15.2% by 2003. • In 2004, Wal-Mart opened its first California supercenter. • By 2007, the number of Wal-Mart supercenters nationwide were forecasted to reach 2000, translating to 35% share of food store industry.
Process #1: Process Fruit Receiving It’s the initial step of weighting the truck delivery (gross weight & tare weight), two steps process is running parallel to determine the estimated weight of the clean, dry, usable berries. A third step is carried on as well to classify the berries based on the color as it is considered a very important attribute of both juice and products and whole sauce. This is done manually using color picture, and the finest color (No.3) is paid a premium of $1.50 per barrel. The issues that could be enhanced is 1# scheduling the delivery (knowing the fact that average truck delivery was 75 bbls and by calculating the maximum capacity the plant could deal with and the timing required) to clear up the clutter and unnecessary cost incurred. As this will reduce the waiting time and the amount paid up as overtime.
Marco’s calcium intake is about 51.2% more than the recommendations, but it is still lower than the upper limit of 2,500 mg per day that DRI gives. However, sodium consumption of 3,095 mg is 34.6% more than the upper limit of 2,300 mg per day which may raise a health issue. Table–1 The amount of five nutrients Marco consumes each day Fiber(g) Iron(mg) Calcium(mg) Sodium(mg) Vitamin A(µg) Breakfast 2 plain pancakes (from a mix) 0.8 0.8 72.0 360.0 0.0 3 tsp (45 ml) maple syrup 0.0 0.6 66.0 6.0 0.0 ½ grapefruit 2.0 0.1 27.0 0.0 71.0 1 cup (250 ml) 2% milk 0.0 0.1 302.0 106.0 142.0 Lunch 1 cheese sandwich -2 slices whole wheat bread 4.8 1.2 25.0 284.0 0.0 -2 oz. (60g) cheddar cheese 0.0 0.4
What is Betty's consumer surplus, given that she only pays the Flat fee of $50 per month? Economics 203: Intermediate Microeconomics I Instructor: Dr. Donna Feir University of Victoria Fall 2013 Question 4: Page 528‐529 in Old Text and Page 582 in New Text, Problem 1, 2, and 3 (they go together).. Question 5: Page 528‐529 in Old Text and Page 582 in New Text, Problem 6 – Identify the entire contract curve as well as the Core. Question 6: Sketch a typical consumption contract curve in an Edgeworth box for Ada (A) and Bob (B). The two products are apples and tents.
Computer Solution 3. The production manager for the Whoppy soft drink company is considering the production of 2 kinds of soft drinks: regular and diet. Two of her resources are constraint production time (8 hours = 480 minutes per day) and syrup (1 of her ingredients) limited to 675 gallons per day. To produce a regular case requires 2 minutes and 5 gallons of syrup, while a diet case needs 4 minutes and 3 gallons of syrup. Profits for regular soft drinks are $3.00 per case and profits for diet soft drinks are $2.00 per case.
However, C_Fad came out of development and was able to be sold, so a price was set at $35, since it was slightly bigger and a whole unit slower than Cake. C_Fad was created to help appeal to both the low tech and high tech markets, so the price was a compromise for both markets. Marketing budgets were set based on the idea that Cake had been out for 3 years and C_Fad was just getting kick-started. Cake’s Promotions and Sales budget was reduced by $100, down to $1,100, and C_Fad’s Promotions and Sales budget were both set at $1,400. C_Fad was a brand new product appealing to both markets; therefore more money was needed to ensure awareness and accessibility to our customers.
If we look at table C-4, total debt/EBITDA ratio is 3.9 in 2001, which is relatively high compare to 1.6 for Kellogg Co., and 1.5 for Keebler in 2000. The merged company is planning to reduce its debt leverage from 3.9 of total debt/EBITDA ratio to 2.4 from 2001 to 2004 based on a cash flow of $200 to $400 million per year available for debt reduction. Since Kellogg’s U.S. share in cereal was mid 30s and 40% globally by 1996, the merged company would grow its noncereal business from roughly 20% to around 35% of sales. Overall, the market share would have a dramatic increase. Based on the recent customer survey, people are more tend to eat breakfast away from their home.