For the following transaction matrix, find the gross output to meet the final demand of 200 units of Agriculture and 800 units of Industry: Producing Sector Purchasing Sector Agriculture Industry Final Demand Agriculture 300 600 100 Industry 400 1200 400
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- Forecast the demand for the rice for a country for the year 2019 on the basis of 7-year data given in table: Year 2012 2013 2014 2015 2016 2017 2018 Population (millions) 10 12 15 20 25 30 40 Rice consumed (million tonnes) 40 50 60 70 80 90 100Using the following transactions below, compile the Supply and Use Table Corn was imported by the agricultural sector (100,000) and 80% used by the sector. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to government, private sector and hotels equally. Household sector and private sector utilize the remaining corn equallyA computer-based information system designed to manage production involving dependent demand inventories is: A. Computer Akted Manufacturing (CAM) B.Computer Integrated Manufacturing ICIM) C. Economic Order Quantity (EOQ) Model D. Material Requirements Planning (MRP) E.Economic Run Size (ERS)
- arrow_forward Question Asked Jun 26, 2020 1 views Suppose one thousand (1000) units of product Aare produced by XYZ limited and the quantity demade for the product is two thousand (2000)units .All other things remaining constant,$18 change in price of product A results in change quantity demaded and supplied of 6 and 9 respectively.XYZ limited has a work force of 500 people who Pay income tax of $200 each .Supposed the government introduce a subsidy of $10 on each unit of A produced. Calculate the new equilibrium price and quantityGiven the gellowing hypothetical data on ingut (x) amd tätal Physical Pro duct (TPP) oy xZ corperation. Input (x) Tatal Physical Prě du ct (TPP) Average Physi cal Product CAPP) Marginal Physical Pro du ct (MPP) 3 4 14 3.5 4 24 4 8. 32 4 4 10 38 3.8 3 12 42 3.5 2 14 44 3.14 1 44 2.75 18 42 2.33 -1 20 30 1.5 - 6the following data represents a set do demands that have occurred over the last several years at a soap making company. The data were collected on an annual basis. Year Actual Demand (At) Forecast (Ft) 1 310 2 365 3 395 4 415 5 450 6 465 7 a) using the SIMPLE AVERAGE method to predict the demand for the 7th year b) the SIMPLE MOVING AVERAGE method to predict the demand for the 7th year
- G.146.A firm keeps a record of sales and prices over the past seven months, resulting in the following table: Price (ZMW/ton) Sales (tons) Nov. 1985 7.5 84.5 Dec. 8.0 82.0 Jan. 1986 8.0 84.0 Feb. 7.2 92.0 March 7.0 95.0 April 8.0 92.0 May 8.5 91.5 Use these observations to estimate demand as a linear function of both price and time. Further, utilise this function to estimate demand for the following month, on the assumption that: (a) price remains unchanged, (b) price increases to ZMW9/ton. Hence estimate the price elasticity of demand between these prices and find the price which would maximise sales revenue. Given the nature of the observations, comment on any difficulties in interpreting your results for decision-making purposes.Explain the difference between (1) the demand for domestic goods and (2) the domestic demand for goods. (100 words max)
- Principles of Macroeconomics "T1301102" Student name: First Exam- PART2, 13/0372021 St # Question (20 points) Refer to the table below, answer the questions that follow: Personal consumption expenditures Government purchases- Net private domestic investment Exports Imports Depreciation Receipts of factor income from the rest of the world Payments of factor income to the rest of the world 600 100 200 50 -60 40 30 50 1 The value for GDP is 2. The value for GNPIS 3. The value for NNP is 4. The value of NI is (30 points) Question 2 A- Discuss therelationship between ourput, unemployment, & inflation.Consider a hotel in Krems whose yearly gross value-added (GVA) equals 1 million euros. The following services are not produced by the hotel but outsourced to other Lower Austria companies: -Linen cleaning, whose services for that hotel amount to 100.000 euros in terms of GVA -Advertisement, whose services for that hotel amount to 50.000 euros in terms of GVA In addition, the hotel needs the following inputs: -Food and beverages, for which it pays 300.000 euros, of which 200.000 euros are produced in Lower Austria, 50.000 euros in the rest of Austria and 50.000 abroad. -Energy, for which it pays 100.000 euros, of which 50.000 euros are produced in Upper Austria, of which 25.000 euros imports are needed, the rest is directly imported from abroad. Calculate direct and indirect GVA impact of Lower Austria and Austria.In the past Peter Kelles tire dealership in Baton Rouge sold an average of 1100 radials each year. In the past 2 years 220 and 240 respectively were sold in fall 360 and 320 in winter and 140 and 160 in spring and 300 and 460 in summer. With a major expansion planned, Kelle projects sales next year to increase to 1300 radials. Based on next years projected sales the demand for each season is going to be (enter your responses as whole numbers) Season Demand Fall 272 Winter [__]