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Category: Economics

What is the total annual cost? What is the maximum inventory level? What is the average inventory level? What are the reorder points? What is the number of reorders per year?

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3.2 Excel Solver Assignment Economic Order Quantity Global manufacturing and services require the ordering, transportation, and logistical activities to provide adequate inventories to meet customer demand. One of the programming tools in the MBA’s Management Science toolbox is the Economic Order Quantity or EOQ model. The EOQ model in an Excel-based formula template can solve […]

Explain the implications of this wait line model on business operations. What steps need to be taken to optimize wait times without jeopardizing the health of the business?

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Solver Assignment Wait Line Models No matter the business or the location, wait lines are found in every business and every day. Wait lines exist anywhere and everywhere – from fast-food restaurants and manufacturing operations, to airline passenger boarding and prescription refills. We all have to wait for some good or service. As an example, […]

What happened to health care spending in absolute terms and as a % of GDP during the downturns of 2001-02, 2007-09, and 2020? Why?Explain.

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Health economics and statistics Assignment Questions PART 1. : Healthcare Spending Graph (i) health expenditures as a proportion of GDP and (ii) GDP growth on one, clearly-labeled graph. Make sure your axes are labeled and there’s a title on your graph and a source/citation at the bottom. All data should be in nominal . What […]

How do markets also produce types of people? Explain with a paragraph about the endowment effect and the paper by Apicella et al. . Then write a paragraph with an explanation based on your own experience.

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Market-based economies produce more people, literally.  But how do markets also produce types of people? Explain with a paragraph about the endowment effect and the paper by Apicella et al. . Then write a paragraph with an explanation based on your own experience.

Explain 3 things the Federal government should do to support the economy as this resource declines in availability.

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Microeconomics Pick one of these critical scarce resources: • Phosphorus • Scandium • terbium • provide 3 reasons why this resource is so critical along with what the resource is primarily used for. • As the availability of the resource decreases, what would you expect to happen to the price of the resource and how […]

Why Communism Failed in the Soviet Union, Should the United States Trade with China?Explain your answer.

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Students will write a Research Paper The following are some suggested topics for research: Free Enterprise vs. the Command Economy, The Increase of Socialism in the American Economy, Why Communism Failed in the Soviet Union, Should the United States Trade with China? , Global Trade: Bilateral vs. Multilateral Trade Agreements. The paper is to be […]

Have in mind current market conditions. Use formal language and correct terminology in your discussion of relevant economic concepts, and apply relevant economic tools for problem solving in this real-life imitating simulation.

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Thinking like an Economist You are one of a few co-owners of a commercial space of 50,000 sq. ft. in the building in downtown of your selected town in the State of NY . You have to come to a common decision like economists what to do with it now. Some of you run own […]

Could transit caps be raised several cents? Could more entities join and raise the cap, and not have it tied to the one penny sales tax? Could cities go to eight and a half percent sales tax instead of two percent?

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 Local Sales Tax Cap And How It Affects Public Transit Funding Include one additional page for citations/references. This is the research topic: Researching the sales tax cap and how it affects transit funding. Possible points of interest to talk about in the essay: Are citizens sending too much tax money to Transit organizations? Could transit […]

Does it benefit the local economy and does it benefit the intended individual. What impact will this have on small business?

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Cons on Debate The online debate topic is should the US give subsidies for electric vehicles? Make sure you include in your debate the economic impact of oligopolies, supply and demand and market equilibrium. Does it benefit the local economy and does it benefit the intended individual. What impact will this have on small business? […]

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