Business
Business, 12.03.2021 20:50, olguita82

Hi can you help me with this assienment You are the operations manager of a fleet of commercial blue crab boats. Your crabs are essentially the same as other crabs. Your job is to maximize profits over the crabbing season by minimizing costs. In each month of the season, you must choose a level of output that minimizes costs.

The cost simulation spreadsheet (Excel)Preview the document contains market data, as well as a basic model for calculating costs for your fleet. Each month new data will come in, and you can use this spreadsheet to analyze your production decision.

Simulation
The simulation is comprised of six rounds. In each round, you have as much time as you like to choose a level of output. However, from the time you begin the simulation you have 48 hours to complete all six rounds.

In each round, there is a single ‘correct’ profit-maximizing answer, and your grade on the simulation will be calculated as a percentage of the total possible profit in all rounds. After each round, you will receive a report from the Maryland Blue Crab Industry Advisory Committee consultant regarding your relative performance, and possibly some hints on best practices. You may step away from the simulation at any time to review material, provided you finish all six rounds in the 48-hour window from the time you begin the simulation.
I've attached my data in xlsx

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 17:00, hrijaymadathil
Amarket is said to be equilibrium when quantity demanded is equal to quantity supplied. critically analyse the above statement by giving different types of market
Answers: 2
image
Business, 21.06.2019 22:10, gagem1278
Uestion 7 you hold a portfolio consisting of a $5,000 investment in each of 20 different stocks. the portfolio beta is equal to 1.12. you have decided to sell a coal mining stock (b = 1.00) at $5,000 net and use the proceeds to buy a like amount of a mineral rights company stock (b = 2.00). what is the new beta of the portfolio?
Answers: 3
image
Business, 22.06.2019 16:50, bandzlvr
Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?
Answers: 2
image
Business, 22.06.2019 17:10, mikailah0988
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
Do you know the correct answer?
Hi can you help me with this assienment You are the operations manager of a fleet of commercial blu...

Questions in other subjects:

Konu
Mathematics, 15.12.2020 21:00