One of our lessons this week included a video about the language we use to talk about love. Discuss your thoughts and reactions to this video content. It should be clear from your answer that you have watched the video.

One of our lessons this week included a video about the language we use to talk about love. Discuss your thoughts and reactions to this video content. It should be clear from your answer that you have watched the video.

When cash is tied up in operations, i.e., you must invest cash upfront to buy inventory and wait to sell and collect payment, _____________

Line balancing can be used to

In the presence of collaboration and multitasking, increasing the capacity of the bottleneck resource can always increase the process capacity.

Is it possible for two firms to have the same annual inventory turns and the same gross margin but different days of supply?

Which of the following best explains why slow-turning items (slow inventory turns) may not be profitable at a brick-and-mortar retailer?

Company ABC balance sheet indicates that it has an inventory of $8,567 million. The profit & loss statement shows a net sales of $25,700 million and a cost of goods sold amounting to $21,567 million. Assume 365 days per year. Round the answer to 2 decimal places 1. How many times on average does this company replenish its inventory in a year? 2. How many days on average does a product stay in ABC’s inventory before it is sold?

Please click here to access the blank copy: Mock V2 – Paper 1.pdf

Essay questions: Choose 2 of the 3 essay questions below to answer. Each question will be worth 30 points.  Question 1. Where is the current American economy? (Use data from the Dr Howard’s Lecture Where Are We?). I expect a paragraph  minimum for each question.         In your opinion, what are the four most important charts or graphs in that Lecture?  Explain.                   Give examples of how each is affecting you, your family, or others lives.                  Is there a problem facing society that Dr Howard left off the list? Explain —————————————————————————————————— Question 2. If the United States is entering a serious recession, answer the following questions in 3-4 sentences:                     What would be appropriate fiscal policy actions?                     What would be appropriate monetary policy options?                     Which one would likely be more effective? Why?                     What are some potential negative results of each? Explain. ———————————————————————————————————————- Question 3: Gross Domestic Product (GDP) is calculated using four major components: consumption, investment, government spending, and net exports.Explain each of the four components in a separate paragraph, but do so under the following constraints: (4 paragraphs total) For each paragraph, you must: Describe the component in your own words (do not quote the textbook or lecture slides). For example, what kinds of spending is included (give examples), what are the important characteristics of that component, where does that component get the money to pay for its spending, etc. Provide one concrete example drawn from your own life or immediate surroundings within the last 12 months (for example: a purchase you personally made, a construction project you observed, a government service you directly used, or a good or service you know was imported or exported). Explicitly explain why your example does count toward GDP and why a closely related alternative example would not count, referencing an exclusion discussed in class (such as used goods, transfer payments, financial transactions, or intermediate goods). Do not use bullet points or headings; write in full paragraphs with clear economic reasoning.