A firm needs to fully satisfy the demand, which is fixed to 900 units and generates unit revenue of $10. However, its production is subject to the random yield. That is, only a random percentage of production quantity is qualified for demand satisfaction. For each unit that the firm plans to produce, $5 is incurred as the production cost regardless if it can be used or not at the end. If the qualified final output from the production is less than the demand, the firm has to outsource from a more expensive source to cover the gap. The corresponding cost is $9.5 per unit. If the qualified output is more than the demand, the firm can salvage the leftover at the unit price of $4.
The firm has the historical data on the production yield rate, which can be used to estimate the distribution of the random yield rate.
Please answer the following questions and show formulas in excel for the solutions:
1. Use the Histogram to estimate the probability distribution of random yield rate. Use the estimated production yield rate probability distribution, set up the model and determine the production quantity based on EMV criterion.
2, Use the estimated production yield rate probability distribution to set up the simulation model and determine the production quantity based on EMV criterion.
3. Assume the production yield rate satisfying the Normal Distribution. Use the Descriptive Statistics to estimate its Normal Distribution. Use the estimated Normal distribution to set up the simulation model and determine the production quantity based on EMV criterion.

Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?