Consider the following information about a simple country that produces two different goods: year pricemilk quantitymilk price cereal quantity cereal 2014 $4 100 $5 120 2015 $4.50 150 $5.50 180 2016 $5 200 $6.00 250 nominal gdp in 2014 was $ . nominal gdp in 2015 was $ nominal gdp in 2016 was $ enter numbers rounded to two decimal places as necessary. assume the base year was 2014.

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.