Business, 08.04.2021 21:20 mahmudabiazp3ekot
g For each of the following scenarios, illustrate the effects of the development on both the short-run and long-run Phillips curves (SRPC and LRPC, respectively). There is a rise in the natural rate of unemployment. SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC There is an advance in technology that makes production more efficient. SRPC Movement along SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC There is a rise in government spending. SRPC Movement along SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC There is a decline in expected inflation. SRPC LRPC Inflation Rate Unemployment Rate SRPC LRPC
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Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?
Answers: 2
g For each of the following scenarios, illustrate the effects of the development on both the short-r...
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