1. What is the purpose of a spreadsheet model and how can a spreadsheet model help the owners of the Terra Cotta Brew Coffee Shop make decisions about the renovation? 2. Which variables did you indicate as your key inputs, decision variables, uncertain variables, and outputs? Why? 3. Describe how you incorporated each of the design principles into your spreadsheet model. 4. Assuming that the investment amount is $137,000, and the estimated growth rates are accurate, should the owners go with a monthly or quarterly payment plan? Why? 5. What kinds of what-if analysis should  be conducted to ensure a […]

1)Describe the innovation life cycle proposed by Abernathy and Utterback (see page 233 of the text).Does the model provide a useful tool to guide and manage the innovation process?Do you see any weak points in the model?What part of this process are you in with your product/service idea for your course project? How did you transition from one stage to the other?BOOK (233)INNOVATION IN ACTION: The Innovation Life CycleSometimes it is helpful to understand a little about timing in innovation strategy – at what stage in the innovation life cycle are we and what implications does that have for the kind of […]

1) If a taxpayer in the 28% tax bracket has the opportunity to invest in a taxablecorporate bond that pays 6% interest or to invest in a tax-exempt municipal bond thatpays 3.5% interest (assuming that all other elements of the two bonds, e.g., risk, are equaland that taxable interest would not put the taxpayer in a higher tax bracket), whichinvestment (without considering any effect of state and local taxes) would generate thegreater after-tax yield?2) Jane, age 65, who lives with her unmarried son, Jack, received $7,000, which wasused for her support during the year. Her sources of support were as […]

1 page  Review the Assignments for this course, accessed by clicking on the “Assignment” tab at the top of your screen, and then selecting each Unit# – Assignment, reviewing the description, type, and deliverables. What questions do you have about these assignments in Units 1 – 4? What questions do you have about the overarching Unit 5 assignment? Although not due until the end of the class, it is important that you begin planning for this project early in the course. What are your initial thoughts about how you will approach this assignment? Explain. Unit 1 Summarize the role of decision making in […]

1 Dimensions1:1 Prove that a set of 3 points a, b, and c in the plane are collinear if and only if the vectorsa1,b1, andc1are linearly dependent, i.e. one of these points can be written as a linear combination of the other two.Note, you should use the equation of the line through the points to dene the linear dependence.1:2 We say that ane dimension of a set of points is the dimension of the space of all ane combinations.A point is 0-dimensional. A line is 1-dimensional. A plane is 2-dimensional. This is a little dierent fromthe notion of dimension used […]