Notes, abstracts, papers, exams and problems of Economy

Third Quiz

            The two firms -- Choco-Veg (CV) and Green Gold (GG) -- that currently produce chocolate-covered vegetables are each considering expanding their respective production capacities.  Each must decide whether (or not) to make a costly investment in new facilities.  The future annual profitability (in $ millions) of each company will depend on its own and the other’s actions, in the way that is depicted below (these figures are known by both, since they have been reported in The Chocoholic Weekly Review).  The CEO of each firm cares only about maximizing her own company’s profits.  Both have received MBAs from a highly ranked business school that is located in New York City.

1.  Suppose that the two firms... Continue reading "F&M Quiz 3" »

Phases:

Starting point: definition of all requirements, general, preliminary project | Choice of some Subset of system’s functions | Detail project and implementation of the System’s part realizing chosen functions. | Testing of the done part of the System and delivery to the client. | Repetition of the process.

-Planning (Objective setting) | Specific objectives for that phase of the Project are defined | Constraints on the Process and the product are identified|Detailed management plan Is drawn up|Project risks are Identified | Alternative strategies may be planned

-Risk Analysis (assessment and reduction) | For each of identified Risks a detailed analysis is carried out | Reduction of risk | Phase can Include prototype building

- Construction

1_ What happened to "How to win friends and influence people" when it was published?

Chapter 1 Introduction to Services

3.1. Service Terminology Service

a service is a software program that makes its functionality available via a technical interface, called a service contract.

Figure 3.1. The symbol used to represent an abstract service.

Service Contract

The symbol used to represent a service contract is displayed in Figure 3.2.

Service Capability

A service contract can be broken down into a set of service capabilities, each of which expresses a function offered by the service to other software programs.

Figure 3.4. A Purchase Order service contract with four service capabilities.

Service Consumer

A service consumer is software program when it accesses and invokes a service—or, when it sends a message to a service capability

Service

Bonds and shares:

Bonds:

coupon rate = % of Face Value paid out annually

coupon = interest paid

Par / face Value = the amount to be repaid at maturity

Yeild = Interest Amount (j) = Interest Rate(i_r) =  (nominal interest rate)

Bond Value = (PV of coupon payments) + (PV of face value)

Expected Yeild to Maturity = YTM_{No Default} x (1 - prob. Default) + YTM _Default x  prob. Default

Fischer effect:

nominal interest rate = real interest rate with the effect of inflation

r_Nominal = r_real + r_inflation + (r_real x r_inflation) ^{** use decimals}

Shares:

Constant growth model:

Ordinary Shares:

V_E = P₀= D₁/(R_e - g). Where the div. For a future year is given

V_{E =}  D₀ (1+g) / (R_e - g). Where the dividend for a prev. Yr is given

Preference Shares:

V_p= D_p / R_p ^{** preference}

1º E-mail (1º tema, presentacion a trabajadores)

ECONOMIC EFFECTS