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In approximately 2 paragraphs, describe the main characteristics of the Japanese government in the years leading up to WWII. What were their political, military, and social priorities? How was their government run? Who was in charge?

A problem with using the IRR rule for evaluating mutually exclusive projects is that there are differences in scale, timing of cash flows, and differences in risks.

If a corporation’s marginal tax rate is 21% and the cost of borrowing is 15%, then the company’s after-tax interest rate is 11.85%.

The present value of $80,000 to be received 4 years from now, if the interest rate for determining the present value is 4%, is $93,589.

The present value of $70,000 in Year 1 and $100,000 in Year 2, if the interest rate for determining the present value is 10%, is $155,372 (rounded to the nearest dollar).

Each of the following will be reduced by glucocorticoid excess except one. Which is the exception?

During a budget meeting, a department head purposefully inflates their demand forecast to secure a larger budget for the upcoming year. According to the notes, which human bias does this demonstrate?  

An electronics retailer currently sources a popular smart-home hub from a local manufacturer with a lead time of 3 weeks. To cut procurement costs, they are considering switching to an overseas supplier, which would increase the lead time to 15 weeks. The average demand rate for the hub is 400 units per week. If they make this switch, how many additional units will be tied up in pipeline inventory (on-order inventory)? Enter your answer as a whole number (for example 20).

An analyst at Facebook is using Exponential Smoothing to forecast Daily Active Users (DAUs). The last forecast (ŷₜ) was 400 million, and the actual demand (yₜ) turned out to be 500 million. If the analyst uses a conservative smoothing parameter of α = 0.2, what is the new forecast (ŷₜ₊₁)? Enter your answer as a whole number (for example, 20). Do not include zeros for “million.” For instance, if the answer is 20 million, enter 20.  

Two different companies have adopted strategies to manage variety without crippling inventory costs. Company X allows customers to customize the colors of their sneakers, only finishing the shoe once the exact order is placed. Company Y is an online retailer that sells thousands of rare, slow-moving books from a massive, single warehouse. According to the lecture notes, what fundamental concept links the success of both strategies?