short assignments 3
1st
ECON201
4.1 Learning Outcomes:
· Define Willingness to Pay (WTP)
· Evaluate the opportunity cost
· Determine Dead Weight Loss (DWL)
4.2 Action Required:
Watch the video using the following link:
https://www.youtube.com/watch?v=kF1c8ujpTYY
4.3 Test your Knowledge (Question):
Discuss the dead weight Loss
4.4 Instructions
Answer the given question in your own word and it should be less than 100 words.
2ed
MGT311
4.1 Learning Outcomes:
· Demonstrate process-flow analysis, process design solutions, operations strategies, Inventory Control System and customer services in the business operation.
· Apply knowledge and skills to optimize production objective of maximizing profits using qualitative and quantitative techniques in related areas of operations management.
4.2 Action Required:
https://www.youtube.com/watch?v=-X6zL-218Mk
4.3 Test your Knowledge (Question):
Q. What do you understand by Process break down and bottleneck of a process?
4.4 Instructions
· Answer the question in test your knowledge section.
· Post your answer in the discussion board using the discussion link below (Week4: Interactive learning Discussion)