Weekly tasks or assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.Key Assignment Draft You are starting your own Internet business. You decide to form a company that will sell cookbooks online. Justcookbooks.com is scheduled to launch 6 months from today. You estimate that the annual cost of this business will be as follows:Technology (Web design and maintenance)$5,000Postage and handling$1,000Miscellaneous$3,000Inventory of cookbooks$2,000Equipment$4,000Overhead$1,000Part IDeliverable Length: 1 graph plus calculationsYou must give up your full-time job, which paid $50,000 per year, and you worked part-time for half of the year.The average retail price of the cookbooks will be $30, and their average cost will be $20.Assume that the equation for demand is Q = 40,000 – 500P, whereQ = the number of cookbooks sold per monthP = the retail price of books.Show what the demand curve would look like if you sold the books between $25 and $35.Address the following questions:What is the elasticity of the demand for cookbooks bought this way?Is the business worth pursuing so far?Suppose that you expect to sell about 22,000 cookbooks per month online, and assume your overhead, technology, and equipment costs are fixed. What are your total costs?What are your marginal costs?What market structure have you entered, and why?What can you do to guarantee success in this market?What pricing strategy might you use?

Create an MS PowerPoint Presentation in which you describe the current state of your selected company's supply chain and an identified process.Required Elements:Describe the company's supply chainIdentify a process internal to the company that you wish to analyze.Describe the process internal to the company that you wish to analyze.Identify an appropriate design approach for the process you have chosen.Create a high-level AS IS process flow chart using an appropriate tool.Identify at least one metric to measure the process and its application (how, what, when, and who).Use an appropriate tool to collect data for each step of the process.PowerPoint includes 4-5 slides with detailed speaker notes.NEEDS TO BE ORIGINAL

Complete the Process Design Matrix.Write an executive summary identifying appropriate design approaches for a selected product and service. Pick one service with which you are familiar.  Complete three to five line items such as production line, self-service, or personal attention approach, on the Process Design Matrix.  Pick one product with which you are familiar.  Complete three to five line items such as Job shop, batch, assembly line, or continuous flow approach, on the Process Design Matrix.  Required Elements:No more than 700 wordsConsistent with APA formatSubmit Matrix with the Executive SummaryNeeds to be original