Imagine NASA Sends You a Specimen from a Planet That

question 36

Essay

Imagine NASA sends you a specimen from a planet that they believe contains an extraterrestial bacterial species.You are the microbiologist in charge of determining how to grow the extraterrestial bacteria. Many factors may affect the growth of extraterrestial bacteria. Choose two and describe how you would test their effects.

---

Definitions:

Lower Cash Balance Limit

The minimum amount of cash that a business aims to maintain in its cash reserves to meet emergency or operational needs.

Miller-Orr Model

The Miller-Orr Model is a financial model used to manage cash flow and determine the optimal balance between holding cash versus short-term investments.

Disbursements

Payments made by a business, often related to operational expenses or loan repayments.

Optimal Average Cash Balance

The ideal level of cash a company seeks to maintain to minimize the costs associated with holding too much or too little cash.