Consider the following Scenario to answer Questions 1-2:
Potsdam development committee is considering two candidates for new development in the town. The distance from Potsdam to larger markets and limited air service have hindered the down in attracting new industry. Air Express, a major overnight delivery service is considering establishing a regional distribution center in Potsdam. However, Air Express will not establish the center unless the length of the runway at the local airport is increased. Another candidate for new development is Diagnostic Research, Inc. (DRI), a leading producer of medical testing equipment. DRI is considering building a new manufacturing plant. Increasing the length of the runway is not a requirement for DRI, but the planning commission feels that doing so will help convince DRI to locate their new plant in Potsdam. Assuming that the town lengthens the runway, the Potsdam planning commission believes that the probabilities shown in the following table are applicable: (some numbers are intentionally left as ? for you to calculate).
DRI Plant No DRI Plant
Air Express Center 0.30 ? 0.40
No Air Express Center ? ? ?

For instance, the probability that Air Express will establish a distribution center and DRI will build a plant is 0.30. the probability that Air Express will establish a distribution center is 0.4. We also know that if Air Express does not establish a distribution center, the probability that DRI will build a plant is 0.66.
The estimated annual revenue to the town, after deducting the cost of lengthening the runway, is as follows:
DRI Plant No DRI Plant
Air Express Center $600,000 $150,000
No Air Express Center $250,000 -$200,000

If the runway expansion project is not conducted, the planning commission assess the probability DRI will locate their new plant in Potsdam at 0.6; in this case, the estimated annual revenue to the town will be $450,000. If the runway expansion project is not conducted and DRI does not locate Potsdam, the annual revenue will be $0 because no cost will have been incurred and no revenues will be forthcoming.
Question 1
10 pts Draw the decision tree for Potsdam and upload a picture of it here. Include all probabilities and payoffs in the proper place.
Upload Choose a File

Question 2
5 pts What is the probability that Air Express establishes a distribution center given that DRI decides not to build a plant?
O 0.66
O 0,25
O 0.33
O 04

Answers

Answer 1

Question 1:

Please note that as a text-based AI, I am unable to directly view or analyze uploaded pictures. However, I can help you create a decision tree for the given scenario using text.

Decision Tree for Potsdam:

scss

Copy code

                                  ----(0.4)---- Air Express Center ----(0.6)---- $600,000

                                 |

                                 |

                                 |

                 ----(0.6)----|

                |                |

                |                |

No Air Express Center   ----(0.66)---- DRI Plant ----(0.34)---- $150,000

                |                |

                |                |

                |                |

                |                ----(0.66)---- -$200,000

                |

                |

                |

                ----(0.4)---- No DRI Plant ----(0.6)---- $0

Question 2:

Given that DRI decides not to build a plant, the probability that Air Express establishes a distribution center can be found in the decision tree by considering the branch where DRI does not build a plant. According to the given information, the probability of Air Express establishing a distribution center in that case is 0.4 (option O 0.4).

learn more about decision here

https://brainly.com/question/27400967

#SPJ11


Related Questions

Question 1: (5 marks) Describe the shifts in the world economy over the past 20 years. What are the implications of these shifts for international businesses based in the UAE?

Answers

Global shifts in the past 20 years impact UAE-based international businesses with increased competition, market expansion, digital transformation, and diverse consumer demands.

Over the past two decades, the world economy has experienced significant shifts that have impacted international businesses. Globalization has led to increased interconnectedness and trade between countries, allowing businesses in the UAE to access new markets and consumers worldwide. The rise of emerging markets, such as China and India, has created both challenges and opportunities for UAE-based businesses, as these markets offer substantial growth potential but also heightened competition.

Technological advancements, particularly in digitalization and e-commerce, have transformed business operations and consumer behavior. UAE-based businesses need to embrace digital transformation to remain competitive and meet evolving customer expectations. Moreover, changing consumer preferences, such as increased focus on sustainability and personalized experiences, require businesses to adapt their strategies and offerings accordingly.

For international businesses based in the UAE, these shifts mean they need to be agile and proactive in navigating the global market. They must invest in technological infrastructure, innovate, and develop strategic partnerships to seize opportunities in emerging markets. Additionally, understanding and catering to diverse consumer demands, both domestically and globally, is crucial for sustained growth and success in an evolving world economy.

Learn more about markets here:

https://brainly.com/question/14418904

#SPJ11

Consider Bank A that has made a 3-month Eurodollar loan of $3,000,000 against an offsetting 6-month Eurodollar deposit. To eliminate the interest rate risk, Bank A has made a three-against-six FRA with another bank, Bank B. Suppose AR = 5.2% and on the settlement day SR = 5.1%. Which one of the following statements is true regarding Bank A on the settlement day? (Assume 3 months = 91 days)
Bank A has sold an FRA and thus is compensated by Bank B of the amount $748.27.
Bank A has sold an FRA and needs to pay Bank B of the amount of $758.10.
Bank A has bought an FRA and is compensated by Bank B of the amount $758.10.
Bank A has bought an FRA and needs to pay Bank B of the amount of $748.27.
All of the answers here are incorrect

Answers

On the settlement day, Bank A needs to pay Bank B an amount of $758.10 (option b). Bank A has made a 3-month Eurodollar loan of $3,000,000 and has offset this with a 6-month Eurodollar deposit.

To eliminate the interest rate risk, Bank A has entered into a three-against-six Forward Rate Agreement (FRA) with Bank B. The interest rates involved are as follows: AR (Agreed Rate) = 5.2% and SR (Settlement Rate) = 5.1%. Since AR is higher than SR, Bank A has sold the FRA to Bank B.

To determine the settlement payment, we need to calculate the net settlement amount. The formula for the net settlement amount for a three-against-six FRA is: Net Settlement Amount = Notional Amount x (SR - AR) x (Days in Settlement Period / Days in FRA Period) x (1 + SR x (Days in Settlement Period / 360))

Substituting the given values:

Notional Amount = $3,000,000

AR = 5.2% or 0.052

SR = 5.1% or 0.051

Days in Settlement Period = 91

Days in FRA Period = 181 (3 months = 91 days, 6 months = 181 days)

Net Settlement Amount = $3,000,000 x (0.051 - 0.052) x (91 / 181) x (1 + 0.051 x (91 / 360)) ≈ -$758.10

Therefore, on the settlement day, Bank A needs to pay Bank B an amount of approximately $758.10, which corresponds to option b.

Learn more about deposit from here:

https://brainly.com/question/29620076

#SPJ11

In the first year of business, Williams Ltd purchased land for $5 million. In the second year, a reputable, independent property valuer's report shows that the value of the land is estimated at $2 million. In the third year, the value of the land is estimated at $6 million. Williams Ltd uses the revaluation method. What would be the journal entry to record this revaluation in the third year?

Question 6 options:

a)

DR Land 4m; CR Gain on revaluation 1m; CR Revaluation surplus 3m

b)

Dr Land 4m; CR Gain on revaluation 2m; CR Revaluation surplus 2m

c)

DR Land 4m; CR Gain on revaluation 3m; CR Revaluation surplus 1m

d)

Dr Land 4m; CR Gain on revaluation 4m

Answers

Option c: Given that the Williams Ltd uses the revaluation method, the journal entry to record this revaluation in the third year is option c) DR Land 4m; CR Gain on revaluation 3m; CR Revaluation surplus 1m.

Under the revaluation method, the revaluation surplus should be credited or debited directly to the equity of the company. Since the revaluation resulted in a gain of $3 million, it should be credited to gain on revaluation. Also, the balance of the revaluation surplus after this gain would be $1 million.

Thus, the following journal entry should be made:DR Land 4mCR Gain on revaluation 3mCR Revaluation surplus 1mTherefore, the journal entry to record this revaluation in the third year is DR Land 4m; CR Gain on revaluation 3m; CR Revaluation surplus 1m.

To learn more about journal entry, here:

https://brainly.com/question/30499005

#SPJ11

What common method of share valuation would be best suited for a
new start-up company?
A. No growth rate model
B. Present value of a perpetuity
C. Mixed growth dividend discount model
D. Constant grow

Answers

When it comes to valuing a new start-up company, the most suitable method of share valuation would generally be the "No growth rate model" or the "Constant growth dividend discount model" (option D).

A. No growth rate model: This method assumes that the company's future cash flows will remain constant over time, without any growth. It is often used for mature and stable companies, but may not be the best choice for a start-up where significant growth is expected.

B. Present value of a perpetuity: This method is used when the company is expected to generate consistent cash flows indefinitely. However, it may not be appropriate for a start-up as it assumes a stable and predictable income stream, which may not be the case for a new venture.

C. Mixed growth dividend discount model: This method is suitable for companies that are expected to have varying growth rates over time. It involves forecasting different growth rates for different periods. While it can be used for start-ups, it may be more complex and challenging to accurately estimate growth rates for a new company.

D. Constant growth dividend discount model: This method assumes a constant growth rate in perpetuity for the company's dividends or cash flows. While it is commonly used for mature companies, it can also be applied to start-ups if a reasonable and justifiable growth rate can be determined.

Overall, the "Constant growth dividend discount model" (option D) is often the most appropriate method for valuing a new start-up company, as it allows for a reasonable estimation of future cash flows and incorporates a growth rate that aligns with the company's growth prospects. However, it is important to note that valuing start-ups can be challenging, and a combination of valuation methods and additional considerations may be required to arrive at a comprehensive and accurate valuation.

To read more about start-up, visit:

https://brainly.com/question/29729025

#SPJ11

explaim the influence of risk aversion and patten recognition in
a random event like coin toss experiment

Answers

Risk aversion and pattern recognition are two critical factors that can influence random events like a coin toss experiment. Risk aver si on In economics, risk aversion refers to the preference of people for safer outcomes with lower risks than for more dangerous ones with higher risks.

People who are risk-averse are less likely to engage in risky behavior, while those who are not are more likely to do so. In a coin toss experiment, people who are risk-averse will prefer the outcome that has the least amount of risk. They will choose to bet on the side that they perceive to have a higher chance of winning.Pattern recognitionPattern recognition refers to the ability of the human mind to recognize and categorize patterns based on previous experience.

It's an essential cognitive process that helps people make sense of the world around them. In a coin toss experiment, pattern recognition can come into play in several ways. People who have a pattern recognition bias may perceive patterns where there are none. For example, if someone flips a coin three times and gets tails each time, they may believe that the next flip is more likely to be heads, even though the odds are still 50/50. Conversely, someone who is good at pattern recognition may be able to recognize patterns in a series of coin flips that others cannot, giving them an advantage in betting.Overall, risk aversion and pattern recognition can both play a role in a coin toss experiment, influencing people's choices and perceptions of the outcome.

To know more about Risk aversion visit:

https://brainly.com/question/8394406

#SPJ11

In the section below, what rhetorical appeal or strategy is the author using?
I am not an academic, but I can tell you that selfishness and dereliction of duty did not make this country great. The Constitution aimed to "promote the general welfare and secure the blessings of liberty for ourselves and our posterity." It’s right there in our founding document. We need to think beyond our selfish interests.
I am an immigrant. This country gave me everything. I often tell people not to call me self-made; I prefer to call myself American-made. My success would have been impossible without the principles of the United States and the generosity of Americans.
I could just keep making more money, but that would be selfish. I feel a responsibility to do everything I can to help this country remain great. That’s why I traveled to all 50 states as the chair of the President’s Council on Physical Fitness and Sports on my own dime, that’s why I accept every invitation to visit our troops, that’s why I’ve invested millions to create a nationwide after-school program, and that’s why I walked away from $30 million movie deals to serve as governor of California for no salary. And even after all that, I’ll be paying down the debt I owe America for the rest of my life.
a) Logos
b) Ethos
c) Pathos
d) Kairos

Answers

Ethos is the rhetorical appeal or strategy used in the provided text.

The rhetorical appeal or strategy used in the given text is "Ethos."Ethos is a Greek word that refers to an ethical appeal that aims to persuade an audience using credibility, ethics, or trustworthiness. Ethos, in rhetoric, is a persuasive strategy that utilizes the speaker's credibility and trustworthiness to earn the audience's support. Ethos is often established through language that is honest, authoritative, and knowledgeable.

In the provided text, the author's statement about his experience as an immigrant and his understanding of the Constitution as a founding document establishes his credibility and trustworthiness. His argument, that Americans need to think beyond their selfish interests, is made more convincing by the fact that he has "walked away from $30 million movie deals to serve as governor of California for no salary." This shows his level of commitment and dedication to the country.

Therefore, Ethos is the rhetorical appeal or strategy used in the provided text.

Option b is the correct answer.

Learn more about the word ethos here,

https://brainly.com/question/13118125

#SPJ11

qualitative interviews are better than survey research in terms of:

Answers

Qualitative interviews provide in-depth insights and contextual understanding that survey research often fails to capture due to their open-ended nature and flexibility in probing responses.

Qualitative interviews excel in several ways compared to survey research. Firstly, they provide a deeper understanding of participants' thoughts, feelings, and beliefs, allowing researchers to explore complex topics and uncover unexpected insights. The open-ended nature of qualitative interviews allows participants to express themselves freely, offering a rich narrative that captures their unique perspectives.

Secondly, qualitative interviews allow for flexibility and adaptability during the data collection process. Researchers can probe further, clarify responses, and delve into specific areas of interest, fostering a more comprehensive understanding of the research topic. This flexibility is particularly valuable when studying complex or sensitive subjects where standardized survey questions may be insufficient.

Overall, qualitative interviews offer a more holistic and nuanced approach to research, capturing the intricacies of human experiences and providing a deeper understanding of participants' views. While survey research provides valuable quantitative data, qualitative interviews complement it by providing the qualitative depth necessary for comprehensive research insights.

Learn more about survey here:

https://brainly.com/question/30504929

#SPJ11

tests of the additions to the expense accounts is an example of tests of controls over .

Answers

Tests of the additions to the expense accounts are an example of tests of controls over financial reporting.

Tests of controls are performed to assess the effectiveness of internal controls within an organization. They aim to ensure that the company's financial reporting is reliable, accurate, and compliant with relevant regulations and policies. In this case, conducting tests of the additions to the expense accounts involves examining the controls in place for recording and classifying expenses. This can include reviewing supporting documentation, verifying proper authorization, and ensuring that expenses are accurately recorded and allocated to the appropriate accounts. By performing these tests, auditors or internal control assessors can evaluate the strength and effectiveness of the control procedures related to expense account additions, helping to identify any weaknesses or potential risks that may exist.

Learn more about financial reporting here:

https://brainly.com/question/13466343

#SPJ11

the situation in which markets fail to provide efficiently is called:

Answers

The situation in which markets fail to provide efficiently is called market failure.

What is market failure?

Market failure happens when the free market, left to itself, does not lead to the ideal outcome for a specific group of individuals or the economy as a whole.

A market failure may occur for a variety of reasons, including:

Externalities, public goods, market power, lack of knowledge, and too much inequality or income disparity between people.

In such cases, the government may intervene to correct the inefficiency and re-establish economic efficiency and equity, as well as to provide for the public goods required by society.

Learn more about externalities here: https://brainly.com/question/24258985

#SPJ11

Case: Amadubi Rural Tourism
Using the Amadubi – Parts A and B case, answer the following questions:
1. Who are the stakeholders in this project?
2. Identify the major activities of the project with its immediate predecessors.
3. Based on your answer for question 2, draw the project network diagram.
4. What is the critical path of this project?
5. Evaluate the return on investment on the project.
6. Should the rural tourism project be in a city (Jamshedpur) or in the villages (away from the city)?
7. What were the major problems faced by Kalamandir?
8. How can project risk management be developed for this project? How should he analyze the risk sources?

Answers

1. The stakeholders in this project are the following: Villagers living near the Amadubi hillock Tourists visiting the village and the surrounding areas Archaeologists and researchers Government officials Kalamandir – a non-profitable organization working in the region


2. Major activities of the project with their immediate predecessors are as follows:a. Site selection (Predecessors: Feasibility study, market study)b. Infrastructure development (Predecessors: Site selection)c. Designing of tourist center and interpretation center (Predecessors: Infrastructure development)d. Construction of tourist center and interpretation center (Predecessors: Designing)e. Display of artifacts and installation of interpretive tools (Predecessors: Construction)f. Tourist promotion and marketing (Predecessors: Construction)
3. The project network diagram is shown below:  4. The critical path of the project is as follows:Site selection – Infrastructure development – Designing of tourist center and interpretation center – Construction of tourist center and interpretation center – Display of artifacts and installation of interpretive tools – Tourist promotion and marketing

To know more about stakeholders  visit:

https://brainly.com/question/15532995

#SPJ11

QUESTION 1 are associations between firms that are based on contracts and do not involve the sharing of ownership. a. Non-equity based alliances b. Strategic investments O c. Cross-shareholdings O d. Joint ventures QUESTION 2 Which of the following is a disadvantage of alliances? a. Lack of learning race b. Partner opportunism c. Value as real options O d. Scale up and scale down of investments QUESTION 3 Which of the following occurs in the uncounling stage of an alliance dissolution? Click Save and Submit to save and submit. Click Save All Answers to save all answers.

Answers

1.Non-equity based alliances associations are between firms that are based on contracts and do not involve the sharing of ownership. 2.The following is a disadvantage of alliances Partner opportunism. 3.The following that occurs in the uncoupling stage of an alliance dissolution is reconciliation. The correct option are 1 is a and 2 is b.

Non-Equity Strategic Partnership In a non-equity strategic alliance, businesses agree to pool their resources without forming a new company or allocating equity. Non-equity partnerships are frequently looser and less formal than equity-based ones. These comprise a lion's share of corporate collaborations. In the areas of R&D, production, sales, and marketing, eliminating equity-sharing can be a tactical benefit.

Learn more about non-equity, here:

https://brainly.com/question/32263115

#SPJ4

1. A Scrum Master could be compared to:
Select one:
a.A Sheep Dog
b.A Pig
c.A Chicken
d.A Camel
2. Who ensures that work is aligned with leadership's direction and Product Vision?
Select one:
a.The Product Owner
b.The Scrum Master
c.The Team
d.An Agile Coach

Answers

1. A Scrum Master could be compared to Option A. a sheepdog.

A Scrum Master plays a crucial role in the scrum team, responsible for ensuring the scrum framework is appropriately adhered to. A Scrum Master acts as a servant-leader by promoting and supporting self-organization within the team. This leadership style involves being behind the team, helping to guide the team from behind, much like a sheepdog guides its flock.

As a sheepdog, a Scrum Master maintains vigilance over the team and the entire scrum process to prevent them from wandering away from the scrum's core values and principles. Therefore, the correct option is A.

2. Option A. The Product Owner ensures that work is aligned with leadership's direction and Product Vision.

A Product Owner plays a crucial role in the scrum framework, responsible for ensuring that the team's work aligns with leadership's direction and product vision. The Product Owner represents the customer's voice and translates their needs and requirements into actionable items for the scrum team. The Product Owner is responsible for creating and managing the product backlog, prioritizing the backlog items, and ensuring that the team understands the backlog items and their priority.

The Product Owner's primary focus is on maximizing the value of the product, ensuring that the team delivers a product that meets the customer's needs and delivers the maximum possible value to the organization. The Product Owner collaborates with stakeholders, customers, and the team to create a product vision that outlines the product's direction and aligns with the organization's strategic goals. Therefore, the correct option is A.

Know more about Scrum Master here:

https://brainly.com/question/30159099

#SPJ8

Required information Use the following information for exercises 15 to 18 LO P2 [The following information applies to the questions displayed below.] On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,000 in assets in exchange for its common stock to launch the business. On October 31, the company's records show the following items and amounts. Cash Accounts receivable Office supplies Land Office equipment Accounts payable Common Stock $11,360 14,000 3,250 46,000 18,000 8,500 84,000 Cash dividends Consulting revenue Rent expense Salaries expense Telephone expense Miscellaneous expenses Exercise 1-17 Preparing a balance sheet LO P2 $2,000 14,000 3,550 7,000 760 580 Using the above information prepare an October 31 balance sheet for Ernst Consulting. Assets Accounts receivable Land Cash Office supplies Office equipment ERNST CONSULTING Balance Sheet As of October 31 $ 14,000 46,000 11,360 3,250 18,000 Answer is not complete. $ 92,610 Liabilities Accounts payable Equity Common stock Retained earnings $ $ 8,500 84,000 110 84,110 92,610

Answers

Based on the given information, here is the complete October 31 balance sheet for Ernst Consulting:

ERNST CONSULTING

Balance Sheet

As of October 31

Assets:

Cash: $11,360

Accounts Receivable: $14,000

Office Supplies: $3,250

Land: $46,000

Office Equipment: $18,000

Total Assets: $92,610

Liabilities:

Accounts Payable: $8,500

Equity:

Common Stock: $84,000

Retained Earnings: $110

Total Equity: $84,110

Total Liabilities and Equity: $92,610

Note: The balance sheet includes the assets, liabilities, and equity sections. The given information only provides the values for cash, accounts receivable, office supplies, land, office equipment, accounts payable, common stock, and a small amount for retained earnings

($110).

Learn more about CONSULTING here -: brainly.com/question/26417203

#SPJ11

The annual interest rate is 4%.

1) What is the present value (PV) of $1,000 that you'll receive in 14 years?
2) If you invest the amount found in part 1 now, how much will you have after 14 years?
3) If you invest $577.48 now, how much will you have after 7 years?
4) If you invest the amount found in part 3 for another 7 years, how much will you have at the end?

Answers

The present value (PV) of $1,000 that you'll receive in 14 years, with an invest the amount found in part 3 ($800) for another 7 years, at an annual interest rate of 4%, you will have approximately $1,110.06 at the end.

Again, using the formula FV = PV * (1 + r)^n, we calculate: FV = $800 * (1 + 0.04)^7 = $1,110.06.

To calculate the present value, we use the formula PV = FV / (1 + r)^n, where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years.Plugging in the values, we have PV = $1,000 / (1 + 0.04)^14 = $604.46.

If you invest the amount found in part 1 ($604.46) now, at an annual interest rate of 4%, you will have approximately $1,000 after 14 years.

This can be calculated using the formula FV = PV * (1 + r)^n, where FV is the future value, PV is the present value, r is the interest rate, and n is the number of years.Substituting the values, we get FV = $604.46 * (1 + 0.04)^14 = $1,000.If you invest $577.48 now, at an annual interest rate of 4%, you will have approximately $800 after 7 years.

Learn more about interest rate here:

https://brainly.com/question/28272078

.

#SPJ11

Accounting 301 Ch 19 - Deferred Tax Take Home Quiz Name 1. The following is available for the taxable and pretax GAAP financial income of Film Company for 2010: Interest on municipal securities included in net income in 2010 was $5,000. Depreciation recognized in the tax return exceeded that in the financial statement income statement by $100,000. This temporary difference will reverse evenly during 2011 and 2012. The company has accrued revenue of $10,000 in 2010 for financial reporting purposes, however the tax laws allow them to deferred showing this as a taxable revenue until 2011 when the cash will be collected. Film's pretax GAAP financial net income for 2010 was $300,000 and the company's income tax rate was 35%. This rate is scheduled to change to 40% for 2011 and 2012. A. Prepare below a deferred income tax schedule for 2010. Show all timing differences in the appropriate year's column. 2010 2011 2012 B. Prepare the general journal entry to accrue income taxes for 2010. Assume there was no prior balance in the company's deferred income tax account. 2. In 2011 the company had a downturn and they had a ($200,000) GAAP financial accounting loss for that year. The company had no new originating timing differences during 2011, but they did experience the two timing reversals that were projected when completing the 2010 deferred tax schedule (see question 1). Assume the company will have adequate operating income in 2012 to cover any excess carryforwards that cannot be absorbed on the deferred tax schedule. A. Prepare below a deferred income tax schedule for 2011. 2011 2012 B. Prepare the general journal entry to accrue income taxes for 2011.

Answers

The deferred income tax schedule for 2010 is as follows:2010 2011 2012Temporary taxable amount (revenue)Deferred tax liability ($10,000) $10,000 $–Temporary deductible amount (depreciation)Deferred tax asset $100,000 $50,000 $50,000

Temporary deductible amount (municipal bond interest)Deferred tax asset $5,000 $– $–Total deferred tax asset $100,000 $50,000 $50,000Total deferred tax liability ($10,000) $10,000 $–Net deferred tax asset/liability $90,000 $40,000 $50,000B. The general journal entry to accrue income taxes for 2010 is as follows:Debit CreditIncome tax expense $105,000Deferred income tax liability $10,000Deferred income tax asset $95,000Explanation:

Deferred tax is the difference between the amount of tax that is paid or received in the current year and the amount of tax that will be paid or received in the future.Temporary differences are the differences between the tax basis of an asset or liability

To know more about asset/liability visit:

https://brainly.com/question/13731427

#SPJ11

Assume the following is the Budget Equation for a consumer: 94 Coke +238 Cheetos = 6852 What is the opportunity cost of one more unit of Cheetos? (enter this number as positive)

Answers

The opportunity cost of one more unit of Cheetos is 28.84 Cokes.

The opportunity cost refers to the value of the next best alternative forgone when making a decision. In this case, the opportunity cost of one more unit of Cheetos is the number of Cokes that could have been purchased instead.

To calculate the opportunity cost, we need to determine the price ratio between Cheetos and Cokes. We can divide the price of Cheetos by the price of Cokes:

Price of Cheetos / Price of Cokes = 238 Cheetos / 94 Cokes

Now, we can use the budget equation to determine the price ratio:

238 Cheetos / 94 Cokes = 6852 / 94 Cokes

Simplifying the equation:

238 Cheetos / 94 Cokes = 72.89

This means that for every 72.89 Cokes, we can purchase 238 Cheetos. To find the opportunity cost of one more unit of Cheetos, we divide the price ratio by the number of Cokes:

1 Cheeto / (72.89 Cokes) ≈ 0.0137 Cheetos / Coke

Since we are looking for the opportunity cost of one more unit of Cheetos, the value is positive. Therefore, the opportunity cost of one more unit of Cheetos is approximately 0.0137 Cheetos per Coke, which can be rounded to 28.84 Cokes.

The opportunity cost of one more unit of Cheetos is 28.84 Cokes. This means that for every additional unit of Cheetos purchased, approximately 28.84 Cokes have to be forgone.

To know more about cost  visit :

https://brainly.com/question/25811981

#SPJ11

KNOWLEDGE CHECK Which one of the following actors benefits when interest rates go up? An investor who is about to buy bonds A company about to secure a fixed-rate loan an. A company with a fixed-rate loan An investor who already owns bonds < PREV SUBMIT

Answers

The answer is "An investor who is about to buy bonds." When interest rates go up, the existing bond prices fall as new bonds with higher interest rates are more attractive to buyers.

The bond market is very responsive to interest rate fluctuations. The higher the interest rate, the more appealing it is to invest in bonds to take advantage of higher returns. When interest rates increase, investors purchasing new bonds with high-interest rates benefit. As interest rates increase, the value of fixed-rate bonds falls, and the value of floating-rate bonds rises. Fixed-rate loans, on the other hand, are a good thing for businesses looking to borrow because they can lock in a low-interest rate for the duration of the loan.

To learn more about interest click here https://brainly.com/question/26457073

#SPJ11

the use of the veto power was a conspicuous feature of the administration of

Answers

The use of the veto power was a conspicuous feature of the administration of the President of the United States. The use of the veto power has been a conspicuous feature of the executive branch's administration in the United States government. The use of the veto power has been a conspicuous feature of the executive branch's administration in the United States government, playing significant in both the economic and social roles aspects of governance.

Explanation: It gives the President of the United States the power to reject a bill that is sent to him by Congress. The veto power is given to the President of the United States by the Constitution. It is a power used to protect the President's executive authority. The veto power is a powerful tool that the President uses to defend his executive authority.

The use of the veto power was a conspicuous feature of the administration of the President of the United States. The veto power is a power that is used to reject a bill that is sent to the President by Congress. It is a powerful tool that the President uses to protect his executive authority. The Constitution gives the President of the United States the power to veto bills that are sent to him by Congress. This gives the President the power to protect his executive authority. The use of veto power is a powerful tool that the President of the United States uses to defend his executive authority.

To Know more about economic and social roles visit:

https://brainly.com/question/30587446

#SPJ11

You will complete this discussion based on the impact of key Federal Reserve functions on the financial operations of a business, the responsibility of the corporate finance function related to planning and investing, and debt and equity financing options available for a business.

In order to provide your Capstone boss with insight into this subject matter, you will utilize Johnson & Johnson (J & J) as a focus company to discuss the finance aspects of this organization by responding to the following questions:

3. Differentiate between debt and equity financing

options available for J & J by addressing the

following:

a. Define two differences between debt and

equity (i.e. stock) financing.

b. Bonds: describe this type of debt and

indicate one advantage and one

disadvantage of raising funds through the

sale of this type of security.

c. Common Stock: describe this type of

stock and indicate one advantage and one

disadvantage of raising funds through the

sale of this type of security.

d. Preferred Stock: describe this type of

stock and indicate one advantage and one

disadvantage of raising funds through the

sale of this type of security.

Answers

Debt financing is a method of borrowing funds, while equity financing is a method of raising capital by selling shares of ownership in the company.

The following are two differences between debt and equity financing:

Debt Financing: Debt financing involves borrowing funds that must be repaid over time with interest. Interest is the cost of borrowing, and the principal amount must be paid back over time. Debt is usually secured by collateral, which means that if the borrower is unable to repay the loan, the collateral can be seized to repay the loan.

Equity Financing: Equity financing is a method of raising capital by selling shares of ownership in the company. Equity financing does not require the repayment of principal or interest, and there are no collateral requirements. However, equity financing does require the company to give up a portion of ownership, and shareholders are entitled to a portion of the profits.

One advantage of raising funds through the sale of bonds is that interest payments are tax-deductible for the issuing company.

One disadvantage is that the interest rate is fixed, which means that if interest rates rise, the value of the bond will decline. Common stock is a type of equity that is issued by companies to raise capital. Common stock represents ownership in the company and provides shareholders with the right to vote on company matters and to receive a portion of the profits.

One advantage of raising funds through the sale of common stock is that there is no obligation to repay the funds raised.

One disadvantage is that dilution of ownership can occur if too many shares are issued. Preferred stock is a type of equity that is similar to common stock but has different characteristics.

Preferred stockholders have priority over common stockholders when it comes to receiving dividends, and they have a higher claim to assets in the event of liquidation.

One advantage of raising funds through the sale of preferred stock is that dividends can be paid at a fixed rate, which can provide stability for the company.

One disadvantage is that preferred stockholders typically do not have voting rights, which means that they have no say in the management of the company.

To learn more about Debt financing, here:

https://brainly.com/question/12524731

#SPJ11

Prepare a balance sheet
San Juan Health Services, Inc.
Balance Sheet
December 31, 2018
Assets
Cash ................................................................................ $ 22,100
Account Receivable......................................................... 27,000
Inventory ......................................................................... 13,500
Supplies........................................................................... 600
Total Assets..................................................................... $63,200
Liabilities and Stockholders’ Equity
Liabilities:
Account Payable .........................................................… 17,000
Salaries Payable ............................................................. 3,500
Income Taxes payable .................................................... 3,200
Total Liabilities................................................................. $23,700
Stockholders’ Equity:
Capital Stock (10, shares outstanding) .......................... $20,000
Retained earnings ........................................................... 19,500
Total Stockholders’ equity ............................................... $39,500
Totals Liabilities and Stockholders’ equity....................... $63,200
,
Integrated Health Services, Inc.
Income Statements
For the Year Ended December 31, 2018
Sales revenues…………………………………………………….. $143,000
Rent revenues………………………………………………………$4,000
Total revenues…………………………………………………… $147,000
Less cost of goods sold……………………………………… 85,000
Gross margin……………………………………………………. $62,000
Less operating expenses:
Supplies expense…………………………………………… $1,200
Salaries expense……………………………………………. 31,000
Miscellaneous expense…………………………………….6,400 $38,600
Income before taxes………………………………………… $23,400
Less income taxes……………………………………………. 8,190
Net Income……………………………………………………… $15,210
Earnings per share ($15,210 / 10,000 shares)…… $1.52
Integrated Health Services, Inc.
Post-Closing Trial Balance
December 31, 2018
Debito Crédito
Cash………………………………………………………………..$22,100
Account Receivable…………………………………………27,000
Inventory……………………………………………………….13,500
Supplies………………………………………………………...600
Account Payable…………………………………………… $17,000
Salaries Payable…………………………………………… 3,500
Income Taxes Payable…………………………………. 3,200
Capital Stock…………………………………………………. 20,000
Retained Earnings………………………………………… 19,500
Totals…………………………………………………………… $63,200 $63,200
The following information summarizes the business activity for the year, 2019.
a. Issued 6,000 additional shares capital stock for $30,000 cash.
b. Borrowed $10,000 on January 2, 2018, from Metropolis Bank as a long-term loan. Interest for the year is $700, payable on January 2, 2019.
c. Paid $5, 100 cash on September 1 to lease a truck for six month’s rent.
d. Received $1,800 on November 1 from a tenant for six month’s rent.
e. Paid $900 on December 1 for a one-year insurance policy.
f. Purchased $250 of supplies for cash.
g. Purchased inventory for $80,000 on account.
h. Sold inventory for $105,000 on account; cost of the merchandise sold was $60,000.
i. Collected $95,000 cash from customers’ accounts receivable
j. Paid $65,000 cash for inventories purchased during the year.
k. Paid $34,000 for sales rep’s salaries, including $3,500 owed at the beginning of 2019.
l. No dividends were paid during the year.
m. The income taxes payable for 2019 were paid.
n. For adjusting entries, all prepaid expenses are initially recorded as assets, and all unearned revenues are initially recorded as liabilities.
o. At year-end, $400 worth of supplies are on hand.
p. At year-end, an additional $4,000 of sales salaries are owed, but have not yet been paid.
q. Income tax expense is based on a 35% corporate tax rate.

Answers

To prepare the balance sheet, begin with the assets section. San Juan Health Services has four assets: Cash, Accounts Receivable, Inventory, and Supplies.

In this case, the San Juan Health Services balance sheet is being prepared as of December 31, 2018.

Here are the steps to prepare a balance sheet:

San Juan Health Services Balance Sheet   December 31, 2018

AssetsCash............................................................ $22,100

Accounts Receivable........................................ $27,000

Inventory........................................................ $13,500

Supplies............................................................. $600

Total Assets.................................................. $63,200

Liabilities and Stockholders' EquityLiabilitiesAccount Payable.............................................. $17,000

Salaries Payable................................................. $3,500

Income Taxes Payable..................................... $3,200

Total Liabilities................................................. $23,700

Stockholders' EquityCapital Stock (10,000 shares outstanding).. ............................$20,000

Retained Earnings.............................................. $19,500

Total Stockholders' Equity............................... $39,500

Total Liabilities and Stockholders' Equity..... .................$63,200

Their values are listed on the balance sheet. Add the values of all assets together to obtain the total assets, which is $63,200.Next, move on to the liabilities section. San Juan Health Services has three liabilities: Account Payable, Salaries Payable, and Income Taxes Payable. Again, add the values of all liabilities together to obtain the total liabilities, which is $23,700. Finally, subtract total liabilities from total assets to obtain total stockholders' equity, which is $39,500.

To learn more about Income Taxes click here https://brainly.com/question/26701266

#SPJ11

Serena and Douglas were joint tenants of a piece of land. Although Serena did not take much interest in the property, Douglas saw its potential value in the rental market. He therefore leased the property to Marcus Inc for $50 000 per year. Because Douglas did not want Serena to know about the lease, he persuaded Marcus Inc that there was no need for a written agreement. Marcus Inc occupied the property for five years, during which it paid a total of $250 000 in rent to Douglas. The land now sits empty. Serena died two months ago. Shortly before she passed away, however, she discovered the details of the rental arrangement that Douglas had created with Marcus Inc, and she demanded a share of the profits. Douglas refused. The situation became more complicated upon Serena’s death because she left a will that gave everything she owned, including her interest in the land, to her sister, Rumana. Discuss the rights and liabilities that may affect Douglas, Serena, and Rumana.

Answers

The rights and liabilities that may affect Douglas, Serena and Rumana are:Serena's interest in the land will form part of her estate. Since the land was a joint tenancy, this means that Serena's share passes to Rumana as the surviving joint tenant and sole owner.

Douglas has no further interest in the land and cannot prevent Rumana from occupying it since the joint tenancy was terminated by Serena's death.Since Douglas collected the entire rent without any agreement with Serena or her estate, he has acted wrongfully and will be required to pay a share of the rent collected to Serena's estate. Douglas may be held accountable for the breach of his fiduciary responsibility as a joint tenant in respect of the property since he leased it without Serena's consent and kept the rent without informing her.Serena could also be sued by Marcus Inc for breach of contract for the return of all rents paid by Marcus Inc if they claimed that they paid rent to Douglas on the assumption that he was the sole owner of the property. However, because Marcus Inc was in occupation of the land, the rent they paid was to the real owner and not to a pretend owner.Douglas, who leased the property, is not entitled to the entire rent. As a co-owner, he has no right to exclude other co-owners from sharing in the use and benefits of the property. He could also be sued for fraud and damages by Marcus Inc for the unfulfilled promise of a lease without a written contract.

To know more about liabilities visit:

https://brainly.com/question/15006644

#SPJ11

Street lighting fixtures and their sodium vapor bulbs for a two-block area of a large city need to be installed at a first cost (investment cost) of $120,000. Annual maintenance expenses are expected to be $6,500 for the first 20 years and $8,500 for each year thereafter. The lighting will be needed for an indefinitely long period of time. With an interest rate of 10% per year, what is the capitalized cost of this project (choose the closest answer below)? (5.30) a. $178,313 b. $188,000 c. $202,045 d. $268,000

Answers

The capitalized cost of this project is $202,045. Hence, option (c) $202,045 is the correct.

Capitalized cost of a project involves the cost of project incurred in a given period of time by considering the future costs.

The future costs are then discounted using the current interest rate to express them in present value.

It is therefore calculated by adding the present value of all future costs to the investment cost for the entire project.

Formula for calculating capitalized cost = Initial Investment+PV of future costs

PV of future costs= Annual cost/(1+r)t - 1/ r

Where:r = interest rate= 10% = 0.10

Annual cost = Maintenance cost for the first 20 years ($6,500) + Maintenance cost for the years thereafter ($8,500)

Annual cost = $6,500 + $8,500

= $15,000

t = Number of years into the future

T for the first 20 years = 20 years

n = Number of years to the future where maintenance increases

n = Total years - 20 years = ∞.

option (c) $202,045 is the correct.

Know more about the capitalized cost

https://brainly.com/question/25355478

#SPJ11

For the greeting card store baby photo album, the total annual supply chain cost would be closest to

a.
$21,000

b.
$29,000

c.
$12,000

d.
$2,400

Answers

A supply chain refers to the method used by a corporation to obtain raw materials, goods, and services that it uses to manufacture and/or distribute a product. The total annual supply chain cost would is b. $29,000.

The phrase "supply chain" refers to the flow of products and services, from raw materials to the final product delivered to the consumer. Supply Chain Cost The costs that are involved in the supply chain can include many factors such as cost of materials, transportation, inventory, logistics, and more. Therefore, the total supply chain cost can vary from product to product. Now, let's see how to calculate the annual supply chain cost of the greeting card store baby photo album.

The formula to calculate Total supply chain cost = Annual ordering cost + Annual carrying cost + Annual material cost

Therefore, Annual ordering cost = (Annual demand/D) × S Annual ordering cost

= (24000/6000) × 1000

= $4,000

Annual carrying cost = (H × C × D)/2

Annual carrying cost = (2.5 × 10 × 24,000)/2

= $60,000

Annual material cost = C × D

Annual material cost = 10 × 24,000

= $240,000

Total Annual Supply Chain Cost = Annual ordering cost + Annual carrying cost + Annual material cost

Total Annual Supply Chain Cost = $4,000 + $60,000 + $240,000

= $304,000

Now, we have to find the closest option to the calculated Total Annual Supply Chain Cost.

The closest option to the Total Annual Supply Chain Cost is $29,000 which is option b.

To know more about Supply visit:

brainly.com/question/32556129

#SPJ11

Given the current economic climate (i.e., inflationary pressure) along with prices being elastic, what steps should management take to increase profitability and sales of its products assuming 80 percent capacity utilization? Specifically, you need to address how management will increase sales and profitability given the aforementioned factors.

Answers

In the current economic climate with inflationary pressure and elastic prices, management can take steps to increase profitability and sales of its products. This response will address strategies to enhance sales and profitability, considering the given factors.

To increase sales and profitability in an economic environment characterized by inflationary pressure and elastic prices, management can adopt several strategies:

Price optimization: Analyze the elasticity of demand for the products and adjust prices accordingly. Conduct market research to understand customers' price sensitivity and identify opportunities for price adjustments that maximize revenue while considering inflationary pressures.

Cost management: Evaluate and optimize operational costs to maintain profitability. This may involve identifying areas for cost reduction, streamlining processes, negotiating better supplier contracts, and implementing efficiency measures to improve the overall cost structure.

Product differentiation: Enhance product features, quality, and value proposition to differentiate from competitors. Focus on understanding customer needs and preferences and align product offerings accordingly. This can help capture market share and maintain or increase sales despite inflationary pressures.

Marketing and promotion: Develop effective marketing and promotional campaigns to increase product visibility and attract customers. This can include targeted advertising, social media marketing, influencer collaborations, and offering incentives or discounts to stimulate sales.

Customer retention and loyalty: Implement strategies to enhance customer loyalty and encourage repeat purchases. This can be achieved through loyalty programs, personalized customer experiences, excellent customer service, and maintaining strong relationships with existing customers.

Market expansion: Explore new markets or customer segments where demand may be less affected by inflationary pressures. This may involve entering international markets, diversifying product offerings, or targeting niche markets that are less price-sensitive.

It is important for management to regularly monitor and evaluate the effectiveness of these strategies, adapting them as necessary to navigate the changing economic conditions. By focusing on price optimization, cost management, product differentiation, marketing efforts, customer retention, and market expansion, management can work towards increasing profitability and sales despite inflationary pressures and elastic prices.

Learn more about differentiation here:- brainly.com/question/13958985

#SPJ11

If the world price of oil increases, what impact will this have on the welfare of an oil importing country like Germany? Use the Ricardian trade model assuming that Germany is specialized in the production of "Manufacturing Goods" and imports Oil to answer this. You can ignore the Foreign Country and just focus on Germany.

Answers

In the Ricardian trade model, if the world price of oil increases, it will have a negative impact on the welfare of an oil-importing country like Germany. Germany specializes in the production of "Manufacturing Goods" and imports oil. In the Ricardian model, it is assumed that countries specialize in the production of goods in which they have a comparative advantage.

This enables them to produce goods more efficiently, at a lower cost than other countries, and thus trade with them. Since Germany specializes in the production of manufacturing goods, it is assumed that it has a comparative advantage in this field, and it exports these goods to other countries. In contrast, it imports oil from other countries, assuming that it does not have an abundant supply of oil. If the price of oil increases in the world market, then the price that Germany pays for oil will increase. This will increase the cost of production for manufacturing goods, since oil is a necessary input in the production of these goods.

As a result, the price of manufacturing goods will increase, and Germany will export less of these goods to other countries, and may even reduce the production of these goods to compensate for the higher cost of production. This will reduce the welfare of Germany, as it will lead to a reduction in the amount of goods that it exports, and the higher prices will make it harder for German consumers to purchase these goods.

Therefore, if the world price of oil increases, it will have a negative impact on the welfare of an oil-importing country like Germany.

To know more about goods visit:

https://brainly.com/question/12802278

#SPJ11

The monthly demand for a product is normally distributed with mean of 1600 units and standard deviation of 200 units. 1. Find the probability that demand in a given month is between 1529 and 1631 units. The potential answers are: A: 42.1% B: 92.2% C: 47.8% D: 14.5% E: 20% 2. If at the beginning of a month 1624 units are stocked, what is the probability that demand exceeds this amount (experiencing stock-out)? The potential answers are: A: 4.5% B: 3.3% C: 4.1% D: 0.3% E: 45.2% 3. If we want to set the probability of stock-out at 2%, how many units shall we have in stock at the beginning of the month? The potential answers are: A: 2501 B: 1582 C: 1811 D: 1451 E: 2011

Answers

1. The probability that demand in a given month is between 1529 and 1631 units is approximately 47.8%.

2. If 1624 units are stocked at the beginning of the month, the probability that demand exceeds this amount (experiencing stock-out) is approximately 3.3%.

3. To set the probability of stock-out at 2%, the number of units that should be in stock at the beginning of the month is approximately 1582.

To find the probability that demand falls between 1529 and 1631 units, we need to calculate the z-scores for these values using the formula (X - mean) / standard deviation. Then, we can use a standard normal distribution table or a calculator to find the corresponding probabilities. The probability is approximately 47.8%.

To calculate the probability that demand exceeds 1624 units, we calculate the z-score for this value. Then, we find the area under the curve to the right of this z-score, which represents the probability of exceeding the given demand. The probability is approximately 3.3%.

To determine the number of units needed in stock to achieve a 2% probability of stock-out, we can use the inverse normal distribution function. By finding the z-score corresponding to a 2% probability, we can then calculate the corresponding demand value using the formula X = (z-score * standard deviation) + mean. The approximate number of units needed is 1582.

Learn more about stock, below:

https://brainly.com/question/31941564

#SPJ11

The monthly average cable TV bill in 2017 is $70.45. If cable costs are climbing at an annual rate of 6% per year, how much will the typical cable subscriber pay in 2021?

Answers

Given that,The monthly average cable TV bill in 2017 is $70.45. If cable costs are climbing at an annual rate of 6% per year, we are supposed to calculate how much the typical cable subscriber will pay in 2021.

Now, we can calculate the amount the typical cable subscriber will pay in 2021 as follows;

The cost of cable TV will increase every year at a rate of 6%.

Therefore, the price of cable TV after one year will be:Initial cost in 2017 + Increase in 1st year = $70.45 + 6% of $70.45 $70.45 + $4.23 = $74.68Then the price of cable TV after 2 years will be:Price of cable TV after 1 year + Increase in 2nd year = $74.68 + 6% of $74.68 = $79.19Price of cable TV after 3 years = $84.03Price of cable TV after 4 years = $89.22Price of cable TV after 5 years = $94.78

Therefore, the typical cable subscriber will pay $94.78 in 2021 since it will be 5 years after 2017 which is the base year.

Hence,  and the typical cable subscriber will pay $94.78 in 2021.

To know more about typical cable subscriber visit:

https://brainly.com/question/14919946

#SPJ11

Helo Save Maxim manufactures a cat food product Calea Green Hear Menim currently has 10.000 bags of Green Heath on hand. The variable production costs per gar $5.70 and to ed costs are $10.000 The cat food can be sold as it is for $9.05 per bag or be processed her into Premium Green and Green Daten additional $2.500 cost. The action processing will yield 30.000 bags of Premium Green and 3,100 bags of Grech Delure, which can be sold for Sa 05 and 56.05 per bag, respectively Green Houthis processed further into Premium Green and Green Deum, the total gross profit would be Mutiple Choice 360055 $99.355 597355 O S13

Answers

The processing Green Heath would result in a higher gross profit of $401,550.

Green Heath is processed further into Premium Green and Green Deum, which would result in a total gross profit of $360,055.
In order to answer this question effectively, let us take into account some key information. The production costs for a bag of Green Heath cat food are $5.70.

The product can be sold as is for $9.05 per bag, or it can be processed into Premium Green and Green Date for an additional $2,500.

The processing would yield 30,000 bags of Premium Green and 3,100 bags of Grech Delure, which can be sold for $15.05 and $16.05 per bag, respectively.

If Green Heath is processed further into Premium Green and Green Deum, the total gross profit would be $360,055.
The current inventory for Green Heath is 10,000 bags.

To determine the total gross profit for the current inventory, we need to look at two options: selling as is or processing.

The total cost of the Green Heath is (10,000 × $5.70) + $10,000 = $67,000.
If it is sold as is, the total revenue would be (10,000 × $9.05) = $90,500, and

the total gross profit would be $90,500 - $67,000 = $23,500.

If it is processed, the total revenue would be (30,000 × $15.05) + (3,100 × $16.05) = $471,050, and

the total gross profit would be $471,050 - $67,000 - $2,500 = $401,550.

To learn more about revenue click here https://brainly.com/question/29567732

#SPJ11

We have a robot that makes an item making stops at two stations.
Station 1 has a processing time of 12 minutes and has four servers available.
Station 2 has a processing time of 5 minutes but only has two servers.
Please assume that jobs arrive with a constant arrival rate.
1. What is the raw processing time, bottleneck rate, and Critical WIP?
2. What would the maximum utilization be at each station? What has to occur in order to achieve maximum utilization?
3. Now say we need to rework the second station 15% of the time. What does that do to our bottleneck rate and max util at each station?

Answers

1. Raw processing time:For calculating the Raw processing time, we use the formula Raw processing time = Total processing time for n units/ nwhere n is the number of units processed. Here, n is assumed to be 1. Raw processing time for station 1 would be the same as its processing time which is 12 minutes.

Raw processing time for station 2 would be 5 minutes.Bottleneck rate: The bottleneck rate is the maximum rate at which a system can produce output. For this system, the bottleneck rate would be determined by the station with the highest processing time, which is station

The bottleneck rate would be the inverse of the processing time. Therefore, bottleneck rate = 1/12 = 0.0833 units per minute.Critical WIP:The critical WIP can be calculated using the formula, critical WIP = bottleneck rate * cycle time. Here, cycle time = sum of all processing times. Cycle time = 12+5 = 17 minutes.

Thus, the critical WIP would be 0.0833 * 17 = 1.4166 which is approximated to 2 units.2. Maximum Utilization:In order to achieve maximum utilization, the station would have to process the units at the same rate as the bottleneck rate.

To know more about inverse visit:

https://brainly.com/question/30339780

#SPJ11

1–C.) Provide a graph of what economists expect will happen in terms of economic profits in the long run to farmers operating in a perfectly competitive market.

Answers

In a perfectly competitive market, economic profits are zero in the long run, as farmers will have to price their goods at the market equilibrium price. Therefore, in the long run, the economic profits for farmers operating in a perfectly competitive market are expected to be zero.

This is because of the following reasons:

In a perfectly competitive market, the products sold are homogenous, meaning that each farmer is selling the same product with no distinguishing features. This means that buyers will buy the goods from the supplier who sells them at the lowest price. Therefore, farmers have no market power, and they cannot influence the price of their products. In a perfectly competitive market, there are no barriers to entry or exit.

This means that new farmers can easily enter the market if there are profits to be made, and existing farmers can easily leave the market if they are making losses. As more farmers enter the market, the supply of the products increases, leading to a decrease in the market price. Conversely, if there are losses to be made, some farmers will leave the market, leading to a decrease in supply and an increase in the market price.

In the long run, when the market reaches equilibrium, the market price is equal to the average total cost of production. This means that farmers are only earning normal profits, and their economic profits are zero.In summary, in the long run, farmers operating in a perfectly competitive market are expected to earn zero economic profits as the market forces of supply and demand drive the market price to the equilibrium price, which is equal to the average total cost of production.

To know more about competitive market visit:

https://brainly.com/question/28791935

#SPJ11

Other Questions
The Sheridan Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $140 a night. Operating costs are as follows: Salaries $7,000 per month Utilities $1,000 per month Depreciation $900 per month Maintenance $2,804 per month Maid service $38 per room Other costs $74 per room Determine the inn's break-even point in number of rented rooms per month. Break-even point ____ roomsDetermine the inn's break-even point in dollars. Break-even point in ______ $ praise and critism should both be delivered as soon as possible because Ultrasound waves at intensities above 10 4W/m 2can do serious damage to living tissues. D I If 10 4W/m 2corresponds to 160 dB, what is the sound intensity level, in decibels, of ultrasound with intencity 10 5W/m 2, used to pulverize tiasue during surgery? = dB 1. Explain the concept of progressive taxation. Do you think that progressive taxation is "fair"? What economic arguments are made that it is fair or unfair?2. Conduct research on your topic using at least two outside sources in addition to using applicable theory from our textbook readings & citing your textbook (including page #s) in your bibliography. Please do not use wikis or blogs as resources.3. Write a Research Paper with a Body length of 2-3 pages using MLA style (minimum word count of 1000 words not counting title page, abstract, and bibliography). Please refer to MLA Works Cited: and citation/mla style/mla formatting and style guide/mla works cited electronic sources.html, for instruction on using MLA formatting for citations The individual that is the single point-accountable for successful execution of the project with the quality of work maintenance of schedule, within budget and profit margins and client satisfaction from commencement to close-out is the: . Project interface manager . Project manager . Interface coordinator Discipline lead 2- All of the following make up the PMI Talent Triangle except for which one . Leadership skills . Communication skills . Business management and strategic skills . Technical project management skills 3- can be considered as a filtering process in which the individuals perceive or make judgments by gathering specific information which is greatly influenced by their personal background, attitude, personal biases or prejudices etc. . Selective Processing of Information . Fear of the unseen and unknow future . Habits Lack of Acceptability 4-A project manager has just received acceptance of the final deliverable. What project management process are they likely to perform next? . Validate scope Close project or phase Control scope Develop project charter 5-You are in the process of facilitating a working session with the project team to decompose the project deliverables into smaller chunks of work. What process are you carrying out? Define scope Plan scope management Creates WBS Collect requirement 6-To complete the project initiating processes, a project manager needs the project charter and A project scope statement . A work breakdown structure . A scope management plan A identified stakeholders During our class discussion we reviewed the system flow of buying supplies and making payment for those items bought. In that process a "purchase requisition" would be a source document to facilitate which business step? O customer sale O receipt of goods O inventory purchase O purchase request Decide whether each of the following sentences is valid, satisfiable or unsatisfiable: a) Smoke Fire b) Smoke Smoke c) Smoke v Fire v Fire d) (Smoke Fire) (Smoke [Fire) Breaking up your customer segments into groups of common needsand problems would create which of the following markets?mass marketmarket nichesegmented marketdiversified market the temporomandibular joint is among the slightly movable joints of the skull.. true or false? Passing through (7,4) and (6,3) what is the point-slope form of the equation? calculate the coefficient of variation for a sample of cereal boxes with a mean weight of 340 grams and a standard deviation of 5.2 grams.? 0.15% A1.53% B15.29% C0.65% D Suppose the demand for electricity is given by MPB = 5000 Q, where MPB is the marginal private benefit when Q units are consumed. The marginal cost of supplying electricity is MC = 4Q. In addition, each unit consumed yields a marginal external cost equal to MEC = 1000.Find the price and quantity for electricity under the competitive equilibrium, that is, in the absence of any government intervention.ii. How many units of electricity will be consumed at the socially efficient outcome?Indicate the solutions you obtain in part (i) and (ii) on a properly labelled diagram. venture capitalists provide a source of debt financing and usually charge high interest for loans because of the high risk of the enterprises they finance. true or False generally, in comparison to a donee beneficiary, a creditor beneficiary has the financial sector end of chapter problem place each preference in the appropriate category based on whether you are better off investing in stocks or bonds. what is the molar concentration of a 15.00y weight sodium chloride solution whose density is 1.081 g/ml what is a key aspect of the work that palliative care doctors do? according to kant, moral obligations are hypothetical in nature. Question 7 (1 point) Just as with competitive firms, a the marginal revenue for a monopolist is always equal to the price. True False Question 8 (1 point) Just as with a perfectly competitive firm, a monopolist will select the profit- maximizing level of output where MR = MC. True False please helpGiven a normal distribution with =4 and a -2, what is the probability that Question: Between what two X values (symmetrically distributed around the mean) are 95 % of the values? Instructions Pleas