Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

problem: Oceanic Pacific Company has decided to conduct a series of experiments to determine the value of tuna that could be caught with different crew sizes. The results of these experiments are as follows:

Crew Number

Daily Tuna Catch (kilograms)

0

0

1

50

2

110

3

300

4

450

5

590

6

665

7

700

8

725

9

710

[A] Assume an excess of tuna causes the price to fall to $2.75/ kilogram. Estimate the effect would this have on the number of crew members used per boat? Assume the price rose to $5.00/kilogram. What effect would this have on hiring crew members? Show all work to receive full credit.

[B] Assume that the company needs to keep up with demand which is estimated to be 1,000 kilograms per day. Given the preceding data, estimate the company do to meet this demand?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M917781

Have any Question? 


Related Questions in Basic Finance

Evaluate visuals used for a presentationattend a business

Evaluate visuals used for a presentation. Attend a business meeting, a city council meeting, a student council meeting, a business conference, an executive lecture presentation, or some other event where oral presentatio ...

1 describe and contrast the role of rfdc and rfid for

1. Describe and contrast the role of RFDC and RFID for logistics and supply chain applications. 2. Discuss the relative benefits of software purchase, use of third-party providers, and use of application service provider ...

Sports corp has 115 million shares of common stock

Sports Corp has 11.5 million shares of common stock outstanding, 6.5 million shares of preferred stock outstanding, and 2.5 million bonds. If the common shares are selling for $26.5 per share, the preferred shares are se ...

Compute probabilitiesthenbsparea under the normal

Compute probabilities. The area under the normal curve from x = a to x = b with given mean and standard deviation is the probability that x assumes a value between x = a and x = b. If we are using Table IV in Appendix C, ...

1 what is the primary logic behind potential separation of

1. What is the primary logic behind potential separation of marketing and logistics channel structure? 2. How does the risk related to inventory compare among manufacturers, wholesalers, and retailers? 3. Why wouldn't a ...

A company has 1 00000 to invest in new rampd projects the

A company has $1, 00,000 to invest in new R&D projects. The company wants to determine what set of projects should be selected.   The following table summarizes the initial cost and revenue potential for each of the proj ...

Assignment exploring the sec 10-kwe are going to explore

Assignment: Exploring the SEC 10-K We are going to explore our company's SEC-10K. For most, if not all classmates, this will be the first time you have ever seen or read this type of report. Note: the SEC 10-K is an audi ...

According to an article in the wall street journal in late

According to an article in the Wall Street Journal, in late 2009, "Between Dec. 9 and 11, some big European and U.S. banks made bearish calls on the euro by buying one-year euro ‘puts.'" a. What is a "bearish call"? b. W ...

Explain how a protective put is like purchasing insurance

Explain how a protective put is like purchasing insurance on a stock ? Why is choosing an exercise price on a protective put like deciding which deductible to take on an insurance policy? Discuss and compare the two bull ...

Capital-budgeting criteriathe net present value npv of a

Capital-Budgeting Criteria The net present value (NPV) of a project is a measure of the difference between the project's value and its cost. The internal rate of return (IRR) is another measure of the project's attractiv ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro