+61-413 786 465
info@mywordsolution.com
Home >> Business Economics
Suppose the cost function of making jackets is C(x)= x^2 - 50x+1500. How many jackets should you make to minimize the cost of the jackets? How much would be the minimum cost?
Business Economics, Economics
Priced at $20 Now at $10, Verified Solution
A company making refrigerators strives for the internal temperature to have a mean of 37.5 degrees with a standard deviation of 0.6 degrees, based on samples of 100. A sample of 100 refrigerators have an average temperat ...
1. Suppose that the total benefit and total cost from a continuous activity are, respectively, given by the following equations: B(Q) = 100 + 36Q - 4Q2 and C(Q) = 80 + 12Q. [Note: MB(Q) = 36 - 8Q and MC(Q) = 12.] a. Writ ...
Event A occurs with probability 0.4. If events A and B are not disjoint, then a P ( B ) 0.6 b P ( B ) ≥ 0.6. c P ( B ) > 0.6. d P ( B ) Step 1: You are tossing a balanced die that has probability of coming up ...
"My null hypothesis relates to shipping costs being higher for critical orders than low priority orders. So u1 - u2 less than or equal to 0 is null hypothesis and right-tailed t-test. What I am unsure of is which is the ...
Assume that 8% of people have AB blood. A hospital blood bank needs ABblood so the blood bank begins checking potential donors. Use this Excel file geometric probabilities (enable the macro after opening the file) or thi ...
Determine the minimum sample size required when you want to be 98% confident that the sample mean is within two units of the population mean. Assume a standard deviation of 7.55 in a normally distributed population.
Two manufacturing firms are located on the banks of the Crimea River. Riditna Paper withdraws river water for use in its paper mill, and returns it, along with waste effluent, back into the river. (Effluent is a co-produ ...
The attractiveness of a country as a market or investment site depends on balancing the likely long-term benefits of doing business there, against the likely costs and risks. What do you consider are the determinants of ...
If 63 tickets are sold and 2 prizes are to be awarded, find the probability that one person will win 2 prizes if that person buys 2 tickets. Use a graphing calculator and round the answer to six decimal places. P(win bot ...
In a survey of first graders, their mean height was 49.9 inches with a standard deviation of 3.15 inches. Assuming the heights are normally distributed, what height represents the first quartile of these students?
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.
Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As