An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use . Factor A is method of loading and unloading; Factor B is the type of ride.

Set up the ANOVA table (to whole number, but p-value to 2 decimals and F value to 1 decimal, if necessary).

1. The EPA is considering an application from the state of Colorado for a large dam project on the Colorado River. The basic costs and benefits of the project (in inflation-adjusted dollar values) are as follows:

1. Do a formal Cost-Benefit Analysis (CBA) using the quantifiable factors listed above. Assume that the operating lifespan of the dam is 30 years. Assume construction begins in year 1. All other impacts start when the dam is completed (at the beginning of Year 4) and continue for 30 years, which implies the full lifespan for the project is 33 years.
2. Using the same parameters and results from part (a.), adjust the interest rate to determine the level of discounting necessary to just break even. (Hint: I would start by changing the interest rate in 1% increments and then refine the changes as you get close to the break-even point.) What does this increase or decrease in interest rate imply about the relationship between costs and benefits over time?
3. Finally, holding constant the analysis you did in part (c.) what happens when you increase the acre-foot price of irrigation water from $700 to $1500 and/or the price per kilowatt hour of electricity from $0.125 to $0.15?

Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) that follow.

1. Determine whether the costs in the table are variable, fixed, mixed, or none of these.

Points:

3 / 3

2. For each cost, determine the fixed portion of the cost, and the per-unit variable cost. If there is no amount or an amount is zero, enter "0". Recall that, for N = Number of Units Produced, Total Costs = (Variable Cost per Unit x N) + Fixed Cost. Complete the following table with your answers.

Use the Dynamic Exhibit to answer the following questions.

1. When the number of units produced is 5,000, the total direct materials cost is $ and the cost per unit is $.

2. When the number of units produced is 15,000, the total direct materials cost is $ and the cost per unit is $.

3. When the number of units produced is 25,000, the total direct materials cost is $ and the cost per unit is $.

4. When the number of units produced is 30,000, the total direct materials cost is $ and the cost per unit is $.

Use the Dynamic Exhibit to answer the following questions. Round your answers to two decimal places, if necessary.

1. When the number of units produced is 50,000, the total fixed cost is $ and the cost per unit is $.

2. When the number of units produced is 100,000, the total fixed cost is $ and the cost per unit is $.

3. When the number of units produced is 150,000, the total fixed cost is $ and the cost per unit is $.

4. When the number of units produced is 300,000, the total fixed cost is $ and the cost per unit is $.

How likely do you think it is that self-service will become the dominant mode of customer problem resolution in the near or distant future? Support your answer with facts and examples from the text.

What are the different methods used to show a function is equal to its Taylor series near its center. In particular discuss Taylor’s inequality and how it can be used. Give a detailed example.

What factors influence a firm’s choice between (i) home production & exporting, (ii) direct foreign investment to set up a factory near customers, and (iii) licencing a foreign producer.

Discuss how dress code standards for health care companies have changed over the years. Identify some of the current standards that you believe will change in the near future and explain why.

he​ firm's markup is the amount by which​ _______ at the equilibrium quantity.

A.

price exceeds marginal cost

B.

price exceeds average total cost

C.

average total cost exceeds average variable cost

D.

marginal cost exceeds average total cost

1. Suppose that you are interested in the costs of producing inpatient services at Massachusetts General Hospital:

1. Complete the above table.
2. Draw marginal product and average product curves in one graph.
3. Draw marginal cost, average total cost, and average variable cost curves in one graph.
4. What is the relationship between marginal product and marginal cost curves?
5. What is the relationship between average product and average variable cost curves?

1. Which of the following statement is true?
A. AVC = TC/Q
B. MC equals the change in ATC divided by the change in Q.
C. TFC = TC- TVC
D. TC = TFC- TVC

2. If the marginal cost o the 5,000 unit is $0.06 an the average total cost of the 5,000 unit is $0.10;
A. Average variable cost is falling
B. Average total cost is falling
C. Total cost I falling
D. Average fixed cost is rising

3. If the marginal cost of the 10th unit o output is $15 and the average total cost o the 10th unit of output is $15,
A. Average total cost is increasing at 10 units of output
B. Average total cost is decreasing at 10 units of output
C. Average total cost is minimized at 10 unit of output
D. Average total cost is maximized at 10 units o output

4. Implicit cost are:
A. The opportunity cost of using resources owned by the entrepreneur in his/her own business.
B. Those payments the business owner makes in cash
C. Payments the business owner must make on borrowed founds
D. Cost which vary as the level of output varies