2. A city is hosting an annual marathon event and wants to produce t-shirts. Maria was able to obtain previous years’ demand and probability data as given in below table. She also estimates:
Selling price is $10, cost is $3, and the salvage value is $1.
Calculate all numbers in the payoff table. Show all work. How many shirts should be made to maximize profit?
|
Demand = 1000, 20% |
Demand = 2000, 30% |
Demand = 3000, 30% |
Demand = 4000, 20% |
Profit |
|
|
Make 1000 |
|||||
|
Make 2000 |
|||||
|
Make 3000 |
|||||
|
Make 4000 |
In: Statistics and Probability
Construct the following network(AOA) and determine the minimum total cost to complete the project if indirect cost is Rs.1500 per day.
|
Activity |
NT |
CT |
NC |
CC |
|
1-2 |
6 |
4 |
6000 |
7800 |
|
1-3 |
7 |
4 |
3000 |
4200 |
|
2-3 |
4 |
1 |
5000 |
9200 |
|
2-5 |
6 |
5 |
6000 |
7500 |
|
3-4 |
7 |
3 |
2000 |
6800 |
|
4-5 |
3 |
1 |
2000 |
4000 |
|
4-6 |
7 |
3 |
4000 |
5600 |
|
5-6 |
5 |
4 |
3000 |
4100 |
In: Operations Management
A company that was to be liquidated had the following liabilities:
|
|
10000 |
|
Note Payable (secured by building) |
200000 |
|
Account Payable |
100000 |
|
Salaries (Ahmed 20000 and Salem 2000) |
22000 |
|
Bond payable |
90000 |
|
Admin expenses for liquidation |
30000 |
The company had the following assets:
|
Item |
Book-value |
Fair value |
|
Current Assets |
100000 |
45000 |
|
Pre-paid Assets |
2000 |
1800 |
|
Building |
180000 |
155000 |
|
Land |
120000 |
150000 |
Maximum employees’ payment does not excess $12475.
a. Calculate total assets available to pay liabilities with
priority and unsecured creditors?
In: Accounting
An Analyst wants to know if there was a significance difference in the average of hours worked in a week from 2000 (Group 1) to 2004 (Group 2). He gathers all the data from the General Social Survey, and lists the following summary statistics from the sampling.
|
Year |
2000 |
2004 |
|
Mean |
27.34 |
48.12 |
|
Std. Dev |
10.11 |
19.23 |
|
Unweighted n |
43 |
54 |
Source: General Social Survey (sda.berkeley.edu )
What is the correct null hypothesis?
Ho: mu2004-mu2000 < 0
Ho: mu2004-mu2000 does not equal 0
Ho: mu2000-mu2004 > 0
Ho: mu2004-mu2000 = 0
In: Math
An economy has full-employment output of 1500. Suppose desired
consumption and desired investment are
?? = 125 + 0.75(? − ?) − 400?
?? = 200 − 100?
G is the level of government purchases, and T=100
Money demand is
?? ?
= 0.8? − 2000(? + ??)
where the expected rate of inflation, ??, is 0.05. The nominal
supply of money M = 2000.
2. Asset market equilibrium and the LM curve.
i) Derive the LM curve when the price level is equal to the
solution in part (h) [Hint: Use the price level from the part (2-h)
to get the real money supply]
Solution in part H is P = $2
In: Economics
Determining Effects of Stock Splits
Oracle Corp has had the following stock splits since its
inception.
| Effective Date | Split Amount |
|---|---|
| October 12, 2000 | 2 for 1 |
| January 18, 2000 | 2 for 1 |
| February 26, 1999 | 3 for 2 |
| August 15, 1997 | 3 for 2 |
| April 16, 1996 | 3 for 2 |
| February 22, 1995 | 3 for 2 |
| November 8, 1993 | 2 for 1 |
| June 16,1989 | 2 for 1 |
| December 21, 1987 | 2 for 1 |
| March 9, 1987 | 2 for 1 |
a. If the par value of Oracle shares was originally $2, what would
Oracle Corp. report as par value per share on its 2015 balance
sheet?
Compute the revised par value after each stock split.
Round answers to three decimal places.
| Revised Par | |
|---|---|
| Effective Date | Value |
| March 9, 1987 | $Answer |
| December 21, 1987 | $Answer |
| June 16, 1989 | $Answer |
| November 8, 1993 | $Answer |
| February 22, 1995 | $Answer |
| April 16, 1996 | $Answer |
| August 15, 1997 | $Answer |
| February 26, 1999 | $Answer |
| January 18, 2000 | $Answer |
| October 12, 2000 | $Answer |
b. On May 10, 2016, Oracle stock traded for about $60. All things
equal, if Oracle had never had a stock split, what would a share of
Oracle have traded for that same day?
Round answer to the nearest dollar.
$Answer
In: Accounting
Python to analyze weather data from a file. First, go to this Minnesota Dept. of Natural Resources web page, which displays weather data for Minneapolis on each day of the year 2000. Click the CSV link to download a file containing the data. The file is a “comma-separated values” text file of weather data. The first few lines look like this:
"Date","Maximum Temperature degrees (F)","Minimum Temperature... "2000-01-01","35.0","24.0","T","0.00","0.00" "2000-01-02","35.0","29.0","0.04","0.50","0.00" "2000-01-03","29.0","24.0","T","T","0.00"
The first line of the file contains column headings, and each of the remaining lines contain weather data for one specific day. These lines contain a date followed by the high temperature, low temperature, precipitation, snowfall, and snow depth recorded on that day. A value of “T” indicates a “trace” amount of precipitation or snowfall, which you can regard as zero.
Write some Python code to load the data from the file into one or more NumPy arrays. Then compute the following:
Compute the average high and low temperatures for each month. For example, the average high temperature for January is the average of the high temperatures for all 31 days in January.
Compute the number of days each month that received no precipitation. (Regard a “trace” amount of precipitation as zero precipitation.)
Compute the total snowfall for each month. (Again, regard a “trace” amount as no snowfall.)
Find the day that had the greatest difference between the high and low temperature for that day.
In: Computer Science
NO WIKI or PLAGIARIZING!!
Reflect on the concepts of linear and non-linear systems. What concepts (only the names) did you need to accommodate the concept of linear and non-linear systems in your mind? What are the simplest linear system and non-linear system you can imagine? In your day to day, is there any occurring fact that can be interpreted as linear systems and non-linear systems? What strategy are you using to get the graph of linear systems and non-linear systems?
In: Advanced Math
Suppose demand for and supply of labour in Australia are
Demand: LD = 2000 – 50W
Supply: LS = 1000 + 50W,
where, Demand and Supply are expressed in total hours worked per
week, and W = hourly wage rate (dollars per hour).
a) What would be the equilibrium hourly wage rate and quantity of labour employed in the absence of any government intervention in the market?
b) At the market equilibrium, what are the elasticities of
labour demand and supply?
c) Suppose that the Australian government introduces a wage subsidy
of $2 per hour for workers. What will be the effect on the market
outcome?
d) Draw a graph to illustrate your answers to parts a) and c).
In: Economics
In: Finance