Daytona Company operates three divisions, L, M, and Z. The following
information is available for the most recent month:

Daytona Company:
Variable costs .............    $281,000
Common fixed costs .........    $ 92,000
Net income .................    $136,000

Division L:
Traceable fixed costs ......    $ 28,000

Division M:
Sales revenue ..............    $190,000
Contribution margin ........    $ 57,000
Segment margin .............    $ 46,000

Division Z:
Variable costs .............    $ 92,000
Variable costs .............    40% of sales
Segment margin .............    $106,000

Calculate the sales revenue reported by Division L during the most
recent month.

Daytona Company operates three divisions, L, M, and Z. The following
information is available for the most recent month:

Daytona Company:
Variable costs .............    $281,000
Common fixed costs .........    $ 92,000
Net income .................    $136,000

Division L:
Traceable fixed costs ......    $ 28,000

Division M:
Sales revenue ..............    $190,000
Contribution margin ........    $ 57,000
Segment margin .............    $ 46,000

Division Z:
Variable costs .............    $ 92,000
Variable costs .............    40% of sales
Segment margin .............    $106,000

Calculate the sales revenue reported by Division L during the most
recent month.

Daytona Company operates three divisions, L, M, and Z. The following
information is available for the most recent month:

Daytona Company:
Variable costs .............    $281,000
Common fixed costs .........    $ 92,000
Net income .................    $136,000

Division L:
Traceable fixed costs ......    $ 28,000

Division M:
Sales revenue ..............    $190,000
Contribution margin ........    $ 57,000
Segment margin .............    $ 46,000

Division Z:
Variable costs .............    $ 92,000
Variable costs .............    40% of sales
Segment margin .............    $106,000

Calculate the sales revenue reported by Division L during the most
recent month.

.   From the hypothetical market demand schedule in the table, determine the total revenue. On two graphs, plot the demand schedule and total revenue. Find the elasticity of market demand between the points (A and B, B and C, etc) and indicate whether the price elasticity of demand is elastic, inelastic, or unitary elastic. Please show all work to receive full marks.
Alternative or point   Price
(in $)   Quantity demanded
(million units/year)
A   $3.50   1
B   3.00   2
C   2.50   3
E   2.00   4
F   1.50   5
G   1.00   6
H   0.50   7

b.   Assuming the current price is $2.50, if a firm wishes to increase total revenue, should they increase or decrease price?

Researchers at the University of Pennsylvania studied the humor of late-night comedians Jon Stewart, Jay Leno, and David Letterman. Between July 15 and September 16, 2004, they performed a content analysis of the jokes made by Jon Stewart during the “headlines” segment of The Daily Show and by Jay Leno and David Letterman during the monologue segments of their shows. (We will consider this a random sample of all their jokes.) A summary of the data that they gathered was:  

• Leno: 315 of the 1313 jokes were of a political nature

• Letterman: 136 of the 648 jokes were of a political nature

• Stewart: 83 of the 252 jokes were of a political nature

When this test is run a p-value = 0.0008 is found. Follow-up confidence intervals for all the pairwise differences in proportions are shown below. Explain what information these confidence intervals give you as to which comedian tells a higher proportion of political jokes than the others in the long run and which ones aren’t significantly different (if any).  

• -0.009 to 0.069: Leno – Letterman

• -0.152 to -0.027: Leno – Stewart

• -0.185 to -0.054: Letterman – Stewart

You have been hired to test whether the demand for a product that your client produces varies between two demographic markets – the Urban and Rural markets.

As such, in each market, you run a short survey that gauges customers demand for your product and assigns them to one of three categories – (i) High (ii) Medium or (iii) Low.

You survey 70 people in the “Urban” market and find that their demand falls into the following “buckets”

High                       32

Medium              20

Low                        18

You survey 30 people in the “Rural” market time. Their demand for the product its reflected below.

High                       8

Medium               10

Low                       12

The Null hypothesis that you are asked to test is that "the demand for the product is INDEPENDENT of the whether the market is Urban or Rural.”

1.) CALCULATE THE TEST STATISTIC FOR THE NULL HYPOTHESIS ABOVE

Enter that answer below as a number with two significant decimal places (such as 8.94 or 2.34 or 213.45)

2.) what is the correct number of degrees of freedom for the Chi-Square distribution?

Lemon Motors sells vehicles of dubious quality to debatably discerning customers. They've asked you to write an app that determines sales prices. Users will type a vehicle price in a text box. In other objects on your screen, users will select if they want: • Rust proofing for $500 • Extended warranty for $2000 • Pin striping for $250 When the calculate button is clicked, the following results will be displayed: • The total amount of the three add-ons listed above • The random discount, which is anywhere between 0% to 15% of the vehicle price • The subtotal, which is the vehicle price, plus add-ons, minus the discount. • A $300 service fee, which is added to all car sales • The sales tax, which is 10% of the subtotal • The final sale price, which is the subtotal plus tax and service fee. All results are shown in local currency. All result labels should clear when a change is made to any object that captures user data. (using visual studio 2015) Need help with the coding

Consider the following short cases. Connect each case with one of the three location techniques we talked about in class (linear programming, centroid or factor rating), answer the related question and explain why:

Lynn, Inc. is trying to locate a customer service center in a suburban area. They have population data for the various suburbs and villages around their area. They are interested in locating the center centrally with minimum distance between customers and the service center. In this technique two factors come into play – distance and _______. What is the missing word?

1. Fran, Inc. is trying to locate a distribution center for their products that they distribute to retail stores. Shipping cost is a major concern and the firm would like to minimize it. In this technique two factors come into play – shipping cost and ______. What is the missing word?
2. Orch is an insurance company that wants to relocate its headquarters. Managers are concerned with a number of items including education system, quality of life, tax rates and many others. There are two parts to the quantitative evaluation of this situation – they are ______ and _______ .