In: Operations Management
Cruise Company produces a part that is used in the manufacture of one of its products. The unit manufacturing costs of this part, assuming a production level of 6,000 units, are as follows: Direct materials $4.00 Direct labour $4.00 Variable manufacturing overhead $3.00 Fixed manufacturing overhead $4.00 Total cost $15.00 The fixed overhead costs are unavoidable. 6. Assuming Cruise Company can purchase 6,000 units of the part from Suri Company for $13 each, and the facilities currently used to make the part could be rented out to another manufacturer for $24,000 a year, what should Cruise Company do? a. Make the part and save $6.00 per unit. b. Make the part and save $2.00 per unit. c. Buy the part and save $2.00 per unit. d. Buy the part and save $4.00 per unit.
In: Accounting
You are an analyst working for the life cycle manager of a particular type of cruise missile. Periodically, the inventory of cruise missile engines must be certified and part of the certification requires testing a sample of missile engines then calculating a confidence interval for the true mean flight speed (μ in mph). Based on prior tests, it is appropriate to assume that the missile’s flight speed is normally distributed with known standard deviation, σ=20 mph.
Twenty-five cruise missiles are tested on a range with an average flight speed of?1=375 mph. You are tasked to calculate a 90 percent confidence interval for ?.
Fill in the table to help document your work:
sigma |
|
n |
|
y-bar |
|
se(y-bar) |
|
CI |
|
alpha |
|
alpha/2 |
|
Z, alpha/2 |
|
Half-width (margin of error) |
|
Upper Bound |
|
Lower Bound |
In: Statistics and Probability
You are the CEO of a vacation cruise company that provides cruise service between Seattle WA to Anchorage AK. To provide this service, you use two inputs: ships and attendants. The table below describes the combinations of inputs required to produce cruises service. Assume that a ship costs $1 million dollars and that each attendant costs $1,000. The ship can make multiple cruises (and note that currently, your company owns only one ship).
Fill in the remaining columns.
This is per cruise ATC and MC:
Ships |
Attendants |
Cruises |
TC |
TFC |
TVC |
ATC |
MC |
1 |
100 |
1 |
|||||
1 |
200 |
2 |
|||||
1 |
300 |
3 |
|||||
1 |
400 |
4 |
|||||
1 |
500 |
5 |
|||||
1 |
600 |
6 |
|||||
1 |
700 |
7 |
|||||
1 |
800 |
8 |
|||||
1 |
900 |
9 |
|||||
1 |
1000 |
10 |
In: Economics
In this module, you have reviewed acoustic and radio sensors. Although they are both passive sensors, they function very differently. Given what you have learned about these sensor types, identify the strengths, weaknesses, and several example applications for both. Which do you think has the most potential for early UAS commercial operations in America and why? Can you identify any needs for additional development to make these sensors more viable for widespread integration with UAS, particularly small platforms? Be sure to consider issues related to noise, interference, effective range, etc.
In: Physics
North America |
Europe |
Rest of World |
Total |
|
Children’s Toys |
5,400 |
2,700 |
900 |
9,000 |
Games |
4,200 |
2,700 |
1,100 |
8,000 |
Other |
1,300 |
900 |
800 |
3,000 |
Total |
10,900 |
6,300 |
2,800 |
20,000 |
Let us assume that these are representative of the pattern of orders that they anticipate seeing in 2018.
In: Statistics and Probability
Respond to the following prompts in a post with a minimum of 250 words, then comment on at least TWO other posts. Respond to the posts indicating your agreement or disagreement with their position and why. Feel free to bring in additional references to these reply posts.
PROMPTS:
Many opponents of free trade use the following example to illustrate its negative effects: Joe Smith started the day early having set his alarm clock (MADE IN JAPAN) for 6AM. While his coffeepot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE) and tennis shoes (MADE IN KOREA). After cooking his breakfast in his new electric skillet (MADE IN INDIA) he sat down with his calculator (MADE IN MEXICO) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car (MADE IN GERMANY) filled it with gas from SAUDI ARABIA and continued his search for a good paying AMERICAN JOB. At the end of yet another discouraging and fruitless day he checked email on his computer (MADE IN MALAYSIA) then decided to relax for a while. He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE) and turned on his TV (MADE IN INDONESIA), and then wondered WHY he can’t find a good-paying job in America.
QUESTION: Should America encourage free trade with its trading partners or seek a more protectionist approach? Take a stand on this issue. It is not enough to argue BOTH sides of the issue. Support your opinion with good economic reasoning. Who benefits from your approach and who loses? Why? Include impacts on both American citizens and the citizens of the other countries with whom we (U.S.) trade. If your home country is outside the U.S. indicate the possible impact of your stand (favoring either free trade or trade protectionism) on your country. Some common search topics include employment, tariffs, quotas, and free trade agreements. Find a recent news article or editorial (past 12 months) that supports your point of view. Summarize the article, indicate how it supports your answer to #1, and include the URL.
EDIT:::::::: Can someone please help me out by explaining the prompt?
thanks in advance, Chegg friends.
In: Economics
1. Assume the rate of interest on USD deposits is 5% and the rate of interest on French deposits is 3% which of the following is likely to occur?
The USD will appreciate |
||
the Euro will appreciate |
||
the USD will depreciate |
||
There will be no change to the exchange rate |
2. The equilibrium real exchange rate is the rate at which ?
the cost of domestic goods is equal to the cost of foreign goods measured in the same currency |
||
the exchange rate that benefits exporters the most |
||
the exchange rate that benefits importers the most |
||
the exchange rate that ensures capital inflows of investment |
3. The price of a T-shirt made in China is 40RMB. The price of a T-shirt made in America is $75.00 Assuming an USD:RMB echange rate of 1.5, what does this imply Americas real exchange rate?
The real exchange rate is overvalued, America will have a trade deficit |
||
The real exchange rate is undervalued, America will have a trade surplus |
||
The real exchange rate is in equalibrium. |
||
American consumers would be better off buying good made by other americans |
4.
If you had $100 invested in a German bank earing 3% interest and the USD was expected to depreciate by 5% what would be your overall expected rate of return on this investment?
3% |
||
8% |
||
5% |
||
Impossible to tell without knowing the current exchange rate |
In: Economics
The United States, as it began its long and successful growth in the early 19th century, consciously promoted domestic production through such activities as tariffs, Clay's American System, and many direct subsidies to railroads, canal companies, farmers (free land) etc. Today we view this blatant example of large scale and extensive import-substitution industrialization as having been very successful. Comment fully on this statement.
In: Economics
Deborah Smith wants to go on a cruise to celebrate her 60th birthday. She wants to know how much she needs to deposit today in savings account that pays 6% interest, compounded quarterly, in order to accumulate $5,000 for the cruise in five years. She should use a table for the:
Multiple Choice
Future Value of an Ordinary Annuity of $1
Future Value of an Annuity Due of $1
Present Value of $1
Present Value of an Ordinary Annuity of $1
In: Accounting