Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $170,000. Variable processing costs are estimated to be $5 per book. The publisher plans to sell single-user access to the book for $45.

Through a series of web-based experiments, Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand = 4,000 - 6p, where p is the price of the e-book.

J&R Construction Company is an international conglomerate with a real estate division that owns the right to erect an office building on a parcel of land in downtown Sacramento over the next year. This building would cost $51 million to construct. Due to low demand for office space in the downtown area, such a building is worth approximately $50 million today. If demand increases, the building would be worth $52.2 million a year from today. If demand decreases, the same office building would be worth only $49 million in a year. The company can borrow and lend at the risk-free annual effective rate of 3 percent. A local competitor in the real estate business has recently offered $565,000 for the right to build an office building on the land.

What is the value of the office building today? Use the two-state model to value the real option. (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)

What two parameters are involved in risk assessment?​

Group of answer choices:   

a. Cost and impact

b. Probability and impact

c. Frequency and probability

d. Duration and probability

_______________________________________

What type of 3PL originated from the public or contract warehousing business?

Group of answer choices:   

a. Forwarder based

b. Financial based

c. Distribution based

d. Transportation based

____________________________

What type of 3PL traces their origin to freight movement via truck, rail, or other?​

Group of answer choices

a. Forwarder based

b. Financial based

c. Distribution based

d. Transportation based

______________________________

Water transportation is attractive to shippers for the movement of which commodities?​

Group of answer choices

a. automobiles and construction machinery

b. large, bulky and oversized shipments

c. basic raw materials

d. inventory items

___________________________________

What do the majority of rail movements involve?​

Group of answer choices

a. manufactured goods

b. bulk liquids and coal

c. low value, heavy commodities

d. consumer goods

COURSE: PURCHASING   

Consider a home mortgage of ​$175,000 at a fixed APR of 4.5​% for 20 years.

a. Calculate the monthly payment.

b. Determine the total amount paid over the term of the loan.

c. Of the total amount​ paid, what percentage is paid toward the principal and what percentage is paid for interest.

How can effective federal funds rate can affect real GDP? How can real GDP affect effective federal funds rate? if the percentage in real GPD increases will the percentage in effective federal funds rate decrease or increase? Please provide examples.

A Peruvian human sacrificial temple, near Lima, Peru, has three
levels, levels J, M, and H, where tourists have the only access to
the temple.
The probabilities that a tourist visiting the temple will visit the
different levels are:
Visit level J: 0.74
Visit level M: 0.70
Visit level H: 0.62
Visit levels J and M: 0.52
Visit levels J and H: 0.46
Visit levels M and H: 0.44
Visit levels J and M and H: 0.34.
Find the probabilities that a person visiting the temple will:
A. Visit level M given that he will go to level J.
B. Visit level H given that he will go to level J and level M.
C. Not visit level J given that he will visit level M and/or visit
level H.
D. Visit level H and visit level J given that he will not visit level
M.

Study Guide #2

Thirty-three small communities in Connecticut (population near 10,000 each) gave an average of x = 138.5 reported cases of larceny per year. Assume that ? is known to be 42.9 cases per year.

(a) Find a 90% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)

(b) Find a 95% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)

(c) Find a 99% confidence interval for the population mean annual number of reported larceny cases in such communities. What is the margin of error? (Round your answers to one decimal place.)

(d) Compare the margins of error for parts (a) through (c).

As the confidence levels increase, do the margins of error increase?

As the confidence level increases, the margin of error increases.

As the confidence level increases, the margin of error remains the same.  

As the confidence level increases, the margin of error decreases.

(e) Compare the lengths of the confidence intervals for parts (a) through (c).

As the confidence levels increase, do the confidence intervals increase in length?

As the confidence level increases, the confidence interval increases in length.

As the confidence level increases, the confidence interval decreases in length.    

As the confidence level increases, the confidence interval remains the same length.

Account Analysis Method

Penny Davis runs the Shear Beauty Salon near a college campus. Several months ago, Penny used some unused space at the back of the salon and bought two used tanning beds. She hired a receptionist and kept the salon open for extended hours each week so that tanning clients would be able to use the benefits of their tanning packages. After three months, Penny wanted additional information on the costs of the tanning area. She accumulated the following data on four accounts:

Penny decided that wages and equipment depreciation were fixed. She thought supplies and maintenance would vary with the number of tanning visits and that electricity would vary with the number of tanning minutes.

Required:

1. Calculate the average account balance for each account. Calculate the average monthly amount for each of the two drivers. (Round all answers to the nearest dollar or the nearest whole unit.) Use your rounded answers in all subsequent computations.

2. Calculate fixed monthly cost and the variable rates for the account averages. Round your answers to the nearest cent and use your rounded answers in all subsequent computations.

Express the results in the form of an equation for total cost. (Round to the nearest cent.)

3. In April, Penny predicts there will be 342 visits for a total of 3,720 minutes. What is the total cost for April? If required, round your answer to the nearest dollar.
$

4. Suppose that Penny decides to buy a new tanning bed at the beginning of April for $9,552. The tanning bed is expected to last four years and will have no salvage value at the end of that time.

What will be the new equation for total cost? If required, round your answers to the nearest cent.

Cost = $ + $ (visit) + $ (minute)

What is the new expected cost in April based on the prediction provided in Requirement 3 (above)? When required, round your answer to the nearest dollar.
$

The Prairie Island nuclear power plant near Red Wing, Minnesota, produces about 2×10⁹watts. A watt is one Joule per second.

b. Calculate the Joules of energy produced by the Prairie Island plant in one day.

c. Recall that E = m c². Use E from part b. Calculate m, the minimum mass that was converted to energy in one day. (Because of inefficiency, the actual mass converted must be larger.)

d. During fission of U-235, 0.1% of uranium's mass is converted to energy.  What mass of U-235 is required for the mass loss you calculated in part c?

e.  Combustion of bituminous coal produces 30 kJ/g (Chemistry in Context Table 5.2). That is heat, not electrical power, but ignore inefficiency and suppose that all the heat is converted to electrical energy. What mass of coal will produce the daily energy calculated in part b?