(c) Concise Limited makes a component for one of the engines that it builds. It uses, on average, 2,000 of these components, steadily throughout the year. The component costs $16 per unit to make and it costs an additional $320 to setup the production process each time a batch of components is made. The holding cost per unit is 10% of the unit production cost. The company makes these components at a rate of 200 per week, and the factory is open for 50 weeks per annum. Calculate the Economic Batch Quantity EBQ. (d) List and explain seven key purposes of a budgeting system. (e) Briefly explain any four (4) approaches to budgeting
In: Accounting
1. Consider the market for ice-cream. Compare the price elasticity demand for ice cream in
(i) Winter vs (ii) Summer.
Show your answers in two graphs.
2. For the market for oranges, when price rises from $4 to $5, quantity demanded drops from 8 to 7.
(a) Calculate the price elasticity of demand.
(b) Is the demand for oranges elastic?
In: Economics
4. How has collagen been used in cosmetics and why is it not common in recent years
5. What are the alternative to collagen injections
6. How is collagen used to prepare artificial skin for burn patients
7. Write the structures of two unusual hyroxylated amino acids that are present in collagen and why are they important component of its structure
8. What is scurry and why is it caused?
In: Biology
Based on the data shown below, calculate the regression line
(each value to two decimal places)
y = x +
| x | y |
|---|---|
| 2 | 39.27 |
| 3 | 37.18 |
| 4 | 31.79 |
| 5 | 30.1 |
| 6 | 27.41 |
| 7 | 25.82 |
| 8 | 24.23 |
| 9 | 19.04 |
| 10 | 17.15 |
| 11 | 16.36 |
| 12 | 15.17 |
| 13 | 10.78 |
| 14 | 7.69 |
| 15 | 4.2 |
In: Statistics and Probability
In: Statistics and Probability
You are going to invest in either a Traditional IRA or a Roth IRA for 30 years. You plan to invest $100 per month in either choice. The Traditional IRA is paying 8% APR compounded semiannually at the beginning of the month. The Roth IRA is paying 7% APR compounded quarterly at the end of the month. What is the difference in dollars between the two choices when you retire?
In: Finance
Thoroughly explain indicate a proper understanding of the concept. Each correct answer is worth TWO marks.
1. Net Worth
2. Burden of the Debt
3. Tax Rate Structure.
4. Comprehensive Income:
5. Selective Tax:
6. User Charges:
7. Taxable Income:
8. Lump-Sum Tax:
9. Capital Gains:
10.Public Finance
In: Finance
Consider the following table containing unemployment rates for a
10-year period.
| Year | Unemployment Rate (%) |
|---|---|
| 1 | 3.5 |
| 2 | 5.2 |
| 3 | 7.8 |
| 4 | 8.1 |
| 5 | 3.7 |
| 6 | 9.6 |
| 7 | 8.7 |
| 8 | 3.5 |
| 9 | 11.1 |
| 10 | 8.8 |
What is the coefficient of determination for the regression model? Round your answers to two decimal places.
In: Statistics and Probability
| Using the IRR Function | |||||||||
| Years | Cash Flows | ||||||||
| 0 | ($100,000) | ||||||||
| 1 | $6,000 | ||||||||
| 2 | $7,000 | ||||||||
| 3 | $8,000 | ||||||||
| 4 | $9,000 | ||||||||
| 5 | $10,500 | ||||||||
| 6 | $11,500 | ||||||||
| 7 | $12,600 | ||||||||
| 8 | $15,000 | ||||||||
| 9 | $17,000 | ||||||||
| 10 | $70,000 | ||||||||
| Total | $66,600 | ||||||||
| IRR | <=== Use IRR funtion to calculate the Internal Rate of Return of this Investment | ||||||||
| Please format with two decimal places. | |||||||||
In: Accounting
You have brown, pink, black, and white socks in a drawer (8 of each color). In each of the following cases, what is the minimum number that you must take out to ensure that:
a) You have a matching pair?
b) You have two of different colors?
c) You have at least 3 brown or 4 pink or 5 black or 7 white socks?
In: Math