2. DG Co has recorded the following total costs during the last five years.Total cost $Year20102011201220132014RequiredOutput volume Units65,00080,00090,00060,00075,000145,000b. Using the Least squared method162,000170,000140,000160,000Calculate the total cost that should be expected in 2015 if output is 85,000 units.a. Using High-low method

a. Using the High-Low Method:The high-low method is a simple technique for estimating costs based on…

Answered: 2. DG Co has recorded the following…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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provide A and B both answer with explanation
A firm faces the following total revenue and total cost functions: TR = 150 - 0.20² and TC = 60 + 0.1Q + 0.05Q². Determine the profit maximising level of output. 39.8 19.8 20.8 29.8
Region Product Type Item Projected Sales 2022 (in millions) Americas Legacy B 18.6 Americas Legacy B 1.4 Americas Legacy B 9.4 Americas Legacy B 11.6 Americas Legacy B 7.1 Americas Legacy B 8.6 Americas Legacy B 6.9 Americas Legacy B 9.4 Americas Legacy B 8 Americas Legacy B 12.4 Americas Legacy B 16.3 Americas Legacy B 12.4 Americas Legacy B 5.7 Americas Legacy B 8.1 Americas Legacy B 14.6 Americas Legacy B 3.2 Americas Legacy B 13.1 Americas Legacy B 6.5 Americas Legacy B 6.6 Americas Legacy B 14 Americas Legacy B -1.6 Americas Legacy B -5.5 Americas Legacy B 10.5 Americas Legacy B 9.7 Americas Legacy B 5.9 Americas Legacy B 9 Americas Legacy B 7.9 Americas Legacy B 4.4 Americas Legacy B 8.2 Americas Legacy B 2.9 Americas Legacy B 10.6 Americas Legacy B 7.8 Americas Legacy B 5.2 Americas Legacy B 14.4 Americas Legacy B 4.1 Americas Legacy B 7.7 Americas Legacy B 2.6 Americas Legacy B 10.1 Americas Legacy B…
Assignment: Analyze Filling Line Problems Using Control Charting Attached Files: File Filling line example for X-bar & control chart.xlsxOpen this document with ReadSpeaker docReader (13.354 KB) Using the provided data, calculate the control limits (X-bar and r-chart, Capability Index, create a control chart, and calculate the percentage of units that are expected to be out of spec (z-value). Show your work A quick way to do the percents part of the filling line problem (you know, the percent underfilled, the percent overfilled, etc.), is to use Excel's norm.dist function rather than looking it up on a printed Z table. Use the norm.dist excel function with the LSL in the first position in the parameter list. Norm.dist gives you the left side return from the Z table. "Excel offers you the NORM.DIST statistical function for working with normal distributions. The NORM.DIST function calculates the probability that variable X falls below or at a specified value"…
A group of researchers carried out a survey of household expenditure for an average family and the data are shown in Table 3. Table 3 Commodity 2016 2017 Quantity 105 Price Quantity 100 Price Rice (kg) Bread (loaf) Cocoa powder (kg) Milk (liter) Sugar (kg) 7.30 8.60 3.02 16 3.10 18 10.26 25 7.83 33 6.10 56 6.55 78 2.85 11 2.95 15 (i) Compute the Average Price Relative (APR) index for 2016 and 2017, using 2016 as the base year. (ii) Calculate Paasche Price Index for 2017 (year 2016 = 100). Interpret the answer. (iii) Calculate Laspeyres Price Index for 2017 (year 2016 = 100). Interpret the answer. (iv) Calculate the Fisher's Price index.
Table 1. The manager of Carpet City outlet store needs to be able to forecast accurately demand for Soft Shang carpet. Demand for the past 20 weeks appears in table 1 below. week Demand Forecast Error ABS. Dev Squared Error APE 1 20 2 28 3 22 4 18 5 22 6 22 7 22 8 26 9 23 10 23 11 23 12 27 13 25 14 22 15 23 16 14 17 14 18 15 19 11 20 16 21 22 23 24…
3. (5.7.12) On June 2, 2010 USA Today reported a story from Bloomberg News that said that the total price tag for the project to build the new F-35 Joint Strike Fighter would be 65% higher than the original $232 billion estimate. The cost now is estimated to be $382 billion. The total cost of each plane would be $112.4 million, up 81% from the original $62 million. The cost to produce each plane would be $92.4 million, about 85% higher than the original estimate of $50 million. a. Check the arithmetic to see that the three percentage increases reported are correct. b. Can you explain how the project cost can have increased by just 65% when the overall total per plane increased by 81% and the construction cost alone increased by almost 85%?
Agnes, a General Manager in XXX Company, estimated a multiplicative demand function of the form: using a cross-section data collected in the company sales on 30th June, 2019. The estimation results are as follows: (SEE IMAGE) Write down the estimated demand equation Interpret the coefficients and R2 value Describe any three managerial decisions that can be applied by the manager from the estimated demand function
In 1997 Fuller and coworkers at Texas A&M University estimated the operating costs of cotton gin plants of various sizes. The operating costs of the next to the smallest plant is shown in the following table. x 2000 4000 6000 8000 10000 12000 y 163,200 230,480 301,500 376,160 454,400 536,400 Here x is the annual number of bales produced, and y is the dollar total cost. (Use 4 decimal places in your answer.)A. Determine the best fitting line using least squares. Also determine the square of the correlation coefficient.The best fitting line is C(x) = .The square of the correlation coefficient is r2 = .B. The study noted that revenue was $63.25 per bale. At what level of production will this plant break even?The revenue equation is R(x) = The profit equation is P(x) = The production will break even when bales are produced.C. What are the profits or losses when production is 3000 bales? 4000 bales? (Round to the nearest cent.)When…
An entrepreneur who owns and operates two businesses (A and B) would like to analyze their profitability. They would like your help in the analysis. They give you the annual net profit (in thousands of $) for each business from 2008-2020. Table 1: Annual Net Profits for Businesses A and B Business Year Profit Business Year Profit 2008 -50 2008 -10 2009 57 2009 30 2010 71 2010 27 2011 64 2011 22 2012 60 2012 21 2013 50 2013 20 A 2014 41 2014 24 2015 59 2015 24 2016 71 2016 32 2017 71 2017 36 2018 74 2018 37 019 81 20 40 2020 97 2020 49 a. Suppose you want to graph the distribution of profits. Explain why using only one stem- plot might not be optimal for the analysis. b. Describe the correct stemplot to use. Generate this stemplot. Explain your steps. What can you say about the distribution from this stemplot? c. When are stemplots useful? And why is that? d. Suppose that instead of having 26 observations you have 200 observations. What graph should you generate? e. What other type of…
Given the Information in the below table's, calculate the total cost if you choose the: i) Level Strategy with average production per day. ii) Chase strategy for the production. Month Expected Demand Production Days Jan 600 22 Feb 800 18 March 900 21 April 1000 21 Inventory carrying cost $5 per unit per month Subcontracting cost per unit $20 per unit Average Pay rate $10 per hour ($80 per day) Over time Pay rate $17 per hour (above 8 hours) Labour-hours to produce a unit 1.6 hours per unit Cost of increasing daily production rate $300 per unit Cost of decreasing daily production rate $600 per unit

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