7. The City of Aubum has decided to build a softball complex and the city council has already voted tofund the project at the level of $800,000 (initial capital investment). The city engineer has collected thefollowing financial information for the complex project.Annual upkeep costs: $120,000Annual utility costs: $13,000Renovation costs: $50,000 for every 5 yearsAnnual team user fees (revenues): $32,000Useful life: InfiniteInterest rate: 8%If the city can expect 40,000 visitors to the complex each year, what should be the minimum ticket price perperson so that the city can breakeven?In answering the question, identify the range that contains the solution.A. Price: greater than $2.50 and less or equal $3.00Price: greater than $3.00 and less or equal $3.50Price: greater than $3.50 and less or equal $4.00Price: greater than $4.00 and less or equal $4.50В.C.D.

Answered: Image /qna-images/answer/2a875979-a01f-4d64-acec-6cb596cdc55f.jpg

Answered: 7. The City of Aubum has decided to…

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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3. An investment broker wants to invest up to $20,000. She can purchase type A bond yielding a 10% return and she can purchase a riskier type B bond yielding a 15% return. She wants to invest at least as much in the type A bond as in the type B bond to reduce her risk. The minimum investment for the type A bond is $5,000, and there are only $8,000 worth of type B bonds available. How much should the broker invest in each type of bond to maximize her returns?
a) You are currently considering to join the Bakery business and advertise your products online. You discovered that you will be able to sell 10000 items if you set the price of 1 bread at RM2.50. However, you will be able to sell another 2000 items for every 10 cents price lowered below RM2.50. Assume that your fixed costs is RM3500, and the cost of production per item is RM0.90. Find i) the price that you should set per bread.ii) the number of breads that should be sold to maximize profit.iii) the maximum profit that you can get. b) The area of rectangular garden is 1000m2. The owner wishes to enclosed the garden on on side by a brick wall costing RM30 per meter and on the other three sides by a metal fence costing RM10 per meter.Show that the cost, C, of the material is C=40x+\frac{20000}{x}Find the dimension that will minimize the cost.Hence find the minimum cost to enclosed the garden.
Johnson Controls' annual requirement for a part is 260,000 units. Other given information includes: Order cost: $120 per order Inventory holding rate: 12% Part cost: $2,500 per unit. What are the (a) EOQ and (b) annual total inventory cost? Please show the detailed steps of your calculation to get credit. You can either enter your answer in the text box or upload an image of your answer (on a paper) by clicking Insert Tab-Document-Upload Document.
Teal Inc., manufactures ice tea and would like to increase its market share in the North. In order to do so, Teal has decided to locate a new factory in the Cedar Rapid area. Teal will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three buildings: Building A: Purchase for a cash price of $1,533,000, useful life 26 years. Building B: Lease for 26 years with annual lease payments of $126,000 being made at the beginning of the year. Building C: Purchase for $1,965,000 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $20,700. Rental payments will be received at the end of each year. Teal Inc. has no aversion to being a landlord. Click here to view factor tables In which building would you recommend that Teal Inc. locate, assuming a 12% cost of funds? (Round factor values to 5 decimal places, e.g. 1.25124 and…
b) Problem: Calculate the 7% tax on a purchase of $25. Solution: 10% of $25 is $2.50, so 5% is $1.25. 1% of $25 is 25 cents, so 2% is 50 cents. This means 7% is $1.25 plus 50 cents, which $1.75. ht Rotate Markup Seareh 7% $25 = 29/1 ol ebriogzTIO tont yems as WEI0 () erit bes yen 21 worle of 29lsnsbn balsdel ylhisn6 (anlog Al (atob c) Problem: What is 110% of 62? Solution: 100% of 62 is 62 and 10% of 62 is 6.2, so all together it's 68.2. 110% 62% D Messages OCT 26 MacBook Air చిక ి.
I. A producer of felt-tip pens has received a forecast of demand of at least 50,000 pens for the coming month from its marketing department. Fixed costs are $20,000 per month, and variable costs are 25 cents per pen. a. Find the break-even quantity the company must produce if pens sell for $1.50 each. b. Find the quantity to be produced to realize a profit of $20,000. 70
Steven and Donna have been married for 35 years. Both are in great health, but they feel it is time that they start planning for their future health needs. Steven is 60 years old, and Donna is 61 years old. They have been approached by a long-term care insurance salesperson who is offering the following insurance product: . . . . Annual maximum benefit: $67,200 or 80% of annual cost, whichever is less. Daily maximum benefit: $187 or 80% of daily cost, whichever is less. Billing cycle: 360 days. Premium for policy with 180-day elimination period: $3,248. Premium for policy with 90-day elimination period: $3,696. Premium for policy with 30-day elimination period: $4,256. Steven and Donna are interested in possibly purchasing one of these policies. Use the following information to help them analyze which policy may be the best alternative, The current annual cost of a good nursing care facility in their area is $91,440, They have $28,000 saved in a money market savings account, $11,200 in…
solve the following problems

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