Bill Padley expects to invest $15,000 for 5 years, after which he wants to receive $22,039.50. What rate of interest must Padley earn?(PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimalplaces.)Future ValuePresent ValueTable FactorInterest Rate%

Step 1: Calculation of interest rate using formulaStep 2: Calculation of interest rate using Excel

Answered: Bill Padley expects to invest $15,000…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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An oil company must decide whether or not to drill an oil well in a particular area that they already own. The decision maker (DM) believes that the area could be dry, reasonably good or a bonanza. See data in the table which shows the gross revenues for the oil well that is found. Decision Drill $0 Abandon $0 Probability 0.3 Dry (D) Seismic Results No structure(N) Open(0) Closed (C) Drilling costs 40M. The company can take a series of seismic soundings (at a cost of 12M) to determine the underlying geological structure. The results will be either "no structure", "open structure or "closed structure". The reliability of the testing company is as follows that is, this reflects their historical performance. Reasonably good(G) $85 $0 0.3 Note that if the test result is "no structure" the company can sell the land to a developer for 50 m. otherwise (for the other results) it can abandon the drilling idea at no benefit to itself. Dry(d) 0.7 0.2 Bonanza(B) 0.1 $200 m SO 0.4 Conditional…
Decision Under Uncertainty The digital television service company TV-más is facing a significant problem of customer loss in recent months, in particular, customers of the Home plan, which consists of an annual subscription whose value is $200 and that allows you to watch more than 40 high definition television channels. The company has prepared a list of clients who have decided that once the subscription has ended, they will not contract the service again, since, among several reasons , they maintain that the company does not treat its clients well. Considering customer opinions, the company has thought of a plan so that customers who have decided not to renew can reverse their decision and subscribe to the service for one more year. The plan consists of giving a gift to customers who have decided not to renew in order to show concern for them. The gift consists of a set of kitchen pots, with the company logo, which costs the company $50. According to information from a pilot plan…
The 10th annual bowling tournament is at your hotel in June. The group has a lot of audio-visual (AV) needs that the hotel will need to provide. The hotel has some basic AV equipment but does not have some of the items on the client’s request list. Which of the following strategies should the hotel employ so that the hotel and the client both benefit in this situation? Question 17 options: a) Rent the equipment and for convenience blend the cost into the budget for the client. b) Offer the client flip charts and markers instead of a projector for a lower price. c) Do not meet the guest’s needs and offer him a complimentary guest room for his trouble. d) Send the guest to the hotel next door for the AV portion of their meeting.
Cell Name: $C$5 Qty Doors 24 0 Qty $D$5 Windows 48 0 $E$5 Qty Vents Using the sensitivity report below, by how much will profit increase if you add an additional unit of 'Finishing Used'? 120 60 48 Cell Name $F$9 Cutting Used 48 $F$10 Sanding Used 60 $F$11 Finishing Used O 440 Final Reduced Objective Allowable Value Cost Coefficient Increase 100 0 60 -220 500 Final Shadow Constraint Value Price 0 440 120 450 200 R.H. Side 100 60 60 550 220 Allowable Increase 1E+30 Allowable Decrease 20 275 75 1E+30 Allowable Decrease 52- 43.33333333 15 30
2. A toy manufacturer has three different mechanisms that can be installed in a doll that it sells. The different mechanisms have three different setup costs (overheads) and variable costs and, therefore, the profit from the dolls is dependent on the volume of sales. The anticipated payoffs are as follows. Light Demand 0.25 $325,000 $300,000 -$400,000 Heavy Demand 0.3 Probability Wind-up action Pneumatic action Electrical action Moderate Demand 0.45 $190,000 $420,000 S170,000 $400,000 $800,000 $240,000 a. What is the EMV of each decision alternative? b. Which action should be selected? c. What is the expected value with perfect information? d. What is the expected value of perfect information? e. What is the expected opportunity loss?
A decision situation can be expressed as either a payoff table or a decision tree diagram. Question 30 options: True False
1
Given the following decision tree, calculate the EMV and the best decision that should be made. Office Growth BUILD EXPAND a. EMV: $393000; Decision: Build Ob. EMV: $522000; Decision: Build OC. EMV: $915000; Decision Expand and Build Od EMV: $393000; Decision: Expand High Demand Low Demand High Demand Low Demand 60% Probability $650,000 Impact 40% Probability $330,000 Impact 70% Probability $510,000 Impact 30% Probability $120,000 Impact
The sales needed in the computation of Additional Funds Needed is the projected sale a year from now true false
Table Q4. Average monthly discharge of Athi River City, m³/s Year Jan Feb Mar 1987 2.92 5.10 1.95 Apr 4.42 May Jun 3.31 2.24 Jul Aug 1.05 Sep 0.74 1.02 Oct Nov Dec 1.08 3.09 7.62 2 1988 24.3 11.5 17.2 12.6 7.28 7.53 3.03 10.2 10.9 17.6 16.7 3 1989 15.3 13.3 14.2 36.3 13.5 3.62 1.93 1.83 1.93 4 1990 11.5 4.81 8.61 27.0 4.19 2.07 1.15 2.04 5 1991 11.1 7.90 41.1 6.77 8.27 4.76 2.78 2.10 1.70 1.44 4.02 3.29 5.98 12.7 3.12 2.97 4.45 4.45 3.03 12.2 7.22 1.98 6 1992 2.92 5.10 28.7 0.91 0.67 1.33 2.38 2.69 3.03 7 1993 7.14 10.7 9.63 21.1 10.2 5.13 3.03 10.9 3.12 2.61 3.00 3.82 14.0 14.2 8 1994 4.96 7.36 47.4 29.4 2.29 1.70 1.56 1.56 2.04 2.35 9 1995 2.89 9.57 17.7 16.4 6.83 3.74 1.60 1.13 1.13 1.42 1.98 2.12 24.7 10 1996 1.78 1.95 7.25 6.26 8.92 3.57 1.98 1.95 3.09 3.94 12.7 11 1997 13.8 6.91 12.9 11.3 3.74 1.98 1.33 1.16 0.85 2.63 6.49 5.52 12 1998 4.56 8.47 59.8 9.80 6.06 5.32 2.14 1.98 2.17 3.40 8.44 11.5 13 1999 13.8 29.6 38.8 13.5 37.2 22.8 6.94 3.94 2.92 2.89 6.74 3.09 14 2000 2.51 13.1…
A5
Q: Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30 $C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1 what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?

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