M18 ConditionsTimeCalculated % of annual Reported % annualaverage daily demandusing Eq. (1)(day)average dailydemandDaily average inmaximum monthAverage =120 (range:110-140)30=180(30)-0.10%3D=128Daily average inmaximum week??? (solve)Average =140 (range:120-170)7Maximum day in a??? (solve)Average =180 (range:160-220)1%3DyearPeak hour within =2/24a day (2 hours outof 24 hours)??? (solve)Average =270 (range:225-320)day

Annual Average Daily Demand (AADD) refers to the average amount of a particular resource, such as…

Answered: Calculated % of annual average daily…

Business

Economics

Calculated % of annual average daily demand using Eq. (1) =180(30)-0.10 =128 ??? (solve) ??? (solve) ??? (solve)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: Your grandparents decide they would like to put aside money to help support each of their…

A: Grandparents want to give $18000 to their grandchild on the 18th birthday of the grandchild. That…

Q: You are planning to become a millionaire (i.e., save $1 M) over the next 30 years when you finally…

A: Time value of money The time value of money is the mostly accepted conjecture that there is more…

Q: Suppose you collect old coins. Today you have two coins, each of which is valued at $100. One coin…

A: When the international value of domestic currency boosts, it is known as the currency's…

Q: The payback period analysis fails to recognize the difference between the present and future value…

A: The money was anything which is being accepted by the society and has the characteristics such as…

Q: Mary's credit card situation is out of control because she cannot afford to make her monthly…

A: Financial market:It is a market where there is buying and selling of financial securities. It…

Q: f you borrow from the bank with a simple interest of 13.99%, find the present worth of P88,317 which…

A: Given: The future worth is = P88,317 The simple interest rate is = 13.99% Time period = 13 months To…

Q: Your coin collection contains fifty 1952 silver dollars. If your grandparents purchased them for…

A: Coin Collection: Some persons have hobbies or habits to collect coins of various denominators,…

Q: Coins and bank notes in circulation (Rm) Year Demand deposits Short-term and medium-term deposits…

A: Measures of Money Supply : M1 for 2007 = Currency in circulation + Demand Deposits + Other Deposits(…

Q: What is the primary function of money. Explain in detail . No plagiarism allowed. Thankyou

A: Money is the medium of exchange between the buyers or sellers such that buyers buy the commodity and…

Q: Suppose that you make a series of annual deposits into a bank account that pays 8% interest. The…

A: here we calculate how much would have immediately after the fifth deposit by following method…

Q: P89,650 is placed in an account at 5.92% compounded daily for 7 years. How much is in the account at…

A: Given: Principal amount=P 89650 Interest rate compounded daily=5.92% Number of years=7 To find:…

Q: A child's grandparents have opened a 574895 savings account for the child on the day of her birth.…

A: It is given that, Principal amount(P)=5,74,895. Interest rate(i)=1.1% or 0.011 Time(t)=19 years…

Q: You have just won a lottery prize of $3.000,000 collectable in 10 yearly installments of $300,000…

A: * SOLUTION :-

Q: How much should be deposited in an account that will earn at an annual rate of 9%, compounded…

A: The interest charged on a loan or deposit is known as compound interest. This is the most often…

Q: e. Suppose the CPI at the beginning of a year equals 120 and the actual inflation rate over the year…

A: In this given problem set, we will explore the concepts of nominal interest rate, real interest…

Q: If you go to an Islamic bank and ask for financing for following purposes, which financial product…

A: Risk refers to the uncertainty associated with an event's outcome. In the finance industry, it…

Q: Logan has $2,000 in a checking account and wants to buy a new MacBook for $1,100. Logan decides he…

A: Economic rationality suggests that people behave in a rational way, consider all the alternative…

Q: 1. Mr. Lopez borrows P600,000 at 12% compounded annually, agreeing to repay the loan in 15 equal…

A: Present value is the value of investment in today's dollar. Future value is the value of investment…

Q: Your retirement account has a current balance of $56,500. What interest rate would you need to be…

A: Given that, Present value = $56,500 Future Value = $1,500,000 Numbers of Years = 40 Annual Deposit…

Q: To make CDs look more attractive as an investment than they really are, some banks advertise that…

A: Simple interest computes interest based only on the initial amount borrowed or invested, while…

Q: Joey Espinoza has $1,000 in cash, he deposits the total amount in LegionBanc How much can LegionBanc…

A: Reserve requirements are the minimum amount of cash from the deposits that the bank is required to…

Q: Illustrate how the Cash Balances change over time?

A: Cash Flow: When the cash goes out of business or cash comes into the business is termed as cash…

Q: Find the amount of interest on P33687 at the end of 6 years and 8 months, if the interest rate is…

A: Present value P= 33,687 Time =6 years and 8 months Rate of interest r= 6.01% compounded quarterly.…

Q: If $18,000 is invested at 9% for 15 years, find the future value if the interest is compounded…

A: The formula to be used is At = Ao [1 + r / 2 ]2t Where, At = future valueAo = 18,000r = 9% or 0.09t…

Q: You have just purchased a 5-year FRN with a face value of 100 that pays SORF. The interest rate is…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Effect of Covid-19 on Balance of Payment

A: Example of Ghana COVID-19 pandemic has lowered the world demand due to prolonged lockdowns. On…

Q: What is Money? What makes it useful? Explain its primary and derivative functions of Money

A: The world won't move without money, though that may sound dramatic. Of course, it will abruptly…

Q: Find the required reserve if the excess reserve is $600 and the actual reserve is $100

A: In the given question Excess reserve = $600 Actual reserve = $100 Required reserve value needed =?

Q: How much should you invest in a 3.8% saving account compounded monthly in order to have a total of…

A: Given: Interest rate=3.8% Future value=P 68185 Number of years=7

Q: Given the situation , choose the correct formula to solve the problem: A personal account earmarked…

A: When a series of payments(P) are received by an individual at equal/regular time intervals, he is…

Q: If the face value of a 91-day Treasury Bill is £100000 and it is issued at a discount of £500, what…

A: * SOLUTION :-

Q: Given the following information, what are the values of M1 and M2? Small time deposits Demand…

A: Money supply is the sum of all the available money in the economy which is composed of currencies,…

Q: If today you deposit $500 in a savings account that offers a monthly compounding interest rate of…

A: Let's take into consideration the given values which are as :- Principal (P) = $500 Annual rate (R)…

Q: Offering anything such as a premium rebate, premium discount, credit, service or anything of value…

A: In economics, an assets will have some value in the market at which it is offered to exchange…

Q: Suppose you make 30 annual investments in a fund that pays 7% compounded annually. If your first…

A: The total amount in the fund after the 30th deposit will be approximately $1,280,566 (Rounded to…

Q: One reason why cryptocurrency is not considered money by many is that it is not considered to be a…

A: A cryptocurrency is a digital or simulated currency protected by encryption, making counterfeiting…

Q: Given: A = $130, G = $50, F = $500, and i = 12%. Determine the value of n.

A: Present value refers to the sum of money that is invested today at a given rate of return that will…

Q: Describe the Financial Functions to determine a Loan's Principal andInterest Payments between two…

A: The financial function that determine loan’s principal amount is PPMT. This function is used to…

Q: The fact that money has a time value makes our calculations more complicated. True or false?

A: The time value of money makes our calculation complicated due to: number of time periods annual…

Q: ou have just won a lottery prize of $2,500,000 collectible in 10 yearly installments of $250,000…

A: In economics and finance, present value, also known as present discounted value, is the value of an…

Q: When you take 1000 TL from your savings account and deposit it in your checking account, M2…

A: Money supply refers to the total amount of monetary assets circulating in an economy during a…

Q: How does the NAIBER work and why is it considered an alternative to the NAIRU?

A: The measure that depicts the people who are capable and able to work to find a job but are not able…

Q: Suppose Sally’s current salary is $62,000 per year, and she is planning to retire 25 years from now.…

A: Current Salary = 62,000 n = 25 Increment Salary = 1800 r = 6%

Q: Please help me with this question. Thank you 1. Show (using the credit/debit tables) how each of the…

A: a. Importing a fax machine from Olivetti (Italian company) and paying with a $100 check:Transaction…

Question

M18

Conditions
Time
Calculated % of annual Reported % annual
average daily demand
using Eq. (1)
(day)
average daily
demand
Daily average in
maximum month
Average =120 (range:
110-140)
30
=180(30)-0.10
%3D
=128
Daily average in
maximum week
??? (solve)
Average =140 (range:
120-170)
7
Maximum day in a
??? (solve)
Average =180 (range:
160-220)
1
%3D
year
Peak hour within =2/24
a day (2 hours out
of 24 hours)
??? (solve)
Average =270 (range:
225-320)
day

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Introduction:

VIEW

Step 2: Explanation

VIEW

Solution

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

If you borrow from the bank with a simple interest of 10.79%, find the present worth of P89,845 which is due at the end of 15 months. Write your answer in two decimal places.
Mary's credit card situation is out of control because she cannot afford to make her monthly payments. She has three credit cards with the following loan balances and APRS: Card 1, $4,700, 21%; Card 2, $5,500, 25%; and Card 3, $3.100, 19%. Interest compounds monthly on all loan balances. A credit card loan consolidation company has captured Mary's attention by stating they can save Mary 24% per month on her credit card payments. This company charges 17.5% APR. Is the company's claim correct? Assume a 10-year repayment period. Mary's current minimum monthly payments are $ (Round to the nearest cent.)
Calculate M2 if :- M1 = $7500 million Saving deposit with post office Savings bank = $3300 million
You need $15,000 for a new car. If you can deposit $10,000 today into an account that pays annual interest rate of 5.5% compounded annually, how long it will take for you to be able to buy the new car? ***Stuck at 5000=1.055n Please show work. Don't show me the calculator steps because I don't have the right calculator.
Can any lump-sum amount be converted into a series of equal annual payments? How?
Only typed answer and please don't use chatgpt The maximum amount of dollars created by a deposit of $15,000 and assuming a reserve requirement of 10% would be: $_______ (include the original $10,000) in your answer and please do not include a $ sign in your answer.
Sofia wants to acquire an apartment that within 4 years will have a value of $310,000,000, for this a monthly savings plan has been proposed to have within 4 years 35% of the value of the apartment that constitutes the initial fee. If the bank where you deposit the money recognizes an interest rate of 16% NM for the first two years and 20% NM for the last two years, how much should Sofia save monthly? Select one: a. $1.229.305,54 b. $1.729.305,54 c. $1.529.305,54
Do you believe yesterday's Interest Rate Increase of 0.50% by the Bank of Canada was necessary? If so, why?
James has been working as a Mechanical Engineer ever since he graduated five years ago. Two years ago, he bought and financed a new $25,000 Jeep Compass and still owes $15,750 on his car loan. He has never been late with a car payment. James has one major credit card, with a $1,000 limit. He has had it since his senior year of college and was two months late with a payment one time during that first year. He is currently carrying a balance of $600 on this card. In the last year, James applied for six store credit cards at places that he shops a lot so that he can earn points and get discounts. He carries no balances Part 1: Calculate James’ credit score. Recalculate his credit score if he had not opened the six store credit cards. Part 2: James is tired of paying rent and would like to purchase a condo so that he can start building equity in his home. He is looking for a 30-year mortgage to purchase a $240,000 condo. What interest rate does James qualify for on a mortgage with his…
P863,171 is placed in an account at 3.66% compounded quarterly for 7 years. How much is in the account at the end of the term?Write your answer in two decimal places.
Give me one 2 threats/opportunity of Jollibee corporation interms either inflation/interest rate/wages/regulation/taxes,gross domestic product, with basis/table (with refrence)
Chelsea has to pay a series of uniform annual payments over a fixed period of time to repay a loan that would amount to $1,000,000. If Chelsea has to pay $30,000 per year for a rate of 6%, how long should she pay these uniform payments in order to repay her loan?