1. Find the expected price2. Find the most probable price3. Find Highest/best use price Find the expected price and the most probable price highest/bestuse priceValue Distribution of Overall Probability$120Probability$1003%2%Use$110$130$140Home2015%2%7-Eleven103%4%1%Gas Station103%2%1%4%Domino's6020%10%15%15%

Use Probability $100 %110 $120 $130 $140 Home 20 3% 15% 2% 7-eleven 10 2% 3% 4% 1% Gas…

Answered: Find the expected price and the most…

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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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.
8. DETAILS BRECMBC9 7.1III.TB.017. ASK YOU Find the net price for an order of gift Items with a list price $23,000 less trade discounts of 30/25/15. Use the net price, complement method. O $5,750.00 O $10,263.75 O $12,736.25 O $17,250.00 9. DETAILS BRECMBC9 7.IV.TB.012. ASK YOUR TE- The local zoo buys hay from a supplier with an Involce amount of $13,220. The terms of the sale are 5/22, n/30. What is the net amount due on the order if the bill is paid by the 22nd day? O $661 O $3,305 O $12,559 O $13,220 10. DETAILS BRECMBC9 7.IV.TB.003. ASK YOUR TEACH A small retailler buys goods from a vendor with an invoice amount of $9,300. The terms of the sale are 2/10, n/30. What is the net amount due on the goods if the bill is paid by the 10th day? O $186 O $930 O $8,370 O $9,114 MacBook Air GRO. esc 44 41 1. %23 %24 & 2. 3 4 6 7. 8 9 Q E T. Y U lab A D G H K = lock V\ C olt alt atrol option command command option
1. Suppose that you estimate a model of house prices to determine the impact of having beach frontage on the value of a house.14 You do some research, and you decide to use the size of the lot instead of the size of the house for a number of theoretical and data availability rea- sons. Your results (standard errors in parentheses) are: PRICE; = 40 + 35.0 LOT¡ – 2.0 AGE; + 10.0 BED; – 4.0 FIRE; (1.0) (5.0) (10.0) (4.0) (10) N = 30 R2 =.63 where: PRICE¡ =the price of the th house (in thousands of dollars) =the size of the lot of the th house (in thousands of square feet) = the age of the th house in years =the number of bedrooms in the th house =a qualitative/dummy variable for a fireplace (1 = yes for the th house) LOT; AGE; BED; FIRE; a. You expect the variables LOT and BED to have positive coefficients. Create and test the appropriate hypotheses to evaluate these expectations at the 5-percent level. b. You expect AGE to have a negative coefficient. Create and test the appropriate…
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Suppose a realtor wants to determine the current percentage of customers who have a family of five or more. How many customers should the realtor survey in order to be 98% confident that the estimated (sample) proportion is within 2 percentage points of the true population proportion of customers who have a family of five or more? z0.10 z0.05 z0.025 z0.01 z0.005 1.282 1.645 1.960 2.326 2.576 Use the table of values above.
9. After looking at this list, you are concerned that you may not be able to afford the food that you have chosen to provide enough protein for your diet. So you have decided to get the biggest bang for your buck by comparing the amount of protein for the price that you can buy the food for. The following 4 items were priced at Walmart on 1/2/2014. Also included is the serving per item and the protein for each serving for the product chosen. Make sure to show your work. Price per Protein (g) Food Item Bush Pinto Beans Jif Peanut Butter Bumblebee Canned Chicken Cherrios Cereal Price per item $0.84 $3.98 $2.38 $3.68 Servings per item 3.3 25 4 18 Protein (g) per serving 78 78 13g 3g of protein?

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Use	Probability	$100	%110	$120	$130	$140
Home	20	3%	15%	2%
7-eleven	10	2%	3%	4%	1%
Gas station	10		3%	2%	1%	4%
Domino's	60		20%	10%	15%	15%
Total	100	5%	41%	18%	17%	19%
			Highest probability

Find the expected price and the most probable price highest /best use price Value Distribution of Overall Probability $130 Probability $100 3% 2% Use $110 $120 $140 Home 20 15% 2% 7-Eleven 10 3% 4% 1% Gas Station Domino's 10 3% 2% 1% 15% 4% 60 20% 10% 15%