Psoddns Suppose that the year nics planned to produce 950,000 units of its portable GPS devices. Of the 950,000 it planned to produce, a total of 25,000 units would be added t0 the inventory at its new plant in Florida. Also assume that these units have been selling at a price of $100 each and that the price has been constant over time. Suppose further that this year the firm built a new plant for $5 million and acquired $2.5 million worth of equipment. It had no other investment projects, and to avoid complications, assume no depreciation. Now suppose that at the end of the year, Celestial had produced 950,000 units but had only sold 900,000 units and that inven- tories now contained 50,000 units more than they had at the beginning of the year. At $100 each, that means that the firm added $5,000,000 in new inventory. a. How much did Celestial actually invest this year? b. How much did it plan to invest? c. Would Celestial produce more or fewer units next vear? Why?

Psoddns Suppose that the year nics planned to produce 950,000 units of its portable GPS devices. Of the 950,000 it planned to produce, a total of 25,000 units would be added t0 the inventory at its new plant in Florida. Also assume that these units have been selling at a price of $100 each and that the price has been constant over time. Suppose further that this year the firm built a new plant for $5 million and acquired $2.5 million worth of equipment. It had no other investment projects, and to avoid complications, assume no depreciation. Now suppose that at the end of the year, Celestial had produced 950,000 units but had only sold 900,000 units and that inven- tories now contained 50,000 units more than they had at the beginning of the year. At $100 each, that means that the firm added $5,000,000 in new inventory. a. How much did Celestial actually invest this year? b. How much did it plan to invest? c. Would Celestial produce more or fewer units next vear? Why?

Name: 11. Suppose that in the year 2011, Celestial Electronics planned topr
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Description: 11. Suppose that in the year 2011, Celestial Electronics planned toproduce 950,000 units of its portable GPS devices. Of the 950,000it planned to produce, a total of 25,000 units would be added t0the inventory at its new plant in Florida. Also assum

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Concept explainers

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.

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Question

11. Suppose that in the year 2011, Celestial Electronics planned to
produce 950,000 units of its portable GPS devices. Of the 950,000
it planned to produce, a total of 25,000 units would be added t0
the inventory at its new plant in Florida. Also assume that these
units have been selling at a price of $100 each and that the price
has been constant over time. Suppose further that this year the
firm built a new plant for $5 million and acquired S2.5 million
worth of equipment. It had no other investment projects, and to
avoid complications, assume no depreciation.
Now suppose that at the end of the year, Celestial had produced
950,000 units but had only sold 900,000 units and that inven-
tories now contained 50,000 units more than they had at the
beginning of the year. At $100 each, that means that the firm
added $5,000,000 in new inventory.
8. How much did Celestial actually invesı this year?
b. How much did it plan to invest?
c. Would Celestial produce more or fewer units next
year? Why?

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