Steve collects old synthesizers. One he bought a few years back for $3000 he's decided to sell.Over the time he owned it, Steve did $250 in repairs and renovations.In preparing to sell the synthesizer, he's told by a source he considers 100% reliable that he couldsell it for $3250 as it currently is. If, however, he is willing to pay $400 for some additionalcosmetic repairs, he's told he could definitely get $3800 instead.In this case, the marginal benefit of doing the repairs before selling is $(Carefully follow all numeric instructions. We'll work with this information again in the next question.)MacBook Air吕口F3F4F5F7F8F92$&45678.RYUFGH.K

If Steve doesn't repair, he gets 3250 If Steve repairs before selling, he gets 3800. So, marginal…

Answered: Steve collects old synthesizers. One he…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A process has a cycle time of 10 minutes. The throughput time is 10 hours. If the throughput time is reduced to 5 hours without changing the cycle time, what is the change in inventory (as a percentage)?
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…
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Calculate Savings when income is $2000 and APS is 0.62
Dana was dating Wade, a wealthy real estate entrepreneur. Wade was much older than Dana and knew he needed to offer something “special” to make her stay. Wade told Dana that if she continued dating him, he would pay her $10,000 a month. Wade paid Dana for two years when suddenly, for no apparent reason, he stopped the monthly payments. Dana stayed with Wade for another six months, but decided enough was enough and left. She wanted the $60,000 she was owed for the six months; Wade refused to pay her. Is Dana entitled to the $60,000?
Many retirement funds charge an administrative fee equal to 0.25% on managed assets. Suppose that Alex and Spenser each invest $50,000 in the same year. Alex invests in a no-load fund (that doesn’t charge the 0.25% fee) and earns 5% a year. Spenser uses another retirement fund that charges the 0.25% fee and so only earns 4.75%. After 30 years, how much more will Alex have than Spenser?
$200 is not the correct answer. Please credit my account for the wrong answer provided.
In many cities, discount clubs are popular. For a fixed annual fee (paid in advance) one can purchase goods at 90% of their listed price (in other words, 10% off the list price); otherwise, one pays the list price. Suppose that the annual fee is $300 and the interest rate on your savings account is 5%. Finally, assume discount club's list prices are the same as any other store, and you plan to spend $4000 over the coming year at this store. (Hint: the interest represents an opportunity cost of purchasing a membership). benefit not buying is a membership I dollars and the cost of not buying The of a membership is dollars. Please record your answer without a dollar sign or a comma.
Pls help ASAP

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