Suppose now that instead of using a new detection tool starting in week 3, suppose we startedusing it right away at the beginning of week 1. If we wanted the total expected number of transactions withthe 1,000 fake bills to be at most 1,700 then what percentage would we need to detect at each transaction?Write your final answer as a percentage, and round to 2 decimal points. Suppose that a group of illegal counterfeiters print 1,000 copies of fake $20 bills and introduces them into theeconomy. Suppose that each bill is used once per week (starting in week 1), and that each time a bill is used, ithas a 1 in 5 chance of being detected as fake. If it is detected, it is removed. If not, it is used again.

Given The new detection tool is used from week 1.The probability that a fake $20 bill is detected…

Answered: Suppose now that instead of using a new…

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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The Dorben Co. uses a standard hour plan with a base wage of $9/h. It hires an IE consultant to plan a batch production run of 300 units. This consultant has a worker on the line produce 2 units. The first takes 10 min and the second 9.7 min. Assuming that the worker continues to improve her performance, what will she be paid for the full batch of 300 units under the standard hour plan? What is the unit cost for the first unit made? What is the cost for 300th unit? there is already an answer for this question in chegg but it does not explain clearly in steps. I need some clear explanation thnks
The following information is available for Johnston Ltd. Basic pay = £8/hour for a 40-hour week.Normal production in that time = 120 units.Bonus = 50% of the time saved on production and is paid at a time and a quarter.What will be the total wage in a week in which 150 units are made in 40 hours?
This year, FCF Inc. has earnings before interest and taxes of $9,710,000, depreciation expenses of $1,000,000, capital expenditures of $1,200,000, and has increased its net working capital by $600,000. If its tax rate is 35%, what is its free cash flow? The company's free cash flow is $. (Round to two decimal places.)
Red, Inc provides group term life insurance to all of its employees. Susan, a vice-president, received $200,000 of coverage for the year. The Uniform Premiums (based on Susan's age) are $ 15 per month for $1,000 o f protection How much of this must Susan include in gross income this year? O SO O $360.00 O $270.00 O $280.00
Suppose that you have $9,000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 40% of its original value. During the second year, your investment at the end of year one increases by 50%. Your advisor tells you that there must have been a 10% overall increase of your original $9,000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $9,000 investment? Select the correct choice below and fill in the answer boxes to complete your choice. (Type a whole number.) O A. No, there is an actual percent gain of % O B. Yes, there is an actual percent loss of % O C. Yes, there is an actual percent gain of % O D. No, there is an actual percent loss of %
Thompson Laser Company had ending inventory of $163,600 this year, ending inventory of $134,000 last year, and $262,000 as cost of goods sold. Compute the inventory turnover rate.
During his short stint as Shadow Finance Minister, Barnaby Joyce displayed a curious grasp of numbers. One of his most infamous exclamations was “All this billions, quillions, Brazilians.” Less well known was his tax-reform proposal, recommending that if you earn $x per day, you are taxed x% of that amount (with the understanding that you pay 100% tax if you earn $100 or more per day. Under Senator Barnaby’s plan, which amount x gives you the highest earnings after tax has been taken out?
Tom called his bank today to check on his savings account balance. He was surprised to find a balance of $6600, when he started the account with just $5000.00 8 years ago. Based on this data, what percentage rate has the bank been paying on the account with simple interest?

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