SUPPOSE THE THAT OPPORTUNITY COST TABLE TURNS INTOIIIVVA79.4310B11D16.8.CROSSING OUT THE ZEROES, WE OBTAIN%3DIIIIVA1143.2E6.WHICH OF THE FOLLOWING DESCRIBES THE NEXT STEP?O Subtract 1 from all uncovered numbers and add 1 to the numbers found in the intersection of lines.O Subtract 2 from all numbers. If the number becomes negative, make it zero.2.2.B.

Opportunity cost refers to the value of what must be forgone to gain something. Opportunity cost is…

Answered: SUPPOSE THE THAT OPPORTUNITY COST TABLE…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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D4.
Make a scatter plot and find Correlation coefficient between the sales and expenses from the data given:
Consider the production function Y = z.F(K,L, A) where Y is output, z is technology, K is capital, Lis labour and A is the area of land. Which 3 of the following statements are correct? Select one or more: O a. Diminishing marginal products means that if K,L and A all double, output will less than double. b. The property of a diminishing marginal product of labour means that, if labour is increased while other inputs to production are held constant, output will increase, but by a decreasing amount. O c. If there are constant returns to scale this implies that individual marginal products are not diminishing. d. If marginal products are diminishing, then the marginal product of labour measured in terms of discrete changes is less than the marginal product in terms of calculus. If z increases, the average product of all inputs increases but the marginal products do not. е. O f. Holding K and A constant, if z increases the production function in terms of labour input shifts up by a…
I offer you a game where I give you $30.00 if you roll a "1" or a "2" on a standard fair dice. otherwise, if you roll anything else, you pay $12.a. is this fair game?b. what is the expected value?c> hojw much would you expect to make or lose in 100 rolls?
Mop and Broom Manufacturing has tracked the number of units sold of their most popular mop over the past 24 months. This is shown. Month 1 2 3 4 5 6 7 8 Sales Month 238 249 254 267 277 282 402 296 9 10 11 12 13 14 15 16 Sales 300 327 346 349 353 364 373 363 Month + 17 18 19 20 21 22 23 24 Sales 361 381 375 383 384 401 409 403 a. Develop a linear trend line for the data. (Round your answers to 2 decimal places, e.g.,25.28.) Sales = (month) b. Compute a correlation coefficient for the data and evaluate the strength of the linear relationship. (Round your answer to 2 decimal places, the tolerance is +/-0.01.) Correlation coefficient is . It indicates linear relationship. (Use not rounded amounts to answer this question.) c. Using the linear trend line equation, develop a forecast for the next period,month 25. (Round your answer to 2 decimal places, the tolerance is +/-0.01. Do not round intermediate results used to achieve this answer.) Forecast for month 25 =
(d) The company only has 4 workstations available. If it only operates its 4stations, how many weeks does it need to meet the production requirements?(e) The company has other contracts it needs to satisfy. Working on themugs more than 4 weeks means it will have to cancel another contract,incurring a penalty of $4,500. Each new workstation costs the company$2,500. What should the company do: cancel the contract or buy therequired workstations?
for this table. In other words, the table of data provided does not need a composite primary key. Table 1. Parking Tickets STID LName, FName PhoneNo St Lic LicNo Ticketno Date Code Fine 38249 Brown, Thomas 111-7804 FL BRY 123 15634 09/17/17 2 $25 38249 Brown, Thomas 111-7804 FL BRY 123 16017 09/13/17 1 $15 82453 Green, Sally 391-1689 AL TRE 141 14987 09/05/17 3 $100 82453 Green, Sally 82453 391-1689 AL TRE 141 Green, Sally 391-1689 AL TRE-141 16293 17892 09/18/17 1 $15 09/13/17 2 $25 Please examine the table of data and perform the following tasks: 1. Depict the full key, partial and transitive functional dependencies in the data table using the written notation (e.g., ID →Name, Address);
No probabilities are known for the occurrence of the nature states. Compare the solutions obtained by each of the following criteria: Hurwitz (assume that alpha = 0.8)
* An equipment which costs $15000 has to be replaced with a new equipment. The follovig data have been estimated - Year 3 4 Resale value 12000 9500 7500 5700 Annual maintenance cost 600 800 1050 1400 Year 7 Resale value 4200 3900 2100 2000 Annual maintenance cost 2100 3500 5000 6800 of Determine the optimal replacement period.
b6 need urgent in 15 minutes
A pharmaceutical company sells 78 different products. The distribution of annual sales amounts last year for these products is as follows. Number of Products 100 90 80 70 60 50 40 30 20 10 0 0 5,17 301 37 50 75,61 100 150 Annual Sales ($000) 200, 78 200 250 Approximately what percentage of the products had annual sales of less than $80,000 last year? OA. 62 O B. 79.5 OC. 38 O D. 20.5 OE. None of the above
13 4. A ramp is attached to a mover's truck. The ramp is 7 ft long and the truck is 6 ft from the bottom of the ramp. A diagram of the ramp with dimensions is below. 7 ft x 6 ft To the nearest degree, determine the angle that the ramp makes with the ground. Hint: 0 = = adjacent hypotenuse = trig ratio used Remember you will need to use your inverse function on your calculator to find the angle.

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