The following information has been gathered on the costs and effectiveness ofthe two treatments, A and B. In this problem, costs and consequences are notdiscounted.Treatment ATreatment BMortality rateLife expectancy for survivorsInitial treatment cost2%5%20 years$10,000$5,000Annual follow up costs, all $1,00010 years$3,000$1.000Follow up costs, year 1$500subsequent yearsa. What is the total cost for the survivors receiving treatment A?

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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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TA 25% 0 Level 3: Which is better? You are trying to invest $200 of your money to save. The bank is giving you two options to consider. The options are listed below. Use mathematical representations to answer the questions below Situation 1 You can put your money in an account that will pay you 2% interest each year. You will not add any money to the account. Situation 2 You can put your money in an account that will pay you $5 each year. You will not add any money to the account. ^_7/100
QUESTION 3: Mr. Daily moves to a new province and has the option to either use prepaid electricity or metered electricity. He requests a comprehensive summary of the costs per kWh of electricity consumed and decides to analyse the information received. He summarizes it in the table below. Use the information to provide answers to Mr. Daily's questions below. Metered electricity A service fee of R115.20 per month is charged for metered electricity (VAT excluded). Electricity is charged at RO.80 per kWh. Prepaid electricity No service fee is charged for prepaid electricity. Electricity is charged at R1.20 per kWh. The first 100 units are free. Cost ( Prepaid elec) Cost ( Metered elec) = R115.20 + R0.80 × (number of units used – free units) —D R1.20 x питber of units used
• Part 1 Rework problem 8 in section 1 of Chapter 7 of your textbook, about the office furniture manufacturer, using the following data. Assume that each filing cabinets requires 55 pounds of steel and 3.5 hours of labor, and that each desk requires 70 pounds of steel and 2.5 hours of labor. Assume also that the manufacturer has available 144 tons of steel and 1400 hours of labor. Assume also that the profit on each desk is $40.00 and the profit on each filing cabinet is $33.00. How many filing cabinets and desks should the manufacturer produce in order maximize its profit? When you formulate a linear programming problem to solve this problem, how many variables, how many constraints (both implicit and explicit), and how many objective functions should you have? Number of variables: 2 Number of constraints: 4 Number of objective functions: 1 • Part 2 • Part 3 Formulate the linear programming problem for this situation. (Enter either the word Maximize or the word Minimize in the first…
Jobs and productivity! How do banks rate? One way to answer this question is to examine annual profits per employee. The following is data about annual profits per employee (in units of 1 thousand dollars per employee) for representative companies in financial services. Assume o - 9.4 thousand dollars. 41.1 54.4 53.7 50.9 32.0 36.9 46.0 49.5 42.5 33.0 33.6 36.9 27.0 47.1 33.8 28.1 28.5 29.1 36.5 36.1 26.9 27.8 28.8 29.3 31.5 31.7 31.1 38.0 32.0 31.7 32.9 23.1 54.9 43.8 36.9 31.9 25.5 23.2 29.8 22.3 26.5 26.7 (a) Use a calculator or appropriate computer software to find x for the preceding data. (Round your answer to two decimal places.) thousand dollars (b) Let us say that the preceding data are representative of the entire sector of (successful) financial services corporations. Find a 75% confidence interval for u, the average annual profit per employee for all successful banks. (Round your answers to two decimal places.) lower limit thousand dollars upper limit thousand dollars (c)…
A water bill is composed of two components: A base charge and a water consumption charge. 2019 Rates 2020 Rates Base Charge $24.16 $25.37 2019 Rates 2020 Rates 0-34 water units $2.64 $2.77 35-54 water units $3.19 $3.35 More 54 water units $3.99 $4.19 Calculate the cost of water for 2019 if you used 48 water units. (Number only. Use the situation to decide appropriate rounding.)
QUESTION 5 Which of the following will make the value of the break-even point (BEP) smaller? O Increased unit variable cost. O Increased fixed cost such as rent. Increased unit price. O Decreased unit price.
I need correct handwritten solution
A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table. Labor-Hours per Ski Maximum Labor-Hours Available per Day Department Fabricating Finishing Answer parts (A), (B), and (C) below. Trick Ski 6 1 Slalom Ski 4 1 (A) If the profit on a trick ski is $30 and the profit on a slalom ski is $40, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit? The maximum profit is $ The maximum occurs when trick skis and 216 42 slalom skis are produced.
Consider the following situation, which involves two options. Determine which option is less expensive. Are there unstated factors that might affect your decision? You currently drive 400 miles per week in a car that gets 14 miles per gallon of gas. You are considering buying a new fuel-efficient car for $16,000 (after trade-in on your current car) that gets 42 miles per gallon. Insurance premiums for the new and old car are $900 and $500 per year, respectively. You anticipate spending $1700 per year on repairs for the old car and having no repairs on the new car. Assume gas costs $3.50 per gallon. Over a five-year period, is it less expensive to keep your old car or buy the new car? Over a five-year period, the cost of the old car is $ (Round to the nearest dollar as needed.) and the cost of the new car is $ Thus, over a five-year period, it is less expensive to
5
According to the table below, which of these is a possible taxable income for a married couple filing jointly in the 33% federal income tax bracket?
3. Aquasystem performed a make/buy analysis to for making a new water filters. The filter sells for $50 that will require equipment that will cost $200,000 and $25,000 annual operating cost comprise the fixed cost. The variable cost is $20 per filter. The equipment has a 5 year life, no salvage value, and the MARR is 6% per year. The decision to make the filter was based on breakeven point and the historical sales level of 500 filter per year. a. Determine the breakeven point b. An engineer investigated that a supplier can make the filter for $30 each. Determine whether Aquasystem should make or buy the filters.

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