The following is the age distribution of 1,000 persons working in a large industrial house: Age-group No. of persons Age-group No. of persons 20-25 30 45-50 105 25-30 160 50-55 70 2 30-35 210 55-60 60 200 35 40 180 60-65 40 40 45 145 Due to continuous heavy losses the management decides to bring down the strength to 30% of the present number according to the following scheme: (i) To retrench the first 15% from the lower group. (ii) To absorb the next 45% in other branches. (iii) To make 10% from the highest age group retire permanently, if necessary. Calculate the age limits of the persons retained and those to be transferred to other departments. Also find the average age of those retained. 000

assume we have a cycle-servixe level of 90%, and we deliver 4 items on a customers order, what is the overall customer service level for the order? (show work)

The Paasche method uses the amounts consumed in the base period, qo, as weights to determine a price index. True or False True False

Find out the next month after april income by using the forecasting method  of the moving average method

The table below shows the share of income going to each quintile of the income distribution for Neverland in 1980 and 1990. Complete the table below finding the the cumulative share of income for 1980 and 1990 and answer the following: Share of income in Cumulative share of Share of income in Cumulative share of Quintiles 1980 income in 1980 1990 income in 1990 1st 7% 6.6.% 2nd 11.5% 11.5% 3rd 17% 16.3% 4th 24.8% 22.7% 5th 39.7% 42.9% a) Sketch the Perfect Equality line and the Lorenz curve for 1980 and for 1990. Don't forget to label your graph and your curves! b) According to the Lorenz curves that you draw in (a), which year had worse income inequality, 1980 or 1990? JUSTIFY your answer! NOTE: This is a file upload question. Work your answer in a piece of paper, take a picture and upload your file.

The Consumer Price Index provides a means of determining the purchasing power of the U.S. dollar from one year to the next. To use the Consumer Price Index to predict a price in a particular year, we can set up a proportion and compare it with a known price in another year as follows:(price in year A)/(index in year A)=(price in year B)/(index in year B)In 1986 the Consumer Price Index was 109.6 and in 2010 it was 218.1. Find the amount that would be charged in 2010 for the use of the same amount of electricity that cost $110 in 1986. Give your answer to the nearest dollar.

Estimate the following percentages without using a calculator. 10.1% of 7,800 is  0.99% of 83,583 is  20% of 5,008,340 is  0.52% of 472,028 is

John Kittle, an independent insurance agent, uses a five-year moving average to forecast the number of claims made in a single year for one of the large insurance companies he sells for. He has just discovered that a clerk in his employ incorrectly entered the number of claims made four years ago as 1,400 when it should have been 1,200.a. What adjustment should Mr. Kittle make in next year’s forecast to take into account the corrected value of the number of claims four years ago?b. Suppose that Mr. Kittle used simple exponential smoothing with a = .2instead of moving averages to determine his forecast. What adjustment is now required in next year’s forecast? (Note that you do not need to know the value of the forecast for next year in order to solve this problem.)

The following table shows a sample of room rates for a 100 room resort hotel in Nova Scotia for the time period Jan. 1 to Dec. 2003. Note that 1/1-7/3 means January 1 to March 7, 2003. Be sure to scroll down to see the bottom of the rate table. 2003 Room Rates A Oceanfront 1 double bed Oceanfront 2 double beds Oceanfront Effic, 2 double beds 2 room suite 3 double beds Oceanfront Suite 3 double beds Extra Person B C D E 1/1 - 7/3 75 85 105 120 140 5 8/3 30/3 125 135 155 175 200 8 31/3 - 31/5 85 115 130 150 5 1/6 -30/6 100 110 130 150 175 5 1/7 2/9 -1/9 -8/10 150 95 180 200 225 10 105 125 140 165 7 9/10 -1/12 85 95 115 130 5 2/12 -20/12 75 85 105 120 140 5 21/12 - 31/12 125 135 155 175 200 10 IMPORTANT: Please omit the dollar signs in all answers. Note: Suites have 3 beds. a. For the 9 time periods, what was the mean extra person rate? b. (i) This hotel has 20 type A rooms, 15 type B, 30 type C, 25 type D and the remainder are type E. If the hotel was fully booked (with no extra people…

Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Project Y Time: 1 2 3 4 Cash flow: -$8,000 $3,350 $4,180 $1,520 $300