W2 Payal is an artist who does painting part-time. Herannual revenue from selling her paintings is $45,000.The annual cost of the materials she needs forher paintings is $27,000.To set up her studio she withdrew $2,500 from hersavings account where she was earning an annualinterest of 1% per annum. Also, she could haveutilized her time (she is spending on doing paintings)to do taxes and earn $6,000.Based on the above scenario what would Payal'saccounting profit from her part-time paintings?a. $9,500Ob. $11,750OC. $18,000Od. $15,000

Accounting profit is the profit after reducing the impact of explicit cost from the total revenue ,…

Answered: W2 | bartleby

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Question THREE: Suppose you are given a set of data for output at a company which manufactures detergents over a period of time. You have determined a relation between total operating cost and the quantity produced and is given by the linear regression model as follows: TC=20,000+2,500Q, where TC=Total Operating Cost (in $) per annum and Q = Quantity produced per annum Required: i. Determine the total operating cost in the event that quantity of production is at 4,500, 12,500 and 7,000units. ii. What do you think would be your reservations in relaying on the linear regression model for budgetary planning purposes?
subject:Sales Management
Question 1: In what particular situation where a manager needs to evaluate alternative courses of action to come up with a decision?
Weapon Cost (gold pieces) Damage to medium targets Critical damage Weight (pounds) Throwing axe 8 6 12 2 Javelin 1 6 12 2 Longsword 15 8 32 4 Mace (light) 5 6 12 4 Spear 2 8 24 6 The elf leader Galandir has up to 30,000 gold pieces to spend on an arsenal of javelins, longswords, and spears for her band of elves for a planned assault on Mordruk in which she would like to inflict as much critical damage possible. For the sake of swiftness the total weight of Galandir’s arsenal cannot exceed 3000 pounds, and as the elves are particularly skilled at javelin-throwing she would like to include at least half as many javelins as swords. What should her weapons arsenal look like, and how much critical damage can be inflicted? Define the variables. Construct the objective and constraint functions. Use Excel to use the simplex method to optimize the…
Q2. A motorcycle mamufacturer known as Kymco has invested millions in setting up a plant in Malaysia to assemble "complete knock down" (CKD) scooters to cater for the Asian market. The assembly of the motorcycle scooter will be carried out in sequence. Assuming you are the plant engineer, you will need to ensure that the first batch of scooters are to be assembled on time. (a) Each scooter assembly should not exceed 24 hours. Table Q2a Task Duration in Hours Start - A 2 Start -B 3 A-C 5 A-D 4 В -С В -F С -Е 3 C-F Dummy* D- End E- End 1 3 F- End (i) Apply PDM to manage and caleulate the float time of the schedule of the project. The relevant tasks and its duration are given in Table Q2a. (ii) You are also required to list the paths and its length and critical path.
QUESTION SIX Consider the following payoff table. STATE OF NATURE S₁ S₂ S3 S₁ S5 So D₁ 7 6 9 11 10 12 D₂ 8 7 12 7 6 10 D₂ 12 10 6 8 9 12 Decision Alternative D₂ 7 14 11 6 7 11 D₂ 5 6 8 10 11 13 D₂ 9 12 12 9 8 If the decision maker is facing conditions of uncertainly, what decision would be made using? (a) Laplace criterion? (b) Maximin criterion? (c) Maximax criterion? (d) Savage criterion? (e) Hurwicz criterion? Use = 0.6. N
Question 3 a) An electronics firm produces electronic components, which it supplies to various electrical manufacturers. Quality control records. indicate that different employees produce different numbers of defective items. The average number of defects produced by each employee for each of six components is given in the following table: Employee 1 2 3 4 5 6 A 30 22 18 14 25 32 B 24 28 22 18 14 Component C 25 18 D 26 30 14 23 14 E 30 20 12 21 16 18 (i) Draw a network diagram for the problem (ii) Del Formulate a linear programming mathematical model for solving the problem. Enter F 22 13 22 30 28 20 End +
XYZ, shoe manufacturing company, was not fulfilling orders due to bad working condition in the factory The management of XYZ Corporation decided to launch an inquiry to find the actual reasons of this problem. Management found that orders were not being met due to the following reasons; • Huge noise created by machines • Production hall was not cleaned and it was leaving a very bad effect on the health conditions of workers, resultantly, they were unable to work efficiently and effectively. Due to the above mentioned two main reasons many shoes were being destroyed and ultimately causing order delays As a quality control manager, what changes would you suggest in the working environment of the Xyz Company so that It can overcome its problem of order delaying?"
Question 14
Make sure there is no plagarism.
management please answers
Q: Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30 $C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1 what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?

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