Practical Business Math Procedures
Practical Business Math Procedures
12th Edition
ISBN: 9781259540554
Author: Jeffrey Slater, Sharon Wittry
Publisher: McGraw-Hill Education
Question
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Chapter 3, Problem 3ECP
To determine

To round: The number 0.7391 to the tenth place.

To determine

To round: The number 0.7391 to the hundredth place.

To determine

To round: The number 0.7391 to the thousandth place.

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In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $31 per doll. During the holiday selling season, FTC will sell the dolls for $39 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is extremely uncertain. Forecasts are for expected sales of 60,000 dolls with a standard deviation of 15,000. The normal probability distribution is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. (a) Determine the equation for computing FTC's profit for given values of the…

Chapter 3 Solutions

Practical Business Math Procedures

Ch. 3.1 - Prob. 11PQCh. 3.1 - Prob. 12PQCh. 3.1 - Prob. 13PQCh. 3.1 - Prob. 1EPQCh. 3.1 - Prob. 2EPQCh. 3.1 - Prob. 3EPQCh. 3.1 - Prob. 4EPQCh. 3.1 - Prob. 5EPQCh. 3.1 - Prob. 6EPQCh. 3.1 - Prob. 7EPQCh. 3.1 - Prob. 8EPQCh. 3.1 - Prob. 9EPQCh. 3.1 - Prob. 10EPQCh. 3.1 - Prob. 11EPQCh. 3.1 - Prob. 12EPQCh. 3.1 - Prob. 13EPQCh. 3.1 - Prob. 1AHCh. 3.1 - Prob. 2AHCh. 3.1 - Prob. 3AHCh. 3.1 - Prob. 4AHCh. 3.1 - Prob. 5AHCh. 3.1 - Prob. 6AHCh. 3.1 - Prob. 7AHCh. 3.1 - Bill Breen earned $1,555, and his employer...Ch. 3.1 - At the local college, .566 of the students are...Ch. 3.1 - Prob. 10AHCh. 3.1 - Prob. 11AHCh. 3.1 - Prob. 12AHCh. 3.1 - Michael Sullivan was planning his marketing...Ch. 3.1 - Prob. 14AHCh. 3.2 - Rearrange vertically and add: 14, .642, 9.34,...Ch. 3.2 - Prob. 2PQCh. 3.2 - Prob. 3PQCh. 3.2 - Prob. 4PQCh. 3.2 - Prob. 5PQCh. 3.2 - Complete by the shortcut method: 9,680÷1,000 Ch. 3.2 - Prob. 7PQCh. 3.2 - Prob. 8PQCh. 3.2 - Prob. 9PQCh. 3.2 - Prob. 10PQCh. 3.2 - Prob. 1EPQCh. 3.2 - Prob. 2EPQCh. 3.2 - Prob. 3EPQCh. 3.2 - Divide and round to the nearest hundredth: 3,824 ÷...Ch. 3.2 - Prob. 5EPQCh. 3.2 - Prob. 6EPQCh. 3.2 - Prob. 7EPQCh. 3.2 - Prob. 8EPQCh. 3.2 - Prob. 9EPQCh. 3.2 - Round to the nearest cent as needed: A trip to...Ch. 3.2 - Prob. 1AHCh. 3.2 - Prob. 2AHCh. 3.2 - Prob. 3AHCh. 3.2 - Prob. 4AHCh. 3.2 - Prob. 5AHCh. 3.2 - Prob. 6AHCh. 3.2 - Jeanne Allyn purchased 12.25 yards of ribbon for a...Ch. 3.2 - Prob. 8AHCh. 3.2 - Prob. 9AHCh. 3.2 - Prob. 10AHCh. 3.2 - Prob. 11AHCh. 3 - Prob. 1ECPCh. 3 - Identify the place value for the following: Ch. 3 - Prob. 3ECPCh. 3 - Prob. 4ECPCh. 3 - Prob. 5ECPCh. 3 - Prob. 6ECPCh. 3 - Prob. 7ECPCh. 3 - Round the following as indicated: LU...Ch. 3 - Prob. 9ECPCh. 3 - Prob. 10ECPCh. 3 - Convert the following types of decimal fractions...Ch. 3 - Convert the following types of decimal fractions...Ch. 3 - Convert the following types of decimal fractions...Ch. 3 - Convert the following types of decimal fractions...Ch. 3 - Prob. 15ECPCh. 3 - Prob. 16ECPCh. 3 - Prob. 17ECPCh. 3 - Prob. 18ECPCh. 3 - Convert the following decimals to fractions. Do...Ch. 3 - Convert the following decimals to fractions. Do...Ch. 3 - Convert the following decimals to fractions. Do...Ch. 3 - Convert the following decimals to fractions. Do...Ch. 3 - Convert the following decimals to fractions. Do...Ch. 3 - Convert the following decimals to fractions. Do...Ch. 3 - Convert the following decimals to fractions. Do...Ch. 3 - Convert the following to mixed numbers. Do not...Ch. 3 - Convert the following to mixed numbers. Do not...Ch. 3 - Prob. 28ECPCh. 3 - Prob. 29ECPCh. 3 - Prob. 30ECPCh. 3 - Write the decimal equivalent of the following: LU...Ch. 3 - Prob. 32ECPCh. 3 - Rearrange the following and add: LU 3-2(1) 115,...Ch. 3 - Prob. 34ECPCh. 3 - Prob. 35ECPCh. 3 - Prob. 36ECPCh. 3 - Prob. 37ECPCh. 3 - Prob. 38ECPCh. 3 - Prob. 39ECPCh. 3 - Prob. 40ECPCh. 3 - Prob. 41ECPCh. 3 - Prob. 42ECPCh. 3 - Prob. 43ECPCh. 3 - Prob. 44ECPCh. 3 - Prob. 45ECPCh. 3 - Prob. 46ECPCh. 3 - Divide the following and round to the nearest...Ch. 3 - Prob. 48ECPCh. 3 - Prob. 49ECPCh. 3 - Prob. 50ECPCh. 3 - Prob. 51ECPCh. 3 - Prob. 52ECPCh. 3 - Prob. 53ECPCh. 3 - Complete these multiplications and divisions by...Ch. 3 - Prob. 55ECPCh. 3 - Prob. 56ECPCh. 3 - Prob. 57ECPCh. 3 - Prob. 58ECPCh. 3 - Prob. 59ECPCh. 3 - Prob. 60ECPCh. 3 - Prob. 61ECPCh. 3 - Prob. 62ECPCh. 3 - WORD PROBLEMS As needed, round answers to the...Ch. 3 - Prob. 64ECPCh. 3 - Prob. 65ECPCh. 3 - Prob. 66ECPCh. 3 - As needed, round answers to the nearest cent. The...Ch. 3 - Prob. 68ECPCh. 3 - As needed, round answers to the nearest cent. Mark...Ch. 3 - Prob. 70ECPCh. 3 - As needed, round answers to the nearest cent. Bob...Ch. 3 - Prob. 72ECPCh. 3 - Prob. 73ECPCh. 3 - Prob. 74ECPCh. 3 - As needed, round answers to the nearest cent. Paul...Ch. 3 - Prob. 76ECPCh. 3 - Prob. 77ECPCh. 3 - Prob. 78ECPCh. 3 - Prob. 79ECPCh. 3 - Prob. 80ECPCh. 3 - Prob. 81ECPCh. 3 - Prob. 82ECPCh. 3 - Prob. 83ECPCh. 3 - Prob. 84ECPCh. 3 - Prob. 85ECPCh. 3 - Prob. 86ECPCh. 3 - Jill and Frank decided to take a long weekend in...Ch. 3 - Prob. 1PTCh. 3 - Prob. 2PTCh. 3 - Prob. 3PTCh. 3 - Prob. 4PTCh. 3 - Prob. 5PTCh. 3 - Prob. 6PTCh. 3 - Prob. 7PTCh. 3 - Prob. 8PTCh. 3 - Prob. 9PTCh. 3 - Prob. 10PTCh. 3 - Convert the following fractions to decimals (or...Ch. 3 - Rearrange the following decimals and add. 5.93,...Ch. 3 - Prob. 13PTCh. 3 - Prob. 14PTCh. 3 - Prob. 15PTCh. 3 - Prob. 16PTCh. 3 - Prob. 17PTCh. 3 - Prob. 18PTCh. 3 - Prob. 19PTCh. 3 - Prob. 20PTCh. 3 - Prob. 21PTCh. 3 - Prob. 22PTCh. 3 - Prob. 23PTCh. 3 - Prob. 1CRCh. 3 - Prob. 2CRCh. 3 - Prob. 3CRCh. 3 - Prob. 4CRCh. 3 - Prob. 5CRCh. 3 - Prob. 6CRCh. 3 - Prob. 7CRCh. 3 - Prob. 8CRCh. 3 - Prob. 9CR
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