Answer: $47,000 to $117,000 per year
Explanation: An ocean engineer at a fresher level can earn $47k and with the experience of 10 years in the filed, the salary of an individual can lead up to $117k in a year.
The profession of ocean is considered to be one of the highest paid branch of engineering, with most recruiters belonging to extraction industry. The median salary of an ocean engineer, as per the latest data is $70,285.
Answer:
The Supreme Court ruled in favour of the Complainants, enforcing the contract.
Explanation:
The Lucy Vs Zehmer case was one of decision on if a contract was binding or not on the basis of the undisclosed intentions of the parties involved in the contract. Zehmer alleged that he had jokingly sold and transferred title to Lucy while drunk. However the court ruled that contract for the sale of land to Lucy was valid on the basis that the secret intentions of Zehmer was not known or disclosed in the sale of the land and only his actions count for the contract to be binding.
Answer:
The ticket price that maximizes revenue is $18.10
Explanation:
Hi, first we need to construct the revenue equation in terms of the additional dollar charge (that would be X). That is:
![Revenue=Price*Quantity](https://tex.z-dn.net/?f=Revenue%3DPrice%2AQuantity)
![Revenue=(8.5-X)(1,800-65X)](https://tex.z-dn.net/?f=Revenue%3D%288.5-X%29%281%2C800-65X%29)
So we expand it:
![Revenue=15,300-552.5X+1,800X-65X^{2}](https://tex.z-dn.net/?f=Revenue%3D15%2C300-552.5X%2B1%2C800X-65X%5E%7B2%7D)
![Revenue=-65X^{2} +1247.5X+15,300](https://tex.z-dn.net/?f=Revenue%3D-65X%5E%7B2%7D%20%2B1247.5X%2B15%2C300)
This is a parabola, and we need to find its vertex, which in our case that would be the maximum additional dollar charge in order to obtain the highest revenue possible, to find the vertex, we need to consider that:
![Y(X)=AX^{2}+ BX+C](https://tex.z-dn.net/?f=Y%28X%29%3DAX%5E%7B2%7D%2B%20BX%2BC)
And to find the X-coordenate we have to use the following equation.
![Vertex(X)=\frac{-B}{2A}](https://tex.z-dn.net/?f=Vertex%28X%29%3D%5Cfrac%7B-B%7D%7B2A%7D)
In our case, A= -65; B= 1,247.5, so, all should look like this:
![Vertex (X)=\frac{-(1247.50}{2(-65)} =9.6](https://tex.z-dn.net/?f=Vertex%20%28X%29%3D%5Cfrac%7B-%281247.50%7D%7B2%28-65%29%7D%20%3D9.6)
That means, we need to make 9.6 increments of $1 in order to obtain the max revenue possible, therefore, the price would be
Price = $8.50 + $1(9.6)= $8.50 + $9.6 =$18.10
Best of luck.
Answer:
66.7%
Explanation:
Given that,
Design capacity = 6 furnaces per day
Effective capacity = 5 furnaces per day
Efficiency ratio if it repairs an average of 4 furnaces per day:
= (Actual capacity ÷ Possible capacity) × 100
= (4 per day ÷ 6 per day) × 100
= 0.667 × 100
= 66.7%
Therefore, the efficiency ratio is 66.7 percent.
Answer: 2 kanban card sets will be needed.
Explanation: 20% of 10 gauges gives the safety inventory stock.
This will be 20/100 ×10=2
But 10 gauges are produced per hour out of which 2 will be kept as safety inventory stock, making it to be 10-2=8gauges per hour.
Number of kanban cards used for transporting gauges 8/5=1.6
1.6= 2to the nearest whole number.