The maximum daily profit for the company is $860
<h3>
What is an inequality</h3>
Inequality is an expression that shows the non equal comparison of two or more variables and numbers.
Let x represent the number of bed and y represent the number of pillow, hence:
4x + 2y ≤ 40 (1)
Also:
2x + 4y ≤ 32 (2)
From the graph, the solution is at:
(8, 4)
Profit = 80x + 55y = 80(8) + 55(4) = $860
The maximum daily profit for the company is $860
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Answer:
Correct answer is C. $ dollars.
Calculation:
Rate of Retun PU = (21%*605,000)/58,700 = 2.16
Fixed factory overhead PU = 38,500/58,700 = 0.66
Fixed selling and administration PU= 8000/58,700 = 0.14
Variable DM PU = 5.17
Variable Labour PU = 1.88
Variable FOH PU = 1.33
Variable selling and Admin PU = 4.5
By adding all above mentioned per unit cost we get 15 dollars aprox
so
Correct answer is 15 dollar.
Answer:
The annual difference between Option 1 (15 years) and Option 2 (20 years) is $7,211.19 in favor of the first one.
Explanation:
Giving the following information:
Option 1:
Number of years= 15
FV= 450,000
i= 0.0525
Option 2:
Number of years= 20
FV= 450,000
i= 0.0525
To calculate the annual cash flow, we will use the following formula on each option:
A= (FV*i)/{[(1+i)^n]-1}
A= annual cash flow
<u>Option 1:</u>
A= (450,000*0.0525) / [(1.0525^15) - 1]
A= $20,464.72
<u>Option 2:</u>
A= (450,000*0.0525) / [(1.0525^20) - 1]
A= $13,253.53
The annual difference between Option 1 (15 years) and Option 2 (20 years) is $7,211.19 in favor of the first one.
Answer:
$0.013
0.010724
Explanation:
Given that :
Mean, m = 36500
Standard deviation, s = 5000
Refund of $1 per 100 mile short of 30,000 miles
A.) Expected cost of the promotion :
P(X < 30,000)
Using the Zscore relation :
Zscore = (x - m) / s
Zscore = (30000 - 36500) / 5000
= - 6500 / 5000
= - 1.3
100 miles = $1
1.3 / 100 = $0.013
b. What is the probability that Grear will refund more than $50 for a tire?
100 miles = $1
$50 = (100 * 50) = 5000 miles
Hence, more than $50 means x < (30000 - 5000) = x < 25000 miles
P(x < 25000) :
(25000 - 36500) / 5000
-11500 / 5000
= - 2.3
P(z < - 2.3) = 0.010724 (Z probability calculator)
To reduce the cost of higher education, what should not be done is to get low grades, because they can sanction you and you will have to repeat some subjects.
<h3>What is higher education?</h3>
Higher education is the education that a person accesses to specialize professionally in an area of knowledge. Higher education is found in universities and there different specialized subjects are taken around a profession.
<h3>What to do to reduce the value of higher education?</h3>
To reduce the value of higher education, some students access scholarships that allow them to reduce these costs. However, scholarships generally require them to have high grades and maintain a high level of academic performance.
Therefore, if we want to reduce these costs we must get high grades and maintain a high average. On the other hand, if our grades are low, we are going to increase costs because we are going to have to pay for additional classes or repeat some of them.
Learn more about higher education in: brainly.com/question/2500637
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