Answer:
The residual would be 4569.
Explanation:
Residual is a difference between the observed value and the estimated value.
123,415 - 118,846 = 4569
<span>If the overheads increase, the price of cars will go up too. If it didn't go up then the company would either be having lower revenue or they would be losing money. This way, they increase the price of the car to negate the increase of the overhead. This might however lead to the lack of demand for a more expensive car so they would certainly have to find a way to go around this.</span>
Answer: Total Economic Surplus
Explanation:
Diagram is shown in the attached document.
The current worth of an anticipated future stream of cash flow is known as the present value, or PV. Using Microsoft Excel, present value may be estimated rather rapidly.
Most of the time, rather than simply one cash flow, a financial analyst must determine the net present value of a group of cash flows. The net present value, or NPV, returns the cash flows' net value in today's currency. The future value FV is divided by a factor of 1 + I for each interval between the present date and the future date in the present value formula, PV=FV/(1+i)n. For the PV calculation, enter the following data into the present value calculator: The FV, or future value.
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Answer:
95.22 units
Explanation:
The computation of the number of quantities for ordering the items is shown below:
For this question, we need to find out the economic order quantity which is
where,
Annual demand is 1,700 units per year
Ordering cost per order is $8
Carrying cost per unit is $3
Now placing these values to the above formula
So, the economic order quantity is
= 95.22 units
We simply applied the above formula to find out the number of quantities for order
