When people estimate their confidence while providing eyewitness testimony?

3. A company manufactures two types of products: A and B. Three resources R1, R2, and R3 are required to make these products. a.

mojhsa [17]

Answer:

(i)The units of production of Product A and B (x and y) are the decision variables

(ii)Objective is to maximize profit

(iii)Objective function, Max P=20x+50y

(iv)The Contraints are:

8x+2y $\leq$ 500....(i)

2x+5y $\leq$ 400.......(ii)

3y $\leq$ 180

x>0, y>0

Explanation:

Let the number of Product A=x

Let the number of Product B=y

Each unit of product A requires 8 units of R1 and 4 units of R2.

Each unit of product B requires 2 units of R1, 5 units of R2, and 3 units of R3

The availabilities of resources R1, R2, and R3 are 500, 400, and 180

Since R1 $\leq$ 500,

Product A requires 8 units of R1 per production unit

Product B requires 2 units of R1 per production unit

Total Unit of R1 possible is given by the inequality: 8x+2y $\leq$ 500....(i)

Since R2 $\leq$ 400,

Product A requires 2 units of R2 per production unit

Product B requires 5 units of R2 per production unit

Total Unit of R2 possible is given by the inequality: 2x+5y $\leq$ 400....(ii)

Since R3 $\leq$ 180,

Product B requires 3 units of R2 per production unit

Total Unit of R2 possible is given by the inequality: 3y $\leq$ 180....(iii)

Since the manufacturer also makes a profit of $20 and $50 for products A and B, our objective is to maximize profit

Therefore: Objective function, Max P=20x+50y ......(iv)

5 0

3 years ago

Fiscal policy is Question 20 options: the money supply policy that the Fed pursues to achieve particular economic goals. the spe

laiz [17]

Answer:

the spending and tax policy that the government pursues to achieve particular macroeconomic goals.

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

Fiscal policy typically includes the spending and tax policy that a government pursues in order to achieve particular macroeconomic goals such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.

According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers.

Generally, an economy will return to its original level of output (production) and price level when the short-run aggregate supply curve falls (decreases) and no changes in monetary and fiscal policies are implemented.

7 0

3 years ago

Sanders, Inc., paid a $3 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo

jolli1 [7]

Answer:

$32.20

Explanation:

The computation of the value of the stock is shown below:

Dividend per share = $3

The Required rate of return = 15%

Return on equity = 13%

Dividend payout ratio = 60%

Based on the above information,

First we have to determine the growth rate which is

Growth rate = (1 - Div Payout ratio) × ROE

= (1 - 60%) × 13%

= 5.20%

Now the value of the stock is determined by using the Gordon model

= Last year dividend × (1 + growth rate) ÷ (Required rate of return - growth rate)

= $3 × (1 + 5.20%) ÷ (15% - 5.20%)

= $32.20

3 0

3 years ago

Which of the following statements is true of a linear cost function? A. It presents total cost as an intercept. B. It presents

mixer [17]

Answer:

Option B It presents variable cost as a slope coefficient

Explanation:

The reason is that the total cost function is:

Y = a + bx

The total cost in this case is Y, a is fixed cost as an intercept, b is variable cost represented as an slope and coefficient and x is level of activity which is independent of Y.

So the right answer is option B.

8 0

3 years ago

Create your own WBS is for a project by using the mind-mapping approach. Break at least two level two items down to level four.

bonufazy [111]

Experienced project managers know that many things can go wrong in projects, regardless of how successfully the work is planned and executed. Component or full-project failures, when they do occur, can often be traced to a poorly developed or nonexistent WBS. A poorly constructed WBS can result in adverse project outcomes including ongoing, repeated project re-plans and extensions, unclear work assignments, scope creep or unmanageable, frequently changing scope, budget overrun, missed deadlines, and unusable new products or delivered features.

The WBS is a foundational building block to initiating, planning, executing, and monitoring and controlling processes that are used to manage projects as they are described in the PMBOK® Guide—Third Edition (PMI, 2004). Typical examples of the contribution that the WBS makes to other processes are described and elaborated in the Practice Standard for Work Breakdown Structures–Second Edition (PMI, 2006).

6 0

3 years ago