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Goshia [24]
3 years ago
11

The management of Madeira Computing is considering the introduction of a wearable electronic device with the functionality of a

laptop computer and phone. The fixed cost to launch this new product is $300,000. The variable cost for the product is expected to be between $160 and $240, with a most likely value of $200 per unit. The product will sell for $300 per unit. Demand for the product is expected to range from 0 to approximately 20,000 units, with 4,000 units the most likely.
Model the variable cost as a uniform random variable with a minimum of $160 and a maximum of $240. Model product demand as 1,000 times the value of a gamma random variable with an alpha parameter of 3 and a beta parameter of 2. Construct a simulation model to estimate the average profit and the probability that the project will result in a loss.

Business
1 answer:
Stels [109]3 years ago
3 0

Answer:

Explanation:

Find attached the solution and the relevant formulas

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Suppose that the required reserve ratio is 20 percent for commercial banks and there are currently no excess reserves. Then, one
zysi [14]

Answer:

The amount of money created will be $1,250,000

Explanation:

In order to find the maximum amount of money that will be created in the banking system as a result of a deposit, we need to find the money multiplier.

Multiplier = 1/reserve ration = 1/0.2 = 5

The amount of money created = Multiplier *Initial deposit

Amount of money created = 5* 250,000

= 1,250,000

4 0
3 years ago
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3 years ago
The geometric average return answers the question What was your return in an average year over a particular period?
Andreyy89

Answer: A. What was your average compounded return per year over a particular period?

Explanation:

Geometric return is calculated by the formula;

= [(1 + r1) * (1 + r2) * (1 + r3) *.... (1 + rn)] ^1/n

This allows for one to calculate the compounding effect over a period of time by showing the compounded annual growth rate which means that it tells what the average compounded return was per year in a particular period.

6 0
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Cause and Effect. Appointed people for their abilities,not for their class. What is the effect?
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People going on strikes and boy cotting.

Hope this helps
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Service industry, job costing, law firm. Kidman &amp; Associates is a law firm specializing in labor relations and employee-rela
evablogger [386]

Answer:

Explanation:

Budgeted direct cost rate= budgeted direct cost/professional labor hours available =97500/1500=$65 per labor hour

Budgeted indirect cost rate= Budgeted indirect cost/ professional labor hours = 2475000/45000= $55

Job R:

Direct cost:

Job R - 120H*65=7800

Add: Indirect cost:

120H* 55=6600

TOTAL R JOB=14400

Job P:

DC:

Job P - 160H*65=10400

IC:

160H*55=8800

TOTAL P JOB=19200

8 0
3 years ago
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