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Naya [18.7K]
3 years ago
14

The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were unemployed for the entire year,

while the rest of the labor force was employed continuously. In Hyde, every member of the labor force was unemployed for three months and was employed for nine months. The average duration of unemployment spells over the year was _____ months in Jekyll and _____ months in Hyde.
Business
1 answer:
Gennadij [26K]3 years ago
5 0

Answer:

Explanation:

The towns of Jekyll and Hyde each have a labor force of 2,000 people. In Jekyll, 500 people were unemployed for the entire year, while the rest of the labor force was employed continuously. In Hyde, every member of the labor force was unemployed for three months and was employed for nine months. The average duration of unemployment spells over the year was 12 months in Jekyll and 3 months in Hyde.

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Answer:

46,734 units per run

Explanation:

total estimated demand = 700,000 containers

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manufacturing cost = $0.47 per container

holding cost = $0.35 per container

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total setup costs = 546r = 546 (700,000/x) = 382,200,000/x

production costs = 0.47 x 700,000 = 329,000

storage cost per unit= 1/2r x 0.35 = 0.35/2(700,000/x) = 0.35x/1,400,000

total storage costs = 700,000 x 0.35x/1,400,000 = 0.175x

C(x) = 382,200,000/x + 0.175 x + 329,000

now we find the derivative:

C'(x) = -382,200,000/x² + 0.175

382,200,000/x² = 0.175

382,200,000 = 0.175x²

x² = 382,200,000 / 0.175 = 2,184,000,000

x = √2,184,000,000 = 46,733.28 ≈ 46,734 units per run

this answer is based on a continuous production process, there are 14.98 runs per year

6 0
3 years ago
Stock Z is trading at $50 today. In one year, the value will go either up to $62.50 or down to $40. A call option on Z with exac
PilotLPTM [1.2K]

Answer:

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What is the permeter of a rectangle
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I'd go with B.Extradition.
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