Answer:
Explanation:
a.
Finding Weights
Apple => 600 * 500 = 300,000
Cisco => 10,000 * 20 = 200,000
CP => 5,000 * 100 = 500,000
Total = 1,000,000
Each Weight
Apple => 300,000 / 1,000,000 = 30%
Cisco => 200,000 / 1,000,000 = 20%
CP => 500,000 / 1,000,000 = 50%
b.
Using
(Rate*Weight)
(0.3 * .12) + (0.2 * .10) + (0.5 * .08) = 0.096 = 9.6%
c.
New Weights
Apple => 600 * 525 = 315,000
Cisco => 10,000 * 25 = 250,000
CP => 5,000 * 87 = 435,000
Total = 1,000,000
Each Weight
Apple => 315,000 / 1,000,000 = 31.5%
Cisco => 250,000 / 1,000,000 = 25%
CP => 435,000 / 1,000,000 = 43.5%
