Answer:
$481
Explanation:
Amount paid = Amount lent - Amount left
Amount paid = $14,033 - $8,261
Amount paid = $5,772
Average amount paid each month = Amount paid / Number of months
Average amount paid each month = $5,772 / 12
Average amount paid each month = $481
So, the average amount of Diego's monthly payments is $481.
Answer:
maximum
Explanation:
The newsvendor model may be defined as the mathematical model which is characterize by the fixed prices as well as the uncertain demand for the perishable products. This model is mainly used to determine the optimal inventory level.
According to the newsvendor model, there is only one opportunity to order. The cost of buying large quantities of the products may result in disposing them or selling the products at a lower price.
The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.
Answer: 2,200 units.
Explanation:
The complete exercise is:
![T = 5c + 12 f](https://tex.z-dn.net/?f=T%20%3D%205c%20%2B%2012%20f)
A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?
Given the following equation:
![T = 5c + 12 f](https://tex.z-dn.net/?f=T%20%3D%205c%20%2B%2012%20f)
You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.
Based on the information given in the exercise, you can identify that, in this case:
![T=47,000\\\\f=3,000](https://tex.z-dn.net/?f=T%3D47%2C000%5C%5C%5C%5Cf%3D3%2C000)
Then, knowing those values, you need to substitute them into the given equation:
![47,000 = 5c + 12(3,000)](https://tex.z-dn.net/?f=47%2C000%20%3D%205c%20%2B%2012%283%2C000%29)
And finally, you must solve for "c" in order to calculate the number of units that were shipped to the closer location.
You get that this is:
![47,000 = 5c + 12(3,000)\\\\47,000-36,000 = 5c\\\\11,000=5c\\\\\frac{11,000}{5}\\\\c=2,200](https://tex.z-dn.net/?f=47%2C000%20%3D%205c%20%2B%2012%283%2C000%29%5C%5C%5C%5C47%2C000-36%2C000%20%3D%205c%5C%5C%5C%5C11%2C000%3D5c%5C%5C%5C%5C%5Cfrac%7B11%2C000%7D%7B5%7D%5C%5C%5C%5Cc%3D2%2C200)
Answer: Industries have more difficulty opening since they will have to resort to bribes from government people.
Explanation: When corruption is very marked in a country, many people know that the way to obtain benefits is through certain bribes. In the case of industries, in order for them to open they have to resort to bribes made by government personnel to have the opportunity for their construction to take place.