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Snowcat [4.5K]
3 years ago
12

Digg Deep Inc. makes and leases a backhoe to Estes. Due to a defect attributable to Digg Deep's negligence, Estes is injured in

an accident in which his neighbor Fortis is also hurt. In a product liability suit based on negligence, Digg Deep may be liable to __________.
Business
1 answer:
Rainbow [258]3 years ago
5 0

Answer: Estes and Fortis

Explanation: Product liability suit is the region of legislation in which producers, distributors, suppliers, dealers, and others who make commodities accessible or lease products to the public are held accountable for harms those products cause.

The negligence could occur in the production operation involving low -quality materials, design negligence when the commodity is naturally hazardous or useless hence inadequate despite the care applied when producing it or marketing negligence when the important product instructions and warnings are not given prior to the usage. In this case, Dig Deep Inc. is liable to Estes and Fortis for the injury they sustained from using their product, backhoe.

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Suppose that a lumberyard has a supply of 10-ft boards, which are cut into 3-ft, 4-ft, and 5-ft boards according to customer dem
Alja [10]

Answer :

Some answers are attached below

Explanation:

a) Based on the information provided, below are the all possible sensible patterns the lumberyard may use to cut the 10-ft boards -

Pattern Number 3-ft boards 4-ft boards 5-ft boards Waste (<3-ft)

1                      3                   0                     0                       1                                                                        

2                                2                 1                          0                      0

3                             1                    0                           1                       2            

4                                 0                     1                          1                        1

5                           0                      2                           0                       2                  

6                      0                     0                            2                     0      

b) ILP Formulation

Objective Function

Minimize Number of 10 ft-boards to be cut

Z = x1+x2+x3+x4+x5+x6 where xi is the number of boards for pattern i

subject to constraints -

3x1+2x2+x3>=90 ----> 3-ft boards

x2+x4+2x5>=60 ----->4-ft boards

x3+x4+2x6>=60 ----->5-ft boards

Xi>=0 ---->Non-negativity constraint

Below is the excel solver formulation and solution -

The optimal number of Pattern 1,5,6 =0, Pattern 2,3 and 4 = 30

The minimum number of 10 ft-boards to be cut = 90

7 0
3 years ago
Read 2 more answers
Can someone help with my accounting paper?​
nata0808 [166]

sure.. where is it? can u show?

3 0
3 years ago
Read 2 more answers
Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,000 $ 220,000 Input: Labor 30,000
Gelneren [198K]

Answer and Explanation:

1.Total productivity = output/input

For last year

Output = 200,000

Input = 30000+35000+5000+50000+2000

= 122000 dollars

Output/input = 200000/122000 = 1.64

For current year

Output = 220000

Input = 40000+45000+6000+50000+3000

= 144000

Output/input = 220000/144000

= 1.53

Percentage change = [(1.53-1.64)/11.64} x 100

= -6.70

Partial measure of labor

For last year

Output = 200000

Input = 30000

Output/input = 200000/30000 = 6.67

For current last

Output = 220000

Input = 40000

Output/input = 220000/40000

= 5.50

Percentage change = (5.5-6.67)/6.67*100

= -17.54%

Percentage measure of raw material

For last year

Output = 200000

Input = 35000

Output/input = 200000/35000 = 5.71

For current year

Output = 220000

Input = 45000

Output/input = 220000/45000 = 4.89

Percentage change = (4.88-5.71)/5.71 * 100

= -14.36%

Percentage measure of capital

For last year

Output = 200000

Input = 50000

Output/input = 200000/50000 = 4

Current year

Output = 220000

Input = 50000

Output/input = 220000/50000 = 4.40

Percentage change = (4.40 - 4.00)/4.40 x 100

= 10%

The overall percentage change for total productivity is negative, this tells us that productivity is on a decline. Partial measure of labor and raw material is decreasing but that of capital is increasing

6 0
4 years ago
A company has a beginning owner’s capital of $100,000. It has net loss for the current year of $50,000 and paid $10,000 in divid
11111nata11111 [884]

Answer:

The ending owner’s capital for the company is $40,000

Explanation:

For computing the ending owner capital, the following equation should be used which is shown below:

Ending owner capital = Beginning owner capital - net loss - dividend paid to shareholders

= $100,000 -- $50,000 - $10,000

= $40,000

The net loss and dividend decrease the owner equity which ultimately decreases the capital. So, we deduct these amounts.

Hence, the ending owner’s capital for the company is $40,000

5 0
3 years ago
Baiman, Inc. issues $1,000,000 of zero-coupon bonds that mature in 10 years. Compute the bond issue price assuming that the bond
kvv77 [185]

Answer:

Zero-cupon bond= $376,889.48

Explanation:

Giving the following formula:

Face value= $1,000,000

Mature= 10*2= 20 semesters

Market rate= 0.1/2= 0.05

<u>To calculate the price of the bond, we need to use the following formula:</u>

Zero-cupon bond= [face value/(1+i)^n]

Zero-cupon bond= [1,000,000 / (1.05^20)]

Zero-cupon bond= $376,889.48

3 0
3 years ago
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