Mom &Pop Inc. has a demand forecast for the next 6 month. It can currently produce 2000 units per month and each worker can
produce 250 units per month each. If company is using a pure level strategy, how many units in total needs to be back ordered for a period?
Month 1 2 3 4 5 6
Demand 1,000 500 3,000 4,000 3,000 500
A. Mom &Pop Inc hires for 2 month
B. Mom &Pop Inc hires 19 workers in total
C. Mom &Pop Inc fires 20 workers in total
D. Mom &Pop Inc fires workers in during month 6
Month 1 2 3 4 5 6
Demand 1,000 500 3,000 4,000 3,000 500
A. Mom &Pop Inc hires for 2 month
B. Mom &Pop Inc hires 19 workers in total
C. Mom &Pop Inc fires 20 workers in total
D. Mom &Pop Inc fires workers in during month 6
1 answer:
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Answer:
The size of the fund at the end of 7 years is $483.110
Explanation:
Number of quarters = 4
We are given that the nominal rate of discount convertible quarterly is 4/41
Discount rate in each quarter =
Let A is the value after discount and X is the original value:
Now To calculate the value after 7 years we need to multiply each value by the interest raised to the correct power.
A=483.110
Hence the size of the fund at the end of 7 years is $483.110