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salantis [7]
3 years ago
13

A common bracket can be purchased in large quantities for $0.67. The company can make the bracket at a variable cost of $0.41 by

buying a machine for $33,000. Demand over the next two years (the anticipated life of the product and machine) is estimated to be normally distributed with mean 100,000 units and a standard deviation of 10,000 units. Would you recommend making or buying this bracket?
Business
1 answer:
Dominik [7]3 years ago
6 0

Answer:

we recommnend to buy this bracket

Explanation:

The computation is shown below:

Given tyhat

Buying cost of the machine = $33,000 = x

x_1 = $0.67

And, x_2 = $0.41

Now the break even point is

X = x ÷ (x_1 - x_2)

= $33,000 ÷ ($0.67 - $0.41)

= 126,923 units

Therefore

Probability  (Demand > Break even point)

= 1 - \phi ($126,923 - 100,000) ÷ 10,000

= 1 - \phi (2.69)

= 0.36%

where

\phi = function of cumulative distribution of N (0,1)

Therefore the probability is that it makes economically the items would be lesser

Thus, we recommnend to buy this bracket

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( WILL GIVE BRAINLIEST!!!) Type the correct answer in the box. Spell all words correctly.
aleksklad [387]

Answer:

0.90

Explanation:

The debt to equity ratio is a type of leverage ratio. It is also known as a risk ratio. It is calculated using the formula below.

Debt to Equity Ratio=Total Shareholders Equity/ Total Liabilities​​.

Shareholders' equity is comprised of retained earnings, share capital, income, and dividends.

Total liabilities are the current liabilities plus long term liabilities.

For Creatz Ltd, Total liabilities are $3500 + $7500= $11,000

Shareholders is $10,000

debt to equity ration

= $10,000/$11,000

=0.90

8 0
2 years ago
The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. w
Vinvika [58]

Answer:

B) Will become flatter as output increases if there are diminishing returns to the variable input

Explanation:

8 0
3 years ago
In your initial post, you are to write to either the President (on fiscal policy) or to the Chair of the Federal Reserve (on mon
german

Answer:

The existing state of American economy must be declared earlier respondent the interrogation.

The U.S. financial position is vigorous in 2017.The value rate is in its perfect vary i.e., 2.4 (2-3%).Joblessness is at its ordinary proportion and there isn't an excessive amount of rise or decrease. Conversely, the value is predicted to descent to a pair of 2.1% in 2018 and 2.0 in 2019. Drop in value would cause decrease in GDP and growth in state.

To avoid this drop I will be able to inscribe to manager of Federal Reserve Bank to cut back the rate (expansionary financial policy).Federal reserve will try this by shopping for bonds. Once Federal Reserve purchases bonds the money offer increases and rate decreases. As rate decreases mixture demand and financial gain increases. With escalation in financial gain and mixture demand the value wouldn't decrease in 2018 and 2019.

I would not recommend an expansionary economic policy as a result of it increases the rate yet and thus results in situation out.

6 0
2 years ago
Economic Ordering Quantity (EOQ). The Gentry Garden Center sells 100,000 bags of lawn fertilizer annually. The optimal safety st
GalinKa [24]

Answer:

1. Annual demand ( D) = 100,000 bags

Ordering cost per order (Co) = $15

Holding cost per item per annum (H) = 15% x  $2 = $0.30

EOQ = √<u>2DCo</u>

                H

EOQ = √<u>2 x 100,000 x $15</u>

                  0.30

EOQ = 3,162 units

2. Maximum inventory

   = Safety stock + EOQ

   = 1,500 + 3,162

   = 4,662 units

3. Average inventory

   = EOQ/2

   = <u>3,162</u>

         2

   = 1,581 units

4. Number of order

   = <u>Annual demand</u>

            EOQ

   = <u>100,000</u>

        3,162

  = 32 times

       

Explanation:

EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by  holding cost per item per annum.

Maximum inventory is the aggregate of safety stock and EOQ.

Average inventory is economic order quantity divided by 2

Number of order is the ratio of annual demand to economic order quantity.

3 0
3 years ago
. If the price elasticity of demand for pineapple is 0.75, a 4% increase in the price of pineapple will lead to a A. 3% decrease
ludmilkaskok [199]

Answer:

A) 3% decrease in the quantity demanded of pineapple.

Explanation:

We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.

In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.  

Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%

3 0
3 years ago
Read 2 more answers
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