Answer:
49250
Explanation:
Calculation through North West corner Method:
From Chicago Atlanta Supply
St. Louis 40 65 250
Richmond 70 30 400
Demand 300 350 -
The matrix is balance matrix because demand is equals to supply.
In first step of North West corner method:
We supply 250 units to the Chicago for St. Louis is 40.
We supply 50units to the Chicago for Richmond is 70.
We supply 350units to the Chicago for Richmond is 30.
We supply 350units to the Chicago for Richmond is 30.
Calculation for the degree of freedom is:
=
Raw
total
+
Colum
total
−
1
=
2
+
2
−
1
=
4
Now introduce the
θ
on that value where the lope is note created and the value is 65:
The calculation for the cost is:
=
250
×
65
+
300
×
70
+
400
×
30
=
49250
An inner tube for a swimming pool would be in high demand during the summer months, and in incredibly low demand in the winter months.
Answer: $18984.9
Explanation:
Your question isn't complete as you didn't give the interest rate. Let's assume that the interest rate is 12%.
Therefore, the present value will be:
= 3000 + 3000[1 - (1 + 0.12)^-10+1] / 0.12
= 3000 + (3000 × 5.3283)
= 3000 + 15984.9
= 18984.9
Therefore, the present value is $18984.9
Answer:
The net present value is $3,624
Explanation:
Net present value is the sum of all cash inflows and outflows in present value terms. It is calculated by discounting each cash flow with given interest rate and for specified period of time.
Net present value of this project is $3,623.84
All the workings and calculations are made in an MS Excel File which is attached with this answer.
Answer:
The number of units sold in 2016 is 12,058 units
Explanation:
The number of units sold in the year 2016 is simply the total revenue in 2016 divided by selling price per unit.
Total revenue =net income+total variable cost+total fixed cost
net income for 2016 is $152,800
assuming X units were sold
total variable cost =$92*X
fIxed cost =$570,700
total revenue=$152*X
152X=152800+92X+570700
152X-92X=152800+570700
60X =723500
X =723500
/60
X=12058.33
Alternatively, the number of units sold is total contribution divided by contribution per unit
