Answer:
Using EMV analysis, the number of units of the new product should be purchased for resale = Purchase 7.
The maximum EMV of profit you can make is 270.
Explanation:
We can use the following method to solve the given problem
Solution:
Using EMV analysis,
EMV (Purchase 6 for resale)= 6(40)(0.1) + 6(40)(0.4) + 6(40)(0.5)=240
EMV (Purchase 7 for resale) = [6(40)-60](0.1) +7(40)(0.4) + 7 (40)(0.5) = 270
EMV (Purchase 8 for resale) = [6(40)-2(60)] (0.1) + [7 (40) - 60] (0.4) + 8(40)(0.5)= 260
Largest EMV= 270; Choose to purchase 7 units for resale.
Step-by-step explanation:
Hopefully this helps :)
5000(1+.085/4)^n=1000
to find n use log:
1.02125^n
N X log1.02125
when computed=32.9
round to 33 quarters compounded
33/4
equals to 8 years 3 months
Answer:
The answer to this question is option B which is $42.55.
The above statement shows that Muriel has kept track of her income and also expenses for the week in the spreadsheet.
By using the spreadsheet, you can easily calculate the restaurant bill of Muriel. The Muriel’s restaurant bill is calculated as $42.55
Answer: 5 nights
Step-by-step explanation: Mr. Gareth's Entertainments has a one time fee of $5.00, then charges $0.50 per night for a game, while Ben's Video shack charges $1.50 to rent a video game for a night. We can set up equations for both places. We can let x = the amount of nights the game is being rented for. Mr. Gareth's Entertainments = $0.50x + $5.00 because $0.50 is being charged every night and $5.00 was charged only once. Ben's Video shack = $1.50x. We can make the equations equal to eachother, so $1.50x = $0.50x + $5.00
We can subtract by $0.50x both sides to make it so only one side will have x. This will make the equation easier to solve. By subtracting $0.50x from both sides, we get $1.00x = $5.00. Since we made x = the amount of nights the game is being renmted for, we know x = 5, so it would take 5 nights.
We can double check. $1.50 * 5 = $7.50
$0.50 * 5 = $2.50
$2.50 + $5 = $7.50
Answer:
$54.75
Step-by-step explanation:
0.05 x 365 = 18.35
18.25 x 3 = 54.75
