[Solved] As sales manager for Montevideo Productions, Inc., you are planning to review the prices you charge clients for television
As sales manager for Montevideo Productions, Inc., you are planning to review the prices you charge clients for television advertisement development. You currently charge each client an hourly development fee of $2,500. With this pricing structure, the demand, measured by the number of contracts Montevideo signs per month, is 15 contracts. This is down 5 contracts from the figure last year, when your company charged only $2,000.
- Construct a linear demand equation in the form q= ap + b where the number of contracts q is given as a function of the hourly fee p Montevideo charges for development.
- Give a formula for the total revenue obtained by charging $p per hour.
- The costs to Montevideo Productions are estimated as follows: Fixed costs: $120,000 per month and Variable costs: $80,000 per contract. Express Montevideo Productions’ monthly cost as a function of the hourly production charge p.
- Express Montevideo Productions’ monthly profit as a function of the hourly development fee p and hence the price it should charge to maximize the profit.
The XYZ Clothing Company manufactures football boots for sale to College/University bookstores, in Trinidad. Football boots are in runs of up to 500. It cost (in dollars) for a run of x football boots is:
𝐶(𝑥) = 3,000 + 8𝑥 + 0.1𝑥2 0 ≤ 𝑥 ≤ 500
XYZ Clothing sells the football boots at $ 120 each.
(a) How many football boots does XYZ have to sell to breakeven?
(b) How many football boots does XZY have to sell to make maximum profit?
(c) On a labelled pair of axes, sketch the XYZ’s profit function. Label all important points.
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Answer to As sales manager for Montevideo Productions, Inc., you are planning to review the prices you charge clients for television advertisement ……
[Solved] Montevideo Company had the following account balances for the quarter ending March 31
Montevideo Company had the following account balances for the quarter ending March 31, unless otherwise noted: 
Required:
a. Prepare a cost of goods manufactured schedule for the quarter.
b. Prepare a cost of goods sold schedule for the quarter.
c. Calculate total prime costs and total conversion costs.
d. Calculate total product costs and period costs.
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Answer to Montevideo Company had the following account balances for the quarter ending March 31, unless otherwise noted….
[Solved] Carefully read “Alien DNA” and answer the following questions For items 1-3 utilize the following information
Carefully read “Alien DNA” and answer the following questions For items 1-3 utilize the following information: A double-stranded piece of alien nucleic acid has been isolated. Each individual strand of the nucleic acid is 160 nucleotides long for a total of 320 nucleotides in the isolated piece of nucleic acid. An initial analysis shows that of the 320 nucleotides, 95 contain the base uracil
1. How many nucleotides containing the base is Adenine (1A) would be found in the isolated piece of double-stranded nucleic acid?
- a.0
- b. 95
- c. 190
- d. 225
- e. cannot be determined 40
2. How many nucleotides in the piece of alien DNA would contain the base
- a. 40
- b. 70
- c. 95
- d. 140
- e. cannot be determined
3. If it were determined that the sugar-phosphates making the nucleotides in alien macleic acid were similar in nature to those found on Earth, how many phosphate be found in the piece of DNA?
- a. 40
- b. 80
- c. 120
- d. 160
- e. 320 States)
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Answer to Carefully read “Alien DNA” and answer the following questions For items 1-3 utilize the following information:…
[Solved] Successful completion of a project requires finishing the scope of work within budget and a certain time frame
Successful completion of a project requires finishing the scope of work within budget and a certain time frame whilst managing resource utilization, meeting quality expectations and managing risks. All this must be done while assuring customer satisfaction. Discuss how Microsoft could have managed project constraints to successfully deliver the Xbox 360 project. (10 Marks)
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Answer to Successful completion of a project requires finishing the scope of work within budget and a certain time frame whilst managing resource…
[Solved] The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed
The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed.
Q.1 – Compute the simple exponentially smoothed forecast with
Q.2 – Compute the adjusted exponentially smoothed forecast withand
Q.3 – Compare the accuracy of the two forecasts using MAD and MAPD.
and indicate which forecast appears to be most accurate.
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Answer to The Kuwaiti Mutual Fund of growth stocks has had the following average monthly price for the past 10 months: Manual solution is needed….
[Solved] Benson Enterprises is evaluating alternative uses for a three-story manufacturing and warehousing building that it has purchased for $1,610,000.
| Benson Enterprises is evaluating alternative uses for a three-story manufacturing and warehousing building that it has purchased for $1,610,000. The company can continue to rent the building to the present occupants for $77,000 per year. The present occupants have indicated an interest in staying in the building for at least another 15 years. Alternatively, the company could modify the existing structure to use for its own manufacturing and warehousing needs. Benson’s production engineer feels the building could be adapted to handle one of two new product lines. The cost and revenue data for the two product alternatives are as follows: |
| Product A | Product B | ||||
| Initial cash outlay for building modifications | $ | 111,000 | $ | 141,000 | |
| Initial cash outlay for equipment | 211,000 | 246,000 | |||
| Annual pretax cash revenues (generated for 15 years) | 208,000 | 247,000 | |||
| Annual pretax expenditures (generated for 15 years) | 86,000 | 106,000 | |||
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| Benson will depreciate the original building shell (purchased for $1,610,000) over a 30-year life to zero, regardless of which alternative it chooses. The building modifications and equipment purchases for either product are estimated to have a 15-year life. They will be depreciated by the straight-line method. The firm’s tax rate is 40 percent, and its required rate of return on such investments is 14 percent. |
| For simplicity, assume all cash flows occur at the end of the year. The initial outlays for modifications and equipment will occur today (Year 0), and the restoration outlays will occur at the end of Year 15. Benson has other profitable ongoing operations that are sufficient to cover any losses. |
| Alternative 1: |
| What is the value of NPV of the decision to continue to rent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Alternative 2: |
| What is the value of NPV for modifying the building to manufacture Product A? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Alternative 3: |
| What is the value of NPV for modifying the building to manufacture Product B? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
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[Solved] To examine the quantity theory of money, Brumm (2005) (“Money Growth, Output Growth, and Inflation: A Reexamination of the Modern Quantity
Background
To examine the quantity theory of money, Brumm (2005) (“Money Growth, Output Growth, and Inflation: A Reexamination of the Modern Quantity Theory’s Linchpin Prediction,” Southern Economic Journal, 71(3), 661–667] specifies the inflation equation inflat = B1 + Bzmoney + Bzoutput + u where inflat is the growth rate of the general price level, money is the growth rate of the money supply, and output is the growth rate of national output. Economic theory suggests that B2 = 1 and B3 = -1. The dataset brumm.dta consists of 1995 data on 76 countries. Research tasks 1. It is argued that output may be endogenous. Four instrumental variables are proposed, initial – initial level of real GDP, school = a measure of the population’s educational attainment, inv = average investment share of GDP, and poprate average population growth rate.
(a) Give an intuitive explanation as to why output can be endogenous (3 marks) (b) Explain why the proposed IVs can be valid. (6 marks, i.e., 2 marks for understanding of valid IVs and 1 mark for convincing story for each IV)
Call: Im_robust(formula inflat ~ money + output, se_type = “stata”) Standard error type: HC1 Coefficients: Estimate Std. Error t value Pr(>[t]) CI Lower CI Upper DF (Intercept) -0.2342 0.61962 -0.378 7.065e-01 -1.4691 1.001 73 money 1.0331 0.02369 43.603 5.085e-54 0.9859 1.080 73 output -1.6620 0.17591 -9.448 2.706e-14 -2.0126 -1.311 73 Multiple R-squared: 0.9948 Adjusted R-squared: 0.9947 F-statistic: 956.8 on 2 and 73 DF, p-value: < 2.2e-16
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Answer to To examine the quantity theory of money, Brumm (2005) (“Money Growth, Output Growth, and Inflation: A Reexamination of the Modern Quantity….
[Solved] Hierarchical clustering is sometimes used to generate K clusters, K > 1 by taking the clusters at the Kth level of the dendrogram.
Hierarchical clustering is sometimes used to generate K clusters, K > 1 by taking the clusters at the Kth level of the dendrogram. (Root is at level 1.) By looking at the clusters produced in this way, we can evaluate the behavior of hierarchical clustering on different types of data and clusters, and also compare hierarchical approaches to K-means. The following is a set of one-dimensional points: {6, 12, 18, 24, 30, 42, 48}.
(a) For each of the following sets of initial centroids, create two clusters by assigning each point to the nearest centroid, and then calculate the total squared error for each set of two clusters. Show both the clusters and the total squared error for each set of centroids. 1) { 3, 7.5} 2) {15, 25}
b) Do both sets of centroids represent stable solutions, i.e., if the K-means algorithm was run on this set of points using the given centroids as the starting centroids, would there be any change in the clusters generated?
c) What are the two clusters produced by MIN? (MIN is single link clustering, also called minimum method)
d) Which technique, K-means or MIN, seems to produce the “most natural” clustering in this situation?
e) What well-known characteristic of the K-means algorithm explains the previous behavior? Please show detailed calculation of why a point belongs to a specific cluster?
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Answer to Hierarchical clustering is sometimes used to generate K clusters, K > 1 by taking the clusters at the Kth level of the dendrogram……
[Solved] Step Test Protocol 3 minute test predicts VO2max from recovery heart rate after 3 minutes of stepping subjects exercise
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[Solved] Let f satisfy f(t+T)=f(t) for all t>0 and for some fixed positive number T; f is said to be periodic with period T on 0≤t<∞
Let f satisfy f(t+T)=f(t) for all t>0 and for some fixed positive number T; f is said to be periodic with period T on 0≤t<∞. Then, the Laplace transform of f(t) is given by L{f(t)}=11−e−sT∫0Te−stf(t)dt.
Use this fact to find the Laplace transform of the given function.
f(t)={ 1, 0≤t<4
{ -1, 4≤t<8
f(t+8)=f(t)
Enclose numerators and denominators in parentheses. For example, (a−b)/(1+n).
Use an asterisk, *, to indicate multiplication. For example, 2*f(x), a*x*(x+b)*(c*x+d), b*tan(a*θ) or e(a*x)*b.
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Answer to Let f satisfy f(t+T)=f(t) for all t>0 and for some fixed positive number T; f is said to be periodic with period T on 0≤t<∞…..
