If the value basis is applied, Preon will get $4500 of the shared costs.
How to calculate portion of the joint cost?Joint costs are expenses spent when two products are purchased or produced at the same time. In terms of cost accounting.
Joint costs have the same cost object. Below is a breakdown of the combined cost for Preon allocation.
where,
Total joint cost = $7,500
Preon cost = 10,000 gallons × $6 per gallon = $60,000
And, the total cost is
= 10,000 gallons × $6 per gallon + 20,000 gallons × $2 per gallon
= $60,000 + $40,000
= $100,000
So, the allocated cost equal to
= $7,500 × ($60,000 ÷ $100,000)
= $4,500
Therefore the portion of the joint costs to be allocated to Preon if the value basis is used $4500
The complete question is : Differential Chemical produced 10,000 gallons of Preon and 20,000 gallons of Paron. Joint costs incurred in producing the two products totaled $7,500. At the split-off point, Preon has a market value of $6.00 per gallon and Paron $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used. A. $2,500. B. $3,000. C. $4,500. D. $5,625. E. $1,500.
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If washburn guitars were to lower the price of the maya pro dd75 to $2,499 from $2,699, sales of the guitar would increase 30 percent. This illustrates.
The Washburn guitars reduces their price from $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.
What do you mean by elastic demand?When the price of a product has a massive effect on the quantity purchased is called Elastic demand. A product is stated to have an elastic demand if sales drop sharply in reaction to a growth in price, or sales spike whilst prices are decreased.
Thus, The Washburn guitars reduces their price from $2,499 to $2,699 as a result of the sales of the product drastically increased by 30%, So this represents that the product has an elastic demand.
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Reston had income of $204 million and average invested assets of $1,990 million. Its return on assets is?
Its return on assets is 0.1025.
Given,
Income = $204 million
Average invested assets = $1,990 million
Return on assets = Net income / total assets
= $204 million / 1,990 million
=0.1025
Therefore, Return on asset is 0.1025.
Return on assets (ROA) is a measure of how efficiently a company uses the assets it owns to generate profits. Analysts, managers, and investors use Return on assets to evaluate a company's financial health.
Net income is what the business has left over after all its expenses, including salary and wages, cost of the goods or raw material and taxes.
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Use the formula in this example to determine the sample size, n. The estimated prevalence is 25%, and the desired confidence level is 95% with a margin of error of 9%. (This is the same as in the example, except the margin of error has been changed. Round your answer to the nearest integer.)
The sample size, n, required to estimate a population prevalence with a desired confidence level and margin of error can be calculated using the formula:
n = (Z^2 * p * (1-p)) / E^2
where Z is the Z-score corresponding to the desired confidence level, p is the estimated prevalence, and E is the margin of error.
In this example, the estimated prevalence is 25% (or 0.25), the desired confidence level is 95%, and the margin of error is 9% (or 0.09).
First, we need to find the Z-score corresponding to the desired confidence level. For a 95% confidence level, the Z-score is approximately 1.96 (based on a standard normal distribution).
Next, we substitute the values into the formula:
n = (1.96^2 * 0.25 * (1-0.25)) / 0.09^2
Simplifying the equation gives us:
n ≈ 96.44
Rounding the result to the nearest integer, the sample size required is approximately 96.
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What is the information that oranges contain vitamin C considered?
Common Knowledge
Copyright
Creative Commons
Public Domain
Answer: Common knowledge
Explanation:
Answer:
Its A. btw i took the final exam quiz on FLVS for keyboarding.
Explanation:
a. How many days of raw material does the? Bearing's plant now? hold? The plant holds _____ days of raw material. ?(Enter your response rounded to one decimal? place.)
b. How many days of work in process inventory is held between Press and Pierce? & Form? The inventory is held _____ days. ?(Enter your response rounded to one decimal? place.)
c. How many days of work in process inventory is held between Pierce? & Form and Finish? Grind? The inventory is held ____ days. ?(Enter your response rounded to one decimal? place.)
d. How many days of work in process inventory is held between Finish Grind and? Shipping? The inventory is held _____ days. ?(Enter your response rounded to one decimal? place.)
e. What is the new value? stream's production lead? time? The production lead time is ______ days. ?(Enter your response rounded to one decimal? place.)
f. What is the new value? stream's processing? time? The processing time is _____ seconds. ?(Enter your response as a whole? number.)
a. The plant holds 12.3 days of raw material.
b. The inventory is held 7.7 days between Press and Pierce & Form.
c. The inventory is held 10.3 days between Pierce & Form and Finish & Grind.
d. The inventory is held 8.8 days between Finish Grind and Shipping.
e. The production lead time is 29.7 days.
f. The processing time is 261 seconds.
The formula to calculate the raw material inventory is: Different raw material inventory = Raw material cost ÷ (Annual cost of raw material ÷ Number of working days in a year)The total cost of raw material is $6,532,160, while the annual cost of raw material is $60,000,000. Therefore, Different raw material inventory = 6,532,160 ÷ (60,000,000 ÷ 250) = 12.3 days. Work in process (WIP) inventory is the total amount of unfinished goods in the manufacturing process.
Therefore, the calculation for the WIP is:(Average WIP inventory / Cost of goods sold per day) x Number of working days. Thus, we get: WIP inventory held between Press and Pierce = (106,000 + 48,000) / 2 = $77,000(Cost of goods sold per day) = $10,000,000 ÷ 365 days = $27,397.3(Average WIP inventory / Cost of goods sold per day) x Number of working days = (77,000 ÷ 27,397.3) x 5 = 7.7 days.WIP inventory held between Pierce & Form and Finish & Grind = (44,000 + 68,000) / 2 = $56,000(Cost of goods sold per day) = $10,000,000 ÷ 365 days = $27,397.3(Average WIP inventory / Cost of goods sold per day) x Number of working days = (56,000 ÷ 27,397.3) x 5 = 10.3 days.
WIP inventory held between Finish Grind and Shipping = (84,000 + 47,000) / 2 = $65,500(Cost of goods sold per day) = $10,000,000 ÷ 365 days = $27,397.3(Average WIP inventory / Cost of goods sold per day) x Number of working days = (65,500 ÷ 27,397.3) x 5 = 8.8 days. Production lead time = Processing time + Wait time + Move time + Inspection time + Queue time. Since there is no information given about the move, inspection, and queue time, we can ignore them. So, Production lead time = Processing time + Wait time.
Therefore, Production lead time = 216 days + 13.7 days = 29.7 days. To calculate the processing time, we need to use the following formula: Processing time = (Time for one batch / Number of units per batch) x Number of units. Thus, Processing time = (90 minutes / 6 units) x 2 units = 30 minutes = 30 x 60 seconds = 1800 seconds.. Therefore, the processing time is 1800 seconds.
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Given the following information, what are the NZD/SGD currency against currency bid-ask quotations? (You are required to compute two sets of cross-rate bid and ask quotes. 1. "New Zeland dollar" means the cross rate of NZD/SGD. 2. "Singapore dollar" means SGD/NZD. Do not round intermediate calculations. Round your answers to 4 decimal places. ) American Terms Bid Ask Bank Quotations New Zealand dollar Singapore dollar European Teres Bid Ask 1. 3772 1. 3786 1. 6311 1. 6324 7277 -7284. 6144 6149 New Zealand dollar Singapore dollar Bid Ask
The bid-ask quotations for the NZD/SGD currency pair are as follows: New Zealand dollar (NZD) against Singapore dollar (SGD): Bid: 1.3772, Ask: 1.3786
Singapore dollar (SGD) against New Zealand dollar (NZD):
Bid: 0.7277
Ask: 0.7284
To calculate the bid-ask quotations for the NZD/SGD currency pair, we need to consider the cross rates between the New Zealand dollar (NZD), Singapore dollar (SGD), and the American Terms and European Terms bid-ask quotations.
For the NZD/SGD bid-ask quotations:
The bid quotation is obtained by dividing the European Terms bid (1.6311) by the American Terms ask (1.3786), which gives us 1.3772.
The ask quotation is obtained by dividing the European Terms ask (1.6324) by the American Terms bid (1.3772), which gives us 1.3786.
For the SGD/NZD bid-ask quotations:
The bid quotation is obtained by dividing 1 by the NZD/SGD ask quotation (1.3786), which gives us 0.7277.
The ask quotation is obtained by dividing 1 by the NZD/SGD bid quotation (1.3772), which gives us 0.7284.
Therefore, the bid-ask quotations for the NZD/SGD currency pair are as follows:
New Zealand dollar against Singapore dollar:
Bid: 1.3772
Ask: 1.3786
Singapore dollar against New Zealand dollar:
Bid: 0.7277
Ask: 0.7284
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PLEASE HELP ME (ECONOMICS ASSIGNMENT)!!! ASAPPP
Answer:
1. Classical Economics
2. Keynesian Economics
3. Demand-Side Economics
4. Supply-Side Economics
Explanation:
entperise opportunities
Explanation:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. ... The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee.
hope this helps you.
Lopez Corporation, a manufacturer of household paints, is preparing annual financial statements at December 31, 2007. Because of a recently proven health hazard in one of its paints, the government has clearly indicated its intention of having Lopez recall all cans of this paint sold in the last six months. The management of Lopez estimates that this recall would cost $800,000.
Requried:
What accounting recognition, if any, should be accorded this situation?
The accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000.
Basically, an accounting recognition refers to the act of recording a business transaction in the firm's accounting records.
Because the management of Lopez estimates that this recall of all cans of paint sold in the last six months would cost $800,000, then, the entry will be as followsIn conclusion, the accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000
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five percent of the customers who visit a website complete a product purchase. if one considers just the set of customers who completed the project purchase at the website, 80% read at least some of the user reviews about the product on the site. when considering those customers who did not purchase of the product at the website, only 20% of these potential customers read the user reviews about the product on the site. the website managers are interested in how customer review-reading behavior affects the likelihood of purchase. the two distinct events that are relevant for the managers in this example are: group of answer choices the customer's behavior with respect to visiting or not visiting the site the customer's product purchase or not to purchase decision the customer's purchase and review reading choices. all answers are correct. the customers behavior with respect to reading or not reading the reviews
The two distinct events that are relevant for the managers in this example are "The customers behavior with respect to reading or not reading the reviews".
About customer behaviorThe customers behavior with respect to reading or not reading the reviews is the relevant event for website managers to understand how customer review-reading behavior affects the likelihood of purchase.
The relevant events that are crucial for website managers in this example are:
the customers behavior with respect to reading or not reading the reviews (for website managers to understand how customer review-reading behavior affects the likelihood of purchase)
the customer's product purchase or not to purchase decision (for website managers to understand the likelihood of purchase or non-purchase decisions)
Therefore, the correct option is: The customers behavior with respect to reading or not reading the reviews.
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A chord of a circle is l cm long. The distance of the chord to the center of the circle is h cm and the radius of the circle is r cm. express r in terms of l and h
Answer:
http://www.mrbartonmaths.com/resources/GCSE%20Revision/GCSE%20Maths%20Takeaway/4.%20Grades%20B%20to%20A-star/107.pdf
Explanation:
THis is published by me....
right now, which product or service could accurately be described as a deficit product?
Diet pills product or service could accurately be described as a deficit product. A trade deficit occurs when a nation imports goods from other nations while also paying import taxes because it cannot produce everything it needs.
The current action deficit refers to this. It can also happen when businesses are engaged in the production of goods in another nation. A government runs a budget deficit product when it spends more in a given year than it brings in through taxes, for example. As a straightforward illustration, consider a government that receives $10 billion in revenue one year but spends $12 billion, creating a $2 billion deficit.
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decision trees are particularly useful when a. all possible outcomes and alternatives are not known. b. perfect information is available. c. formulating a conditional values table. d. the opportunity loss table is available. e. a sequence of decisions must be made.
Decision trees are particularly useful when a sequence of decisions must be made. Hence Option E is the answer.
Define decision tree.The development of prediction algorithms for a target variable or the establishment of classification systems based on numerous variables are two prominent applications of the decision tree technique. DTs are a non-parametric supervised learning approach that can be used for regression and classification.
The objective is to learn straightforward decision rules derived from the data features in order to build a model that predicts the value of a target variable. Each internal node represents a "test" on an attribute, each branch indicates the result of the test, and each leaf node represents a class name in this flowchart-like structure (decision taken after computing all attributes).
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One can find a project's net present value by subtracting the present value of its required investment from the present value of its future cash flows. (true or false)
On late-night TV, you see an infomercial claiming that the price of the product has been slashed for a special offer and now includes a bonus sample size of something that is in adjunct to the product. This illustrates the _____ compliance technique.
Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answer:
wow
Explanation:
I'm gonna type a random answer
Which of the following is true of the historical simulation method for calculating VaR?a. It fits historical data on the behavior of variables to a lognormal distributionb. It assumes that what will happen in the future is a random sample from what has happened in the pastc. It uses Monte Carlo simulation to create random future scenariosd. It fits historical data on the behavior of variables to a normal distribution
The statement that is true of the historical simulation method for calculating VaR (Value at Risk) is: b. It assumes that what will happen in the future is a random sample from what has happened in the past.
The historical simulation method for VaR calculation relies on the assumption that the future behavior of variables can be approximated by the historical data. It assumes that the observed historical data represents a random sample from the same underlying distribution that will generate future outcomes. By analyzing the historical data, the method estimates the potential loss at a certain level of confidence, assuming that the future will behave similarly to the past.
Option a is incorrect because the historical simulation method does not assume a specific distribution, such as a lognormal or normal distribution. Option c is incorrect because Monte Carlo simulation is a different approach that involves generating random scenarios. Option d is incorrect because the method does not fit the data to a specific distribution like the normal distribution.
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Assuming the balance of cash on january 1, 2024, equals $5,400, calculate the balance of cash on december 31, 2024
Calculating the balance of cash on December 31, 2024, requires an understanding of the factors that affect cash inflows and outflows during the year.
Revenues and Expenses: The revenue generated by a business and the expenses incurred during the year can impact the cash balance. If revenues are greater than expenses, then the business will have a positive cash flow, whereas if expenses are greater than revenues, then the business will have a negative cash flow.
Capital Expenditures: Capital expenditures refer to investments in long-term assets such as property, plant, and equipment. These investments can impact the cash balance since they require a cash outflow at the time of purchase.
Financing Activities: Financing activities refer to transactions related to the company's financing, such as issuing stock, paying dividends, or borrowing money. These activities can either increase or decrease the cash balance depending on whether the company is raising money or making payments.
Given that the starting cash balance is $5,400 on January 1, 2024, it is necessary to consider the above factors to determine the balance of cash on December 31, 2024. Let's assume that the business generates $200,000 in revenue and incurs $150,000 in expenses during the year. The difference between revenue and expenses, which is $50,000, is referred to as net income. Assuming the business has no capital expenditures, the net income will be the cash inflow, which means the cash balance will increase by $50,000 to $55,400 on December 31, 2024.
However, if the business had capital expenditures of $30,000, the cash outflow would be $30,000, which would reduce the cash balance to $25,400. Alternatively, if the business borrowed $20,000 during the year, the cash inflow would be $20,000, which would increase the cash balance to $25,400 + $20,000 = $45,400. Finally, if the business paid dividends of $10,000 during the year, the cash outflow would be $10,000, which would reduce the cash balance to $45,400 - $10,000 = $35,400.
In conclusion, the balance of cash on December 31, 2024, is influenced by various factors, including revenues and expenses, capital expenditures, and financing activities. Therefore, to determine the cash balance on a specific date, it is necessary to consider all of these factors and make appropriate adjustments to the starting balance of cash.
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This is a Group assignment. Please form Groups of no more than 3 members to complete this assessment
I will be checking for borrowed or copied assignments. All work is to be done from scratch, you may notuse any templates or other assistances.
You may be required to use JIRA or Lucid Chart for this assignment.
Tasks:
In your interview, your user provided information in response to your questions. Now it is your job to use that information to identify specific problems your user has. This is often one of the most challenging steps in the design thinking process.
1. Take out your notes. Reflect on the interview and what you learned about your user. What stood out to you? Feel Free to go back to the Case to learn more about the problem, if you please.
What are some specific problems that the interview revealed?
Think about gaps in the user’s experience, meaning areas where the user could benefit from a solution.
Consider areas for exploration that especially resonate with you.
Key takeaways are what designers often call these revealed problems, gaps, and areas for exploration.
2. Develop an Empathy Map and Identify at least 3 key takeaways (problems faced by the user). Accompany the empathy map with an ideal user persona.
3. Utilize the Affinity Diagram to structure the all the problems faced by the user.
The user research and interviews are among the first steps in the Design Thinking process.
This phase aims to obtain insights into the customers' problems, needs, and goals to design a solution that suits their requirements. Based on the user research and interview, the designers must identify specific problems and gaps in the user's experience, which is the most challenging step in the design thinking process.
The following are some specific problems that the interview revealed:
Communication with team members - During the interview, the user revealed that communication with team members is a significant problem. The team members are spread across different locations, and sometimes, they fail to communicate, which affects the progress of the project.
Lack of collaboration - The user explained that the team lacks collaboration tools that can improve teamwork. The user said that sometimes they must work on the same project from different locations, which is challenging for them.
Meeting deadlines - The user reported that the team often fails to meet project deadlines. This is because they do not have a project management tool that can help them plan and track their tasks.
In the Empathy map, you must identify three key takeaways, which are the problems faced by the user. Here are the key takeaways:
Poor communication with the team leads to project delays.
Lack of collaboration tools affects teamwork.
Meeting project deadlines is challenging due to the lack of project management tools.
The Affinity Diagram is a method used to organize and structure information from the user research and interview. The Affinity Diagram helps you to categorize problems and identify patterns that may exist in the user's experience. You can use the Affinity Diagram to structure all the problems faced by the user.
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The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
Explanation:
suppose a city that operates local electric and natural gas companies wants to raise revenues by increasing its rates for electricity and natural gas. the price rise will increase city revenues if the elasticity of demand for electricity and natural gas is group of answer choices inelastic. elastic. negative. equal to -1.
The price rise will increase city revenues if the elasticity of demand for electricity and natural gas is a) inelastic.
The term "inelastic" refers to the static quantity of a good or service when its price changes. Inelastic demand means that when prices rise, consumers' purchasing habits remain relatively unchanged, and when prices fall, consumers' purchasing habits also remain relatively unchanged.
The medication would be considered perfectly inelastic if the price increase had no effect on the quantity demanded.
Because they are required for survival, necessities and medical treatments are relatively inelastic, whereas luxury goods, such as cruises and sports cars, are relatively elastic.
In graphical presentations, the demand curve for a perfectly inelastic good is depicted as a vertical line because the quantity demanded is the same at any price.
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Correct question:
Suppose a city that operates local electric and natural gas companies wants to raise revenues by increasing its rates for electricity and natural gas. The price rise will increase city revenues if the elasticity of demand for electricity and natural gas is
a) inelastic.
b) elastic.
c) negative.
d) equal to -1.
What does ceteris paribus mean?
Answer:
rat
Explanatio
You have a credit card balance of $53.00 from the previous month. You have $172.45 in new purchases and you made a payment of $50.00. Your APR is 8.75%. According to the Previous Balance method, what amount would you use to calculate the interest for this month?
Answer:
$50
Explanation:
As per previous balance method the Interest is charged based on the opening balance of the Credit Card.
As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.
Answer:
The answer is $50.
Explanation:
Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUs has the following characteristics. Refer to the standard normal table for Z-values. > Demand (D)=18,000 units/year > Ordering cost (S)=$45.00 /order > Holding cost(H)=$2.50 /unit/year > Lead time (L)=1 week(s) > Cycle-service level =99% > Demand is normally distributed, with a standard deviation of weekly demand of 90 units. > Current on-hand inventory is 1,040 units, with no scheduled receipts and no backorders.
It is worth noting that the initial on-hand inventory of 1,040 units already covers the reorder point. Therefore, no immediate action is needed to replenish the stock.
Average Weekly Demand: The annual demand of 18,000 units is divided by the number of weeks in a year (52), resulting in an average weekly demand of approximately 346 units (18,000/52). Demand During Lead Time: The lead time is given as 1 week, and the average weekly demand is 346 units. Safety Stock: To ensure a 99% cycle-service level, we need to consider a safety stock. The cycle-service level corresponds to a Z-value of 2.33.
Multiplying the standard deviation of weekly demand (90 units) by the Z-value gives us a safety stock of approximately 209 units (90 * 2.33). In this case, the reorder point is 346 units (demand during lead time) + 209 units (safety stock), resulting in a reorder point of 555 units. it is worth noting that the initial on-hand inventory of 1,040 units already covers the reorder point. Therefore, no immediate action is needed to replenish the stock.
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name four commercial services which are useful to a manufacturer
Consider a newsvendor problem where demand D is a continuous and non-negative random variable that takes values in (0, [infinity]). Assume that D has probability density function f(x) and cumulative distribution function F(x). For the following, take derivatives of the functions below (using Leibniz rule). a. Show that E[min(D,Q)] is increasing in Q. b. Show that E[min(D,Q)] is concave in Q. C. Show that E[(D-Q)*] is decreasing in Q. d. Show that E[(D-Q)²] (the expected squared deviation of Q and D) is a convex function of Q. e. Find the order quantity that minimizes E[(D-Q)2]. Why do you think this is different than the optimal order quantity that minimizes the expected profit?
(a) Since Q * f(Q) is non-negative for all Q, we can conclude that E[min(D,Q)] is increasing in Q, when demand D is a continuous and non-negative random variable that takes value in 0.
(b) Since f(Q) and Q * f'(Q) are both non-negative for all Q, we can conclude that the second derivative is non-positive. Therefore, E[min(D,Q)] is concave in Q.
(c) Since (D-Q) * f(Q) is non-positive for all Q, we can conclude that E[(D-Q)*] is decreasing in Q.
(d) Since -f(Q) and (D-Q) * f'(Q) are both non-negative for all Q, we can conclude that the second derivative is non-negative. Therefore, E[(D-Q)²] is a convex function of Q.
(e) d/dQ [E[(D-Q)²]] = -f(Q) + (D-Q) * f'(Q)
= 0
Solving this equation will give us the order quantity that minimizes the squared deviation.
(a) To show that E[min(D,Q)] is increasing in Q, we need to take the derivative of E[min(D,Q)] with respect to Q and demonstrate that it is non-negative.
E[min(D,Q)] = ∫[0,Q] min(x,Q) * f(x) dx
Taking the derivative with respect to Q using Leibniz rule:
d/dQ [E[min(D,Q)]] = d/dQ [∫[0,Q] min(x,Q) * f(x) dx]
= min(Q,Q) * f(Q) + ∫[0,Q] 0 * f(x) dx (derivative of the lower bound is zero)
= Q * f(Q)
Since Q * f(Q) is non-negative for all Q, we can conclude that E[min(D,Q)] is increasing in Q.
(b) To show that E[min(D,Q)] is concave in Q, we need to show that the second derivative of E[min(D,Q)] with respect to Q is non-positive.
Taking the second derivative with respect to Q:
d^2/dQ^2 [E[min(D,Q)]] = d/dQ [Q * f(Q)]
= f(Q) + Q * f'(Q)
Since f(Q) and Q * f'(Q) are both non-negative for all Q, we can conclude that the second derivative is non-positive. Therefore, E[min(D,Q)] is concave in Q.
(c) To show that E[(D-Q)] is decreasing in Q, we need to take the derivative of E[(D-Q)] with respect to Q and demonstrate that it is non-positive.
E[(D-Q)*] = ∫[Q,∞] (D-Q) * f(x) dx
Taking the derivative with respect to Q using Leibniz rule:
d/dQ [E[(D-Q)*]] = d/dQ [∫[Q,∞] (D-Q) * f(x) dx]
= -(D-Q) * f(Q)
Since (D-Q) * f(Q) is non-positive for all Q, we can conclude that E[(D-Q)*] is decreasing in Q.
(d) To show that E[(D-Q)²] is a convex function of Q, we need to show that the second derivative of E[(D-Q)²] with respect to Q is non-negative.
Taking the second derivative with respect to Q:
d^2/dQ^2 [E[(D-Q)²]] = d/dQ [-(D-Q) * f(Q)]
= -f(Q) + (D-Q) * f'(Q)
Since -f(Q) and (D-Q) * f'(Q) are both non-negative for all Q, we can conclude that the second derivative is non-negative. Therefore, E[(D-Q)²] is a convex function of Q.
(e) The order quantity that minimizes E[(D-Q)²] is the value of Q for which the first derivative is equal to zero.
d/dQ [E[(D-Q)²]] = -f(Q) + (D-Q) * f'(Q)
= 0
Solving this equation will give us the order quantity that minimizes the squared deviation.
The optimal order quantity that minimizes the expected profit may differ from the order quantity that minimizes the squared deviation because the expected profit takes into account the costs and revenues associated with ordering and selling the goods, while the squared deviation focuses solely on the variability between the ordered quantity and the actual demand. The optimal order quantity for profit maximization would consider both the cost and revenue factors, which may lead to a different result than minimizing the squared deviation alone.
In conclusion, we have shown the derivatives and properties for E[min(D,Q)], E[(D-Q)*], and E[(D-Q)²], and discussed the difference between the order quantity that minimizes E[(D-Q)²] and the optimal order quantity for profit maximization.
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Identifying specific marketing activities, determining the time required to complete each activity, and organizing marketing activities into the proper sequence are examples of the steps involved in creating a(n):
Answer:
e. implementation timetable
Explanation:
This set of sequential activities can be described as an implementation schedule, which is developed in an organization with the aim of organizing tasks according to the needs of development and completion so that the objectives of a given project are achieved effectively. .
It is also necessary that the schedule is monitored and updated when necessary, according to the needs of a given project and its demands over time.
bilateral and unilateral contracts are best described by which of the following statements?
A. The number of parties obligated to perform.
B. The number of promises each party is obligated to perform.
C. The number of lenders involved.
D. The number of signatures required on the contract.
Bilateral and unilateral contracts are best described by the statement: B. The number of promises each party is obligated to perform.
In a bilateral contract, both parties make promises and are obligated to perform. Each party is bound to fulfill their respective promises stated in the contract. For example, in a sales contract, the buyer promises to pay a certain amount, and the seller promises to deliver the goods.
On the other hand, in a unilateral contract, only one party makes a promise and is obligated to perform upon the occurrence of a specific condition. The other party is not obligated to perform anything unless they choose to. An example of a unilateral contract is a reward offer, where the person making the offer promises to pay a reward if someone performs a specified action.
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What has been the main problem posed for u.s. states by international trade agreements?
The main problem posed for United states by international trade agreements is that these agreements often limit the regulatory authority of states.
For Americans, the advantages of international trade are numerous. It brings down the price and broadens the selection of our consumer purchases. Both those who produce exports and those who use imports as crucial inputs in their job are benefited from it. It supports economic growth, competition, and innovation. Additionally, it supports the development of global collaborations, which are essential for tackling issues with global policy. Trade, however, has dangers. The United States tends to specialize in goods that heavily utilize these essential resources since it is a nation with abundant capital and a highly educated workforce.
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