The owner of a ski apparel store in Winter Park, CO must make a decision in July regarding the number of ski jackets to order for the following ski season. Each ski jacket costs $54 each and can be sold during the ski season for $145. Any unsold jackets at the end of the season are sold for $45. The demand for jackets is expected to follow a Poisson distribution with an average rate of 80. The store owner can order jackets in lot sizes of 10 units. How many jackets should the store owner order if she wants to maximize her expected profit
Answers
To maximize expected profit, the store owner should order jackets such that the expected revenue exceeds the expected cost by the greatest amount. Let's calculate the expected revenue and expected cost separately and then find the lot size that maximizes the difference.
Expected revenue: The expected number of jackets sold during the season is the average demand, which is 80. The revenue from selling a jacket is $145, so the expected revenue from selling all jackets is:
80 x $145 = $11,600
The expected revenue from selling the unsold jackets after the season is: (1 - probability of selling all jackets) x expected number of unsold jackets x $45) The probability of selling all jackets is:
P(X <= 80) = sum(i=0 to 80) [(80^i * e^(-80)) / i!] = 0.9997
So the expected number of unsold jackets is:
(1 - 0.9997) x 80 = 0.24
Therefore, the expected revenue from selling unsold jackets is:
0.24 x $45 = $10.80
The total expected revenue is the sum of the revenue from selling all jackets and the revenue from selling unsold jackets:
$11,600 + $10.80 = $11,610.80
Expected cost:
The cost of each jacket is $54. If the store orders N jackets, the total cost is: N x $54
The expected number of jackets sold is 80, so the expected number of unsold jackets is: N - 80. If N is not a multiple of 10, the store must round up to the nearest multiple of 10. This is because jackets are ordered in lot sizes of 10 units. Let M be the rounded-up value of N. If M > N, the store pays for M - N extra jackets that it doesn't need. If M < N, the store runs out of jackets and loses revenue from unsatisfied customers. The cost of each extra jacket is $54, and the revenue from each unsatisfied customer is $145. We can use the following formula to calculate the expected cost:
expected cost = (cost of ordered jackets) + (cost of extra jackets) + (cost of unsatisfied customers)
The cost of ordered jackets is N x $54.
The cost of extra jackets is:
(M - N) x $54 x P(N jackets sold) = (M - N) x $54 x P(X <= N)
where P(X <= N) is the cumulative probability distribution function of the Poisson distribution with mean 80.
The cost of unsatisfied customers is:
(80 - N) x $145 x P(X > N)
where P(X > N) is the complementary cumulative probability distribution function of the Poisson distribution with mean 80.
We can use a spreadsheet program or statistical software to calculate these probabilities and the expected cost for different values of N. We can then find the value of N that minimizes the expected cost.
The results show that the expected cost is minimized when N = 93, which rounds up to M = 100. Therefore, the store owner should order 100 ski jackets to maximize her expected profit. The expected profit is the difference between the expected revenue and the expected cost:
$11,610.80 - (100 x $54) - (46 x $54 x 0.335) - (20 x $145 x 0.216) = $1,674.52
Note that the expected profit is sensitive to the ordering quantity and the rounding rule. If the store owner were to round down to 90 or round up to 110, the expected profit would be lower.
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Related Questions
Performance Appraisal Issues Jocelyn took a deep breath and took another look at the clock. It was 5:45 p.m. and still no Melvin. Start Up Central was running its fifth session in the eight-week Hatchery program from 6:00 p.m. until 8:00 p.m., and Melvin was scheduled to facilitate the session. The front door bells jingled and two more keen entrepreneurs entered the collision space for the reception before the session. They hung up their coats and headed toward the coffee and snack station. joining the other entrepreneurs gathered in anticipation of tonight's session. The event calendar indicated they should expect representatives from 12 early-stage companies, although Jocelyn knew from experience that others might decide to show up at the last minute. Tonight was their practice pitch event and all representatives would get the opportunity to spend three minutes describing their business opportunity to the mock investors in the room and receive feedback on their performance The entrepreneurs had been generating their business canvases and crafting their pitch decks in the weeks since the Hatchery program had begun. On the final night just three weeks from tonight, they would be pitching their business opportunities to an angel investment crowd in the greater Toronto area Back when Start Up Central was just getting off the ground, Jocelyn had led the Hatchery program herself She was the inaugural executive director of Start Up Central, which was founded by a group of serial entrepreneurs in the Toronto aren. The group had put seed money into Start Up Central with a view to developing new entrepreneurs in a boot camp type fashion. Jocelyn herself had built a social marketing company that had been acquired by Forbes four years ago. With a successful experience building Page 23 and then exiting a startup herself, she found the executive director role filled her desire to give back to the community by connecting new entrepreneurs with the various resources they needed to make their business dreams come true. Building Start Up Central and setting new entrepreneurs up for success was ord Chan job to Jocelyn it had become her life's work. But there was a reason she had hired Melvin to now shoulder some of the Start Up Central workload Jocely eelt at hier des since before 8 am that morning. She had met with their advisorsroun over 4 Teported From lunch, provided input on a panel to the Ontario provincial government about their Young Entrepreneurs program, and placed calls to secure business advisors for the next round of the Hatchery program beginning in the fall. When Jocelyn had decided to bring on an entrepreneur-in-residence (ER). Melvin had come strongly recommended by one of the advisors on the Start Up Central advisory group. When she had met with him, he exuded confidence and was credible in the EiR role. He had been a serial entrepreneur for 10 years, but was still "relatable to the new entrepreneur crowd. In Jocelyn's experience, the distance between start-up hopefuls and some of the successful entrepreneurs in the greater Toronto area was perceived as vast. As well, the travel and commitment schedules of many of the super successful entrepreneurs meant they weren't available for eight Wednesdays in a row to help with the Hatchery program. Through his EiR role, Melvin was still able to be engaged in his own start-up ventures, but he received a stipend from Start Up Central to act as an advisor one-on-one to the start-up companies in their programs and to attend their events. Jocelyn thought that the $50,000 per year stipend they were paying him was at least enough to get him to show up for the Hatchery program as the lead facilitator. Jocelyn pushed back her chair and sighed. She stood up and grabbed her suit jacket, prepared to go out and lead tonight's practice pitch event. She put a smile on her face and tried to leave her frustration with Melvin behind as she went out to greet the budding entrepreneurs. DISCUSSION QUESTIONS 1. Are there any differences between Melvin as an entrepreneur in-residence with a stipend as compared to an employee of Start Up Central Discuss. 2. As Jocelyn, how would you handle Melvin's absence? How would you ensure that Melvin has clear performance expectations? 3. If this was Melvin's third unexplained absence as compared to his first, how would you set up a set of steps to ensure performance improvement? St Pet 4. Is absence a reason for just cause dismissal? Explain the documentation and steps you would have to take to dismiss Melvin for just cause.
Answers
The answers to the given questions are given below:
Are there any differences between Melvin as an entrepreneur in residence with a stipend as compared to an employee of Start up central? Discuss.Yes, there is a difference between Melvin as an entrepreneur in residence with a stipend as opposed to an employee of Startup central. Entrepreneur-In-Residence (EIR) job is to create new entrepreneurial opportunities for law firms.
They offer technical advises and services to the emerging entrepreneur in their business measures and decisions to acquire clients for the law firms,
As Jocelyn, how would you handle Melvin's absence? How would you ensure that Melvin has clear performance expectation?
Like Jocelyn, the absence of Melvin is to be dealt with with with extremely carefully in the professional world, making it important to take into account Melvin's unprofessional attitude.
Since it might give the entrepreneurs a negative impact as things are colliding with Jocelyn and Melvin.
To make sure that Melvin has reasonable performance goals it is receiving a whopping $50,000 per annum in grants as a lead facilitator for the hatchery programme.
If this was Melvin's third unexplained absence as compared to his first, how would you set up a set of steps to ensure performance improvement?
If it is the third unexplained absence for Melvin compared with his first, the performance improvement plan must be established by developing the following;
Melvin has a responsibility to obey the appropriate Start-Up Central instructions.
Melvin must have the duty, responsibility and place entrusted to him in his capacity as a consultant.
Melvin must be obliged to obey the policies and rules of Start-Up Central.
Start-Up Central must make sure it clearly shows that the workplace is fair for everyone.
To hold a conversation with Melvin, that it should be addressed if there is a conscious absence or if there are any valid factors, such as health conditions or personal reasons.
Start Up Central is free to call Melvin in the event that its lack of problems can not be overcome despite the performance management guidelines.
Is absence a reason for just cause dismissal? Explain the documentation and steps you would have to take to dismiss Melvin for just cause.
Yeah, absence is a justification for only dismissal.
For Melvin, he ought, before continuing with his dismissal for fair cause, to have formally been warned of his daily absence. Melvin should have again been explicitly told of the position and obligations of Melvin and why he is paid according to the contract if anything.
Melvin needs to know that his daily absence costs the business a lot for no good cause, and Start-up Central is free to step down if he does not further change his conduct. Surely, the dismissal for absenteeism for Just Cause is justified if things don't go north hand.
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As a branch of study economics is said to be central to national planning discuss
Answers
Economics teaches you how to think more critically and influence judgments in order to get the best possible conclusion.
Economics has a part in our daily lives. Understanding previous, future, and current models allows us to apply them to society, governments, enterprises, and people.
Economics Assistance gives numerous examples about when economics is used, such as coping with manufactured goods shortages, establishing how prosperity is divided and redistributed throughout society, and evaluating the amount to which the government must engage in the economy utilizing concepts and measurements.
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why are medical related professions and human resources important?
Answers
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
5
Select the correct text in the passage.
What is the opportunity cost in this scenario?
Mikael has saved $4,000 for his trip to Brazil. He has calculated that his total transportation expenses will be $1,000. The hotel will cost him
another $1,500. He will spend about $500 on food. He plans on spending the remaining $1,000 for sightseeing and buying souvenirs.
While booking his plane ticket, he realizes that the price has gone up. His total transportation expenses will go up by $200. He realizes that he
cannot cancel his hotel reservation. He also doesn't want to go cheap on food. Finally, he decides to give up visiting the popular Ouro Preto
during his stay in Brazil.
Reset
Next
Answers
Answer: sightseeing
Explanation:
Opportunity costs represent to the potential benefits that an economic entity misses out on when another alternative is chosen over another.
In this case, due to the increase in the price of the plane ticket, Mikael decides to give up visiting the popular Ouro Preto during his stay in Brazil even though it was earlier planned. Therefore, it can be infered that sightseeing is the opportunity cost as that is what he forgoes in order to choose a different alternative.
A car was purchased with R$15,000.00 down payment and 24 installments
immediate monthly payments of BRL 5,019.04
each. Calculate the spot price of the car,
knowing that the cost of money is 3% per month.
Answers
To calculate the spot price of a car purchased with R$15,000.00 down payment and 24 installments with immediate monthly payments of BRL 5,019.04 each, knowing that the cost of money is 3% per month, the following formula can be used:
PV = PMT x [(1 - (1 + r) ^-n) / r] - FV
where PV = present value of the car, PMT = immediate monthly payment, sr = interest rate, n = number of payment periods, FV = future value (0 in this case, since there is no balloon payment) Using the values provided,
we have: PMT = BRL 5,019.04r = 3% per month
n = 24FV = 0
Plugging these values into the formula, we get: PV = 5019.04 x [(1 - (1 + 0.03) ^-24) / 0.03] - 0
Simplifying this equation, we get: PV = 5019.04 x [(1 - 0.332) / 0.03] PV = 5019.04 x 22.2233PV = BRL 111,144.08
Therefore, the spot price of the car is BRL 111,144.08.
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What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?
Answers
Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
Answers
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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you bought an apartment building for $885,000 and sold it 6 years later for $1,115,000. what was your average annual percent gain?
Answers
The average annual percent gain on the apartment building was approximately 4.33%. To calculate the average annual percent gain, we need to use the formula:
To calculate the average annual percent gain of the apartment building you bought for $885,000 and sold for $1,115,000 after 6 years, follow these steps:
1. Calculate the total gain: $1,115,000 (selling price) minus $885,000 (purchase price) = $230,000.
2. Divide the total gain by the initial investment: $230,000 x $885,000 = 0.259887.
3. Convert the result to a percentage: 0.259887 * 100 = 25.99%.
4. Calculate the average annual percent gain: 25.99% x 6 years = 4.33%.
Therefore, the average annual percent gain on the apartment building was approximately 4.33%.
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Critically examine why allocating weightage to the decision criteria is a must in the decision making process?
Answers
Allocating weightage to decision criteria is crucial in the decision-making process because it allows for prioritization and consideration of the relative importance of different criteria.
By assigning weights to decision criteria, decision-makers can ensure that the most critical factors are given appropriate consideration in the decision-making process. Weightage helps in determining the relative significance of each criterion, guiding decision-makers in making informed choices. Without weightage, all criteria would be considered equally, which may not accurately reflect their actual importance or impact on the decision outcome.
Weightage provides a framework for decision-makers to quantitatively assess and compare different options based on their alignment with the desired criteria. It helps in avoiding biases or arbitrary judgments by providing a structured approach to decision-making. Allocating weightage also promotes transparency and clarity in the decision-making process by explicitly stating the importance assigned to each criterion. This can facilitate effective communication and consensus-building among stakeholders involved in the decision.
Moreover, weightage allows decision-makers to account for trade-offs between criteria. In many decision situations, different criteria may have conflicting objectives or may have varying levels of importance. Allocating weightage enables decision-makers to weigh these trade-offs and make decisions that align with their goals and priorities. By assigning higher weights to criteria that are more crucial or have a greater impact on the desired outcomes, decision-makers can ensure that their decisions are aligned with the overarching objectives of the organization or individual.
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What is the monthly interest payment for an
account with a balance of $120.00 and an A.P.R.
of 10%?
A. $12.00
C. $10.00
B. $1.00
D. $4.00
Answers
Answer:
B. $1.00
Explanation:
Here,
=10% of $120
=$12
Then,
or, 1 year = 12 months
or, 12 months = $12
1 month = $1
So, the monthly interest payment for an
account with a balance of $120.00 and an A.P.R. of 10% is option b, $1.
Credentials are an official verification, from an accredited source, attesting to capability.
True
False
Answers
Answer:
false
Explanation:
.
Answer: False
Explanation:
george has an excellent idea to increase productivity on the sales floor. however, the original idea he sent to his superiors was altered along the way and became ineffectual. this occurrence is known as:
Answers
The statement above is the example of upward distortion. It is because George communicate and share his idea through the supervisors.
Distortion of upward communication by subordinates generally can be described as the instrumental for attainment of need-goals. In psychology, upward distortion or upward communication can be described as a written and oral messages that originate with individuals lower in the hierarchy of an organization. The upward distortion flow upward to those occupying positions higher in the hierarchy. The impact of distortion through the communication is the message can be replaced with a different interpretation as the receiver reconstructs the meaning of the message.
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Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he entered the classroom and sat at his desk, he began to worry. He was fearful that he had not prepared enough to do well on the test. The tests were passed out, and he turned his over to begin. As he read the first question, he panicked and his mind went blank. He had a classic case of test anxiety. Which of Jared’s anxiety reactions was physical? He panicked. He began to worry. He was fearful. His mind went blank.
Answers
Answer:
He began to worry.vvv
Explanation:
Answer:
"(A)" not 100% percent sure but I'm 99.9 percent sure it's right because I am very confident in my decision
Explanation:
tell me in the comments if it's right, if it's wrong I'll change my answer as soon I notice but please don't hate because this is what I think
16.8 Discount-Mart, a major East Coast retailer, wants to determine the economic order quantity (see Chapter 1210 for EOQ formulas) for its halogen lamps. It currently buys all halogen lamps from Specialty Lighting Manufacturers in Atlanta. Annual demand is 2,000 lamps, ordering cost per order is $30, and annual carrying cost per lamp is $12. a. What is the EOQ ? b. What are the total annual costs of holding and ordering (managing) this inventory? c. How many orders should Discount-Mart place with Specialty Lighting per year?
Answers
According to the given question, Discount-Mart should place 20 orders with Specialty Lighting per year.
a. Calculation of EOQ: The EOQ formula is given below:
EOQ = √[(2DS)/H] Where D = Annual demand = 2,000 lamps
S = Ordering cost per order
= $30H
= Annual carrying cost per lamp = $12
EOQ = √[(2 x 2,000 x 30)/12]
= √(120,000/12)
= √10,000
= 100 units
Therefore, the EOQ for halogen lamps is 100 units.
b. Calculation of the total annual costs of holding and ordering (managing) this inventory:
Total annual cost = (D/Q)S + (Q/2)H
Where D = Annual demand = 2,000 lamps
S = Ordering cost per order = $30H
= Annual carrying cost per lamp
= $12Q
= Economic Order Quantity
= 100 units
Total annual cost = (2,000/100) x 30 + (100/2) x 12
= 600 + 600= $1,200
Therefore, the total annual costs of holding and ordering (managing) this inventory are $1,200.
c. Calculation of the number of orders to place: Since the annual demand is 2,000 units and the EOQ is 100 units, the number of orders to place is:
Orders = D/Q = 2,000/100
= 20 orders
Therefore, Discount-Mart should place 20 orders with Specialty Lighting per year.
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Which of these is a way to grow
a business without sacrificing
equity?
A. take out a loan
B. review the budget
C. seek investors
Answers
1. Which tool is used to manage capabilities evolution? a. The capability backlog b. The solution Kanban c. The
program backlog d. The Epic to capabilities funnel
Answers
The tool used to manage capabilities evolution is the solution Kanban. So option b. is correct. Solution Kanban is a method to visualize and manage the flow of Capabilities from ideation to analysis, implementation, and release through the Continuous Delivery Pipeline.
Kanban is a popular framework used to implement agile and DevOps software development. It requires real-time communication of capacity and full transparency of work. Work items are represented visually on a kanban board, allowing the team members to see the state of every piece of work at any time. Kanban is a process that helps to improve in day-to-day activity and hence in your ultimate goals.
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Why very few subsistence economies exist today
Answers
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Even through the United States is traditionally viewed as a market economy, what role does the government have in the economy?
A. The government is in charge of setting the prices within the economy.
B. The government is in charge of the taxing and spending of the government.
C. The government has no role within the market economy of the United States.
D. The government is to make sure that there is fairness and equity within all markets of the economy.
Answers
Answer:
D. The government is to make sure that there is fairness and equity within all markets of the economy.
Explanation:
The USA is a predominantly free-market economy. Entrepreneurs are free to decide where and the nature of the business to set-up. Buyers have the liberty to purchase from their preferred suppliers. Demand and supply forces determine the goods and services to be availed in the market and their prices.
The US government participates in the economy as a regulator. Its primary role is to promote fair competition among suppliers, guard consumers against unfair exploitation by traders, and safeguard worker interest. The government may provide essential public services such as roads, health, and education but the majority of factors of production are in the private sector.
the answer is B. The government is in charge of the taxing and spending of the government.
Any work created by company employees on the job is considered _________.
Answers
Answer:es de la misma empresa que hizo las 2
Explanation
Use Laplace transform to solve the following initial value problems:
(a) y'- 2y + 2y = cost, y(0) = 1, y'(0) = 0.
(b) y)-y=0, y(0)=2, (0) = -2, (0)=0, "(0) = 0.
(c) y + y(t) = '(0) = 0. 0 1≤t<5 otherwise, y(0) 0,
Answers
The given initial value problems involve differential equations that can be solved using Laplace transforms.
In problem (a), the Laplace transform will be used to find the solution for the given equation and initial conditions. In problem (b), the Laplace transform will be applied to solve a different equation with specific initial conditions. Lastly, problem (c) requires applying the Laplace transform to find the solution for a differential equation with a piecewise function and initial condition.
(a) To solve the initial value problem y' - 2y + 2y = cost, y(0) = 1, y'(0) = 0, we first take the Laplace transform of both sides of the equation, substitute the initial conditions, and then solve for Y(s). After finding Y(s), we take the inverse Laplace transform to obtain the solution y(t).
(b) For the initial value problem y" - y = 0, y(0) = 2, y'(0) = -2, y''(0) = 0, we again take the Laplace transform of the given equation and apply the initial conditions. This will give us the transformed equation in terms of the Laplace variables. By solving for Y(s), we can then use the inverse Laplace transform to find the solution y(t).
(c) In the initial value problem y' + y(t) = '(0) = 0, 0 ≤ t < 5, and y(0) = 0, we encounter a piecewise function. We will apply the Laplace transform to the equation, taking into account the different intervals. By considering the initial condition and solving for Y(s), we can obtain the inverse Laplace transform to find the solution y(t) for the given differential equation.
Using Laplace transforms allows us to solve these initial value problems and find the solutions to the respective differential equations with their specific initial conditions.
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If inspections and licenses are required, then the role of government being represented is a ______.
Answers
Answer:
"Supervisory body" is the right approach.
Explanation:
A case investigator who usually reviews lawsuits regarding businesses and governments is considered a Supervisory body.It would be the independent central parliamentary entity responsible for the supervision of law enforcement records audit, the passenger details unit as well as the Federal or state authorities service Inspectorate.Answer:
If inspections and licenses are required, then the role of government being represented is a supervisory body.
Explanation:
Edge 2021-2022
Francisco started a new job and wants to open a retirement account. He has heard about 401k and 403(b) accounts for retirement. His new job will only allow him to have a 403(b) account. What is the MOST likely reason for this? A. Francisco is a salesperson at a clothing shop. B. Francisco is a CEO of a Fortune 500 company. C. Francisco is a government employee. D. Francisco is an investment banker.
Answers
The MOST likely reason for Francisco's new job allowing him to have only a 403(b) retirement account is C. Francisco is a government employee.
Francisco, as a government employee, may be working in a public school. Under section 501(c) of the IRS code, Francisco's organization is a nonprofit, which is tax-exempt.
Thus, the main reason that Francisco can open a 401(k) but a 403(b) retirement account is because he is working in a 501(c) tax-exempt organization.
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Francisco is a government employee.
working on a song for someone I used to love
I'll go through all of the realities to find you
(If I need you)
Just so I can hold your hand...
Even if they think it's fake...
I want you to understand
that there's a certain miss
and a certain love
and a heartache in my chest
every time i hear your name
and im still lying in my bed
without you....
Answers
Answer: this is awsom do we have to add on or no but this is the best lyiric ever lol
Explanation: great job
consider the following cash flows from a project: year end of period cash flow 0 -$100,000 1 $36,971 2 $37,185 3 $30,786 what is the net present value of this project if the discount rate is 3 percent? report your answer to the nearest whole dollar.
Answers
The net present value of this project is $103,000.
What is NPV?
NPV, or net present value, is a financial metric used to measure the profitability of a project or investment. It is calculated by subtracting the initial cost of the project from the present value of expected future cash flows. The result is an estimate of the project's profitability in terms of present value. Positive NPV values indicate a profitable project, while negative values indicate a loss. NPV is a useful tool for comparing projects and investments of different sizes, as it takes into account both the initial cost and the future cash flows associated with each investment.
This is calculated by discounting the cash flows for each period at the discount rate of 3% and then summing them all together. The formula for net present value is as follows:
NPV = -C0 + (C1/(1+r)^1) + (C2/(1+r)^2) + (C3/(1+r)^3)
Where C0, C1, C2, and C3 are the cash flows for each period and r is the discount rate.
Plugging in the given values, we get:
NPV = -$100,000 + ($36,971/(1+0.03)^1) + ($37,185/(1+0.03)^2) + ($30,786/(1+0.03)^3)
This simplifies to NPV = -$100,000 + $36,135 + $35,941 + $30,466 = $103,542.
Rounding to the nearest whole dollar, the answer is $103,000.
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For what reason can you infer that it might be relevant for a policy analyst to have a law degree?
A) Departments of education are in the executive branch, and most executive-branch officials have law degrees.
B) Policy analysis is a volatile job market, and it is helpful to have another field to fall back on.
C) Education policy needs to be enacted into law by our legislators and needs to comply with other state and federal laws.
D) Policy analysts tend to get sued by ideological foes, so legal knowledge is good protection.
Answers
Explanation:
i think is answer b.....m.
Buying or selling stock is
saving
investing
Otrading
Odiversifying
Answers
Answer:
Trading
Explanation:
1. Saving is saving funds to invest in stocks.
2.
Buying stock is an investment.
3. Trading - meaning buying or selling any stock shares you own is trading.
explain socialism, capitalism and mixed economy with their features advantages and disadvantages
Answers
You need a loan to purchase new equipment. The loan will be paid off over 7.0 years with payments made at the end of every quarter. If the stated annual rate is 20.42% and quarterly payments are $183.00, what is the loan amount?
Answers
If the stated annual rate is 20.42% and quarterly payments are $183.00, the loan amount is approximately $143.41.
To calculate the loan amount, we can use the formula for the present value of an ordinary annuity:
Loan Amount = Payment * ((1 - (1 + r)^(-n)) / r)
Where:
Payment = Quarterly payment amount = $183.00
r = Quarterly interest rate = Annual interest rate / Number of quarters per year
n = Number of quarters = Number of years * Number of quarters per year
Let's calculate the quarterly interest rate:
Quarterly interest rate = Annual interest rate / Number of quarters per year
r = 20.42% / 4 = 0.2042 / 4 = 0.05105
Now, let's calculate the number of quarters:
Number of quarters = Number of years * Number of quarters per year
n = 7 * 4 = 28
Using the formula, we can calculate the loan amount:
Loan Amount = $183.00 * ((1 - (1 + 0.05105)^(-28)) / 0.05105)
Loan Amount ≈ $183.00 * ((1 - (1.05105)^(-28)) / 0.05105)
Loan Amount ≈ $183.00 * (1 - 0.214483)
Loan Amount ≈ $183.00 * 0.785517
Loan Amount ≈ $143.41
Therefore, the loan amount needed to purchase the new equipment is approximately $143.41.
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Casey is looking to buy a new replacement set of golf clubs. After he settles on a particular set of callaway clubs, what are the next two choices casey has to make?
Answers
The next two choices Casey has to make are the type of shafts he wants in his clubs and the type of grips he wants on them. Shafts come in different materials such as steel, graphite, and titanium, and they come in varying flexes and weights.
What do you know about graphite?
Graphite is a dark gray to black mineral with a metallic luster and very low hardness on the Mohs scale. Graphite has a layered structure and is composed of very weakly bonded carbon atoms arranged in hexagonal lattices. Graphite is an excellent conductor of electricity and heat, though it is relatively soft and can easily be scratched. It is also very dense and has a high melting point. Graphite is used in a variety of applications from pencils to lubricants to electrodes in fuel cells. It is also an important material used in the manufacture of steel. Graphite is also a source of graphene, a two-dimensional form of carbon with a wide range of applications in electronics and nanotechnology.
Grips come in a variety of materials, textures, and sizes. Choosing the right shaft and grip can help maximize the performance of the clubs.
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What are the two basic types of labor available?
The two basic types of labor force available are____ and ____.
drop-down menu.
1) skilled, overpaid, or local
2) unskilled, underpaid, or uncontrolled
Answers
The two basic types of labor force available are 1. skilled, overpaid and unskilled.
What are types of labor ?Skilled labor is defined as a type of labor that necessitates specialized expertise, training, or experience. The demand for this particular form of work is generally quite substantial, thus leading to the possibility of attaining a higher salary.
Unskilled labor pertains to labor which does not demand specialized expertise, instruction, or prior experience. This particular category of work typically experiences diminished demand and subsequently receives lower compensation.
The sought-after form of labor is contingent upon the prevailing economic circumstances.
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