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GX Corporation is developing a new innovative product. To launch the product, fixed costs are set at $140,000. Variable Costs are set at $75. They desire to break even by selling 1,000 units. a. What should they set the selling price as? b. What is the breakeven in Dollars?c. What should the price be for breakeven to occur at 5,000 units?d. GX desires a selling price of $100. They also want breakeven units to be 5,000.What should variable costs be?
Develop the "best" regression model possible using this set of variables to help you predict the Risk. State your final model. Interpret the coefficients for the model (i.e. what do the numbers mean?).
Brake Pads- A brake pad manufacturer claims its brake pads will last for 38,000 miles. You work for a consumer protection agency and you are testing this manufacturer's brake pads.
An instructor has a test bank consisting of 300 easy true-false questions, 200 difficult true-false questions, 500 easy multiple choice questions and 400 difficult multiple choice questions.
Problem identification: Clearly point to issue you will discuss and influence this problem has on land, air, water resources, plant life, animal life, and human societies.
A process is so vital to an organization that the main unit has 2 backups. In case the main unit fails, either backup can be pressed into service. The main unit has a reliability of .95.
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It is estimated that the probability that the general population will live past their 85th birthday is 5.4%. Use the standard normal distribution to approximate this Binomial problem and answer the following questions.
This solution exemplifies how to select the correct constraint which is based upon the information given in linear programming problem. This is all addressed in under 50 words.
The details of the case are set forth. You are to decide if direct-to-consumer advertising of pharmaceutical drugs is ethical.
Identify any considerations you will need to employ to build and maintain the brand and customer loyalty.
Elucidate how might a company's mission statement affect elucidate how it does its business. Elucidate how does Bass Pro Shop's mission statement affect way it does business.
Develop a joint probability table and show the marginal probabilities. What is the probability of a household whose income exceeds $60,000 and who rejects the offer?
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Riverside oil company in eastern Kentucky produces 3 different grades of gasoline. They are regular, premium, and supreme grades. Each barrel of regular grade sells for $82 while premium grade sells for $88 per barrel and supreme grade sells for $..
Illustrate what would be the minimum cycle time that could be achieved if the production was split into 2 lots of 500 parts each. Illustrate what would be the minimum cycle time and inventory levels if the production is broken down into 4 lots of 2..
Airline knows from past history that an average of 25 customers cancels ir reservation or do not Show for flight. Revenue from a ticket flight is $125. By explain how many seats should super discount overbook flight.
Developing personal skills in making, assessing and communicating recommendations on how to improve development and commercialization organizations
If Davis follows his supervisor's advice, what will happen to Davis's utilization? What will happen to the average time that a package spends in the container?
Descriple the most likely impediments to health care information access in 2030 and make at least two recommendations to avert those impediment that can be implemented now.
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