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Cool-Aire Corporation manufactures a line of room air conditioners. Its breakeven sales level is 33,000 units. Sales are approximately normally distributed. Expected sales next year are 40,000 units with a standard deviation of 4,000 units.
a. Determine the probability that Cool-Aire will incur an operating loss.
b. Determine the probability that Cool-Aire will operate above its break-even point.b. The firm's direct labor costs are increased as the result of a new labor contract.
c. The Occupational Safety and Health Administration (OSHA) requires the firm to install new ventilating equipment in its plant. (Assume that this action has no effect on worker productivity.)
Is the superior performance of China explicable on other competitive principles like the "catch-up" effect?
Solve Tracy's problem of how often to go to the ATM when nominal interest rate on her bank account is 10%, she spends $30 each day, it cost her $0.50 each time she uses the atm, and she thinks that there is a 15% chance.
Five years ago, when the relevant cost index was 120, a nuclear centrifuge cost $40,000. The centrifuge had a capacity of separating 1500 gallons of ionized solution per hour. Today, it is desired to build a centrifuge with a capacity 4500 gallons..
Lenders perceive that you are risky, so you must pay 12 percent annual interest to borrow from one of them. You only receive 6 percent on funds that you have deposited in the bank. Do the opportunity costs of borrowing and using your own funds dif..
Assume that the path-loss exponent within the cell is γI = 2 but that the intercell interference has path-loss exponent γ0 = 4. Compare with the SIR for γ = γI = γO = 4 and for γ = γI = γO = 2. Explain the relative orderings of SIR in each case.
youve recently learned that the company where you work is being sold for 380000. the companys income statement
Briefly describe copyright, public domain, and fair use. Provide a unique example of fair use. Provide an example of when copyright would be violated.
The Silicon Light Machines pixel could be made smaller if fewer beams could be used per pixel. Could the Silicon Light Machines display be made with only four beams per pixel? Two beams per pixel? Explain.
Compute the price elasticity of demand for pies at the firm's mean price: ($7.50) and mean weekly sales quantity (20,000 pies). Next, compute the cross-price elasticity of demand. Comment on these estimates.
Trains can move at different speeds, so no assumption should be made about the train speeds. A train hitting a sensor can be stopped before entering the switch area.
Jenny is an engineer for a municipal power plant. The plant uses natural gas, which is currently provided from an existing pipeline at an annual cost of $10000 per year. Jenny is considering a project to construct a new pipeline.
If she expects to live for seven more years after retiring, and wants her consumption to remain the same (in real terms) every year from now on, how much can she consume this year?
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