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Each year in the United States nearly 5 billion pounds of discarded carpet end up in land fills. In response to this situation, the carpet manufacturer has decided to start a take-back program whereby obsolete carpet is reclaimed at the end of its useful life (about 7 years). The manufactured carpet will then be recycled into the company's supply chain. The out-of-pocket (variable) cost of recycling is $1.00 per square yard of carpet, and the re-manufactured carpet can be sold for $3.00 per square yard. If the recycling equipment costs $1 million and has no market value at the end of its eight- year life, how much carpet must be re-manufactured annually to make this a profitable undertaking? The company;s MARR is 15% per year.
Terrorist attacks foster instability and may affect productivity over the short and long term. Do you think the September 11, 2001, terrorist attacks on the World Trade Center and the Pentagon affected short- and/or long-term productivity in the U..
Exam: 050476RR - EXTENSIONS AND ISSUES; INTERNATIONAL ECONOMICS - The very poorest low-income developing countries typically have relatively and which one of the following groups of economists is most likely to favor annually balanced federal budgets..
According to Jeffrey Sachs, Determine what kinds of development assistance can make a difference in Africa, and what role does he anticipate for the developed world?
Determine whether Pugelovia is labor-abundant or capital abundant. If car production is capital-intensive and cloth is labor-intensive, what is the Heckscher-Ohlin prediction for the pattern of trade between Pugelovia and The Rest of the world?
Determine what evidence do we have that the Central Limit Theorem is true and explain why do so many of life's events share the same characteristics with Central Limit Theorem?
The United States and most other countries abandoned the gold standard during the 1930s. Why would the 1930s have been a particularly difficult time for countries to remain on the gold standard Do you agree or disagree with Congressman Ron Paul ..
The brain drain problem in the developing countries refers to the fact the best-educated workers and mainstream view of macro instability
The job losses to foreign nations have not been limited to low skilled rankings. And that may not necessarily be a real concern in long run.
Assume that in England five man hours of labor are needed to make each cask of wine and five man-hours are needed to produce each bolt of cloth,
Determine what factors led to the mortgage default crisis and how did mortgage defaults affect banks involved in mortgage lending and mortgage investing Securitization
Suppose both governments offer their respective company a subsidy of $4(million). Which company will enter the market c. Suppose both governments offer their respective company a $10 million subsidy. Which company will enter the market d. Suppose the..
Describe Chang's distinction between the `historical induction' approach versus the `deduction' approach to economic science. Which does he prefer and why?
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