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Given the cost function C(q) = 4000 + 50q + 0.002q2 and the demand function p = 80 - 0.025q, find the value of q for which:
(a) Average cost is a minimum.
(b) Revenue is a maximum.
(c) Profit is a maximum.
All cell phones are now equipped with GPS chips that enable users to be located within a geographical location about the size of a tennis court. The primary purpose for installing GPS chips in phones is to enable emergency services to locate a cell p..
The problem should be relevant to an area of business or management that can be studied through critical reading and research.
The Good Chocalate Company. Specifications for the 12-ounce bar are 330 grams to 350grams. What is the largest stnd dev, in grams, and still considered capable of ave fill of 340 grams?
A project plan cannot be considered complete until the resources have been assigned (including budget and cost estimate). You will assign the resources required to work on your project to your scheduled tasks
An agent negotiates a contract with a third party for which the agent did not have express authority. The principal can never be held liable on the contract because the agent exceeded his authority. The principal can be liable on the contract only if..
At what business stage is Emma's Parlor? At what stage is her Web-based organic tea business?
The "net exports effect" is the impact on a country's total spending caused by an inverse relationship between the price level and the net exports of an economy. Using this principle, discuss how the following economic variables change during an e..
Groups may be both a boon (for example, they statistically outperform individuals) and a bane (for example, they take too long) of decision making. While they can systematically outperform individuals, groups are also prey to systematic bias and o..
Describe the competencies needed by team members in order for the team to be successful and how they contribute to a team’s success.
Standard containers are designed to hold three dozen parts each. The cycle time for parts containers is about 105 minutes. how many containers are needed.
identify two companies in unrelated industries that use tpm approaches to ensure reliability in the products or
In which stage of the product life cycle should product strategy focus on process modifications as the product is being “fine-tuned” for the market? High fixed costs and low variable costs are typical of which approach? According to the manufacturing..
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