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Q. A company designs websites for clients. Much of the work is done in-house, but it finds that it must subcontract (i.e., outsource) some work. It charges clients $2500 to build a typical website. While it costs $1000 to design a website in-house, the company pays $1500 for each website. In one month, the company would like to design at least 200 websites total (in-house + outsource), with no more than 100 websites of them sub-contracted. It takes approximately 40 hours to design a website in-house and approximately 20 hours to supervise a website outsourced. Capacity information: Each worker at the averages 12-hour workdays. During the month, there are 26 workdays. The company has 15 workers. Determine the number of sites designed in-house and outsourced to minimize cost while meeting all necessary constraints. Give the LP Model and use both the graphical method and Excel to find the optimal solution.
Calculate the net cash flows for the year 0 and the years 1 thru 6. What is the NPV of the project? What is the modified internal rate of return for this project?
Assume, no calls are currently on hold. If agent takes 5 minutes to complete current call, how many callers do you expect to be waiting by that time. Illustrate what is probability that none will be waiting.
A huge increase in resource costs causes the price to rise to $9 also Block's only manages to sell 460 bottles of perfume.
Considers a consumer who suddenly changes her preferences with regard to air travel,
Consider that, in this case, we 1st add (marginal) costs, not quantities, since these are the costs associated with each t-shirt.
What happens to the population size in the long run? Does the Iron Law of Wages (where Malthus asserted that technological change would not improve human living standards) hold in this case? Why or why not?
Elucidate how much does the total amount of deposits in the banking system increase. By elucidate how much does the money supply increase.
A major employer in a small town announces upcoming major layoffs of employees. What should we expect to happen to the consumption functions of the affected employees.
Both antritrust policy and industrial regulation deal with monopoly. Illustrate what distinguishes the two approaches. how does government decide to use one form of remedy rather than the other.
What is per unit cost of producing 60 units of output. ATC(60)=$10 What is per unit labour cost of producing 60 units of output. AVC(60)=$6.67 What is per unit fixed cost of producing 60 units of output.
q1. from the price elasticity calculated above we can say that if the price of x increases by 10 then its demand will
After reviewing efforts to reduce the Deficit, discuss the actions in use by Congress since 1985 to reduce the budget deficits.
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