MAT 540 Homework Week 1
Chapter_1
| Homework #1 | ||||||||||
| Fix Cost | Variable Cost | sales volume | sale Price | Revenue | Total Cost | Profit | Revenue | 210000 | ||
| Q1 - A | 55000 | 8 | 10000 | 21 | Total Cost | 135000 | ||||
| Profit | 75000 | |||||||||
| Fix Cost | Variable Cost | sales price | Break-even quantities | |||||||
| Q1 - B | 55000 | 8 | 21 | Break-even: Revenue = Total Cost | 4230.7692307692 | |||||
| Fix Cost | Variable Cost | sales price | Break-even quantities | |||||||
| Q2 | 30000 | 0.16 | 0.4 | |||||||
| Fix Cost | Variable Cost | sales price | Break-even quantities | Effects | ||||||
| Q3 | 30000 | 0.16 | 0.6 | 0 | ||||||
| Fix Cost & Advertising | Variable Cost | sales price | Break-even quantities | Effects | Fix Cost | Variable Cost | sales price | Break-even quantities | ||
| Q4 | 31166.66667 | 0.16 | 0.4 | -68181.8181818182 | Q13 | 30000 | 0.16 | 0.6 | 68181.8181818182 | |
| Monthly fix Cost & adv. | 31166.6666666667 | |||||||||
| Fix Cost (vender's fee & equipment) | Variable Cost | sales price | Break-even quantities | |||||||
| Q5 - A | 5600 | 0.35 | 14000 | |||||||
| Fix Cost (vender's fee & equipment) | Variable Cost | sales price | Break-even quantities | Factors on Break-even results | ||||||
| Q5 - B | 5600 | 0.35 | 14000 | |||||||
| Fix Cost | Variable Cost | sales price | Break-even quantities | |||||||
| Q6 - A | 360000 | 12000 | 17000 | |||||||
| Fix Cost | Variable Cost | sales volume | sale Price | Profit | ||||||
| Q6 - B | 360000 | 12000 | 75 | 17000 | ||||||
| Fix Cost | Variable Cost | sales volume | sale Price | Profit | Note | |||||
| Q6 - C | 350000 | 12000 | 35 | 22000 | ||||||
| Please give your answers in YELLOW boxes |
Chapter_11
| Q7 | Grade | Scale | Probability | Expected Value | Variance | |||||
| A | 4 | 0.15 | 0.6 | 2.4 | ||||||
| B | 3 | 0.25 | 0.75 | 2.25 | ||||||
| C | 2 | 0.38 | 0.76 | 1.52 | ||||||
| D | 1 | 0.12 | 0.12 | 0.12 | ||||||
| F | 0 | 0.1 | 0 | 0 | ||||||
| 1 | Expected Grade | |||||||||
| Course Variance | ||||||||||
| Q8 | Economic Conditions | |||||||||
| Investment | Good | Poor | ||||||||
| Probability | 0.6 | 0.4 | A: | $ 70,000.0 | ||||||
| A | $350,000 | ($350,000) | B: | $ 100,000.00 | ||||||
| B | 120,000 | 70,000 | Choose investment A or B? | |||||||
| Q9 | Distribution | Mean | Standard deviation | Lower weight limit | Upper weight Limit | Probability | Upper limit | 0.762474738 | ||
| Normal | 50 | 7 | 45 | 55 | Lower Limit | 0.237525262 | ||||
| Probability | 0.5249494759 | (in between upper and lower limits) | ||||||||
| Note: probability from the upper limit to -infinity is 0.7734 | ||||||||||
| Q10 | Distribution | Mean | Standard deviation | Occupied | Probability NOT occupied | |||||
| Normal | 16 | 4 | 19 | Occupuied | 0.7733726476 | |||||
| Not occupied | 0.2266273524 | |||||||||
| Q11 | Distribution | Mean | Standard deviation | Probability | Number of recorders ordered | |||||
| Normal | 180 | 60 | 0.9 | |||||||
| Find number given Probability, mean and standard deviation | 256.8930939327 |