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Words 15000

Pages 60

Click Link for the Answer: http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085

MAT 540 Week 1 Discussion

"Class Introductions" Please respond to the following: * Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information.

MAT 540 Week 1 Homework

Chapter 1

1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is

$65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire.

a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit.

b. Determine the annual break-even volume for the Retread Tire Company operation.

2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.20. Evergreen sells the fertilizer for $0.45 per pound. Determine the monthly break-even volume for the company.

3. If Evergreen Fertilizer Company in problem 2 changes the price of its fertilizer from $0.45 per pound to $0.55 per pound, what effect will the change have on the break-even volume?

4. If Evergreen Fertilizer Company increases its advertising expenditure by $10,000 per year, what effect will the increase have on the break-even volume computed in problem 2?

5. Annie McCoy, a student at Tech, plans to open a hot dog stand inside Tech’s football stadium during home games. There are 6 home games scheduled for the upcoming…...

...MAT540 Week 6 Discussion and Homework Click below link for Answer http://workbank247.com/q/mat-540-week-6-homework/2897 http://workbank247.com/q/mat-540-week-6-homework/2897 Discussion Discuss LP Models Select one (1) of the following topics for your primary discussion posting: • The objective function always includes all of the decision variables, but that is not necessarily true of the constraints. Explain the difference between the objective function and the constraints. Then, explain why a constraint need not refer to all the variables. • Pick any constraint from any problem in the text, and explain how to plot the line that corresponds to that constraint. Homework Chapter 2 2. A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 available hours. Each product requires 10 hours of processing time on line 1, while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit, and the profit for product 2 is $4 per unit. a. Formulate a linear programming model for this problem. b. Solve the model by using graphical analysis. 6. The Pinewood Furniture Company produces chairs and tables from two resources – labor and wood. The company has 80 hours of labor and 36 board-ft. of wood available each day. Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board-ft. of wood,......

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...MAT 540 Week 10 Homework CH 6 Chapter 6 4. Consider the following transportation problem: From | To (cost) | Supply | | 1 | 2 | 3 | | A | $ 6 | $ 9 | $100 | 130 | B | 12 | 3 | 5 | 70 | C | 4 | 8 | 11 | 100 | Demand | 80 | 110 | 60 | | Formulate this problem as a linear programming model and solve it by using the computer. 6. Consider the following transportation problem: From | To (cost) | Supply | | 1 | 2 | 3 | | A | $ 6 | $ 9 | $ 7 | 130 | B | 12 | 3 | 5 | 70 | C | 4 | 8 | 11 | 100 | Demand | 80 | 110 | 60 | | Solve it by using the computer. 36. World Foods, Inc., imports food products such as meats, cheeses, and pastries to the United States from warehouses at ports in Hamburg, Marseilles and Liverpool. Ships from these ports deliver the products to Norfolk, New York and Savannah, where they are stored in company warehouses before being shipped to distribution centers in Dallas, St. Louis and Chicago. The products are then distributed to specialty foods stores and sold through catalogs. The shipping costs ($/1,000 lb.) from the European ports to the U.S. cities and the available supplies (1000 lb.) at the European ports are provided in the following table: From | To (cost) | Supply | | 4. Norfolk | 5. New York | 6. Savannah | | 1. Hamburg | $420 | $390 | $610 | 55 | 2. Marseilles | 510 | 590 | 470 | 78 | 3. Liverpool | 450 | 360 | 480 | 37 | The transportation costs ($/1,000 lb.) from each U.S. city...

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... WEEK 10, Discussion Question 1: “Transshipment Problems” Can we apply transshipment models to inventory applications? Why or why not? Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Can we apply transshipment models to inventory applications? Why or why not? Yes, transshipment models can be applied to inventory applications. This will ensure lower costs through proper management and disbursement of the inventory while providing faster response times. The inventory levels can be managed by location in order to ensure minimal levels and the shipping will occur for less cost and faster service due to inventory placement within regions (Taylor III, 2011). Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? The transportation model is an example of decision making under certainty. The data, in this case the route and items, has to be known in order for the decision making to be determined under certainty (Taylor III, 2011). Explain the assignment model and how it facilitates in solving transportation problems. What benefits would be gained from using this model? 2ND RESPONSE Can we apply transshipment models to inventory applications? Why or why not? Yes, it does seem that transshipment models can be applied to inventory applications. Inventory applications deal with transporting goods to different destinations just like the......

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...FIN 540 Complete Course Click below link for Answers visit www.workbank247.com http://workbank247.com/q/fin-540-week-1-to-week-11-complete-course-fin540-w/9895 Homework Link http://workbank247.com/q/fin-540-week-1-to-week-11-homework/10478 FIN 540 Week 1 Discussion "Risk and Return" Please respond to the following: * Go to Yahoo! Finance’s Website, located at http://finance.yahoo.com/. Select a publicly traded company in which you are interested, and figure out its symbol (e.g.: Apple-AAPL). Insert the company symbol into the search bar on the left-hand side where it reads “Quote Lookup” and click “Go”. Once on the stocks trading page, look for the vertical blue menu on the left of the page. Scroll down to “COMPANY,” click on the link titled “Key Statistics,” and review basic financial metrics for the chosen company. Discuss two (2) key financial metrics used by investors to evaluate the riskiness of a stock. Select the financial metric that you would be most likely to use and explain your reasoning. Support your selection with one (1) real-world example. * Examine the concept of risk and return as it applies to financial instruments. Determine the relationship between the two (2) and whether or not the relationship between risk and return always holds true. Provide a rationale for your response. FIN 540 Week 1 Homework FIN 540 Week 2 Discussion "Investment Banking" Please respond to the following: * Examine the manner in which investment banks previously used......

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... MAT 540 MAT540 Complete Homework Assignment Click below link for Answer or visit www.workbank247.com http://workbank247.com/q/mat540-week-1-to-week-11-homework-latest-2015/10483 http://workbank247.com/q/mat540-week-1-to-week-11-homework-latest-2015/10483 MAT540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $55,000.The variable cost of recapping a tire is $8.The company charges $21 to recap a tire. a. For an annual volume of 10,000 tires, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $30,000, and its variable cost per pound of fertilizer is $0.16. Evergreen sells the fertilizer for $0.40 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in Problem 2 changes the price of its fertilizer from $0.40 per pound to $0.60 per pound, what effect will the change have on the break-even volume? 4. If Evergreen Fertilizer Company increases its advertising expenditures by $14,000 per year, what effect will the increase have on the break-even volume computed in Problem 2? 5. Annie McCoy, a student at Tech, plans to open a hot dog stand inside Tech’s football stadium during home games. There are seven home games scheduled for the...

Words: 7099 - Pages: 29

...MAT 540 Complete Course MAT540 Complete Course Click Link for the Answer: http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 MAT 540 Week 1 Discussion "Class Introductions" Please respond to the following: * Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information. MAT 540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire. a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.20. Evergreen sells the fertilizer for $0.45 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in problem 2 changes the price of its fertilizer from $0.45 per pound to......

Words: 14999 - Pages: 60

...MAT 540 Complete Course MAT540 Complete Course Click Link for the Answer: http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 MAT 540 Week 1 Discussion "Class Introductions" Please respond to the following: * Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information. MAT 540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire. a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.20. Evergreen sells the fertilizer for $0.45 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in problem 2 changes the price of its fertilizer from $0.45 per pound to......

Words: 14999 - Pages: 60

...MAT 540 Complete Course MAT540 Complete Course Click Link for the Answer: http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 MAT 540 Week 1 Discussion "Class Introductions" Please respond to the following: * Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information. MAT 540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire. a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.20. Evergreen sells the fertilizer for $0.45 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in problem 2 changes the price of its fertilizer from $0.45 per pound to $0.55 per pound,......

Words: 15000 - Pages: 60

...MAT 540 Complete Course MAT540 Complete Course Click Link for the Answer: http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 MAT 540 Week 1 Discussion "Class Introductions" Please respond to the following: * Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information. MAT 540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire. a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.20. Evergreen sells the fertilizer for $0.45 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in problem 2 changes the price of its fertilizer from $0.45 per pound to $0.55 per pound,......

Words: 15000 - Pages: 60

...MAT 540 Complete Course MAT540 Complete Course Click Link for the Answer: http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 MAT 540 Week 1 Discussion "Class Introductions" Please respond to the following: * Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information. MAT 540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire. a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.20. Evergreen sells the fertilizer for $0.45 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in problem 2 changes the price of its fertilizer from $0.45 per pound to $0.55 per pound,......

Words: 15000 - Pages: 60

Words: 15000 - Pages: 60

Words: 15000 - Pages: 60

Words: 15000 - Pages: 60

Words: 15000 - Pages: 60

...MAT 540 Complete Course MAT540 Complete Course Click Link for the Answer: http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 http://workbank247.com/q/mat-540-complete-course-mat540-complete-course/22085 MAT 540 Week 1 Discussion "Class Introductions" Please respond to the following: * Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information. MAT 540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire. a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit. b. Determine the annual break-even volume for the Retread Tire Company operation. 2. Evergreen Fertilizer Company produces fertilizer. The company’s fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.20. Evergreen sells the fertilizer for $0.45 per pound. Determine the monthly break-even volume for the company. 3. If Evergreen Fertilizer Company in problem 2 changes the price of its fertilizer from $0.45 per pound to......

Words: 14999 - Pages: 60