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The X17 self-propelled robot is produced by IntelliToys Pty Ltd. The robots workshop produces 27000 X17 robots per year at 27 % profit. The bill of materials for a robot is as follows: Part Quantity Cost/unit Optical fibre hair 0.012 km 5.2 per km Moving motor/gear assembly 1 0.7 Head/arms motor 1 0.4 Electronic switches 3 0.87 Arms 2 0.43 Lamp assembly 1 0.2 Body 1 0.6 The robots are produced in batches of 900, each taking 22 hours Labour is charged at $ 11 per hour. The overheads for the robots department are $ 57000 per annum and are absorbed on a direct materials basis. Calculate the manufacture cost and the selling price of the X17 robot
q.you are given the market data that says when the price of cake is rs. 60 the quantity demanded of cake is 80 slices
"Price discrimination begins and ends with a firm having market knowledge that its customers/consumers have a willingness to pay different prices." How is this type of information collected and by who? how reliable is it?
Suppose that in a year an American worker can produce 100 shirts or 20 computers, while a Chinese worker can produce 100 shirts or 10 computers. Graph the production possibilities frontier for the 2 countries. Suppose that without trade the workers i..
Suppose that a medical school provides three outputs--patient care, education, and research--and that the total cost of the school is $100 million per year. If the school produced only education, its cost would be $60 million. What are the pure costs..
You have just been appointed the new Economic Advisor to the U.S. Government and have been asked to develop an economic series of projections for the U.S. domestic economy for the next year. Outline your new forecast based on current developments. Al..
Take any product sold at any large retail outlet, and discuss how the product could be positioned. Briefly describe your reasoning for this target
Suppose that the? long-run aggregate supply curve is positioned at a real GDP level of $14 trillion in base year? dollars, and the? long-run equilibrium price level? (in index number? form) is 120.
Consider the following two probability distributions for sales: Graph the two distributions shown in table. What are the expected sales for the two probability distributions? Calculate the variance and standard deviation for both distributions. Which..
Suppose you have an asset that costs $11 in time period zero and has an IRR of 18%. With a retained earning rate of 5% on your remaining $7, what is the highest loan rate that would support investing in this asset? Calculate.
Bet'R Bilt Bikes just announced that its annual dividend for this coming year will be $2.42 a share and that all future dividends are expected to increase by 2.5% annually. What is the market rate of return if this stock is currently selling for $22 ..
The Snow City Ski Resort caters to both out-of-town skiers and local skiers. The demand for ski tickets of out-of-town skiers is given by Qo = 600 - 10 Po, while the demand for ski tickets of local skiers is given by Ql = 600 - 20 Pl . The marginal c..
The rate of return on an investment in medical education
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