Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. 2. Suppose a firm has a cost function: TC = 4x2 + 10y2. The production manager want to know the quantities of each product that will minimize the total cost if the total output of x & y must equal 800. a. Solve this problem for the manger using the Lagrangian method. b. How would this manager use the resulting Lagrangian multiplier in this case? 2. 1. Suppose a firm sells two products labeled: x & y. The total revenue function for these products is: TR = 36x - 3x2 + 40y - 5y2. And the total cost function is: TC = x2 + 2xy + 3y2. Find: a. The optimal levels of x & y this form should produce to maximize profits. b. Be sure to check and show the second order conditions confirming your results. c. What are the prices of both goods x & y at the optimal levels? 3. 3. The supply function for a particular kind of cheese is: Qs = 100 + 3P where Qs is the quantity supplied of this cheese in millions of pound per year, and P is the price of this cheese in dollars per pound. If the demand function is: Qd = 106 million pound of cheese per year and if the government imposes a price floor of $1 per pound: a. Will there be excess supply or excess demand for this cheese? How big will it be? b. What if the government sets a price floor of $3 per pound? Will there be excess demand or supply? How big will it be?
the level production plan that makes use of inventories and back orders (shortages) can not be used in planning for providing services.
find out the single most important element which a Director of Finance must practice diligently. Provide a rationale for your answer.
What advantages does the company appear to have concerning the relationship between inventory and sales?
Suppose that you feel that your email content was always leaked some confidential information in your email was known to many others.
Explain including the above list and the standard elements of a contract and you are to also include the following clauses into your formal
Watson Department Store uses the retail inventory method to estimate its inventories. It intended its cost to retail ratio during the period
who is earning his/her doctorate degree. Once the degree is earned, the pay will increase. What kind of pay would that fall under?
Calculate his likely cash balance or deficit for the end of the year. Start with beginning cash and subtract the asset buildup (equal to 50 percent of the sales increase) and add in profit.
Explain Develop and initial sales promotion schedule for DELL tablet
Develop a well thought out essay where you take a position as well as then offer convincing logical support for that position. What must be the main objective(s) of a marketing department within any organization
Pam and Deb were in a car accident. Deb went through a red light hitting Pam from the side. But Pam was driving 45 miles per hour in a 25 miles per hour zone. Pam sues Deb based on neglect for damages
Leadership: Criteria to measure effectiveness of leaders and why is it so difficult to measure the effectiveness of leadership in an organization?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd