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In her last-minute preparations for final exams, a student has set aside five hours to split between studying for two subjects, finance and economics. Her goal is to maximize the average grade received in the two courses. (Note that maximizing the average grade and maximizing the sum of the grades are equivalent goals.) According to her best guesses, grades vary with study as follows: Study hours Finance Grade Study hours Economics Grade 0 70 0 75 1 78 1 81 2 83 2 85 3 88 3 87 4 90 4 89 5 92 5 90 a. List the marginal values of additional hours worked for each subject. b. How much time should the student spend studying each subject? c. c. Suppose the student also is taking an accounting exam and estimates that each hour of studying will raise her grade by three points. She has allotted two hours for studying accounting (in addition to the five hours already mentioned). Is this an optimal decision? Explain. (Assume her objective is to maximize her average grade across the three courses.)
Write an informational report. Discuss the nature of work, working conditions, necessary qualifications and future jobs outlook for the occupation. Include information about salary range and career paths.
In a hard copy favourable response message in which a subject line is not used, necessary identification information is best placed.
One of the greatest changes in the transportation industry has been the steady growth in the use of containers. Based on the role of logistics in the world's economy, do you expect that growth to continue? Why or why not? Cite one or more references ..
Read the Case Study “Lean Implementation and Supply Chain Development at Oak Hills.” Write a report from the project team that answers the following questions. What are the specific quality problems Oak Hills is facing, and how will they influence th..
The LeVitre and Swezey Credit Union maintain separate bank accounts for each of its 20,000 customers. Three major ?les are the customer master ?le, the transaction ?le of deposits and withdrawal information, and a monthly statement ?le that shows a c..
Suad Alwan, the purchasing agent for Dubai Airlines has found that the fourth plane it needed from a Brazilian manufacturer took that firm 20,000 hours to produce. Using an 75% learning curve and a $20-per-hour labor charge, Suad wishes to calculate ..
AVALON Cosmetics sells door-to-door cosmetics much like Mary Kay. Women work as independent contractors for commissions and bonuses. Total company revenues have fallen 5% for each of the past two years! Customers report that they are highly sa..
Identify potential ethical challenges that may be faced by security professionals as technology advances, applications become more mobile, and computer criminals become more innovative.
What behaviors develop or elicit trust? What behaviors destroy trust? Can there be too much trust?
What sort of picture would you form of the star in just one of these publications, as opposed to the full combination?
What can you say about the mandatory use of headscarves in Iran? About their mandatory removal in French public schools?
Analyze the opportunities or needs for IS/ IT implementation in the firm by identifying the functional areas affected, the specific business processes involved, and the decision level that might be impacted. ( Case study Telemedicine an opportunity o..
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