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Assume you are building a system (Aircraft, etc.) for a customer but using the best technology available. You cannot produce the reliability required. The customer requires reliability of .99 after the system (aircraft, etc.) has operated for 1000 hours. Your system (Aircraft, etc.) has a reliability of .80 after operating for 1000 hours. What can you do to meet the customers' required reliability?
Tad's bait shop has a monopoly on the bait market at Sanderson's Lake. The demand curve for bait is QD = 56 - 8P -> P = 7 - 18 QD. This implies the marginal revenue function is: MR(Q) = 7 - 14 Q. Tad has two employees he can use to search for bait..
A company has an annual requirement for 150,000 parts, which cost $125 each. The parts require processing having a $4,000 setup cost. Each part occupies 0.5 sqft of floor space in the factory. Floor space has a total cost of $12.50 per square foot..
Assume that the mean hourly cost to operate a commercial airplane follows the normal distribution with a mean of $2,425 per hour and a standard deviation of $195. What is the operating cost for the lowest 4 percent of the airplanes.
a) Using the 2 step growth model, calculate the price of the 3 stocks. b) Are any of the stocks an obvious buy compared to the current market price c) If you had a stock selected for part b, explain where the analysis may have gone astray.
Jim's utility function is U(x, y) = xy. Jerry's utility function is U(x, y) = 1,000xy + 2,000. Tammy's utility function is U(x, y) = xy(1 - xy). Oral's utility function is U(x,y)= -1/(10+2xy).Marjoe's utility function is U(x, y) = x(y + 1,000). Pa..
Which changes to fiscal stimulus package of 2009 for $862 billion (under the bill called American Recovery and Reinvestment Act of 2009) would have a larger overall impact on AD. Explain your answer in a paragraph or two with credible logics and a..
You are given an asset with a 5 year life and salvage values and annual costs given below: Year 0: SV: $100,000 A.C:$ - Year 1: SV: $75,000 A.C:$ 30,000 Year 2: SV: $41,000 A.C:$ 40,000 Year 3: SV: $30,000 A.C:$ 60,000 Year 4: SV: $22,000 A.C:$ 90..
Application of simple linear regression analysis to the estimation of demand equation has yielded the following: Q = 24 - 2P. If the current product price is P=$6 and the quantity sold per time period is Q=10, then what is the error (e) for the cu..
Demand for flower bouquets in a suburban town is described by: QD = 50 - 5 P + 2 Y, where Q is quantity, P is price per unit, and Y is an index of consumer income. Similarly, supply is described by QS = 10 P - 5.
A factory benefits from discharging effluent, q, into a lake. The marginal benefit function is given by 60-2q. The pollution causes damages to two nearby communities. The marginal damages to Community A are 1q. The marginal damages to community B ..
The size of the labor force in a community is 800, and 720 of these folks are gainfully employed. In this community, 200 people over the age of 16 do not have a job and are not looking for work. In addition, 100 people in the community are under t..
Two girder designs are under consideration for a bridge for a 1,200-foot crossing. The first is expected to result in a superstructure weight per foot of 22(S) + 800, where S is the span between piers. The second should result in superstructure we..
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