Reference no: EM13242482
Lube Job. Many gas stations and three specialty shops (Pennzoil, Jiffy Lube and Valvoline) do oil changes in Charleston, WV. You've probably been to one of these and know the productionmethod. A Jiffy Lube manager recently got a great idea: instead of using the conventional 3 bay station, he was going to enlarge his operation to 10 bays. He reasoned he'd be able to take advantage of economies of scale and drive out the competition. Do you think his idea will be successful? Why or why not?
Pick an economist: Jeremy Bentham, J.S. Mill or Alfred Marshall. What did he add to
economic science?
Home, Sweet Home. Suppose Ms. Profligate and Mr. Discipline both purchase identical $185,000 homes in Marietta, GA on January 1, 2012. They both have good credit and qualify for a loan with no down payment and 4.8% financing. Profligate take a 15 year loan whereas Discipline take a 30 year loan and reinvests the monthly difference in payments in a the S&P Index fund paying 8.2% per year. Compare their position after 10 years (payment 120). Who has the least-cost home ownership and by how much? (Hint: use the monthly compounding formula FV = PV [(1+i)n -1 / i)] and use an online amortization tool.)
Take me out to the ballpark. It's nearly baseball time and baseball franchises are thinking about pricing their products. Assume a team sells three concessions: hotdogs, soda and nachos. For hotdogs, the average fan's MU for units 1, 2, and 3 is 150, 125, and 80 utils. For soda, MU for units 1, 2, and 3 is 130, 100 and 60. For nachos, it's 140, 120 and 100. The average fan spends $25 per night on concessions. Hotdogs cost $5, nachos $4 and sodas $3. A) what is the composition of the average fan's spending? B) how would this spending pattern change if hotdog prices rose to $5.25 and sodas fell to $2.50?
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Determine the work done on the block
: A block of mass m = 2.10 kg is pushed a distance d = 4.20 m along a frictionless horizontal table by a constant applied force of magnitude F = 16.0 N, Determine the work done on the block by the applied force
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State a radioactive isotope with a half-life
: A patient is given 0.055mg of technetium -99m, a radioactive isotope with a half-life of about 6.0 hours.
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What p-value did you get in your randomization
: What p-value did you get in your randomization and explain in the context of the problem what the p-value means. What is the variable of interest and what graphical techniques will you use to describe your data?
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Compute the quantity of energy produced per gram of reactant
: Calculate the quantity of energy produced per gram of reactant for the fusion of two H - 2 (atomic mass = 2.014102 amu) atoms to form He-3 (atomic mass = 3.016029 amu) and one neutron.
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Who has the least-cost home ownership and by how much
: Lube Job. Many gas stations and three specialty shops (Pennzoil, Jiffy Lube and Valvoline) do oil changes in Charleston, WV. You've probably been to one of these and know the productionmethod.
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Define how many moles of ch4 gas could effuse
: 3.2 x 10-3 moles of O2 gas effuse from a container in 10.0 minutes. How many moles of CH4 gas could effuse from the same container in 10.0 minutes under the same conditions
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Find the magnitude of the magnetic field
: Consider an XY coordinate plane. Wire A is placed along the y-axis at x=0 and wire B is placed parallel to wire A at x= 0.240 m, Find the magnitude of the magnetic field at x=0.380 m
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How many years will it take the dollars purchasing power
: how many years will it take the dollar's purchasing power to be one half what it is now. if the general inflation rate is expected to continue at rate of 6% for an indefinite period
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Explain what is the molar heat of combustion
: A compound burns in a bomb calorimeter that contains 2.80 L of water. If the combustion of 0.161 moles of this compound causes the temperature of the water to rise 48.0oC, what is the molar heat of combustion of this compound (dH2O= 1.00g/mL, cH2O..
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