21. A merchant plans to sell two models of home computers at costs of $250 and $400, respectively. The $250 model yields a profit of $45 and the $400 model yields a profit of $50. The merchant estimates that the total monthly demand will not exceed 250 units. Find the number of units of each model that should be stocked in order to maximize profit. Assume that the merchant does not want to invest more than $70,000 in computer inventory.
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please solve correctly using simplex method.
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- 5. An insurer charges a loading of 30% on its policies with limit $500,000, anda loading of 33% on its policies with limit $1,000,000. It purchases stoploss reinsurance of $500,000 over $500,000. The cost of this reinsurance is22% of total premiums. What is the reinsurer’s loading on the reinsurancepolicy?Pane 3. Assume a company receives cash from different geographic areas of $500,000 daily. The average float of the cash receipt is 4 days. Interest rate on savings is 6% per year. If the company institutes a lock-box system, it will reduce the float to two days. It will cost $80,000 to install the lock-box system and an additional monthly fee of $1,000 to operate it. Should the company install the lock-box system?Jessica's house sells for $235,000 and she pays a 6% real estate commission to the listing broker, Oscar. Oscar keeps 55% and gives the co-operating broker the balance of the sales commission. If Harry, the listing broker's agent, earns 65% of the commission that his broker receives, how much commission does Harry earn? O $5.689.25 (Dollars) O $4,124.25 (Dollars) O $5.040.75 (Dollars) O $9,165.00 (Dollars)
- 44. The Kirei-Hana Japanese Steak House in San Francisco consumes 3,000 pounds of sirloin steak each month. Yama Hirai, the new restaurant manager, recently completed an MBA degree. He learned that the steak was replenished using an EOQ value of 2,000 pounds. The EOQ value was computed assuming an interest rate of 36 percent per year. Assume that the current cost of the sirloin steak to the steak house is $4 per pound. a. What is the setup cost used in determining the EOQ value? Mr. Hirai received an offer from a meat wholesaler in which a discount of 5 percent would be given if the steak house purchased the steak in quantities of 3,000 pounds or more. b. Should Mr. Hirai accept the offer from the wholesaler? If so, how much can be saved? c. Because of Mr. Hirai's language problems, he apparently misunderstood the offer. In fact, the 5 percent discount is applied only to the amounts ordered over 3,000 pounds. Should this offer be accepted, and if so, how much is now saved?4. Astore is currently offering a 60% discount on all items purchased. Your cashier is trying to convince you to open a store credit card and says to you, "In addition to the 60% discount you are receiving for purchasing these items on sale today, you will get an additional 20% off for opening a credit card account. That means you are getting 105% off!" %3D a. What is the mistaken assumption here? b. Why is that assumption incorrect? c. If you did truly have 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? show calculation d. If you got your 60% discount and opened up the card for an additional 20%, what is the actual % discount you would receive? show calculation e. Is it better to apply the 60% discount first or the 20% discount first?_show calculationDefine the following terms:i. Capitalii. Partneriii. Entrepreneuriv. Demandv. Supply
- A borrower bought a house for $250,000; he can obtain an 80% loan with a 30-year fully amortizing, 6% interest rate and monthly payment. Assuming the marginal tax rate for the borrower is 25%. Maintain and insurance are currently $1,200 each per year, Selling cost is 6% of sale; property tax is 2% of the value each year, property value increases 5% per year. What is the first year total tax deduction from owning? $4250.0 $4920.71 53940.0 $3729.254. Solar Hydro manufactures a revolutionary aeration system that combines coarse and fine bubble aeration components. This year (year 1) the cost for check valve components is $9,000. Based on closure of a new contract with a distributor in China and volume discounts, the company expects this cost to decrease. If the cost in year 2 and each year thereafter decreases by $560, what is the equivalent annual cost for a 5-year period at an interést rate of 10% per year?108 Which of the following components of an ARM adjust periodically, resulting in a change In the monthly payment? A) Index and margin B) Index and interest rate C) Margin and interest rate D) Margin and discount points
- A company has the option of purchasing a good ormanufacturing the item. If the item is purchased, thecompany will be charged $25 per unit plus a cost of $4 perorder. If the company manufactures the item, it has aproduction capacity of 8,000 units per year. It costs $50 toset up a production run, and annual demand is 3,000 unitsper year. If the annual holding cost is 10% and the cost ofmanufacturing one unit is $23, determine whether thecompany should purchase or manufacture the item.Using method 1 (combined depreciation and investment cost) determine the probable cost per hour of owning and operating a caterpillar that uses rubber tires.The equipment is a 185-hp diesel engine and the following conditions apply. Factor delivered price = $ 472,550Sales tax = 6.5% of delivered priceUnloading and assembling = $2,175Salvage value = $ 115,000Useful life = $ 6 yr.Hours used per year = 1,675 hrInterest on investment = 9.5%Maintenance and repair = 65% of straight line depreciationDiesel engine = 185 hpOperating factor = 0.60Fuel cost = $5.45/galCrankcase capacity = 9 galHours between oil changes = 135 hr.Oil cost = $14.25/galTires = $ 62,500Tire life = 4950 hr.Tire repairs = 12% of tire depreciation.H1. Account Where a company has no history with declaring and paying dividends, it will need to use an alternate method to value its stock. What are some of the key concerns in using the PE ratio to value stock?