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- A large company in the communication and publishing industry hs quantified the relationship between the price of one of its products and the demand for this product as Price = 160 -0.01 xDemand for an annual printing of this particular product. The foxed costs per year (ie. per printing) = $4T 000 and the variable cost per unit = $35. What is the maximum profit that can be achieved? What is the unit price at this point of optimal demand? Demand is not expected to be more than 7,000 units per year. The maximum profit that can be achieved is S. (Round to the nearest dolar.) The unit price at the point of optimal demand is S per unit (Round to the nearest cent)Given this frequency distribution, what demand values would be associated with the following random number intermediate calculations.) Demand Frequency 0 29 1 12 11/2 19 40 Simulated Demand 4 Random Number 0.1 0.5 0.4Given this frequency distribution, what demand values would be associated with the following random numbers? (Do not round intermediate calculations.) Demand Frequency 24 1 28 29 19 Random Number Simulated Demand 0.3 0.4 0.7
- The annual salary of the staff members in a state government agency are shown here. The first column shows the annual salary (S) and the second column the frequency (the number of employees earning that salary) labeled F. The mean salary of agency's staff is: S F $120,000 1 91,000 2 86,000 4 65,000 10 57,500 24 44,000 10 a $61,098 b $60,195 c $59,306 d $58,429how to calulate the fixed overhead spending variance?The demand for a commodity generally decreases as the price is raised. Suppose that the demand for oil (per capita per year) is D(p)=1000//p barreis, where p is the price per barrel in dollars. Find the demand when p=55. Estimate the decrease in demand if p rises to 56 and the increase in demand if p is decreased to 54. The demand D(55)= The decrease in demand =? barrels. The increase in demand =? barrels.
- Please no written by hand solutions Question 19 Which of the following figures is most likely to represent the cross-price elestioly of dernand of FiereOne internet services to Starlink intemet services. a) -3 b) 0 c) 2.5 d)⋅0.55Paw Patrol Inc. manufactures toys for kids from 1 to 10 years old. The summary of toy sales by month in 2017 and 2018 is as follows: Dt April May 2018 18600 Period Demand 18716 June 19235 2017 September 19400 July August 19500 October 18300 19753 November 17200 September 18320 December 14998 October 17652 2018 January February March 19800 November 16200 19555 December 15563 19800 What is the Mean Absolute Deviation (MAD), when using the weighted 4-period moving average technique? Use weights of 0.6, 0.2, 0.1, and 0.1 for the most recent period, the second most recent period, the third most recent period, and the fourth most recent period, respectively. O 5445 O 1256 O 1555 O 4450 O 1140Shack Homebuilders Limited is evaluating a new promotional campaign that could increase home sales. Possible outcomes and probabilities of the outcomes are shown next. Possible Outcomes Ineffective campaign Normal response Extremely effective Additional Sales in Coefficient of variation Units 50 70 130 Probabilities 0.40 0.30 0.30 Compute the coefficient of variation. Note: Do not round intermediate calculations. Round your answer to 3 decimal places.
- Over a relatively short time horizon demand for petrol is likely to be inelastic with respect to price. But over the longer term, as motor vehicle owners have the scope to change to other types of fuel such as gas, demand for petrol will be more elastic with respect to price. Group of answer choices! aTrue b.FalseMEAN ABSOLUTE DEVIATION Q.1) Find the mean absolute deviation for the set below. S = {85, 90, 68, 75, 79} A. В. C. D. 79.4 6.48 32.4 79 Sherrie just registered for her wedding. So far 6 items have been fulfilled on her registry. Find the Q.2) mean price of the fulfilled items. $29, $58, $15, $129, $75, $22 43.5 129 54.7 114 А. В. С. D. Find the mean absolute deviation of the fulfilled items on Sherrie's registry. $29 , $58, $15, $129, Q.3) $75, $22 196 54.7 114 32.67 C. D...is the best measure of dispersion. .. Select one: Range a. b. Variance Standard Deviation C.