28 May 2015

$110,000 near a local college. You used $11,000 as a down payment and obtained a mortgage from a local bank for the remaining $99,000. The annual mortgage payment to the bank is $11,500. You expect

28 May 2015,
 0

You have decided to buy a small apartment building for $110,000 near a local college.  You used $11,000 as a down payment and obtained […]


28 May 2015

You need to get gasoline for your car. You can drive ten miles (round trip) to a gas station on the outskirts of town and save 10 cents per gallon on the price of gasoline. If gasoline costs $3 per gallon and your car gets 25 miles per gallon for in-tow

28 May 2015,
 0

You need to get gasoline for your car.  You can drive ten miles (round trip) to a gas station on the outskirts of town […]


28 May 2015

A company produces a walkie-talkie communications device for use in industrial settings. The fixed cost (CF) is $60,000 per month, and the variable cost (CV) is 85 per unit. The selling price per unit is P = $165 – 0.016(D), in which D is the demand or

28 May 2015,
 0

A company produces a walkie-talkie communications device for use in industrial settings.  The fixed cost (CF) is $60,000 per month, and the variable cost […]


28 May 2015

An engineering testing laboratory measures its output in a standard service hour unit, which is a function of the level of testing to be performed. The variable cost (CV) is $112 per standard test service hour. The charge-out rate (i.e., selling price,

28 May 2015,
 0

An engineering testing laboratory measures its output in a standard service hour unit, which is a function of the level of testing to be […]


28 May 2015

A metal part for which annual demand is 140,000 units is made on a CNC machine at a rate of 210 parts per hour. It can be made using tool steel costing $0.30 per pound or using brass stock costing $1.40 per pound. The weight per steel piece is 0.0353

28 May 2015,
 0

A metal part for which annual demand is 140,000 units is made on a CNC machine at a rate of 210 parts per hour.  […]


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