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Cristina Gomez

Cristina G.

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Viewed Questions

An investment project requires an initial outlay of $\$ 8000$ and will produce a return of $\$ 17000$ at the end of 5 years. Use the
(a) net present value
(b) internal rate of return
methods to decide whether this is worthwhile if the capital could be invested elsewhere at $15 \%$ compounded annually.

An investment project requires an initial outlay of $\$ 8000$ and will produce a return of $\$ 17000$ at the end of 5 years. Use the (a) net present value (b) internal rate of return methods to decide whether this is worthwhile if the capital could be invested elsewhere at $15 \%$ compounded annually.

Mathematics for Economics and Business

Mathematics of Finance

Investment appraisal

Shortly after the introduction of the euro coin in Belgium, newspapers around the world published articles claiming the coin is biased. The stories were based on reports that someone had spun the coin 250 times and gotten 140 heads- that's 56$\%$ heads. Do you think this is evidence that spinning a euro is unfair? Explain.

Shortly after the introduction of the euro coin in Belgium, newspapers around the world published articles claiming the coin is biased. The stories were based on reports that someone had spun the coin 250 times and gotten 140 heads- that's 56$\%$ heads. Do you think this is evidence that spinning a euro is unfair? Explain.

STATS Modeling The World

Randomness and Probability

Probability Models

A company packages a bulk product in bags with a 50 -pound label weight. During a typical day's operation of the fill process, 22 subgroups of five bag fills are observed. Using the observed data, $\overline{\bar{x}}$ and $\bar{R}$ are calculated to be 52.9364 pounds and 1.6818 pounds, respectively. When the $22 \vec{x}$ 's and $22 \mathrm{R}$ 's are plotted with respect to the appropriate control limits, the first 6 subgroups are found to be out of control. This is traced to a mechanical start-up problem, which is remedied. Using the remaining 16 subgroups, $\overline{\bar{x}}$ and $\bar{R}$ are calculated to be 52.5875 pounds and 1.2937 pounds, respectively. a Calculate appropriate revised $\bar{x}$ and $R$ chart control limits. $\mathbf{b}$ When the remaining $16 \vec{x}$ 's and $16 R$ 's are plotted with respect to the appropriate revised control limits, they are found to be within these limits. What does this imply?

Business Statistics in Practice : Using Modeling, Data, and Analytics

Process Improvement Using Control Charts

Sampling a Process, Rational…

A casino knows that people play the slot machines in hopes of hitting the jackpot but that most of them lose their dollar. Suppose a certain machine pays out an average of $\$ 0.92,$ with a standard deviation of $\$ 120$.
a) Why is the standard deviation so large?
b) If you play 5 times, what are the mean and standard deviation of the casino's profit?
c) If gamblers play this machine 1000 times in a day, what are the mean and standard deviation of the casino's profit?
d) Is the casino likely to be profitable? Explain.

A casino knows that people play the slot machines in hopes of hitting the jackpot but that most of them lose their dollar. Suppose a certain machine pays out an average of $\$ 0.92,$ with a standard deviation of $\$ 120$. a) Why is the standard deviation so large? b) If you play 5 times, what are the mean and standard deviation of the casino's profit? c) If gamblers play this machine 1000 times in a day, what are the mean and standard deviation of the casino's profit? d) Is the casino likely to be profitable? Explain.

Stats Data and Models

Questions asked

INSTANT ANSWER

OXO has __________________________________ to help maintain a positive image. a proactively and reactively used public relations b proactively used print magazines c proactively used cause-related marketing d proactively used TV infomercials

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ANSWERED

Benjamin Densmore verified

Numerade educator

What does CP&B consider to be the key to its success? a CP&B develops an in-depth understanding of a client’s brand before launching a campaign. b CP&B works to understand a client’s problem before determining how to develop a campaign. c CP&B evaluates potential media and the demographics of users before deciding how to develop a brand. d CP&B uses as many interactive media tools as possible to reach a wider audience e CP&B relies on global, cross-functional teams to develop and implement campaign strategies.

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INSTANT ANSWER

Revenue-sharing results in higher retailer effort Select one: True False

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INSTANT ANSWER

Which mode of transportation is used primarily for petroleum and natural gas? a. Rail b. Air c. Truck d. Pipeline

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INSTANT ANSWER

If the demand is high and the value is low, then it is recommended to disaggregate all inventories and use inexpensive mode of transportation for replenishment. Select one: True False

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ANSWERED

Tim Thornhill verified

Numerade educator

Package carrier is convenient for a scenario with high density and long distance Select one: True False

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INSTANT ANSWER

Shipper moves or transports the product Select one: True False

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INSTANT ANSWER

To reduce the optimal lot size by a factor of k, the fixed order cost S must be reduced by a factor of k. Select one: True False

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ANSWERED

Ivan Kochetkov verified

Numerade educator

As the number of facilities in a supply chain increases, total facility costs a.increase to a point and then decrease b.decrease c.decrease to a point and then increase d.increase

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ANSWERED

Penny Riley verified

Numerade educator

Demand for Container X-100 is 100 per week. There are 52 weeks per year. The lead time to get new containers is 3 weeks. The interest rate (holding cost rate) is 40%. The cost per order is $79 and the cost per container is $24. One decimal point for all calculations. What is the optimal ordering quantity? a.2600 b.292.5 c.413.7 d.327.1 What is the annual ordering cost if the optimal ordering quantity is used? a.1061 b.993.0 c.1404.4 d.1255.9 What is the total annual cost if the optimal ordering quantity is used? a.126204.4 b.127608.9 c.129546.4 d.126421 The supplier offers a $1 per unit discount if the order is for 6 months worth of the demand (2,600 units). What is the annual ordering cost in this case? a.158.0 b.2600 c.355.5 d.79.0 What is the total annual cost with the discount? a.143158.0 b.131718.0 c.137438.0 d.143678

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