MAT 540 WEEK 1 Homework

MAT 540 WEEK 1 Homework 1										
										
	Fix Cost	Variable Cost	sales volume	sale Price	Revenue	Total Cost	Profit		Revenue	
Q1  A	65000	7.5	15000	25					Total Cost	
									Profit	
	Fix Cost	Variable Cost	sales price	Break-even quantities						
Q1 - B	65000	7.5	25			Break-even: Revenue = Total Cost				
										
										
										
	Fix Cost	Variable Cost	sales price	Break-even quantities						
Q2 	25000	0.2	0.45							
										
										
	Fix Cost	Variable Cost	sales price	Break-even quantities	Effects					
Q3 	25000	0.2	0.55		0					
										
										
	Fix Cost & Advertising	Variable Cost	sales price	Break-even quantities	Effects					
Q4	25833.33333	0.2	0.45		0	Q13				
	Monthly fix Cost & adv.									
										
	Fix Cost (vender's fee & equipment)	Variable Cost	sales price	Break-even quantities						
Q5 - A	6500	0.4		9000						
										
										
Q5 - B										
										
										
	Fix Cost 	Variable Cost	sales price	Break-even quantities						
Q6 - A	400000	10000	20000							
										
	Fix Cost	Variable Cost	sales volume	sale Price	Profit					
Q6 - B	400000	10000	80	20000						
										
	Fix Cost	Variable Cost	sales volume	sale Price	Profit		Note			
Q6 - C	400000	10000	50	25000						
										
										
	Please give your answers in YELLOW boxes									
	
									
Q7	Grade	Scale	Probability	Expected Value	Variance					
	A	4	0.1							
	B	3	0.2							
	C	2	0.4							
	D	1	0.2							
	F	0	0.1							
			1		Expected Grade					
										
					Course Variance					
										
										
Q8		Economic Conditions								
	Investment	Good	Poor							
	Probability	0.45	0.55	A:						
	A	$380,000 	($100,000)	B:						
	B	130,000	85,000		Choose investment A or B?					
										
										
Q9	Distribution	Mean	Standard deviation	Lower weight limit	Upper weight Limit	Probability		Upper limit		
	Normal	45	5	38	50			Lower Limit		
								Probability		(in between upper and lower limits)
								Note: probability from the upper limit to -infinity is 0.7734		
Q10	Distribution	Mean	Standard deviation	Occupied	Probability NOT occupied					
	Normal	15	5	18			Occupuied			
							Not occupied			
										
Q11	Distribution	Mean	Standard deviation	Probability	Number of recorders ordered					
	Normal	175	55	0.85