OPIM Assignment 4 1. Cu = 24-11 = $13 Co = 11-7 = $4 Critical ratio = 13/(13+4) = 0.7647 μ = 30‚000 σ = 10‚000 Using normal distribution function (=norminv(0.7647‚30000‚10000))‚ the optimum order quantity is 37‚216 jerseys to maximize profit. 2. Quantity = 32‚000 First‚ we normalize the order quantity to find the z-statistic z=Q-μσ=32‚000-25‚00010‚000=0.7 We then look up the standard normal loss function. The expected lost sale is given by. Lz=0.1429 Therefore‚ the expected lost
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Text Problem Sets A1. (Bond valuation) A $1‚000 face value bond has a remaining maturity of 10 years and a required return of 9%. The bond’s coupon rate is 7.4%. What is the fair value of this bond? Number of years (N) = 10‚ future value (FV) = 1000‚ interest rate (I/YR) = 9 0.074 * 1000 = 74 = PMT or annual payment‚ I then pressed CPT on my financial calculator to compute the price of the bond and then pressed PV or present value. The fair value of the bond is $897.32. Using Cash Flow of
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pineapples. The following table sets out Tom’s total product schedule. Labor (students) Total Products (pineapples/per day) 0 0 1 100 2 220 3 300 4 360 5 400 6 420 7 430 1. Calculate the marginal product of the third student; 2. Calculate the average product of three students; 3. Over what numbers of students does marginal product increase? 4. When marginal product increases‚ compare average product and marginal product. Two: (10 points) Tulip growing is
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Econ 136: Financial Economics Problem Set #1 Due Date: September 11‚ 2014 1. The return profile and risk of the S&P 500. In this exercise you will reproduce the graphs presented in class. The goal of this exercise is (i) to expand your datahandling skills‚ (ii) test your understanding of basic probability concepts using real data and (iii) develop an appreciation for the use of replicating a result to ensure that you understand it. Go to Yahoo Finance (finance.yahoo.com) and search for the ticker
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Problem Set 1 Name:______________________ Problem Set 1 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 2. 1. Based on the information provided for the market for video games‚ answer the following questions. PRICE Q DEMANDED Q SUPPLIED $50 5 9 $45 7 7 $40 9 5 $35 11 3 $30 13 1 a) Draw and properly label the demand and supply graphs (this means you must label the axes and any lines you include on the graph). b) What is the equilibrium price and quantity? b.) PRICE:
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September 15‚ 2013 Introduction to Psychology 101-10 “Choosing Your Children’s Genes” If I had to choose three genetic traits for my children they would be intelligence‚ optimism‚ and generosity. I would like for my children to be good people‚ and to try their best every single day. I want them to be able to look at the world in a positive way‚ and always think of other people’s needs. Being optimistic will help them to find happiness in even the smallest of things‚ which I believe
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rapid‚ repetitive gripping. I believe that hand strength will weaken during a continuous grip more than if you were to keep a repetitive grip. II. Procedure: 1. Connect the Hand Dynamomenter to LabQuest and select a new file 2. Change the time length to 100 seconds‚ and zero the readings on the hand dnyamomenter 3. Have the subject sit up straight‚ feet flat on the ground‚ and elbow at 90 degrees 4. Have the subject grip the sensor with full strength and start recording the data. 5. To retrieve
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Chapter 1 Number and Set FHMM1014 Mathematics I 1 Content 1.1 Real Numbers System. 1.2 Indices and Logarithm 1.3 Complex Numbers 1.4 Set FHMM1014 Mathematics I 2 1.1 Real Numbers FHMM1014 Mathematics I 3 Real Numbers • Let’s review the types of numbers that make up the real number system. FHMM1014 Mathematics I 4 Real Numbers i). Natural numbers (also called positive integers). N = {1‚ 2‚ 3‚…..} ii). Integers. Natural numbers‚ their negatives and zero. Z = {…….‚ -3‚ -2‚ -1‚ 0‚ 1‚ 2‚ 3
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HISTORY OF ALGEBRA M AT H 1 WHAT IS ALGEBRA? • Denotes various kinds of mathematical ideas and techniques • more or less directly associated with formal manipulation of abstract symbols and/or with finding the solutions of an equation. HISTORICAL OBJECTIVES 1. attempts to deal with problems devoted to finding the values of one or more unknown quantities. 2. the evolution of the notion of number 3. the gradual refinement of a symbolic language THE SEARCH OF “EQUATION” • Egyptian Mathematics
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Population Problem in Bangladesh Bangladesh is a country of south-east Asia. It is well known as a developing country. There are many problems in this country‚ which are said to be major obstacles in the development of this country. Excessive Population is said to be the worst among all current problems. If we compare to the global population we will see why population causes such damage to the development of Bangladesh. The area of Bangladesh is near to 55 thousand square miles or 1‚47‚570 square
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