1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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Business Research Methods – Course Handout MBA – Semester II – Class of 2014 Faculty: Vishal Mishra Qualifications: PhD (Strategic Management)‚ M.M.S (Systems/Marketing) Contact Details: Room No. – E 213; Ph – 9948494348 (Mob.); Email: vmishra@ibsindia.org Meeting Hours: All (working) week-days - with prior appointment 1. Instruction Details Course Duration: 33 sessions of 75 minutes each‚ 2. Course Details A. Course Objective: To provide basic concepts of research methods
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Q-1 A surgeon wish to predict the live or death (status) of a CABG patient through their pulse rate‚ systolic blood pressure‚ sugar level‚ hemoglobin etc. He got the data from last 1600 surgeries held in a local hospital and applied an analysis. He got the following result Identification: It is binary logistic regression (LOIGT) Coding 0 = Death 1 = Alive The two post-operative status of the patients are death and alive coded by 0 and 1 respectively to use in binary logistic regression. Hosmer and
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PRINCIPLES OF COST CONTROL 1.1 Introduction Cost is important to all industry. Costs can be divided into two general classes; absolute costs and relative costs. Absolute cost measures the loss in value of assets. Relative cost involves a comparison between the chosen course of action and the course of action that was rejected. This cost of the alternative action - the action not taken - is often called the "opportunity cost". The accountant is primarily concerned with the absolute cost. However‚
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Capital Purchase Justification Introduction According to the hospital’s five-year plan‚ an investment in capital equipment should boost the quality of services offered at the hospital. Many options of capital investments that hospital could invest in exist. However‚ this report recommends an investment in the MRI (Magnetic Resonance Imaging) equipment. This equipment involves a large capital investment upfront‚ but it can be profitable in the end. The hospital has considered factors such as the cost
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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Capital Structure In finance‚ the term “capital structure” refers to the way a firm finances its assets. Generally speaking‚ there are two main forms of capital structure: debt financing and equity financing (Cumming 52; Myers‚ 83). Each type has its own advantages and disadvantages‚ and an essential task for the successful manager of a firm is to find an optimal capital structure in terms of risk and reward for stockholders. When making decisions that affect capital structure‚ managers must be
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Protocol (VoIP) Solutions General Introduction Voice over Internet Protocol (VoIP) is one benefit of the convergence between data and telecommunications. Companies today are seeing the value of transporting voice over IP networks to reduce telephone and facsimile costs and to set the stage for advanced multimedia applications and services such as unified messaging‚ in which voice‚ fax‚ and e-mail are all combined. [Include description of selected VoIP product(s) or solution(s) here‚ including
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Homework #7 “Capital Punishment” Due by Friday February 28th 11:55pm Economically speaking in my opinion it does make more sense for someone to spend life in prison as opposed to the death penalty. An article form California’s Mountain News states‚ “According to statistics provided by the office of California ’s nonpartisan Legislative Analyst‚ the current annual cost for maintaining an inmate in a state prison is $47‚102. The Department of Corrections and Rehabilitation‚ however‚ places the
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