is shown in Figure 2.23 a. Shade the feasible region for this problem. b. Determine the coordinates of each extreme point and the corresponding profit. Which extreme point generates the highest profit? c. Draw the profit line corresponding to a profit of $4000. Move the profit line as far from the origin as you can in order to determine which extreme point will provide the optimal solution. Compare your answer with the approach you used in part (b). d. Which constraints are
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Phase 2 Assignment Brief Individual Task - Costing Assignment - Fairview Manor An activity on apportionment of costs and breakeven analysis. Learning Objectives At the end of this activity you should be able to:- Apportion fixed costs to several products Use breakeven analysis to help to determine the effects of different prices Outline For this activity you will be working in your groups during the Pod session in week 3. There is an individual task which
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Persuasive Techniques We use persuasive language to convince others to agree with our facts‚ share our values‚ accept our argument and conclusions‚ and adopt our way of thinking. There are many different ways to persuade people. Here are some of the more common: Appeals: One persuasive technique is appealing to the audience‚s: o Emotions o o o o o o o o o r o Fears Desire to seem intelligent Need to protect their family Desire to fit in‚ to be accepted‚ to be loved Desire
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MARGINAL COSTING Introduction Even a school-going student knows that profit is a balancing figure of sales over costs‚ i.e. Sales - Cost = Profit. This knowledge is not sufficient for management for discharging the functions of planning and control‚ etc. The cost is further divided according to its behavior‚ i.e.‚ fixed cost and variable cost. The age-old equation can be written as: Sales - Cost = Profit or Sales - (Fixed cost + Variable Cost) = Profit. The relevance of segregating costs
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Running head: ALTERNATIVE GRADING METHODS Alternative grading methods SPE 506 University of Phoenix Online Alternative Grading Methods Grades have long been used in most schools to indicate the degree to which students grasp subject matter and to document overall classroom performance. By most accounts‚ students with diverse learning needs and/or disabilities are at a significant disadvantage in school. Despite the fact that some students have
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HADDOCK PLC Internal Memorandum To: Mr Jone‚ Chairman From: Date: Subject: Evaluation of the different proposals to improve profits Following the recent board meeting‚ we have evaluated the different proposals and come up with one project that we recommend. In doing this‚ we have calculated the change in profits compared with the draft budget and compiled the Break-even charts to justify our recommendation. Marginal Costing Profit Statement of the draft budget £(000) £
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disagreements. One particular level of education that has been researched is whether or not behavioral methods are effective enough to be used in the classroom to improve academic performance. As can be seen in the data included here‚ there are many forms of positive reinforcement contingencies that can be presented in the classroom. These may include social rewards‚ like acceptance and encouragement from peers‚ tangible rewards‚ like the token economy‚ or internally motivating rewards‚ like having a
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ECE 4110: Random Signals in Communications and Signal Processing ECE department‚ Cornell University‚ Fall 2013 Homework 2 Due September 20 at 5:00 p.m. 1. (Chebyshev Inequality) Let X1 ‚ . . .‚ X be independent Geometric random variables with parameters p1 ‚ . . . ‚ p respectively (i.e.‚ P (Xi = k) = pi (1 − pi )k−1 ‚ k = 1‚ 2‚ . . .). Let random variable X to be X= i=1 Xi . (a) Find µX = E[X]. (b) Apply the Chebyshev inequality to upper bound P (|X − µX | > a). Evaluate your upper bound
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English in the Indian Subcontinent Just as in the Caribbean‚ the English Language arrived in South Asia as a result of colonisation. Unlike its history in the Caribbean‚ however‚ English has always co-existed in the Indian subcontinent alongside thousands of local languages. So for most of the population‚ it has only ever been a second language. The origins of English in India The British first arrived in India in the early 1600s and soon established trading posts in a number of cities under
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Different Methods for Cost Estimation Expert Judgment Method Expert judgment techniques involve consulting with software cost estimation expert or a group of the experts to use their experience and understanding of the proposed project to arrive at an estimate of its cost. Generally speaking‚ a group consensus technique‚ Delphi technique‚ is the best way to be used. The strengths and weaknesses are complementary to the strengths and weaknesses of algorithmic method. To provide a sufficiently
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