Relevant Costs And Basic Estimating

Assignment Week Two: use enigmas Bobbi Triolo Bus 640: managerial Economics Dr. Brownfield 1/15/2012 Applied Problems 2 Problem #2: A regression is a statistical analysis assessing the association mingled with both variables (easycalculation.com). The problem given below is to picture the lacking variable or tot up which allow for show how these two equations be associated. The marginal monetary measure out function for reducing mien taint thru installing superfluous equipment is MC=40P. P = 1 unit of pollution in the mines. The marginal revenue attach for 1 unit of pollution is MR=1,000- 10P. How much pollution simplification should the company take? If MC=MR, you need to solve for P 40P + 10P = 1,000 50P=1,000 P=20 unitsThats how much pollution decline the company should take. Problem #4: 21st Century Electronics is having a problem with theft. Using the remand provided, we can answer the questions regarding how the numerate of security department cautions affects the number of radios existence stolen. a. If separately security guard get $ two coke a week and the damage of a radio is $25, the unassailable should hire 2 security guards. The cerebration is not to reach more in security than what you argon already losing from the theft. b.

If the monetary value of a stolen radio is $25, the most the firm should spend on the first security guard is $500. If with no guards 50 radios be stolen, and with the first guard only 30 are stolen, Applied Problems 3 50-30=20. 20 radios at $25 each is $500. aga inyou dont regard to spend more than what y! ou are losing in the stolen property. c. If each guard is paid $200 and the cost of a stolen radio is $50, the firm should hire 3 guards. In all the above questions, you would want to multiply the number of radios stolen by the cost of the radios. If you already know the weekly cost of the security officer is $200, you just need to make accredited you are not spending more than what you are losing already is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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