MBA 570 Homework Questions Chapter 1 and 2

Chapter 1

(1-20)

Mysti Farris (See problem 1-19) is considering raising the selling price of each cue to $50 instead of $40. If this is done while the costs remain the same, what would the new breakeven point be? What would the total revenue be at this breakeven point? (Given in problem 1-19: fc of 2400 and vc of 25)

(1-21)

Mysi Farris (see problem 1-19) believes that there is a high probability that 120 pool cues can be sold if the selling price is appropriately set. What selling price would cause the breakeven point to be 120? (Given in problem 1-19: fc of 2400 and vc of 25)

(1-23)

A couple of entrepreneurial business students at state university decided to put their education
*…show more content…*

Half of the 1000 employees were involved in some type of exercise. a. What is the probability that an employee will have a cold next year? b. Given that an employee is involved in an exercise program, what is the probability that he or she will get a cold next year? c. What is the probability that an employee who is not involved in an exercise program will get a cold next year? d. Are exercising and getting a cold independent of events? Explain your answer.

(2-31)

What are the expected value and variance of the following probability distribution? Random Variable X | Probability | 1 | .05 | 2 | .05 | 3 | .10 | 4 | .10 | 5 | .15 | 6 | .15 | 7 | .25 | 8 | .15 |

(2-35)

Trowbridge Manufacturing produces cases for personal computers and other electronic equipment. The quality control inspector for this company believes that a particular process is out of control. Normally, only 5% of all cases are deemed defective due to discolorations. If 6 such cases are sampled, what is the probability that there will be 0 defective cases? What is the probability that there will be exactly 1 defective case?

(2-37)

An industrial oven used to cure sand cores for a factory manufacturing engine blocks for small cars is able to maintain fairly constant temperatures. The temperature range of the oven follows a normal distribution with a mean of 450 degrees F and a standard deviation of 25 degrees F. Leslie Larsen, president of the

Related

- Good Essays
## Essay on Case Study - Pharmocology

- 840 Words
- 4 Pages

Case Study: D.Q. is a 57-year-old male who worked in a water treatment plant for many years. He also smoked heavily for approximately 30 years. He has been diagnosed with COPD. During an extremely hot summer, he arrived at the emergency department in severe exacerbation of the COPD. The patient’s heart rate is 123, blood pressure is 163/90, respiratory rate is 34, oxygen saturation is 86% on 2 L NC, and temperature is 37.5 celsius.

- 840 Words
- 4 Pages

Good Essays - Satisfactory Essays
## Swing vs Steady Essay

- 626 Words
- 3 Pages

d) Break even sales change that would change the profits by the same amount as a reduction in price.

- 626 Words
- 3 Pages

Satisfactory Essays - Satisfactory Essays
## 1.3.1.2 - Human Homeostasis Gizmo: Q&A

- 1077 Words
- 5 Pages

A. How did you do this? __ The person continuously exercised for several hours without resting. The person died from moderate dehydration _

- 1077 Words
- 5 Pages

Satisfactory Essays - Decent Essays
## Dragon Soup Harvard Business Case Essay

- 1309 Words
- 6 Pages

b. The regular price of soup, whether or not to run the end of year promotion and target yearend inventory.

- 1309 Words
- 6 Pages

Decent Essays - Decent Essays
## Datril Case

- 950 Words
- 4 Pages

Breakeven Analysis for Product Tylenol Approach 1 - Same price as Tylenol Approach 2a - Cheaper than Tylenol Approach 2b - Cheaper w/lowered trade cost $ $ $ $ Unit Cost (Variable Cost) 0.60 0.60 0.60 0.60 Trade Cost (Selling Price to Retailers) $ 1.69 $ 1.69 $ 1.05 $ 0.70 Fixed Cost (Advertising) 2,000,000 6,000,000 6,000,000 6,000,000 Break-Even Quantity [Fixed Cost/(Trade Cost-Unit Cost)] 1,834,862 5,504,587 13,333,333 60,000,000 Contribution Margin (Unit) 64% 64% 43% 14%

- 950 Words
- 4 Pages

Decent Essays - Good Essays
## Analytical Essay Final Draft

- 1771 Words
- 8 Pages

Drinking age is not a strange phrase in our lives. Every time when we go to club or buy some liquor, we have to show our photo ID to prove that we have already 21 and we are legal to drink wine. I think this is a really good method to control drinking problem. Before I read these two articles which are “The 21-Year-Old Drinking Age: I Voted for it, It Doesn’t Work” by Dr. Morris E. Chafetz and “The Drinking Age of 21 Saves Lives” by Toben F. Nelson and Traci L. Toomey, I only felt that when people grow up they will have self-control to hold their desire for drinking and could decide whether it is appropriate to drink at that moment. I didn’t collect any data or information to support my opinion,

- 1771 Words
- 8 Pages

Good Essays - Decent Essays
## Case Study: Cari's Story

- 651 Words
- 3 Pages

B. What is the cough reflex? Describe the process that Cari’s respiratory system is using to clear her lungs by coughing?

- 651 Words
- 3 Pages

Decent Essays - Good Essays
## An Examination of Shelby Eatenton in 'Steel Magnolias'

- 811 Words
- 3 Pages

Health Perception/Health Management: Generally in good health with the occasional cold and bouts of fatigue. She has to

- 811 Words
- 3 Pages

Good Essays - Satisfactory Essays
## Patho Case Study 1 April Baxter Essay

- 794 Words
- 4 Pages

7. What is the prognosis for the disease or disorder (a) without treatment and (b) with treatment?

- 794 Words
- 4 Pages

Satisfactory Essays - Decent Essays
## OBStudyQuestions Test1

- 1710 Words
- 7 Pages

C. The pregnancy will increase the progression of my disease and will reduce my CD4 counts.

- 1710 Words
- 7 Pages

Decent Essays - Best Essays
## Hodgkin S Lymphoma Informative Speech

- 1969 Words
- 6 Pages

a. These symptoms are also closely related to symtpoms of the common cold, so they are easy to ignore.

- 1969 Words
- 6 Pages

Best Essays - Decent Essays
## Homework Ecn 211

- 1655 Words
- 7 Pages

12. A freeze in Peru causes the price of coffee to skyrocket. Assuming coffee and tea are substitutes, which of the following will happen?

- 1655 Words
- 7 Pages

Decent Essays - Decent Essays
## Random Sampling Essay

- 2639 Words
- 11 Pages

It sounds like using the stratified random sampling would be a good choice for using a particular group of people. In stratified random sampling the individuals conducting the research know some things about the community that is providing date such as age, gender, ethnicity, and medical diagnosis. This is also a good option when there is a time restraint to obtain the information that is being gathered. The survey would also have to be ensured it is written in a way that the average person can clearly understand the question to get a proper answer.

- 2639 Words
- 11 Pages

Decent Essays - Decent Essays
## The Effects of Training in Undulation Training for Development of Hierarchical Fitness and Improved Firefighter Job Performance

- 965 Words
- 4 Pages

The subjects of the experimental study performed were 14 firefighters who were attendees at the Fire Academy. They were all volunteers and met the requirements to be subjects, including having no medical issues that could affect or be affected by the test and being in good physical health with no injuries. Each subject was cleared by physicians to be participants in the experiment and all agreed for information about the study to be released.

- 965 Words
- 4 Pages

Decent Essays - Satisfactory Essays
## Statistical Appraisal

- 260 Words
- 2 Pages

AIM 2: Identify the impact of physical activity on COPD patients. We plan to determine independent associations between physical activity (PR) with normal COPD patient at

- 260 Words
- 2 Pages

Satisfactory Essays