A company is considering two insurance plans with coverage and premiums shown in the table. (For example, this means that $50 buys one unit of plan A, consisting of $10,000 fire and theft insurance Fire/Theft and $180,000 of liability insurance.) Answer parts a and b. Policy A Policy B $10,000 $15,000 Liability $180,000 $120,000 Premium $50 $40 a. The company needs at least $450,000 fire and theft insurance and at least $5,400,000 liability from these plans. How many units should be purchased from each plan to minimize the cost of the premiums? What is the minimum premium? The company should purchase units of Policy A and units of Policy B, for a premium of $
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- A US firm, having prior knowledge that Russia would invade Ukraine, bought 100,000 barrels of oil from Heritage Limited , a Trinidad firm . If in January 2022, the US firm enters into a forward contract to purchase the oil at US$65 per barrel to settle in November 2022, what is the gain/loss on the contract to the US firm? The spot price of oil in November averages US$100 per barrel. a. US$35,000 loss b. US$40,000 gain c. US$40,000 loss d. US$35,000 gainThe following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation.† Price($) Dividend Yield(%) WSR(WSR Whitestone REIT) 16 7 HCC(HCC Insurance Holdings, Inc.) 56 2 SNDK(SanDisk Corporation) 80 2 You invested a total of $10,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase? WSR= HCC= SNDK=An unmarried cohabitant has the following goals: (1) to leave all of his property to his domestic partner at his death, and (2) to avoid probate. He currently does not have a will, but recognizes that he needs an estate plan. Which of the following techniques will satisfy his goals? A)He should obtain a life insurance policy and name his domestic partner as the beneficiary. B)He should title his real property as tenants in common with his domestic partner. C)He should fully fund a revocable living trust that designates his domestic partner as the beneficiary. D)He should make lifetime gifts in the amount of the annual exclusion to avoid gift tax and preserve his estate tax exclusion amount.
- Ashley has earmarked at most $550,000 for investment in three mutual funds: a money market fund, an international equity fund, and a growth-and-income fund. The money market fund has a rate of return of 6%/year, the international equity fund has a rate of return of 10%/year, and the growth-and-income fund has a rate of return of 15%/year. Ashley has stipulated that no more than 25% of her total portfolio should be in the growth-and-income fund and that no more than 50% of her total portfolio should be in the international equity fund. To maximize the return on her investment, how much should Ashley invest in each type of fund? money market fund $ international equity fund $ growth-and-income fund $ What is the maximum return?$Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed within an average time of 14 minutes or less. If more time is required, a premium rate is charged. I need help with 3 and 4.b. Five Sales Executives have been told by their company Heavy Machines Limited (HML) that eachsales executive, will be relocated to work at one of five branches of their company, in theCaribbean. The cost to relocate a sales executive at each of the five branches is shown in Table 8below: SalesExecutiveBranchJamaica Antigua/Barbuda Trinidad&TobagoBarbados St. LuciaZenk Murt $2,550 $2,300 $ 2,700 $2,300 $2,400Rangle Tang $2,400 $2,700 $2,800 $2,600 $2,400Atil Heglam $2,600 $2,400 $2,700 $2,500 $2,400Justop Brelim $2,400 $2,500 $3,000 $2,400 $2,500Mesk Lathim $2,400 $2,300 $2,500 $2,800 $2,700 The costs shown in Table 8, are in Eastern Caribbean (EC) dollars. (i) Determine the optimal relocation of the five Sales Executives. Compute and state the total minimum cost.
- The advertising director for Diversey Paint and Supply, a chain of four retail stores on Chicago’s North Side, is considering two media possibilities. One plan is for a series of half-page ads in the Sunday Chicago Tribune newspaper, and the other is for advertising time on Chicago TV. The stores are expanding their lines of do-it-yourself tools, and the advertising director is interested in an exposure level of at least 40% within the city’s neighborhoods and 60% in northwest suburban areas. The TV viewing time under consideration has an exposure rating per spot of 5% in city homes and 3% in the northwest suburbs. The Sunday newspaper has corresponding exposure rates of 4% and 3% per ad. The cost of a half-page Tribune advertisement is $925; a television spot costs $2,000. Diversey Paint would like to select the least costly advertising strategy that would meet desired exposure levels. Formulate using LP. Solve the problem.A general example of common area maintenance (CAM) charges might be as follows: (1) a retail mall contains 2 million square feet of space, of which 1.2 million is rentable area and 800,000 square feet is common area; (2) total CAM expenses are $3,000,000 for the year; and (3) anchor tenants occupy 700,000 square feet of rentable area and in-line tenants occupy 500,000 square feet. The owner of the mall has negotiated with four anchor tenants that they will pay $2 per rentable foot for CAM charges on a combined total of 700,000 square feet. As per this example, what will be the CAM charges per rentable square foot for in-line tenants?A wireless carrier offers the following plans that a person is considering. The Family Plan: $ 95 monthly fee, unlimited talk and text on up to 5 lines, and data charges of $ 47 for each device for up to 2 GB of data per device. The Mobile Share Plan: $ 180 monthly fee for up to 10 devices, unlimited talk and text for all the lines, and data charges of $ 30 for each device up to a shared total of 10 GB of data. Use P for the number of devices that need data plans as part of their cost. Find the model of the total cost of the Family Plan $ Find the model of the total cost of the Mobile Share
- Given that sales volumes are forecast to stay steady at 2,000,000 units, the best option is _________________. Group of answer choices 1. Manual Production Line 2. Semi-automatic Production Line 3. Fully Automatic Production LineAime N/A Allison Nursing Alvaro Andres Dental Hygiene ANONYMOUS Associate of Arts and Science ANONYMOUS Nursing Major Anonymous nursing Anonymous Nursing ANONYMOUS Nursing Anonymous Business Computer Technology Anonymous AA degree Anonymous Social work Catalina accounting Charlie Associates Accounting & Business Computer Technology Chelsey Nursing Citlalli Nursing Clarence art Fredy Hailey Jo Hannah undecided Iona Canlis undecided Itzel Accounting ATS Itzel (Y.M.B) Marketing + Information Systems Ivan Criminal Justice Jovanna Nursing Kim Nursing-BSN Lacey Chamberlin Nursing-BSN Leeza Thomas Nursing-BSN Manpreet Nursing Maria Business Administration Maria Dentistry Miguel AAS-DTA Peter Engineering technology Sara Computer Science Sarina Accounting/Business I already got the sample n…A bank has two types of branches. A satellite branch employs 3 people, requires P2,500,000 to construct and open, and generates an average daily revenue of P4,000,000. A full-service branch employs 6 people, requires P5,500,000 to construct and open, and generates an average daily revenue of P7,000,000. The bank has up to P80,000,000 available to open new branches, and has decided to limit the new branches to a maximum of 20 and to hire at most 120 employees. How many branches of each type should the bank open in order to maximize the average daily revenue?