Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price of the replacement parts and the quantity purchased is given here. Price Quantity Part RC-33 2015 $ 0.41 2022 2015 2022 $ 0.59 320 340 SM-14 WC50 1.18 0.86 0.95 110 130 0.96 230 250 Click here for the Excel Data File Compute a simple aggregate price index for 2022. Use 2015 as the base period. Note: Round your answer to 2 decimal places. Simple aggregate price index 105.58
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- Ross White recently opened a landscaping division , that advises home owners and businesses on landscaping and lawn maintenance. The operations manager, Ms. Priya Johnson, is trying to determine the amount of fertilizer that should be applied to a particular lawn in a residential area in San Juan. Ms. Johnson’s analysis has determined that the lawn needs at least 60kg of Nitrogen, 24kg of Phosphorous compounds and 40kg of Potassium compounds for the current season. After checking nearby home and garden centres, Ms. Johnson has found that one of the suppliers is currently having a sale on packaged fertilizer. One type on sale called Xynis, is a 20-5-20 mixture, containing 20% Nitrogen, 5% phosphorous compounds and 20% potassium compounds. It sells at $4 for a 20kg bag. The other type called Yield-all is a 10-10-5 mixture (10% Nitrogen, 10% phosphorous compounds and 5% potassium compounds) selling for $5 for a 40kg bag. Ms. Johnson would like to know how many bags of each type she…The local government is concerned with the population of a new predatory fish, the tiger gar, which was first observed in Lake Richmond about 5 years ago. The following table shows the approximate number of tiger gars living in the lake since 2016: 2016 2017 2018 2019 2020 2021 340 410 487 585 710 846 If the population continues unchecked, how many tiger gar would be living in the lake in 2023? (Round to the nearest hundredth) ThanksThe Ashland MultiComm Services (AMS) marketing department wants to increase subscriptions for its 3-For-All telephone, cable, and Internet combined service. To ensure that as many trial subscriptions to the 3-For-All service as possible are converted to regular subscriptions, the marketing department works closely with the customer support department to accomplish a smooth initial process for the trial subscription customers. To assist in this effort, the marketing department needs to accurately forecast the monthly total of new regular subscriptions. A team consisting of managers from the marketing and customer support departments was convened to develop a better method of forecasting new subscriptions. Previously, after examining new subscription data for the prior three months, a group of three managers would develop a subjective forecast of the number of new subscriptions. Livia Salvador, who was recently hired by the company to provide expertise in quantitative forecasting…
- Arianna Estefan manages Salmon Falls Park, which has two flagship roller coasters, the Flyer and the Destroyer. When Arianna walks around the park during hours of operation, she notices that there are fewer people waiting in line for the Flyer than for the Destroyer. Since both roller coasters have similar capacities and similar run times, both roller coasters should have about the same number of riders. Based on the anecdotal evidence, Arianna claims that the population mean number of riders per hour on the Flyer is less than the population mean number of riders per hour on the Destroyer. Arianna reviews data collected in the past and assumes that the population standard deviation is 48.29 for the Flyer and 51.86 for the Destroyer. Arianna randomly selects hours during which the attendant of each ride counts the number of riders. The sampling occurs over the course of several weeks. The results are provided in the table shown below. Assuming the conditions needed for the hypothesis…Arianna Estefan manages Salmon Falls Park, which has two flagship roller coasters, the Flyer and the Destroyer. When Arianna walks around the park during hours of operation, she notices that there are fewer people waiting in line for the Flyer than for the Destroyer. Since both roller coasters have similar capacities and similar run times, both roller coasters should have about the same number of riders. Based on the anecdotal evidence, Arianna claims that the population mean number of riders per hour on the Flyer is less than the population mean number of riders per hour on the Destroyer. Arianna reviews data collected in the past and assumes that the population standard deviation is 48.29 for the Flyer and 51.86 for the Destroyer. Arianna randomly selects hours during which the attendant of each ride counts the number of riders. The sampling occurs over the course of several weeks. The results are provided in the table shown below. Assuming the conditions needed for the hypothesis…In a move to provide additional sales for U.S. car manufacturers, the White House announced the purchase of 17,600 new fuel-efficient vehicles for the federal fleet. Suppose the new fleet, which includes 2,500 hybrid sedans, will cost $295 million. As an accountant in the White House Budget Office (WHBO), you have been asked to calculate the following: (a) If each hybrid vehicle will have an average cost of $21,000, what will be the average cost per non-hybrid vehicle? Round to the nearest whole dollar.