The manager of a fast-food restaurant featuring hamburgers is adding salads to the menu. If they choose to include a salad bar (i.e., the MAKE option), it will cost $14,000 in annual fixed costs for the leased equipment and added employee, and $1 per salad variable cost. If they choose to have pre-made salads (i.e., the BUY option), it will cost $3 per salad. + 7a) What is the make or buy quantity (i.e., the breakeven point between making vs. buying)? 7b) What decision should the manager make regarding the salad bar if the manager expects to sell 7,500 salads per year?
Q: Suppose
A:
Q: can you solve this question for me by showing it step by step for calculations? thanks in advance…
A: Given Information: Sample size n=75 Out of which x=43 people were in favor of Electric Vehicles.
Q: 4. What would the sampling distribution of this estimator be? Why?
A: Sampling Distribution: Suppose Y - y1, y2, y3,.... yn is the random sample of size n from an…
Q: Let X, Y be positive random variables (not necessarily independent). Assuming X, Y have all finite…
A: Since you have posted a question with multiple sub parts, according to our guidelines we can solve…
Q: The closing prices for 5 days in early 2020 for a share of Disney Stock are reflected in the table…
A: Exponential smoothing: The newest to oldest observations are given exponentially decreasing weights…
Q: Consider the following job information. Each job must proceed sequentially through the different…
A: Here estimated days for various tasks are given. We have to compute average lateness under different…
Q: X Use the data points, Line A, and Line B to do the following. a. Graph the linear equations and…
A: Given data X: 1,2,2,4,7 Y:6,1,0,-1,0 Equation for A : y=6-X Equation for B: y=3-0.7X
Q: Calculate the sample standard deviation of the numbers: 25, 29, 24, 26, 30, 35, 37, 40. Show your…
A: Given data 25,29,24,26,30,35,37,40
Q: What is the test statistic?(3 decimal places) What is the critical value(s)?(3 decimal places)…
A: The given correlation coefficient is 0.868.
Q: If np≥5 and nq≥5, estimate P(fewer than 4) with n=13 and p=0.5 by using the normal distribution as…
A: It is given that n=13,p=0.5.
Q: An electronics retailer would like to investigate the relationship between the selling price of a…
A: The sample correlation coefficient is -0.852.
Q: What is the relationship between the number of minutes per day a woman spends talking on the phone…
A: since you have posted a question with multiple sub parts,we will solve first three subparts for…
Q: find p value?
A: Given that, b1 = -0.92 and Se = 1.9350 n = 6
Q: 3. The decision-making process A graduate student believes that people consider faces with more…
A: Claim: A graduate student believes that people consider faces with more contrast between eye color…
Q: A banking system with target reserve ratio is 0.2 starts with no excess reserves. A customer takes…
A:
Q: e using scatterplot. How to distinguish betwee
A: Let us consider a multivariate dataset to visualize to distinguish between the attributes: This open…
Q: The coefficient of determination of a set of data points is 0.784 and the slope of the regression…
A: The following information has been provided: The coefficient of determination is R2=0.784. The slope…
Q: 3-1 and x3 = 2-08. Estimate the precision of z in terms of the precision of x, when the measurements…
A:
Q: 4. The following table shows how many minutes Joshua spent in online tutoring this semester for Math…
A: Given data set 48,88,57,109,25,111,93,71,63,95
Q: a) Sampling 4 pieces of a gearbox assembly every hour for the past 24 hours has produced the…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: octors are testing a new antidepressant. A group of patients, all with similar characteristics, take…
A: From the information. The contingency table is,
Q: Consider the multiple regression model shown next between the dependent variable Y and four…
A: We have given that k = 4 (independent variables x1, x2, x3, and x4) n = 43 (Number of observation)…
Q: wer it if you don't know the solution. Some tutors answer me in 2 lines. I need proper step by step…
A: Arithmetic Progression If the terms are having equal distance(d) a, a+d, a+2d,... a+(n-1)d Then the…
Q: d. Determine the percentage of variation in the observed values of the response variable that is…
A: From the obtained results, the value of SST is 26 and the value of SSR is 2.
Q: Prob-7 Hospital workers who are routinely involved administrative radioactive tracer to patients are…
A: Solution: Given information: n= 28 Sample size x=5.145 Sample mean s= 0.7524 Sample standard…
Q: The following estimated regression model was developed relating yearly income (y in $1000s) of 30…
A: Hint: First we find the SSR and then taking the value of f-statistic, to decide the significance of…
Q: P 12 1 4 8 31 с 6 B 14
A:
Q: You are presented with the following data: Time spent doing homework/day (X) 0 0 0 20 30 45 80 127…
A: The following information has been provided: X Y 0 90 0 40 0 120 20 45 30 60 45 27…
Q: 9.19 Medical School Undergraduate GPAS (Example 60) The undergraduate grade point average (GPA) for…
A:
Q: The following table shows the hot dogs bought from a street vendor over the course of eight days…
A: given
Q: 9.1
A: Sample is the subset of population. Population is the whole observation where the sample taken from.…
Q: or the first blank my options are a. 3.95 b. 9.1 c. 4
A: years precipitation 1994 9.4 1995 17 1996 7.3 1997 7 1998 16.1 1999 5.4 2000 6.9…
Q: if 2 = ax + by and r is the correlation cofficient between the two that is x and y. you have to show…
A:
Q: 7. Find the Q.D. and coefficient of Q.D. from the following data. Size Frequency 3.5 4.5 5.5 6.5 5 7…
A: Given that X Frequency 3.5 5 4.5 7 5.5 22 6.5 60 7.5 85 8.5 32 9.5 8
Q: In a regression model involving 30 observations, the following estimated regression equation was…
A:
Q: A data set about speed dating includes "like" ratings of male dates made by the female dates. The…
A: Population mean μ = 6 Sample size n = 197 Sample mean X = 5.81 Sample standard deviation s = 2.13…
Q: Zazil’s Instagram reels over the year have averaged around 70 likes per art reel with a standard…
A: According to the above situation, Zazil wants to test if adding trendy music over a reel increases…
Q: (c) X = {Bora Bora, Santorini, Bali, Majorca, Capri} is the set of all five items. (i) How many…
A: One can select m items from n items in nCm ways when order of the items is not considered. Here we…
Q: An instructor is wondering if students who spend more time taking their final exam do better than…
A: An instructor is wondering if students who spend more time taking their final exam do better than…
Q: Question: Suppose that aproduct is produced in the three facborks X, Y SZ, it is Krucion that…
A: Given information: Let the probability that product is produced in company Y = k…
Q: The following table shows the hot dogs bought from a street vendor over the course of eight days…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
Q: STUDYING 6 Statistical exercise: Corals and Temperature Science often involves gathering data. The…
A: Given Information: Consider the given data: Treatment Initial Final 26 552 563 26 341 352…
Q: Given in the table are the BMI statistics for random samples of men and women. Assume that the two…
A: The given significance level for both parts is 0.05.
Q: For problems 6 through 10, use the following data. Given below is data on homeruns and salary for…
A: As per the Bartleby guildlines we have to solve first question and rest can be reposted.... Given…
Q: The table below shows the total annual precipitation for San Diego, California. 1994 1995 1996 1997…
A: Given: sample size(n)=10 Data: Year Precip(in) x 1994 9.4 1995 17 1996 7.3 1997 7 1998…
Q: 9.47 TERKE Chapter 9: Section Exercises Colts' footballs. How does this confidence interval support…
A: Given : Claim : the price of a movie ticket in the San Francisco Bay Area is different from the…
Q: In a study of 790 randomly selected medical malpractice? lawsuits, it was found that 480 of them…
A:
Q: For the data and sample regression equation shown below, do the following. a. Decide, at the 5%…
A: Given information: x 0 9 9 6 5 y 2 6 7 -3 1 y^=-0.427+0.522·x, ∑x=29, ∑x2=223, β1=0.522,…
Q: For each problem, select the best response. (a) Suppose you collect a SRS of size n from a…
A:
Q: If I have to carry out a rigorous inspection and I have a population of 300.00, how much sample…
A: Note: As per guidelines we will solve the first question only, please repost other questions for…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- C. A patient is a member of a health plan that has a 20 percent discount from the provider and a 15 percent copay. If the day’s charges are $210, what are the amounts that the HMO and the patient each pay?Suppose you are the human resource manager for a cellular phone company with 900 employees. Top management has asked you to implement three additional fringe benefits that were negotiated with employee representatives and agreed upon by a majority of the employees. These include group term life insurance, a group legal services plan, and a wellness center. The life insurance is estimated to cost $520 per employee per quarter. The legal plan will cost $312 semiannually per employee. The company will contribute 40% to the life insurance premium and 75% to the cost of the legal services plan. The employees will pay the balance through payroll deductions from their biweekly paychecks. In addition, they will be charged 1 4 % of their gross earnings per paycheck for maintaining the wellness center. The company will pay the initial cost of $600,000 to build the center. This expense will be spread over 5 years. (a) What total amount should be deducted per paycheck for these new…A Project manager of a project with a time line of 29 months is trying to decide the feasible alternative of buying a machine that cost $110,000 besides $900/ month to maintain or leasing that machine with $3500 / month and $20000 down payment. Which alternative should he use? How many months that machine should operate to be a feasible buying choice? choice? a. Lease, 20 months b. Lease, 24 months c. Lease, 34 months d. Buy, 20 months e. Buy, 24 months f. Buy, 34 months g. Buy it Show your calculations behind the Lease or Buy decision
- 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.Ali was asked by his principal, B, to purchase 1000kg of sugar at the price RM1.50 per kg. He purchased 2000kg of sugar at the offered price of RM1.10kg since he believes that this will benefit his principal? Is Ali still B's agent? a)Yes, if his action benefit his principal b)Yes, if the principal ratify his action c)Yes, if he paid for the extra cost incurred d)Yes, if the supplier allows payment by installmentscalculate the producers surplus p=7+2q^1/3 p=20
- 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?Q4: Mr. Iqbal Al Hinai works in Alibaba Digital Store, Muscat. He is paid 4.5 OMR per hour. Ms. Rawan works in Omantel Retail Store and she is paid 5 OMR per hour and both of them are eligible for overtime (time-and-a-half pay). Both are supposed to work minimum 7 hours per day and 35 hours per week. If they work less than 7 hrs per day or 35 hrs per week, they will be paid 4 OMR per hour for that week. Last month Mr. Iqbal worked for 37 hrs, 38 hrs 41 hrs and 32 hrs per week while Ms. Rawan worked for 34 hrs, 32 hrs, 31 hrs and 35 hrs per week. a) How much gross pay Mr. Iqbal and Ms. Rawan would receive for the last month? b) If Ms. Rawan had been paid monthly salary, she would have earned more. Give reasons to your answer.blady has to decide whether to resign or not from his present position and apply for job offering him twice his present monthly salary, that is if he passes the qualifying test. At present he receives $3,000 monthly compensation. The offer in another company has a condition that he will not be allowed to take qualifying test, unless he resigns from his present post. If he passes the qualifying test he will immediately be taken in and have a monthly salary pay of $6,000. If he fails, he will remain jobless. He feels that his chance of passing the test is 35%. Suppose he decides to base his decision on his expected value, should he resign from his post or not?
- Adirondack Savings Bank (ASB) has $1 million in new funds that must be allocated to home loans, personal loans, and automobile loans. The annual rates of return for the three types of loans are 7% for home loans, 12% for personal loans, and 9% for automobile loans. The bank’s planning committee has decided that at least 40% of the new funds must be allocated to home loans. In addition, the planning committee has specified that the amount allocated to personal loans cannot exceed 60% of the amount allocated to automobile loans. Assume that ASB has the original $1 million in new funds available and that the planning committee has agreed to relax the requirement that at least 40% of the new funds must be allocated to home loans by 1%. How much would the annual return change? How much would the annual percentage return change? Discuss. *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 ShareA painter, a plumber, and an electrician enter into a cooperative arrangement in which each of them agrees to work for himself/herself and the other two for a total of 10 hours per week according to the schedule shown in Table 2.8. For tax purposes, each person must establish a value for his/her services. They agree to do this so that they each come out even-that is, so that the total amount paid out by each person equals the amount he/she receives. What hourly rate should each person charge if the rates are all whole numbers between $30 and $60 per hour?