Recently Submitted Homework Problems for Following Grade: Graduate school

156. I need help with my homework assignment.

Twentyfirst Century Electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm want to hire the optimal number of secutity guards. The following table shows the number of security guards affects the number of radios stolen per week.

Number of guards Number of radios stolen per week
0 50
1 30
2 20
3 14
4 8
5 6

a. If each security guard is paid $200 a week and the cost of a stolen radio is $25, how many security guards should the firm hire?

B.) If the cost of a stolen radio is $25, what is the most the firm would be willing to pay to hire the first security guard?

C.) If each security guard is paid $200 a week and the cost of a stolen radio is $50, how many security guards should the firm hire?
(Answered)


1935. You have been provided the z-scores of three individuals. Person A received a z-score of 1.0, Person B received a z-score of 0, and Person C received a z-score of -1.0. Using Figure 3.8 in the Gregory text (p. 80), indicate each individual's score as a T score, CEEB score, IQ score, and approximate percentile score. Once you have indicated these transformed scores, in 1-2 pages, describe why it is possible to easily convert standard scores from one scale to another. Include in your answer the mean and standard deviation of each of the transformed scores and the theoretical rationale for their equivalency. (Answered)


1935. You have been provided the z-scores of three individuals. Person A received a z-score of 1.0, Person B received a z-score of 0, and Person C received a z-score of -1.0. Using Figure 3.8 in the Gregory text (p. 80), indicate each individual's score as a T score, CEEB score, IQ score, and approximate percentile score. Once you have indicated these transformed scores, in 1-2 pages, describe why it is possible to easily convert standard scores from one scale to another. Include in your answer the mean and standard deviation of each of the transformed scores and the theoretical rationale for their equivalency. (Answered)


3406. 1) Dina is producing umbrellas. The average variable cost for umbrella is constant at $5.00 per unit. The firm is selling 1000 units a week. Fixed cost of producing umbrellas is $5000. The market price for the product is $12.00 per unit.
a. Calculate total profit.
b. Calculate the break-even level of output.
c. If the firm sets a target of $3400 as their weekly profit, how many units of output should it sell?

a. ($12,000-$5,000)/$12,000 = 0.5833 or 58.33%
b. $5000 + 5Q = 12Q
i. $5000 = 12Q – 5Q
ii. $5000 = 7Q
iii. $5000/7
iv. = 714.30 units
c. $3400/12Q
(Answered)


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