Homework Answers
The utility maximization condition is:
MUT / PT = MUC / PC
From the table it is seen that MUT / PT = MUC / PC = 3 when 4 units of Tacos and 3 units of Coke is purchased.
The total expenditute = ($4 * 4) + ($2 * 3) = $22
Thus, Carol maximizes utility by consuming 4 tacos and 3 cokes.
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Carol maximizes utility by consuming 4 tacos and 4 cokes. (Enter your responsds as whole numbers.)...
Carol consumes tacos and coke. The marginal utility each yields is illustrated in the table below....
Carol consumes tacos and coke. The marginal utility each yields is illustrated in the table below. If the price of tacos is $5.00 per taco and the price of coke is $2.00 per coke and if Carol has $26.00 to spend, what is her utility-maximizing quantity of tacos and coke? MU MU To answer this question, first fil in the marginal utility per dollar spent on tacos, P and coke, P, in the table below. (Enter your responses as whole...
Homework: MEL 7 Score: 0 of 2 pts 3 of 30 (2 complete) HW Score: 13.73%,...
Homework: MEL 7 Score: 0 of 2 pts 3 of 30 (2 complete) HW Score: 13.73%, 7 of 51 Concept: Equal MU per Dollar 2 Question Help The following table shows Madison's utility from consuming popoom and Coke. Suppose that Madison has income of $42.00, the price of popcom is $6.00, and the price of Coke is $4.50. If Madison wants to maximize her utility, how much popcom and Coke should she buy? Quantity Popcorn Marginal Utility 192 Coke Marginal...
Units of X MUX Units of Y Instructions: Enter your answers as whole numbers a. If your income is $9.00 and the pric...
Units of X MUX Units of Y Instructions: Enter your answers as whole numbers a. If your income is $9.00 and the prices of X and Y are $2.00 and $1.00, respectively, what quantities of each will you purchase to maximize utility? X- units. Y units. b. What total utility will you realize? c. Assume that other things remaining unchanged, the price of X falls to $1.00. What quantities of X and Y Will you now purchase? X- units. Y...
MANG471-002-24185 Operations Management Homework: Chapter 7 Score: 0.89 of 1 pt 2 of 5 (5 complete)...
MANG471-002-24185 Operations Management Homework: Chapter 7 Score: 0.89 of 1 pt 2 of 5 (5 complete) % Problem 1 SA b. Calculate the critical path for this project. The critical path is A-C-F-H-J and the project duration is 26 days. (Enter your response as a whole number.) c. How much slack is in each of the activities G, H, and I? Activity Activity Time (days) On critical path? Slack (days) Enter your answer in the edit fields and then click...
The total amount spent by some number of people on clothing and footwear in the years...
The total amount spent by some number of people on clothing and footwear in the years 2000 2009 can be modeled by the quadratic functionx) -40372+7214x+ 97.02, where x -0 represents 2000, x -1 repeserts 2001 and so on, and fey) is in billions of dollars. According to the model, in what year during this period was the amount spent on clothing and n the yearsbilion was spent on clothing and foowear Round the fnal answer to the nearest whole...
Sign Save Homework: Chapter 14 Material Requirements Planning erations Score: 0 of 1 pt 15 of...
Sign Save Homework: Chapter 14 Material Requirements Planning erations Score: 0 of 1 pt 15 of 20 (10 complete) HW Score: 42.75%, 8.55 of 20 pts Problem 14.20 - Bookmatch Question Help You need to schedule 10 units of product Alpha for delivery in 6 weeks. Three units of D and 2 units of F are required for each Alpha. The lead time for Alpha is 1 week. Lead time for D is 1 week, and lead time for F...
Homework: Chapter 14 Material Requirements Planning Save Score: 0 of 1 pt 2 of 20 (1...
Homework: Chapter 14 Material Requirements Planning Save Score: 0 of 1 pt 2 of 20 (1 complete) HW Score: 5%, 1 of 20 pts Problem 14.1 - Bookmatch Question Help You have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast 200 attendees. Assume that there is no inventory on hand of any of the items. Explode the bill of material. (Subscripts indicate the...
Score: 0 of 1 pt Instructor-created question 4 of 27 (3 complete) Using the data on...
Score: 0 of 1 pt Instructor-created question 4 of 27 (3 complete) Using the data on the night, find the average sales of the toy store chains (in $1000)? Chain of Stores a. The overall average sales per store is Avg- Sales/Store (5000) 7.231 3.585 (rounded to the nearest whole number.) Toys R Us Child World Kaybee Lionel 149 74 361 505 3,238 b. The median of sales is: $ c. The overall average sales per chain is (rounded to...
What will the total cost be? (nearest whole number) Develop a lot-for-lot solution and calculate total...
What will the total cost be? (nearest whole number)
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table". Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 20 40 40 60 30 10 80 50 "Holding cost = $3.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). Period 1 2 3...
Score: 0 of 1 pt 4 of 16 (7 complete) HW Score: 40.63%, 6.5 of 16...
Score: 0 of 1 pt 4 of 16 (7 complete) HW Score: 40.63%, 6.5 of 16 F 1.2.21 Question Help A coffee shop owner blends a gourmet brand of coffee with a cheaper brand. The gourmet coffee usually sells for $9.00 per pound. The cheaper brand sells for $7.00 per pound. How much of each type should be mixed in order to have 50 pounds of coffee that is worth $8.50 per pound? pounds of the gourmet coffee should be...
Carol consumes tacos and coke. The marginal utility each yields is illustrated in the table below. If the price of tacos is $5.00 per taco and the price of coke is $2.00 per coke and if Carol has $26.00 to spend, what is her utility-maximizing quantity of tacos and coke? MU MU To answer this question, first fil in the marginal utility per dollar spent on tacos, P and coke, P, in the table below. (Enter your responses as whole...
Homework: MEL 7 Score: 0 of 2 pts 3 of 30 (2 complete) HW Score: 13.73%, 7 of 51 Concept: Equal MU per Dollar 2 Question Help The following table shows Madison's utility from consuming popoom and Coke. Suppose that Madison has income of $42.00, the price of popcom is $6.00, and the price of Coke is $4.50. If Madison wants to maximize her utility, how much popcom and Coke should she buy? Quantity Popcorn Marginal Utility 192 Coke Marginal...
Units of X MUX Units of Y Instructions: Enter your answers as whole numbers a. If your income is $9.00 and the prices of X and Y are $2.00 and $1.00, respectively, what quantities of each will you purchase to maximize utility? X- units. Y units. b. What total utility will you realize? c. Assume that other things remaining unchanged, the price of X falls to $1.00. What quantities of X and Y Will you now purchase? X- units. Y...
MANG471-002-24185 Operations Management Homework: Chapter 7 Score: 0.89 of 1 pt 2 of 5 (5 complete) % Problem 1 SA b. Calculate the critical path for this project. The critical path is A-C-F-H-J and the project duration is 26 days. (Enter your response as a whole number.) c. How much slack is in each of the activities G, H, and I? Activity Activity Time (days) On critical path? Slack (days) Enter your answer in the edit fields and then click...
The total amount spent by some number of people on clothing and footwear in the years 2000 2009 can be modeled by the quadratic functionx) -40372+7214x+ 97.02, where x -0 represents 2000, x -1 repeserts 2001 and so on, and fey) is in billions of dollars. According to the model, in what year during this period was the amount spent on clothing and n the yearsbilion was spent on clothing and foowear Round the fnal answer to the nearest whole...
Sign Save Homework: Chapter 14 Material Requirements Planning erations Score: 0 of 1 pt 15 of 20 (10 complete) HW Score: 42.75%, 8.55 of 20 pts Problem 14.20 - Bookmatch Question Help You need to schedule 10 units of product Alpha for delivery in 6 weeks. Three units of D and 2 units of F are required for each Alpha. The lead time for Alpha is 1 week. Lead time for D is 1 week, and lead time for F...
Homework: Chapter 14 Material Requirements Planning Save Score: 0 of 1 pt 2 of 20 (1 complete) HW Score: 5%, 1 of 20 pts Problem 14.1 - Bookmatch Question Help You have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast 200 attendees. Assume that there is no inventory on hand of any of the items. Explode the bill of material. (Subscripts indicate the...
Score: 0 of 1 pt Instructor-created question 4 of 27 (3 complete) Using the data on the night, find the average sales of the toy store chains (in $1000)? Chain of Stores a. The overall average sales per store is Avg- Sales/Store (5000) 7.231 3.585 (rounded to the nearest whole number.) Toys R Us Child World Kaybee Lionel 149 74 361 505 3,238 b. The median of sales is: $ c. The overall average sales per chain is (rounded to...
What will the total cost be? (nearest whole number)
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table". Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 20 40 40 60 30 10 80 50 "Holding cost = $3.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). Period 1 2 3...
Score: 0 of 1 pt 4 of 16 (7 complete) HW Score: 40.63%, 6.5 of 16 F 1.2.21 Question Help A coffee shop owner blends a gourmet brand of coffee with a cheaper brand. The gourmet coffee usually sells for $9.00 per pound. The cheaper brand sells for $7.00 per pound. How much of each type should be mixed in order to have 50 pounds of coffee that is worth $8.50 per pound? pounds of the gourmet coffee should be...
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