Relevant Costs And Basic Estimating

Assignment Week Two: utilise lines Bobbi Triolo Bus 640: managerial Economics Dr. Brownfield 1/15/2012 Applied Problems 2 Problem #2: A regression is a statistical compendium assessing the association mingled with both variables (easycalculation.com). The problem given below is to perplex the lacking variable or tot up which leave show how these two equations argon associated. The marginal monetary cherish function for reducing mien contamination thru installing supererogatory equipment is MC=40P. P = 1 unit of pollution in the mines. The marginal revenue attach for 1 unit of pollution is MR=1,000- 10P. How much pollution simplification should the company take? If MC=MR, you need to solve for P 40P + 10P = 1,000 50P=1,000 P=20 unitsThats how much pollution decline the company should take. Problem #4: 21st Century Electronics is having a problem with theft. Using the skirt provided, we can answer the questions regarding how the nume rate of security measure cautions affects the number of radios being stolen. a. If separately security guard get $ two snow a week and the bell of a radio is $25, the sozzled should hire 2 security guards. The cerebration is not to slide by more in security than what you be already losing from the theft. b.

If the embody of a stolen radio is $25, the most the firm should spend on the first security guard is $500. If with no guards 50 radios ar stolen, and with the first guard only 30 are stolen, Applied Problems 3 50-30=20. 20 radios at $25 each is $500. once againyou dont insufficiency to spend more than what ! you are losing in the stolen property. c. If each guard is paid $200 and the cost of a stolen radio is $50, the firm should hire 3 guards. In all the above questions, you would want to multiply the number of radios stolen by the cost of the radios. If you already know the weekly cost of the security officer is $200, you just need to make accredited you are not spending more than what you are losing already is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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