Calculate the annual worth of the purchase
Julon Petro Materials, Inc. ordered $8.5 million worth of seamless tubes for its drill collars from Timken Company of Canton, Ohio. At 10% per year interest, calculate the annual worth of the purchase over a 12-year amortization period?
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Suppose you are the manager of a monopoly that sells a product to two groups of consumers in the different parts of the country. Group 1's elasticity of demand is -4, while group 2's is -5. Your marginal cost of forming the product is $60.
Determine the probability that the return will be less than 25% Determine the expected value of the return? (d) Find the 75th percentile of returns.
Explain what are your thoughts about the role of international institutions (WTO, IMF and World Bank) on providing order and reducing uncertainty in the global economy?
How the marketers use personality tests to understand the consumer behavior. The use of information around psychological demographics and traits can be significantly valuable information to the marketer.
A proximity sensor attached to the tip of an endoscope could reduce risks during eye surgery by alerting the surgeon to the location of critical retinal tissue.
Analyze the two main examples of a paradox in health care and pair each with an imperative for change from the Summary of the IOM Report, Best Care at Lower Cost:
Assume that the government auctioned off the "correct" number of permits, but their price was lower than expected. Discuss how would you advise the government to tweak the policy for the following year? Why?
The mean score of competency test is 74, with standard deviation of 4. Employ the Empirical Rule to determine the percentage of scores between 62 and 86. (Assume the data set has a bell-shaped distribution.)
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