skip to Main Content

53. Tire company. A tire manufacturer believes that the tread life of its snow tires can be…

53. Tire company. A tire manufacturer believes that the tread life of its snow tires can be described by a Normal model with a mean of 32,000 miles and a standard devia- tion of 2500 miles. a) If you buy a set of these tires, would it be reasonable for you to hope that theyll last 40,000 miles? Explain. b) Approximately what fraction of these tires can be ex- pected to last less than 30,000 miles? c) Approximately what fraction…

should marketing researchers always engage the client when designing the study ?

should marketing researchers always engage the client when designing the study ? Engagement with the client is needed for a marketing researcher because it facilitates to know about the target area, in which concern the entire research process has been conducted. It also facilitates the researcher to implement each research activity under the selected area that protects the researcher from the misuse of human efforts, time and cost. It also allows the researcher to select the research method, research strategy,…

8. Shaun bought 300 shares of Dental Equipment Inc. several years ago for $10 000. Currently the…

8. Shaun bought 300 shares of Dental Equipment Inc. several years ago for $10,000. Currently the stock is worth $8,000. Shauns marginal tax rate this year is 25 percent, and he has no other capital gains or losses. Shaun expects to have a marginal rate of 30 percent next year, but also expects to have a long- term capital gain of $10,000. To minimize taxes, should Shaun sell the stock on December 31 of this year or January 1 of…

16. A company produces two very similar products that go through a three-step sequence of…

16. A company produces two very similar products that go through a three-step sequence of fabrica- tion, assembly, and packaging. Each step requires one day for a lot to be completely processed and moved to the next department. Processing requirements for the departments (hours per unit) are FABRICATION ASSEMBLY PACKAGING Product Labor Machine Labor Machine Labor Machine A 2 1 1.5 1 1 .5 B 1 1 1 1 1.5 .5 Department capacities are all 700 hours of labor and…

1. Explain why firms may not have a need for marketing research. 2. Why is defining the problem…

1. Explain why firms may not have a need for marketing research. 2. Why is defining the problem the most important step in the marketing research process? 3. What are some reasons that marketing research is not conducted? 4. Discuss why defining the problem is really stating the decision alternatives. 5. Explain why research objectives differ from the definition of the problem. Answer 1: Firms may not have a need for marketing researcher because the factors of the markets do…

1. Consider a finite population with five elements labeled A B C D and E. Ten possible simple…

1. Consider a finite population with five elements labeled A, B, C, D, and E. Ten possible simple random samples of size 2 can be selected. a. List the 10 samples beginning with AB, AC, and so on. b. Using simple random sampling, what is the probability that each sample of size 2 is selected? c. Assume random number 1 corresponds to A, random number 2 corresponds to B, and so on. List the simple random sample of size 2…

8. Refer to Figure 3.14 which shows the computer solution of Problem 7. a. How much would the…

8. Refer to Figure 3.14, which shows the computer solution of Problem 7. a. How much would the return for U.S. Oil have to increase before it would be beneficial to increase the investment in this stock? b. How much would the return for Huber Steel have to decrease before it would be ben- eficial to reduce the investment in this stock? c. How much would the total annual return be reduced if the U.S. Oil maximum were reduced to…

Exhibit 11.16 presents the income statement and balance sheet for PartsCo a $1.2 billion…

Exhibit 11.16 presents the income statement and balance sheet for PartsCo, a $1.2 billion supplier of machinery parts. The company is expected to increase revenues by 8 percent annually for the next five years. Using the methodology outlined in Exhibit 11.4 and the template in Exhibit 11.16, forecast the next five years of income statements for PartsCo. Assume that the next five years forecast ratios are identical to this years ratios. Forecast depreciation as a percentage of the prior years…