Earthquake insurance:
A) is provided too cheaply by insurance companies
B) typically costs $1 per $20,000 protection
C) is sold in only a limited number of geographical markets
D) is bought by Californians only
C
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Describe the right of redemption and when it can be exercised.
What will be an ideal response?
Limited partnership interests are generally not transferable
Indicate whether the statement is true or false
Power distance is defined as the degree to which the less powerful members of a society accept and expect that power is distributed unequally.
Answer the following statement true (T) or false (F)
A company asked one of their analysis team to analyze and create models that help decide whether they should manufacture a particular product or outsource its production. The different components are given below
Fixed Cost, FC = $25,000
Material Cost per Unit, MC = $2.15
Labor Cost per Unit, LC = $2.00 Outsourcing Cost per Unit, O = $4.50
?
- Build an influence diagram that illustrates how to calculate the difference in cost of manufacturing and outsourcing.
- Using mathematical notation, construct a mathematical model for calculating the difference in cost of manufacturing and outsourcing.
- Implement your model from part (b) in an Excel spreadsheet model using the principles of good spreadsheet design.
- Using the spreadsheet model, what will be the resulting savings due to outsourcing if the company wants to make 30,000 units of a particular product?