Symbolic Math in Matlab Matlab has a powerful symbolic math ability. Rather than making calculations on known numbers‚ we can make calculations on symbolic expressions. For example‚ what is the limit as x approaches inf of 1 + 1/2^1 + 1/2^2 + 1/2^3...+1/2^n ? Matlab can tell us. What is the integral of x^3 for any x? Matlab can tell us. Symbolic Math in Matlab Matlab allows you to create symbolic math expressions. This is useful when you don’t want to immediately compute an answer‚ or when
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Questions: Danshui Plant No. 2 1. Using budget data‚ how many Apple iPhone 4’s would have to have been completed for Danshui Plant No. 2 to break even? 2. Using budget data‚ what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) were allocated to planned production? What was the actual cost per unit of production and shipping. 3. Prepare a flexible budget for 180‚000 iPhone 4’s and calculate flexible budget variances using actual costs for
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retailer has to pay $9 per hour to hire 13 workers. If the retailer only needs to hire twelve workers‚ a wage rate of $7 per hour is sufficient. What is the marginal cost of the 13th worker? a. $117. b. $9. c. $33. d. $84. 3. A computer manufacturer can produce 5 computers for $5‚000 and 10 computers for $7‚500. Based on this information‚ what is the marginal cost per computer of the 6th through 10th computers? a. $500 b. $750 c. $1‚000 d. $2‚500 4. To maximize profits‚ you should produce
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right responses‚ you will obtain 2.5 marks per one statement (i.e. this part is for 10 marks). 1. Why is adherence to ethical standards important for the smooth functioning of an advanced market economy? 2. Briefly describe what is meant by enterprise risk management. 3. Describe what is meant by a “pull” production system. 4. Describe the schedule of cost goods manufactured. How does it tie into the income statement? 5. Why are product costs sometimes called inventoriable costs? Describe the flow of
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Cost management | Wilkerson Company Case | | 1. What is the competitive situation faced by Wilkerson? The competitive situation faced by Wilkerson is quite severe. Price cutting in its main product has led to a huge drop in profit. While price increase in another product line partially made up the loss. We will discuss the detailed situation line by line. (1) Valves It was the first product line developed by Wilkerson and its high quality brought it a loyal customer base. Even
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Types of Variables Binary variable Obsevations (i.e.‚ dependent variables) that occur in one of two possible states‚ often labelled zero and one. E.g.‚ “improved/not improved” and “completed task/failed to complete task.” Usually an independent or predictor variable that contains values indicating membership in one of several possible categories. E.g.‚ gender (male or female)‚ marital status (married‚ single‚ divorced‚ widowed). The categories are often assigned numerical values used as lables
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Inequalities are equations that can be used to determine not just what something could equal but what something cannot equal. It tells us what the relative size is of two values and if they are big or small‚ too much or not enough. Inequalities could make it easier to determine how much someone might need of something in order to make a certain amount of something‚ while also determining how much more might be needed or how much be left. For example‚ if someone wanted to make cupcakes and flat
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The Case of Variable Laminates Name Grantham University Abstract A plywood manufacturer has tasked me with finding a solution to their problem regarding the inconsistency of their laminate cutting process. In order to find out where the problem lies‚ I will use an experimental design. Experimental design is a formal plan that details the specifies for conducting an experiment‚ such as with responses‚ factors‚ levels‚ blocks‚ treatments and tools to be used (Sower‚ 2011‚ p. 155)
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treatment‚ BAT will be administered as posttest to measure the achievement of different group. 3.9 Control of Extraneous Variables In any quasi-experiment as in this study‚ some extraneous variables which could introduce bias or errors into the study were handled and taken care of. The following attempts in which the researcher will take care of these extraneous variables is discussed below; Control of Hawthorne Effect: This happens when student performance are affected because the students are
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service is to be maintained at acceptable levels * Meet unexpected demands or demands for customization of products as with agile production * Smooth seasonal or cyclical demand * Take advantage of lots or purchase quantities in excess of what is required for immediate consumption to take advantage of price and quantity discounts * Hedge against anticipated shortage and price increases‚ especially in times of high inflation or as a deliberate policy of speculation * Ensure rapid
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