Planners for a company that makes several models of skis are about to prepare an aggregate plan that will cover 6 periods. they have assembled the following information: period 1 2 3 4 5 6 forecast 200 200 600 200 300 200 capacity regular: 300 units per period costs regular output: $2 per unit overtime output: $3 per unit subcontract: $6 per unit inventory: $1 per unit per period back order: $5 per unit per period beginning inventory: 0 use a level capacity production plan. assume that overtime and subcontracting is not allowed. backordering may be used when necessary. you may use the spreadsheet below to aid you in your computations. period 1 2 3 4 5 6 forecast 200 200 600 200 300 200 output: regular overtime subcontract output- forecast inventory beginning 0 ending average backlog the total cost of this plan under a level capacity is select one: a. $4900 b. $4650 c. $4700 d. $4450 e. $4500

Answer the following questions using the data given below. annual percent return on mutual funds (n = 17) last year (x) this year (y) 11.9 15.4 19.5 26.7 11.2 18.2 14.1 16.7 14.2 13.2 5.2 16.4 20.7 21.1 11.3 12.0 –1.1 12.1 3.9 7.4 12.9 11.5 12.4 23.0 12.5 12.7 2.7 15.1 8.8 18.7 7.2 9.9 5.9 18.9

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a. what is the firm’s labor demand function? b. if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c. now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]