Question: Suppose you want to have $300,000 for retirement in 20 years. Your account earns 10% interest. a) How much would you need to deposit in
Suppose you want to have $300,000 for retirement in 20 years. Your account earns 10% interest.
a) How much would you need to deposit in the account each month?
$
b) How much interest will you earn?
Question 2 30 pts Adjustable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease 2.5 $B$2 $C$2 $D$2 Number of units P 1000 3 1E+30 Number of units S 200 5.5 1E+30 0.5 Number of units T -0.4 4. 0.4 1E+30 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease Cut & Dye time 14000 18000 E7 SE$8 $E$9 SE$10 Sew time 3.7 18000 6000 3000 Inspect & Pack time Min. Polos reqd. 3800 9000 -2.5 1000 200 1000 Use the Sensitivity Report (for the same Dukes Wear problem described earlier) to answer the questions below. Recall that the there were limited time available in each department. The items with "?" will be addressed in some of the questions. Write the question number and your answer (comma to separate multiple answers). 1. The expected total profit is $ 2. The reduced cost for sweatshirts is 3. It will be profitable to produce T-shirts when minutes of Sew time are used. Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease Cut & Dye time Sew time SE$7 SE$8 $E$9 $E$10 14000 18000 18000 3.7 6000 3000 Inspect & Pack time Min. Polos reqd. 3800 9000 -2.5 1000 200 1000 Use the Sensitivity Report (for the same Dukes Wear problem described earlier) to answer the questions below. Recall that the there were limited time available in each department. The items with "?" will be addressed in some of the questions. Write the question number and your answer (comma to separate multiple answers). 1. The expected total profit is $ 2. The reduced cost for sweatshirts is 3. It will be profitable to produce T-shirts when minutes of Sew time are used. 4. 5. Shadow price for Inspect & Pack time is 6. Inspect & Pack time has allowable decrease of 7. If the profit contribution for Polos increased to $5, then the number of polos produced should be and allowable increase of 8. If the company revised the minimum requirement for Polos to 1100, total profit will same/increase/decrease, and by what $ amount). 9. If there is a labor strike for 70 hours (i.e. 4200 minutes) by employees in the Cut & Dye department, then (answer must include if
Step by Step Solution
3.43 Rating (159 Votes )
There are 3 Steps involved in it
a Here the deposits will be same every month so it is an annuity The future val... View full answer
Get step-by-step solutions from verified subject matter experts
