Alpha Inc. regularly uses material FLAV4 and currently has in stock 550 liters of the material for which it paid $2,730 several weeks ago. If this were to be sold as is on the open market as surplus material, it would fetch $5.70 per liter. New stocks of the material can be purchased on the open market for $6.70 per liter, but it must be purchased in lots of 1,450 liters. You have been asked to determine the relevant cost of 1,250 liters of the material to be used in a job for a customer. The relevant cost of the 1,250 liters of material FLAV4 is: (CIMA adapted)

What is the probability that a respondent 30+ years of age thinks that global warming will not pose a serious threat during his/her lifetime (to 4 decimals)?

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented