As an IT manager, you must decide how to allocate programmers between "support"-that is, doing bug fixes and responding to production issues and the development of new features and systems. Both tasks are measured in completed "tickets," and for each activity, the weekly average product, total product, and marginal product are given in the accompanying table. Ticket completions of both types are equally valued by your company. Your programmers work in teams of 10. Currently you allocate two teams (20 programmers) to support and three teams (30 programmers) to development. How should you reallocate your teams, if at all, to achieve the maximum number of competed tickets per week? Number of teams 0 1 2 3 4 5 Development: Support: AP 0 42 42 42 42 42 Support TP ✪ team(s) team(s) 0 42 84 126 168 210 MP 42 42 42 42 42 AP 0 70 65 60 55 50 Development TP 0 70 130 180 220 250 MP 70 60 50 40 30

If LRTC is 100q-10(q)(q) +(q)(q)(q) then the LRAC is ......... , the LRMC=..............and the MC cuts the LRAC at q=............... and LRAC of ...........

Find the lower bound of the confidence interval, rounding the result to four decimal places. Р(1 — р) p - E = P – Z«j2\ %3D 0.57(1 – 0.57) = 0.57 1.960 1,007 Find the upper bound of the confidence interval, rounding the result to four decimal places. P(1 — р) p + E : p + z 0.57(1 – 0.57) = 0.57 + 1.960 1,007 Therefore, a 95% confidence interval for the population proportion of adults who lack confidence they will be able to afford health insurance in the future is from a lower bound of X to an upper bound of

Fethe's Funny Hats is considering selling trademarked, orange-haired curly wigs for University of Tennessee football games. The purchase cost for a 2-year franchise to sell the wigs is $20,000. If demand is good (40% probability), then the net cash flows will be $27,000 per year for 2 years. If demand is bad (60% probability), then the net cash flows will be $9,000 per year for 2 years. Fethe's cost of capital is 14%. A. What is the expected NPV of the project? B. Use decision-tree analysis to calculate the expected NPV of this project, including the option to continue for an additional 2 years. B. Use decision-tree analysis to calculate the expected NPV of this project, including the option to continue for an additional 2 years.