ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
expand_more
expand_more
format_list_bulleted
Question
A student's course grade is based on one midterm that counts as
20%
of his final grade, one class project that counts as
25%
of his final grade, a set of homework assignments that counts as
50%
of his final grade, and a final exam that counts as
5%
of his final grade. His midterm score is
63,
his project score is
82,
his homework score is
90,
and his final exam score is
70.
What is his overall final score? What letter grade did he earn (A, B, C, D, or F)? Assume that a mean of 90 or above is an A, a mean of at least 80 but less than 90 is a B, and so on.His overall final score is
nothing.
(Type an integer or a decimal rounded to one decimal place as needed.)
His letter grade is
(1)
(1)
C.
F.
D.
B.
A.
Expert Solution
arrow_forward
Step 1
The way to deal with settle this inquiry is to understand that the imprints must be changed over into the separate rates of the entire course. This implies that the signs of the multitude of parts must be standardized by the evaluating breakdown.
Total score = (63*20/100) + (82*25/100) + (90 *50/100) + (70*5/100)
= 12.6 + 20.5 + 45 + 3.5
=81.6
So, his letter grade will be B as it is less than 90 and greater than 80
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Similar questions
- An operation with a learning rate of 0.2 takes 5 hours for the first iteration. How long will it take to complete this task for the 2nd time?arrow_forwardThe time to assemble the first unit on a production line is 11 hours. The learning rate is 0.86. Approximately how long will it take for the fifth unit to be assembled? The number of hours needed for the fifth unit to be assembled is hours. (Round to one decimal place.)arrow_forwardYou and two friends find yourself craving a fresh pizza while preparing for the final exam on the engineering economy. You can't spend time picking up the pizza and you have to have it shipped. 'Pick-up-Sticks' offers 1-1/4-inch thick (including toppings), 20-inch square pizza with your option of two toppings for $15 plus 5 percent sales tax, and $1.50 delivery fee (no sales tax on delivery price). "Fred's" offers Sasquatch round, deep-dish, which is 20 inches in diameter. It is 1-3/4 inches thick, contains two toppings, and costs $17.25 plus sales tax of 5 percent and free delivery. (1) What is the problem in this situation? Please state that clearly and specifically. (2) Apply the seven principles of engineering economy systematically to the problem you set out in Part (1) (3) If your common unit of measurement is dollars (i.e., cost), what is the better value for having a pizza based on the criterion of reducing cost per unit volume? (4) What other criteria might be used to select…arrow_forward
- I need the answer as soon as possiblearrow_forward(You will need to use a spreadsheet to tackle these questions.) 1. How much of q can be produced for £60,000 if the total cost function is TC = 86 + 152q − 12q2 + 0.6q3? 2. What output can be produced for £150,000 if TC = 130 + 62q − 3.5q2 + 0.15q3? 3. Solve for x when 0 = −1,340 + 14x + 2x2 − 1.5x3 + 0.2x4 + 0.005x5 − 0.0002x6arrow_forwardwhat is the terminology for this definition below: Year serving as point of comparison for other yearsarrow_forward
- The daily output at a factory is Q(K, L) = 144KL units, where K is the capital investment measured in units of $1000 and L is the size of the labor force measured in worker-hours. (a) Compute the daily output if the capital investment is $139,000 and the size of the labor force is 1025 worker-hours. (b) What will the output be if both the level of capital investment and the size of the labor force are cut in half?arrow_forwardFirms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of return is defined as: Group of answer choices A) the percentage increase in debt for the firm. B) the amount of money the firm must borrow to fund the project. C) the estimated payoff from the project. D) the total cost of the project times the number of days it takes to complete the project.arrow_forwardcompute a piece rate for an employee earning $17.75/hour where the standard time per unit is ten (10) minutesarrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSONEngineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
- Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage LearningManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage LearningManagerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education