Ritz products's materials manager, tej dhakar, must determine whether to make or buy a new semiconductor for the wrist tv that the firm is about to produce. four million units are expected to be produced over the life cycle. if the product is made, start-up and production costs of the make decision total $3 million, with a probability of 0.5 that the product will be satisfactory and a 0.5 probability that it will not. if the product is not satisfactory, the firm will have to reevaluate the decision. if the decision is reevaluated, the choice will be whether to spend another $3 million to redesign the semiconductor or to purchase. likelihood of success the second time that the make decision is made is 0.7. if the second make decision also fails, the firm must purchase. regardless of when the purchase takes place, dhakar's best judgment of cost is that ritz will pay $0.50 for each purchased semiconductor plus $2 million in vendor development cost.
a) assuming that ritz must have the semiconductor (stopping or doing without is not a viable option), what is the best decision?

Problems and applications q3 suppose the demand for french bread falls. illustrate the effect this has on the market for french bread. demand supply price of french bread quantity of french bread d 1 d 2 supply producer surplus in the market for french breadincreases . illustrate the effect the quantity change in french bread has on the market for flour. demand supply price of flour quantity of flour d 1 d 2 s 1 s 2 producer surplus in the market for flour .

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing company: work in process inventory $0 raw materials inventory $ 28 comma 100 finished goods inventory $ 40 comma 600 additional data: 1. actual manufacturing overhead for january amounted to $ 65 comma 000. 2. total direct labor cost for january was $ 63 comma 400. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no. 151, for which total direct labor charges were $ 5 comma 200 (1 comma 300 direct labor hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 700. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 300. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for january?