provide step by step solutions to the following problems.This question is complete
HW 1 (1) - Word (Product Activation Failed) SERT DESIGN PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW 1. Towards the end of the 20th century, the U.S. government wanted to save money by closing a small portion of its domestic military installations. While many people agreed that saving money was a desirable goal, people in areas potentially affected by a closing soon reacted negatively. Congress finally selected a panel whose task was to develop a list of installations to close, with the legislation specifying that Congress could not alter the list. Since the goal was to save money, why was this problem so hard to solve? 2. Your car gets 29 miles per gallon (mpg) at 60 miles per hour (mph) and 25 mpg a 70 mph. At what speed should you make a 525-mile trip: a. If gas costs $3 per gallon and your time is worth $18 per hour b. If gas costs $4 per gallon and your time is worth $12 per hour c. If gas costs $5 per gallon and your time is worth $9 per hour 3. A firm is planning to manufacture a new product. As the selling price is increased, the quantity that can be sold decreases. Numerically the sales department estimates: P =$475-0.250 Where P = selling price per unit and Q = quantity sold On the other hand, management estimates that the average unit cost of manufacturing and selling the product will decrease as the quantity sold increases, They estimate C = $480 + $22,500 Where C = cost to produce and sell Q per year The firm's management wishes to maximize profit. What quantity should be sold? How much profit will be made? ENGLISH (CANADA)2. A transportation service provider wants to select a telematics device to track the movement of its fleet of trucks. The device is attached to a truck and transmits location and speed of the truck for operational planning purposes. The characteristics of the device that are relevant for selection are location accuracy, speed accuracy, device battery life and cost of device. The transportation company will select a device from three options A, B and C. The following matrix provides the estimation of relative importance of the criteria. Location Accuracy Speed Accuracy Battery Life Cost of Device Location Accuracy 1.00 4.00 2.00 3.00 Speed Accuracy 0.25 1.00 0.50 0.75 Battery Life 0.50 2.00 1.00 1.50 Cost of Device 0.33 1.33 0.67 1.00 The following matrices provide the relative favorability of the devices with respect to the criteria. Location Accuracy: Device A Device B Device C Device A 1.00 1.50 2.00 Device B 0.67 1.00 1.25 Device C 0.50 0.80 1.00 Speed Accuracy: Device A Device B Device C Device A 1.00 0.67 2.00 HW1 ISE 105 Spring 2019 Device B 1.50 1.00 2.00 Device C 0.50 0.50 1.00 Battery Life: Device A Device B Device C Device A 1.00 1.50 0.50 Device B 0.67 1.00 0.33 Device C 2.00 3.00 1.00 Cost of Device: Device A Device B Device C Device A 1.00 1.80 2.00 Device B 0.55 1.00 1.25 Device C 0.50 0.80 1.00 Select the best device using the Analytic Hierarchy Process. [50 points]2. You have collected the following data on output and total variable costs: \" m m m a. b. Identify the range of output exhibiting increasing returns (increasing MP} and the range exhibiting diminishing returns {decreasing MP}. Cmrent xed costs for the company equal $136,5U. Draw two graphs, both with Q on the horizontal axis: one graph shows WC and TC, and the other shows AVG, AC, and MC. Suppose that the government imposes a $T5, property tax hike on all businesses; how will that affect your two graphs; is, which cost curves will be affected and how? Suppose instead that the government consist your production process to he polluting, and iruposes a $35!} tax per unit produced (replacing the property tax in the previous question)- How does this tax increase compare to the property tax increase, in terms of the effect on your company's cost curves? Tfour boss says "either of these taxes is going to force us to change our production levels." Given what you know about optimization analysis, how would you respond
