Semester 4 Mid Semetser Exams
Good luck
7/9/2013 Saturday |
Human Resource Management |
8/9/2013 Sunday |
Strategic Management |
9/9/2013 Monday |
Operations Management |
10/9/2013 Tuesday |
International Marketing |
11/9/2013 Wednesday |
Project Management |
12/9/2013 Thursday |
Natural Resource Management |
Time: 6:00 - 7:30 pm
Tutorial one (23.6.2013)
Suppose where the following profit function for a certain firm. Find the level of output (Q) which maximizes the profit of the firm:
П= -3.000 - 2.400Q + 350 Q^{2 }- 8⅓Q^{3}
Tutorial two (30.6.2013)
Given the following profit function
П= -10.000 + 400Q = 2Q^{2}
Where:
П = is total profit, Q = is the level of output.
Find the:
$1(i) Determine the output level which maximizes profit.
$1(ii) Consider the situation requires 40 hours of skilled labor and total of 300 hours of skilled labor is variables determine the output level which maximizes the profit.
$1(iii) Find determine 100 hours of skilled labor or total of 400 hours are available what sort of comment in such a case .. how this will effect your solution.
Tutorial three (7.7.2013)
Given the following information about the quantity demanded about the quantity demented of accretion product (x) and its price (P_{X}) Exit lte the demand function:
Q dx |
Px |
2 |
7 |
3 |
6 |
4 |
5 |
7 |
2 |
Q ^{^ }= Q_{1}+b^{^}p_{x}
b^{^}<^{}0 product ,Q dx = when P_{X }= 3