Essay Center

June 10, 2021

An electronics firm carries out a small-scale test launch of a new low-priced pocket calculator

An electronics firm carries out a small-scale test launch of a new low-priced pocket calculator. It estimates from this test that if it went into full-scale production it would sell between 1,000 and 2,500 calculators per month, and that its monthly revenue in thousands of shillings over this range of […]
June 10, 2021

The number of shoppers queuing at any given time in a certain supermarket

The number of shoppers queuing at any given time in a certain supermarket in downtown Washington DC can be approximately represented by the equation: y = x3 – 14×2 + 50x over the range 0 ≤ x ≤ 8.5, where y is the number queuing and x is the time […]
June 10, 2021

approaches to computing in an organization

a) Briefly explain Four approaches to computing in an organization b) Identify and explain Three advantages and and Three disadvantages of each of the approaches explained in (a) above
June 10, 2021

XYZ Company Limited invests in a particular project

XYZ Company Limited invests in a particular project and it has been estimated that after X months of running, the cumulative profit (Sh.‘000’) from the project is given by the function 10 5 2 x − x − , where x represents time in months. The project can run for […]
June 10, 2021

how the cell cycle and mitosis relates to cancer

Watch this short video that explains how the cell cycle and mitosis relates to cancer: https://youtu.be/h3Dhj5 riefly describe something you learned from this video. hen research one common chemotherapy drug. f you or someone you know have undergone chemotherapy, consider researching a drug you/they received during treatment. Answer the following […]
June 10, 2021

Markovian analysis

Define the following terms as used in Markovian analysis: i) Transition matrix. ii) Initial Probability vector iii) Equilibrium iv) Absorbing state
June 10, 2021

Acting as financial consultant

Gatheru and Kabiru Certified Public Accountants have recently started to give business advise to their clients. Acting as consultants, they have estimated the demand curve of a clients firm to be; AR=200-8Q Where AR is average revenue in millions of shillings and Q is the output in units. Investigation of […]
June 10, 2021

the relationship between average cost and total cost

Two accounting students were discussing the relationship between average cost and total cost. One student said that since average cost is obtained by dividing the cost function by the number of units Q, it follows that the derivative of the average cost is the same as marginal cost, since the […]
June 10, 2021

Demand function for a firm

Demand function for a firm is given by P = 12 − 0.4Q P is the price of the product, Q is the quantity demanded, and the total cost (C) is given by 2 C = 5 + 4Q + 0.6Q At what price and quantity will the firm have […]