Quality Metalcraft is a company in Michigan that makes prototype parts for GM and Ford. The QMC manager is putting together a Request for Proposal (RFP).
A) You have been asked by this manager to determine the
break-even price for 4 runs (400 units--each
run is 100 parts). What is it?
B) If GM likes the parts, they may extend the contract by 2 more runs. What is the break-even point for
running both the 5th and 6th runs together?
Quantity Marginal Cost per run Total Cost Average Cost per run
$64
$64 $64
2 runs $58
$122 $61
3 runs $52
$174 $58
4 runs $46
$220 $55
5 runs
$40
$260 $52
6 runs
$34
$294 $49
1 run

The resumâ´es of two male applicants for a college teaching position in chemistry are placed in the same file as the resumâ´es of two female applicants. two positions become available, and the first, at the rank of assistant professor, is filled by selecting one of the four applicants at random. the second position, at the rank of instructor, is then filled by selecting at random one of the remaining three applicants. using the notation m2f1, for example, to denote the simple event that the first position is filled by the second male applicant and the second position is then filled by the first female applicant, (a) list the elements of a sample space s; (b) list the elements of s corresponding to event a that the position of assistant professor is filled by a male applicant; (c) list the elements of s corresponding to event b that exactly one of the two positions is filled by a male applicant; (d) list the elements of s corresponding to event c that neither position is filled by a male applicant; (e) list the elements of s corresponding to the event a â© b; (f) list the elements of s corresponding to the event a âş c; (g) construct a venn diagram to illustrate the intersections and unions of the events a, b, and c.