Question

The annual revenue earned by Target for fiscal years 2004 through 2010 can be approximated by R(t) = 41e0.094t billion dollars per year (0 ≤ t ≤ 7), where t is time in years (t = 0 represents the beginning of fiscal year 2004).†

Estimate, to the nearest $10 billion, Target's total revenue from the beginning of fiscal year 2007 to the beginning of fiscal year 2010. $ billion

Answer #1

Hence, the total required required revenue to the nearest $ 10 billion is $190 billion.

The following table shows a company's annual revenue (in
billions of dollars) for 2009 to 2014.
Year
Period
(t)
Revenue ($
billions)
2009
1
23.7
2010
2
29.3
2011
3
38.0
2012
4
50.2
2013
5
59.7
2014
6
66.7
(a) Develop a linear trend equation for this time series
to forecast revenue (in billions of dollars). (Round your numerical
values to three decimal places.)
Tt =
(b)What is the average revenue increase per year (in
billions of dollars) that...

The following table shows a company's annual revenue (in
billions of dollars) for 2009 to 2014.
Year
Period
(t)
Revenue ($
billions)
2009
1
23.8
2010
2
29.4
2011
3
37.9
2012
4
50.3
2013
5
59.9
2014
6
66.6
(b)
Develop a linear trend equation for this time series to forecast
revenue (in billions of dollars). (Round your numerical values to
three decimal places.)
Tt =
12.56+9.154t
(c)
What is the average revenue increase per year (in billions...

The following table shows a company's annual revenue (in
billions of dollars) for 2009 to 2014.
Year
Period
(t)
Revenue ($
billions)
2009
1
23.6
2010
2
29.3
2011
3
37.8
2012
4
50.2
2013
5
59.8
2014
6
66.6
(a)
Construct a time series plot.
What type of pattern exists in the data?
The time series plot shows an upward linear trend.
The time series plot shows a downward curvilinear
trend.
The time series plot shows an upward...

The following information is from General Electric Corporation
annual reports.
YearRevenue ($ million)Employees
Year
Revenue ($ million)
Employees (000)
2004
134
298
2005
152
302
2006
157
316
2007
168
323
2008
177
336
2009
183
324
2010
150
297
2011
147
290
2012
147
300
2013
146
308
2014
149
302
2015
151
326
Compute a simple index for the number of employees for GE using
the period 2004−06 as the base. (Round your answers to 1
decimal place.)...

The average price of a two-bedroom apartment in the uptown area
of a prominent American city during the real estate boom from 1994
to 2004 can be approximated by
p(t) = 0.11e0.10t million
dollars (0 ≤ t ≤ 10)
where t is time in years (t = 0 represents
1994). What was the average price of a two-bedroom apartment in
this uptown area in 2002, and how fast was the price increasing?
(Round your answers to two significant digits.) HINT [See...

Your company introduced a new product line 7 years ago. The
annual revenue from that product line was $4,000,000 per year in
Years 0-3 and $5,000,000 per year in Years 4-7. Convert these
revenues into an equivalent uniform annual series in Years 1
through 7 (the engineering econ equivalent of the average revenue
per year) using an interest rate of 10% per year.

Suppose a company has a revenue stream that can be modeled by
R(t)=?0.045t^2+0.72t+0.176 in millions of dollars, further suppose
that costs and expenses can be modeled by
C(t)=?0.012t^2+0.12t+0.091, where t is the number of years past
1985.
The year in which the maximum profit occurs is
__________ (If needed, round to the nearest tenth of a
year.)

Analyzing Unearned Revenue Changes
Electronic Arts Inc. (EA) is a developer, marketer, publisher and
distributor of video game software and content to be played on a
variety of platforms. There is an increasing demand for the ability
to play these games in an online environment, and EA has developed
this capability in many of its products. In addition, EA maintains
servers (or arranges for servers) for the online activities of its
customers. When customers purchase online subscriptions, revenue is
recognized...

The general fund budget (in billions of dollars) for a U.S.
state for 1988 (period 1) to 2011 (period 24) follows.
Year
Period
Budget
($ billions)
1988
1
3.03
1989
2
3.29
1990
3
3.56
1991
4
4.41
1992
5
4.36
1993
6
4.61
1994
7
4.75
1995
8
5.15
1996
9
5.34
1997
10
5.66
1998
11
6.01
1999
12
6.20
2000
13
6.58
2001
14
6.75
2002
15
6.56
2003
16
6.88
2004
17
6.98
2005
18
7.65...

Find the present value P of a continuous income flow of
c(t) dollars per year using
P =
t1
c(t)e−rt dt,
0
where t1 is the time in years and r
is the annual interest rate compounded continuously. (Round your
answer to the nearest dollar.)
c(t) = 100,000 + 4000t, r = 5%, t1 = 8

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