Mr. Shariq owes Mr. Farooq Rs. 7000 due in 5 years and Rs. 15,000 in 7 ½ years. How much should Mr. Shariq pay at the end of 6 years which may be acceptable to Mr. Farooq if money is worth 8% compounded semi-annually? 

Calculate the value where you find the question mark “?”. All values should be determined up to four decimal places

Question No. 1:

Part – A:                                                                                                                           Marks [3]

A Leading mobile phone manufacturer is about to introduce a new series, initially they are launching 4 models of the same series. The accompanying table summarizes price and variable costs data, combined fixed costs equal $540,000.

Table 1

1. Develop a joint total revenue function for sales of the four different models.
2. Develop an annual total cost function for manufacturing the four models.
3. Develop the profit function for sales of the four models.
4. Calculate the annual profit if the firm sells 9000, 12000, 45000 and 22000 units, respectively, of the four models?

Part – B:                                                                                                                            Marks [2]

In manufacturing a medical equipment, a firm incurs costs of two types. Fixed annual costs of $ 155,000 are incurred regardless of the number of units produced. In addition, each unit produced costs the firm $5. If C equals total annual cost in dollars and x equals the number of units produced during a year;

1. Develop the function C = f(x) which expresses annual cost.
2. Calculate f(280,000)? What does f(280,000) represent?
3. State the restricted domain and restricted range of the function if maximum production capacity is 850,000 units per year

Look at the above advertisement and answer the following:

1. Is this Ad an attention grabber? Why? (50 words)                              (2 marks)

2. Who is the target market in terms of age, group and lifestyle? (80-100 words)                                                                                                                          (2 marks)

Let X be a random variable that follows the uniform distribution over the interval [-3,3]. A new random variable Y is defined by the transformation Y=1X+2. Compute P(Y≤2). Answer [The answer should be a number rounded to five decimal places, don't use symbols such as %]

QUESTION:

Ayesha, a fundraising manager at a non-profit organization, her responsibility is to: approach businesses, local authorities, trusts and individuals to secure funding. Moreover, organizing and helping with fundraising activities such as sponsored or promotional events. She has a Conscientiousness personality and had experienced a bad incident last year with the public relations manager of a banking company who had committed to sponsor a charity event and then backed out at the last minute. This year, when a renowned international bank’s manager showed interest in sponsoring the Organization’s upcoming annual event, Ayesha rejected their participation. She felt that banks have a casual approach toward charity events and it is risky to involve them in the event.

1. Do you think Ayesha’s attitude and behavior will or will not change over time? Explain
2. Does personality have any influence on Ayesha’s decision? Relate it to Big Five Model of Personality Dimension and explain how it predicts behaviour.

Question No: 4   

Mr. Ali is a fresh graduate and he is employed at ABC Company. He is a fresh graduate and it’s his first professional job. The job pays him pretty well but he is still unhappy with job.

1. Develop an account of the current thinking about the relationship between job performance and job satisfaction. Examine what could be the possible reasons behind Mr. Ali being unhappy with his job?
2. If Ali’s supervisor believes that ‘happy employees are productive employees’, what kind of problems might he encounter? Be sure to emphasize the role of rewards in your answer.

Determine the resultant force and specify where it acts on the beam measured
from point B.