Manuel's performance pizza is a small restaurant in chicago that sells gluten-free pizzas. manuel's very tiny kitchen has barely enough room for the three ovens in which his workers bake the pizzas. manuel signed a lease obligating him to pay the rent for the three ovens for the next year. because of this, and because manuel's kitchen cannot fit more than three ovens, manuel cannot change the number of ovens he uses in his production of pizzas in the short run. however, manuel's decision regarding how many workers to use can vary from week to week because his workers tend to be students. each monday, manuel lets them know how many workers he needs for each day of the week. in the short run, these workers are inputs, and the ovens are inputs.

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?

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