A two motors-engine airplane flying from Baghdad to Turkey, the engines are not in good condition, if the probability of damage for one engine is 0.03 and the probability of damage for both engines together is 0.0005 find: 1- Probability of damage of at least one of two engines. 2- Probability of no damage in either one of them. 3- Probability of no damage in both engines together.
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- Assuming that the probability of engine malfunction of the MH 370 flight was determined to be 25%, the potential impact of any risk event occurring was rated to be 3 and the difficulty with detecting this malfunction was 5. As the risk engineer overseeing the installation, calculate the risk value, using FMEA. Select one: a. 3.75 O b. 62.5 Oc. O c. 375 O d. 6.25One of the main concerns in the coronavirus outbreak is the spreadof the virus during air travel. To avoid the risk of spreadingvirusand eliminate concernsduring air travel, airlines started to circulate fresh air in the airplane cabins every 3 minutes. For this purpose, air needs to be compressedfrom outside to inside the airplane cabinand conditioned for passenger comfort and safety. Calculate the average cost of this new implementation to Turkish Airlines for one of its national flights assuming that the energy costs 2 Turkish liras (TL) per kW hr?Evaluate the efficiency of the Kowloon claims office of Generalife as to it’s automobile loss claims process. Show supporting computations where necessary. (Word limit: 50 exclude supporting computations)
- We examine what might happen in the worst-case scenario, but the true worst case would involve a total disaster with extremely remote probability. We certainly would like to prepare ourselves for the worst possible outcome, but shall we make decisions based on something that is extremely unlikely to happen? Consider Samsung’s recent experience. Samsung was forced to recall 2.5million Galaxy Note 7 smartphones just one month after it was introduced because multiple reports on the phones caught fire, and eventually stopped all production in the following month. Some estimated that Samsung incurred a $5 billion write-off due to this fiasco. Would you consider it Samsung’s failure not to prepare for this worst-case scenario? Why or why not? As a member of Samsung’s FP&A team, what would you do differently for evaluating future products?A "short sale" of real estate is: Multiple Choice O a sale that closes in less than 30 days. the sale of a house by someone who is not the owner, it is a way to profit from an anticipated decline in real estate prices. a sale in which the proceeds from the sale are less than the balance owed on the loan secured by the property sold.4. Consider an office that there are some valuables which worth $250,000 (books and pipe dreams). This office faces a 0.30 probability of a burglary since the office is in Turkey. If a burglary were to occur, the officers would have to spend $100,000 to replace the stolen items. Suppose it can buy an insurance policy for $20,000 that would fully reimburse it for the amount of the loss. a) Should officers buy this insurance policy? b) Should it buy the insurance policy if it cost $25,000? $35,000? c) What is the most officers would be willing to pay for this insurance policy? How does your answer relate to the concept of risk premium discussed in the text?
- can you do it again? half of them are wrongQUESTION 1 Furnaces Pty Ltd was advised by a local building inspector that one of the chimneys on its premiseswas unsafe and, unless it was repaired, the factory would have to be closed. Furnaces decided thatit was not feasible to stop operations to repair the chimney, so they gained permission to build analternative chimney adjacent to the old chimney, thereby allowing production to continue. They foundthat although the new chimney was substantially the same size and make as the old one, it wascheaper to build than it would have been to repair the old one. Also, the new chimney can betterventilate the weather, which was not available in the previous one. After the new chimney waserected, the old chimney was demolished.Is any amount allowable as a deduction for the cost of the new chimney?Introduction, key issue/s, analysis and recommendation sections for each separate scenario. ACC2273 “Is there anything wrong?” Scenario 1 You run a small business that takes older machines and refurbishes them to sell at a “charitable” price. You are doing good for the environment and helping those who need these machines get one at a reasonable price when otherwise they would not have been able to afford one. … yes, business is and can be about helping others, it is not all about making a profit and selling stuff to people that don’t necessarily need stuff. As the owner you have hired a few people to run the business. They look after purchasing and selling, collecting and distributing. You charge (sell the machines for) a small “up-charge” of 5% over cost to cover your operating costs. Some pertinent financial data for 2022: beginning inventory $5,000, ending inventory $6,000, purchases for the year $61,000 and sales for the year $15,000. Is there anything wrong with your…
- Which of the following are examples of diversifiable risk? 1. I. An earthquake damages an entire town 2. II. The federal government imposes a $100 fee on all business entities OOO OO 3. III. Employment taxes increase nationally 4. IV. All toymakers are required to improve their safety standards I and IV only I and III only II and III only II and IV only I, III, and IV onlyDarius is the financial advisor for his company and is considering the purchase of excavation equipment which will cost $54,000. The purchase of this equipment is expected to save his company $5,802 at the end of every year for 10 years. At the end of the 10 years, he expects the excavation equipment to have a residual (inflow) value of $20,000. The company requires a 6% rate of return. Round PV to the nearest cent. Round NPV to the nearest whole number. 1) What is the Net Present Value (NPV) of this equipment investment? Cash Inflows Cash Inflows P/Y = C/Y = N = I/Y = PV = PMT= FV = Payments (Savings) A $ $ % Residual (Inflow) A GA A % (If the NPV is negative, enter it as a negative number. If the NPV is zero, enter 0.)A firm is considering an investment in a new machine with a price of $17.3 million to replace its existing machine. The current machine has a book value of $7 million and a market value of $5.7 million. The new machine is expected to have a 4-year life, and the old machine has four years left in which it can be used. If the firm replaces the old machine with the new machine, it expects to save $7.1 million in operating costs each year over the next four years. Both machines will have no salvage value in four years. If the firm purchases the new machine, it will also need an investment of $410,000 in net working capital. The required return on the investment is 12 percent and the tax rate is 21 percent. The company uses straight-line depreciation. a. What is the NPV of the decision to purchase a new machine? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) b. What is the IRR of the…