,Index of Selected Applications
Management Marginal revenue, 615, 630, 631, 647, 674, 680, 681, 689, 709, 775,
Accounting, 230 780, 783
Advertising, 8, 27, 49, 84, 106, 291, 323, 324, 367, 382, 384, 394, Market share, 372, 394, 579, 762, 866
398, 399, 496, 505, 509, 526, 576, 600, 613, 651, 659, 666, 672, Marketing, 476
690, 695, 703, 709, 722, 723, 742, 743, 794, 834, 844, 892, 903, Minimizing average cost, 727, 733, 734
962, 965, 999, 1002 Minimizing costs, 333, 334, 335, 344, 345, 348, 349, 351, 691, 738,
Agricultural business, 287, 292, 304, 307, 319, 326, 329, 345, 744, 745, 756, 760, 763, 764
353, 401 Oil refineries, 229
Airlines, 136, 192 Operating leverage, 203
Annual reports, 214 Organizational growth, 388, 393, 394
Average cost, 49, 54, 709, 724, 727, 760, 762, 763, 824, 900, 949 Package design, 36, 84, 181, 739, 763, 764
Benefits, 540, 989 Parking costs, 601
Break-even analysis, 69, 121, 127, 164, 167, 197, 200 Parts delivery, 485
Budgeting, 230, 323 Parts listings, 267, 272
Business risk, 203 Postal rates, 182, 614
Capital investment, 642, 760, 790, 800 Pricing, 90, 117, 118, 228, 658, 709, 765, 862, 1003
Cellular phones, 35, 36, 106, 193, 399, 533, 580, 643, 666, 668, 672, Pricing for maximum profit, 57
745, 825 Printing, 761
Committees, 508, 511, 529 Product design, 761
Company growth, 27, 400, 672, 737 Product display, 511
Competition, 258 Product reliability, 367, 392, 551, 834, 890, 894
Competition in telecommunications, 533 Production, 219, 228, 230, 235, 272, 274, 275, 344, 349, 665, 709,
Construction, 305, 323, 325, 459 723, 790, 795, 834, 868, 872, 893, 944, 955, 958, 961, 971, 973,
Cost, 83, 84, 119, 126, 133, 135, 136, 151, 160, 169, 176, 181, 182, 978, 988, 989, 994, 997, 999, 1000, 1001
183, 199, 212, 275, 335, 392, 393, 615, 629, 642, 676, 686, 687, Production costs, 220, 222, 277, 298, 304, 348, 709, 743, 750, 764
688, 689, 813, 845, 846, 849, 852, 866, 903, 920, 927, 943, 949, Productivity, 528, 600, 612, 630, 642, 665, 687, 709, 722, 743, 756,
956, 971, 997, 999, 1000 760, 761, 834, 866
Cost-benefit, 54, 83, 96, 100, 107, 197, 595, 601, 613, 642, 650, Profit, 35, 54, 64, 70, 83, 84, 119, 121, 126, 134, 135, 136, 149, 150,
755, 756 159, 196, 244, 280, 393, 411, 600, 630, 678, 679, 687, 688, 711,
Customer service, 576, 894, 936 715, 743, 756, 800, 813, 866, 867, 903, 961, 971, 988, 989,
Decision making, 477, 516 1000, 1001
Diminishing returns, 711, 715, 722, 723, 760 Profit maximization, 57, 154, 166, 168, 197, 200, 292, 303, 305, 306,
Egg production, 228 307, 314, 323, 324, 325, 336, 340, 344, 348, 349, 350, 351, 353,
Electrical power use, 182, 614, 951 426, 683, 686, 729, 734, 753, 760, 761, 762, 765, 848, 849, 852,
Employee age and gender, 475, 476, 481, 484, 486 979, 983
Employee evaluation, 517 Project teams, 509
Expense accounts, 218 Property development, 482, 741, 945
Franchise growth, 835 Publicity, 576
Fundraising, 138 Purchasing, 70, 329
Hiring, 496, 511, 529 Purchasing electric power, 951
Hospital administration, 137 Quality control, 472, 476, 477, 491, 495, 496, 499, 513, 516, 517, 528,
Hotel pricing, 765 529, 538, 539, 540, 563, 564, 571, 576, 579, 936, 948, 949
Human resources, 576 Rentals, 35, 70, 117, 118, 160, 244, 447, 475, 484, 496, 530
Industrial consolidation, 367 Revenue, 35, 42, 54, 84, 85, 119, 126, 135, 158, 160, 199, 228, 387,
Insurance, 424, 446, 517, 540, 552, 553, 556, 563, 572, 574, 576 393, 562, 576, 579, 600, 620, 629, 639, 641, 642, 650, 651, 658,
Interdepartmental costs, 270, 271 661, 663, 665, 671, 672, 674, 686, 687, 688, 689, 710, 743, 745,
Inventory, 249, 476, 571, 737, 740, 744, 761, 763, 903, 986 756, 760, 812, 813, 818, 821, 824, 831, 834, 843, 849, 866,
Job bidding, 486 949, 997
Job effectiveness, 53 Revenue maximization, 156, 197, 295, 325, 345, 724, 725, 733, 761,
Joint cost, 972, 977 763, 765
Labor efficiency, 219 Rewards for employees, 515
Loss, 54 Safety, 192, 478, 801, 812
Maintenance costs, 948 Salaries, 70, 411, 412, 459, 484, 551, 552
Management, 218, 219, 290, 305, 475, 476, 477, 511, 516, 529, 539 Sales, 217, 456, 511, 516, 552, 563, 600, 612, 613, 756, 862
Manufacturing, 84, 259, 267, 275, 286, 290, 291, 302, 303, 304, Sales decay, 382, 384, 391, 392, 398, 399, 782, 813
305, 314, 322, 323, 324, 325, 333, 344, 345, 348, 349, 935, Sales growth, 390, 393, 394, 398
989, 998 Sales promotion, 475
Marginal cost, 120, 126, 135, 136, 673, 675, 676, 681, 772, 775, 783, Scheduling, 290, 303, 304, 323, 333, 334, 335, 336, 340, 344
812, 963, 972, 977 Shadow prices, 304, 319, 353
Marginal profit, 120, 126, 135, 678, 679, 681, 682, 689, 760 Shipping, 305, 323
Marginal return to sales, 690, 965 Starbucks stores, 401
,Telecommunications, 399, 581, 881, 893, 915, 918 Unemployment, 550
Ticket sales, 244 Utility, 958, 961, 971, 990, 993, 997, 999, 1000, 1001
Time study, 49 Work force, 83, 101, 106, 161, 207, 381, 485, 616, 652, 686, 724, 756,
Transportation, 27, 245, 252, 258, 259, 276, 352 776, 815, 835
Unions, 161, 218, 666
Utilities, 94, 95, 178, 182, 197, 529, 601, 625 Finance
Warranties, 936 Amortization, 449, 450, 454, 455, 456, 457, 458, 460, 461, 959
Wilson’s lot size formula, 960, 971 Annuities, 49, 427, 428, 429, 430, 431, 434, 435, 436, 437, 438, 439,
Wireless service spending, 71, 882, 893 440, 445, 446, 447, 448, 459, 460, 613
Annuities due, 433, 435, 442, 443, 446
Economics APY, 418, 424, 459, 461
Balance of trade, 206, 210, 217 ATM transactions, 515
Budget deficit, 193 Banks, 85, 91, 305, 511, 516
Cobb-Douglas production function, 955, 958, 961, 974, 978, 994, 995, Bond pricing, 440
997, 1001 Bonds, 441, 446, 447, 460, 461, 462, 552
Competitive market, 975 Budgeting, 323, 563
Competitive products, 976, 1003 Capital value, 929, 935, 949
Complementary products, 976 College savings, 412, 414, 418, 423, 424, 435, 436, 448, 459, 461, 462
Consumer expenditure, 41, 106, 117, 630, 743, 1001 Compound interest, 19, 33, 367, 368, 393, 398, 412, 414, 415, 417,
Consumer price index, 36, 95, 188, 364, 368, 710, 723, 785, 825, 845 423, 458, 459, 460, 461, 462, 777, 779, 811, 812, 844, 861
Consumer’s surplus, 908, 909, 912, 914, 915, 920, 948 Consumer credit, 397
Continuous income streams, 883, 889, 893, 904, 905, 913, 914, 920, Court settlements, 443, 447, 461
921, 924, 927, 943, 948, 949 CPA exam, 564
Demand, 122, 128, 135, 136, 161, 162, 163, 167, 182, 197, 199, 387, Credit cards, 69, 517, 518
392, 393, 569, 612, 629, 642, 653, 657, 659, 665, 687, 776, 785, Debt, 218, 450, 454, 455, 458, 461
792, 795, 800, 813, 869, 903, 943, 944, 975, 979, 1001 Debt refinancing, 82
Dow Jones averages, 7, 19, 73, 82, 601, 736 Deferred annuities, 444, 448
Economy models, 260, 266, 276, 278 Delinquent accounts, 486, 490
Elasticity of demand, 802, 803, 804, 805, 809, 812, 813 Depreciation, 69, 86, 94, 95, 136, 426, 892
Employment, 496 Doubling time, 371, 381, 419
Gasoline mileage and prices, 552, 571 Earnings, 660, 709
Gini coefficient of income, 895, 899, 904, 927, 944, 950 Future value, 53, 458
Gompertz curves, 382, 393, 398, 863 Future value of annuities, 427, 428, 429, 430, 431, 434, 435, 436, 459
Gross domestic product, 182, 192, 643, 660, 724, 863 Future value of income stream, 907, 914
Income distribution, 894, 899, 904, 927, 944, 948, 950 Future value of investments, 33, 53, 62, 357, 359, 367, 393, 398, 410,
Indifference curves, 958, 961 414, 423, 424, 425, 459, 460, 782, 959
Inflation, 362, 392, 397, 426, 812, 814, 836, 837, 864 Home equity loans, 463
Job growth, 7 Income levels, 529
Leontief input-output models, 260, 261, 262, 263, 264, 266, 269, 270, Income stream, 913, 914, 920, 921, 924, 927, 943, 948, 949
271, 272, 276, 278 Investing, 26, 33, 35, 41, 62, 65, 70, 110, 118, 134, 136, 239, 244,
Lorenz curves, 894, 904, 927, 944, 950 245, 246, 259, 275, 277, 278, 325, 357, 359, 367, 368, 369, 371,
Marginal demand, 976, 1000 381, 393, 398, 404, 405, 410, 415, 417, 419, 423, 424, 425, 435,
Marginal productivity, 973, 974 436, 446, 459, 460, 462, 659, 775, 862, 866, 959
Marginal return to sales, 690, 965 Loans, 53, 82, 118, 244, 410, 411, 450, 453, 454, 455, 456, 457, 458,
Marginal utility, 971 459, 460, 463, 1001
Market equilibrium, 123, 124, 128, 135, 161, 162, 163, 167, 197, 199 Mortgages, 76, 81, 133, 449, 450, 456, 457, 462, 464, 960, 970
Market equilibrium after taxes, 125, 130 Mutual funds, 394, 516
Monopoly market, 910 Net worth, 579
National consumption, 665, 850, 851, 853, 866, 867 Perpetuities, 613
National debt, 368, 392, 614, 763, 783 Personal income, 19
Oil imports, 881, 894, 950 Present value, 19, 410, 458, 906, 914, 927, 943
Open and closed economies, 264, 266, 269, 271, 278 Present value of annuities, 437, 438, 445, 446, 448
Optimization in business, 691 Purchasing a home, 464
Personal income, 14, 19, 368, 399, 631, 637, 784, 825, 845 Real estate, 117, 551, 836, 837
Producer’s surplus, 911, 912, 915, 920, 927, 948, 949 Retirement planning, 95, 160, 424, 425, 435, 436, 446, 447, 448, 461,
Purchasing power, 362, 364, 392, 393, 784, 813 462, 951, 989, 999
Social Security benefits, 82, 141, 146, 149, 399 Savings, 410, 425, 435, 436, 448, 459, 460, 948, 999
Supply, 122, 128, 135, 136, 161, 162, 163, 167, 197, 199, 392, 393, Simple interest, 41, 404, 405, 410, 411, 458, 459, 460, 461
687, 775, 800, 869, 944 Sinking funds, 431, 435, 436, 459
Taxation, 15, 70, 71, 73, 76, 94, 107, 125, 130, 150, 182, 183, 186, Stock market, 5, 7, 19, 368, 393, 410, 415, 424, 425, 460, 529,
193, 279, 601, 602, 606, 613, 660, 761, 808, 810, 812, 813, 601, 813
904, 1000 Taxes, 15, 70, 71, 73, 94, 107, 124, 130, 279, 280, 601, 602, 606, 613,
Tourism spending, 150, 181, 399, 635, 784, 882, 927 660, 904
, NINTH EDITION
Mathematical
Applications
for the Management, Life, and Social Sciences
