LIST OF APPLICATIONS BUSINESS AND ECONOMICS Compact disc sales, 1003 Effect of advertising on revenue, 974 Access to capital, 476 Company sales, 68, 323, 326, 330 Effect of advertising on sales, 612, 693, 759, 763, 797, Accumulated value of an income stream, 1012 Complimentary commodities, 1067, 1072 853, 901, 975 Accumulation years of baby boomers, 721 Computer-aided court transcription, 540 Effect of housing starts on jobs, 719 Adjustable-rate mortgage, 318 Computer game sales, 1049 Effect of inflation on salaries, 291 Advertising, 56, 180, 182, 183, 192, 195, 235, 254, Computer resale value, 994 Effect of luxury tax on consumption, 718 370, 488, 759, 1057, 1060 Computer sales projections, 930 Effect of mortgage rates on housing starts, 603, 763 Ailing financial institutions, 653, 671 Consolidation of business loans, 290 Effect of price increase on quantity demanded, 754, Aircraft structural integrity, 783 Construction costs, 616 766 Airfone usage, 440 Construction jobs, 604 Effect of speed on operating cost of a truck, 759 Airline safety, 396 Consumer demand, 608, 705, 763, 908 Effect of TV advertising on car sales, 975 Airport traffic, 1042 Consumer price index, 693, 797, 907 Efficiency studies, 693, 804, 952 Air travel, 904 Consumption functions, 36, 589 Elasticity of demand, 729, 730, 732, 734, 735, 754 Allocation of funds 181, 194, 271 Consumption of electricity, 949 Electricity consumption, 290 Allocation of services, 517 Consumption of petroleum, 1023 E-mail services, 394 Alternative energy sources, 975 Corporate bonds, 290 E-mail usage, 613 Alternative minimum tax, 805, 861 Cost of drilling, 329 Employee education and income, 427 Amusement park attendance, 720, 1011 Cost of laying cable, 4, 8 Energy conservation, 966, 974 Annual retail sales, 620, 678 Cost of producing DVDs, 769, 820 Energy consumption and productivity, 654 Annuities, 298, 300, 302, 304, 905, 984, 989 Cost of producing guitars, 920 Energy efficiency of appliances, 881 Assembly-time studies, 387, 394, 406, 802, 804, 897, Cost of producing loudspeakers, 827 Establishing a trust fund, 1035 949 Cost of producing PDAs, 603 Expected auto sales, 465 Asset allocation, 181, 182, 194, 235, 236, 405 Cost of producing solar cell panels, 928 Expected demand, 464 ATM cards, 358 Cost of producing surfboards, 674 Expected home sales, 465 Auditing tax returns, 426 Cost of removing toxic waste, 705, 820 Expected product reliability, 464 Authentication technology, 61 Cost of wireless phone calls, 769 Expected profit, 456, 464 Auto financing, 959 Creation of new jobs, 719 Expected sales, 464 Automobile leasing, 304, 333 Credit card debt, 613, 921 Expressway tollbooths, 1046 Auto replacement parts market, 614 Credit cards, 333, 376 Factory workers’ wages, 505 Average age of cars in U., 824 Cruise ship bookings, 506, 719 Federal budget deficit, 596, 776 Average price of a commodity, 963, 1003 Custodial accounts, 989 Federal debt, 620, 838 Balloon payment mortgage, 317 Customer service, 387, 488 Female self-employed workforce, 833 Banking, 116, 584, 671, 919 Customer surveys, 440, 451 Financial analysis, 213, 316 Bidding for contracts, 371 Decision analysis, 45, 49 Financial planning, 305, 333 Bidding for rights, 549 Demand for agricultural commodities, 763 Financing a car, 301, 316, 317 Black Monday, 809 Demand for butter, 1045 Financing a college education, 989 BlackBerry subscribers, 612 Demand for commodities, 615 Financing a home, 305, 316, 317, 318, 763, 765 Book design, 616, 847 Demand for computer software, 1049 Fisheries, 693, 697 Bookstore inventories, 116 Demand for digital camcorder tapes, 995 Flex-time, 440 Box-office receipts, 78, 93, 131, 638, 705, 820 Demand for DVD players, 614, 908 Forecasting commodity prices, 763 Brand selection, 413 Demand for electricity, 40, 41, 63, 949 Forecasting profits, 763, 805 Break-even analysis, 44, 53 Demand for perfume, 881 Forecasting sales, 682, 930 Bridge loans, 289 Demand for personal computers, 719, 901 Foreign exchange, 131 Broadband Internet households, 37, 589 Demand for RNs, 803 401(k) retirement plans, 131, 405, 838 Broadband versus dial-up, 50 Demand for wine, 882 Franchises, 989, 1012 Budget deficit and surplus, 596, 776 Demand for wristwatches, 705, 719 Fuel consumption of domestic cars, 1024 Business spending on technology, 805 Depletion of Social Security funds, 839 Fuel economy of cars, 696, 772 Business travel expenses, 93 Depreciation, 31, 589, 879, 962 Gasoline consumption, 541 Buying trends of home buyers, 531 Designing a cruise ship pool, 1020 Gasoline prices, 815 Cable ad revenue, 620 Determining the optimal site, 1084 Gasoline sales, 114, 118, 120, 121, 165, 815, 1045 Cable TV subscription, 465, 768, 932, 962 Dial-up Internet households, 37 Gasoline self-service sales, 585 Calling cards, 61 Digital camera sales, 692 Gender gap, 588 Capital expenditures, 144, 316, 333 Digital TV sales, 804 Google’s revenue, 806 Capital value, 1035 Digital TV services, 22 Gross domestic product, 351, 674, 741, 763, 800, 820, Cargo volume, 790 Digital TV shipments, 620 835 Cash reserves at Blue Cross and Blue Shield, 806 Digital versus film cameras, 50 Growth in health club memberships, 713 CDs, 333 Disability benefits, 741 Growth of bank deposits, 584 Cellular phone subscription, 786 Disposable annual incomes, 611 Growth of HMOs, 605, 697, 808, 1004 Charter revenue, 610, 616, 848 Document management, 613 Growth of managed services, 785 Chip sales, 612 Double-declining balance depreciation, 327, 330 Growth of service industries, 1026 City planning, 515, 516, 642, 706 Downloading music, 405 Growth of Web sites, 860 Coal production, 961, 1003 Driving costs, 607, 638, 678 Health-care costs, 694, 921 Cobb–Douglas production function, 1066, 1071, 1096, Drug spending, 805 Health-care plan options, 358 1113 Durable goods orders, 393 Health club membership, 682, 713, 756 COLAs, 329, 589 DVD sales, 700, 921 Home affordability, 312, 475 Commissions, 654 Economic surveys, 351 Home equity, 310 Commodity prices, 654, 682, 882, 902, 1003 Effect of advertising on bank deposits, 802 Home mortgages, 310, 316, 333, 1054, 1059, 1060 Common stock transactions, 165, 290, 386, 570 Effect of advertising on hotel revenue, 805 Home prices, 835, 961 Commuter airlines, 1002 Effect of advertising on profit, 674, 763 Home refinancing, 317 (continued) List of Applications (continued) Home sales, 697 Maximizing sales, 1096 Price of replacement automobile parts, 614 Home shopping industry, 659 Meeting profit goals, 573 Price of wine, 882 Hotel chain growth, 972 Metal fabrication, 846 Pricing, 147, 568 Hotel occupancy rate, 603, 614, 718 Minimizing average cost, 829, 834, 853 Prime interest rate, 654 Households with microwaves, 903 Minimizing construction costs, 846, 853, 1095, 1096 Probability of engine failure, 489 Housing appreciation, 290 Minimizing container costs, 843, 853, 847, 1096 Producers’ surplus, 978, 980, 988, 995, 1011, 1025, Housing loans, 427 Minimizing costs of laying cable, 848 1049 Housing starts, 604, 719, 749 Minimizing heating and cooling costs, 1085 Product design, 847 Illegal ivory trade, 613 Minimizing mining costs, 181, 195, 275 Product reliability, 426, 428, 476, 505, 1046 Income distributions, 431, 987, 996 Minimizing packaging costs, 847, 853 Product safety, 392 Incomes of American families, 873, 884 Minimizing production costs, 834 Production costs, 732, 947 Income streams, 981, 982, 1012, 1033, 1035 Minimizing shipping costs, 8, 182, 183, 195, 253, 254, Production function, 1059 Indian gaming industry, 618 272 Production of steam coal, 1003 Industrial accidents, 472, 506 Money market mutual funds, 291 Production planning, 113, 126, 132, 133, 229, 235, Inflation, 291, 739 Money market rates, 450 238, 254, 267 In-flight service, 405 Morning traffic rush, 791 Production scheduling, 75, 89, 93, 176, 181, 182, 194, Information security software sales, 59 Mortgages, 310, 316, 317, 318, 333, 1010 210, 234, 235, 271, 272 Input–output analysis, 153, 155, 157, 158, 159, 161 Motorcycle sales, 117 Productivity fueled by oil, 882 Installment contract sales, 995 Movie attendance, 383, 393 Productivity of a country, 1071 Installment loans, 304, 333 Multimedia sales, 744, 809 Profit from sale of pagers, 603 Insurance claims, 117 Municipal bonds, 290 Profit from sale of PDAs, 603 Insurance probabilities, 435, 464 Mutual funds, 290, 333 Profit functions, 33, 36, 68, 200 Inventory control and planning, 109, 116, 464, 653, Net investment flow, 962 Profit of a vineyard, 616, 845 845, 846, 849, 854 Net-connected computers in Europe, 60 Projected retirement funds, 786 Investment analysis, 275, 275, 302, 305, 317, 352, New construction jobs, 708 Projection TV sales, 994 464, 465, 474, 475, 983, 989 Newsmagazine shows, 932 Promissory notes, 290 Investment clubs, 78, 79, 92, 93, 147 Newspaper subscriptions, 352 Purchasing power, 291 Investment in technology, 405 Nielsen television polls, 658, 672 Quality control, 370, 371, 376, 386, 393, 395, 399, Investment options, 288, 291, 350, 355, 367 Nuclear plant utilization, 21 409, 412, 420, 421, 424, 427, 428, 430, 434, 435, Investment planning, 78, 92, 196, 290 Nurses’ salaries, 60 439, 440, 477, 485, 486, 489, 503, 506, 509, 573, Investment portfolios, 116 Office rents, 835 920 Investment returns, 764 Oil production, 962, 974, 995, 1001 Racetrack design, 849 Investments, 78, 92, 105, 130, 271, 290, 352, 376 Oil production shortfall, 974 Rate comparisons, 290 IRAs, 288, 302, 317, 984, 989 Oil spills, 682, 718, 754, 932, 1020, 1049 Rate of bank failures, 744, 790, 838 Keogh accounts, 764, 995 Online banking, 60, 880, 904 Rate of change of cost functions, 722 Land prices, 1071, 1084, 1110 Online buyers, 692, 891 Rate of change of DVD sales, 700 LCDs versus CRTs, 50 Online hotel reservations, 852 Rate of change of housing starts, 749 Leasing, 49, 53 Online sales, 61, 291, 921 Rate of net investment, 1004 Life insurance premiums, 464 Online shopping, 61, 621 Rate of return on an investment, 290, 332 Life span of color television tubes, 1046 Online travel, 66 Real estate, 78, 92, 131, 287, 291, 942, 961, 1024 Life span of light bulbs, 1038, 1041 Operating costs of a truck, 759 Real estate transactions, 131, 403, 463, 465 Linear depreciation, 31, 36, 68, 589 Operating rates of factories, mines, and utilities, 831 Recycling, 375 Loan amortization, 316, 319, 884, 1054 Optimal charter flight fare, 848 Refinancing a home, 317, 318 Loan delinquencies, 506 Optimal market price, 878 Reliability of a home theater system, 428 Loans at Japanese banks, 881 Optimal selling price, 849 Reliability of computer chips, 901 Locating a TV relay station, 1082 Optimal selling time, 882 Reliability of microprocessors, 1046 Lorentz curves, 985, 986, 989, 1012 Optimal speed of a truck, 849 Reliability of robots, 1046 Machine scheduling, 165 Optimal subway fare, 842 Reliability of security systems, 428 Magazine circulation, 917 Optimizing production schedules, 194, 234, 236, 271 Resale value, 901 Management decisions, 79, 93, 104, 364, 370, 805, Optimizing profit, 211, 232 Retirement planning, 290, 304, 315, 317, 333, 995 983 Organizing business data, 109, 111 Revenue growth of a home theater business, 291 Manufacturing capacity, 595, 697, 790, 808, 831 Organizing production data, 109, 111, 132 Revenue of a charter yacht, 848 Marginal average cost function, 724, 725, 733, 734 Organizing sales data, 108, 120 Revenue projection, 465 Marginal cost function, 723, 733, 734, 952, 994, 995 Outpatient service companies, 922 Reverse annuity mortgage, 989 Marginal productivity of labor and capital, 1066 Outsourcing of jobs, 612, 717, 805 Robot reliability, 489 Marginal productivity of money, 1094 Packaging, 470, 499, 579, 616, 841, 843, 846, 853, Royalty income, 303 Marginal profit, 727, 733, 734, 951, 952 1084, 1085 Salary comparisons, 329, 330 Marginal propensity to consume, 734 PC shipments, 805 Sales forecasts, 579 Marginal propensity to save, 734 Pensions, 290, 291 Sales growth, 23, 329 Marginal revenue, 727, 733, 734, 881, 994 Perpetual net income stream, 1035 Sales of camera phones, 852 Market equilibrium, 46, 47, 48, 50, 53, 69, 615, 681, Perpetuities, 1032, 1033, 1035, 1049 Sales of digital signal processors, 619, 693 682, 980 Personal consumption expenditure, 734 Sales of digital TVs, 612 Market for cholesterol-reducing drugs, 57 Personnel selection, 371, 412, 436 Sales of drugs, 60, 66 Market research, 196 Petroleum consumption, 1023 Sales of DVD players vs.