ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.31 : In a biochemical engineering company, let the actual revenue generated = A, actual cost incurred = B. According to the standard budget, the revenue generated = C, cost incurred = D. (a) Find the profit according to : (i) actual situation; (ii) standard budget. (b) Calculate the Variance Due to Price and Efficiency in : (i) revenue generated; (ii) cost incurred; (iii) profit. (c) If E > F where > represents : more than, find the 4 pairs of values of E and F in favorable conditions.
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.31 : (a)(i) actual profit = A - B; (ii) budgeted profit = C - D; (b)(i) revenue variance = A - C or C - A; (ii) cost variance = B - D or D - B; (iii) profit variance = (A - B) - (C - D) = A + D - B - C or (C - D) - (A - B) = C + B - D - A. (c) Favorable conditions will generate more profits according to actual situation, then A > B, C > D, A > C, D > B. The paired values of E - F are : A - B, C - D, A - C, D - B. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
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Question 88 - In the calculation of the growth of bacteria, colony forming unit (CFU) in serial dilution is used. In a laboratory, viable count assay is used to estimate CFU. Formula applied is CFU / mL = (number of colonies x dilution) / (amount plated, in unit mL). Acceptable plate count is either between 20 and 200 or between 30 and 300 according to 2 different references. A wastewater sample of 200 ml is added to and mixed with 1.8 L of sterile water. Another 200 ml of the mixture is added to and mixed with 1.8 L of sterile water. (a) Calculate the dilution of first mixture and the dilution of the second mixture. (b) 100 microlitres of wastewater samples from the first mixture and the second mixture are placed separately on 2 different alga plates. The first plate has 250 colonies and the second plate has 23 colonies. Calculate the average CFU / mL.
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QUANTUM BIOLOGY - EXAMPLE 33.4 : (a) According to Landauer (1986), the capacity of human memory is approximately X bits. Assume that a human retains 2 bits / second of visual, verbal, tactile and musical memory, find the value of X if a human lifetime is approximately 2.5 billion seconds. (b) The total power consumption of the human brain is about 25 Watts. The bread of 100 grams will produce 1000 kilojoules of energy. How much bread is needed to run a human brain for 1 day?
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QUANTUM COMPUTING - EXAMPLE 32.3 : A system of linear congruences consists of 3 equations : X ≡ 1 (mod 3), X ≡ 3 (mod 5), X ≡ 4 (mod 6). X has positive values. (a) List the values of these equations from 1 to 35. Then find the minimum value of X. (b)(i) Find the least common multiple (LCM) of b = 3, 5 and 6 where X ≡ a (mod b). (ii) If b - a has the same value of all equations above, then X + (b - a) is divisible by LCM. Find the value of minimum value of X via LCM division.
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.13 (CORRECTION) : (i) In the Present Value Multiplication Rule, let PV = present value, Ra = interest rate for first discount, A = duration for first discount; Rc = interest rate for second discount, C = duration for second discount. Let PV = [ 1 / (1 + Ra) ^ A ] [ 1 / (1 + Rc) ^ C ] where ^ is the symbol of power : 3 ^ 2 = 3 x 3, 2 ^ 3 = 2 x 2 x 2. (a) For discounts involving 8 % / year for 3 years and 10 % / year for 9 years, find the value of PV. (b) If Re = interest rate for third discount, E = duration of third discount, form a mathematical equation of PV as a function of A, C, E, Ra, Rc, Re. Note : Discounts are available in the purchase of certain biochemical engineering instruments. (ii) Let R = nominal interest rate related to growth rate of money, r = real interest rate related to growth rate of purchase power. If I = inflation, where the unit of R, r and I is %, find the mathematical relationship of r as a function of R and I.
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