The Price of Crude Oil in the Past Can Be $P(t)=40-(t-4)^{2}$

question 76

Short Answer

The price of crude oil in the past can be approximated by $P(t)=40-(t-4)^{2}$ , where P(t)is measured in $US/barrel, and time t is measured in months, with t = 0 on July 1, 1990.In the same time period, Saudi Arabia produced oil at a rate approximated by $R(t)=160+30 \arctan (t-3)$ (measured in million barrels per month).Assume that the oil is sold continuously two months after its production.How many billions of dollars did Saudi Arabia get for the oil it produced in the last 6 months of 1990? Round to 1 decimal place.

Comprehend the concept and purpose of decision-making leave and positive discipline in the workplace.

Identify the role of counseling and Employee Assistance Programs (EAPs) in rehabilitating troubled employees.

Recognize the importance of confronting troubled employees with evidence and providing them a fair chance to respond.

Understand the significance of supervisors being calm and objective when administering discipline.

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Definitions:

Petty Cash Fund

A little bit of readily available money intended for covering small costs.

General Journal Entry

A record in the general journal that documents financial transactions, including date, accounts affected, amounts, and description.

Transportation-In

Costs associated with bringing inventory to its current location and condition, typically considered part of inventory costs.

Internal Control

Processes and procedures implemented to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.