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Company X currently has 15,000 components in inventory, and company Y currently has 16,000 components in inventory. The number of components produced by company X and the number of components produced by company Y are increasing monthly, each at its own constant rate. Forecasters project that if each company continues to produce an increased number of components at its constant rate, in 20 months both companies will have the same number of components for the first time. Thereafter, in subsequent months, company X will have more components in inventory than company Y.
In the following table, indicate by appropriate selections in the first and second columns which of the rates of increase in the third column is a rate of increase for company X, and which is a rate of increase for company Y that together are consistent with the forecasters' performance projections.
Make only two selections, one in each column.
  • a)
    A, E
  • b)
    B, C
  • c)
    D, D
  • d)
    A, C
  • e)
    D, C
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
Company X currently has 15,000 components in inventory, and company Y ...
Let
x
= the rate of increase for company X, and
y
= the rate of increase for company Y. Given that the number of components in inventory for the two companies will be equal in 20 months, set up an equation and solve for
x
in terms of
y.

This result tells you that company X's rate is 50 greater than company Y's rate. The only selections in the table where company X's rate is 50 greater than company Y's is 250 and 200, respectively.
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Often it was believed that super intelligence leads to financial success, but a study by Malcolm Gadwall identified determination as the most important predictor of success. It certainly helps to be smart, but there are plenty of people as smart as Bill Gates who have achieved next to nothing. The study further concluded that there are aspects called components of determination that are more relevant than others, and more importantly, some of these components can be cultivated while others are innate. One of these components sheer willfulness, the desire to get something when you want it, no matter what is most important. Unfortunately, the study concluded that a good deal of willfulness must be inborn because it is common to see families in which one sibling has much more of it than the other sibling. Circumstances can alter it, but at the high end of the scale, nature seems to be more important than nurture. But a strong willed person needs to be disciplined and not self-indulgent, making discipline the second component of determination. Hence, determination implies your willfulness is balanced by discipline. This is because the stronger your will, the less anyone will be able to argue with you except yourself, and someone should argue with you because everyone has base impulses, but if you have more will than discipline youll just give into these impulses and as a result end up on a local maximum such as drug addiction. Another important thing that the study concludes is that discipline can be cultivated, and in fact does tend to vary quite a lot in the course of an individuals life, and since determination is the product of will and discipline, you can become more determined by being more disciplined. The last component that the study discovered another malleable one is ambition. If willfulness and discipline are what get you to your destination, ambition is how you choose it and the fact that ambition is malleable means there is a lot you can do to increase it. Hence to summarize, determination consists of willfulness balanced with discipline and aimed by ambition - fortunately at least two of these three qualities can be cultivated.The author is primarily concerned with:Acomparing and contrasting the roles played by intelligence and determination as a predictor of financial success.

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Company X currently has 15,000 components in inventory, and company Y currently has 16,000 components in inventory. The number of components produced by company X and the number of components produced by company Y are increasing monthly, each at its own constant rate. Forecasters project that if each company continues to produce an increased number of components at its constant rate, in 20 months both companies will have the same number of components for the first time. Thereafter, in subsequent months, company X will have more components in inventory than company Y.In the following table, indicate by appropriate selections in the first and second columns which of the rates of increase in the third column is a rate of increase for company X, and which is a rate of increase for company Y that together are consistent with the forecasters performance projections.Make only two selections, one in each column.a)A, Eb)B, Cc)D, Dd)A, Ce)D, CCorrect answer is option 'E'. Can you explain this answer?
Question Description
Company X currently has 15,000 components in inventory, and company Y currently has 16,000 components in inventory. The number of components produced by company X and the number of components produced by company Y are increasing monthly, each at its own constant rate. Forecasters project that if each company continues to produce an increased number of components at its constant rate, in 20 months both companies will have the same number of components for the first time. Thereafter, in subsequent months, company X will have more components in inventory than company Y.In the following table, indicate by appropriate selections in the first and second columns which of the rates of increase in the third column is a rate of increase for company X, and which is a rate of increase for company Y that together are consistent with the forecasters performance projections.Make only two selections, one in each column.a)A, Eb)B, Cc)D, Dd)A, Ce)D, CCorrect answer is option 'E'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Company X currently has 15,000 components in inventory, and company Y currently has 16,000 components in inventory. The number of components produced by company X and the number of components produced by company Y are increasing monthly, each at its own constant rate. Forecasters project that if each company continues to produce an increased number of components at its constant rate, in 20 months both companies will have the same number of components for the first time. Thereafter, in subsequent months, company X will have more components in inventory than company Y.In the following table, indicate by appropriate selections in the first and second columns which of the rates of increase in the third column is a rate of increase for company X, and which is a rate of increase for company Y that together are consistent with the forecasters performance projections.Make only two selections, one in each column.a)A, Eb)B, Cc)D, Dd)A, Ce)D, CCorrect answer is option 'E'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Company X currently has 15,000 components in inventory, and company Y currently has 16,000 components in inventory. The number of components produced by company X and the number of components produced by company Y are increasing monthly, each at its own constant rate. Forecasters project that if each company continues to produce an increased number of components at its constant rate, in 20 months both companies will have the same number of components for the first time. Thereafter, in subsequent months, company X will have more components in inventory than company Y.In the following table, indicate by appropriate selections in the first and second columns which of the rates of increase in the third column is a rate of increase for company X, and which is a rate of increase for company Y that together are consistent with the forecasters performance projections.Make only two selections, one in each column.a)A, Eb)B, Cc)D, Dd)A, Ce)D, CCorrect answer is option 'E'. Can you explain this answer?.
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Thereafter, in subsequent months, company X will have more components in inventory than company Y.In the following table, indicate by appropriate selections in the first and second columns which of the rates of increase in the third column is a rate of increase for company X, and which is a rate of increase for company Y that together are consistent with the forecasters performance projections.Make only two selections, one in each column.a)A, Eb)B, Cc)D, Dd)A, Ce)D, CCorrect answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Company X currently has 15,000 components in inventory, and company Y currently has 16,000 components in inventory. The number of components produced by company X and the number of components produced by company Y are increasing monthly, each at its own constant rate. Forecasters project that if each company continues to produce an increased number of components at its constant rate, in 20 months both companies will have the same number of components for the first time. Thereafter, in subsequent months, company X will have more components in inventory than company Y.In the following table, indicate by appropriate selections in the first and second columns which of the rates of increase in the third column is a rate of increase for company X, and which is a rate of increase for company Y that together are consistent with the forecasters performance projections.Make only two selections, one in each column.a)A, Eb)B, Cc)D, Dd)A, Ce)D, CCorrect answer is option 'E'. Can you explain this answer? tests, examples and also practice GMAT tests.
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