Select best answer, four mutually exclusive cost alternatives been evaluated by the AW which one should be selected: A- $13,562 per year B- $15,002 per year C- $17,322 per year D- $12,000 per year
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- What evaluation criterion is used in economic analysis?The pieces of equipment required to place 160 cubic yards of concrete in 1 day by experienced workmen are two gasoline engine vibrators and one concrete pump. If the vibrators cost $76 per day and the concrete pump costs $580 per day, the variable cost of the equipment per cubic yard of concrete is closest to: (a) $0.95 (b) $3.63 (c) $4.10 (d ) $4.60Q2: Select best answer, four mutually exclusive cost alternatives been evaluated by the AW which one should be selected: A- $13,562 per year B- $15,002 per year C- $17,322 per year D- $12,000 per year mativa ara
- Given that the relationship between the sales price for one of a company’s products and the quantity sold per month is D = 500 – 5p units where D is the demand or quantity sold per month and p is the unit price in dollars. The fixed cost is $1,000 per month, and the variable cost is $20 per unit produced. (a) Determine the optimal number of units that should be produced and sold per month. (b) What is the maximum profit per month related to the product? (c) What is the company’s range of profitable demand? Support your answers graphically.An industrial engineering consulting firm usually observes a 90% learning curve rate in the installation of enterprise level software with its clients. If the first installation required 75 hours, estimate the time required for (a) the fifth, (b) the tenth, and (c) the twentieth installations. (d) Research the AMCF Code of Ethics. How are these similar to and different from engineering society ethics statements from your discipline?An engineering firm recently conducted a study to determine its benefit and cost structure. Theresults of the study are as follows:B (Y) = 300Y − 6 Y 2C (Y) = 4 Y 2so that MB = 300 − 12Y and MC = 8Y. The manager has been asked to determine the maximum levelof net benefits and the level of Y that will yield that result.
- A building contractor can source door frames from either a nearby shop or a far-off forest area. The cost details are summarized in the table below. The total requirement of wood for the construction work is 75 tons. Find the best alternative for buying the wooden frames. Also find the economic advantage of the best alternative. Items Nearby Shop Far-off Forest Area Negligible Distance to site 900 km $100 Transportation cost per ton per km Material cost per ton Negligible $ 2,000 $ 1,250Plant design economics Only part (iii) required i.e plotABS engineering decided to build and new factory to produce electrical parts for computer manufacturers. They will rent a small factory for 2,000dhs per month while utities will cost 500dhs per month, they had to pay 8000hs for municipality for water and electricity connection fees. On the other hand they will rent production equipment at a monthly cost of 5,000hs they estimated the material cost per unit will be 20dhs, and the labor cost will be 10dhs per unit. They need to hire a manager and security for with a salary of 30,000 and 5,000dhs per month each. Advertising and promotion will cost cost them 3,500dhs per month Required 1- 2- Calculate the total Fixed cost 3- Calculate the total variable cost per unit- 4- If the machine max production capacity is 10000 units per month, what is the selling price they should set to break even monthly? 5 if they to earn a profit equal to 10.000 per month, for how much he should sell the unit? 6 What is the fixed cost per unit at maximum…
- All of the following are examples of noneconomic factors except: (a) Availability of resources (b) Goodwill (c) cost (d) Customer acceptance (e) None of the above a C dOffshore Petroleum's fixed costs are $2,500,000 and its debt repayment requirements are $1,000,000. Selling price per barrel of oil is $18 and variable costs per barrel are $10. (a) Determine the breakeven output (in dollars). (b) Determine the number of barrels of oil that offshore must produce and sell in order to earn a target (operating) profit of $1,500,000. (c) Determine the degree of operating leverage at an output of 400,000 barrels. (d) Assuming that sales of oil are normally distributed with a mean of 362,500 barrels and a standard deviation of 100,000 barrels, determine the probability that Offshore will incur an operating loss.A wireless monitored process has fixed cost of $40,000 per year and variable cost of $30 per unit. An IoT-based process using “Internet of Things” technology has fixed costs of $80,000 per year. If the two processes break even at a production level of 4000 units per year, the variable cost of the IoTbased process is closest to: (a) $10 per unit (b) $20 per unit (c) $30 per unit (d) $40 per unit