In manufacturing a kerosene stove, it is necessary to make two half-inch holes in No. 22 gage metal. If these are drilled with the help of a jig, each hole will require one minute. The jig
Q: DBM Industries produces exclusively an SP Juice in the market under the name DBM Sparkle . The…
A: A competitive firm is one that has a large number of buyers and sellers, selling homogenous goods.…
Q: 1. Use the first four steps of the decision-making process to generally describe the alternatives…
A: A process of making a clear option on what is the best alternative to make a decision is…
Q: Between 2012 and 2013, the cost of a typical consumer’s market basket in Quarterville increased from…
A: Index number shows the change in a variable over time. It can be calculated as follows: Here, I01 =…
Q: Andria Mullins, financial manager of Webster Electronics, has been asked by the firm's CEO, Fred…
A: Carrying cost of inventory alludes to the complete cost of holding inventory.
Q: Five years ago, Arlington Industries expanded vertically by acquiring one of its suppliers, Raddix…
A: Formula for unit contribution margin is, Unit contribution margin = Sales per unit - Total variable…
Q: A coal-fired power plant can produce electricity at a variable cost of $0.04 per kilowatt-hour when…
A: Cost is the value of money which has in turn been used up in order to produce something or…
Q: A manufacturer of leather goods must decide whether to expand his plant capacity no or wait at least…
A: Expected loss measures the average loss firm can bear in a given situation.
Q: Next week will be a very important week for FAP company. The company decided to go live online, to…
A: All of the options provide with the aim of development.
Q: Suppose that the total cost of manufacturing r units of a certain commodity is C(x) = 2r + 6.r + 12.…
A: Note: We will answer the first one as the exact one was not specified. Please submit a new question…
Q: You are the manager in charge of global operations at BankGlobal – a large commercial bank that…
A: Total profit is the difference between the total cost and the total revenue. Total revenue is the…
Q: A machine that produces a certain piece must be turned off by the operator after each piece is…
A: Given:- Machine produces=50,000 pieces Operator earns=$2 Brake require servicing=After 587 hours…
Q: A company is using break-even analysis to determine how many units of a new product must be sold for…
A: The break-even point in a production process is a level of operations at which the revenue generated…
Q: You are the operations manager for a production company. You are given the technical rate of…
A: MRTS = change in capital ÷ change in labor
Q: Show that the two-input CES production(attached) has DRS, CRS, or IRS depending on whether B (beta)…
A:
Q: Ahlia Co manufactures mobile phones. It has been extremely saccessful in the past, but the market…
A: P1=$110 Q1=20,000 phones P2=$100 Q2=22,000 phones MC=$60 1. To find demand function, we will use…
Q: is correct. Need the one correct answer
A: The rate at which the prices of goods and services increase in an economy is referred to as…
Q: Superior Metals Company has seen its sales volume decline over the last few years as the result of…
A: Fixed cost = $250000 Variable costs = $5 Selling price = $10 Increase in production = 10% Reduced…
Q: On September 2, 2021, the Malaysian government set a ceiling retail price of RM19.90 for COVID-19…
A: In a competitive market, the equilibrium price and quantity of a good are determined at a point…
Q: Bitcoin depends on miners to the following functions, except : store and broadcast the block chain…
A: Bitcoin mining is the interaction by which Bitcoin exchanges are approved carefully on the Bitcoin…
Q: a. Write a rule for the amount she would receive (revenue), R dollars, from selling s stockings and…
A: Given is the information : =>Cost of making and delivering 3 stockings =$125 => Cost of…
Q: Under a periodic inventory system, freight-in on inventory purchases is normally added to the…
A: True Periodic inventory system has been estimated as the freight in on inventory purchases and…
Q: The time to assemble the first unit on a production line is 13 hours. The learning rate is 0.81.…
A: We use the following formula to get the number of hours needed for the eighth unit to be assembled.…
Q: 43% of small businesses are either not tracking inventory or using manual processes, such as…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: You are scheduling production of your popular Rustic Coffee Table. The table requires a top, four…
A: MRP usually stands for material requirements planning, and it is a method that assists manufacturers…
Q: Owing to the rising cost of copper, in 1982 the U.S. Mint changed the composition of pennies from…
A: Currency: Currency can be defined as a medium of exchange used for trading goods and services. A…
Q: Courtney Kamauf schedules production of a popular Rustic Coffee Table at Kamauf Enterprises, Inc.…
A: Manufacturing is the act of making or constructing commodities and services. The corporation…
Q: Phillips Industries manufactures a certain product that can be sold directly to retail outlets or to…
A: Hi, thanks for the question. Since there are multiple subparts in the questions posted, we will…
Q: A company that manufactures oximeters (devices that are placed on the fingers to measure the amount…
A: Year- August 2020 Total output= 10,000 units Working days= 25 days working hour/ day= 9.5 hour…
Q: WAVERS Inc. is a California based firm that specializes in the manufacturing of high- end…
A:
Q: Using the following variables: Company Sales Force Commission of 3% and $500,000 in…
A: Given the sales force commission =3% Break-even sales volume = $50 million
Q: It costs a firm $200 per unit to produce product A and $350 per unit to produc together at $500 per…
A: There two type of action in which firm can work (i) scale and (ii) scope , if the firm work good in…
Q: To reduce shipping distances between the manufacturing facilities and a major consumer, a Korean…
A: * SOLUTION :-
Q: The branch manager of an international bank in Kuala Lumpur, Malaysia, has received a memorandum…
A: Null and alternative hypothesis are two mutually exclusive statements for a population about a…
Q: The Kalo Fertilizer Company makes a fertilizer using two chemicals that provide nitrogen, phos-…
A: Objective Function 3X1 = cost of ingredient 1 5X2 = cost of ingredient 2 Min Z = 3X1+X2 Subject to…
Q: The cost of making a packet of the food in the year 2015 is RM20. Calculate the corresponding cost…
A: Given information 4 Raw material for food preparation Prices in year 2015 and in year 2017 Price…
Q: A local firm sells pairs of pants at P1,514 each. The cost of manufacturing and marketing them is…
A: Given information, Selling price per unit = P1,514 Variable cost per unit = P509 Fixed costs =…
Q: A local college is deciding whether to conduct a campus beautification initiative that would involve…
A: In order to decide whether to undertake a project or not, the benefit and costs of the project…
Q: Payless Shoe Source sees a 35 per cent increase in sales of its athletic shoes during a 1 week,…
A: Change in demand refers to a situation when there is any effect on demand due to change in any…
Q: The Action Toy Company has decided to manufacture a new train set, the production of which is broken…
A: Answer - "Thank you for submitting the question. But, we are authorized to solve only 3 sub parts…
Q: he time to assemble the first unit on a production line is 11 hours. The learning rate is 0.86.…
A: Given: First Unit (T₁) = 11 We need to find T5 (fifth unit). Formula for the learning curve would be…
Q: Q4 (i) A business manager determines that t months after production begins on a new product, the…
A: We are authorized to answer one question at a time since you have not mentioned which question you…
Q: as a potential Critical X.
A: Answer: Considering the given data set A, if there is an increase in X, there is a considerable…
Q: The power-take-off (PTO) connects an implement, such as a sprayer or mower, to a farm tractor and…
A:
Q: An electronics firm produces two models of pocket calculators: the A-100 (A) and the B-200 (B). Each…
A: The time constraint for the electronic firm to produce two models of pocket calculators can be…
Q: A local restaurateur who had been running a profitable business for many years recently purchased a…
A: Given : The liquor license gives the legal right to the owner to sell wine, beer, spirits in the…
Q: A firm producing a single product has three plants and four customers. The three plants will produce…
A: A balanced transportation problem is one in which the supply is equal to the total demand. A firm is…
Q: HomeGrown is a small restaurant that specializes in serving local fruits, vegetables, and meats. The…
A: The marginal benefit for each year is $1,000 The marginal cost can be calculated as follows:
Please answer this ASAP
Step by step
Solved in 4 steps
- The monthly demand for ice cans being manufactured by Mr. Camus is 3200pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electricallyoperated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 andwhich cuts by 30% the unit cutting cost. Disregarding the cost of money, how manymonths will Mr. Camus be able to recover the cost of the machine if he decides to buynow?· A. 10 months· B. 11 months· C. 12 months· D. 13 monthsA young industrial engineer analyzed some equip- ment to replace one production worker. The present worth of employing one less production worker just equaled the present worth of the equipment costs, assuming a 10-year useful life for the equipment. It was decided not to buy the equipment. A short time later, the production workers won a new 3-year union contract that granted them an immediate 40¢-per-hour wage increase, plus an addi- tional 25¢-per-hour wage increase in years 2 and 3. Assume that in future years, a 25¢-per-hour wage increase will be granted. (a) By how much does the present worth of replac- ing one production employee increase? Assume an interest rate of 8%, a single 8-hour shift, and 250 days per year. (b) What are the ethical issues of replacing workers with advanced technologies from the firm's, the workers', and society's perspective?Your firm has discovered a cheap and efficient technology of turning used plastic bottles and bags into various products. You limit your attention to the following two production options: you can produce plastic utensils or helmets. In the "utensils" case your estimat ann revenue $25,000, while production will cost you $8,000. However, in your "helmets" option, you expect to sell 2000 helmets every year at $10 each and the average total cost of every helmet will be $3. What is your accounting ?profit if you decided to produce helmets
- In the design of a jet engine part, the designer has a choice ofspecifying either an aluminium alloy casting or a steel casting. Either materialwill provide equal service, but the aluminium casting will weigh 1.2 kg ascompared with 1.35 kg for the steel casting.The aluminium can be cast for $. 80.00 per kg. and the steel one for$ 35.00 per kg. The cost of machining per unit is $. 150.00 for aluminiumand $. 170.00 for steel. Every kilogram of excess weight is associated witha penalty of $. 1,300 due to increased fuel consumption. Cost of using aluminium metal for the jet engine part?Learning Rate: 0.55 Hourly Wage $30 /hr Steady State Hours 40 hours Number of Iterations to 6 reach Steady State Yy = aXb Log LR Log 2 b What is the cost for completing the activity the Third Time ? O $1,680.85 O $2,181.82 $3,254.21 O $4,335.54 $5,627.74 O $6,093.74 $7,351.38 O $8,264.98 $9,376.271 Enthle works in a call centre in Woodstock, Cape Town for 45 hours per week. Enthle earns a total of R4 725 per week and exerts an effort level of 0.6. This effort level translates into a disutility of effort cost equal to R35 per hour. In the event that Enthle loses her job, she knows it will take her 6 weeks to find another job at the same pay. UIF provisions also state that Enthle may claim R40 per hour for the first 6 weeks of her unemployment in the event that she loses her job Assume that call centres across the country decide to implement automatic menus for when customers call in, meaning that the number of call centre operators required decreases. This leads to an oversupply of call centre workers, and an extension of the expected duration of unemployment for Enthle to 10 weeks. Furthermore, due to the emotional stress of a retrenchment process, Enthle will suffer a psychological cost equivalent to R10 per hour if she loses her job. All other parameters remain unchanged. (d)…
- E3 Your company plans to raise price on product A by 5% per year. Due to competition, sales volume from product A is expected to decline at 10% per year. Revenue will be $5M for this year. Alternatively, based on the projection from the marketing department, you may reduce the sales volume decline from 10% to 5% if the price is kept unchanged. The product will be discontinued at the end of year 5 for both scenarios. If the firm's TVOM is 10%, Determine the revenue cash flow streams for both alternatives. What is the Excel financial function to compute PW of the revenue streams?The ore of a gold mine in the Mountain Province contains, on the average, 0.5 gram of gold per ton. One method of processing costs Php 1,650 per ton and recovers 93% of the gold, while another method costs only Php 1,500 per ton and recovers 81% of the gold. If gold can be sold at Php 8,500 per gram, which method is better and by how much? Hint: Consider the income and cost per ton of ore. Solve for the net receipt of each method. Note: Write only A or B for the better method (first blank). Input numerical answers only on the savings (second blank), do not type the units, space or comma. Answers: Better method Savings: PhpThe monthly demand for ice cream cans being manufactured by Mr. Rivera is 3,200 pcs.With a manually operated guillotine the unit cutting cost is Php 50.00. An electricallyoperated hydraulic guillotine was offered to him at a price of Php 300,000 and whichreduced by 30% the unit cutting cost. Disregarding the cost of money, how manymonths will Mr. Rivera be able to recover the cost of the machine if he decides to buynow? Engineering Economics
- seve LA If a society has 250 million people over the age of 16, 145 million who are working, and 5 million who are looking for work, with 100 million others neither working nor looking for work, the labor force participation rate is Multiple Choice 42% ((5+100)/250) O 60% (150/250) 40% (145/250) 58% (145/250)Please no written by hand and no emage An automobile dealer can sell 8 sedans per day at a price of $20,000 and 4 SUVs (sport utility vehicles) per day at a price of $25,000. She estimates that for each $400 decrease in price of the sedans she can sell two more per day, and for each $600 decrease in price for the SUVs she can sell one more. If each sedan costs her $16,800 and each SUV costs her $19,000, and fixed costs are $1,100 per day, what price should she charge for the sedans and the SUVs to maximize profit? [Hint: Let x be the number of $400 price decreases for sedans and y be the number of $600 price decreases for SUVs, and use theSmith Equipment has three separate shipments to customers all in the same city. The shipment welights are 20,000 Ibs. 25,000 bs, and 10,000 ibs. Smith Equipment's carrier charges $14 per hundredwelght (cwt) if each shipment is sent separately. If the three shipments are consolidated at Smith Equipment's warehouse and sent in a single truck, the carrier charges $11 per cwt with a $500 consolldated dellvery fee per destination added. Assume the carrler promises one-day delivery on the separate shipments, and two-day dellvery on the consoldated shipment. If shorter delivery time is important to these customers, Smith Equipment should Multiple Choice O consolidate the shipments because the savings is substantial O consolidate the shipments even though the savings are minimal send the shipments separately even though this is asightly more expensive option send the shipments separately even though this is a significantly more expensive option