Florida Generation owns two generating units with the following cost curve: C_ =15+1.4P, +0.04P; $/h, C, = 25 + 1.6P, + 0.02P; S/h, 50 sP, <150 200
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 building contractor is faced with the problem of possibly paying liquidation damages of PhP…
A: Building contractors Liquidated Damage = 20,000 per day for delay. No. of days left for contract…
Q: Suppose that the ABC Corporation has a production (and sales) capacity of $1,000,000 per month. Its…
A: Given: Production and Sales per month - $1,000,000 Fixed cost per month - $350,000 Variable Cost-…
Q: WA waste disposal company is considering getting into bio-disposal business. The incinerators cost…
A: Fixed costs refers to that expenses that do not change depending on how much is produced. Interest…
Q: TOSSEK Manufacturing is a company offering a variety of electric scooters utilizing lithium iron…
A:
Q: A local restaurateur who had been running a profitable business for many years, recently purchased a…
A: Given:- Cost of obtaining license=$90,000 Refundable amount of license=$75,000 Spend on…
Q: .To resolve the issue of Coronavirus testing, a city decided to set up a plant to produce low cost…
A: here we calculate the value P , by using the benefit cost ratio so the calculation of the following…
Q: In your own words, describe the life-cycle cost concept. Why is the potential for achieving…
A: Life cycle cost LCC is an analysis that is used in selecting the alternatives which impacts both…
Q: Identify the special cash flow category for each of the following.
A: Sunk Cost is defined as the cost that has been undertaken as a part of production and cannot be…
Q: You are asked to recommend whether a firm should make or purchase product A. The following are data…
A: here we calculate the following blank by using the given information , so the calculation of the…
Q: Company ABC can produce a certain transistor at a cost of ₱1.20 for labor, ₱2 for material and a…
A: Let the number of transistor be T Variable cost includes labor cost, material cost and other…
Q: ABC Corporation manufactures a certain product that sells for P5,000 each. The company’s maximum…
A: Given Price of the product P=5000 per unit. Production capacity =360 units per year Currently…
Q: For the following cost function TC = a + bQ – cQ2 + dQ3, determine the equations for TFC, TVC, AFC,…
A: Given: The cost function is: TC = a + bQ − cQ2 + dQ3 To Find: The equations for TFC, TVC, AFC, AVC,…
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=$4 Break require servicing=After 476 hours…
Q: Suppose the interest rate is 10%, Calculate the equivalent annual cost of the machine described in…
A: Given the interest rate = 10% Initial cost = $100000 Estimated life = 25 years
Q: B Company is contemplating whether to temporarily stop operating for the next 4 months since the…
A: Given Information Selling Price = $40Variable cost = $30Additional cost due to the shutdown =…
Q: For output level Q, per unit costs of B are: Long-run ATC Output Multiple Choice obtainable and…
A: In the given graph, long-run average total cost curve of a firm is given.
Q: You work for an IT company which recently developed a software package for a hospital, and multiple…
A: A two part tariff structure is a strategy of price discrimination where the of a good is decomposed…
Q: Mary Graham worked as a real estate agent for Piedmont Properties for 15 years. Her annual income is…
A: Profit is the revenue generated by the firm after covering the cost. There are two types of profit…
Q: You are asked to recommend whether a firm should make or purchase product A. The following are data…
A: Given: A firm buys product A at- $20 per unit The firm pays a weekly rental payment of- $20,000 The…
Q: Shawn Pen & Pencil Sets Inc. has fixed costs of $421,400. Its product currently sells for $18 per…
A: Given; Fixed cost= $421400Price=$18Variable cost=$8.20 per unitAfter new equipment was…
Q: 4. Optimize the following function and comment about the findings. y =- 5x; +10x, + x,x, • 2x{ +4x;…
A: here we optimize the following function as given below;
Q: Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation.…
A:
Q: ACME Inc. currently sells a product for $1,100 which results in demand being 2,000 units. Management…
A: Product: It refers to the good and service that consumer purchases for doing variety of activities.…
Q: Consider the validity of the following statements: I. Economic cost may be lower than accounting…
A: Economic cost is the sum of all losses of any products with a monetary value associated to them by…
Q: A manufacturer produces a certain product at a labor cost of P 315 per unit, material cost of P 100…
A: Here, given information is: Per unit labor cost: P315 Per unit material cost: P100 Per unit…
Q: Assume that sales are predicted to be $3,300, the expected contribution margin is $1,155, and a net…
A: To calculate the break-even point of a organization, the annual constant value is split by the…
Q: Michelin is considering going "lights out" in the mixing area of the business that operates 24/7.…
A: Given, Mixing Cost : $600,000 per yearIncome-tax rate : 25%MARR : 10%
Q: ABC Company's management believes that every 9% increase in the selling price of one of the…
A: Selling price increases = 9% production fall by = 10% Variable Cost = 12.60/unit administrative cost…
Q: our company is contemplating bidding on an RFP (Request For Proposal) to produce 100,000 units of a…
A: True, the requesting company can solicit lower bids by requesting 100,000 units as opposed to 90,000
Q: A firm is selling two products-chairs and bar stools-each at $50 per unit. Chairs have a variable…
A: Total Cost = Total Variable Cost + Total Fixed Cost The Break-even point is the point where the firm…
Q: The input-output curve of a gas-fired generating unit is approximated by the following function:…
A: Given an input and output curve of a gas fired function.
Q: Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50.a. What is the…
A: Fixed cost is the cost which does not change with the change in the output level. Variable cost is…
Q: You want to establish your own business and are thinking about releasing a new product. Customers…
A: Profit = TR - TC Breakeven occurs if the profit is 0 and TR=TC
Q: Lulu hypermarket estimates daily demand of 18 kgs for a product. It costs RO 100 to make and receive…
A: Given the information: Daily demand = 18 kgs Costs to make = 100 Annual holding cost = 25%
Q: A machine that produces a certain piece must be turned off by the operator after each piece is…
A: Without brake; Cycle time= (1min 45sec)+15sec =(60sec+45sec)+15sec…
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: Consider a utility with generators whose cost characteristic Ci (Pi) in $/h and generation limits…
A: Using The Concept of economic load dispatch dC1(P1)dP1=dC2(P2)dP2 =…
Q: You are asked to recommend whether a firm should make or purchase product A. The following are data…
A: Breakeven point refers to the situation where the revenue is equal to cost.
Q: A university is trying to determine how much it should charge for tickets to basketball games to…
A: Given:
Q: The Rocky Mountain Publishing Company isconsidering introducing a new morning newspaper inDenver.…
A: Break-even copy is denoted by X. Annual revenue (AR) can be calculated as follows: Thus, the annual…
Q: Super Tennis Co is in the business of designing and manufacturing running shoes for long distance…
A: 1. The process of licensing is quite a complex one. It varies from economy to economy. Developing…
Q: Ruth Brennan is evaluating two options. The first option is to open her own legal practice. Based on…
A: Calculation of Accounting Profit of Ruth Brennan Accounting profit is a company's total earnings as…
Q: Given the following cost function: TC = 1500 + 15Q – 6Q 2 + Q3 i. Determine the total fixed cost for…
A: Given, the cost function: TC = 1500+15Q-6Q2+Q3 i) Total fixed: The cost that does not depend on the…
Q: The ARA Railroad owns a piece of land along one of its right-of-ways. The land originally cost ARA…
A: Original cost of land $100,000Proposal will be rejected if:Cost>$500,000Amount offered by an…
Q: The break-even sales dollar figure for an operation that sells 615 products at $15 if each item…
A: Break-even sales: It refers to the amount of dollar revenue at which the business will gain a profit…
Q: The cost of the Good Son Stroller to the retailer is $245. If the retailer wants a rate of mark up…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Help with this problem
Step by step
Solved in 2 steps
- Lulu hypermarket estimates daily demand of 18 kgs for a product. It costs RO 100 to make and receive an order, and it takes 16 workdays to receive it. The annual holding cost is 25 % of purchase price. The price RO 2 per kg. The company is operating 5 days per week, and a total of 210 workdays in one year. What is the minimum annual total holding and ordering cost in RO? Round-up to the nearest integer O a. 152 O b. None is correct O c. 725 O d. 625 O e. 615Northwest manufactures a product requiring 0.5 ounces of platinum per unit. The cost of platinum is approximately $360 per ounce, the company maintains an ending platinum inventory equal to 10% of the following month's production usage. The following data were taken from the most recent quarterly production budget August September 980 July Planned production in units 1,000 1,100 The cost of platinum to be purchased to support August production is: $195,840. 1,1 O $198,000. O $200,160.1. A service station uses 2500 oil filters during the course of a year, and this usage is constant throughout the year. These oil filters are purchased from a supplier 100 miles away for $15 each, and the lead time is 2 days. The holding cost per oil filter per year is $1.50 (or 10% of the unit cost) and the ordering cost is $18.75. There are 250 working days per year. a) What is the service station's optimal order quantity and total annual cost of inventory?
- The following figure shows the incremental cost of two units and the marginal cost (old) of the system, when all constraints are met. If both units were dispatched at their minimum values, what would be the marginal cost of the new system (new)? Select one: a The incremental cost of unit 1 Ob. Approximately 46.3 $/MWh S/MWh 49 48 C1=45+0.02Pg1 47 46 45 44 C2=43+0.006Pg2 I C. The incremental cost of unit 2 0 100 200 300 400 500- 600 MWI have a question about the following question. What is the annual breakeven production quantity (use above data, show work)? IceLess is an anti-icing solution sold in gallon plastic jugs. It is poured into the windshield washer bottle of your car. Wash your windshield and the solution prevents the glass from icing over for about four hours. Production incurs the following fixed and variable costs. It is priced initially at $5.50 per gallon. Fixed costs (per year) Variable Costs per gallon Rent: $18000 Glycol: $1.50 Utilities: 13200 FreezeFree 312: .50 Managerial salaries: 20000 Mfg labor: .20 Flammability permit: 12000 Packaging: .20 Other fixed expense: 2400 Inert ingredients: .60 Total fixed: $65600 Advertising: .30 Total: $3.30A plant operation has fixed costs of'$ | 50,000 per year and variable costs of $50 per unit. When the plant produces the maximum capacity, which is 7000 unit per year, the profit equals $1,800,000. What is the breakeven point (in units) of this plant? (Assume that the unit selling price is constant
- The Rocky Mountain Publishing Company isconsidering introducing a new morning newspaper inDenver. Its direct competitor charges $0.25 at retailwith $0.05 going to the retailer. For the level of newscoverage the company desires, it determines the fixedcost of editors, reporters, rent, pressroom expenses,and wire-service charges to be $300,000 per month.The variable cost of ink and paper is $0.10 per copy,but advertising revenues of $0.05 per paper will begenerated. To print the morning paper, the publisherhas to purchase a new printing press, which will cost$600,000. The press machine will be depreciatedaccording to a seven-year MACRS class. The pressmachine will be used for 10 years, at which time itssalvage value would be about $100,000. Assume 300issues per year, a 40% tax rate, and a 13% MARR.How many copies per day must be sold to break evenat a retail selling price of $0.25 per paper?Padre works for a trade magazine that publishes lists of power-sizing exponents (PSE) that reflect economies of scale for developing engineering estimates of various types of equipment. Padre has been unable to find any published data on the VMIC machine and wants to list its PSE value in his next issue. Given the following data calculate the PSE value that Padre should publish. (Note: The VMIC-100 can handle twice the volume of a VMIC-50.) Cost of VMIC-100 today $250,000 Cost of VMIC-50 5 years ago $95,000 VMIC equipment index today = 350 VMIC equipment index 5 years ago = 235A manufacturing company leases for $100,000 per yr a building that houses its manufacturing facilities. In addition the machinery in the building is being paid for installments of $20,000 per year. Each unit of product produced costs $15 in labor and $10 in materials and can be sold for $50. a) How many units per year must be sold for the company to break even? b) If the selling price is lowered to $45 per unit how many units must be sold each year for the company to earn a profit of $80,000 per year?
- If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers.The demand for its product is p = 15 −x 125, its production cost per unit is US$5.00 and its fixed cost are the same as for company A . (i) Derive the total revenue function, R(x) for company A. (ii) Derive the total cost function, C(x) for company A. (iii) Derive the profit function, Π(x) for company A. (iv) Using a spreadsheet, create a table for showing x, R(x)?, C(x) for company A in the domain x = 50, 100, 150, 200, 250, 300, 350, 400, 450.(v) Graph the functions from (d) above on the same axes. (vi) From your graph, determine the break-even level of output for company A. (vii) Derive the total revenue function, R(x) for company B. (viii) Derive the profit…An automotive manufacturer uses 200,000 radial tires per year for its new car series. The company makes its own tires, which it can produce at a rate of 800 per day. The cars are assembled uniformly over the entire year. The holding cost is $10 per tire per year. The machine setup cost for a production run of tires is $70. The firm operates 260 days per year. What is the annual carrying cost when the economic production quantity is 8,533 tires? Select the closest answer. 1) $42,665 (2) $1,641 (3) $3,282 4 $262,5542-19. Acellphonecompanyhasafixedcostof$1,500,000 per month and a variable cost of $20 per month per subscriber. The company charges $39.95 per month to its cell phone customers. (2.2) a. What is the breakeven point for this company? b. The company currently has 73,000 subscribers and proposes to raise its monthly fees to $49.95 to cover add-on features such as text messaging, song downloads, game playing, and video watching. What is the new breakeven point if the variable cost increases to $25 per customer per month? c. If 10,000 subscribers will drop their service because of the monthly fee increase in Part (b), will the company still be profitable? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
