Consider the following tasks that must be assigned to four workers on a conveyor-paced assembly line (i.e., a machine-paced line flow). Each worker must perform at least one task. There exists unlimited demand unless stated otherwise. Time to Complete Task (seconds): Task 1: 30 Task 2: 25 Task 3: 15 Task 4: 20 Task 5: 15 Task 6: 20 Task 7: 50 Task 8: 15 Task 9: 20 Task 10: 25 Task 11: 15 Task 12: 20 The current conveyor-paced assembly-line configuration assigns the workers in the following way: • Worker 1: Tasks 1, 2, 3 • Worker 2: Tasks 4, 5, 6 • Worker 3: Tasks 7, 8, 9 • Worker 4: Tasks 10, 11, 12 Assume a demand rate of 20 units per minute. What would be the takt time of the process (in seconds per unit)?

Can you assist in filling out this chart?

2. With reference to Example 9.5.1, let R(Q) = 80Q and C(Q) = Q2 + 10Q + 900. The firm can produce at most 50 units. (a) Draw the graphs of R and C in the same coordinate system. (b) Answer the following questions both graphically and by computation: (i) How many units must be produced for the firm to make a profit? (ii) How many units must be produced for the firm to maximize profits?

Experiment with manipulating the shape of the line given on the following graph by selecting and dragging each endpoint.

oboard S Font Paragraph S Sensitivity Styles Editing Voice A Cobb-Douglas production function for new company is given by FF(KK, LL) = KK3/5LL2/5 where K represents the units of capital and L represents the units of labor. Suppose units of labor and capital cost $200 and $100 each respectively. If the budget constraint is $30,000, find the maximum production level for this company. VAAAWMMAA AAAAAAAAA SAAAAAAA

Exercise 5.C.1: Prove that, in general, if the production set Y exhibits nondecreasing returns to scale, then either n(p) SO or n(p) = +0. Lan frntnedar conditions

Isoquant curves Gym requires exactly 3 bottles of water per athlete to maximise performance (athletes on horizontal)   What is the shape is the isoquant curve? Find slope of cuve at: (20,15) (5,25) (5,15)

Cigarland is a Latin American country producing cigars. If the unit cost is 11 dollars and firms' mark up is 20 per cent, calculate the price of each cigar. Answer the question by providing just the appropriate number of dollars in the box below to one decimal place (eg 12.3). Do not enter a comma, space, letters, words or symbols (such as $). Failure to follow these instructions may result in your answer being marked as incorrect. Next page > < Previous page

Consider an airline's decision about whether to cancel a particular flight that hasn't sold out. The following table provides data on the total cost of operating a 100-seat plane for various numbers of passengers. Total Cost Number of Passengers (Dollars per flight) 40,000 10 60,000 20 65,000 30 68,000 40 70,000 50 71,000 60 72,500 70 73,500 80 74,000 90 74,300 100 74,500 Given the information presented in the previous table, the fixed cost to operate this flight is s At each ticket price, a different number of consumers will be willing to purchase tickets for this flight. Assume that the price of a flight is fixed for the duration of ticket sales. Use the previous table as well as the following demand schedule to complete the questions that follow. Price Quantity Demanded (Dollars per ticket) (Tickets per flight) 1,000 700 30 400 90 200 100

Labor Total Production Marginal Production Average Production 0 0 2 30 4 10 6 20 8 200 10 25 In the above table, the marginal production and the average production of the 7th and 8th workers (the values in the row for the 8th worker) are, respectively: Group of answer choices 80; 25 20; 25 80; 100 25; 25 40; 25 25; 200