M3 Participation Activity

Paccar Winch makes winch components for its different product lines. The firm operates its production facility three hundred and five days per year. It has orders for about twelve thousand winch components per year and has the capability of producing one hundred and five per day. Setting up the winch production costs fifty five dollars. The cost of each winch component is one dollar and ten cents. The holding cost is fifteen cents per winch component per year.   a) What is the optimal size of the production run? b) What is the average holding cost per year? c) What is the average setup cost per year? d) What is the total cost per year, including the cost of the winch components?

Your last submission is used for your score. 1. Need Help? Read It عيمي Burnem Inc. manufactures thumb drives and sells them to a distributor. Burnem's total cost and total revenue (in dollars) for x thumb drives are given by the following equations. Total cost = 5x + 2240 and Total revenue = 10x How many thumb drives must Burnem sell to break even? x = thumb drives Using data from 2010 and projected to 2020, the population of the United Kingdom (y, in millions) can be approximated by the equation 10.0y 4.55x = 581 where x is the number of years after 2000.+ (a) What is the projected population in 2026? y = (b) In what year is the population predicted to be 67.2 million? Disposable income, the amount left after taxes have been paid, is one measure of the health of the economy. Using U.S. Energy Information Administration data for selected years from 2015 and projected to 2040, the U.S. real disposable income per capita (in dollars) can be approximated by the equation I 707.6t + 39,090…

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C&A Fast Food has four activities in serving a customer: greet customer, take order, process order, and deliver order. Each activity is staffed by one employee (for a total of four employees). The processing time for each activity is given as follows: Greet customer Take order Process order Deliver order Activity Processing time per customer 2 seconds 30 seconds 60 seconds 5 seconds Assume demand is unlimited. If one additional employee is added to the bottleneck activity, what will be the percentage change in process capacity?

The water Economist has estimated short run water responsiveness function for rice farming under major irrigation condition in the Dry Zone of "x" counry as follows;Y = 21W +30.3W2 – 3W3, Where Y = Output (paddy kg /Acre) , W = irrigation Water (Cubic Meter – m3) a) Determine three stages of this short run production process and graphically show the result. b) Determine rational production stage and what is the maximum and minimum output level of this rational stage. c) Determine the range of water level which is representing the low of diminishing marginal returns.

5) A company's cost of producing q liters of a chemical is C(q) dollars and this quantity can be sold for R(q) dollars. Suppose C(2,000) = 5,930 and R(2,000) = 7,780. a) What is the profit at a production level of 2000? b) If MC(2,000) = 2.1 and MR(2,000) = 2.5, what is the approximate change in profit if q is increased from 2000 to 2001? Should the company increase or decrease production from q = 2000 and why? %3D c) If MC(2,000) = 4.77 and MR(2,000) = 4.32, should the company increase or decrease production from q = 2,000 and why?

show solution An oil refinery produces one base type of crude oil. The total cost is given by the equation Total Cost, TC = 50,000+20.2D +0.0001D2. The sales price in dollars per barrel is 35. At what level of production in barrels/week is cost/barrel minimum? What is the minimum cost per barrel? What is the maximum weekly profit that the company can make? At what level of production is the maximum weekly profit attainable? and Over what range of production is profit possible? Express answers in whole numbers and write the numerical values only.

i need j,k,l subparts

I am not sure how to start this

A local company is planning to manufacture and market a four-slice toaster. For this toaster, the research department’s estimates are aweekly demand of 300 toasters at a price of $25 per toaster and a weekly demand of 400 toasters at a price of $20. The financial department’s estimates are fixed weekly costs of$5,000 and variable costs of $5 per toaster. a) Assume that the relationship between price ? and demand ? is linear. Use the research department’s estimates to express ? as a function of ? and determine the domain of the function. b) Using your knowledge from Finite Math, determine the Revenue function in terms of ?. c) Determine the Marginal Revenue at 2 different production levels for example 250 and 500 units. Interpret these results. (HINT: Consider what a positive or negative first derivative implies) d) Assume that the cost function is linear. Use the financial department’s estimates to express the cost function interms of ?. e) Determinethe Marginal costand interpret the…

Q2. Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has a determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4 cents per kilometers. If a truck is driven only 70,000 kilometers during a year, the average operating cost increases to 13.4 cents per kilometer. (The Singapore dollar is the currency used in Singapore). a. Using the high-low method, estimating the variable and fixed cost elements of the annual cost of the truck operation. b. Express the variable and fixed costs in the form Y= a + bx. c. If a truck were driven 80,000 kilometers during a year, what total cost would you expect to be incurred?

Table: Production Function for Soybeans Quantity of labor (workers) 0 1 2 3 4 5 Quantity of soy beans (bushels) 25 45 60 70 75 034822 The fixed inputs are 10 acres of land and a tractor. They have a combined cost of $150 per day. The cost of labor is $100 per worker per day. Producing 45 bushels of soybeans would result in: TC= ATC= AVC= AFV =

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Leonard Presby, Inc., has an annual demand rate of 1,000units but can produce at an average production rate of 2,000 units. Setup cost is $10; carrying cost is $1. What is the optimalnumber of units to be produced each time?

A manufacturer of hospital supplies has a uniform annual demand for 500,000 boxes of bandages. It costs $20 to store one box of bandages for one year and $ 500 to set up the plant for production. How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs? The company should produce boxes of bandages □ time(s) a year. A manufacturer of hospital supplies has a uniform annual demand for 500,000 boxes of bandages. It costs $20 to store one box of bandages for one year and $500 to set up the plant for production. How many times a year should the company produce boxes of bandages in order to minimize the total storage and setup costs? C The company should produce boxes of bandages time(s) a year.

10)Given the production function f (L K) = L2 / 3. K1 / 3, where L is the working hours and K is the capital. assuming that the capital price is r = 4 euros and the price per hour of work is w = 27 euros and that all the factors of production are variable, what is the minimum cost of producing 10 units of product? Choose one: A) 260e B) 230e C) 240e D) 250e E) 270e

Kk.299.

can you please provide teh full solution without any AI, can you show the mathematical working out and explanation

6. Let p(x) = 4 – 0.0002x be the price (in TL) of each unit of a certain product required to attract a demand of x units in a year and let C(x) = 600 + 3x be the total cost of producing x units of the product in a year. (a) (- as large as possible? What is the number of units that should be produced to make the yearly profit (b) What is the yearly profit in case (a)

Please answer it with clean and complete solution. Thank you.

Please include the graph thanks!

.A company can sell its only product and in a perfectly competitive market at a price of 15. To produce it, it must purchase two production inputs: labor (x1) and machinery (x2). Initially, the company only has 1 machine and it is not possible to change this in the short term. Inputs are purchased in competitive markets with respective prices (w1, w2) = (5,10). The production function is as follows: 3 2/3 1/3 f(x,x2) a) Present the problem of maximization of the company. b) Find the first order condition that must be solved to find the optimal level of supplies. c) Find the optimal input level x1 that the company must contract in the above problem to maximize your profits.

A large company in the communication and publishing industry has quantified the relationship between the price of one of its products and the demand for this product as Price = 150 − 0.01 × Demand for an annual printing of this particular product. The fixed costs per year (i.e., per printing) = $50,000 and the variable cost per unit = $40. What is the maximum profit that can be achieved? What is the unit price at this point of optimal demand? Demand is not expected to be more than 6,000 units per year.

1 and 2 done, need 3 and question at bottom

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i need M,N,O subparts solution of this question