Eco 204 Week 1 Quiz

Economics URGENT PLEASE** As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed. Using earned value analysis, answer the following questions:   A ) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [ B) According to your analysis, how much is the project going to be over budget? (Calculate the estimate to completion (ETC).)  C) As a key part in your report to the management, what is your advice for cutting the expenditure in the rest of the project, in order to finish the…

Economics URGENT PLEASE** As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed. Using earned value analysis, answer the following questions: A) What is the earned value (EV) for this project at the time of inspection (month 3)?  B) What is the planned value (PV) for this project at the time of inspection?  C) Calculate the Schedule variance (SV) and the cost variance (CV) at month 4. What do they mean? D) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [ E) According to your…

Question 9 Trenny has asked her assistant to prepare estimates of cost of two different sizes of power plants.  The assistant reports that the cost of the 150 MW plant is $220,000,000, while the cost of the 270 MW plant is $400,000,000.  If Trenny has a budget of only $300,000,000, estimate how large a power plant she could afford using linear interpolation (Enter your answer rounded to one decimal place and in MW eg. XX.X)?

Engineering Econ: Recently, you were in a car crash and are looking to decide whether to purchase a gas-powered Toyota RAV4 or the RAV4 hybrid that uses both gasoline and electric power. The traditional, gas-powered RAV4 sells for $26,000 and gets 22 miles per gallon (mpg) of fuel. The hybrid vehicle sells for $32,000 and averages 34 mpg. The resale value of the hybrid RAV4 is $4,000 more than that of the traditional RAV4 after five years of anticipated ownership. Assume that you badly need a new car (since insurance will only cover a rental for so long), such that both alternatives are acceptable; as such, you can consider the traditional RAV4 the baseline for comparison. If you drive 15,000 miles per year and gasoline costs $2.50 per gallon, what is the annual internal rate of return associated with the incremental investment in the hybrid RAV4? (Express your answer as a percentage, rounded to the nearest tenth of a percent, e.g., 17.5 if you believe the answer is 17.5% per year.)

Please answer this question as soon as possible ( Do not use Ai)

(E6) Hello! Please help me answer this one. Please refer to the given picture/s below for the questions. Please read the instructions and directions very carefully. Double and triple check your answers, previous tutors got it wrong.   NOTE: Type only your answers. Please do not handwritten your answers. Make sure your formulas, solutions and answers' format are all correct.     Answer no 1 only!

t FI Search (Alt+Q) Draw Design View Help Table Design Layout Design Layout References Mailings Review As the manager of Lewis Inc., a company that produces lamps, you conducted a study of the production process. The study was based on 8 units of capital currently used by your firm. (This is the short run in which capital is fixed.) 1 Week 7 Assignment Compatibility Mode Saved to this PC Text Predictions: On @ 2 W 3 Per unit capital costs are $20 and the price of lamps is $12 each (this is a competitive market). Workers at Lewis Inc. are paid $60 per labor unit. (You can think of one unit of labor as one worker, and each worker is paid $60.) Fill in the blanks in the following table. Hint: Please follow Table 1 on page 364 of the textbook. Please note that a competitive, profit-maximizing firm hi 1 7 Labor (L) E 0 1 2 8 9 10 Accessibility: Unavailable $ 4 3 4 5 6 7 FI . R Q C Capital (K) F5 % 8 8 8 8 8 8 8 8 8 8 8 L T i F6 Output (Q) 6 0 10 30 60 80 90 95 95 90 80 60 Marginal Product…

Variable cost (€/MWh) 120 100 80 00 60 40 20 Wind, North Coal, North Gas, South Diesel, North * * 5 10 15 20 25 30 35 40 45 50 Figure 2: In our model, the Northern node has three generation sources: wind power (10 GW), coal-fired power plants (15 GW), and diesel peakers (10 GW). We abstract from ramping, start-up, or minimum load constraints. As there is no load in the North, the direction of electricity flow will always be southbound. The Southern node connects loads (30 GW), which are assumed to be perfectly price inelastic, and natural gas-fired power plants (15 GW). Variable costs are assumed to vary in steps of 1 GW, in the increasing order wind, coal, natural gas, diesel. GW

1 MCQ 1 of 25 Aroha has to choose among three possible activities to do on Sunday morning. She ranks her preferences (from most preferred option to least preferred option) as follows: attend the local community Church service with her Nan; hang out with friends at the Westfield Manukau City Shopping Centre; go and watch the Counties Manukau rugby league game. What is her opportunity cost of attending Church with her Nan (Option 1)? Select one alternative: Hanging out with her friends and watching the rugby league game. There is no opportunity cost. Hanging out with her friends. Either hanging out with her friends or watching the rugby league game.

Air pollution in the country of Gawanza has grown over the last ten years with an increase in manufacturing industries. The government of Gawanza now has a plan to reduce the CO2 emissions into the air by 10% per year over the next 10 years. What do you expect will happen? Group of answer choices The cost and benefits to Gawanza will be lowest in the last few years of implementing this plan. The cost and benefits to Gawanza will be highest in the last few years of implementing this plan. The cost will be the highest and benefits the lowest in year ten.

Need all parts in neat and clean handwritten solution. I repeat need handwritten solution with every parts explained. Correct solution would be upvoted.. THANKS !!!

A https://bbhosted.cuny.edu/webapps/assessment/take/launch.jsp?course_assessment_id%3_1840433_18&icourse_id=_1973374_1&content_id=_56338622_18is Remaining Time: 33 minutes, 41 seconds. v Question Completion Status: Figure Terice 10 1s 6. 6. 10 20 30 40 50 60 70 80 quantity Refer to Figure. A price floor of $ 8 in this market would result in O a. the quantity of the good demanded decreases by 10 units. O b. the quantity of the good demanded increases by 10 units. O c. the quantity of the good demanded decreases by 30 units. O d. the buyer's total expenditure to decrease by $20. QUESTION 2 Price controls O a. helps only buyers. O b. helps only sellers. O C. can help both buyers and sellers. O d. helps neither buyers or sellers.

General Motors Corporation in their Detroit plant, makes industrial strength eight-cylinder engines that are used in their heavy duty automobiles Operations manager at Detroit plant has developed the following supply, demand, cost, and inventory data for future planning purposes. Supply Available Regular Time Demand Forecast Period Overtime Subcontract 1 40 15 10 40 2 30 15 10 55 3 30 20 10 50 20 units $100 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit $160 $200 Carrying cost per unit per month $6 Assuming the initial inventory has no holding cost in the first period and that backorders are not permitted.

A jeweler is considering producing a limited edition diamond bracelet, and she is trying to decide how many bracelets to produce. The table gives her estimated total cost for various production levels as well as the price she would charge for each bracelet. Number of bracelets 100 200 300 400 500 600 Total cost (thousands) Price per bracelet $215 $7900 $420 $7400 $625 $5900 $820 $5000 $1015 $4200 $1205 $3600 (a) of the production levels listed in the table, which gives the highest profit? (b) Estimate the marginal cost and marginal revenue when 400 bracelets are made. marginal cost $ marginal revenue $

S LO 20 # 3 PRICE (Dollars per hot dog) 5. History Bookmarks People Tab Window Help 令) 71% Mind Tap - Cengage Learning /index.html?deploymentld%359828119415547787292595253&elSBN=9780357133606&id%3D1069413986&snapshotid%-D2211990& * CENGAGE MINDTAP Q Search this course Homework (Ch 15) 5. Monopoly outcome versus competition outcome Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power. The following graph shows the demand (D) and supply (S = MC) curves in the market for hot dogs. %3D Place the black point (plus symbol) on the graph to indicate the market price and quantity that will result from competition. Competitive Market +. 4.5 PC Outcome 3.5 3.0 2.5 S=MC 1.5 0.5 D. 120 140 160 180 09 QUANTITY (Hot dogs) 40 PI MacBook Air DA DD F8 F6 F5 F4 F2 %24 6. 7. 8. 9- 4. 2.

EMERGENCY! Production just informed management that one of its five glycol squeezers has been destroyed by a rogue computer virus.  Production capability is now only 23000 gallons at most.  The squeezer cannot be fixed and IceLess cannot afford a replacement.  This breakdown will NOT lower fixed costs. This breakdown will not change variable cost per unit, either.  If only 23000 gallons are produced, and the earning target remains $94400 above fixed costs, what price per gallon must now be charged? (show your calculations What is the Contribution Margin Ratio (CMR) if the price is $8.82 per gallon? At a price of $10.95 per gallon, what will be the DOL (assume 23000 gallons are sold , that $94400 above fixed costs is to be earned, and that other costs are as initially given)(show your calculations).

Your friend Claire has been designing her own hoodies and giving them as gifts to friends and family. She has decided to sell them online soon by using a 3rd party website with a service surcharge based on her pricing. Using the information below, what is the relationship between Claire's selling price per hoodie and profit margin? (Please plot a graph dipcting the relationship)                                                                                         Costs ($) Base Hoodie Cost  $30 Craft Supplies to design $10 Selling Website Service Charge  5%

If the profit function for selling smart phone screen magnifier is -4500p2 + 561500p – 11898000, what selling price should Pineapple Store use to maximize profits? $62.39 $264.40 $32.95 $7.37

Q1. Calculate EOQ and plot a graph with the following information. Annual Usage= 1600 units Holding Cost $8 unit/yr Ordering Cost = $100 unit/yr > Price of per Unit= $50 Number of Units 1600 800 400 200 100 80 50 Number of Order 1 2 4 8 16 20 32

Eng. Economic Q1. Would a dollar tomorrow be worth more to you today when interested is 20% or 10%?

Problem 3-18 (Algo) New car sales for a dealer in Cook County, Illinois, for the past year are shown in the following table, along with monthly indexes (seasonal relatives), which are supplied to the dealer by the regional distributor. Units Units Sold 767 787 817 817 Month Sold Index 0.70 0.80 Month Index 0.90 1.10 1.20 Jan. 643 Jul. Aug. Sept. Feb. 653 Mar. 638 0.60 Apr. May Jun. 738 0.94 Oct. 1.20 743 843 0.89 Nov. 827 1.20 1.00 Dec. 787 1.25 Click here for the Excel Data File b. Deseasonalize car sales. (Round your answers to the nearest whole number.) Month Deseasonalized Month Deseasonalized Jan. Jul. Feb. Aug. Mar. Sep Apr. Oc. May Jun. Nov. Dec.

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Instead of selling or getting rid thier car after 4 years, Frank decide to start using their vehicle in a business Frank will be providing ride hailing service with their vehicle (UBER). See below for the graph of the total ar average costs for the next 7 years. The total fixed costs are 30000 for this period. Price Per KM($) 3.6 3.2- 2.8 2.4- 2 1.6- 1.2 0.8- 0.4 اه 130 A C D B KM DRIVEN (000s KM) PLEASE COMPLETE TABLE BELOW ONLY USING ABOVE INFORMATION A = 47,000 KM B = 59,000 KM C = 71,000 KM D = 77,000 KM

ENGINEERING ECONOMY (ALREADY ANSWERED IN BARTLEBY. PLEASE DO NOT COPY) RATE WILL BE GIVEN. WRITE THE COMPLETE EXPLANATION LEGIBLY OR TYPEWRITTEN.    You have been taking a course on game theory at university. After attending 10 of  15 hours of classes, you realize that you don’t enjoy the subject and are likely to do poorly in the final exam. At this point, you could stop attending these classes  and give up on the course. However, you decide that since you have already spent so much time going to class, it would be costly to stop attending them. Is this reasoning correct?

Note: Plot your polnts In the order In which you would like them connected. Line segments will connect the polnts automatically. 200 175 ATC 150 125 AVC 100 MC 50 25 1 3 4 6 QUANTITY (Pairs of boots) Grade It Now Save & Continue COSTS (Dollars per pair)

Annual demand is 42,626 units/year. Ordering Cost is $52/order. Holding cost is $5/unit/year.   What is the time between the two orders in days (assuming 365 days per year)?

2) Alcem Pte. Ltd. Is in the business of manufacturing cement. The company sets up a 1 million ton plant. The total cost of setting up the plant is $100 million. The cost of Raw material/ Labor etc for producing 1 ton of cement is $ 40. The price of Cement is $80 per ton. Assume a Capital Cost of 10% (which is also its opportunity cost) a) What is the breakeven quantity of cement for Alcem? 250,000 tons b) In the short run, below what price should Alcem shut down? $40 c) If Alcem produces and sells 1 million tonnes of Cement, what is the Economic Profit it is making? $30 million d) If there are no barriers to entry in this business what would you expect

Break-Even Analysis Dianna is renting a space for her lemonade stand at Php 5,000 per month. a. How many cups of lemonade should Diana have to sell to break even if it costs her Php 2.00 to make a cup of lemonade? She sell her lemonade for Php 6.00 per cup. b. What should be the selling price per cup of lemonade if the break-even point should be increased to 2,000 cups?