Am. 154. 2. A company has decided to replace its inspection machine with an advanced one. Theadvanced machine costs $15,000 and will have operating costs of $3,600 in the first year,increasing by $2,000 per year thereafter. The expected salvage value of the new machine is$6,000 at the end of the first year and will decline by 10% each year (with respect to theprevious year).a.Find the missing values in the following table.Determine the economic life of the new machine.b.NCR (8%)OC (8%)Total Cost (8%)10,2003,60013,800???4332.365,495.82??6,406.46?..........3086.317,293.4210,379.7312345OPTIMAL N =?

When dealing with equipment replacement, it is necessary to evaluate both the upfront expenditures…

Answered: 2. A company has decided to replace its…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1) A manufacturer of kitche. Appliances is preparing to set the price on a new blender. Demand is thought to depend on the proce qnd is represented by the following model. D= 2,800-4p The accounting department estimates that the total cost can be represented by the following model. C=4,700+5D Develop a mathematical model for the total profit of TP in terms of the price, P. A mathematical mod for the total profit in terms of the price P is TP= ______
1-18 Katherine D’Ann is planning to finance her college education by selling programs at the football games for State University. There is a fixed cost of $400 for printing these programs, and the variable cost is $3. There is also a $1,000 fee that is paid to the university for the right to sell these programs. If Katherine was able to sell programs for $5 each, how many would she have to sell in order to break even?
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Plz solve all parts Asap, i vll give positive feedback and upvote as well.
P = c + 1/(nxb). When the number of firms (n) in an industry is more thena. each firm's price level falls due to increased competitionb. the average cost of each firm rises because it produces lessc. each firm's price level rises as competition fallsd. the average cost of each firm falls as it produces more
Problem 6Cannes Croissants (not a real company) wishes to determine the optimum production quantity for its topselling product, almond croissants. The annual demandfor almond croissants is 12,000 units. The setup costs fora production run of the croissants is US$15. The holdingcost per unit per year is US$0.50. Production is mostefficient when 80 croissants are produced per day. Thecompany operates 300 days during a year.a What is the economic production quantity (EPQ)?b How many production runs will there by per year?c What is the maximum inventory level?d What is the total annual cost (in US dollars)?e What is the length of a production run in days?
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Use the following data to answer the next question. Output 10 20 30 arch 40 50 60 70 80 90 100 ATC-A $6 5 4 5 7 10 14 19 25 32 Multiple Choice ATC-B $13 9 6 4 3 A 5 7 10 16 e ATC-C $44 35 27 20 The letters A, B, and C designate three successively larger plant sizes. In the long run, the firm should use plant size "A" for the production of E 14 11 8 6 5 7 (?)^1

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