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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how to calulate the fixed overhead spending variance?
R(p) = pN(p).| Bob is currently selling tires for 60 dollars each. His weekly sales are running at 130 tires per week, so N(60) = 130. His marketing department estimates that he will lose 2 sales per week for each 10 dollar increase in unit price, so N'(60) = -0.2. Estimate Bob's increase in weekly revenue for each one dollar increase in tire price. Revenue increase =1 dollars
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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|10 – 3x|≤ 17
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a bakery charges $ 1.50 for donuts , and $ 2.25 for its scones. one day the manager found out that 150 scones had been sold out , and the total recepits were $ 258. how many donuts and scones were sold?
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?
Electricity accounts for almost 20% of the production costs of aluminum smelters. A 10% increase in the price of electricity leads the smelters to reduce their production, thus lowering their demand for electricity by 5%. The adoption of recent technological innovations would allow aluminum plants to use less electricity in the future. This suggests that the demand for electricity by aluminum smelters in the short term is (a) inelastic. (b) less elastic than their demand for electricity in the long run. (c) Both of the above answers are correct. (d) None of the above answers are correct.

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