4. The following is the age distribution of 1,000 persons working in a large industrial house: Age - group No. of persons Age-group No. of persons 20-25 30 45-50 105 25-30 160 50-55 70 30-35 210 55-60 60 35-40 180 60-65 40 40-45 145 Due to continuous heavy losses the management decides to bring down the strength to 30% of the present number according io the following scheme : (i) To retrench the first 15% from the lower (ii) To absorb the next 45% in other branches. (iii) To make 10% from the highest age group retire permanently, if necessary. Calculate the age limits of the persons' retained and those to be transferred to other departments. Also find the average age of those retained. group. :.

4. The following is the age distribution of 1,000 persons working in a large industrial house: Age - group No. of persons Age-group No. of persons 20-25 30 45-50 105 25-30 160 50-55 70 30-35 210 55-60 60 35-40 180 60-65 40 40-45 145 Due to continuous heavy losses the management decides to bring down the strength to 30% of the present number according io the following scheme : (i) To retrench the first 15% from the lower (ii) To absorb the next 45% in other branches. (iii) To make 10% from the highest age group retire permanently, if necessary. Calculate the age limits of the persons' retained and those to be transferred to other departments. Also find the average age of those retained. group. :.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Problem statement A construction company is planning their projects for the year 2023. The company is considering the construction of 20 buildings, each is 3,000 m². In 2018, they have built 8 similar buildings but with smaller areas, and the material costs associated with those 8 buildings are shown in the following table: Building # 1 2 3 4 5 Area (m²) 1,430 1,475 1,655 1,790 1,961 6 7 8 427,696 456,126 461,765 The materials cost index values are as shown in the following table: Year 2017 2018 2019 2020 2021 2022 2023 2,015 2,375 2,533 Cost ($) 350,350 358,326 385,922 399,387 419,004 Cost index 321 332 348 368 379 398 406 In 2019, the company began constructing larger units (3,000 m² units compared to those in 2018 as shown in the first table). The labor hours required to complete the first 3,000 m² unit was 24,000 hours but the labor hours decreased exponentially with time due to the experience gained by workers at a 90% learning slope until reaching the 15th unit, after which a…
QUESTION 1 A new machine is to be purchased for $200,000. The company believes it will generate $75,000 annually in revenue due to the purchase of this machine. The company will have to train an operator to run this machine and this will result in additional labor expenses of $25,000 annually. The new machine will be depreciated using 5 years MACRS, even though the life of the project is 7 years, and the salvage value is estimated to be $0 at the end of year 7. The tax rate is 40% and the company's MARR is 15%.
Subject : Engineering Economics Please write handwritten Answer
ABC Telecom wants to launch a new product. it is observed that the fixed cost of the new product is $35,000 and the variable cost per unit is $500. The revenue function for the sale of D unit is 5000D - 100D. What is the maximum profit of the company? $Blank 1 Blank 1 Add your answer
A table planner machine which costs P 50 000 when brand new has a salvage value of x pesos and is expected to lasts for 23, 000 hours in a period of 5 years. In the first year of service it was used for 7 000 hours. What is the value of x if the book value of the machine at the end of first year is P 36 000? Show complete solution. Do not use excel A. 3 000 B. 5, 000 C. 4, 000 D. 2, 000
SQ-08: What will be the company's profit if it can sell 8,000 metric tons at a price of BDT 250,000/metric tons ? * Modern Bricks: Output and Costs Cost (BDT Total Cost Crore) 150 crore Variable cost 100 crore Fixed Cost {50 crore} Output Sales 0/0 4K MT 8K MT
Lombard Company is contemplating the purchase of a new high-speed widget grinder to replace the existing grinder. The existing grinder was purchased 2 years ago at an installed cost of $57,400; it was being depreciated under MACRS using a 5-year recovery period. The existing grinder is expected to have a usable life of 5 more years. The new grinder costs $103,300 and requires $5,200 in installation costs; it has a 5-year usable life and would be depreciated under MACRS using a 5-year recovery period. Lombard can currently sell the existing grinder for $69,900 without incurring any removal or cleanup costs. To support the increased business resulting from purchase of the new grinder, accounts receivable would increase by $40,800, inventories by $29,900, and accounts payable by $57,900. At the end of 5 years, the existing grinder would have a market value of zero; the new grinder would be sold to net $28,600after removal and cleanup costs and before taxes. The firm is subject…
Pls help ASAP.
date period In Santa Barbara, the sales tax is 7.55%. What would be the final cost of a surfboard if it was being sold for $1,200 ?
A. When the price =50000-500(Demand) and the variable cost-$3000 per unit, the value of demand that maximize the profit B. The installation cost of a machine is $10000 with estimated life of 10 years and selvage value of $2000 at the end of the 10th year. What will be the annual depreciation cost in the fourth year (using straight line method)? C. Suppose that the initial cost of a certain operation is $25000 at the beginning of the first year. The expenditures are expected to be ($1500) at the end of the first year, $1000 at the end of second year, and to increase by $500 at the end of each of the next 4 years. The salvage value at the end of the 8th year is $1500. Draw the cash flow diagram. D. The Present worth (PW) of 5 annual payment of $10000 paid at the end of the each of the 5 years with interest rate of % 16 compounded quarterly is. E. The Future worth at the end of the 4 years (FW4) of the four $2000 annual payment paid at the beginning of each of the 4 years (shown in Figure…
Ederly Quarry sells a wide variety of cut limestone for residential and commercial building construction. A recent quarry expansion cost $2.3 million and added an estimated 90,000 tons of reserves. Year Volume, 1000 Tons Price, $ per Ton 1 10 75 2 9 70 3 15 70 4 10 76 5 18 85 Estimate the cost depletion allowance for the next 5 years, using the projections made by the owner, John Ederly. The cost depletion allowance for the next 5 years is estimated to be $
An asset for drilling was purchased and placed in service by a petroleum production company. Its cost basis is $60,000, and it has an estimated MV of $12,000 at the end of an estimated useful life of 14 years. Double declining balance method is used to calculate the depreciation cost. a. What is the book value of the asset at the end of 5 years? b. What is the depreciation amount in the third year?