A company operates two factories. With "a" as the only input, Factory A's production function is given byQA = 5x + 20Gnd Factory B's production function is given by QA = 3x + 800At what level of z is the%3Dcompany indifferent between the two factories?300150O 250O 100200

The production of an entity is affected by many factors such as input. The entity needs to maintain…

A company operates two factories. With "a" as the only input, Factory A's production function is given by QA = 5x +20Qnd Factory B's production function is given by QA = 3z + 800At what level of z is the company indifferent between the two factories? %3D %3D 300 150 O250 O 100 200

A company operates two factories. With "a" as the only input, Factory A's production function is given by QA = 5x +20Qnd Factory B's production function is given by QA = 3z + 800At what level of z is the company indifferent between the two factories? %3D %3D 300 150 O250 O 100 200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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A company operates two factories. With "a" as the only input, Factory A's production function is given by
QA = 5x + 20Gnd Factory B's production function is given by QA = 3x + 800At what level of z is the
%3D
company indifferent between the two factories?
300
150
O 250
O 100
200

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q3
High-low method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: X Open spreadsheet 105,000 118,000 134,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Variable cost: Total fixed cost: Units Produced a. Determine the variable cost per unit and the total fixed cost. Round your answer for variable cost to the nearest cent. Round your answer for total fixed costs to the nearest dollar. Total Costs per unit Total cost for 86,000 units: $30,307,500 32,745,000 35,745,000 b. Based on part (a), estimate the total cost for 86,000 units of production. Round your answer to the nearest dollar.
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- Refer to the model listed next: Max: Z= 10*x1+6*x2+4*x3; Subject to: x1+x2+x3=0; where x1,x2 and x3 are the number of product 1,2 and 3 produced. (i) (ii) (iii) (iv) (v) 333 (vi) Identify the initial basis with your reason. Show one complete iteration as the solution moves to the next basis. Find the optimal basis. You may solve the problem for the optimal solution using the Lingo software but must validate the optimal basis. Estimate the optimal simplex multipliers. Solve the model using the Lingo software and report the dual prices for each constraint. Compare the optimal simplex multipliers with the shadow prices for different constraints and provide your comments.
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