The Tri-County Generation and Transmission Association is a nonprofit cooperative organization that provideselectrical service to rural customers. Based on a faulty long-range demand forecast, Tri-County overbuilt itsgeneration and distribution system. Tri-County now has much more capacity than it needs to serve its customers.Fixed costs, mostly debt service on investment in plant and equipment, are $82.1 million per year. Variable costs,mostly fossil fuel costs, are $22 per megawatt-hour (MWh, or million watts of power used for one hour). The newperson in charge of demand forecasting prepared a short-range forecast for use in next year's budgeting process.That forecast calls for Tri-County customers to consume 1 million MWh of energy next year.a. How much will Tri-County need to charge its customers per MWh to break even next year? $. (Enter yourresponse rounded to the nearest penny.)

Answered: a. How much will Tri-County need to…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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a. How much will Tri-County need to charge its customers per MWh to break even next year? $. (En response rounded to the nearest penny.)