An assembly line robot arm with a first cost of $75,000 in 2001 had a cost of $89,750 in 2017. If the equipment cost index for robots was 307 in 1995 and the robot cost increased exactly in proportion to the index, the value of the index in 2017 was closest to: (a) 367 (b) 395 (c) 437 (d) 4

Q: When the actual volume of production is higher than the volume of production at the break-even…

A: Break-even point: it is the degree of production where a firm generates sufficient revenue to cover…

Q: A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,500,000 calls…

A: Given, Total capacity of call annually = 1,500,000 Total fixed cost = $ 850,000 Average variable…

Q: A chemical engineer at Tesoro Refining estimated the total cost for a diesel fuel desulfurization…

A: The cost factor technique can be used to determine the equipment cost. Cr=hCE Where, Cr= Estimated…

Q: Estimate the cost in 2011 of chemical processing equipment if the cost of a unit one-fourth its size…

A: Cost of ¼ of its size C1 = $60,000 in 2005 Exponent factor = 0.24

Q: The total cost for a production plant that supplies hydrogen to the refining industry is estimated…

A: a) Following information is given: Equipment cost = $17.8 million Total estimated cost = $55.4…

Q: Identify the following cost elements as first-cost (FC) components or annual operating cost (AOC)…

A: Fixed cost is the cost that occurs one time in the production process. On the other hand, annual…

Q: The total design and construction cost for a sand filter machine to handle a flow rate of 0.7…

A: Cost Inflation Index (CII) is used to estimate the increase in the prices of goods and assets…

Q: It is assumed that the machine handles a flow rate of 0.5 million gallons per day. The cost of the…

A: The amount of fluid that moves through a system in a given amount of time is known as the flow rate,…

Q: GH is preparing its maintenance budget for the next period. Based on previous experience it has…

A: Production volume refers to the quantity or number of units of a product that a company manufactures…

Q: The Department of Defense uses area cost factors (ACFs) to compensate for differences in…

A: Cost in H and M regions (CH) is $2.19. cost in M and A region (CM) is $0.83. cold storage cost in M…

Q: Estimate the cost in 2018 of a 1000-horsepower steam turbine air compressor if a 200-horsepower unit…

A: Given information:

Q: When competition is the dominant factor in pricing a product or service, what is the best cost…

A: When pricing a product or service is determined mainly by the competition, then top down strategy…

Q: Cost functions are derived from

A: # Cost function is a representation which helps in predicting the cost of good or service with…

Q: Estimate the cost of a 0.75 million gallon per day (MGD) induced-draft packed tower for…

A:

Q: If QD = 20 - p and QS a) $108 b) $72 c) $60 d) $36 = -4+2p, then variable cost is:

A: Equilibrium in the economy is reached where demand is equal to supply.

Q: The cost of a piece of equipment was $67,900 when the relevant cost index was 1457.4. Determine the…

A: Suppose, cost of the equipment (CM) is $67,900. The cost index (CI) is 1,457.4. new cost (NCM) is…

Q: The equipment for applying specialty coatings that provide a high angle of skid for the paperboard…

A: The overall cost factor (OCF) is 3.96. Delivery cost (DC) is $390,000. The total plant cost (TPC)…

Q: The cost of an electrode position control system in an electric arc furnace was $16,000 when the…

A: The cost of arc furance = $16000 Exponent  = 0.65

Q: The cost for construction of a desulfurization system for flue gas from boilers at a 600 MW power…

A: The given information: Cost (C1) = $250 million Correlation exponent (x) = 0.67 New Cost (C2) = $55…

Q: If the cost of an imported high-speed assemblyline robot is $80,000 and the in-country cost for one…

A: The cost of the robot (CR) is $80,000. The cost of new robot (CNR) is $120,000. The new robot’s…

Q: Eight years ago when the relative cost index was 60, a 10 MW power generation facility cost $5M to…

A: We have, 8 years ago Index, 11 60 Today's Index, 12 = 110 8 years ago Cost, C1 = $5 million Power…

Q: The delivered equipment cost for setting up a production and assembly line for two-way floating ball…

A: In this particular question, we are required to find cost estimate. One method of doing this is…

Q: In 2009, the Office of the Under Secretary of Defense projected that a critical International…

A: Suppose, the present value (PV) is $3,423. Actual future value (FV) is $5,167. Time period (n) is 7…

Q: The equipment cost for removing arsenic from a well that delivers 800 gallons per minute is $1.8…

A: Given:- The equipment cost is given as $1.8 million or $1,800,000 The overall cost factor is 2.25.…

Q: Determine the Total revenue if the explicit cost is $350 and the Implicit cost is $180.

A: Explicit cost is determined to be as the out of the pockets cost which basically requires an outflaw…

Q: A mini-wind tunnel for calibrating vane or hotwire anemometers costs $3750 in 2011 when the Marshall…

A: Cost estimation using capacity is given as: Ct = C0 (Q1/Q0)x (It/I0) Where, Ct = cost estimation at…

Q: Estimate the cost in 2018 of a 950-horsepower steam turbine air compressor if a 200-horsepower unit…

A: The production of a cost estimate for a new project is based on the construction cost data from…

Q: The cost of a 68 m2 falling-film evaporator was 1.65 times the cost of the 30 m2 unit. What exponent…

A: The cost capacity factor can be calculated by using the following formula:

Q: The average cost function is:- 21Q - 33 Calculate the total cost function

A: We are given that the average cost function of the firm is as :- 21Q - 33 We need to calculate the…

Q: The IT department allocates indirect costs to user departments on the basis of CPU time at the rate…

A: Indirect cot (IC) is $2,000 per second. First department usage (FD) is 900 seconds. Second…

Q: A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and…

A: Break-even point: It is the point where TC=TR.

Q: The cost of lumber per million board feet (MBF) in January 2007 was $464.49 when the value of the…

A: MBF = 464.49 MCI = 2583.52

Q: The delivered equipment cost for a fully equipped CNC machining system is $1.6 million. The direct…

A: a.) The delivered equipment cost can be calculated as follows: Thus, the delivered equipment cost…

Q: The cost for constructing a small building in 1999 was $700,000. The construction cost index was…

A: The estimated cost can be calculated as follows:

Q: The ABC Manufacturing Company incurs an annual fixed cost of $100,000 to maintain its production…

A: Annual fixed costs incurred by ABC Manufacturing Company for maintaining its production facilities…

Q: Required information The delivered-equipment cost for a fully equipped CNC machining system is $4.8…

A: Given:-Equipment cost=$4.8 millionDirect cost factor=1.52Indirect cost factor=0.43Please find…

Q: Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had…

A: The estimated cost at time period t is given by,