Each rented car makes a $100 profit per day and each unrented car makes a loss of $30 per day. It is known that 11, 12, and 13 cars will be demanded with the probabilities 0.4, 0.5, and 0.1 correspondingly. How many cars a firm should have to get the maximum profit?
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- Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.A scrap value of $ 1300 at the end of the 6th year of an agricultural machine purchased for $ 8000 It is expected to be sold. The operating costs of the machine are 1700 dollars in the first year and in other years. It is estimated that it will increase by 11% each year. At an annual interest rate of 8% Find the equivalent present value of the machine.Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web-site construction is estimated to be $170,000. Variable processing costs are estimated to be $6 per book. The publisher plans to sell single-user access to the book for $52. (a) Build a spreadsheet model in Excel to calculate the profit/loss for a given demand. What profit can be anticipated with a demand of 3,600 copies? For subtractive or negative numbers use a minus sign. -378,800 (b) Use a data table to vary demand from 1,000 to 6,000 in increments of 200 to test the sensitivity of profit to demand. Breakeven occurs where profit goes from a negative to a positive value, that is, breakeven is where total revenue = total cost yielding a profit of zero. In which interval of demand does breakeven occur? (1) Breakeven appears in the interval of 3,200 to 3,400 copies. (ii) Breakeven appears in the…
- An airline studied the data from their passenger records and noted that their customers turn up only about 95% of the time. A flight can accommodate 40 passengers and each seat costs 4,000 Php. Suppose each passenger books a ticket independently and the airline decides to sell 42 tickets for the flight. If more than 40 show up for the flight , then the extra passengers will be compensated PhP10,000 for rebooking and other expenses. 5. If Profit = Ticket sales-Compensation of Bumped passenger(s). What is the profit if 42 customers show up?A manufacturer has been shipping his product (moderately heavy machines), mounted only on skids withoutcomplete crating. To avoid crating he must ship in freight cars which contain only his machines. To do thishe must pay freight on a car capacity load of 42 tons regardless of whether or not the car is completely full.In the past he actually has shipped only 30 tons in each car. The carload freight rate is P4.10 per hundredpounds. If the machine is crated so that they can be shipped in mixed car lots, along with other merchandise,they can be shipped at a rate of P4.20 per hundred pounds with the freight bill computed only on the actualweight shipped. The cost of crating would be P25 per machine and would increase the shipping weight from1,200 to 1,220 pounds per machine. Which procedure should be followed? (1 ton = 2,200 lbs)tion 1 A web page designer purchases a car for $18,395. The sales tax is 6.5% of the purchase price, car license fee is 1.2% of the purchase price and the designer makes a $2500 down payment. Assuming the designer gets the loan at an annual interest rate of 7.5% for 4 years, determine the monthly car payment. (answer in whole number)
- 49. Maintenance costs for a new facility are expected to be $1i12,000 for the first year of operation. It is anticipated that these costs will increase at a rate of 8 percent per year. Assuming a rate of return of 10 percent, what is the present value of the stream of maintenance costs over the next 30 years?The annual maintenance costs of a machine that has been in use for 3 years are 300 TL, 350 TL and 375 TL, respectively. The machine is expected to be available for 8 years after purchase. The maintenance costs foreseen for the coming years are 400 TL in the first year and 150 TL in the following years. If the machine is sold today, it can be sold for 1500 TL, and in the following years for 1000 TL. What is the optimum regeneration time of the machine if the MCVO is 10%?A machine that costs $8,000 is expected to operate for 10 years. The estimated salvage value at the end of 10 years is $0. The machine is expected to save the company $1,554 per year before taxes and depreciation. The company depreciates its assets on a straight-line basis and has a marginal tax rate of 35 percent. What is the internal rate of return on this investment?
- A company invests in upgrades to improve the gas mileage of its transportation fleet. These upgrades require an initial investment of $550,000 but save the company $130,000 per year. What is the discounted payback period of these improvements assuming a MARR of 7%, assuming interest is compounded at the end of the year?The maintenance expense on a piece of machinery is estimated as follows. Maintenance for the 1st year is P150 and increase by P150 every year until the fourth year. If interest is 8%, find the equivalent uniform annual maintenance cost.State the difference between the simulated average demand and expected average demand in simulation ?