EXERCISE-8 PRESENT ECONOMY B. A paint manufacturing company uses a sand mill for fine grinding of paint with an output of 100 liters per hour using glass beads as grinding media. Media load in the mill is 25 kg costing P200.00 per kg. and is fully replenished in two months time, at 8 hours per day operation, 25 days per month. A ceramic's grinding media is offered to the paint company, costing P400.00 per kg and needs 30 kg load in the sand mill, but guarantees an output of 120 liters per hour and full replenishment of media in 3 months. If a profit on paint production is P15.00 per liter, find the difference in the net profit between the glass bead and ceramics grinding media.

EXERCISE-8 PRESENT ECONOMY B. A paint manufacturing company uses a sand mill for fine grinding of paint with an output of 100 liters per hour using glass beads as grinding media. Media load in the mill is 25 kg costing P200.00 per kg. and is fully replenished in two months time, at 8 hours per day operation, 25 days per month. A ceramic's grinding media is offered to the paint company, costing P400.00 per kg and needs 30 kg load in the sand mill, but guarantees an output of 120 liters per hour and full replenishment of media in 3 months. If a profit on paint production is P15.00 per liter, find the difference in the net profit between the glass bead and ceramics grinding media.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

EXERCISE-8
PRESENT ECONOMY
3. A paint manufacturing company uses a sand mill for fine grinding of paint
with an output of 100 liters per hour using glass beads as grinding media.
Media load in the mill is 25 kg costing P200.00 per kg. and is fully
replenished in two months time, at 8 hours per day operation, 25 days per
month. A ceramic's grinding media is offered to the paint company, costing
P400.00 per kg and needs 30 kg load in the sand mill, but guarantees an output
of 120 liters per hour and full replenishment of media in 3 months. If a profit
on paint production is P15.00 per liter, find the difference in the net profit
between the glass bead and ceramics grinding media.
8hre per day cperafon, 2S doye per

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