Jay Don't upload any image please Light emitting diode (LEDs) light bulbs have become required in recent years, but dothey make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.53and lasts for 1,000 hours. A 15-watt LED, which provides the same light, costs $3.80 andlasts for 12,000 hours. A kilowatt hour of electricity costs $.129. A kilowatt-hour is 1,000watts for 1 hour. However, electricity costs actually vary quite a bit depending on locationand user type. An industrial user in West Virginia might pay $.04 per kilowatt-hourwhereas a residential user in Hawaii might pay $.25. You require a return of 9percent and use a light fixture 500 hours per year. What is the break-even cost perkilowatt-hour? (Do not round intermediate calculations and round your answer to 6decimal places, e.g., 32.161616.)Break-even cost

Details of 60-watt incandescent bulbcosts = $0.53hours = 1,000 hoursDetails of 15-watt LED bulbcosts…

Light emitting diode (LEDs) light bulbs have becom they make financial sense? Suppose a typical 60-watt and lasts for 1,000 hours. A 15-watt LED, which provid lasts for 12,000 hours. A kilowatt hour of electricity c watts for 1 hour. However, electricity costs actually var and user type. An industrial user in West Virginia

Light emitting diode (LEDs) light bulbs have becom they make financial sense? Suppose a typical 60-watt and lasts for 1,000 hours. A 15-watt LED, which provid lasts for 12,000 hours. A kilowatt hour of electricity c watts for 1 hour. However, electricity costs actually var and user type. An industrial user in West Virginia

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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Question

Jay

Don't upload any image please

Light emitting diode (LEDs) light bulbs have become required in recent years, but do
they make financial sense? Suppose a typical 60-watt incandescent light bulb costs $.53
and lasts for 1,000 hours. A 15-watt LED, which provides the same light, costs $3.80 and
lasts for 12,000 hours. A kilowatt hour of electricity costs $.129. A kilowatt-hour is 1,000
watts for 1 hour. However, electricity costs actually vary quite a bit depending on location
and user type. An industrial user in West Virginia might pay $.04 per kilowatt-hour
whereas a residential user in Hawaii might pay $.25. You require a return of 9
percent and use a light fixture 500 hours per year. What is the break-even cost per
kilowatt-hour? (Do not round intermediate calculations and round your answer to 6
decimal places, e.g., 32.161616.)
Break-even cost

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