Problem 08-05 (algo) As an IT manager, you must decide how to allocate programmers between "support"-that is, doing bug fixes and responding to production issues-and the development of new features and systems. Both tasks are measured in completed "tickets," and for each activity, the weekly average product, total product, and marginal product are given in the accompanying table. Ticket completions of both types are equally valued by your company. Your programmers work in teams of 10. Currently you allocate two teams (20 programmers) to support and three teams (30 programmers) to development. How should you reallocate your teams, if at all, to achieve the maximum number of competed tickets per week? Number of Support teams AP TP MP AP Development TP MP 0 0 0 0 1 42 42 42 60 60 60 2 42 84 42 55 110 1931 50 3 42 126 42 50 150 40 4 42 168 42 45 180 30 5 42 210 42 40 200 20 Development: Support: team(s) team(s)

Problem 08-05 (algo) As an IT manager, you must decide how to allocate programmers between "support"-that is, doing bug fixes and responding to production issues-and the development of new features and systems. Both tasks are measured in completed "tickets," and for each activity, the weekly average product, total product, and marginal product are given in the accompanying table. Ticket completions of both types are equally valued by your company. Your programmers work in teams of 10. Currently you allocate two teams (20 programmers) to support and three teams (30 programmers) to development. How should you reallocate your teams, if at all, to achieve the maximum number of competed tickets per week? Number of Support teams AP TP MP AP Development TP MP 0 0 0 0 1 42 42 42 60 60 60 2 42 84 42 55 110 1931 50 3 42 126 42 50 150 40 4 42 168 42 45 180 30 5 42 210 42 40 200 20 Development: Support: team(s) team(s)

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Complete the table below: Output TotalCost(RM) Totalvariablecost(RM) Totalfixedcost(RM)Averagefixedcost(RM)Averagetotalcost(RM)Marginalcost (RM) 0 505 16010 20020 25036 33058 40072 48088 580106 700130 820150 980
The Trouser Company has fixed costs of 2,400 per week. In addition, we have some information about its total costs of production.Output020406080100120140TC2400530067007200770091001200017400a) For each of the output levels in the table, calculate the Trouser Company’s average variable costs (AVC), average (total) cost (AC) and marginal cost (MC).b) Sketch a diagram showing the marginal cost curve, the average variable cost curve, and the firm’s short run supply curve. c) Explain how the firm would maximise its profit, assuming that it faces conditions of perfect competition, in the short run.
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ATC, AAC, AVC, MC (/uni 270.00 24000 21000 180.00 150.00 120.00 10:00 60.00 30.00 0:00 02 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 Units of Output (0) Unit Cost Curves Refer to the graph above. The curves are not labeled. To help get this question right, you must first label the curves. An output level of 18 is identified with the dark vertical line. The shaded rectangular area (height times width) is the O average sunk cost. O total sunk cost O total avoidable fed cost. O total avoidable cost. O None of the above
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Please see the attached two pictures, one for the graph, and the other for the questions.
Can we outsource an IT Function? Give at least (3) risks or disadvantages of outsourcing the IT function.
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In the attached table, from 200 to 300 units of output, the average cost of production is in the short run. Question 35 a rising b C d Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. falling constant Output 0 indeterminant 100 200 300 400 Total Cost $5,000 $5,700 $6,300 $7,100 $8,000 □ Variable Cost $0 $700 $1,300 $2,100 $3,000
Which time period is the firm operating? Why?