Review the information provided about the revamp and maintenance of the animal kennels project for the Animal Welfare Society (AWS). Discuss any five constraints that would be experienced in this project by identifying the constraint and providing an applicable example of the constraint of the revamp and maintenance of the animal kennels project (5 x 3).
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- The cost of controlling carbon dioxide emissions [C(E)] at a firm goes up rapidly as the amount of emissions (E) increase. Let's assume the relationship is defined by the function below. C(E)= 5000+ 40E +2E² E20 where E is measured in tonnes per year and C is measured in dollars per year. a) Determine the Marginal Cost function for controlling carbon dioxide emissions and find the marginal cost at 50 tonnes of emissions: b) Determine the Average Cost Function for controlling carbon dioxide emissions and find the tonnes of emissions at minimum average cost. c) The government is charging a tax of $270 for every tonne of carbon dioxide emitted. At, 50 tonnes of emissions, is it profitable for the firm to control emissions on its own or pay the carbon tax?a) Describe, in general, the flow of the decision-making process in economic engineering. b) Calculate the equilibrium price and quantity corresponding to a scenario with a demand curve represented by Cd = 1600 - 30Pb and a supply curve represented by Co = 1400 + 70Pb. c) Calculate the new quantities supplied and demanded for the scenario of letter 'b', assuming a 10% increase in the equilibrium price found above.Define economie of scale and mention three aspects with supporting examples that can help to attain economies of scale in transport?
- Answer the attached questionIf the price of gas is less than $1 per gallon, how many gallons of gas would be supplied per week? $5 Price of gas ($ per $4 gallon) $3 $2 $1 $0 0 5 10 25 15 20 30 35 Quantity of gas supplied per week (millions of gallons) 40Given the following information, what adjustment would be needed to account for the difference in the living area or the market condition between the subject property and the comparable property (choose the closest answer) Market Conditions Lot Size Adjustments Bath -0.50% (per month) Effective Age (Years) $1,000 (per year) Bedrooms $25,000 (per acre) Living Area (Sq. Ft) $45.00 (per sq. ft.) $1,250 (per bath) $3,000 (per bedroom)
- A county transportation agency has asked you to suggest the allocation of bridge preservation budget of 50 million between Interstate and non-Interstate highway bridges. Political considerations require that urban populations receive at least $25 million in benefits and rural areas at least $10 million. As a rule of thumb, a $1 million investment yields total user benefits of $1.25 million for $1 million spent on Interstate highway bridges. $1 million for $1 million spent on non-Interstate highway bridges. The research also indicates that the distribution of benefits for each highway is.as shown in the attached table a) Formulate a linear programming (LP) problem to maximize total user benefits subject to the agency’s constraintsQuestion 9Hyundai Automobile U.S.A. is sponsoringa charity golf tournament to raise monies for achildren’s hospital in Birmingham. There are twopossible venues:• RTJ Golf Resort at Prattville, which has afixed rental cost of $6,810. The hotel providesfor meals and waiters and waitresses to servedrinks and finger foods at $60 per person. Thegreen fees and cart for each person will be $35.• Wynlakes Golf & Country Club, which has afixed rental cost of $2,400 plus a charge of $100per person for its own catering of meals andserving of drinks and finger foods. The greenfees and cart for each person will be $40.Hyundai budgets $5,000 in costs for administrationand marketing for the event. The band will cost afixed amount of $3,000. Tickets to this local community event will be $300 per person. All proceedsfrom the event will be donated to the children’shospital.(a) Compute the break-even point for each venue interms of tickets sold.(b) At what level of tickets sold will the two venueshave the same…
- Please show the solution to its corresponding answer stated in the problem.Paccar Winch makes winch components for its different product lines. The firm operates its production facility three hundred and five days per year. It has orders for about twelve thousand winch components per year and has the capability of producing one hundred and five per day. Setting up the winch production costs fifty five dollars. The cost of each winch component is one dollar and ten cents. The holding cost is fifteen cents per winch component per year. a) What is the optimal size of the production run? b) What is the average holding cost per year? c) What is the average setup cost per year? d) What is the total cost per year, including the cost of the winch components?At the optimal level of R&D, what is the relationship between the marginal benefit (MB) and marginal (MC)? MBMC