EBK ENGINEERING ECONOMY
16th Edition
ISBN: 9780133819014
Author: Koelling
Publisher: YUZU
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Chapter 5, Problem 63P
(a):
To determine
Annual worth method.
(b):
To determine
Calculate the
(c):
To determine
Other factors.
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A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs are $10,875. The price demand relationship for this product is
P = -0.25D + 250, where P is the unit sales price of the product and D is the annual demand. Total cost = fixed cost + Variable cost, TC = CF + CV
Revenue = Demand x Price, TR = D x P
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A small company manufactures a certain product. Variable cost are $20 per unit and fixed cost are $10,875. The price-demand relationship of this product is P = -0.25D + 2550, where P is the unit sales price of the product and D is the annual demand. Find the Total Cost, Total Revenue and Profit.
Chapter 5 Solutions
EBK ENGINEERING ECONOMY
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