Q: Joey is opening a coffee shop and he needs to decide how many baristas he should staff. He did some…
A: The following problem has been solved as follows:
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A: The Average Cost is the per unit cost of production obtained by dividing the total cost (TC) by the…
Q: An electric power distributor charges residential customers $0.10 perkilowatt-hour (kWh). The…
A: a. Monthly bill can be calculated as follows: The Annual Bill can be calculated as follows: Thus,…
Q: The owner shop is contemlating adding anew product which will require additional mouthly payment of…
A:
Q: Savemart needs 1000 coffee makers per year. The cost of each coffee maker is $78. Ordering cost is…
A: Annual demand = 1000 Ordering cost = $100 Per unit cost = $78 Carrying cost = 40% per unit Holding…
Q: A washer and dryer cost a total of $1101. The cost of the washer is two times the cost of the dryer.…
A: The definition of cost is the amount paid for something or the expense of doing something. Here, we…
Q: The cost C (in dollars) of manufacturing x number of high-quality computer laser printers is…
A: Increasing cost can be calculated as follows.
Q: A male worker performs a repetitive task requiring an 8.3 kcal/min energy expenditure rate for 3.5…
A: Given information: The expenditure rate when the repetitive task is performed = 8.3 kcal/min Time…
Q: How can the calculation of the Unit-Cost be done?
A: Fixed cost refers to those costs that remain the same regardless of the level of production.…
Q: Nancy Wallin has just purchased a new house that is in need of new flooring. The cost of Pergo…
A: Total Cost refers to the cost of all the processes and the costs of producing the total number of…
Q: 1. Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000,…
A: Given Monthly Fixed cost = $25000 Variable cost = $0.15 per pound of fertilizer Selling price of…
Q: 14. A manufacturer produces certain items at a labor cost of P115 each, material cost of P76 each…
A: Given Labor cost per item = P115 Material cost per item = P76 Variable cost per item = P2.32 Price…
Q: Note: Plot your points in the order in which you would like them connected. Line segments will…
A: Marginal cost (MC) is the addition to total cost resulting from one more output unit getting…
Q: chern California is given by: P = 13 N0.80 ed on your knowledge of non-line- essions and logarithm…
A: *Answer:
Q: What is the total cost of 4 units? Select an answer and submit. For keyboard navigation, use the…
A: Output FC VC TC MC AFC AVC ATC 1 130 30 160 - 130 30 160 2 130 50 180 20 65 25…
Q: at the production function of a chip manufacturer is Q-KL-L'. K-200, then 1,245 -10,000
A: Marginal productivity of labor shows the change in output due to employment of an additional unit of…
Q: A company manufactures products in batches of 200 on one machine. If the company works 8 hours per…
A: Batches of Machine = 200 company work. 8 hrs, 5 days per week
Q: After a six months of work on the projects site, your company collected the following information…
A: According to the question, it is given that : BAC=$156,478.00 Planned value (PV) =$95,565.24 Earned…
Q: If in an economy the fixed cost is $212 and the variable cost or $644 what are the total cost?
A:
Q: How is the Handling Geometric Gradient Series process performed by economic engineers?
A: Geometric gradient series is a series of cash flows that will be either increase or decrease at the…
Q: The MC of the 30th unit is $200. True or False?
A: Marginal Cost (MC): - it is the additional cost incurred due to the production of additional units…
Q: new cruise missile guidance control. The i rst unit took 4,000 hours to complete and cost $30,000 in…
A: Answer a) 80% of the 22nd unit = 0.369770% of the 22nd unit = 0.2038 Hours in 22nd units = 0.3697 x…
Q: In engineering economics, the term cost is used in many ways. What are they?
A: Engineering Economics helps in the study of economic principles and its application from a…
Q: A fırm has the production function: q = 20L04K0.8 With L=20 and K=24, what is the MRTS? Provide your…
A: Given: Production Function : q=20L0.4K0.8 L=20 & K=24
Q: You are setting up a new production line for a new type of delivery drones. You observed that the…
A: (Q) You are setting up a new production line for a new type of delivery drones. You observed that…
Q: Estimate the total cost of a house (from purchasing a lot to furnishing it) using the following…
A: The total cost is calculated as follows.
Q: One product has a production cost of $20, packaging costs of $5, shipping cost of $10, and other…
A: Landed cost is the total price of a product or shipment once it has arrived at a buyer's doorstep.…
Q: Currently, your unit labor cost is $9.40 and you have an automation rating of 4. You change the…
A: Given the following information: *Unit labor cost at present =$9.40*Automation rating increases from…
Q: Your bakery can produce 3,000 unit of bagel per week for 48 weeks of operation per year. You aim to…
A: Given : Number of bagel per week = 3000 Number of weeks per year = 48 Amount to be paid for dough…
Q: Engineering Economy a certain amount of money was invested for two year at a rate of 7 1/2 %. At…
A: Simple Interest (S.I.) is the technique for computing the premium sum for a specific chief measure…
Q: YCS MPC | MPS APC | APS S=MPC = MPS = APC =APS = 300 360 410 400 600 510 800 250 1050 0.32
A: Savings =Income(Y)-Consumption(C) Marginal propensity to consume - is the change in consumption…
Q: A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and…
A: Total cost = 15000 + 1000X Total Revenue = 2500 X
Q: A customer just paid $77.91 for a raincoat. If the percent markup based on cost is 47%, what was the…
A: Answer in step 2.
Q: With that money, you are going to buy a new 3D printer. You estimate that you will print 10,000…
A: Requirement = 10,000 watches per year Time Period of machines (N) = 8 years
Q: A process has a cycle time of 10 minutes. The throughput time is 10 hours. If the throughput time is…
A: The net duration needed to manufacture a product covering from the start to the end is termed…
Q: a. Himaya resigned as an architect with a monthly salary of RM5000. He used his savings of RM120000…
A: The economic costs incurred by firms include explicit costs and implicit costs. Explicit costs are…
Q: Hplant produces 15000 gallons per particular chemical cost 2.5millions in n 1987. when the Cast…
A: Given: Old cost=2,500,000 New cost or cost now=5,000,000 Old capacity= 15,000 gallons New…
Q: The AVC at 2 units is: A) 80; B) 35; C) can not be determined; D) 70; E) 40.
A: The average variable cost indicates the total variable cost per unit in short-term manufacturing,…
Q: Jenkins Ltd manufactures remote control cars which sells for $500 each. The fixed cost is $70000 and…
A: Fixed costs are the costs which can't be altered in the short run and on the other hand the variable…
Q: The total cost (in hundreds of dollars) of producing x calculators per day is given by the equation.…
A: A cost function (C(x)) expresses the cost of production as a function of quantity. "The total cost…
Q: If total revenue is $3600 and the per unit price is $30 What is the output sold
A: The data presented in the question is:- Total revenue = $3600 Per unit price = $30 Total output…
Q: machine part can be exhausted either from aluminum or steel. There is an order of 8,000 units. Steel…
A: We have, Order quantity = 8000 units. Steel cost = P 3.80 per kg Aluminum cost = P 8.70 per kg Steel…
Q: Calculate price per unit of table if total revenue is $6600 and the output sold is 30 units
A: The data presented in the question above is:- Total revenue = $6600 Output sold = 30 units We have…
Q: If annual revenue is $560,000, determine the annual profit or loss.
A: When total annual costs are more than the total annual revenue, the firm incur an annual loss. When…
Q: Calculate Total revenue is per unit price is $10 and output is 320
A: According to the above mentioned question, we have:- Price per unit= $10 Output = 320 units Total…
Q: Lavish Inc. finds that the total cost of producing and selling "D" number of ACU sets is…
A: PROBABILITY IS A NUMBER THAT REFLECTS CHANCE THAT A PARTICULAR EVENT WILL OCCUR. PROBABILITY CAN BE…
Q: Chrysler is considering a cost reduction program. the suppliers must reduce the cost of the…
A: Given : Program setup = $13,500,000 Cost reduced by 4% each year
Q: If fixed cost is $2100 and the output is 30 units Find AFC
A: The information we have in the question:- Total fixed cost is $2100 Output of the firm = 30 units…
Q: What is the total cost of 2 units? Select an answer and submit. For keyboard navigation, use the…
A: Total cost is the sum of cost spent on purchase of both fixed and variable factors. As Average Total…
Q: Question 1 Cost of a stainless vessel in year 2002 was $33,000. Estimate its cost in year 2016 by…
A: The data presented in the question above is:- In 2022 cost of stainless steel vessel = $33,000 CEPCI…
If TVC is $1000 and output is 20 units
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