In Benefit/cost ratio analysis, if the salvage value is used to recover the first cost, it is being considered as: Select one: a. negative cost b. benefit c. disbenefit d. cost
Q: In the context of process analysis a. _____ can help eliminate or minimize bottlenecks. b. _____…
A: A bottleneck is a stage in a process that restricts the overall capacity of the process. In a…
Q: The main tool for managing the project scope, as described in PMBOK, is the O project charter O…
A: The phase of project planning known as project scope entails identifying and recording a list of the…
Q: The owner refuses to approve the current pay request. Can he do that? The GC pulls off the job and…
A: ANSWER: Answer to the question:- The owner refuses to approve the current pay request. Can…
Q: The cost of any activity measured in terms of the vaule of the next best alternative forgone is…
A: When someone chooses any activity and leaves other, the value in terms of cost of the best option…
Q: The decision-making process where costs and benefits are usually measured in dollars is called a(n)…
A: The decision making process is an important determinant for a firm or a business. It helps in…
Q: The total mechanical and electrical unit costs for a library are listed as $40 per square foot,…
A: The total mechanical & electrical unit costs = $40 Total cost of project = $119
Q: Compare and contrast economies of scope and economies of scale. Be sure to include outside sources.
A: Average total cost signifies the amount of dollars expended on developing an average unit of the…
Q: Below are the study cases referring specific type of cost involved, you are required to state the…
A: There are majorly two types of costs involves against any item which are as follows: \ Fixed Cost :…
Q: A manufacturer of certain household goods caters primarily to the south Indian market. At present,…
A: Market demand is the sum total of demand in different market of a particular product. In simple…
Q: Trailblazer Company sells a product for $270 per unit. The variable cost is $105 per unit, and fixed…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
Q: impact of fixed and variable cost on break even analysis
A: Fixed and variable costs are the two costs that are considered to be an important costs that a firm…
Q: A benefit-cost ratio greater than one implies that the benefits outweigh the costs which makes the…
A: Answer to the question is as follows:
Q: Two people developed first-cut cost estimates to construct a new 130,000 square foot building on a…
A: a. The total cost of construction for A (TCA) can be calculated as follows: The total cost of…
Q: "Toyota motor corporation with labor incentive manufacturing processes are most likely to benefit…
A: As Toyota motor corporation has a labor intensive production technique for the production of its…
Q: In a modified B/C ratio:a. disbenefits and M&O costs are subtracted from benefitsb. disbenefits…
A: A benefit/cost ratio tells us the relationship between the relative costs(C) and benefits(B) of a…
Q: Describe the types of Strategic Engineering Economic Decisions?
A: The types of strategic engineering economics decision in the manufacturing sectors are: New Product…
Q: An engineering student has only 45 minutes before the final exam in her Engineering Economy class.…
A: The cost-efficient ratio can be calculated as follows.
Q: Large projects, such as a new tunnel under the Hudson, the Big Dig in Boston, the Denver airport, a…
A: Cost estimates is the term used by the producer to calculate a roughly idea of the price of the…
Q: Why are benefit cost ratios inappropriate for evaluating alternative projects?
A: In cost benefit analysis, the overall relationship with the benefits as opposed to the costs are…
Q: In the design of a jet engine part, the designer has a choice of specifying either an aluminum alloy…
A:
Q: In a modified B/C ratio: Select one: a. M&O costs are put in the denominator. b. Dis-benefits are…
A: The benefit-cost ratio is the ratio of the present value of the benefit to the present value of…
Q: From the standpoint of the final solution (amount of input used and the resulting amount of output…
A: Profit maximizing level of output for a firm is at the point where marginal revenue equals marginal…
Q: Which of the four characteristics of general purpose technologies have the least impact on…
A: In economics, a general purpose technology can be considered bas more beneficial than the technology…
Q: Cost that is affected by a management decision is known as ____________ A. Historical cost…
A: The firms in the market bear a lot many costs and these costs affect the firms’ functioning and…
Q: engineering economics: match or answer the following
A: 1) Debt Capital 2) Equity Capital
Q: Question 4 XYZ Company manufactures and sells plates. Present sales output is 4,000,000 per year at…
A: The contribution margin the difference between the total revenue collected and total variable cost…
Q: ____ are defined as costs which are incurred regardless of the alternative action chosen in a…
A: In economics total cost refers to the market value of the inputs used by the firm in its production…
Q: A municipal solid-waste site for a city must be located at Site A or Site B. After sorting, some of…
A: here we calculate he cost of the both site and select the cheaper site by using the given…
Q: An understanding of the underlying behavior of costs helps in all of the following EXCEPT:…
A: Any firm has to incur costs when undertaking the production of a commodity or a service. The costs…
Q: What evaluation criterion is used in economic analysis?
A: In economic analysis, while judging the viability of a project or while making any investments…
Q: break-even
A: Break-even analysis entails calculating and examining the margin of safety for an entity based on…
Q: An enterprising student has set up an internship clearinghouse for business students. Each student…
A: Under the first method (traditional) 20 minutes are required to view the form and arrange the…
Q: In the design of a jet engine part, the designer has a choice of specifying either an aluminum alloy…
A: In the design of a jet engine part, the designer has a choice of specifying either an aluminium…
Q: Fixed cost is a. Any cost that does not vary with the quantity of output. b. The ratio of total cost…
A: Companies have different costs linked to their company. These expenses are broken down by the…
Q: The most difficult method of budgeting is... Objective and task Competitive parity Affordable…
A: Budgeting refers to the action of an individual when he makes a plan to record the estimate revenue…
Q: Define the term cost-reduction project?
A: The achievement of a true and lasting reduction in the unit cost of produced products is referred to…
Q: If the establishment or manufacturing company finds new raw materials, or less expensive, or…
A: Cost of production:- The phrase "production cost" relates to all the expenses incurred whenever a…
Q: A company is analyzing a make-versus-purchase situation for a component used in several products,…
A: Cost: The term cost alludes to the money related estimation of consumptions for crude materials,…
Q: All of the following questions may benefit from engineering economics, except for A Determining how…
A: Questions which benefit from engineering economics are as follows: 1) Determining which projects are…
Q: Multiple Choice Question : Please select all of the following that are true regarding cost structure…
A: Thank you for the question. Since you have posted multiple sub-parts. As per BNED policy we will…
Q: The sales mix percentages for Guillen's Chicago and Charlotte Divisions are 70% and 30%. The…
A: To calculate the break-even point in terms of dollar value, the break-even sales are multiplied by…
Q: A manufacturing firm has received a contract to assemble 1000 units of test equipment in the next…
A: Number of units to be assembled = 1000 units Rate of skilled worker = $33 per hour Time taken by…
Q: contribution margin per unit. b. deciding whether fixed costs would change as a result of the…
A: When several products are sold by a company, the management will be interested in finding out…
Q: A police department wants to allocate the indirect cost of speed monitoring to the three toll roads…
A: The police department wants to allocate the cost to the three different toll roads because it wants…
Q: A tire dealer buys 4000 tires a year from a local distributor. Each tire costs $75, the ordering fee…
A: The above question is based on the concept of "Economic Order Quantity". The problem is regarding…
Q: Which delivery system would you choose for each of the following 5 scenarios (AND WHY), if the item…
A: Projects are temporary in nature. They are not an everyday business process and have definitive…
Step by step
Solved in 2 steps
- "Toyota motor corporation with labor incentive manufacturing processes are most likely to benefit from sending manufacturing operations overseas because the bulk of potential cost savings relate to labor costs”. Question: Toyota Motor Corporation identifies relevant and irrelevant costs and benefits in a decision.The sales mix percentages for Guillen's Chicago and Charlotte Divisions are 70% and 30%. The contribution margin ratios are Chicago (40%) and Charlotte (30%). Fixed costs are $555,000. What is Guillen's break-even point in dollars? a. $194,250 b. $1,500,000 c. $1,585,714 d. $1,681,818A strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MUs, while for the international market it is 15 MUs.The company has the capacity to produce up to 10 tons of strawberries for sale and, according to SAG restrictions, it must dedicate at least 10% of its production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.a) Raise the NLP model that allows maximizing the net profit for the companyb) State the KKT conditions for the problem and indicate whether they are necessary and / or sufficient.c)…
- Which one is corect? An understanding of the underlying behavior of costs helps in all of the following EXCEPT: sales volume can be better estimated process inefficiencies can be better identified and as a result improved true costs can be better evaluated costs can be better estimated as volume expands and contractsA community public works project will cost $92,000 and will benefit five different individuals. Individual Individual Benefit ($) Individual Cost ($) 1 4,500 6,000 2 18,500 15,000 3 19,000 17,000 4 30,000 24,000 5 29,000 30,000 Does this project meet the Pareto efficiency improvement criterion? If possible, revise the cost shares to allow the project to meet the Pareto criterion and to pass a referendum. please use excel with formulasThe cost of any activity measured in terms of the vaule of the next best alternative forgone is called? a. sunk cost b. opportunity cost c. Attained cost d. fixed cost
- A company is investigating the “make or buy” decision for a new item, with the following cost structure: a) At what volumes would each decision be preferred?b) What is the most economical decision for a volume of 15,000 per year?Suppose ADI Corporation's breakeven sales volume is $450,000 with fixedcosts of $200.000.(a) Compute the contribution margin percentage.(b) Compute the selling price if va ri a ble costs are $12 per unit.The decision-making process where costs and benefits are usually measured in dollars is called a(n) __________ analysis. Group of answer choices sum total quantitative aggregate cost–benefit
- Another oil refiner is offering to trade you 10,150 Bbls of Alaska North Slope (ANS) crude oil for 10,000 Bbls of West Texas Intermediate (WTI) crude oil. Assuming you currently have 10,000 Bbls of WTI crude, the added benefit (cost) to you if you take the trade is closest to: A) ($1,400) B) $1,400 C) ($3,908) D) $3,9081. Compute the contribution margin per unit if the total fixed cost is P400, 000 and breakeven point is 4,000 units. a. P25 b. P100 c. P2, 500 d. P1, 000 2. What is the contribution margin ratio when the fixed costs are P13, 000, 000, the sales are P25, 000, 000, and the variable costs are P10, 000, 0000? a. 40% b. 48% c. 60% d. 52% 3. Which of the following is the value that we need to consider that will contribute towards covering fixed cost and providing for profit?* a. contribution margin b. net margin c. gross profit d. gross marginA strawberry growing company is deciding its production and sale plan for the national and international markets.The sale price for each ton of strawberry depends on the quantity offered in the market. If x1 tons is offered for the domestic market, the sale price will be (30 - x1) CU / ton, while if x2 tons is offered for the international market, the sale price will be (40 - x2) CU / ton.The cost for each ton of strawberry for the domestic market is 10 MU, while for the international market it is 15 MU.The company has the capacity to produce up to 10 tons of strawberries for sale and according to SAG restrictions, it must dedicate at least 10% of production to the international market.For technical production reasons, the company must additionally satisfy the following restriction: x12 + x22 ≤64.d) There is the option of buying new machinery to increase the production capacity of the company. In what range should the new machine increase production capacity to suit the company? How…
