No probabilities are known for the occurrence of the nature states. Compare the solutions obtained by each of the following criteria: Hurwitz (assume that alpha = 0.8)
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No probabilities are known for the occurrence of the nature states. Compare the solutions obtained by each of the following criteria:
Hurwitz (assume that alpha = 0.8)
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- Determine the board measure (BF) and the cost 2x4 = $1700 MBM MBM or FBM = Thousand Board Measure or Thousand Board Feet 2 x 6 = $1600 MBM 2x10 = $ 1900 MBM 3/8 OSB = $ 1700 7/16 OSB = $ 1750 All prices are given is per Thousand Square Feet 3/4 OSB = $ 2400 1) 250 pcs of 2x4 …. 10 feet long 2) 300 pcs of 2x6 …. 4 meters long 3) 45 pcs of 2x10 …. 16 foot longNewsvendor model : A retailer orders sunscreens from Sweden. The firm wants to make a single purchase. Unit cost (?)(v) is $12 and sales price (?)(r) is $24. Unsold sunscreens will be salvaged (?)(s) at $8 each at the end of the summer. The management estimates that there is no significant goodwill cost (?=0)(g=0) for lost sales. Find critical ratio (?)(R). 0.75 0.33 0.25 4A NEW GENERATOR HAS JUST BEEN INSTALLED. IT IS EXPECTED THAT THERE WILL BE NO MAINTENANCE CHARGES UNTIL THE END OF THE 5TH YEAR. P300.00 WILL BE SPENT AT THE END OF EACH SUCCESSIVE YEAR UNTIL THE GENERATOR IS SCRAPPED AT THE END OF ITS 14TH YEAR OF SERVICE. WHAT SUM OF MONEY SET ASIDE AT THE TIME OF INSTALLATION OF THE GENERATOR AT 6% WILL TAKE CARE OF ALL MAINTENANCE EXPENSES FOR THE GENERATOR? a.P3,958.31 b.P2,424.84 c.P1,524.79 d.P1,694.32
- If Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: O a. MS=100000 and MS (%)=D16 O b. MS=73000 and MS (%)=15.15 O c. MS=70000 and MS (%)=14.89 O d. MS=62000 and MS (%)=13.42Suppose the government imposes a per-unit tax on the buyers of instant noodles. Does it necessarily mean that the buyers have to bear the entire tax burden? Explain with a diagram. With the above diagram, explain the impact of the per-unit tax on the consumer surplus, producer surplus and total surplus.Costco can purchase a bag of Starbucks coffee for $20.00 less discounts of 20%, 15%, and 7%. It then adds a 40% markup on cost. Expenses are known to be 25% of the regular unit selling price. a. What is the cost of the coffee? What is the regular unit selling price? How much profit will Costco make on a bag of Starbucks coffee? What markup on selling price percentage does this represent? Repeat questions (a) through (d) if the list price changes to $24.00.
- company is buying mini computers. It costs Rs 5 lakh, and its running and maintenance costs are Rs 60,000 for each of the first five years, increasing by Rs 20,000 per year in the sixth and subsequent years. If the money is worth 10 percent per year, What is the optimal replacement period? Year 1 2 3 4 5 6 7 8 9 10 Running Cost 60,000 60,000 60,000 60,000 60,000 80,000 1,00,000 1,20,000 1,40,000 1,60,000The sales of digital cameras (in millions of units) in year t is given by the function f(t) = 3.04t + 6.82 (0 ≤ t ≤ 3) where t = 0 corresponds to the end of 2001. Over that same period, the sales of film cameras (in millions of units) is given by g(t) = −1.65t + 16.43 (0 ≤ t ≤ 3). (a) Show that more film cameras than digital cameras were sold in 2001. digital cameras million film cameras million (b) When did the sales of digital cameras first exceed those of film cameras?The estimated selling price of a new mobile phone is RO 90. The company wants to earn a mark up of 25% on cost. The estimated actual cost is RO 74. The cost gap is: a. RO 4 b. RO 3 c. RO 2 d. RO 1
- Given the variable costs (VC) and fixed costs (FC) from the table below, calculate the range for which each option minimizes cost Option FC_(R) VC (R/Unit) A 50000 2 B 100000 1 C 60000 1.4A small manufacturing produces certain product at a labor cost of $ 10.00 and material cost of $15 per unit. The fixed charges on the business are $10,000 a month, and variable costs businesse are $10,000 a month, and variable costs besides costs of materials and labor are $8.00 per unit. The products are sold wholesale at $63.00 each. 1) what is the breakeven sales volume of the company? 2) If for every 10 units produced comes out defective and has to be rejected with only full recovery of materials, what should be the break-even point sales volume?Product Cost under Full vs. Variable Costing Kate’s Kale Chips produces a healthy snackmade primarily of kale. Each bag of the product sells for $5. The company computes the manufacturing overhead rate on a quarterly basis based upon the planned number of units to be produced thatquarter. The following data are from the projections of Kate’s Kale Chips for the upcoming quarter:[LO 18-4]ProjectionsSales 20,000 bagsProduction 22,000 bagsVariable manufacturing cost per bag $2.00Sales and distribution costs per bag $0.15Total fixed manufacturing overhead $33,000Fixed administrative overhead $18,000Required1. Compute the projected product cost per bag produced under full costing.2. Compute the projected product cost per bag under variable costing