Problem 1 d only Computerized Beverage Control SystemsBeverage dispensing systems- Beverage portion control systemsLiquor dispensing systemsRestaurant alcoholic beverage recipe costing.ProblemsProblem 1Several yield tests for roasting rounds of beef have been carefully undertaken. A summaryof results (average per round) follows:As purchased (AP) WeightServable WeightCost (AP)=22 lb 7 oz17 lb 10 oz$6.95 per lba. What is the cost per servable pound?b. Use the above information to determine the number of pounds of rounds to purchasefor a weekend buffet being planned for 275 guests (six [EP-on the plate] ounces willbe served to each guest).round #1round #2round #3c. Use the above information to calculate a cost factor and then use the cost factor todetermine the revised cost per servable pound when the AP price of the round rises to$7.45 per pound.d. Using the revised cost per servable pound, calculate the per portion cost for the six-ounce portion that will be provided on the buffet.Problem 2A yield test is done on three beef rounds. The as-purchased (AP) and edible portion (EP)data is shown below:AP (Original) Weight EP (Servable) Weight19 lb 12 oz16 lb 2 oz21 lb 13 oz17 lb 15 oz20 lb 9 oz16 lb 14 oz

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Omputerized Beverage Control Systems Beverage dispensing systems Beverage portion control systems Liquor dispensing systems Restaurant alcoholic beverage recipe costing roblems Problem 1 veral yield tests for roasting rounds of beef have been carefully undertaken. A summary results (average per round) follows: As purchased (AP) Weight Servable Weight = 22 lb 7 oz 17 lb 10 oz

Omputerized Beverage Control Systems Beverage dispensing systems Beverage portion control systems Liquor dispensing systems Restaurant alcoholic beverage recipe costing roblems Problem 1 veral yield tests for roasting rounds of beef have been carefully undertaken. A summary results (average per round) follows: As purchased (AP) Weight Servable Weight = 22 lb 7 oz 17 lb 10 oz

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 10E

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The ore of a gold mine in the province contains, on average, 0.5 ounce of gold per ton. Method A ofprocessing costs 150Php/ton and recovers 93% of the gold, while Method B costs only 120Php/tonand recovers 81% of the gold. If gold can be sold at 1,200/ounce, which method is better and by howmuch?a. Method A, by 43Phpb. Method A, by 42Phpc. Method B, by 42Phpd. Method B, by 43Php
Western Processors Ltd manufactures and distributes a wide range of consumer products from itslocation in Kingston Jamaica. The firm imports raw materials from North and South America andexports its products to several international markets. The firm also has a high market share locallyand in its overseas markets for its wide range of high and low-value products. Management of thecompany believes that the company could significantly improve both distribution andenvironmental impact from transportation by investigating the possibility of using various modesof transportation for its various consumer products. Required:A. The company designs its transportation network so that a Distribution Centre servesseveral large customers in its local and international markets. Outline how the companycan use such a network to reduce transportation costs while replenishing inventory morefrequently.
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Jane Livingston, an industrial engineer at Energy Conservation Service, hasfound that the anticipated profitability of a newly developed water-heaterthe temperature-control device can be measured by net present worth as PW = 5.63V(4.3X - $15) - 33,580 where Vis the number of units produced and sold and X is the sales price per unit. She also found that the V parameter value could occur anywhere in the range of 1,500 to 5,000 units and the X parameter value anywhere between $10 and $35 per unit. Develop a sensitivity graph as a function of the number of units produced and sales price per unit.
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2.1 I would like to see only the figures to come to the answer 66% 2,2 R98847, 44 and R106211. 18 How did we arrive there? 2.3 19.41%
2.4.1 Total Cost in Material SelectionIn many cases, economic selection among materials cannot be based solely on the costs ofmaterials. Frequently, a change in materials will affect the design and processing costs, and shipping costsmay also be altered.Care should be taken in making economic selections between materials to ensure that anydifferences in shipping costs, yields, or resulting scrap are taken into account. Commonly, alternativematerials do not come in the same stock sizes, such as sheet sizes and bar lengths. This may considerablyaffect the yield obtained from a given weight of material. Similarly, the resulting scrap may differ forvarious materials.In addition to deciding what material a product should be made of, there are often alternativemethods or machines that can be used to produce the product, which, in turn, can impact processingcosts. What could be the factors affecting the cost of materials that one should consider?
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You need to determine whether a project is profitable or not in a long run. Based on the data given, which of theseprojects will be profitable according to engineering economy methods?a. θ = 3 yrs., Net Value: 0b. Accumulated (without interest) net values of the revenues, expenses and investments after 5 years is +300.c. Accumulated (without interest) net values of the revenues, expenses and investments after 4 years is +100.d. θ = 6 yrs., Net Value: +400
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