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- plz solve 8th only within 30-40 mins I'll give you upvoteplz solve first 3 parts only (2.4),(2.5) within 30-40 mins I'll give you multiple upvoteIn connection with surfacing a new highway, a contractor has a choice of two sites on which to set up the asphalt-mixing plant equipment. The contractor estimates that it will cost $1.25 per cubic yard mile (yd3 –mile) to haul the asphalt-paving material from the mixing plant to the job location. Factors relating to the two mixing sites are as follows: (See pic) The job requires 50,000 cubic yards of mixed-asphalt-paving material. It is estimated that four months (17 weeks of five working days per week) will be required for the job. Compare the two sites in terms of their total costs. Assume that the cost of the return trip is negligible. A) Which is the better site? B) For the selected site, how many cubic yards of paving material does the contractor have to deliver before staring to make a profit if paid $8.35 per cubic yard delivered to the job location?
- The monthly demand for ice cream cans being manufactured by Mr. Rivera is 3,200 pcs.With a manually operated guillotine the unit cutting cost is Php 50.00. An electricallyoperated hydraulic guillotine was offered to him at a price of Php 300,000 and whichreduced by 30% the unit cutting cost. Disregarding the cost of money, how manymonths will Mr. Rivera be able to recover the cost of the machine if he decides to buynow? Engineering EconomicsA vertical oil well has been drilled and completed. The productive zone is between the depths of 2,800 and 2,900 feet, you can assume there is oil in the entire thickness (gross = net). The average porosity is 10%, average water saturation is 20% and the oil formation volume factor is 1.3 RB/Stb. Other reservoirs with similar properties have drainage areas of 40 acres and the recovery factor 10.47305% (it is known with extreme precision!) a) Compute STOIIP and ultimate recovery, using the formals presented in lecture b) This well will also have a gas oil ratio (GOR) of 800 scf/bbl, how much gas is expected to be produced from this well?Fixed costs for Universal Exports are $600,000 annually. Its main-line export item is sold at a revenue of $2.10 per unit with variable costs of $1.50 per unit. (a) How many units must be sold each year for breakeven? (b) What would the annual profit be at sales of 1.3 million units? solve manually please <3
- The National Bank of Union City currently has one outsidedrive-up teller. It takes the teller an average of three minutes (exponentially distributed) to serve a bank customer.Customers arrive at the drive-up window at the rate of12 per hour (Poisson distributed). The bank operations officer is currently analyzing the possibility of adding a second drive-up window at an annual cost of $20,000. It isassumed that arriving cars would be equally divided between both windows. The operations officer estimates thateach minute’s reduction in customer waiting time wouldincrease the bank’s revenue by $2000 annually. Should thesecond drive-up window be installed? What other factorsshould be considered in the decision besides cost?A large company in the communication and publishing industry has quantified the relationshipbetween the price of one of its products and the demand for this product as Price = 150 − 0.01× Demand for an annual printing of this particular product. The fixed costs per year (i.e., perprinting) = RM50,000 and the variable cost per unit= RM40. a) Analyze what is the maximum profit that can be achieved if the maximum expected demand is 6,000 units per year. b) Compute what is the unit price at this point of optimal demand.The company PT. Surya Kencana requires raw materials of 50,000 kg per year,with a purchase price per kg of Rp. 50, -. Storage fee per kg per year of 20%of raw materials per kg. Order fee (every time you place an order) of Rp.10.000, -, Safety Stock is determined equal to material requirement for 15 days and lead timefor 10 days.Based on the data above, you are asked to:a. Calculate Economic Order Quantity (EOQ)b. The frequency of purchases for one year.c. Determine the Re-order Point, if one year operates 360 days.
- A subsidiary of a major furniture company manufactures wooden pallets. The plant has the capacity to produce 300,000 pallets per year. Presently the plant is operating at 70% of capacity. The selling price of the pallets is $18.25 per pallet and the variable cost per pallet is $15.75. At zero output, the subsidiary plant’s annual fixed costs are $550,000. This amount remains constant for any production rate between zero and plant capacity. Solve, a. With the present 70% of capacity production, what is the expected annualprofit or loss for the subsidiary plant. b. What annual volume of sales (units) is required in order for the plant to break even? c. What would be the annual profit or loss if the plant were operating at 90% of capacity? d. If fixed costs could be reduced by 40%, what would be the new breakeven sales volume?plz solve all parts with explanation within 30-40 mins I'll give you multiple upvoteSamsung Electronics is trying to reduce supply chain risk by makingmore responsible make/buy decisions through improved cost estimation. A high-usecomponent (expected usage is 5000 units per year) can be purchased for $25 perunit with delivery promised within a week. Alternatively, Samsung can make thecomponent inhouse and have it readily available at a cost of $5 per unit, ifequipment costing $150,000 is purchased. Labor and other operating costs areestimated to be $35,000 per year over the study period of 5 years. Salvage isestimated at 10% of first cost and MARR is 12% per year. Neglect the element ofavailability (a) to determine the breakeven quantity, and (b) to recommend makingor buying at the expected usage level.