second motors operate with input-output efficiency levels of 79% and 76%, respetively, and cost $5,200 and $3,500, again, respectively. Annual operational costs for each motor will be 14% of its initial value. If power costs are five cents per kW-hour, what is the minimum hours of operation required per year to justify the purchase of the more expensive alternative at i= 12%?
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- Gator Beach Marts, a chain of convenience grocery stores in the Fort Lauderdale area, has store hours that fluctuate from month to month as the tourist trade in the community varies. The utility costs for one of the company’s stores are listed below for the past six months. Month Total Hoursof Operation Total UtilityCost January 500 $ 2,120 February 600 2,400 March 750 2,850 April 450 2,050 May 400 1,750 June 350 1,650 Required:1-a. Use the high-low method to estimate the cost behavior for the store’s utility costs. Express the cost behavior in formula form (Y= a + bX).1-b. What is the variable utility cost per hour of operation?3-a. Construct an Excel spreadsheet and use the Excel commands to perform a least-squares regression. Estimate the cost behavior for the store's utility cost. Express the cost behavior in formula form.3-b. What is the variable utility cost per hour of operation?4. During July, the…Determine the utilization and the efficiency for each of these situations:a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day.b. A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five furnaces a day.c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? Explain.Situation A: If a person lives for 3 years with a disease and the current standard of care for that disease means he/she lives with a utility level of 0.7 .-What is the QALY? If that person takes a new medicine (Medicine A) because of which his/her utility level increases to 0.8,-What will be the new QALY? Calculate the benefit of new medicine. Situation C: if another new medicine (Medicine B) prolongs the patient’s life by 2 years, at a utility level of 0.7,-Calculate the new QALY
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- An auto-parts manufacturer is considering establishing an engineering computing center. This center will be equipped with three engineering workstations each of which would cost $25,000 and have a service life of five years. The expected salvage value of each workstation is practically zero. The annual operating and maintenance cost for each workstation would be $15,000. If the MARR is 15%, determine the equivalent annual cost of operating the engineering center.Mrs. Stellar Conch is the owner of an expanding business operating in bakery industry located in Kinston, Jamaica. Over the last few years business has been great. However, she believes it is time to grow and be more profitable. As such Mrs. Conch has decided to invest in a new sophisticated convection oven that would boost production levels by 200% in a more efficient manner. As an astute assistant manager to Mrs. Conch have asked you to analyze the following variables to assist in informing the correct decision: . Mrs. Conch is considering investing in one of two convection ovens - Type ABC and Type XYZ; The initial investment costs of ovens Type ABC and Type XYZ are both $120,000 each; Over a 5 year period directly following the investment, projected revenue attributed to the Type ABC oven is $70,000 a year. While projected expenditure is $40,000 a year for the Type ABC oven; This is not the same for the Type XYZ oven investment, which is projected to only have revenue and…Mrs. Stellar Conch is the owner of an expanding business operating in bakery industry located in Kinston, Jamaica. Over the last few years business has been great. However, she believes it is time to grow and be more profitable. As such Mrs. Conch has decided to invest in a new sophisticated convection oven that would boost production levels by 200% in a more efficient manner. As an astute assistant manager to Mrs. Conch have asked you to analyze the following variables to assist in informing the correct decision: Mrs. Conch is considering investing in one of two convection ovens - Type ABC and Type XYZ; The initial investment costs of ovens Type ABC and Type XYZ are both $120,000 each; Over a 5 year period directly following the investment, projected revenue attributed to the Type ABC oven is $70,000 a year. While projected expenditure is $40,000 a year for the Type ABC oven; This is not the same for the Type XYZ oven investment, which is projected to only have revenue and…
- 1. PUP 48,213 UST 40,000FEU 27,889LRT2 200,000 passengers dailyIf 60% of PUP, 30% of UST, and 85% of FEU students take LRT2 daily and pays an average fare of Php25 per day…What is the total annual market size (revenue) of LRT2?What is the total annual market size (revenue) of the 3 schools?If operations are halted for 1 week, what is the projected loss in revenues?What is the market share (volume) of:PUP students? UST students? Feu students?------------------------------------------------------------------------------2. Alice, Wonder, and Land are freshmen under the marketing management program. Every month, they purchase a piece of Panda ballpen. The price of the ball pen isPhp9.50.According to a recent survey, 45% of the marketing freshmen have the samepurchasing behavior as Alice, Wonder, and Land. Another 30% also purchase Panda ballpens regularly at the same price; however, they purchase once every 2 weeks. There are approximately 280 freshmen under the marketing management…Determine the utilization and the efficiency for each of these situations:b. A furnace repair team that services an average of four furnaces a day if the design capacity issix furnaces a day and the effective capacity is five furnaces a dayThe staff training center at a local university provides training sessions in online classes to most of its employees. Assume that the capacity of this training system was designed to be 1200 employees per year. Since the training center was first put in use, the program has become more complex, so that 1050 now represents the most employees that can be trained per year. In the past year, 950 employees were trained. Determine: The efficiency of this system (3 marks) Its utilization. (3 marks)