The potassium industry is perfectly competitive. Firms act as price takers and each firm in the industryoperates only one plant.  The following table shows data on incumbent plants in the potassium industry:AverageUnitVariableCost AnnualFixedCosts(millionsper year) Requiredinvestmentto constructnew plant(millions) Salvagevalue ofplantCapacity ofa plant(million tonsper year) Numberofplants $4 per ton $6 $70 $0 1 40 Also: Average variable cost is constant for any output up to full capacity operation. Firms have a cost of capital of 10 percent. All new plants that might be built would be identical to existing plants Market demand is given by the equation, Q = 160 – 5P, where the price P is measured in dollarsper ton and quantity Q is measured in millions of tons.  What are the entry price and long-run equilibrium in this industry?

You have just bought a used track-type tractor to add to yourproduction fleet. The initial capitalized value of the tractoris $110,000. The estimated service life remaining on thetractor is 10,000 hours and the anticipated operating conditionsacross the remainder of its life are normal. The salvagevalue of the tractor is $12,000. The tractor was purchasedon July 1, 1997.

The plant manager has asked you to do a cost analysis to determine when currently owned equipment should be replaced. The manager stated that under no circumstances will the existing equipment be retained longer than two more years and that once it is replaced, a contractor will provide the same service from then on at a cost of $97,000 per year. The salvage value of the currently owned equipment is estimated to be $37,000 now, $30,000 in 1 year, and $19,000 two years from now. The operating cost is expected to be $85,000 per year. Using an interest rate of 10% per year, determine when the defending equipment should be retired

Engineering Economy Compute the book value of the machine which costs ₱ 1 111 220 after 4 years if its useful life is 10 years. Use the double-declining balance method. Using this data compute using the SOYD and based on your solutions state which between double-declining and SOYD should be the best use by the engineer.

Determine the following:a. STA of limits of free haulb. STA of limits of economic haulc. Overhaul volumed. Length of overhaule. Cost of overhaulf. Cost of wasteg. Cost of borrow

ChemLabs uses raw materials I and II to produce two domestic cleaning solutions, A and B. The daily availabilities of raw materials I and II are 150 and 145 units, respectively. One unit of solution A consumes 0.5 unit of raw material I and 0.6 unit of raw material II. One unit of solution B uses 0.5 unit of raw material I and 0.4 unit of raw material II. The profits per unit of solutions A and B are $8 and $10, respectively. The daily demand for solution A lies between 30 and 150 units, and that for solution B between 40 and 200 units. Find the optimal production amounts of A and B.

Register number is 653 plz slove in 3 hours I am waiting it's my life risk

A firm is trying to decide which of two weighing scales it should install to check a package-filling operation in the plant. The ideal scale would allow better control of the filling operation, hence less overfilling. If both scales have lives equal to the 6-year analysis period, which one should be selected? Assume an 8% interest rate.

A light manufacturing firm has set up a project for develop- ing a new machine for one of its production lines. The most likely estimated cost of the project itself is $1,000,000, but the most optimistic estimate is $900,000 while the pessimists predict a project cost of $1,200,000. The real problem is that even if the project costs are within those limits, if the project itself plus its implementation costs exceed $1,425,000, the project will not meet the firm’s NPV hurdle. There are four cost categories involved in adding the prospective new machine to the production line: (1) engineering labor cost, (2) nonengineering labor cost, (3) assorted material cost, and (4) production line downtime cost. The engineering labor requirement has been estimated to be 600 hours, plus or minus 15 percent at a cost of $80 per hour. The nonengineering labor requirement is esti- mated to be 1,500 hours, but could be as low as 1,200 hours or as high as 2,200 hours at a cost of $35 per hour. Assorted…

Please solve the remaining sub parts. Thank you