variable cost/unit location fixed cost elm 125 .01 ferry 50 .03 getty 75 .02 if expected output is 4000, the best alternative is location 8 8
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- Question 1. Identify the range of output for which each alternative is superior(has the lowest cost) 2. If the expected output at the selected location is to be 10000 units per year, which location would provide the lowest total cost? Location Fixed Cost Variable cost A $250,000 $11 B $100,000 $30 C $150,000 $20 D $200,000 $35Question 1. Mr. Jack is in the process of expanding his manufacturing business. He decided to open a plant in the coming year. He has four locations in mind. The costs information for these locations is in the following table.Locations A B C DFixed Costs 60,000 80,000 100,000 130,000Variable Costs/unit30 20 15 10 i. Write an equation to represent the total costs for each location.ii. Draw the total costs lines for each location on the same axes. (Use output ranges of 2000, 4000, 6000, 8000 etc. and intervals of $50,000 on the Y axis.iii. Over what range of output is location A the most preferred location?iv. Over what range of output is location B the most preferred location?v. Over what range of output is location C the most preferred location?Question 1 A firm is considering three different locations in which to build a factory. The costs associated with each location are given below. Location A B C Fixed Costs 500 700 900 Variable costs per unit 10 6 4 Plot the crossover chart for the locations. What level of output will each location be preferred? Write an equation to represent the costs for each location. Use algebra to determine the crossover points.
- QUESTION 21. Mr. Jack is in the process of expanding his manufacturing business. He decided to opena plant in the coming year. He has four locations in mind. The costs information for these locations is in the following table.Locations A B C DFixed Costs 60,000 80,000 100,000 130,000Variable Costs/unit 30 20 15 10a.i. Write an equation to represent the total costs for each location. ii. Draw the total costs lines for each location on the same axes. (Use output rangesof 200, 400, 600, 800 etc. and intervals of $50,000 on the Y axis.iii. Over what range of output is location A the most preferred location?iv. Over what range of output is location B the most preferred location?v. Over what range of output is location C the most preferred location?Topic: Application of the hybrid system energy in Kuwait and answer following question 1:Provide a brief description of problem context 2:Defining your problem requirements 3:Defining the main constraints and limitations faced by your projectQuestion 1 (a) Beijing Daxing International Airport (PKX), China’s new USD11 billion mega airport in Beijing was opened in September 2019 (Source: BBC News, 2019). The new airport is located around 46 km from Tiananmen Square. Noise pollution from aircraft is a major concern especially for the dense population living in the vicinity. Authorities have been working with the aviation community to address these concerns during the planning stages and even now when the airport is in operation. With reference to PKX, propose three (3) strategies that you think can be applied for noise reduction or abatement at PKX. Give reasons why you chose these strategies.
- Q 3 locations have been identified as suitable options for building a new factory. The fixed and variable costs for each of the 3 potential locations has been estimated. Identify the best location when a) Demand estimate is 2000 units b) Demand estimate is 3500 units and c) Identify point of indifference between B and C (Rupees) (Rupees) Location Annual Fixed Cost Unit Variable Cost A 5,00,000 300 B 7,50,000 200 C 9,00,000 1004 demand trends of a shopping mall in new york? the points should be positive so the investor is interested to investA department is preparing a trip for 80 volunteers to an area affected by the typhoon. The transportation company to transit the volunteers has 8 vans of 15 seats each and 5 vans of 10 seats, but only has 15 drivers available. The rental cost for a large van is $150 and $100 for a small van. Calculate how many vans of each type should be used for the trip for the least possible cost. Question 1: What objective function will be used to evaluate the minimum cost? Question 2: Given the feasible region, how many corner points does the LP model generate? Question 3: Given the graph of the LP model, which of the following is not a corner point? (0,0), (0,8), (0,15) (15,0) Question 4: How many constraints, excluding the non-negative constraints, will be considered for the determination of the optimal solution? Question 5: What is the minimum cost referred to in the problem?
- Build New plant option=Question 1: Janana De Malucho Textile Mill Co., Ltd. produces and sells 40/s combed and 60/s combed yarns for air-jet looms, which are being sold at high prices. To this end, they hired people from nearby villages, where there are few job opportunities. Sher Zaman employees devised a cost reduction plan, but the production manager did not welcome it. Another employee, Waseem, made some suggestions to improve its design, but the production manager was also not satisfied.1.State the management principle violated in the above paragraph.2.Determine any two values that the company wants to convey to society and how? Explain in your own words?Criteria Strong Support Support Business Strategy Urgency 10% of Sale From New Products Competition Fill Market Gap Weighted Total (a) Weighted Total (b) Weight 2 5 4 3 1 3 ? ? Project 1 9 5 2 0 2 5 ? ? Project 2 3 7 2 0 2 5 ? ? Project 3 6 8 2 3 6 8 ? ? Project 4 1 0 5 10 6 9 ? ? Project 5 3 10 10 1 8 0 ? ? The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Above are five projects under consideration. Using the scoring matrix above, which project would you rate highest? Lowest? If the weight for “Strong Sponsor” is changed from 2.0 to 5.0, will the project selection change? What are the three highest weighted project scores with this new weight? Why is it important that the weights mirror critical strategic factors?