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What effective steps should be taken by Engineers that will enable the firm to
design and manufacture products economically?
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- A paint manufacturing company uses a sand mill for fine grinding of paint witn an output of 100 liters per hour using glass beads as grinding media. Media load in the mill is 25 kg costing ₱200.00 per kg and is fully replenished in 2 months time at 8 hours per day operation, 25 days a month. A ceramic grinding media is offered to this paint company, costing ₱400 per kg and needs 30 kg load in the sand mill, but guarantees an output of 120 liters per hour and full replenishment of media in 3 months. If profit on paint production is ₱15 per literl which media is more profitable and how much is the difference in profit?i only need the C's solutionWhich calculations would be used to estimate resource costs for 12 months
- Method of full coating is taking into account a. Only direct costs and respective contribution margin b. All costs including fixed and variable costs c. Only direct costs and respective gross margin d. Total sum of fixed costs,but only a paid amount of variable cosWill give rate Engineering economics Please provide CORRECT solutionsA company has a production capacity of 500 units per month and its fixed costs are P 250,000 a month. The variable costs per unit are P 1,150 and each unit can be sold for P 2,000. Economy measures are instituted to reduce the fixed costs by 10% and the variable cost be 20%. Determine the old and new break-even point, old and new monthly profit at 100% capacity.
- How is an engineering economic decision is more complex andmore significant to the company?Describe the Fundamental Principles in Engineering Economics?A company planning to manufacture Webcams has to decide on the location of the production facility. Three location are being considered A, B and C. the fixed costs at the three locations are estimated to be $40000, $65000, and $32000 per year respectively. The variable costs are $4, $2.5 and $4.5 per unit, selling price in three location is $110, $180 and $90 respectively. Maximum capacity is 12000 unit/year in A, 19500 unit/year in B and 9600 unit/year in C. Find the following below: 1- Break- Even quantity in three location2- Profit or loss in location A when quantity is 400 and 300 3- Profit or loss in location B when quantity is 350 and 450 4- Profit or loss in location C when quantity is 425 and 325 5- Maximum revenues in A, B and C6- Range of profit at Demand in A, B and C Sketch the Break – Even chart each three location