which method is better and by how much
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The ore of a gold mine in the Mountain Province contains, on the average, 2 gram of gold per
ton. One method of
another method cost only ₱1,400.00 per ton and recovers 85% of the gold. If the gold can be
sold at ₱8,000.00 per gram, which method is better and by how much?
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- Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.It costs a pharmaceutical company 75,000 to produce a 1000-pound batch of a drug. The average yield from a batch is unknown but the best case is 90% yield (that is, 900 pounds of good drug will be produced), the most likely case is 85% yield, and the worst case is 70% yield. The annual demand for the drug is unknown, with the best case being 20,000 pounds, the most likely case 17,500 pounds, and the worst case 10,000 pounds. The drug sells for 125 per pound and leftover amounts of the drug can be sold for 30 per pound. To maximize annual expected profit, how many batches of the drug should the company produce? You can assume that it will produce the batches only once, before demand for the drug is known.
- The ore of a gold mine in the province contains, on average, 0,5 ounce of gold per ton Method A of processing costs 150Photon and recovers 93% of the gold, while Method B costs only 120Php/ton and recovers 81% of the gold. If gold can be sold at 1,200/ounce, which method is better and by how much?A gold mining area in Lanao contains on average, 1 ounce of gold per ton. Two methods of processing are available; method A costs ₱1.5 M per ton and recovers 90% of gold; method B cost ₱1.3M per ton and recovers 80% of the gold. If gold can be sold for ₱2.4M per ounce, which method is better and by how much?A company with a capacity of 3,000 units a month has fixed costs of P1,500 a month and labor costs of P10 a unit. Material costs are P5 per unit. The company has been producing at 80 percent of capacity and selling its product for P20. What would its net income be at 100 percent at capacity. What would its net income be at 120 percent of capacity if it is assumed that 20 percent more products could be produced on overtime at an extra P3 labor cost per unit for all production above 100 percent?
- Hi can I get help on this please? I am stuck!! Question: lumber and plywood. In a given week, the mill can turn out 400 units of production, of which at least 100 units of lumber and at least 150 units of plywood are required by regular customers. The profit is $25 per unit of lumber and $38 per unit of plywood. Assume that all units produced are sold. How many units of each should the mill produce in order to maximize the profit? What is the maximum profit?There are four fare classes on a flight with the following rates: Y: $800 B: $500 M: $350 T: $200 The EMSR of the next seat is $425. According to EMSRa, what is the lowest fare class open? Y M T B1. UST 40,000 (Commerce 5,000; Medicine 15%; AB 20%; Law 5% and others) Average price per computer device Php25,000 Average price per Apple device Php30,000 In UST, students from Commerce, Law, and AB purchased at least one (1) computer device in December 2020. Given that students replace their computer devices once every 2 years on average, what is the projected market size (units/revenues) for computer devices for these colleges until the end of 2025? What is the concentration of sales/revenue of computer devices among the colleges (CDI)? Please include explanations and formulas. Thank you
- A gold mining area in Lanao contains on average 1 ounce of gold per ton. Two methods of processing are available; method a cost 1.5m per ton and recovers 90% of gold: method b cost 1.3m per ton and recovers 80% of the gold. If gold can be sold for 2.4m per ounce which method is better and by how muchAssuming your company is producing Apple and Samsung phone cases. It is required to process in the assembly and paint shops to make either phone case. It takes 1/60 of a day and 1/40 of a day to paint an Apple case and a Samsung case in the paint shop, respectively. It takes 1/50 of a day to assemble either type of case in the assembly shop. An Apple phone case and a Samsung phone case yield profits of $300 and $220, respectively, per case sold. What is a maximum-profit daily production plan for your company?It takes an operator 1.70 minute to service a machine and 0.2 minute to walk to the next machine. Each machine runs automatically for 2 minutes, the operator earns $14.00/hour and the machines cost $22.00/hour to run. After calculating n1 and n2, How many machines can the operator service based in the lowest TEC? A. 2 B. 4 C. 6 D. 5 E. 3