The fixed and variable costs for three manufacturing plant sites for a product are shown in the
Question:
a. Over what range of production is each location optimal?
b. Which site is best for the production of 200 units?
Transcribed Image Text:
Site Fixed Cost Variable Cost per Year per Unit $500 $1,000 $1,500 $10 $8 $6
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 41% (12 reviews)
If the value of the remachining option 60000 is reasonably certain ...View the full answer
Answered By
Benish Ahmad
I'm a professional software engineer. I'm lectutrer at GCUF and I have 3 years of teaching experience. I'm looking forward to getting mostly computer science work including:
Programming fundamentals
Object oriented programming
Data structures
object oriented design and analysis
Database system
Computer networks
Discrete mathematics
Web application
I am expert in different computer languages such as C++, java, JavaScript, Sql, CSS, Python and C#. I'm also have excellent knowledge of essay writing and research. I have worked in other Freelancing website such as Fiverr and Upwork. Now I have finally decided to join the SolutionInn platform to continue with my explicit work of helping dear clients and students to achieve their academic dreams. I deliver plagiarism free work and exceptional projects on time. I am capable of working under high pressure.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Question Posted:
Students also viewed these Finance questions
-
The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: (a) Over what range of production is each location optimal? (b) For a production of 200...
-
A manufacturing company preparing to build a new plant is considering three potential locations for it. The fixed and variable costs for the three alternative locations are presented below. Complete...
-
Peter Boyle is planning to build a new recycling plant. The fixed and variable costs for three potential sites are as follows (in U.S. dollars): 1. Over what range of recycling volume is each city...
-
(a) Using your knowledge of economics and how markets work illustrate and explain why the price of electricity has increased so much over the past 18 months throughout the EU. You should consider the...
-
Two alternative locations are under consideration (or a new plant: Jackson. Mississippi and Dayton Ohio, the Jackson location is superior In terms of costs. However, management believes that sales...
-
A 0.200-kg piece of aluminum that has a temperature of -155 C is added to 1.5 kg of water that has a temperature of 3.0 oC. At equilibrium the temperature is 0.0 oC. Ignoring the container and...
-
Show that the pure shrinkage estimator (Problem 9.25) is the solution to Data From Problem 9.25 The pure shrinkage estimator is defined as \(\hat{\beta}_{s}=c \hat{\beta}\), were \(0 \leq c \leq 1\)...
-
Use the expectancy theory model to predict Harry's motivation to achieve high or acceptable performance in his job. Identify and discuss the factors that influence this motivation. Motivation Case:...
-
What role does trust play in fostering fruitful collaboration among stakeholders in strategic alliances and partnerships? Explain
-
A car rental company charges $50 a day and 20 cents per mile for renting a car. Let y be the total rental charges (in dollars) for a car for one day and x be the miles driven. The equation for the...
-
You have been invited by friends to fly to Germany for October fest next year. For international travel, you apply for a passport that costs $97 and is valid for 10 years. After you receive your...
-
A friend of yours has been thinking about quitting her regular day job and going into business for herself. She currently makes $60,000 per year as an employee of the Ajax Company, and she...
-
Find the derivatives of the following functions using the quotient rule. f(x) = ltx
-
Is geolocation filtering a suitable substitute for a treaty on conflict of laws?
-
Are bloggers protected by journalists privilege? Does the Privacy Protection Act of 1980 apply to them?
-
How has the treatment of jurisdiction evolved due to the Internet?
-
What is personal jurisdiction? How do the criteria for special and general jurisdiction differ?
-
How can people get information about the legislative and judicial branches?
-
Find the mean and variance of the random variable X with probability function or density f(x). Uniform distribution on [0, 2]
-
For each equation, (a) Write it in slope-intercept form (b) Give the slope of the line (c) Give the y-intercept (d) Graph the line. 7x - 3y = 3
-
A piece of production equipment is to be replaced immediately because it no longer meets quality requirements for the end product. The two best alternatives are a used piece of equipment (E1) and a...
-
Suppose for some year the income of a small company is $110,000; the expenses are $65,000; the depreciation is $25,000; and the effective income tax rate = 40%. For this year, the ATCF is most nearly...
-
Your company just purchased a bar-code system for $70,000. It has a five-year MACRS class life. The expected market value of the bar-code system in 3 years is $32,000. What is the gain (or loss) when...
-
Prove that Russian multiplication does what it needs to do, i.e. the result is the product of the two integers. Do not use the proof of the book. It is mainly an exercise in understanding the binary...
-
What is the fundament difference between growing a unicorn versus a camel? What are the financial recommendations for start-ups and the reasons given for those choices? Do you agree with these...
-
16. Nickel Inc. bought $500,000 of 3-year, 9% bonds as an investment on December 31, 2015 for $545,000. Nickel uses straight-line amortization. On May 1, 2016, $100,000 of the bonds were redeemed at...
Study smarter with the SolutionInn App