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Q1:The break-even point can be defined as the production and sales levels of a given product at which the revenue generated from the sales is perfectly equal to the production cost. At this point, the company does not make any profit or loss; that is, it breaks even. The shut-down point refers to the minimum price where companies prefer shutting down their operation instead of continuing to operate. In other words, it is the minimum price and quantity for keeping operations open. Break-even price P2 Shut-down price P1 MC £ AVC 9₁ 9₂ ATC As seen previously, the break-even point is the point where the marginal cost (MC) equals the average total cost (ATC). The shut-down point of production, on the other hand, is the price at which the marginal cost does not even cover the average variable cost (ATC). At this point, the company is better off stopping its production than keeping producing at a loss. Suppose the hospital operates in a perfectly competitive market. The market price of this product is $40. Assume that a manufacturing company Total Cost (TC) function is TC = 20Q6Q+Q" What is the minimum market price for which you will choose to produce?See Answer
Q2:1. Cummins Crane Corporation (3C) is considering replacing its controllers on its heavy lift cranes with new portable infrared controllers. 3C expects to achieve cost savings of $15K the second year, increasing by $1500 each year thereafter for the next 4 years. » Draw the Cash Flow Diagram (10 points) b. At an interest rate of 12% per year, what is the equivalent annual worth of the savings? (40 points)See Answer
Q3:You are shopping for a new laptop and want to compare the prices of three laptops. You will compare laptops with similar specifications, but where the brands and/or models are different. Perform the following tasks: Create a worksheet that compares the type, specifications, and the price for each laptop, as well as the costs to add an extended warranty. Use the concepts and techniques presented in this module to calculate the average price of a laptop and average cost of an extended warranty and to format the worksheet. Include a chart to compare the different laptop costs. Submit your assignment in Excel format (xlsx). You made several decisions while creating the worksheet in this assignment: how to organize the data, how to display the text, which calculations to use, and which chart to use. Describe your rationale behind each of these decisions. Note from the student: You can use Dell, Apple and HP City Lansing, MichiganSee Answer
Q4:5. A battery manufacturing plant has been ordered to cease discharging acidic waste liquids containing mercury into the city sewer system. As a 30 result, the firm must now adjust the pH and remove the mercury from its waste liquids. Quotations from three firms are included in the following A table of costs. Bidder Foxhill Instrument Quicksilver 50,000 5000 2500 7800 Almaden 90,000 5000 If the installation will last 15 years and money is worth 12%, which equipment should be purchased? Installed Cost Annual Operating Cost Annual Income from Mercury Recovery Salvage Value $ 70,000 $5000 $6500 $10,000 5- A consulting engineer has been hired to advise a town how best to proceed with the construction of a 200,000-m³ water supply reservoir. Since 32 only 120,000 m³ of storage will be required for the next 25 years, an alternative to building the full capacity now is to build the reservoir in two Astages. Initially, the reservoir could be built with 120,000 m³ of capacity and then, 25 years hence, the additional 80,000 m³ of capacity could be added by increasing the height of the reservoir. If interest is computed at 4%, which construction plan is preferred? Construction Cost Annual Maintenance Cost Build in two stages First stage $14,200,000 Second stage 12,600,000 Build full capacity now 22,400,000 0 10,000 $75,000 add $25,000 100,000 5- Use a 10-year analysis period and an 8% interest rate to determine which alternative should be selected: 36 A B First cost $6500 $12,000 Uniform annual benefit $1800 $2000 Useful life, in years 5 10See Answer
Q5: From the following figure find the rake angle and friction angle. By using the Merchant formula find the shear angle. See Answer
Q6: The following information is known for a component that can be produced with equal facility upon either of the two machines listed. Assume a linear depreciation over 10 years (40 hours per week and 50 weeks per year). The life of the tools of the two machines is assumed to be over 500 hours. a. If 600 components are required, what would be the cost per unit using each machine? Which machine should be used? (32 marks) b. What is the breakeven point of using these two machines to manufacture the components? (28 marks) c. What would be the cost of 1200 units when it needs to be produced urgently? (40marks) d. What would be the cost of 1600 units for individual machines when the life of the tool is 1300 units? (50 marks)See Answer
Q7: Instructions: Please fill the following Aggregate Planning table by using the Chase Demand strategy,when the following information is available. Beginning Inventory = 98 Beginning Workers = 11 Each worker can produce 5 pieces per month Cost of producing 1 unit by means of Regular Production = 37 ($/unit) Cost of holding 1 unit in inventory during 1 cycle = 6 ($/(unit*period)) Cost of hiring 1 worker = 434 ($/worker) Cost of firing 1 worker = 4489 ($/worker) (Write the numbers only, without any commas or any other symbol) What is the total cost of the system ($)? = ______ (Write the number only, without any commas or any other symbol, for example 3992903) See Answer
Q8: Consider the following charges for demand and energy: (Do NOT refer to the City of Sallisaw billing at the bottom of this document.) On-Peak charge: 16.2 cents /kWh Off-Peak charge: 3.7 cents /kWh Demand charge: $6.35/kW On-Peak period is from June 1st through October 30th, and between 9 am and 4 pm. The energy consumption for on-peak and off-peak months is as shown in the table below. Assuming no ratchet clause, compute the missing fields in the table below. If the power factor for the month is less than 0.90 at the point of delivery, billing demand will be increased by multiplying by 0.90 and dividing by the power factor (xx% expressed as .xx). Compute the missing fields in the table below. See Answer

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