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- Shown in the table are the cash flows for 4 water treatment systems that are to be compared at a MARR of 11% per year. Determine the savings between the alternative to be selected and the next one. Shown in the table are the cash flows for 4 water treatment systems that are to be compared at a MARR of 11% per year. Determine the savings between the alternative to be selected and the next one. Life n, years Capital Investment, $ Salvage Value, S Revenue, S 4 6 12 150,000 175,000 250,000 450,000 15,000 5,000 30,500 60,000 60,500 65,000 75,000The annual demand for an item is 10,000 units. The unit cost is Rs. 100 and inventory carrying charges are 14.4% of the unit cost per annum. The cost of one procurement is Rs. 2000. The time between two consecutive orders to meet the above demand isTrue, False or Uncertain. Explain your answer. Own wage elasticity JELLlincrease if product demand elasticity n? is high. In short run, when there is an increase in wage rate, each firm will hire less labor and so the industry labor demand is simply the horizontal summation of firm's labor demand. а. b. Labor demand is represented by the marginal revenue produce schedule (MRP) when we have competitive product market while it will be represented by the value of marginal product schedule (VMP) when we have a product market monopolist. When elasticity of substitution, SLK, increase that means the L and K are less substitutable, and the isoquant will be L-shaped. Minimum wage imposed by the government is always bad for the economy because it increase unemployment and deadweight loss. с. d. e. 3.
- A fast moving item has a demand of 18000 units/year. The cost of one procurement is Rs. 50 and inventory carrying or holding cost is Rs. 1.20 per unit per year. It is assumed that supply is received as soon as the order is placed and no shortage or stock permitted. Cost of one unit is Rs. 8. Determine : 1.EOQ 2.number of order per year 3 total cost per yearAn electronics retailer sells laptops at a steady rate of 7,500 per quarter. It costs the manufacturer $350 tomake each laptop, and they charge $400/laptop to the retailer. The manufacturer produces the laptop at asteady rate that matches demand, and incurs a fixed cost of $2,800 to fulfill each retail order. Both theretailer and the manufacturer have an annual holding cost percentage of 20%. The retailer places 10orders with the laptop manufacturer each quarter (which it determined from an EOQ calculation). What quantity discount should the manufacturer offer the retailer in order to minimize the total supplychain costs?The following is the data pertaining to an item in a firm. Annual demand = 10,000 units Cost/Order = Rs. 10 Cost/Unit = Rs. 20 Inventory carry = Rs. 4 cost per unit per year. Then the time between orders in days is
- The M–N plant manufactures two different products: M and N. Selling prices and weeklymarket demands are shown in the following diagram. Each product uses raw materialswith costs as shown. The plant has three different machines: A, B, and C. Each performsdifferent tasks and can work on only one unit of material at a time.Process times for each task are shown in the diagram. Each machine is available2,400 minutes per week. There are no “Murphys” (major opportunities for the system tofoul up). Setup and transfer times are zero. Demand is constant.Operating expenses (including labor) total a constant $12,000 per week. Raw materialsare not included in weekly operating expenses.a. Where is the constraint in this plant?b. What product mix provides the highest proi t?c. What is the maximum weekly proi t this plant can earn?1. A certain batch of parts is routed through six machines in a batch production plant. The setup and operation times for each machine are given in the table below. Batch size is 200 and the average nonoperation time per machine is15 hr. Determine (a) manufacturing lead time and (b) hourly production rate for operation 4.Machine 1 2 3 4 5 6Setup time (hr) 5 3 6 4 5 3Operation time (min) 3.0 3.3 8.2 3.9 4.5 2.3 a. 6(4.3+200(3.9/60)+15) = 193.8 hours 24.2 days if 8 hour shiftb. 4(60)+200(3.9)/200 =5.1 hourly production for operation 4 2. Suppose the part in the previous problem is made in very large quantities on a production line in which an automated work handling system is used to transfer parts between machines. Transfer time between stations is 30 sec. total time required to setup the entire line is 102 hr. Assume that the operation times at the individual machines remain the same as in the previous problem, Determine (a) manufacturing lead time for a part coming off the line,…5. The cost of producing a small transistor radio set consists of P 230.00 for labor and P 370.00 for material. The fixed charges in operating the plant is P 1,000,000.00 per month. The variable cost is P 10.00 per set. The radio set can be sold for P 750.00 each. Determine how many sets must be produced per month to break-even. (Ans. 7,143 units)
- Given the cost function C(x) and the revenue function R(x), find the number of units x that must be sold to break even. C(x) = 14x + 56,000 and R(x) = 18x. How many units must be produced and sold in order to break even? units Help me solve this View an example Get more help - Clear aAssignment A company manufactures two products X and Y, which require the following resources. The resources are the capacities machine M1, M2, and M3. The available capacities are 50, 25, and 15 hours respectively in the planning period. Product X requires 1 hour of machine M2 and 1 hor of machine M3. Product Y requires 2 hours of machine M1, 2 hours of machine M2 and 1 hour of machine M3. The profit contribution of products X and Y are $ 5 and $ 4 respectively. 1- Formulate the above problem as (LP) and set up the standard linear programming model and represent the information in a table. 2- Solve the problem by using the graphic method. Does the problem represent a special case of linear programming ..Show this case? 3- Identify the feasibility area solution. 4- How many units of each type of product should be produced?A manufacturer has the following data regarding a product: Fixed cost per month = Rs. 50000 Variable cost per unit = Rs. 200 Selling price Per unit = Rs. 300 Production capacity = 1500 units per month If the production is carried out at 80% of the rated capacity, then the monthly profit (in Rs.) is