Calculate the economic feasibility in terms of making

Assignment Help Econometrics
Reference no: EM13190746

As a Plant Manager your plant team informs you that they have found a way to increase the size of the manufacturing run from 10,000 to 18,000 units in increments of 2000 units. The set up cost is 150,000 and defects cost $120 for removal/repair.
A. Calculate the Economic Feasibility in terms of Making or Buying.

Reference no: EM13190746

Questions Cloud

After napoleon-france was governed until 1830 by : After Napoleon, France was governed until 1830 by
Consistent fact with our discussion of specific investments : Wy might a parent company like McDonald Hilton choose to franchise its local outlet rather than own them and staff them with employees In many smaller cities all McDonalds franchise are owned by the same franchise.
What is the domain and range of each function : Examine several newspapers and magazines and describe at least three examples of functions that you find. What is the domain and range of each function?
Egocentrism means : TRUE OR FAULSE Egocentrism means that audiences typically approach speeches by asking "Why is this important for me?"
Calculate the economic feasibility in terms of making : As a Plant Manager your plant team informs you that they have found a way to increase the size of the manufacturing run from 10,000 to 18,000 units in increments of 2000 units. The set up cost is 150,000 and defects cost $120 for removal/repair.
Psychoactive drugs produces the quickest : Which of the following psychoactive drugs produces the quickest and most powerful rush of euphoria?
What should be the size of the tax per pact of cigarettes : Studies indicate that the price elasticity of demand for cigarettes is about 0.4. If a pack of cigarettes currently costs $5 and the government wants to put a tax on it to reduce smoking by 20%, what should be the size of the tax per pact of cigare..
Prove that you should not also use the greedy strategy : Prove that you should not also use the greedy strategy. That is, show that thereis a game that you can win, but only if you do not follow the same greedy strategy as Elmo.
Similar ethical guidelines : Many professional organizations have similar ethical guidelines. How do you think they should sanction members who have violated these? Do you think from a practical standpoint they are able to enforce these? How might consumers be involved in helpin..

Reviews

Write a Review

Econometrics Questions & Answers

  Explain inverse demand function

This theater shows unusual films and treats early-arriving movie goers to live organ music and Bugs Bunny cartoons. If the theater is open, the owners have to pay a fixed nightly amount of $500 for films, ushers, and so on, regardless of how many ..

  Determine opportunity cost of delivering an extra pizza

The comparative advantage for pizza production belongs to __________ and the comparative advantage for pizza delivery belongs to __________. Based on their comparative advantages, Pat should specialize in _______ while Corey should specialize in ____..

  Apply the midpoints approach to the elasticity of supply

100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $1 to $2 is unit-elastic (Es 51.0). So how many popsicles will be sold each day in the short run if th..

  What total output must the cartel produce

What total output must the cartel produce in order to maintain this price and what output will an individual firm be restricted if this price is to be maintained (assume all firms are permitted to produce the same level of output)?

  How test statistic can be computed from two regressions

State what is its distribution under the null and why and explain the conditions under which you would reject H0

  Determine constant interest rate remain

The company's income statement indicates current profits of $15,000, which have yet to be paid out as dividends. Assuming the company will remain a "going concern" indefinitely and that the interest rate will remain constant at 6 percent,

  What should be the quantity sold to increase revenue

The Teenager Company makes and sells skateboards at an average price of $70 each. During the past year, they sold 4,000 of these skateboards. The company believes that the price elasticity for this product is about -2.5. If it decreases the price ..

  What would be the new long-run equilibrium price

If market demand is given by the functionQ=1000?P, where P denotes price, how many firms will operate in this long-run equilibrium?c) Suppose the government grants a lump-sum subsidy to each firm that manufactures the product. If this lump-sum su..

  How much will the profit or loss be

Refer to the above data. If the product price is $25 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss How much will the profit or loss be How much will the profit or loss be

  What is the efficient quantity of sandwiches?

If Sandwiches To Go Inc. buys all the sandwich producers and cuts production to 100 sandwiches an hour, what is the deadweight loss that is created?e. If in part d, Sandwiches To Go Inc. rations sandwiches to two per person, is this distribution of..

  Find the average cost function

A contractor purchases a piece of equipment for $26,000. The equipment requires an average expenditure of $9.25 per hour for fuel and maintenance, and the operator is paid $15.50 per hour to operate the machinery. Find the average cost function.

  Determine the probability

Scores of high school students on a national mathematics exam in Egypt were normally distributed with a mean of 86 and a standard deviation of 4.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd