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An electric utility uses natural gas as fuel for a large multi-unit power plant. With all units in-service, for a given hour the plant's fixed cost is $120,000 and its variable cost is $50 per megawatt demanded. Total revenue each hour in dollars varies with demand. TR is given by TR=150D-0.02D2 where D is megawatts demanded for a given hour:
a. What is the hourly demand in megawatts that will maximize the total revenue?
b. What is the hourly demand in megawatts that yields the maximum profit?
c. What is the maximum profit?
d. What is the domain (range) of hourly megawatts demanded that will result in the plant being profitable (profit >0)?
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Introduction Our group has decided to analyze the Taco Bell restaurant on xxx WT Harris Blvd. Taco Bell is a fast food restaurant with a seating capacity of xxx. Etc. We have chosen 5 items to analyze and have presented them below. Etc. OVER 2. Optim..
If the MARR is 8%, what is the equivalent uniform annual cost (EUAC)?
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