Reference no: EM13186736
The Haverford Company is considering three types of plants to make a particular electronic device. Plant A is much more highly automated than Plant B, which in turn is more highly automated than Plant C. for each type of plant, average variable cost is constant so long as output is less than capacity, which is the maximum putput of the plant. The cost structure fo each type of plant is as follows:
Average Variable Costs
Plant A
Plant B
Plant C
Labor
$1.10
$2.40
$3.70
Materials
0.90
1.20
1.80
Other
0.50
2.40
2.00
Total
$2.50
$6.00
$7.50
Total Fixed Costs
$300,000
$75,000
$25,000
Annual Capacity
200,000
100,000
50,000
a. Derive the average costs of producing 100,000, 200,000, 300,000 qne 400,000 devices per year with Plant A. (For output capacity of a single plant, assume that more than one plant of this type is built).
b. Derive the average costs of producing 100,000, 200,000, 300,000, and 400,000 devices per year with Plant B.
c. Derive the average costs of producing 100,000, 200,000, 300,000 and 400,000 devices per year from Plant C.
d. Using the results of parts (a) through (c), plot the points on the long-run average cost curve for the production of these electronic devices for outputs of 100,000, 200,000, 300,000 and 400,000 devices per year.
|
What price should managers charge in each market
: The demand curve for the firm's output in the second market is P2 = 80 - 2Q2, where P2 is the price of the product and Q2 is the amount sold in the second market. The firm's marginal cost curve is 5 + Q, where Q is the firm's entire output (destin..
|
|
State distillation flask the instant all of the azeotrope
: A mixture consisting of 50 grams ethanol and 50 grams water is distilled using an efficient column. How much water will remain in the distillation flask the instant all of the azeotrope has distilled?
|
|
What was the equilibrium rice of a box
: In 2012, the box industry was perfectly competitive. The lowest point on the long-run average cost curve of each of the identical box producers was $4, and this minimum point occurred at an output of 1,000 boxes per month. The market demand curve..
|
|
State nacl in enough water to produce
: which has the same osomotic pressure as blood, can be prepared by dissolving 0.923 g of NaCl in enough water to produce 100.mL of solution. What is the osmotic pressure of this solution at 25 C. But NaCl dissociates into ions
|
|
Which is the maximum output of the plant
: The Haverford Company is considering three types of plants to make a particular electronic device. Plant A is much more highly automated than Plant B, which in turn is more highly automated than Plant C. for each type of plant, average variable c..
|
|
Compute the final temperature of the water heat capacity
: assuming no energy is transferred to or from the surroundings, calculate the final temperature of the water after all the ice melts heat capacity(s) 37.7 jmolk
|
|
What is her expected level of consumption
: Moorea spends all of her income on Mochi Frozen Yogurt which costs $1 per cup. She makes $400 per month but lives in a bad neighborhood and is robbed of half her money 20% of the time. Assume YN and YR represent her consumption of yogurt in cups..
|
|
Define cahn-ingold-prelog priorities
: Rank the substituents shown below in order of Cahn-Ingold-Prelog priorities (1 = highest priority group, 4 = lowest priority group).
|
|
When did the most recent oil-related supply shocks occur
: The U.S. Entergy Information Agency supplies current and historical data for world crude oil prices. Look both at current and historical data on world crude oil prices. Over the last six months, do you think the price of crude oil has produced an ..
|