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- Anation with fixed quantities of resources is able to produce any of the following combinations of carpet and carpet looms: Yards of Carpet (Millions) Carpet Looms (Thousands) 75 60 20 45 35 30 45 15 50 50 These figures assume that a certain number of previously produced looms are available in the current period for producing carpet. To answer this question, assume carpet looms is on the y-axis and yards of carpet is on the x-ais The plot of these points that make up the PPF has a vertical intercept of and a horizontal intercept of This PPF would be (Enter your responses as a wvhole number) bowed out a straight line12 A production company is studying the relationship between the average cost/unit and number of units produced in a batch. A sample of 10 batches is selected and the data is given below. No. of Units Produced 20 35 50 65 80 95 110 120 135 -150 Cost/unit 37.7158 36.0158 30.8158 27.8158 20.0364 16.9064 14.3766 13.8564 13.9696 13.847Plastic cups are made by forming of raw plastic. The price of plastic is 4.500 OMR per kg and the price of plastic cups is 13 OMR per 1000 cups. Plant requires differ- ent machine which cost about 50,000 OMR, but the machines has to be imported, after paying 25% as customs duty. On a graph paper, draw a freehand graph and represent all important parameters. Due to increase in plastic price, the break-even quantity has increased by 10%. Find out the new plastic price?
- According to the following given information how to determine: Production Times (months) 1 9 10 11 12 13 14 15 product of 970 1,180 1,239 1,293 1,350 1,398 1,410 1,480 1,492 1,500 1,520 1,592 1,605 1,660 1,685 (Z unit) A) Break Even-point or points? B) How is to construct the relationship between entire variables through the simple drawing for all above figures and highlighting of Break Even point the drawing? C) Justify your final answer for each line of production.Solve the following LPP Max Z = 8 X1 + 10 X2 + 12 X3 X1 + X2> = 22 X1 - X2 = N - 24 X2, Where N is your Number=80 X1, X2, X3> = 0 If the question can be solved by using the graphical method if it can be solved by graphical method find the value of the variables with the objective function. And if it is not possible, explain the reason and suggest a method of solution. Write below your final results or the conclusions you reach:= 1:36 MicrolnternationalProject 5G 49 Done International Aspect of Project Homework Below is an except pasted from a semester project for this course (broken into two pieces). Your task is to respond to this prompt and to cite at least one source. For this assignment, the source may be scholarly or from a periodical. Your source should be documented as a reference using APA style. Be sure to respond to the prompt using concepts from our course. You may use models to illustrate your points. 1. American solar farms receive billions of dollars in taxpayer subsidies each year. These subsidies allow them to substitute grain production for energy production. How do U.S. solar farm subsidies hurt or benefit Mexican farmers? 2. What does this imply for U.S. food production independence? What could be done to address this problem, and would the solution be effective? Notice, having a positive effect, a negative effect or no net-effect is a possibility on Mexican farmers. Whatever your answer,…
- (Figure: Interpreting Equations on a Graph) In the graph, if x is 0, then the y-intercept is y%3D14 + 6x O 14. O 14.6. 0. O 0.6.. (a-) Graph the function Y= 36/X , assuming that X and Y can take positive values only. Next, suppose that both variables can take negative values as well; how must the graph be modified to reflect this change in assumption?Consider the data points in the table below: Y 120- Y 1.0 80.0 2.0 60 0 100- 3.0 40.0 4.0 20.0 5.0 0.0 80- Using the multipoint curve drawing tool, in the graph to the right, plot each point in the table above. Carefully follow the instructions above and only draw the required object. 60- 40- 20 0-
- 2. Consider the following estimated regression equation (standard errors in parentheses): Yi-120+ 0.10Ft + 5.33Rt (0.05) (1.00) R² = 0.5 i. ii. iii. where A Yi = the corn yield (bushels/ha) in year t Ft = fertilizer intensity (pounds/ha) in year t Rt = rainfall (inches) in year t Interpret the meaning of the intercept. Suppose you are told that the true value of BF (coefficient on fertilizer intensity) is known to be 0.20. Does this show that the estimate is biased? Why or why not? Suppose you were told that the equation does not meet all the classical assumptions and, therefore, the OLS estimator used is not BLUE. Does this mean that the true BR (coefficient on rainfall) is definitely not equal to 5.33? Why or why not?Windies Cricket manufactures Windies supporter jerseys. The quantity q, of thesejerseys demanded weekly is related to the wholesale price per jersey p, by thefollowing equation:? = −0.006? + 15The weekly total cost incurred by Windies Cricket for producing q jerseys is:?(?) = 38? − 0.02?2 + 30,000a. Determine an expression to represent the weekly Revenue functionb. Determine an expression to represent the weekly Profit function.c. Calculate the weekly Revenue when ten dozen jerseys are produced and sold.d. Will Windies Cricket record a loss or profit if they were to produce and sell 2450jerseys?e. If Windies Cricket wishes to maintain a total cost less than $42,000.00, whatrange(s) of Windies jerseys should be produced. f. Calculate the equilibrium price and quantity for Windies jerseys.If the annual rate of world oil consumption t years after 1970 is modeledby the equation R(t) = 16.1e^.07t (billions of barrels per year), how much total oil (net change) was used between 1976 and 1980?