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- Q4: A project is considered to last for 10 weeks with a budget of $1,600,000. The cost behaviour of the project in its first 6 months is exhibited in the following table. The project progress is considered linearly proportional to time. Cost behaviour of the project in Q4: Cost data WK6 WKI WK2 WK3 WK4 WK5 Earned value to date ($) 150,000 300,000 480,000 900,000 1,200,000 1,480,000 Actual cost to date ($) 200,000 350,000 600,000 820,000 1,120,000 1,520,0000 a. Use the EV formulas to evaluate the project's progress performance over the six weeks.Consider the following production and cost functionsq=〖(10K^(2/5)+5L^(2/5))〗^(5/2)1250=20K+8LWhich implies〖MP〗_K=10〖(10K^(2/5)+5L^(2/5))〗^(3/2) K^(-3/5)〖MP〗_L=5〖(10K^(2/5)+5L^(2/5))〗^(3/2) L^(-3/5)What is the profit maximizing combination of K and L?Intelligent Inc. specializes in the manufacture ofcomponents for personal computers. Managementhas determined that the daily cumulative cost of producing these components (in dollars) is given by:C(x) = 0.0001x3 - 0.08x2 + 40x + 5000where x is the number of components produced.(a) What is the actual cost incurred for manufacturing the 301st component?(b) What is the marginal cost of the 200th component? What can you say about the marginal costas a function of x (increasing or decreasing)?(c) What is the average unit cost if you produce just300 units?
- SITUATION3: Under the data collected from the office of Department of Transportation and DPWH over the last 5 years indicate that for each fatality, there are 40 non-fatal injury accidents ($1500 present cost each) and 300 property damage accidents ($2000 present cost each). What is the breakeven value of statistical Me (VSL) needed to justify a highway project if i is 8%? The death rate on a particular three-lane road is 8 per 100 million vehicle-miles. Adding a lane would reduce this to 5 per million, and other accidents would cost $1.5M per mile to build, and annual maintenance would be 3% of the first cost. Assume that the lane would last 40 years. The road carries 10000 vehicle per day. Use reduction factor of 3/8 for all accidents. (Non-CE students no need to answer this item).Problem 1 Brutus Corporation produces two products, Paper Towel (P) and Foot Mop (F), which must be processed in two departments, Cutting and Finishing. Cutting has 130 hours available per month, while Finishing has 185 hours. The number of hours required to process the products in the two departments and the contribution margin per unit of the products are as follows: CM per unit Required hours per unit: Cutting Finishing Required: Paper Towel (P) 18 4 hours 6 3) In the Cutting constraint, if F=0, how much is P? 4) In the Finishing constraint, if P=0, how much is F? Foot Mop (F) 24 8 hours 10 |||ec8bbe18814005fde4649?start=true .2 Modeling with Linear Functions OPEN I am < Previous 3 attempts remaining. TAMU_QID: BM_0004c A company has fixed costs of $540 and can produce 20 items for a total cost of $1,380. The company then sells these items to the public for $72 each. Determine each of the following functions. Enter all answers below in slope-intercept form, using exact numbers. a. Find the company's linear cost function. C(z) = b. Find the company's linear profit function. P(z) = %3D Submit answer 456 PM 86°F Sunny 0006 9/13/2021
- Eng eco. Q2 Consider the following data of a company for the year 1997:Sales = Rs. 1,20,000Fixed cost = Rs. 25,000Variable cost = Rs. 45,000Find the following:(a) Contribution10K L%. 1). Consider the production function Q = (a) What is the output when K = 100000 and L = 243? (b) Use the marginal analysis to estimate Q(99995, 243) and Q(100000, 245). (c) Use a calculator to compute these two values of Q to three decimal places and compare these values with your estimates in (b). (d) How big must AL be in order for the difference between Q(100000, 243+AL) and its linear approximation Q(100000, 245) + -DAL, to differ by more than two units?Small and medium sized contractors are most likely to keep ony____on staff
- If engineering change order is the activity for an application of the ABC method of overhead allocation, the most reasonable cost driver(s) may be:1 – number of changes processed2 – size of the work force3 – management cost to process the change ordera. 1b. 2c. 3d. 1 and 39. K Please answer in 4 decimal placesTopic: engineering economicsQ2) One of the energy companies incurred miscellaneous costs and a group of engineers analyzed the costs according to the long-term investment contract. Answer the following points based on the above situation: A) How would you classify these possible costs based on line of your study that will be included in each annual economic assessment. Within short clarification for each possible costs that you suppose to mentione it? B) Give an simple example about each costs-line. C) How will the level of revenue be determined economically? Clarify this statement?
