ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Chapter 10, Problem 3P
To determine

To calculate: Weighted equivalent uniform annual cost of the truck if mileage 10000, 125000, 150000

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In the design of a jet engine part, the designer has a choice ofspecifying either an aluminium alloy casting or a steel casting. Either materialwill provide equal service, but the aluminium casting will weigh 1.2 kg ascompared with 1.35 kg for the steel casting.The aluminium can be cast for $. 80.00 per kg. and the steel one for$ 35.00 per kg. The cost of machining per unit is $. 150.00 for aluminiumand $. 170.00 for steel. Every kilogram of excess weight is associated witha penalty of $. 1,300 due to increased fuel consumption. Cost of using aluminium metal for the jet engine part?
If company A manufactures t-shirts and sells them to retailers for US$9.80 each.It has fixed costs of $2625 related to the production of the t-shirts, and the production cost perunit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers.The demand for its product is p = 15 −x125 , its production cost per unit is US$5.00and its fixed cost are the same as for company A . (vii) Derive the total revenue function,R(x) for company B.(viii) Derive the profit function,Π(x) for company B.(ix) How many t-shirts must company B sell to in order to break-even.(x) How many t-shirts must company B sell to maximise its profit
If company A manufactures t-shirts and sells them to retailers for US$9.80 each.It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers.The demand for its product is p = 15-x/ 125, its production cost per unit is US$5.00 and its fixed cost are the same as for company A . How many t-shirts must company B sell to maximise its profit?
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