Suppose Larry's Lariats produces 25,000 lassos and sells each for $10. What is the company's total revenue? Multiple Choice O O $2,500,000 $25,000 $2,500 $250,000 3
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- Problem 4. In the design of an automobile engine part, an engineer has a choice ofeither steel casting or an aluminum alloy casting. Either machine provides the sameservice. However, the steel casting weighs 8 ounces, compared with 5 ounces for thealuminum casting. Every pound of extra weight in the automobile has been assigned apenalty of $6 to account for increased fuel consumption during the life cycle of the car.The steel casting costs $3.20 per pound, while the aluminum allow can be cast for $7.40per pound. Machining cost per casting are $5.00 for steel and $4.20 for aluminum.Which material should the engineer select, and what is the difference in unit costs? 1pound = 16 ounceAegignment lalhat as Cost Of productio1 n00tu ta celd Of afable suow the folleo- ing kind OR cost A fixed Cost varia ble cost CAccerage to fell cost d Total coRt Acerage KAverage fixed cort gmarginal cost J00thatte ald Of your Olon Illestrahon dufferentiate between accocent pornt OF Niew and the elonomist pent ofview 4 Dustinguuh between opportuncty Cort aud money Cost e carable CO8T ittu 12021 BEST QUAL CISE BOOKqus is given belowsir kindly do it for methanks
- The manager of the donut shop tells you that hesells donuts for $1 each, and that if he were to makeadditional donuts, based on his current level ofoutput, it would cost him $0.80 per donut. Do yourecommend that the manager increase or decreasethe number of donuts he makes?I'll give you multiple uovote..hand written plzPls select the correct option and explain it..
- Actions Events E1 E2 E3 E4 A1 8 -10 6. A2 -4 12 18 -2 АЗ 14 8 Find the best action under each of the 5 decision criteria. a. Expected Monetary Value b. Expected Opportunity Loss с. Маximax d. Maximin e. Minimax Regret Rule 1.A holiow blocks making business can produce 15,000 pieces per week. Their manager determined that in order to achieve this production, they need to spend P90,000 weekly for raw materials, electricity, labor and transportation. The company also pays a fixed amount of P10,000 weekly. a. How much per plece should they sell their hollow blocks to gain a profit of 40% of their total cost? b. How many holow blocks do they need to sell every week to breakeven? c. Find their profit if they run at 80% efficiency.Assume that the parcels are essentially identical and that the minimum selling price of each is $575,000. The following table states each person's willingness and ability to purchase a parcel. Willingness and Ability to Purchase Person (Dollars) Andrew 520,000 A-Z Beth 510,000 Lorenzo 750,000 Neha 660,000 Sam 600,000 Teresa 550,000 Which of these people will buy one of the three beachfront parcels? Check all that apply. O Andrew Beth O Lorenzo O Neha O Sam O Teresa Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $535,000. This fourth will nurchase it from the seller for at least the minimum ncice be sold because parcel MacBook Air F12 O O O
- Sunpose fnduce x and y The outut uf mo prucduct of frm preducung hoo C = 250x2 +120y². AsSummg 4144.wing Lag rangjar a joint CUrt funchon given as %3D U resmcted at mulhplier Fechnique- ind he amount X and y That will minimnel. Cost and Compute i Ihs of changng thi Optimal combinahon amount Uf boin puelucts Cast MSO examme he cost implcahors Jo as w prduce equal 2800 50Set up the objective function and the constraints, but do not solve. Wison Electronics produces a standard Blu-ray player and a deluxe Blu-ray player. The comoany has 2900 hours ef isbor and 18,000 in aperatng espenses availanle each week It takes b5 hours to produce a standard Blu-ray player and 6 hours to preduce a deluxe Blu-ray player Each standard u-ray player casta 15, and each deluxe Biu-ray player costs SI36 The company is requred to produce at least 25 standard Blu-ray players. The company makes a profit of $32 for each standard u-ray plaver and $26 for each delue Blu-ray playen How many of esch type of Blu-ray plarer should be preduced to masimie profe? (Let represent the number of standard Blu-ray players, y the number of deluve Bla-ray piayers, and z the prot in dolars) Maxinie sutject to labor operating expense required standard Bu-ray players v20The next question is based on the demand and cost data for a pure monopoly given in the table below. Price $500 300 250 200 150 Output e 1 2 3 4 5 100 Total Cost $250 260 290 350 500 680 If the pure monopoly were forced to produce the allocatively efficient level of output through the imposition of a price celling, the price would have to be set at