You manage a plant that mass-produces engines by teams of workers using assembly
machines. the technology is summarized by the production function
q = 5 kl
where q is the number of engines per week, k is the number of assembly machines, and l
is the number of labor teams. each assembly machine rents for r = $10,000 per week, and
each team costs w = $5000 per week. your plant has a fixed installation of 5assembly machines as part of its design.
in the short run:
for any given level of output q, write the expression for the number of labor teams required.
b. what is the cost function for your plant � namely, how much would it cost to produce q engines? (hint: tc=tfc+tvc, tfc=rk, tvc=wl)
Answers: 1
Business, 21.06.2019 20:20
Atoy manufacturer makes its own wind-up motors, which are then put into its toys. while the toy manufacturing process is continuous, the motors are intermittent flow. data on the manufacture of the motors appears below.annual demand (d) = 50,000 units daily subassembly production rate = 1,000setup cost (s) = $85 per batch daily subassembly usage rate = 200carrying cost = $.20 per unit per year(a) to minimize cost, how large should each batch of subassemblies be? (b) approximately how many days are required to produce a batch? (c) how long is a complete cycle? (d) what is the average inventory for this problem? (e) what is the total annual inventory cost (holding plus setup) of the optimal behavior in this problem?
Answers: 2
Business, 22.06.2019 05:50
Match the steps for conducting an informational interview with the tasks in each step.
Answers: 1
Business, 22.06.2019 12:00
Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund
Answers: 1
Business, 22.06.2019 21:50
Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t
Answers: 3
You manage a plant that mass-produces engines by teams of workers using assembly
machine...
machine...
History, 24.07.2019 09:50
Health, 24.07.2019 09:50
History, 24.07.2019 09:50
Advanced Placement (AP), 24.07.2019 09:50
English, 24.07.2019 09:50
Chemistry, 24.07.2019 09:50
Mathematics, 24.07.2019 09:50