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- profit maximization price combinationA state owned company is providing electricity at the priceof $0.105and faces the demand for electricity P=1.255 - 0.001Q The company has acost function C(Q)=100.625 + 0.105Q The state sells the firm, now the firm’sonly goal is profit maximizationa What is the number of kilowatt hours of electricityproduced and what is the price that the company will charge?b Compute the price elasticity at the profit maximizingprice combinationc How much more profit will this firm make as a result ofprivatizationInformation concerning a product produced by Ender Company appears here: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs Required Determine the following: a. Contribution margin per unit. b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $204,000. d. Determine the margin of safety in units, sales dollars, and as a percentage. Req A to C $159 $91 Complete this question by entering your answers in the tabs below. D $428,400 a. Contribution margin b. Break-even in units c. Break-even in units to earn profit of $204,000 a. Contribution margin per unit. b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $204,000. per unitMKBIC Systems is evaluating four projects A, B, C and D that have risks associated with the producing benefits. Based on the data given in the table below, which project is the best alternative? Project A Project B Project C Project D EUAW Prob. EUAW Prob. EUAW Prob. EUAW Prob. $2,500 0.3 $3,000 0.1 -$5,000 0.25 $4,000 0.35 $1,800 0.45 -$2,500 0.3 $6,500 0.45 $2,500 0.4 $3,200 0.25 $4,000 0.6 $2,000 0.3 -$1,500 0.25 A. Project A B. Project B C. Project C D. Project D
- 300 250 57 200 150 100 50- 05. Average Fixed Cost at Q=10 is O (a) $90 0 Q 0 2 4 6 8 10 12 14 16 18 20 O (b) $10 O (c) $40 O (d) $9 O (e) $14 TC Type here to search TVC B TFC 30 225 20 15 10 5 69 Click Save and Submit to save and submit. Click Save All Answers to save all answers. 0- 0 2 4 6 8 10 12 14 16 18 20 Save All Answers MC AC AVC H AFC Save and Submit Q DELLPlease see the attached 98Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and profitability of the three models: MODEL AVERAGEQUANTITYSOLD (UNITS/MONTH) CURRENTPRICE TOTALREVENUE VARIABLECOST PERUNIT CONTRIBUTIONMARGIN PERUNIT CONTRIBUTIONMARGIN* A B C Total 15,000 5,000 10,000 $30 35 45 $450,000 175,000 450,000 $1,075,000 $15.00 18.00 20.00 $15 17 25 $225,000 85,000 250,000 $560,000 *Contribution to fixed costs and profits.The company is considering lowering the price of Model A to $27 in an effort to increase the number of units sold. Based on the results of price changes that have been instituted in the past, Tennis Products’ chief economist estimates the arc price elasticity of demand to be –2.5. Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model C to be approximately 0.2. Variable costs…
- Please answer both and get like and no answer from Chat GPT Hand written solutions are strictly prohibitedPlant sizes get larger as you move from ATC-1 to ATC-4. Output 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 ATC-1 $ 10 8 9 12 15 18 20 24 29 35 ATC-2 15 12 10 8 6 10 12 15 19 25 ATC-3 $ 20 17 15 13 11 9 7 11 13 15 ATC-4 $ 30 25 20 18 16 14 12 10 8 9 In the long run, the firm should use plant size ATC-3 for what level of output?McBurger Inc., wants to redesign its kitchen to improve productivity and quality. Three designs,called B1, B2, and B3, are under consideration. No matter which design is used, daily demandfor sandwiches at a typical McBurger restaurant is 500 sandwiches. A sandwich costs 500 baizato produce. Non-defective sandwich sell, on average, for 1 OR per sandwich. Defective sandwichcannot be sold and are scrapped. The goal is to chose a design that maximizes the expected profitat a typical restaurant over a period of one year (365 days). Designs B1, B2, and B3 cost 40,0003OR, 50,000 OR, and 70,000 OR, respectively. Under design B1, there is 0.8 chance that 90 outof each 100 sandwiches are non-defective and 0.2 chance that 70 out of each 100 sandwiches arenon-defective. Under design B2, there is 0.85 chance that 90 out of each 100 sandwiches are nondefective and 0.15 chance that 75 out of each 100 sandwiches are non-defective. Under design B3,there is 0.9 chance that 95 out of each 100 sandwiches…
- Q VC AVC TC ATC MC $0 $0 $30 $0 $0 1 $40 $40 $70 $70 $40 2 $100 $50 $130 $65 $60 3 $180 $60 $210 $70 $80 4 $330 $82.5 $360 $90 $150 If the firm can sell its product for $60, it will not sell 2 units and incur losses of $10 sell 1 unit and incur losses of $10 а. b. continue to operate in hopes the market price increases shut down and incur losses of $30 с. d.2- Valencia Products makes automobile radar detectors and assembles two models. LaserStop and Speed Buster. The firm can sell all its produces. Both models use the same electronic components. Two of these can be obtained only from a single supplier. For the next month, the supply of these is limited to 4,000 of component A and 3,500 of component B. The number of each component required for each product and the profit per unit are given in the table. Components required /unit A Profit/unit LaserStop 18 $124 SpeedBuster 12 8. $136 a. Identify the decision variables, objective function, and constraints. b. Mathematically formulate a linear optimization model. C. Solve the problem using Excel Solver. Solve the problem using Excel SolverCattle (100% cover) Feed (Ibs) 15 13 |Hay (10 lbs) cost 0 $3.00 1 $2.89 2 $2.58 4 $2.77 6 $2.75 8 $2.93 12 $3.70 20 $5.83 10 8 5 3 1 The maximum amount of feed that we are looking at for our options is 15 Ibs. True False