Determine the values of q that minimizes unit sales, Mechanical Engineering

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Determine the values of q that minimizes unit sales

Fixed Cost(FC)= 2000000, variable cost(VC)= 12+0.005Q, total cost(TC)= FC + VC x Q , unit sales price p=250
(a) Determine the values of Q that minimizes unit sales cost UC = TC/Q; and compute the annual profit earned by the plant at this quantity.
(b)Determine the values of Q that maximizes the annual profit.

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Mechanical Engineering: Determine the values of q that minimizes unit sales

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Mechanical Engineering: Determine the values of q that minimizes unit sales

Reference No:- TGS0428195

Have a Question? (oR Write a Review)

Recent Questions Asked Mechanical Engineering

Q : Calculate the dimensions of the agitation system

Q : Find the concentration in the battery after current is drawn

Q : Calculate the mole fractions of fe3+ and scn-

Q : Calculate the final temperature of the mixture

Q : Determine the values of q that minimizes unit sales

Q : How much would it cost to boil a 2.1-l kettle of water

Q : What is the pressure of nitrogen in the flask

Q : The chopper controls a dc machine

Q : Calculate the value of the rate constant

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Request for Solution File

Ask an Expert for Answer!!

Mechanical Engineering: Determine the values of q that minimizes unit sales

Reference No:- TGS0428195

Recent Questions Asked Mechanical Engineering

Q : Calculate the dimensions of the agitation system

Q : Find the concentration in the battery after current is drawn

Q : Calculate the mole fractions of fe3+ and scn-

Q : Calculate the final temperature of the mixture

Q : Determine the values of q that minimizes unit sales

Q : How much would it cost to boil a 2.1-l kettle of water

Q : What is the pressure of nitrogen in the flask

Q : The chopper controls a dc machine

Q : Calculate the value of the rate constant

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