Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

In the design of an automobile radiator, an engineer has a choice of using either a brass-copper alloy casting or plastic modeling. Either the material provides the same service. However, the brass-copper alloy weighs 25 pounds, compare with the 20 pounds of plastic molding. Every pound of an extra pound in automobile has been assigned penalty of $6 to the account due to fuel consumption during the life cycle of the car. The brass copper alloy casting cost $3.35 per pound whereas plastic molding cost $7.40 per pound. Machining cost per casting are $6 for the brass copper alloy. Which material should the engineer select. What is the difference in unit cost.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91952508

Have any Question?


Related Questions in Business Economics

A representative from your company visited a prison and

A representative from your company visited a prison and sampled 500 prisoners in Kailil, concluding that 90 of them are political prisoners. The Test hypothesis, at the 5% significance level, that one third of the prison ...

Describe five changes in the vaiables that will cause

Describe five changes in the vaiables that will cause demand for a product to increase, shifting the demand curve to the right?

Whyy is it necessary to calculate a pooled standard

WHYY is it necessary to calculate a "pooled standard deviation" when calculating the effect size of an independent-samples t test but not when calculating the effect size of any other type of t test.

The head of retail sales at a large cosmetic company was

The head of retail sales at a large cosmetic company was interested in determining what the best marketing model was for launching a forthcoming new product to ensure high sales. She ran two separate simple linear regres ...

A bar wants to move into a new area they want to find out

A bar wants to move into a new area. They want to find out the average income of people in the area to set a price point. To estimate the income of the locals with an error of at most $5,000 at a 80% confidence level, wh ...

What is comparative statics analysis and how does it

What is comparative statics analysis and How does it compare with sensitivity analysis ? What is analysis used in finance, accounting, and statistics?

Since this in an empirical question that means that 68 is

Since this in an empirical question that means that 68% is in the middle and on the outer sides are the difference? The median life span of a mouse is 118 weeks Would you expect the life-span to be normally distributed? ...

How can local the local government help prepare employees

How can local the local government help prepare employees for higher level positions in the organization.

Pnbspnbsp165nbsp-nbsp25q herenbspqnbspis measured in

P  = 165 - 2.5 Q . (Here  Q  is measured in millions of barrels per day.) OPEC's marginal cost per barrel is $15. a. What is OPEC's optimal level of production? What is the prevailing price of oil at this level? b. Many ...

Under what circumstances would lras and sras have the same

Under what circumstances would LRAS and SRAS have the same slope?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As