Because of new federal regulations on pollution, a chemical
plant introduced a new, more expensive process...
Because of new federal regulations on pollution, a chemical
plant introduced a new, more expensive process to supplement or
replace an older process used in the production of a particular
chemical. The older process emitted 20grams of sulfur dioxide and
40 grams of particulate matter into the atmosphere for each gallon
of chemical produced. The new process emits 5grams of sulfur
dioxide and 20 grams of particulate matter for each gallon
produced. The company makes a profit of 60 cents per gallon and 20
cents per gallon on the old and new processes, respectively.
a) If the government allows the plant to emit no more than
16,000 grams of sulfur dioxide and 30,000 grams of particulate
matter daily, how many gallons of the chemical should be produced
by each process to maximize daily profit? What is maximum daily
profit?
b) Discuss the effect on the production schedule and the
maximum profit if the government decides to restrict emissions of
sulfur dioxide to 11,500 grams daily and all other data remain
unchanged.
c) Discuss the effect on the production schedule and the
maximum profit if the government decides to restrict emissions of
sulfur dioxide to 7,200 grams daily and all other data remain
unchanged.
Solutions
Expert Solution
When the limitation on production of both sulfur dioxide and
Particulate matter is given, the number of gallons produced is
selected such that maximum production of sulfur dioxide and
Particulate matter is not exceeded.
Pollution taxes and tradable pollution permits are more
efficient forms of regulation than pollution limits because:
Taxes and tradable permits cause firms with lower abatement
costs to pollute less than firms with higher abatement costs
Taxes and tradable permits cause a greater reduction in
pollution than pollution limits
Taxes and tradable permits increase firms’ marginal costs
Taxes and tradable permits reduce firms’ marginal costs
Taxes and tradable permits cause firms with lower abatement
costs to pollute more than firms with...
Examine the
differences between state and federal regulations of managed care.
Which regulations have more impact on managed care? Explain.
Requirements:
Submit your essay in a
Word document. This assignment must be at least 500 words, with at
least four references cited properly in APA format, and a title
page (APA format). This assignment must be well- written with
proper grammar, spelling, and punctuation. Follow the rubric.
1. Because plant and animal life on earth is impossible without
photosynthesis
A. environmental pollution is not a problem
B. there is concern for increasing numbers of plant species that
face extinction
C. worldwide decline of insect diversity is of no concern
D. there is no need to consider conservation biology
2. Reactions with a positive ΔG
can occur as part of coupled reaction
are reactions that can never happen
reactions that do not require activation energy
are exergonic
3....
Because people dislike commuting to work, homes closest to
employment centers tend to be more expensive. The price of a home
in a given employment center is $60 per day. The daily rental price
for housing drops by $2.50 per mile for each mile farther from the
employment center. The price of gasoline per mile of commute is pg
(pg < $2.50) Thus, the net cost of traveling an extra mile to
work is pg − $2.5. Lan chooses the...
Why
are liquor licenses vastly more expensive in New Jersey as opposed
to New York City? why are taxi licences vastly more expensive in
New York than New Jersey? how has services such as Uber and Lyft
affected the cost of taxi licences?
Using arduino 1 In a certain chemical processing plant, a liquid chemical element is used in a manufacturing process. This chemical element is stored in three different tanks. A level sensor in each tank according to the figure generates a HIGH level voltage when the liquid level in the tank falls below 25%. Design a circuit with Arduino to monitor the level of the chemical element that will trigger an alarm when the level of AT LEAST 2 tanks drops...
A new chemical process has been developed for producing
gasoline. The company claims that this new process will
increase the octane rating of the gasoline. Sixteen samples of the
gasoline produced with the new process are selected at random and
their octane reading were: 94, 93, 97, 92, 96, 94, 95, 91, 98, 95,
92, 91, 98, 95, 92, 91, 95, 96, 97, 93. If the mean octane using
the existing process is 93, is the company's claim correct (use
1%)...
URGENTLY NEEDED
A process plant is to be designed to make 65 kg/d of a chemical
product selling at $200/kg. The operating time will be 300
day/year. Investments: Fixed capital investment is estimated to be
$6×106 which is 75% of the total capital investment. Expenses: The
annual production cost (not including depreciation) is estimated to
be $1.2×106 /year. For depreciation charges, the straight line
method can be used over ten years as expected life of the plant.
Tax, MARR, and...
A new chemical plant will be
constructed. The following data is used for this construction.
Using this data;
Draw the Cumulative Cash Flow Diagram for
Nondiscounted and Discounted
after-tax cash flows.
Define the profitability criteria for each Cash Flows
(Nondiscounted and
Discounted)
Calculate and show, PBP, CCP, CCR, ROROI, DPBP, NPV, DCFROR on
the Cash Flow Diagram.
DATA:
Cost of Land,
L :
5x106 TL
FCI, during year
1 : 7x106 TL
FCI, during year
2 : 30x106 TL
FCI,...