Two firms, firm 1 & firm 2, in a Cournot duopoly are facing the market demand given by P = 140 – 0.4Q, where P is the market price and Q is the market quantity demanded. Firm 1 uses old technology and has (total) cost of production given by C(q1) = 200 + 15q1, where q1 is the quantity produced by firm 1. Firm 2 has managed to introduce a new technology to lower the per unit cost, and its (total) cost of production is now given by C(q2) = 200 + 10q2, where q2 is the quantity produced by firm 2. Referring to SCENARIO 2, find the deadweight loss in the Cournot duopoly equilibrium

Craylon Manufacturing Company produces two products, X and Y. The following information is presented for both products. Selling price per unit X: $40 Variable cost per unit X; 25 Selling price per unit Y $25 Variable cost per unit Y $15 Total fixed cost are $275,000. A) Calculate the contribution margin for each product: B) Calculate the breakeven point in units of both X and Y if sales mix is 3 units of X for every Y. C) Calculate breakeven volume in total dollars if the sales mix is 2 units of X for every 3 units of Y.

Dubai Corporation’s maximum capacity   in   operation cycle is around 14,900 units per year, against total costs of $875,000 and the lowest one is 6,000 units with a corresponding total cost of 60% of the high point. The fixed costs constitute of a significant portion.

Required:

1.     Find out the variable cost per unit as spelled out by the HLM. Provide proof evidence as reflected by fixed cost under high point and low point of operation.

2.     What would be the case if the associated costs of the high point reduced by 20 percent. Other things remain the same. Give a comparison in calculation between the results derived from part one and part two.

Shum Manufacturing, which uses the high-low method, makes a product called Kwan. The company incurs three different cost types (A, B, and C) and has a relevant range of operation between 2,500 units and 7,000 units per month. Per-unit costs at two different activity levels for each cost type are presented below.

If Shum produces 7,000 units, the total cost would be:

Multiple Choice

• $552,500.

• $645,000.

• $646,000.

• $860,000.

• None of the answers is correct.

You have been asked to create a python program that will ask the user how many tickets the user would like to purchase for graduation. The user will then choose the number of tickets needed and the program will list the cost of the tickets, a service fee, tax, and the total of the purchase.

Specifications:

• The program should only accept whole numbers when receiving input for the number of tickets needed.
• No calculations should be performed if input is invalid.
• No output should be displayed if input is invalid.
• The service fee should be $2.50 per ticket.
• The tax should be 3% of the cost of the tickets (without the service fee).
• The final cost (grand total) should be displayed with a dollar sign and two decimal places.

1. A supermarket is open 360 days per year. Daily use of cash register tape averages 500 rolls. The cost of ordering tape is $85, and carrying costs are $4 per roll a year. Lead time is two days.
   

1. EOQ
2. Total annual carrying and ordering cost for EOQ
3. They currently order 5000 units each time. What is the current total annual carrying and ordering cost?
4. How much would they save annually in ordering and carrying costs if they change the current order quantity to EOQ?
5. Using EOQ, what is the number of orders per year and what is the interval between orders?
6. ROP (reorder point/quantity)

Analyze the cost data below for the Costbusters Company.

1. Graph the percent of quality costs by product?

2. What are the dollar costs for each cost of quality category, by product? Graph

3. How might this information be used to help define a Six Sigma project?

   	PRODUCT A	PRODUCT B	PRODUCT C
   Total Sales
   Total quality cost as a percent of sales	24%	19%	15%
   External Failure	35%	22%	8%
   Internal Failure	52%	29%	24%
   Appraisal	10%	38%	38%
   Prevention	3%	11%	30%

   Can this problem be solved in minitab with graphs or Excel showing each steps? This is for my lean six sigma class

9. The price of an item depends on the order quantity:

It costs $40 to place each order. Annual demand is 3,000 units. Carrying cost is 25 percent of the material price.

What is the optimal order quantity, and what would be its annual total cost? Go to at least two decimal places for your intermediate calculations. Round your answers to the nearest whole number.

Design a rectangular milk carton box of width w, length ll, and height h which holds 540 cm^3 of milk. The sides of the box cost 1 cent/cm^2 and the top and bottom cost 3 cent/cm^2. Find the dimensions of the box that minimize the total cost of materials used.

1. Suppose you are in the market for a new car. You identify two models that you like and are considering a final purchase decision. The vehicle details are as follows:

• One is a high fuel efficient vehicle with a fuel cost per mile of $0.10 and the other is a low fuel efficient vehicle with a fuel cost per mile of $0.15.
• The high efficiency vehicle costs $47,500 in time period 0 (no discounting); the low efficiency vehicle costs $32,500
• You plan to drive the car for five years (time periods 1 to 5)
• In addition to the fuel costs in period 5, you also face depreciation costs of $17,500 for the low efficient vehicle and depreciation costs of $40,000 for the high efficient vehicle

1. 1. Suppose you drive 10,000 miles per month and have an internal discount rate of 5%. Which car has the lower total cost of ownership? Show your work on a separate page or attach a printout of your excel model, clearly labeled.
2. 2. Suppose you drive 17,000 miles per month and have an internal discount rate of 5%. Which car has the lower total cost of ownership? Show your work on a separate page or attach a printout of your excel model, clearly labeled.
3. 3. Suppose you drive 7,500 miles per month and have an internal discount rate of 20%. Which car has the lower total cost of ownership? Show your work on a separate page or attach a printout of your excel model, clearly labeled.
4. 4. In general, what characteristics (in terms of driving habits and discount rates) describe an individual that finds a lower total cost of ownership in high fuel efficient vehicles?