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Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin
Edition 1ISBN: 9780073401294Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin
Edition 1ISBN: 9780073401294 Exercise 2
White Appliances has the following cost and revenue estimates for its new refrigerator model:
Fixed cost = $.58 million per year
Cost per unit = $95
Revenue per unit = $50
a.Write the total cost relation.
b.Determine the annual quantity needed to break even.
c.Estimate the profit at 20% above breakeven.
Fixed cost = $.58 million per year
Cost per unit = $95
Revenue per unit = $50
a.Write the total cost relation.
b.Determine the annual quantity needed to break even.
c.Estimate the profit at 20% above breakeven.
Explanation
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Total cost is the cost involved in the p...
Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin
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