Answer:
Some costs have been incurred already, and therefore do not change across alternatives in some current or future decision.
Explanation:
Sunk costs are <u>costs that have already been incurred by a business and cannot be recovered</u>. For this reason, they are irrelevant to current and future business decisions.
For example, an organization purchases a piece of equipment for $10,000 and discovers that additional parts need to be purchased for $1,000. The $10,000 is a sunk cost because it cannot be recovered.
Answer:
666.666667
Explanation:
If you work it backwards by divison, you would do 4,000/6.
This will give you 666.666667.
To double check your work, you can do 666.666667 x 6 which equals 4,000.
The selection of battery sizing that results in the best financial performances must be supported by revenue estimation for combined renewable energy and energy storage systems.
Mixed-integer linear programming is a common strategy for maximizing the profits of a hybrid hydro and energy storage system (MILP). While MILP models are frequently quite computationally expensive, they can offer precise production cost estimates. We suggest a novel method for forecasting the optimal revenues of an integrated energy generating and storage system in order to offer hydropower plant owners or operators with quick yet accurate first-step information when they consider integrating energy storage systems.
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Answer:
The answer is letter A.
Explanation:
No, because the relevant cost of the new machine is $10,000 more than the cost of the old machine.
<span>Importers' bank usually issues a letter of credit to importers in international transactions.
A letter of credit is issued by a bank, most common from another country, to guarantee the payment to be made under agreeable circumstances. This is a way to ensure and product the two people doing business that one will get the items and one will be paid for them. </span>
