Answer:
a, 22276.07
b. $32.9157 million
c.$29.9669million
Explanation:
Find the values of k and a assuming a relationship of the form Assume that f(y)=ky^a is in units of barrels per day.
b. Determine the optimal timing of plant additions and the optimal size and cost of each plant addition.a=0.8073, rx=0.41
optimal timing x=rx/r=2.05yrs
optimal size xD=2.05(1.5)
3.075million barrels/year
$32.9157 million
c. Suppose that the largest single refinery that can be built with current technology is 7,500 barrels per day. Determine the optimal timing of plant additions and the optimal size and cost of each plant in this case
Optimal size xD=min
Optimal timing will be X^*=x*D/D=2.7375/1.5=1.825 year
optimal cost f(y)=ky^a=0.0223(7500)^0.8073=$29,9669 milion
Answer:
See below
Explanation:
The computation of return on investment is seen below
= (Controllable margin ÷ Operating assets) × 100
= ($78,000 ÷ $300,000) × 100
= 26%
Now, the controllable margin equals to = $78,000 + $12,000
= $90,000
And the new operating assets would be;
= $300,000 + $90,000
= $390,000
So, the new return on investment equals to
= ($90,000 ÷ $390,000) × 100
= 23.08%
Therefore, the return on investment decreased by
= 26% - 23.08%
= 2.92%
Answer:
Complementary goods Substitute goods
Explanation:
In analyzing the pharmaceutical industry for a prospective business launch, Nicole Turco, a ph. D. In pharmacology, concluded that the industry was attractive because the threat of substitutes is Low
This is further explained below.
<h3>What is
the pharmaceutical industry?</h3>
Generally, The pharmaceutical industry is responsible for the research, development, production, and marketing of drugs or pharmaceutical drugs that are intended for use as medications to be administered to patients in the hope of curing patients, vaccinating patients, or reducing the severity of their symptoms.
In conclusion, Nicole Turco, who holds a doctorate in pharmacology, came to the conclusion that the pharmaceutical industry was appealing after conducting research on the sector in preparation for the launch of a potential business.
She came to this conclusion after finding that the industry faces a low level of competition from substitute products.
Read more about the pharmaceutical industry
brainly.com/question/16582232
#SPJ1