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enot [183]
3 years ago
12

Minimum Cost An offshore oil well is kilometers off the coast. The refinery is kilometers down the coast. Laying pipe in the oce

an is twice as expensive as laying it on land. What path should the pipe follow in order to minimize the cost?
Business
1 answer:
scoundrel [369]3 years ago
3 0

Answer:

To minimize cost, the pipe should follow a rectangular path.

Explanation:

Let us denote the square bottom of the dug pit as

            P = S²

and its cost will be P = 2S² = 4S to dig

Let us denote the height of the pit as H,

Therefore, Total area of the pit will be:

            4SH

and its cost is 2SH

The volume of the pit is

v= S²H = 4² × 2 = 128

Total cost therefore is =

C = 2S² + 2SH

This therefore translates to

128 = s²h

Making H the subject of the formula,

we have, h = 128 / S²

Cs therefore = 2S² +2S  . 128 / S²

Cs = 2S² + 256 / S

Cs = 4S - 256 / S²

Cs = 4S³ - 256 / S

4S³ - 256 / S = 0

4S³ - 256 - 0 = S

Solving further, S = 4

Where,

H = 128/64

= 2

Therefor, S = 4 and H= 2

So our pipe will follow a rectangular path to properly minimize cost.

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In 2020, the Merkel Company had revenues of $2,650,000 and costs of $2,150,000. During 2021, Merkel will be introducing a new pr
Neporo4naja [7]

Answer:

$92.000

Explanation:

<h2>1. The first step is to calculte the operating profits for the year 2020, following the next formula </h2>

(Revenues - costs) = Operating Profits.

<h3>YEAR 2020 </h3>

Revenues 2.650.000

Costs       2.150.000

--------

Operating profits 500.000

<h2>2. Same indications for the next year.</h2>

<h3>YEAR 2021</h3>

Revenues 2.915.000

Costs       2.323.000

--------

Operating profits 592.000

<h2>3. Calculate the diference between 2021 and 2020. </h2>

<em>592.000 - 500.000 = 92.000</em>

8 0
3 years ago
What does dhhs stand for?
lesantik [10]
Department Of Health And Human Services
4 0
3 years ago
Read 2 more answers
Question 18 :Project managers must balance three elements that compose the project triangle. You are a project manager who is ha
denpristay [2]

Answer: The project scope will increase

Explanation:

From the question, we are informed that there is a project manager who is halfway through a project and then his customer contacts him to say that he has been authorized to provide additional funds for the project.

This will most likely increase the project scope. The project scope simply means the work that is needed to be done in order for a particular project to be accomplished. Due to the increase in funds, it means that more work will be expected.

4 0
3 years ago
Smelling of Tulips, Inc., a perfume company, estimated its short-run costs using a U-shaped average variable cost function of th
LuckyWell [14K]

Answer:

The level of output (Q) is associated with the minimum AVC is 8.98.

Explanation:

The following sorted data are given in the question:

Adjusted R Square 0.809

                       Coefficients        Standard Error      t Stat      P-value

Intercept               47.66                      3.29              14.49        0.0001

   Q                        -4.67                      0.72              -6.48        0.0000

 Q^2                       0.26                      0.03               7.79        0.0000

From the regression results above, the regression equation for AVC can be obtained as follows:

AVC = Coefficient of intercept + Coefficient of Q * Q + Coefficient of Q^2 * Q^2 …………. (1)

Substituting the relevant values into equation (1), we have:

AVC = 47.66 – 4.67Q + 0.26Q^2

Differentiate AVC with respect to Q, equating it to 0, and solve for Q, we have:

dAVC/dQ = -4.67 + (2 * 0.26)Q = 0

4.67 = 0.52Q

Q = 4.67 / 0.52

Q = 8.98

Therefore, the level of output (Q) is associated with the minimum AVC is 8.98.

3 0
3 years ago
What types of information does a W-2 form contain? Check all that apply
vovangra [49]

Answer:

Normally "check all that apply" is followed by answers to check...

Explanation:

A W-2 is a Tax statement

8 0
3 years ago
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