The equivalent present cost for first five years.

Question

A factory installs new machinery that saves S(x) = 1800 dollars per year. y $ per year 1800 savings S=1800- 80 x net savings cost C = 100 x Year 80x dollars per year, where x is the number of years since installation. However, the cost of maintaining the new machinery is C(x) : = 100x X (a) Find the year x at which the maintenance cost C(x) will equal the savings S(x). (At this time, the new machinery should be replaced. Round your answer to the nearest whole number.) X = years (b) Find the accumulated net savings (in dollars) [savings S(x) minus cost C(x)] during the period from t = 0 to the replacement time found in part (a). (Round your answer to the nearest whole number.)

Answer 1

Question

Chapter 4, Problem 56P

To determine

To find: The equivalent present cost for first five years.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Students have asked these similar questions

A factory installs new machinery that saves S(x) = 1800 dollars per year. y $ per year 1800 savings S=1800- 80 x net savings cost C = 100 x Year 80x dollars per year, where x is the number of years since installation. However, the cost of maintaining the new machinery is C(x) : = 100x X (a) Find the year x at which the maintenance cost C(x) will equal the savings S(x). (At this time, the new machinery should be replaced. Round your answer to the nearest whole number.) X = years (b) Find the accumulated net savings (in dollars) [savings S(x) minus cost C(x)] during the period from t = 0 to the replacement time found in part (a). (Round your answer to the nearest whole number.)

The maximum amount an individual can contribute to her Registered Retirement Savings Plan (RRSP) for a year is set by the Canada Revenue Agency. For the year 2011, the maximum contribution was the lesser of $21450 or 18% of the individual's "earned income" in 2010. The lowest amount of earned income for 2010 at which an individual could make a $21450 contribution in 2011 is $ Do not round your answer! Input the whole number part only, e.g., if the answer is 2566.65 input 2566. Do not include a $ sign, commas, or spaces in the answer.

Maxima and Minima in business A factory sells a product at price of (200.01x) in Peso per unit. The variable cost per unit is 10 pesos. The fixed cost of the factory is 1,000 pesos (a) Determine the total revenue (Rt), the total cost (Yc), and the profit function of the factory. (b) Find the number of units to be produced in order to break-even. (c) Find the total revenue that corresponds to the break-even point. (d) Find the number of units to be produced in order to acquire maximum profit. (e) Find the maximum profit.