Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Buyer or consumer Seller Producer Manufacturer Buyer or consumer Seller Producer Manufacturer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The product of CAF (S P) and PWF (S P) is: 43832 43833 1 43834 43832 43833 1 43834 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.2 hours per unit 1.4 hours per unit 1.6 hours per unit 1.0 hour per unit 1.2 hours per unit 1.4 hours per unit 1.6 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A VOM has a selling price of P 400. If its selling price is expected to decline at a rate of 10% per annum due to obsolescence, what will be its selling price after 5 years? P 212.90 P 236.20 P 222.67 P 231.56 P 212.90 P 236.20 P 222.67 P 231.56 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “Under conditions of perfect competition, the price at which any given product will be supplied and purchased is the price that will result in the supply and the demand being equal.” This statement is known as the: Law of demand Law of supply Law of supply and demand Law of diminishing return Law of demand Law of supply Law of supply and demand Law of diminishing return ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2.590 2,712 2,632 2,890 2.590 2,712 2,632 2,890 ANSWER DOWNLOAD EXAMIANS APP
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