This website uses cookies to ensure you have the best experience.

# Term Papers

368 words - 2 pages

Shrimps Production Ltd.is to select a machine out of two proposal PI and PII.The former is a semi automatic model requiring a fixed rental of Rs.3,000 p.a.and variable cost of production of Rs.1,000 p.a.and variable cost of production of Rs..0.25 perunit. The market demand has been showing fluctuation and probabilities of different demand levels have been put as follows:
Demand | v.cost | Rental | Totalcost | Prob. | Expectedcost |
10,000 | 1,000 | 3,000 | 4,000 | ...view middle of the document...

41 | 1,845 |
17,000 | 1,700 | 3,000 | 4,700 | 0.24 | 1,128 |
19,000 | 1,900 | 3,000 | 4,900 | 0.06 | 294 |
| | | | | 4,461 |

Which model should be acquired? What will be the decision ,if the demand level is known with certainty at 10,000 units?

Solution:
The two models may be evaluated as follows:

Model Pi

Demand | v.cost | Rental | Totalcost | Prob. | Expectedcost |
10,000 | 1,000 | 3,000 | 4,000 | 0.12 | 480 |
12,000 | 1,200 | 3,000 | 4,200 | 0.17 | 714 |
150,000 | 1,500 | 3,000 | 4,500 | 0.41 | 1,845 |
17,000 | 1,700 | 3,000 | 4,700 | 0.24 | 1,128 |
19,000 | 1,900 | 3,000 | 4,900 | 0.06 | 294 |
| | | | | 4,461 |

ModelPii
Demand | v.cost | Rental | Totalcost | Prob. | Expectedcost |
10,000 | 2,500 | 1,000 | 3,500 | 0.12 | 420 |
12,000 | 3,000 | 1,000 | 4,000 | 0.17 | 680 |
150,000 | 3,750 | 1,000 | 4,750 | 0.41 | 1,948 |
17,000 | 4,250 | 1,000 | 5,250 | 0.24 | 1,260 |
19,000 | 4,750 | 1,000 | 5,750 | 0.06 | 345 |
| | | | | 4,653 |
| | | | | |

The expected value of the cost the model Pi is lesser ,and it should be acquired by the firm .Howerver ,if the demand id known to be 10,000 units,then model PII is better because Pi has a total cost of rs.4,000 while the total cost of PII is oly Rs.3,500 at the demand level of 10,000 units.

## Other assignments on Term Papers

### Researchblower Essay

633 words - 3 pages Below is a free essay on "Whistleblowing" from Anti Essays, your source for free research papers, essays, and term paper examples. Whistleblowing is a highly controversial and widely discussed topic in today’s society due to many high profile cases including the circumstances surrounding the Space Shuttle Challenger explosion and what was documented in the movie The Insider about the tobacco industry. Ethically, the decision for someone to

### Policies Essay

578 words - 3 pages a long-term basis. Evaluation will focus on establishing supplier’s capability to sustain excellent performance and support long-term relationship with MEGAPUI. 5. The following documents must be submitted for accreditation *Non-primary -Standard Documentation - Supplier Information Sheet, Company Profile, List of Goods and Services, Incorporation Papers (if applicable), Certificate of Registration, Business Permit, Certificate of Authority to

### Group Therapy

268 words - 2 pages Experiential Family Group Therapy Experiential Family Group Therapy Melanie Davis Columbia College In today’s world, many people seek professional therapy or counseling for a limited amount of time in order to deal with different life crises, they may experience. Others seek professional help for the majority of their lives in order to deal with a psychological disorder. Earlier this year I was served with divorce papers. This entitles

### Feasibility Of Used Cooking Oil And Charcoal For T-Shirt Printing

305 words - 2 pages Below is a free essay on "Feasibility of Used Cooking Oil and Charcoal for T-Shirt Printing" from Anti Essays, your source for free research papers, essays, and term paper examples. RESEARCH PLAN Research Topic: Used cooking oil and charcoal as an alternative in for t-shirt printing. Objectives:     • To know if used cooking oil and charcoal is capable for t-shirt printing.     • To see if you can make use of used cooking oil and

### Personal Plan

480 words - 2 pages interested and that qualify because there are qualifications. There is a link on the student web that help you find the career that is right for you and it goes through different steps to help you find what you are compatible with and not just something you want to do because what you want to do may not be what you really want to do long term but just something for now, the link will help you. If you know anyone that is interested in school let me

### Student Guide Paper

1290 words - 6 pages Student Guide for Paper 1 Spring, 2012 Due by February 6, 2012, 11:59 p.m., Texas Time 1. Write a short term paper on a business / economics topic of your choice. Think of this paper as a short literature review. Note 1: Your research papers must be your own original work!  Be sure to give proper credit when you borrow or use someone else's words and ideas, including your own previously written works. See the sixth edition of

### Production & Operation Management

1521 words - 7 pages Semester II Examination Papers IIBM Institute of Business Management Semester-II Examination Paper Production and Operation Management Section A: Objective Type (30 marks) • • • This section consists of Multiple choice questions & Short Notes type questions. Answer all the questions. Part One questions carry 1 mark each & Part Two questions carry 5 marks each. MM.100 Part One: Multiple choices: 1. If the number of restrictions on sources

### Title

413 words - 2 pages Below is a free essay on "The Rental Heart Analysis" from Anti Essays, your source for free research papers, essays, and term paper examples. The Rental Heart Often, when you break-up with a partner, you get your heart broken. It happens to everyone, but in this text, instead of experiencing sadness and sorrow, you can just take your rental heart out, and by a new one when you meet a new partner. I consider the main character a boy

### 19. Are You Looking For Help With Your International Marketing

342 words - 2 pages International marketing as the name suggests is marketing done beyond the local and national boundaries of a country. Many even term it as Global marketing as the world itself is considered as one big market place. However it may not be as simple as it sounds and there are many different considerations and precise study to be made when it comes to marketing beyond ones local precincts. An extensive market research, number of strategies needs to

### Future Of Science

616 words - 3 pages discovery not published in a scientific journal was not truly complete. Today, when a scientist applies for a job, the most important part of the application is their published scientific papers. But in 1662, when Hooke applied for the job of Curator of Experiments at the Royal Society, he certainly was not asked for such a record, because the first scientific journals weren’t created until three years later, in 1665. The adoption and growth of the

### Notes

2296 words - 10 pages of The Federalist or The Federalist Papers were among the "founding fathers" of the United States of America. This term is used to refer to the men whose actions were responsible for creating the United States of America and the United States Constitution. View this introductory presentation on the authors of The Federalist Papers. Then, read the internet resources on The Federalist Papers. Internet Resources KAPLAN LIBRARY The "KU Online

## Similar Documents

### Paper

384 words - 2 pages A 'term paper' is a research paper written by students over an academic term, accounting for a large part of a grade. Term papers are generally intended to describe an event, a concept, or argue a point. A term paper is a written original work discussing a topic in detail, usually several typed pages in length and is often due at the end of a semester. There is much overlap between the terms "research paper" and "term paper". The phrase "term

### Term Paper

405 words - 2 pages Term Paper A term paper is a research paper written by students over an academic term, accounting for a large part of a grade. Term papers are generally intended to describe an event, a concept, or argue a point. A term paper is a written original work discussing a topic in detail, usually several typed pages in length and is often due at the end of a semester. Contents   [hide]  * 1 Origin and clarity of the word * 2 History * 3

### Qatar Essay

524 words - 3 pages dfjkgqefwkjbqwkjfvicsnfwsdcf Essays on Food Chain and Food Chain Term Papers We offer Essays, Research Papers, Dissertations, Thesis Writing, Book Reports, Presentations and Term Papers on Food Chain. Choose from the following 4 services. - Custom written term papers on Food Chain - Plagarism free pre-written research papers on Food Chain - Expert editing of your Food Chain essay - Basic college paper on Food Chain for only \$49.99 About Our

### What Is An Essay?

815 words - 4 pages of term examinations often require students to write a short essay in two or three hours. In these countries, so-called academic essays, which may also be called "papers", are usually more formal than literary ones.[citation needed] They may still allow the presentation of the writer's own views, but this is done in a logical and factual manner, with the use of the first person often discouraged. Longer academic essays (often with a word limit