1. what level of inspection is optimal ? 2. think of production activity, what points are...
Homework Answers
1. what level of inspection is optimal?
Optimal level of inspection: when the expense of inspection rises to the cost of passing imperfections .
2. think of production activity, what points are a potential candidate for inspection?
Points that are potential candidates for inspection:
1) When crude materials are bought
2) When products are finished
3) Before an expensive activity
4) Before an irreversible procedure
5) Before a covering procedure.
*** Please leave a thumbs up **
Add Answer to:
1.
what level of inspection is optimal ?
2. think of production activity, what points are...
1) What is the optimal level of pesticide production? What is the social marginal cost at the optimal level? 2) What is the total surplus at the optimal level? What is the deadweight loss of pesticid...
1) What is the optimal level of pesticide production? What is
the social marginal cost at the optimal level?
2) What is the total surplus at the optimal level? What is the
deadweight loss of pesticide production in an unregulated
market?
3) If the government taxes pesticide production, what is the
size of the Pigouvian Tax?
Assume that the market demand curve for pesticides is given by the following equation: Po 1000 - 2QD, and the market supply curve, which...
Which of the following is not a batch-level activity! 1) Assembling 2) Inspection 3) Equipment setups...
Which of the following is not a batch-level activity! 1) Assembling 2) Inspection 3) Equipment setups 4) Purchase ordering Question 27 (2.5 points) For its inspecting cost pool, Davidson, Inc. expected overhead cost of $300,000 and 4,000 inspections. The actual overhead cost for that cost pool was $360,000 for 5,000 inspections. The activity-based overhead rate used to assign the costs of the inspecting cost pool to products is 1) $60 per inspection. 2) $72 per inspection. 3) $75 per inspection....
a. Explain and describe the magnitude of the optimal production level of an item that has...
a. Explain and describe the magnitude of the optimal production level of an item that has a negative externality (for example: pollution), if the company takes into account social costs. Compare this level of production with the level of production which only takes into account 'private costs' (private cost). b. What policy can be done by the government to reduce the production of goods that have negative externalities and encourage the production of goods that have positive externalities? Explain.
Which one of the following statements is false? a) The economically optimal level of production is...
Which one of the following statements is false? a) The economically optimal level of production is less than the open-access equilibrium level of production. b) The economically optimal level of production occurs at the maximum sustainable yield. c) Charging a license fee for access to a common resource will reduce the production level below the open-access equilibrium. d) The “tragedy of the commons” is more likely to occur as production effort increases. e) A license fee will reduce the incentives...
Question 2 (3 points) A batch of one million washers arrived. Using general inspection level II,...
Question 2 (3 points) A batch of one million washers arrived. Using general inspection level II, what sample size is required under AQL = 1.0% ? 80 1250 800 59
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost hierarchy). 1. Procurement of raw materials 2. Material handling 3. Machine set-ups 4. Production 5. Qu...
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost hierarchy). 1. Procurement of raw materials 2. Material handling 3. Machine set-ups 4. Production 5. Quality inspection 6. Distribution
Sandiwara Oxygen Product (mos a. What is the optimal pH for catalase activity? b. What happened...
Sandiwara Oxygen Product (mos a. What is the optimal pH for catalase activity? b. What happened to the catalase at pH 2? c. Why did the product production slow down over time, even at the optimal pH? Unit 7, page 7
TB MC Qu. 1-133 At an activity level of.. A n activity level of 9.00 machine...
TB MC Qu. 1-133 At an activity level of.. A n activity level of 9.00 machine hours in a month, Fakes Corporation's total variable production engineering cost is $765,310 and is totalfied production engineering costs 5224070 What would be the total production engineering Couper machine hour, both fixed and variablet an activity level of 9700 machine hours in a month Assume that this level of activity within the relevant range. Round Intermediate calculations to 2 decimal places.) Maple Choice O...
Short run profit max Consider y - 11/2k1/3 Find the optimal input level, optimal output level,...
Short run profit max Consider y - 11/2k1/3 Find the optimal input level, optimal output level, and profit of the 11/2k1/3 following production function: y - Let price of the output $10, wage $2, price of capital $2, capital fixed at k-1
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost...
Classify whether the activity cost pools are at the unit, batch, product or facility level (cost hierarchy). 1. Procurement of raw materials 2. Material handling 3. Machine set-ups 4. Production 5. Quality inspection 6. Distribution
1) What is the optimal level of pesticide production? What is
the social marginal cost at the optimal level?
2) What is the total surplus at the optimal level? What is the
deadweight loss of pesticide production in an unregulated
market?
3) If the government taxes pesticide production, what is the
size of the Pigouvian Tax?
Assume that the market demand curve for pesticides is given by the following equation: Po 1000 - 2QD, and the market supply curve, which...
Which of the following is not a batch-level activity! 1) Assembling 2) Inspection 3) Equipment setups 4) Purchase ordering Question 27 (2.5 points) For its inspecting cost pool, Davidson, Inc. expected overhead cost of $300,000 and 4,000 inspections. The actual overhead cost for that cost pool was $360,000 for 5,000 inspections. The activity-based overhead rate used to assign the costs of the inspecting cost pool to products is 1) $60 per inspection. 2) $72 per inspection. 3) $75 per inspection....
Question 2 (3 points) A batch of one million washers arrived. Using general inspection level II, what sample size is required under AQL = 1.0% ? 80 1250 800 59
Sandiwara Oxygen Product (mos a. What is the optimal pH for catalase activity? b. What happened to the catalase at pH 2? c. Why did the product production slow down over time, even at the optimal pH? Unit 7, page 7
TB MC Qu. 1-133 At an activity level of.. A n activity level of 9.00 machine hours in a month, Fakes Corporation's total variable production engineering cost is $765,310 and is totalfied production engineering costs 5224070 What would be the total production engineering Couper machine hour, both fixed and variablet an activity level of 9700 machine hours in a month Assume that this level of activity within the relevant range. Round Intermediate calculations to 2 decimal places.) Maple Choice O...
Short run profit max Consider y - 11/2k1/3 Find the optimal input level, optimal output level, and profit of the 11/2k1/3 following production function: y - Let price of the output $10, wage $2, price of capital $2, capital fixed at k-1
Most questions answered within 3 hours.
-
Suppose that Alicia has $30,000 in invested as follows: $10,000
in TJX Cos., $15,000 in Macy’s,...
asked 4 minutes ago -
Volunteer Pharmaceuticals (VP) wants to set aside money in the
R&D fund to seek supplemental drug...
asked 4 minutes ago -
What is precedent?
an order by the court.
the power of a court to overrule a...
asked 10 minutes ago -
Classify the tonicity of a solution made by dissolving 12mg of
sodium chloride in 1.0mL of...
asked 16 minutes ago -
Consider the equilibrium reaction: 2A (aq) + 3B (aq) <-->
C (aq) (in my notation <-->...
asked 17 minutes ago -
A recent poll found that 21% of a random sample of 1200 people
lost jobs due...
asked 23 minutes ago -
Indicate whether aqueous solutions of the following substances
contain ions. If so, write formulas for the...
asked 19 minutes ago -
Include at least one psychology theory, model or concept
discussed in Chapter 1, 2 or the...
asked 29 minutes ago -
Need help in drawing out a map pathway of pentose phosphate
pathway and pyruvate dehydrogenase/citric acid...
asked 36 minutes ago -
Question 1
At the end of Year 6,
South Co.'s tax department estimates that they will...
asked 38 minutes ago -
Use standard enthalpies of formation to determine
ΔHorxn for:
1. 3NO2(g) + H2O(l) → 2HNO3(aq)
+...
asked 42 minutes ago -
Abigail Adams was hired as an associate professor of economics
at Heartland University. She was the...
asked 44 minutes ago