Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Company RGD opened a new manufacturing plant that fabricates high-quality steel ball bearings for export in the Asian market. The company spent F30 million on

image text in transcribed

image text in transcribed
Company RGD opened a new manufacturing plant that fabricates high-quality steel ball bearings for export in the Asian market. The company spent F30 million on the construction of the facilities and all equipment for production. In order for the company to have a huge sale, the price of each bearing is pegged at P, a price 30% lower than any company in the Asian market. Based on your research and study, you can estimate the average cost of production of each hearing. The cost is C, which includes the tax, cost of raw materials, fuel, electricity, transportation, labor, and all others. For the values of P and C, P =1100pesos C = 350pesos Tasks: 1. Make a progressive production plan so that at the end of 5 years, the company will recover the cost spent 1?30,000,0l}0) for the construction of the facilities and equipment, and at the same time earn a prot of ?50,000,0000. Make a yearly computation of the revenues earned and the total prot earned at the end of 5 years. Write your solutions and production plan using a blank sheet

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Analysis And Its Applications Roorkee, India, December 2014

Authors: P N Agrawal, R N Mohapatra, Uaday Singh, H M Srivastava

1st Edition

813222485X, 9788132224853

More Books

Students also viewed these Mathematics questions

Question

1. Ask a member of the family to share a skill or hobby.

Answered: 1 week ago

Question

1. Information that is currently accessible (recognition).

Answered: 1 week ago