Question
Using MATLAB Language Create a program that will perform a complete breaken analysis. The program should ask a user to enter: the weight of each
Using MATLAB Language
Create a program that will perform a complete breaken analysis. The program should ask a user to enter: the weight of each widget to be produced, in grams. The projected selling price of each widget, in dollars; The program should ask a user to enter the following information: Name of the equipment option, entered as text. The following values for the choice: Cost to purchase equipment [$], Energy cost [$/widget], Labor cost [$/widget], Maintenance cost [$/widget], Landfill cost [$/widget], Machine production [widgets/day], Material costs [$/lbm] . The program should ask the user to enter the plant operation schedule: Number of days per week the plant will run, Number of weeks per year the plan will run, Number of years the analysis should include. The program should conduct a breakeven analysis on each equipment option using these steps: Determine the total variable cost of producing the widgets. Determine the total cost to operate the entered machine for the number of years requested by the user. The total cost vector should be calculated for the number of years requested, where each column is a year. Determine the total revenue for the number of years requested by the user. The total revenue vector should be calculated for the number of years requested, where each column is a year. Determine the total profit for the number of years requested by the user. The total profit vector should be calculated for the number of years requested, where each column is a year. The program should now determine the breakeven point in months and in number of widgets for each option. This should be accomplished by creating a mathematical formula to express the breakeven point (time or widgets) as a function of cost. The program should generate a proper plot with the number of widgets produced on the abscissa, and the revenue and total cost on the ordinate for the equipment option. This figure should also include a large point on the line to indicate the found breakeven point. The program should generate a proper plot to display the profit of the equipment choice with respect to time. This figure should also include a large point on the line to indicate the found breakeven point. (Name: Current Initial Cost: $0 Energy Cost: $0.32/widget Labor Cost: $0.30/widget Maintenance Cost: $0.25/widget Landfill Cost: $0.20/widget Material Cost: $3.00/lbm Widgets per day: 1500 Number of days per week: 5 Number of weeks per year: 48). time is 5 years, widget weight 300 gram, product sell for $3.15/widget, option break even no more than 10 months.
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