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To produce a component, any of the four processes can be adopted. Process A: Fixed cost = Rs. 20, Variable cost/piece = Rs. 4 Process B: Fixed cost = Rs. 50, Variable cost/piece = Rs. 3 Process C: Fixed cost = Rs. 60, Variable cost/piece = Rs. 2 Process D: Fixed cost = Rs. 70, Variable cost/piece = Rs. 1 Which of the following process is the most economical to produce 100 pieces in a batch?
"It is now expected that the variable production cost per unit and the selling price per unit will each increase by 10%, and fixed production cost will rise by 25%. What will be the new break even point?
Selling price - Rs 6 per unit
Variable production cost - Rs 1.20 per unit
Variable selling cost - Rs 0.40 per unit
Fixed production cost - Rs 4 per unit
Fixed selling cost - Rs 0.80 per unit
Budgeted production and sales for the year are 10,000 units."
Seven chocolates, A, B, C, D, E, F and G, are bought at different costs between Rs. 40 and Rs. 50 (excluding both Rs. 40 and Rs. 50) but not necessarily in the same order. The cost of chocolate C is Rs. 5 less than that of chocolate E. The cost of chocolate A is a prime number. The cost of chocolate F is Rs. 2 more than that of chocolate A. The cost of chocolate F is more than that of chocolate E. The cost of chocolate D is an odd number. The cost of chocolate G is Rs. 3 more than the cost of chocolate D. None of the chocolates cost Rs. 44. The cost of chocolate B is an even number. What is the cost of chocolate E?
Simplify : $${{{5 \over 3} \times {7 \over {51}}{\text{ of }}{{17} \over 5} - {1 \over 3}} \over {{2 \over 9} \times {5 \over 7}{\text{ of }}{{28} \over 5} - {2 \over 3}}}$$
Consider the following statements.
1. In PERT, it is assumed that the activity times follow the beta distribution.
2. In CPM, two time and cost estimates are made for each activity, which are called the optimistic and pessimistic estimates.
3. Time is the only variable used in PERT.
4. While in PERT the emphasise is on event, in CPM the emphasise is on activity.
"S produces and sells one product, P, for which the data are as follows:
Selling price Rs 28
Variable cost Rs 16
Fixed cost Rs 4
The fixed costs are based on a budgeted production and sales level of 25,000 units for the next period. Due to market changes both the selling price and the variable cost are expected to increase above the budgeted level in the next period. If the selling price and variable cost per unit increase by 10% and 8% respectively, by how much must sales volume change, compared with the original budgeted level, in order to achieve the original budgeted profit for the period?"
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known.
The present cost of the plant = $${\text{original cost}} \times \frac{{{\text{index value at present}}}}{{{\text{index value at time original cost was obtained}}}}.$$
The most major component of this cost index is
An eraser cost Rs. 3. The cost of 20 erasers is equal to the cost of three pens. The cost of one pen is equal to the cost of two pencils and the cost of six pencils is equal to the cost of five markers. What is the cost of one marker?
Seven chocolates A, B, C, D, E, F and G are bought at different costs between Rs. 40 and Rs. 50 (excluding 40 and 50) but not necessarily in the same order. The cost of chocolate C is five less than that of chocolate E. The cost of the chocolate A is a prime number. The cost of chocolate F is two more than that of chocolate A. The cost of chocolate F is more than that of chocolate E. The cost of chocolate D is an odd number. The cost of chocolate G is three more than the cost of chocolate D. None of the chocolates costs Rs. 44. The cost of chocolate B is an even number. Which is the following chocolates is costlier than E?
The cost of packaging of the mangoes is 40% the cost of fresh mangoes themselves. The cost of mangoes increased by 30% but the cost of packaging decreased by 50%, then the percentage change of the cost of packed mangoes, if the cost of packed mangoes is equal to the sum of the cost of fresh mangoes and cost of packaging :