Homework 3
1.
15$ per Q will be collected in the future.
So value for 15$ per Q today is: 15/(1.18)^2= $10.77
MAX = MR - MC = 0
10.77 - 4 - Q/7000 = 0
6.77 - Q / 7000 = 0
Q = 47390
TVC = 4(47390) + (47390)^2/14,000 = 189,560 +160,415 = 349975
Today I have

Homework 3
1.
15$ per Q will be collected in the future.
So value for 15$ per Q today is: 15/(1.18)^2= $10.77
MAX = MR - MC = 0
10.77 - 4 - Q/7000 = 0
6.77 - Q / 7000 = 0
Q = 47390
TVC = 4(47390) + (47390)^2/14,000 = 189,560 +160,415 = 349975
Today I have

Uncertainty in Future
Events
Learning Objectives
Use a range of estimates to evaluate a project
Describe possible outcomes with probability
distributions
Combine probability distributions for individual
variables into joint probability distributions
U

Selection of an interest rate
(Minimum Attractive Rate of Return)
Online textbook chapter: 15
Criteria
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Cost of Funds
Investment Opportunities
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MARR versus Ri

ENGR110
Midterm Review I
Fall 2016
Market Structures
Market
Structure
Perfect
Competition
Monopolistic
Competition
Oligopoly
# of Sellers
Commodity
Barriers to Entry Price Control
A Lot
Homogenous
No Barriers
None
Many
Differentiated
Few Barriers
Some
Ver

Rate of Return Analysis
(You can find this discussion in Chapters 7 in the 11 th edition of the textbook)
Rate of return analysis is the most frequently
used exact analysis technique in industry.
Major advantages
Rate of return is a single figure of me

Analyzing Different Useful Lives
Applying Cash Flow and Equivalence
to Investment Decisions
Example: Applying Present Worth
when Useful Lives are Equal
Build a full-sized facility for $400 million now, or build a reduced-size
facility now for $300 million

MSE 110
Introduction to Materials
Characterization
Crystal Structure and X-ray
Diffraction of Materials
Lecture 2
Fall 2015
Atomic Transitions
Characteristic Radiation
K lines are usually
most useful for x-ray
applications of
materials
I(k 1) 2 I(k 2)