An engine manufacturer requires 82 pistons per day in its assembly operations. No shortages are to be allowed. The machine shop can produce 500 pistons per day. The cost associated with initiating manufacturing action is $400, and the holding cost is $0.45 per piston per day.

The manufacturing cost is $105 per piston.

(a) Find the minimum-cost production quantity
(b) Find the minimum-cost procurement level if production lead time is 8 days.
(c) Calculate the total system cost per day.

An engine manufacturer requires 82 pistons per day in its assembly operations. No shortages are to be allowed. The machine shop can produce 500 pistons per day. The cost associated with initiating manufacturing action is $400, and the holding cost is $0.45 per piston per day.
The manufacturing cost is $105 per piston.

(a) Find ...

Solution Summary

This solution is comprised of a detailed calculation to find the minimum-cost production quantity, the minimum-cost procurement level if production lead time is 8 days, and the total system cost per day.

The cost function for a business is shown in the table below (where Q is the level of output):
Q (units) Cost
0 8
1 24
2 38
3 44
4 51
5 52
6 59
7 65
8 79
9 95
10 125
Calculate the (a) marginal cost and (b) the average total cost schedules.

Questions 2 and 3
I need help with answering the following cost accounting questions. Could you please provide a words count of 200 for each questions.
2. Contrast the primary focus of job order cost accounting and of process cost accounting.
3. What are the similarities between a job order and a process costsystem?

The following applies to both parts:
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The accompanying table shows the total cost of purchasing combinations of differently priced CDs. The types of CDs are labeled A, B, and C.
A B C Total Cost
1 1 1 $37
3 2 1 $69
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System S has an up-front cost of $3 million at t = 0 and will produce positive cash flows of $2.5 million per year for two years (at t = 1 and 2).

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Wages and salaries $400,000
Depreciation 180,000
Occupancy 200,000
Total $780,000
The distribution of resource

I'm just drawing a blank on how to work this type of problem and I have several of this type.Could you please explain step by step how to solve this type of algebra problem please?
Word problem---
The combined cost of one advance ticket and one same-day ticket to a show was $45. It is known that 30 tickets were sold in adv