alternative source of fuel. METHODOLOGY 1. Add fruit to a barrel. • Obtain throwaway fruit from your local grocer or another source. Fruit that is rotten may be used in lieu of edible food. • Add fruit until the barrel is approximately 1/3 full. It is important to not exceed this amount‚ as the barrel may overflow during fermentation. 2. Mash the fruit with a pole or other blunt object. 3. Add water and yeast to the barrel. • Although standard yeast can be used‚ it is
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capacity and utilization of each resource in the process flow diagram at the end of this document. Briefly describe how you calculate the capacity and utilization here. [20 points] On average‚ 18000 barrels arrive over the 12hr span that the business is open. This means approximately 1500 barrels of berries are input into the process per hour (18000barrels/12hrs). The capacity of the Kiwanee dumpers was given as 3000 b/hr.‚ and I was able to calculate the implied utilization by dividing the berry
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answer questions 1-2: Table: Barrels of Oil Barrel of Oil Produced 1 2 3 4 5 6 7 8 9 10 Total Revenue $50 100 150 200 250 300 350 400 450 500 Total Cost $4 10 21 38 61 90 126 176 266 390 Price $50 50 50 50 50 50 50 50 50 50 1. (Table: Barrels of Oil) Refer to the table. How many barrels of oil should the company produce to maximize profit? A) 6 B) 7 C) 8 D) 9 2. (Table: Barrels of Oil) Refer to the table. What is the marginal revenue of producing the fifth barrel of oil? A) 61 B) 50 C) 200 D)
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drivers spend too much time waiting to unload process fruit at the receiving plant. (2) Overtime costs and absenteeism are out of control. There is also a secondary problem: half of the berries graded as top quality and awarded a 50-cent premium per barrel (bbl) are not top quality and do not deserve the premium. 2. What are the sources of the variability that NCC is subjected to? It is well known that variability can play a significant role in NCC. Indeed‚ the base case accounts for inter-day cariability
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The concept and practice of depreciation and depletion play an integral part in a company ’s cash flow and profit or loss statements. Depreciation‚ according to investopedia is a method of allocating the cost of a tangible asset over its useful life. Depletion is very similar to depreciation with very subtle differences‚ the first one being what is depreciated verses depleted. All assets (except land) are depreciated but the assets with natural resources are depleted. The methods on how depreciation
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that are economically recoverable for conversion to synthetic crude oil at the price range of $25-$35 per barrel. Although substantial amount of the world ’s oil is in the form of tar sands‚ it is not all recoverable. Study shows that the world’s total natural bitumen reserves are estimated at 249.67 billion barrels‚ Canada maintains 176.8 billion barrels. Northern Alberta’s 173 billion barrels of recoverable bitumen requires intensive processing to convert to synthetic crude oil. However‚ there are
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provides the cost per barrel depending on how many barrels it’s producing‚ therefore if the price is $ 80 dollars per gallon it may in fact cost the consumer the same amount by the cost of fuel per gallon. (Rising Gas Prices) Article Review of Pump prices Oil prices: The following information within this article relates that there is in fact a variable that continues to cause and affect our Oil and Gasoline pricing. These pricing effects can either the cost of oil per barrel; the higher the
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would help the economy. The Pipeline would process 47‚000 barrels of Bakker crude oil daily. The 47‚00 barrels would bring in 3.78 billion dollars daily.(Fargo-Moorhead) The state tax revenue would go up to 43.3 million in the first five months of the pipeline operation. This would benefit our economy in a huge way. Also‚ the shipping price per barrel went down. It was seven to eight dollars a barrel and was reduced to five dollars a barrel. This left the producers and royalty owners with a big profit
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pistol shot Edward Culshaw. In those days‚ there were no bullets‚ as we know them. Gunpowder and a ball of lead were put into the gun’s muzzle and packed with paper wadding. A spark made when the gun’s hammer struck some flint at the back end of the barrel ignited the powder. When the constable examined Culshaw’s wound‚ he found a piece of newspaper used as wadding to pack the powder in the killer’s gun. The prime suspect in the killing was a man named John Toms. When a piece of newspaper found in Toms’
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create more job opportunities. If the government decides to drill for oil‚ it could possibly lead to about 17 billion barrels of oil‚ to last the United States for the next 20 years. According to the official ANWR website‚ Prudhoe Bay is located 60 miles west of ANWR and has produced about 10 billion barrels of oil in the past 20 years. It is currently producing about 1.4 million barrels a day‚ but is slowly declining; this induces the need for a new source. The northeastern part of ANWR is America’s
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