Optimal Input Mix

question 1

Essay

Optimal Input Mix. Boch, Ltd., has designed a fuel injector for oil fired generators that provides a throughput of 3 gallons of oil per minute. If the diameter of the industrial injector nozzle were increased by 1 centimeter, throughput would increase 1 gallon per minute. Alternatively, throughput could be increased by 2 gallons per minute using the original injector diameter with fuel pumps that had 50 more pounds of pressure (psi).
A. Estimate the marginal rate of technical substitution between pump psi and injector diameter.
B. Assuming the cost of additional fuel pump size is $10 per psi (due to changing of the pump and fuel supply peripheral), and the cost of larger diameter fuel injector is $400 per centimeter (due to machining of combustion units), does the original design exhibit the property required for optimal input combinations? If so, why? If not, why not?

Understand the structure and function of gametophytes and sporophytes in plant life cycles.

Identify and describe the characteristics of nonvascular plants, such as liverworts and mosses.

Recognize the stages and features of moss gametophytes.

Distinguish between the dominant generations in different plant life cycles.

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Definitions:

Functional Specialization

The division of work into specialized tasks or roles to increase efficiency and expertise.

Technical Standpoint

An perspective or opinion that focuses on the technical or practical aspects of a situation.

Horizontal Specialization

A division of work in an organization where tasks are divided among employees on the same hierarchical level, based on expertise or functional areas.

Departmentation

The process of dividing an organization into different departments, which allows for specialization and a more organized structure in managing functions and tasks.