EXAMPLE 2-1 Fixed and Variable Costs continued on next slide

EXAMPLE 2-1 (continued) Fixed and Variable Costs continued on next slide

EXAMPLE 2-1 (continued) Fixed and Variable Costs continued on next slide

EXAMPLE 2-1 (continued) Fixed and Variable Costs

EXAMPLE 2-2 Sunk Costs in Replacement Analysis

EXAMPLE 2-3 Opportunity Cost in Replacement Analysis

EXAMPLE 2-4 Optimal Demand When Demand Is a Function of Price continued on next slide

EXAMPLE 2-4 (continued) Optimal Demand When Demand Is a Function of Price continued on next slide

EXAMPLE 2-4 (continued) Optimal Demand When Demand Is a Function of Price continued on next slide

EXAMPLE 2-4 (continued) Optimal Demand When Demand Is a Function of Price continued on next slide

EXAMPLE 2-4 (continued) Optimal Demand When Demand Is a Function of Price continued on next slide

EXAMPLE 2-4 (continued) Optimal Demand When Demand Is a Function of Price continued on next slide

EXAMPLE 2-4 (continued) Optimal Demand When Demand Is a Function of Price

EXAMPLE 2-5 Breakeven Point When Price Is Independent of Demand continued on next slide

EXAMPLE 2-5 (continued) Breakeven Point When Price Is Independent of Demand continued on next slide

EXAMPLE 2-5 (continued) Breakeven Point When Price Is Independent of Demand continued on next slide

EXAMPLE 2-5 (continued) Breakeven Point When Price Is Independent of Demand

EXAMPLE 2-6 How Fast Should the Airplane Fly? continued on next slide

EXAMPLE 2-6 (continued) How Fast Should the Airplane Fly? continued on next slide

EXAMPLE 2-6 (continued) How Fast Should the Airplane Fly? continued on next slide

EXAMPLE 2-6 (continued) How Fast Should the Airplane Fly?

EXAMPLE 2-7 Energy Savings through Increased Insulation continued on next slide

EXAMPLE 2-7 (continued) Energy Savings through Increased Insulation continued on next slide

EXAMPLE 2-7 (continued) Energy Savings through Increased Insulation continued on next slide

EXAMPLE 2-7 (continued) Energy Savings through Increased Insulation

EXAMPLE 2-8 Choosing the Most Economic Material for a Part continued on next slide

EXAMPLE 2-8 (continued) Choosing the Most Economic Material for a Part

EXAMPLE 2-9 Choosing the Most Economical Machine for Production continued on next slide

EXAMPLE 2-9 (continued) Choosing the Most Economical Machine for Production continued on next slide

EXAMPLE 2-9 (continued) Choosing the Most Economical Machine for Production continued on next slide

EXAMPLE 2-9 (continued) Choosing the Most Economical Machine for Production

EXAMPLE 2-10 To Produce or Not to Produce?—That Is the Question continued on next slide

EXAMPLE 2-10 (continued) To Produce or Not to Produce EXAMPLE 2-10 (continued) To Produce or Not to Produce?—That Is the Question continued on next slide

EXAMPLE 2-10 (continued) To Produce or Not to Produce EXAMPLE 2-10 (continued) To Produce or Not to Produce?—That Is the Question

EXAMPLE 2-11 Investing in Electrical Efficiency continued on next slide

EXAMPLE 2-11 (continued) Investing in Electrical Efficiency