Question Description
Please refer to the attached document to the changes that need to be made for this assignment. below are the requirements
Course Scenario
Oil Company X is a large oil refinery which has been expanding andtaking on new investment projects. Recently, they have consideredbuilding a pipeline that stretches across the United States, from Canadato New Orleans. As an alternate investment, they are consideringincreasing production at existing facilities.
In order to compare these investment opportunities, the head of theCost Analysis Department has tasked you with finding the profitmaximizing quantity and price if production continues at existingfacilities. You will then present this to the head of the department in ameeting, along with supporting documentation such as cost curves, datatables, and equations.
Instructions
As a Cost Analyst at your firm, you are being asked to evaluate theprofit maximizing quantity and price for your product to submit to yourmanager. Assume that your firm is a monopoly supplier of oil in yourregion, due to extensive trade restrictions.
Another team member in the Cost Analysis Department has compiled the necessary data in the linked spreadsheet.You will have to complete the missing columns for ATC, AVC, and MC. Ifthe company is incurring a profit, include the amount of the profitearned when quantity and price are maximized. If your company isincurring a loss, prove whether it should shut down or continueoperating at a loss. Use graphs and equations to support your argument.
You will create a short screen recording with narration arguing yourcase to your manager. Create a PowerPoint presentation to support yourrecommendation which can serve as the visuals for your recorded screencapture.
There are many free screen recording software/Webware optionsavailable (such as Screencast-O-Matic) to use in presenting yourPowerPoint. Make sure that both your voiced narration and the PowerPointslides are captured during your screen recording.
Be sure to include a cohesive introduction and conclusion of yourfindings. Your body slides should include any relevant curves created inExcel from the data spreadsheet.
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