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Thinking Like an Engineer

An Active Learning Approach 2e

Stephan, Bowman, Park, Sill, Ohland Copyright © 2013 Pearson Prentice-Hall, Inc.

Graphical Solutions

Modified by Prof. M. H. Imam

Graphical SolutionsThinking Like an Engineer 2e

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Thinking Like an Engineer

An Active Learning Approach 2e

Stephan, Bowman, Park, Sill, Ohland Copyright © 2013 Pearson Prentice-Hall, Inc.

Graph Interpretation

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Example Graphs_5

• Assume a 25 watt light bulb is turned on and then turned off 15 seconds later.

• Determine total energy

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Example Graphs_6

• Determine the total energy.

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Example Graphs_7

• A 25 watt light bulb is turned on for 15 seconds.

• The total energy absorbed by the light bulb at any given time is shown.

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Thinking Like an Engineer

An Active Learning Approach 2e

Stephan, Bowman, Park, Sill, Ohland Copyright © 2013 Pearson Prentice-Hall, Inc.

Meaning of Line Shapes

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The Shape of a Line has Meaning

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The Shape of a Line has Meaning

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Example Graphs_8

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A. Increasing at a constant rate B. Equal a constant, positive value C. Equal zero

D. Equal a constant, negative value

E. Decreasing at a constant rate

F. Increasing at a constant rate

G. Increasing at a decreasing rate

H. Increasing at an increasing rate

I. Decreasing at a decreasing rate

J. Decreasing at an increasing rate

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Thinking Like an Engineer

An Active Learning Approach 2e

Stephan, Bowman, Park, Sill, Ohland Copyright © 2013 Pearson Prentice-Hall, Inc.

Graphical Solutions

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Breakeven Analysis

• Graphically analyze the costs of producing a product and the revenue from selling that product to assess profitability.

• Important terms:

• Cost: money must invest to make product

• Fixed cost: Equipment, Building

• Variable cost: Labor, Energy, Material

• Revenue: money make selling product

• Selling price

• Loss or Profit: difference between cost and revenue

• Breakeven Point: where Cost = Revenue

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Breakeven Analysis

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12 Fixed Cost

Selling Price Variable Cost

Breakeven Point

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Example Graphs_9a

1. How many Fire Ant Destroyers must the company produce and sell to break even? Answer to the nearest 10,000 (the last four digits as zero).

Graphical Solutions

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170,000 units

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Example Graphs_9b

2. How many Fire Ant Destroyers must the company produce and sell to make a profit of $500,000? Answer to the nearest 10,000 (the last four digits as zero).

Graphical Solutions

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260,000 units

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Example Graphs_9c 3. What is the sales price of one Fire Ant Destroyer?

Graphical Solutions

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$10 / unit

Selling Price =

Slope of Revenue Line

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Example Graphs_9d

4. If the sales price of one Fire Ant Destroyer was increased by $1, how many units must the company produce and sell to break even?

Graphical Solutions

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140,000 units

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Example Graphs_9e

4. If the sales price of one Fire Ant Destroyer was decreased by $1, how many units must the company produce and sell to break even?

Graphical Solutions

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Thinking Like an Engineer 2e

210,000 units

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