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Break Even Point - Fixed Cost divided by (Price - Variable Cost) or FC/(P-VC)1. A T-Shirt Manufacturer has fixed costs of 125,000 dollars. She sells the T-Shirts for 10 bucks and has variable costs of 4 bucks per shirt. How many T-shirts does she need to sell to break even?2. Roscoe drives a cab. He has fixed costs annual costs of 2300 dollars for insurance, taxes, and insurance. He charges people 50 cents a mile to drive them and estimates that for each mile driven the variable costs (gas, oil, etc) is 15.5 cents a mile. How many miles does Roscoe have to drive to break even?
A fast-food restaurant buys hamburger buns from a national bakery supplier. The daily usage of buns at the restaurant is normally distributed with an average of 160 and standard deviation
How much should be invested at 12% nominal interest rate, compounded monthly, to provide equal yearly payments of $10,000 per year for 6 years
What are the business benefits of BI (Business Intelligence) deployments and the main challenges required to extend BI tools beyond
What is the average time spent by each order waiting to be processed? Assume that the orders coming in are either small or large. Small orders are for an average of $500 and large orders are for an average of $5,000
Compare the treatment of mental illness in the medical model, the public health model, and the human service model. Which model provides the best treatment or approach in your opinion?
Give your assessment of the requirements for Cuba to develop a free and independent trade union. Determine if it is essential for a free society.
Using these data how many mocha latte coffees would be forecast to be sold according to simple linear regression if the price per cup
A new aircraft control system is being designed that must be 97.5% reliable. This system consists of four components in series.
Briefly describe when qualitative versus quantitative forecasting methods would be used? Describe what linear regression is and how it can be used.
James Lawson's Bed also Breakfast, in a small historic Mississippi town, must decide elucidate how to subdivide (remodel) large old home which will become its inn. Which option has highest expected value.
Promotion which I would like to run would be spelling of a 7 letter word. This promotion would be run over a period of 30 days. There will only one card per shoe dealt which will allow a random drawing of a set of pre determined letters.
Father's Cookies produces chocolate-chip cookies in a large oven that holds up to 2,000 pounds of cookies at a time. Annual demand is constant at 200,000 pounds; variable cost is $.25 per pound.
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