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A company patented a new device. If commercializes it, the variable costs are about $7 per unit product, and fixed costs are about $56,000 per year . 1. If the selling price is $25, how many units must be sold to break even ? 2. What’s the profit for Q=4000 units? 3. How many devices must be sold to realize a profit of $20,000? 4. What should the price to make a profit of $20,000 at quantity level Q=4000.
Which resource has higher capacity (show calculations)? Which resource is the bottleneck and what is the process capacity in guests per minute?
Choose any industry of interest and then, using the Strategic Canvas and Four Actions Framework identify a Blue Ocean. Your Blue Ocean can be either within a Red Ocean or exist outside of a Red Ocean representing a completely new unoccupied market.
Writing Exercise. Coordinating Conjunctions.
The demand for spring water at the SLC Costco is 600 liters per week. The setup cost for placing an order to replenish inventory is $25. The order is delivered by the supplier which charges Costco $0.10/liter for the cost of transportation from the R..
How might you go about implementing a job characteristics model to ultimately redesign and formulate jobs
Inventory Control Problem Johnson Corporation has the following information about a product (SKU) that it carries in stock: Average demand = 40 units per day The business year has 300 days Order lead time = 15 days Item cost = $50 per unit Ordering c..
Think about your present workplace or a workplace with which you are familiar. Describe specifically and in detail how one of the motivational theories discussed in Chapter 5 was used to motivate employees.
What are some of the ways entrepreneurs can get equity capital? You have just opened an insurance agency that specializes in insuring businesses. Write a sales letter to prospective customers introducing yourself and your services.
Like many other humanists the time, Machiavelli’s was writing in the “mirror for princes genre,” providing advice to Italian rulers.
Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,450 new students to take business courses. Illustrate what are the utilization and efficiency of this system.
Suppose that a metal rod is supposed to be cut 51.8 mm in length. The upper spec limit is set at 52.9mm and the lower spec limit set at 50.7mm.
Use appropriate nodes and arrows to draw the network diagram. On the network diagram, label the activity time under each node.
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