Could you reduce the cost of producingpots per day

Assignment Help Business Economics

Reference no: EM1354456

Your financial analysis department estimates that the price of a pottery machine is $2,000 per day. Can you reduce the cost of producing 1,800 pots per day by adding a pottery machine to your production process and reducing the amount of labor? Explain why or why not.

Reference no: EM1354456

Questions Cloud

Overview of humanistic psychology : The topic of this solution is an overview of humanistic psychology. This is often thought of as the third of wave of modern psychology following psychoanalysis and behaviorism.

Relationships of cash in bank and transaction cycles : Describe the relationships between cash in the bank and transaction cycles. Where are you likely to gain the most accurate information?

Determine absolute increase in unit sales and dollar sales : The group product manager for ointments at American Therapeutic Company was reviewing price and promotion options for two products:

What is the mass of this volume of water : A 60 kg skier starts from rest at a height of H = 21 m above the end of the ski-jump ramp. As the skier leaves the ramp, his velocity makes an angle of 28° with the horizontal. avoid the effects of air resistance and assume the ramp is frictionles..

Could you reduce the cost of producingpots per day : Could you reduce the cost of producing 1,800 pots per day by adding a pottery machine to your production process and reducing the amount of labor. Explain why or why not.

Describe about organizational skills : Explain what can you do to make the department and its employees more organized and show appointment tools, organization skills, and management strategies.

Application of humanistic theory : Explain one way in which the application of humanistic theory might be the same and one way in which it might differ for adults in a face-to-face learning environment versus adults in an online learning environment.

Find the linear acceleration of the bicycle : A ball rolling along at speed v without slipping on a horizontal surface while it comes to a hill that rises at a constant angle above the horizontal.

Proving language to be pumping lemma : Show that the language F = {a^i b^j c^k | i, j, k greater than or equal to 0 and if i = 1 then j = k} is not regular. Show, however, that it satisfies the statement of the pumping lemma

User Account

All Pages