User Account

All Pages

Determine the minimum service fee per delivery

Assignment Help Accounting Basics
Reference no: EM133039606

Question - Background: You have developed a unique robotic device that will autonomously deliver groceries to people's house.

Facts:

You are limiting your delivery service to 3 miles from store location.

The cost to produce the delivery robot is $9,300 per robot with a 3 year lifecycle

Market research indicates you will need 5 robots to meet demand and account for down time (repair, charging, etc)

You expect to receive on average 75 orders per day

The average ticket price per order is $74

It cost on average including maintenance and electricity 15 cents per mile to operate the delivery robot

Each order cost $8 in labor to pick the groceries and launch the robot

Margin for groceries is 3%

Using break even analysis determine the minimum service fee per delivery you will have to charge for this service to insure you don't lose money. Make sure you state your assumptions and show your work.

Reference no: EM133039606

Questions Cloud

How to deal with informal feedback : Learning how to listen and accept criticism from a boss can be hard to handle. No one likes to hear negative things about their work performance.
Record the sale by balus company : Question - Record the sale by Balus Company of $125,000 in accounts receivable on May 1. Balus is charged a 2.5% factoring fee
Explain supply chain plan or diagram : Problem: Consider your current or previous place of employment. How could you use a process improvement technique to solve an operational issue or concern?
Calculate the fair total forward price : The current, effective, annual risk-free rate over the 2 months is 2.44 percent. Calculate the fair total forward price.
Determine the minimum service fee per delivery : Using break even analysis determine the minimum service fee per delivery you will have to charge for this service to insure you don't lose money
Lens-being engaging performing accepting : The leaders who adopted this lens suggested that they have"always thought of themselves as leaders. people who use this lens often noted their personal qualitie
Servant leadership comprehensive case study : Each student will identify and select a leader that they have access to and that they would identify as a servant leader.
Geo-political environment research paper : Geo-Political Environment Research Paper - Corporate leadership as a reaction to new geo-political events
Characteristics of e-business models : Assignment: Identify and outline at least three (3) characteristics of ANY TWO e-business models that strategic planners may incorporate in the strategic e-mark

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd