How many sets should they sell to break even

Assignment Help Operation Management
Reference no: EM131637670

A firm sells dinner table sets - each set includes one table and six chairs. The price of the set is $600. The variable cost of the table is $82, and that of each chair is $30. Fixed cost for the production process is $20,000. How many sets should they sell to break even?

Reference no: EM131637670

Questions Cloud

Develop gantt scheduling chart for the activities : Considering today as end of day 7, Develop a Gantt scheduling chart for the activities below:
What was piece originally supposed to mean : What was piece originally supposed to mean? Is there a story behind why it was created? Did it spark controversy or change?
Primary purpose of a quality management program : The primary purpose of a quality management program is to:
Find the most economical quantity of bicycles : Find the most economical quantity of 10-speed bicycles to order if it costs the store $20 to place an order, $5 to hold a bicycle for a week.
How many sets should they sell to break even : A firm sells dinner table sets - each set includes one table and six chairs. How many sets should they sell to break even?
National practitioner data bank was established primary : The National practitioner data bank was established primary for
Managed care has been instrumental : Managed care has been instrumental in
Traits and skills which contributed to successful leadership : describe their personal traits and skills which contributed to their successful leadership.
Describe the level curves of v : IDEAL GAS LAW According to the ideal gas law, the volume V of an ideal gas is related to its pressure P and temperature T.

Reviews

Write a Review

Operation Management Questions & Answers

  What is a non-disclosure agreement

How are service levels established? Recommend why a negotiation strategy to achieve the performance level that was an industry standard versus a corporate standard would be in the best interest of both parties.

  What kind of disconfirming data

The Global Business Leader is a chapter in Level Three Leadership textbook What kind of disconfirming data have you encountered either personally or in your work group over the last six months? What was your response to it?

  How can the entrepreneur leave the original business yet

Suppose an entrepreneur has built a successful business over several years and now has the opportunity to start another business compatible with the current one. How can the entrepreneur leave the original business yet stay involved in it?

  Work breakdown schedules and dependency relationships

Assignment- Work Breakdown Schedules, Uncertainty, and Dependency Relationships. Write a develop a three to five (3-5) page paper that addresses the following- Describe the elements of the project plan that depend on the WBS, and provide examples of ..

  Information systems team in securing employee data

How would you prevent them from occurring again? How might you involve your information systems (IS) team in securing employee data?

  Marketing segments that have the greatest influence on sales

From the case study, categorize the Nano’s marketing segments that have the greatest influence on its sales. Assume you are the marketing manager at Tata responsible for consumer marketing. In your own words, outline a plan that Tata could implement ..

  Manufacturer recently reduced the setup cost

Annual demand is 900 units. Cost to produce the unit is $250, carrying cost is 10% per year. The manufacturer recently reduced the setup cost from $200 to $12.50. What is his new EOQ? If the company’s goal is to move to a single piece lot size, what ..

  Compare the information you found with the information

Compare the information you found with the information in the text. Answer the following question with supporting references

  Evaluate the different leadership theories

You are employed at a large global high-tech company that has offices worldwide in such places as Tokyo, London, Bombay, Toronto, Mexico City, Chicago, and Seattle to name a few.

  Discuss the interrelationships among cost of capital

Executive salaries have been shown to be more closely correlated to the size of the firm than to its profitability. Discuss those statements, being sure (1) to discuss the interrelationships among cost of capital, investment opportunities, and new in..

  Prestigious firm has web page that increasingly gets traffic

Your small but prestigious firm has a web page that increasingly gets traffic and now you, the communications director, want to convince upper management to branch out to use Facebook and Twitter. You know that convincing some of the partners to adop..

  Compute the composite rating for each location

A location analysis for Temponi Controls, a small manufacturer of parts for high technology cable systems, has been narrowed down to 4 locations.

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!

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