Prepare a graph that shows total weekly cost for each plan

Assignment Help Operation Management
Reference no: EM13249024

a real estate agent is considering changing her cell phone plan. there are 3 plans to choose from, all of which involve a weekly service charge of $20. plan A has a cost of $0.45/min for daytime calls and $0.20/min for evening calls. plan B has a charge of $0.55/min for daytime calls and $0.15/min for evening calls. plan C has a flat rate of $80 with 200 minutes of calls allowed per week and a charge of $0.40 per minute beyond that, day or evening.

determine the total charge under each plan for this case:

120 minutes of days calls and 40 minutes of evening calls in a week

prepare a graph that shows total weekly cost for each plan versus daytime call minutes

if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?

suppose that the agent expects both daytime and evening calls. at what point (i.e. percentage of call minutes for daytime calls) would she be indifferent between plans A and B?

 

Reference no: EM13249024

Questions Cloud

Plot the total cost and total revenue lines : A plastic cup manufacturer is considering adding a new plant to keep up with growth in demand. The location being considered will have fixed costs of $15,200 per month and variable costs of $10 per box of 1,0000 cups produced. Cups are sold for a ..
Determine the value of the dielectric constant : A parallel-plate capacitor is constructed with circular plates of radius 5.5×10?2m . The plates are separated by 0.23mm, Find the value of the dielectric constant, ?.
Give an example of off-the-shelf software : What is the term in MS Access that indicates the database will determine the primary key
Identify two other currency management strategies : Besides currency hedging, identify two other currency management strategies can Markel Corporation choose to fight currency fluctuations, since it exports 40% of sales. Explain your choices.
Prepare a graph that shows total weekly cost for each plan : suppose that the agent expects both daytime and evening calls. at what point (i.e. percentage of call minutes for daytime calls) would she be indifferent between plans A and B?
Find gain in decibels of amplifier that has a straight gain : The controlled variable in a closed-loop system is the direction of a robot arm. Initially, it is at 50o; then it is commanded to go to 25o. What is the error when the arm position is at 15o
What is the overall transfer function in v-amp : In a certain system, an electrical heating element was found to increase the temperature of a piece of metal 7o for each amp of current. The metal expands 0.004 in./deg and pushes on a load sensor that outputs 1 V/0.003 in.
What is the rms voltage of the source : In a series R-L-C circuit, R = 320? , XC = 260? and XL = 600? . The average power consumed in the resistor is 60.0W. What is the rms voltage of the source
Is there enough voltage resolution to not require added gain : The bandwidth of interest is between 0.5 and 50 Hz and has peak amplitude of approximately +/-1 mV. -a. Design and draw a block diagram (not circuit) of the signal conditioning portions (everything before ADC) of your system.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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