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A producer can produce a product at a variable cost per unit of $6. If the fixed cost is $50,000, and demand for the product is forecast to be 15.000 units.
a. What price must the producer charge to producer sell to break-even? Show your work.
b. If the producer wants to obtain a sales revenue of $120,000, what price should it charge? Show your work.
c. Given your answer for price in part b., how much must fixed cost be cut so that the producer can make a profit of $30,000? Show your work.
What responsibilities does an employer have to ensure a safe and healthy work environment for employees? What is an example of a program or strategy HR professionals can implement to minimize risk to employees in light of workplace violence?
In companies that have multidepartment processes there is one component of costs that may or may not exist in downstream departments that is present in the first upstream department. Identify this cost and explain why this is.
Liberty Insurance Company processes application forms. The average output in a week is 600 claims. Currently the staff includes six full-time employees who work 40 hours per week and earn $18 per hour including fringe benefits. What is the productivi..
you are very enthusiastic about the oppoertunity to be a leading captain of industry and the associated power, prestige, and income.( you expect your salary, bouns, and stock option to double next year)
This is part one of a two part assignment starting with an introductory look at process design and supply chains. Identify a company with which you are familiar. This could be your place of employment, a car wash, a yard service company, and so fo..
Perform an industry analysis of Keurig Green Mountain using Porter's 5(6) Forces model as the framework. Be sure to identify and explain: Competitors (Rivalry), Entry barriers, Substitutes, Suppliers, Buyers, Complementors.
1 after a company completes a swot analyses what should it do next?a determine how to leverage the companys internal
With all other factors equal, the employer is more likely to pay a wage increase when:
Current separations are far less distinct. military is eliminating some of its organization design. Discuss major factors governing relative profitability of a real estate investment.
Duluth Machinery Company (DMC) is a famous producer of mining tools. How many production runs of mining drills will DMC have in a year?
When there is a high level of trust in negotiations, there may be more cooperation between the parties in reaching agreement.
It’s normal for an airline to overbook a flight by 20% or so, but Amtrak will overbook its longdistance trains only by 5% to 10%, even though they have even more noshows than the airlines do. What reasons would Amtrak have for overbooking so little? ..
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