Should you choose the automated lab

Assignment Help Accounting Basics
Reference no: EM132673084

Question - You are comparing replacement of the current lab, which has a cost function of C = 200,000 + 25 x Q, with an automated C = 300,000 + 20 x Q. Doing so would reduce the error rate from 1.5 percent to 1 percent. Your volume is expected to be 18,000 tests per year. Should you choose the automated lab? Briefly explain your logic.

Reference no: EM132673084

Questions Cloud

Describe yourself in entrepreneurial terms : Describe yourself in entrepreneurial terms using the ideas that are discussed in your reading.
Personality or behavioral traits of entrepreneurs : Demonstrate how this entrepreneur embodies at least 3 personality or behavioral traits of entrepreneurs. What is your subject's business?
Why measure organizational performance : A division of global multinational company reports sales of $675,000, variable costs of $300,000, Why measure organizational performance
Comparing the selected operating system : Pick one of the below operating systems and present information on the operating systems, and your thoughts comparing the selected operating system
Should you choose the automated lab : our volume is expected to be 18,000 tests per year. Should you choose the automated lab? Briefly explain your logic
Inefficiency and ethical behavior for leaders : Based on the response to Hurricane Katrina, what is the relationship between inefficiency and ethical behavior for leaders?
Three project goals and three project objectives : Describe at least three project goals and three project objectives. Describe a high-level timeline that includes key tasks and deadlines.
Knowledge about the global economy : Many companies use their brand as a competitive advantage. Given your knowledge about the global economy,
About the organizational behavior : In this discussion question you have the opportunity to be creative and to relate what you have learned to your professional lives.

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.

  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!

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