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two students decide to open their own copy-service business. the annual fixed cost is $54,000 and the average variable cost for each copy sold is $.08. they expect to sell each copy at $.12 per copy.
a) draw the break even chart and indicate all the relevant costs.
b) what is the break even point in dollars?
c) after their first year in operation in which they generated $155,000 in revenues they decide to pay each other $14,000 per year in salaries. What do their annual sales have to be in the second yuear if they want to make the same amount of profit as they did in their first year?
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..
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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 of DVD players. Determine the appropriate reorder point.
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Ccompare the effectiveness of different leadership styles in different organizations
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