What is the payback for an automated voice-mail system

Assignment Help Microeconomics
Reference no: EM132164944

Question: What is the payback for an automated voice-mail system that will cost $25K to install and $300 per month to operate? It will save about 75% of the costs of a position that pays $12K per year. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132164944

Questions Cloud

Determine the payback period in months : A new soap press purchased by the Rub-a-Dub-Dub Soap Company costs $65K. Determine the payback period in months if the press can produce 120 gross of bars.
Determine the payback period for the new switchboard : The local hospital has just implemented a totally automated switchboard that cost $205,000 to install. The switchboard replaced four operators who were paid.
Discuss the key functions that will need to be performed : Discuss the key functions that will need to be performed in the prison. For example, the facility will need to provide medical care and meals for the inmates.
Determine the payback period for the plant : A new electric power generation plant is expected to cost $43,250,000 to complete. The revenues generated by the new plant are expected to be $3,875,000.
What is the payback for an automated voice-mail system : What is the payback for an automated voice-mail system that will cost $25K to install and $300 per month to operate? It will save about 75% of the costs.
How would a recruitment strategy for prison personnel differ : The article you reviewed was originally published in 2004 (also consider the publication dates of the other material you have read).
What is the payback period now : The voice-mail system will incur training and inefficiency costs of $2500 the first month, $1500 the second month, and $500 the third month.
What system will provide the greatest availability : What system will provide the greatest availability?
Describe the challenges such gangs present : Analyze how theories such as social disorganization and strain theory describe factors that lead juveniles to join such gangs.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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