Work on annually for the company to break even

Assignment Help Operation Management
Reference no: EM132090961

EZ Consulting hires mid-level engineers for their consulting services. For every mid-level engineer they hire, they pay an annual base salary of $84,000 and for every project engineers average a $6000 bonus. For every contract the company wins, they budget $24000 in engineering work, a fifth of the overall project revenue.

A) How many projects would an engineer have to work on annually for the company to break even?

B) What would the company's total revenue be for this number of annual projects for one mid-level engineer's workload?

Reference no: EM132090961

Questions Cloud

Who do you believe to be the most influential composer : Who do you believe to be the most influential composer you have studied so far in this course? Why do you believe this?
Have you ever needed just the facts : At times a formal, objectively written approach is more appropriate or even critical for establishing credibility so that your audience will listen.
Organizational structure have on productivity : What impact does this organizational structure have on productivity, optimization of resources and profitability?
How would switching to a real-time database solution help : Choosing a database solution such as MongoDB would allow Falcon Security to store customer video footage in the same database as the metadata.
Work on annually for the company to break even : How many projects would an engineer have to work on annually for the company to break even?
How would you prioritize these experiences : How would you prioritize these experiences? Do any stand out as "deal breakers”? Why?
What concepts are crucial when recruiting team members : How will you ensure your selected successor does not leave the firm? What succession planning process will you use?
Design and create polygon model of a humanoid : MECO319 – Modelling and Animation - macquarie university - Design and create polygon model of a humanoid (2 legged) character using not more than 5000 polygons
Discuss the key components or aspects of cyber domain : A definition of the cyber domain and its key components or aspects. The cyber domain encompasses cybersecurity, a discipline that involves the following.

Reviews

Write a Review

Operation Management Questions & Answers

  Different estimation alternatives for information systems

After Reading the ethics guide, discuss the merits of different estimation alternatives for information systems projects. Discuss the ethical issues involved in each alternative. Cite any examples you might be aware of.

  Four strategic forces when it comes to office technology

How might IT trends relate to the four strategic forces when it comes to Office Technology? Select a company and provide two characteristics of one of their unique product designs. Explain how this product design is related to their business strategy..

  Circumstances that favor use of individual incentive plans

Describe the circumstances that favor the use of individual incentive plans.?

  Discuss the ethics of continuing to do business with firm

Assume you are a manager of a large heavy equipment manufacturing company.  Your company currently outsources the manufacturing of a specialized piece of equipment to a firm in another country. Discuss the ethics of continuing to do business with thi..

  Managing process flows-considers the average flow rates

In managing process flows, one considers the average flow rates and the average flow times, as well as the variability in the flow times and flow rates. Discuss the importance of managing variability in relation to managing the average?

  Ethical environment of business-antitrust and monopoly

Ethical Environment of Business: Antitrust & Monopoly. Use academic or legitimate news sources, such as The New York Times, the Los Angeles Times, The Washington Post, CNN, MSNBC, Fox News, etc. Consider an ethical issue faced by American businesses ..

  Concepts associated with corporate governance

The following are concepts associated with corporate governance except: The following are traditional committees of the Board of Directors except: Which of the following is NOT among the physiological responses to stress? Competitors, suppliers, cust..

  Emerging markets project-nature of the market

Emerging Markets Project. Select an emerging market that you would like to learn more about (Not your country of origin). Start by compiling fundamental country data, then do additional research to flesh out the nature of the market opportunity offer..

  Use qualitative and quantitative data research methods

identify the business problems and use qualitative and quantitative data research methods and support the argument.

  Compute number of machines required for fabrication process

The facility operates 10hrs/day. Considering personal fatigue and allowance, the facility effieciency is 80%. 900 non-deficitive parts per day need to be.

  Explain the concept of a process approach

Explain the concept of a process approach.

  What business-level strategies are these supermarkets

What business-level strategies are these supermarkets currently pursuing?

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