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The following table shows the critical factors in a company's decision on choosing a new piece of equipment. Calculate the breakeven volume and utilization for each option and then find the range of volumes for which each option is the best decision.
Machine A
Machine B
Fixed Costs/Month
$ 20,000.00
$ 10,000.00
Variable Cost/Unit
$ 3.90
$ 4.25
Revenue/Unit
$ 21.00
$ 19.00
Capacity/Month
2500
1000
Breakeven Volume
Breakeven Utilization
Best Option Volume Range:
min
max
How would you go about developing a risk matrix? Give an example of the kinds of factors that should be evaluated.
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Eight Glasses A Day: The EGAD Bottling Company has decided to introduce a new line of premium bottled water that will include several designer flavors. Marketing manager Georgia
Identify and describe the key factor(s) in effective project control.
Pick a product that you believe would be beneficial for line extension. Justify your choice and discuss the strategy you would adopt for the new product
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#question.Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X1+ X2 2 X1, X2 0.
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