Compute what will be total bid price, Operation Management

Assignment Help:

Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to produce the slides for an 8 session class. From previous experience, you know that your firm follows an 85 percent learning rate. For this contract it appears the effort will be substantial, running 50 hours for the first session. Your firm bills ate rate $100/hour and the overhead is expected to run a fixed $600 per session. The customer will pay you a flat rate per rate per session. If your nominal profit margin is 20 percent, what will be total bid price, the per session price, and at what session will you break even?


Related Discussions:- Compute what will be total bid price

Explain what the best collaboration tools, For firms that have multiple loc...

For firms that have multiple locations that would like their professionals from different teams to be able to collaborate efficiently, how would you determine what the best collabo

Explain steps in the supply process, Examine the steps of the supply proces...

Examine the steps of the supply process in Chapter 4 of the text and identify a project where improvements could be made in one or more of the steps. Would the project have been mo

Explain how cpm handle the trade-offs between time and cost, Giving example...

Giving examples, how does CPM handle the trade-offs between time and cost in the scheduling of a project.

Explain uninformed aspiring international business executive, Our Internati...

Our International Management text cites in Reading 1.2 that:"U.S Management theories contain a number of idiosyncrasies not necessarily shared by management elsewhere" and then pro

Explain delivered weekly freestanding ads, How your local newspaper would b...

How your local newspaper would be affected if local supermarkets switched to weekly advertising and instead used a service that delivered weekly freestanding ads directly to each h

DISCUSSION, Has the growth of self-directed teams to manage work in organi...

Has the growth of self-directed teams to manage work in organizations changed the need for strategic, tactical, and operational decision making in business? Explain why or why not

Operations Theories., Choose an Operations Management problem relating to a...

Choose an Operations Management problem relating to an organisation of your choice and undertake a critical review.

Describe why is it vital to pay more attention to firms roe, Explain why is...

Explain why is it important to pay more attention to the firm's ROE if you are the firm's shareholder (investor) and explain how to use the DuPont equation to see how the ROE can b

Defend your choice and discuss the strategy, Pick a product that you believ...

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

Define what rrmc should do to counter its image, Describe what RRMC should ...

Describe what RRMC should do to counter its image problem in the community because of its decision to close the Women's Pavilion.

Write Your Message!

Captcha
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