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 has been their global competitive advantage, Select a company ...

Select a company of your choice. What has been their global competitive advantage (either successful or not)? If not, what would be your suggestion to this company if you were hire

Explain supportive organization, There are four critical success factors th...

There are four critical success factors that are important for effective risk management, supportive organization, comment people, appropriate methods, tools and techniques, and si

Low price and product features - operation strategy, Low Price and Product ...

Low Price and Product Features - Operation Strategy Low price  The ability of the operations system to satisfy the customers' requirements more cost-effectively (and by

Explain unobtrusive surveillance, What legitimates intruding into others li...

What legitimates intruding into others lives' through unobtrusive surveillance, through market research, or by whatever means?

Explain managers have satisfied when making these decisions, To what extent...

To what extent do you think Verwaayen and other top managers have satisfied when making these decisions?

Depict a layout for the assembly operation, Base on the case study: Weldon ...

Base on the case study: Weldon Hand Tools; Design a layout for the assembly operation (to include the fly press work) including the tasks to be performed at each part of the system

Explain inatrode produces computer chips, Inatrode produces 4750 computer c...

Inatrode produces 4750 computer chips per day. Each day, a sample of 375 chips is tested for a period of 96 operating hours each. During the test, 3 failed at 15 hours, 5 failed at

Explain project supply and materials budget, Case 11-3 Budget the topic for...

Case 11-3 Budget the topic for this week's assignment is taken from our text (INF336 2010, Mcgraw-Hill) and refers to the City of Granston Case 11-3 at the end of Chapter 11. Using

Design a web page for the business function, 1. Design a Web page for the b...

1. Design a Web page for the business function (e.g., ordering, human resources, courier service, inventory listing, etc.). The Web page will have at least the following HTML: a

The owners it person has alerted him to several problems, The graphic desig...

The graphic design shop where you work as the Account Manager is doing well. Just last year, the owner hired three new designers and a receptionist, bringing the total number of em

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