Define the break-even point for each range, Operation Management

Assignment Help:

A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2000 per day, while two machines will result in a fixed cost of $3800 per day. Variable costs will be $20 per customer, and revenue will be $45 per customer.

A. Determine the break-even point for each range.

B. If estimated demand is 90 to 120 customers per day, how many machines should be purchased?


Related Discussions:- Define the break-even point for each range

Explain the five elements of self-leadership, 1. Discuss the advantages and...

1. Discuss the advantages and disadvantages of the four reward objectives. 2. Identify several team and organizational level performance based rewards. 3. Describe five ways

Stepping stone method, what advantage and disadvantage stepping stone metho...

what advantage and disadvantage stepping stone method?

Explain following is an inequality or equation that expresse, Which of the ...

Which of the following is an inequality or equation that expresses a restriction in a mathematical model? Decision variable Parameter Objective function Constraint N

Primary and secondary activities in value chain analysis, What are the prim...

What are the primary or secondary activities in value chain analysis? Primary or secondary activities incur costs, but within combination along with other activities give custo

Explain differentiate between validity and reliability, Differentiate betwe...

Differentiate between validity and reliability of a selection test. In other words, provide definitions of (1) validity and (2) reliability of a test.

Explain information systems, Write an essay of between 750-1000 words, doub...

Write an essay of between 750-1000 words, double-spaced, on the topic of information systems being leveraged to create competitive advantage for the business. Use well-known indust

Discuss how various legal-political-economic system, Discuss how various le...

Discuss how various legal, political, economic, and cultural systems may affect the brokering of a relationship with international partners.

Why a project manager desires a work breakdown structure, A project manager...

A project manager desires a work breakdown structure that goes through 6 levels of detail. Level 3 through level 6 would most likely be prepared by: Answer Project sponsor

Operations improvement methods , PERFOMANCE IMPROVEMENT By categorizin...

PERFOMANCE IMPROVEMENT By categorizing radical and continuous process improvement methods, outline different operations improvement methods which you know a) Tanzania

Trade offs in the design of operations systems , Trade-Offs in the Design ...

Trade-Offs in the Design of Operations Systems  When contemplating a change in business strategy, it must be borne in mind that an operations system can be designed to do cer

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