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A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25 and bar stools $20 Fixed cost for the firm is $200 a. if the sales mix is 1:1 one chair sold for every bar stool sold what is the breakeven point in dollars of sales? Units? b. if the sales mix changes to 1:4 one chair sold for every four bar stools sold what is the breakeven point in dollars of sales? In units of chairs and bar stools?
Many writers have stated that effective objectives should be- A. Broad - to cover many dimensions of the business B. Measurable - to track progress C. Unachievable - to in
Why it is important for marketers to fully understand today's consumer behaviour? Explain the factors that influence consumer's buying behaviour.
Systembolaget uses forecasting to predict the number of bottles they think they will sell the next day. Below are the number of bottles sold each day during the five-day work week
The director of social services of a county has learned that the state has mandated additional information requirements. This will place an additional burden on the agency. The dir
what do you mean by "line balancing''? what happens if balance doesn''t exist?
Weekly sales of rye bread at the corner store are shown below. Using this data, forecast Week 7 using a six-week moving average. Week Sales 1 415 2 389 3 420 4 382 5
A department employs 3 types of workers: laborers earning $5 per hour, machine operators earning $9 per hour and maintenance workers earning $16 per hour. For a certain job over 2
Stephanie the CEO of XYZ Inc., is trying to increase the level of effort and therefore performance in her company. Based on expectancy theory on motivation she knows that effort do
What are the disadvantages of using single sourcing strategies? Disadvantages of using single sourcing strategies: a. Could merely one single supplier into the industry
Choosing which processes are core to a firm's competitive postition is a key strategic decision. For example, Nike, a popular sports shoe company, focuses on the customer relations
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