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A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have been identified, and the associated costs and revenues have been estimated. Annual fixed costs would be $40,000 for A and $30,000 for B; variable costs per unit would be $10 for A and $11 for B; and revenue per unit would be $15. A. Determine each alternatives break-even point in units. B. At what volume of output would the two alternatives yield the same profit? C. If expected annual demand is 12,000 units, which alternative would yield the higher profit? Please show all work
Henry Goldstone, head of Human Resources for African Gold, Inc. in South Africa, examined the stack of newspaper and business magazine clippings on his desk. In the last few weeks
Which of the following in not an advantage of skimming pricing? A. It allows a manufacturer to quickly recover its research and development costs. B. It permits marketers to contro
1. Explain what Quinn refers to as the managerial 'classic trap' in strategy formulation. Answer: Quinn (1988) criticises those who see strategy formulation and implementation
How do organization predict the short and long- term future? Explain in detail how a downturn in the economy affects not-for- profit organizations, as opposed to for-profit ones.
An industrial engineer has obtained the following data in connection with a time study on the lines of the Hawthorne studies taking four different elements and five
Book Edition Company Book Edition Company produces very rare cover pages for history books. Reader habits change a lot and they change their mind a lot. The cover pages a
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Sales of music stands at Johnny Ho music store in Columbus, Ohio, over the past 10 weeks are shown in the table below. a) Forecast demand for each week, including week 10, using
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