Calculate the average cost

Assignment Help Operation Management
Reference no: EM1399596

Alyssas Custom cakes currently sells 4 birthday, 1 wedding and 2 specialty cakes each month for $55, $155, and $105 each, respectively. Alyssas current multifactor productivity ratio is 1.35.

Assuming each cakes costs the same to make, what is the average cost to produce a cake?

 

Reference no: EM1399596

Questions Cloud

What management or financial considerations to be considered : What would be their top first international market (country or region) possibility and why? What management or financial considerations would need to be considered?
Probability of stock market : Over the 48 years from 1950 through 1997, the stock market has gone up in the month of January for 31 times; it has gone up for the whole year for 36 times, and it has gone up both for the year and in January for 29 times.
Explain strongest of multiple intelligence : Perform online research regarding strongest of your multiple intelligences. If you recognized more than one intelligence, select one.
Types of decisions that do not involve uncertainty : Describe the types of decisions that do not involve uncertainty and risk and common approaches used for analyzying them.
Calculate the average cost : Alyssas Custom cakes currently sells 4 birthday, 1 wedding and 2 specialty cakes each month for $55, $155, and $105 each, respectively. Alyssas current multifactor productivity ratio is 1.35.
Explain reverence to the danger jolly had : Ira shops in a Jolly Mart store Induced by a display Ira takes an item to observe it and, when he is done, places it on the floor. Kris a consumer induced by the same display doesn't see the item on the floor trips over it
Problem of bayes analysis : Assume that a patient is believed to have one of two diseases, denoted by D1 and D2 with P(D1)=0.40 and P(D2)=0.60 and that medical research has determined the probability associated with each symptom that may accompany the diseases.
Weight loss from diet : When 40 people used the Weight Watchers diet for one year, their weight losses had a standard deviation of 4.9 lb (based on data from "Comparision of the Atkins, Ornish, Weight Watchers, abd Zone Diets for Weight Loss and Heart Disease Reduction, ..
Information about discrete distributions : Let X equal the number of "ones" if a fair dice is tossed two independent times by someone out in the hall. If X=x that person gives the player a bowl consisting of 10-3x red chips and 3x white chips.

Reviews

Write a Review

Operation Management Questions & Answers

  Evaluate avon''s operations in global markets regarding

Evaluate Avon's operations in global markets regarding the use of international cadre development also building organization associates also independent representatives.

  Compute forecasts for the remaining five months

The subsequent tabulations are actual sales of units for six months also a starting forecast in January.Compute forecasts for the remaining five months utilizing simple exponential smoothing with.

  Complete time requisite for each of five simulated

Using random numbers of 0.1567, 0.9823, 0.3419, and 0.5572 also 0.7758 complete time requisite d for each of five simulated maintenance checks of airplane's landing gear.

  Operations reflect each of those management strategies

Identify MNEs whose operations reflect each of those management strategies. Then discuss the ways in which organized labor can possibly affect (or has affected) their pursuit of those strategies.

  To reduce the current average time the trucks spend

Which alternative would you recommend if you want to reduce the current average time the trucks spend in the system, including service? Show answer.

  Management believes that they can increase the price

Management believes that they can increase the price per hour by 10 percent in this new situation and improve profits by 10 percent, but the sales department cautions that the price increase may decrease sales by 15 percent

  Sales promotion and relationship marketing strategies

At a recent seminar on managing the human resource function, you overheard two people speaking about the value of personal selling, sales promotion, and relationship marketing strategies.

  Illustrate what is supermarket as it is used in mrp

Illustrate what is "supermarket" as it is used in MRP. Elucidate how does it alter responsibility for dealing with lead-time offsets.

  You''ve taken a position with a consulting company

You've taken a position with a consulting company. You are trying to act like you are worth what the company pays you and maybe even what they bill the client for your work.

  Explain why ethical and cultural factors

Explain why ethical and cultural factors should be an important consideration in analyzing and choosing among alternative strategies

  Elucidate operations people return jobs to the us

Using that as a challenge, illustrate what can we as 'operations people' do to return jobs to the US, slow or even stop the outflow, make the US competitive again and sustain our organizations.

  What will be the average inventory of fuel

Jack thinks his holding cost per unit is 10%. If Jack orders at EOQ, what will be the average inventory of fuel in his 30,000 gallon tank?

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