Calculate the break-even price

Assignment Help Operation Management
Reference no: EM131027784

Units sold $100.000 consumer promotions $1,800,000 unit cost $40 personal selling 5 salespeople @ $80,000 each target return on sales 10% dealer promotions $1,200,000 advertising $1,500,000 product development $700,000

1. Calculate the break-even price.

2. What would the selling price have to be to get the target return?

3. What other factors besides break-even should you consider before setting price?

Reference no: EM131027784

Questions Cloud

What are some of the effects of sleep deprivation : We can all agree that we feel our best when we get a good night's sleep. For most adults, between seven and eight hours of sleep a night is ideal. What are some of the effects of sleep deprivation
Prove the distributive law in f : Prove the distributive law in F , the field of quotients of D, where D is the ring of integers.
Assume that a college is planning on converting : Assume that a college is planning on converting all its preparatory courses into online courses. Identify at least 10 stakeholders who will be involved in some way in this change process. Create a stakeholder matrix that classifies the stakeholders i..
What message that the title of the code of conduct conveys : What is the overall message that the title of the code of conduct conveys? Does it reflect the purpose of the document to provide employee guidance on expected conduct
Calculate the break-even price : Units sold $100.000 consumer promotions $1,800,000 unit cost $40 personal selling 5 salespeople @ $80,000 each target return on sales 10% dealer promotions $1,200,000 advertising $1,500,000 product development $700,000. Calculate the break-even price..
Selling more effective than individual selling presentations : Trends in many industries have led to the development of team selling. What are the elements of effective group presentations? How is team selling more effective than individual selling presentations?
Predictions about the quality of the ads : Keep a diary of sorts of any TV shows you watch this week, or any movies you may go to or watch on TV including downloaded or rented or streamed, look for “Product placements”, when is an item displayed noticeably so that the brand of the item is obv..
Implications for the ability : If Kenny is correct, what are the implications of these facts for the ability of low-income countries to rapidly increase their rates of growth of real GDP per capita in the decades ahead? What are the implications for the ability of these countri..
Show that ac, ca, and a + b are nilpotent : Let R be a ring with the property that every element is either nilpotent or invertible. If a, b, c are in R with a and b nilpotent, show that ac, ca, and a + b are nilpotent.

Reviews

Write a Review

Operation Management Questions & Answers

  Importance of international trade and international exchange

Given the total volume and importance of international trade and international exchanges, describe the implications to someone's career in business and to your education in particular.

  Consider the concept of unity of command

Consider the concept of unity of command. How was this concept generally portrayed in classical organizational theory? How has this concept been altered in the modern organization? Be sure to cite specific examples.

  Use the hungarian method to obtain the optimal solution

Fowle Marketing Research has four project leaders available for assignment to three clients. Find the assignment of project leaders to clients that will minimize the total time to complete all projects. The estimated project completion times in days ..

  How could skype effectively bring its cellular phone

How could Skype effectively bring its cellular phone technology to other countries in ways that are compatible with the communication styles, policies, and practices of those nations.

  Payback analysis-average rate of return-net present value

Explain the concepts underlying (a) payback analysis, (b) average rate of return, (c) net present value, (d) internal rate of return, and (e) profitability indexes.

  Distinguish between pure and mixed strategies in production

Distinguish between pure and mixed strategies in production planning. Provide examples of each strategy.

  How many cases should be produced each day

Cases not sold during the day are sold to a food processing plant for $1 each, but cases can only be produced in the morning before the store opens. If you wish to maximize expected profit, how many cases should be produced each day?

  Eliminate dysfunctional conflict

How can a manager know when conflict is functional? How can conflict be managed to ensure that it remains functional? Do managers have a responsibility to ensure that conflict is functional or to eliminate dysfunctional conflict?

  Define what is truly best for the organization

Have you seen your organization make these mistakes. What were the mistakes. How could these mistakes have been avoided or improved upon

  Elements necessary to establish negligence cause of action

Identify the legal concept of negligence and discuss the elements necessary to establish a negligence cause of action. The elements are the duty, breach of duty, causation, proximate cause, and damages. Be sure to pay particular attention to the issu..

  What situations are appropriate to model using simulation

What situations are appropriate to model using simulation. What characteristics should a model have for simulation to be used?

  Estimating the process capability index

The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams). The output of the machine that fills the bar molds is approximately normal with a mean of 340 grams and a standard deviation of 1.5 grams..

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