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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 $2,000 per day, while two machines will result in a fixed cost of $3, 800 per day. Variable costs will be $20 per customer, and revenue will be $45 per customer.
Determine the break-even point for each range.
If estimated demand is 90 to 120 customers per day, how many machines should be purchased?
If the lot size is 3000, the sample size of 140, and the probability of accepting the lot is 0.798. What is the ATI for this quality level shipment?
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You buy tow hitch balls in large lots for the tow tractors you manufacture. You estimate that it costs you approximately 20% of cost to store a ball for a year.
Suppose that Tin Company contracts to provide several manufacturers with tin. If a carte of tin-producing countries embargoes future shipments of tin to Tin Company so that Tin Company cannot fulfill its contractual obligations,
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Sales of music stands at Johnny Ho's music store in Columbus Ohio, over the past 10 weeks are shown in the table below.
Assume you are the marketing manager of an up-and-coming firm that sells surfboards. What data do you need from Accounting and Finance and Supply Chain Management to do your job?
How are each of the following issues addressed in the organization? Do you have any suggestions for improvements? Restrictive covenants such as non-competition, non-solicitation provision
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The Surest Concrete Company produces concrete in a continuous process. Two ingredients in the concrete are sand which Surest purchases for $6 per ton and, and gravel, which costs $8 per ton. Sand and gravel together must make up exactly seventy-five ..
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