How can a company expand its production

Assignment Help Business Economics
Reference no: EM13176327

A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 100,000 pages per day. One month ago, they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?

Reference no: EM13176327

Questions Cloud

Why is impact of increased production on fixed cost per unit : Prepare in good form a statement of cost of goods manufactured for the month ended April 30 th and determine whether the following exhibit variable, fixed or mixed cost behavior.
Does the forecast vary much from the actual data : Using the coeffficients found in the regression estimate, enter a formula based in cells C6 through J6 to forecast the sales revenue when quality control goes from $2million to $9million a year.
How to pay off twi debts in a single payment : our friend wants to pay off her two debts in a single payment. The first debt is $570 due in 8 months, and the second is $1,380 due 1 1/2 in years. What will that single payment be if she wants to make it at the end of 1 year given a compound inter..
Explain creative disruption and entrepreneurial culture : Discuss the impacts that entrepreneurship and creative disruption have on existing organizations and the workforce (i.e. machines replacing workers, new skills required due to technological innovation, etc.). Should entrepreneurs be concerned with..
How can a company expand its production : One month ago, they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
What quantity graphed versus time yields a straight line : what quantity graphed versus time yields a straight line for a zero-order reaction and what is the equation for the half life time. b) identify quantity versus time for a first order reaction and equation for half life.
Calculate the npv of the new machine : Calculate the NPV of the new machine and explain why it should be accepted or rejected. the companyplans to raise and invest £20,000,000
Calculate the number ofunits required tobreak even : Calculate the number ofunits required tobreak even. The finance manager has devised a number ofalternative plans to get the entity back into profitability
What is the real-nominal principle : How might the real-nominal principle influence your decision to either rent a house for $500 a month or purchase a similar house with a resulting $550 a month house payment for a 30 year fixed rate interest load?  Explain the difference in movemen..

Reviews

Write a Review

Business Economics Questions & Answers

  Jobs also fewer hours in up paid housework

In current decades, women have worked more hours in paid jobs also fewer hours in up paid housework.

  Standard supply and demand labour

In a standard supply and demand labour model, firms "demand" labour while workers "supply" labour. Let's think about a labour market that is in equilibrium, with a wage of $20 per hour and with 14 million individuals working out of a total of 16 mill..

  When the price of wheat rises

When the price of wheat rises, the quantity of when demanded falls, and when price of wheat falls, the quantity of wheat demanded rises. Therefore, the demand for wheat is not a horizontal line.”

  Market will respond to the new product

Explain how the market will respond to the new product. If demand is high, then it's worthwhile to make the extra investment for special facilities also equipment needed to produce the component internally.

  Which two nations has better prospects

Which of the two nations has better prospects for the future and why. Provide a reasoned opinion.

  How tax will increase goverment revenue

The legislature has stated that the $.03 tax will increase goverment revenue by $300,000 per month and raise the price of gasoline by $.03 per gallon. is this correct.

  Other people exploit the same opportunity

If other people exploit the same opportunity, what will happen to the cost in Thailand as well as in Malaysia.

  Illustrate what is his reservation wage

Assume he takes welfare and does not work. Illustrate what is his reservation wage. He will not lose his welfare if he works.4. Suppose he is working and receives no welfare.

  Explain how must government spending increase to eliminate

Explain how much must government spending increase to eliminate the GDP gap.

  Explain what happen if all workers and jobs were identical

Explain what happen if all workers and jobs were identical, there would be just one wage rate, assuming perfect information and costless mobility.

  Why do you think motorcycle makers did not adopt voluntary

Why do you think motorcycle makers did not adopt voluntary emissions standards? Should they have done so? Why or why not?

  Return for stock

Evaluate the U.S. nursing shortage in terms of demand and supply.

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