Increase capacity by adding new machine

Assignment Help Operation Management
Reference no: EM131438299

Fabricators Inc. wants to increase capacity by adding a new machine. Current sales volume is 50,000 units per year. The fixed costs for the machine are $150,000 and its variable cost is $2 per unit. The revenue is $6 per unit. The break-even point for the new machine is

Reference no: EM131438299

Questions Cloud

How much fertilizer should be added per pot : A greenhouse manager is growing house plants in 1.0 kg soil/pot and wishes to use a 10-5-5 fertilizer to mix uniformly into the soil to result in 15 ppm N in the soil. Show all calculations for full credit. How much N should be added per pot? How muc..
Identify given variables in the excel file and explain why : Identify each of the variables in the Excel file Credit Approval Decisions as categorical, ordinal, interval, or ratio and explain why.
Use social learning theory learning theory : You have been asked by your boss to design a two-hour training program on harassment for a group of predominantly millennials. Your are told to use Social Learning Theory (SLT) learning theory.
The upper and lower control limits for the range chart : A company that produces ready-mix concrete in 50 lb bags uses SPC to study variation. They have taken thirty-five random samples, with 7 bags in each sample, weighing each bag. The results are: Overall mean = 51.75 lbs; Average range = 1.78 lbs. The ..
Increase capacity by adding new machine : Fabricators Inc. wants to increase capacity by adding a new machine. Current sales volume is 50,000 units per year. The fixed costs for the machine are $150,000 and its variable cost is $2 per unit. The revenue is $6 per unit. The break-even point fo..
Difference between speaking on behalf of the company : Generally, what is the difference between speaking "on behalf of the Company" and speaking "about" the Company? The policy states that "These Social Media Principles should guide your participation in social media, both personally as well as when you..
Business problems are basically information problems : Business problems are basically information problems because if a company had all the necessary information, it could solve the problems. Using the CSU Online Library, explore the topic of how research is conducted in organizations to address problem..
Describe your framework and justify the critical elements : Drawing on a wide range of literature on innovation develop a framework that you could use to assess an organisation in terms of innovation. Describe your framework and justify the critical elements (with reference to the literature)
Process of installing its first big data system : Your company is in the process of installing its first "big data" system. Discuss how you would ensure that the traditional challenges of integration- access to and retrevial of data, lack of sufficent analytical skills with the firm, and issues rela..

Reviews

Write a Review

Operation Management Questions & Answers

  Planning a benefits program to predict

Analyze the components of designing and planning a benefits program to predict what additional issues will need to come into consideration over the next 10 to 20 years. Provide your rationale.

  Familiarize yourself with the different types of software

Familiarize yourself with the different types of software available to help with project management. Identify two that can be used for projects with high levels of complexity. Identify two that can be used for projects with low levels of complexity. ..

  Understanding culture in global business dealings

Write a page on how you would promote a brand in a foreign country. Be sure to address cultural variances and advertising opportunities, social networking, and avoidance of blunders. Address the following elements: Describe the importance of understa..

  Letter of credit in favor of comdata network

First Interstate Bank issued a letter of credit in favor of Comdata Network. Comdata is engaged is money transfer service. It provides money to truckers on the road by way of cash advances through form checks written by truckers. When Comdata enters ..

  Should estimator attempt to guarantee cost or satisfaction

How does project management differ when the client is a state or federal agency? Should an estimator attempt to guarantee cost or satisfaction? Why or why not?

  Explain seven cultural variables in communication process

Cable channels such as Lifetime and Spike TV each target a specific market segment. Identify another product marketed to a distinct target market. Explain the seven cultural variables in the communication process?

  The larger framework of managing diversity in organizations

If you were a diversity educator, how would you frame the importance of understanding and abiding by the legal dimensions of diversity within the larger framework of managing diversity in organizations

  Measurement scale for the dependent variables

Identify the independent and dependent variables (and the measurement scale for the dependent variables) Indicate the levels of the independent variables and their attributes (between- or within-subjects; manipulated or subject; if manipulated, situa..

  The organization is applying the principles of quality

Provide examples of consumers, external customers and internal customers, and ways in which their expectations can be met or exceeded. Do you feel the organization is applying the principles of quality? Why or why not? Respond to at least two of y..

  How many shafts can the process turn out before

Specifications are 15.0 to 15.2 centimeters. A three sigma cushion is set at each end to minimize the risk of output outside of the specifications. How many shafts can the process turn out before tool replacement becomes necessary?

  Concept of right and wrong in relation to different cultures

Discuss the concept of "right and wrong" in relation to different cultures. Discuss a cultural practice that is acceptable in one group, that might be condemned by another.

  Working on the crm implementation

George is working on the CRM implementation and 2 other smaller projects. His hours look okay when Ben first looks at them. However, when Ben adds up George's hours for the past month across all 3 projects,

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