New plant to absorb the backlog of demand that now exists

Assignment Help Operation Management
Reference no: EM131414807

A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $9,200 per month and variable costs of 70 cents per unit produced. Each item is sold to retailers at a price that averages 90 cents. Explain and please provide the excel formulas. a) What volume per month is required to break even? b) What profit would be realized on a monthly volume of 61,000 units? 87,000 units? c) What volume is needed to obtain a profit of $16,000 per month? d) What volume is needed to provide a revenue of $23,000 per month? e) Plot the total cost and total revenue lines.

Reference no: EM131414807

Identify all outstanding security interests in the aircraft

You are in the market to buy an aircraft and have identified one that appears that it would meet your needs and is in your price range. determine who owns the aircraft, identi

How exactly ARP facilitates the communications

Moe and Jennifer want you to explain step by step what occurs when a host wants to send a message. Discuss where ARP fits in and how exactly ARP facilitates the communications

What is the numeric value of the marginal loss

A firm makes three products X1, X2 and X3 with two inputs. What is the firm’s willingness to pay for another unit of input 1? another unit of input 2? What is the numeric valu

Determine the amount of investments michael

Formulate a linear programming model that can be used to determine the amount of investments Michael should allocate to each type of fund to maximize the total annual return

What is champions scrap efficiency

Champion Cooling Co. locates a scrap metal dealer that is willing to pay 33 cents a pound for all scrap copper so they sign an exclusive contract with that firm. Champion repo

What are your communication strengths and weaknesses

How do (or will) you use critical thinking in decision-making and problem-solving as a professional in a healthcare environment? What are the three most important elemen

Potential ability of one person in organization to influence

Daft text defines power as “the potential ability of one person in an organization to influence other people to bring about desired outcomes” (Daft, 2015, p. 369). Does power

Encountering a very high non-response rate

Imagine you are doing a telephone survey of Latino families in California regarding health care needs and coverage for a government commission. You are encountering a very hig

Reviews

Write a Review

 
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