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An electronics firm is currently manufacturing an item that has a variable cost of $.50 per unit and a selling price of $1.00 per unit. Fixed costs are $14,000 per month. Current demand volume is 360,000 units per year. The firm can substantially improve the product quality by adding a new piece of equipment at an additional monthly fixed cost of $6,000. Variable cost would also increase to $.60 per unit, but annual demand volume is also expected to jump to 600,000 units due to the improved product quality. a. Based on the above information, determine whether the addition of the new equipment is a profitable proposition for the company. b. What is the minimum unit price that would render profitable the addition of the new equipment? Demonstrate clearly all the calculations that support your answers to the above questions.
Describe the concept of the change management process within a project. Provide two specific reasons why having a structured change management
The branch manager wants to improve the service and suggests dispatching buses every 0.5 minutes. She argues that this will reduce the average traveling time (a round trip) to 2.5 minutes . Is she correct? If your answer is negative, then what wil..
First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 12,500 pages of documents.
Edwards Engineering has a new injection system for your countertop production line. Your process engineering department has conducted experiments and determined that the mean is 8.01 grams with a standard deviation of 0.03.
Describe how you will use your distance learning unit and how that use will complement your traditional training program. Explain how you will present material to the trainees.
How do MNC managers manage conflict? Compare or contrast managing conflict resolutions using the instrumental-oriented conflict approach and the expressive-oriented conflict approach.
Do a search on your case study country and provide a discussion of the country's trade policy and what are the best arguments for trade restrictions? What are the worst?
Give your assessment of the requirements for Cuba to develop a free and independent trade union. Determine if it is essential for a free society.
Frank Hurley is the farmer with 250 acres on which he wishes to plant wheat and corn to maximize his expected return for season. Based upon the output, what key points would you recommend to Frank?
What is the probability that the "BX" tire will last beyond 46,000 miles? Unrelated to part a. Goodstone Tire Company manufactures the "BX" Tire that has an expected life that is exponentially distributed with a mean of 35,000 miles
A robotics industry has hired a consultant to help apply advanced manufacturing techniques to increase profits.
A security analyst is forecasting dividends for Boston Electric over the next four years, as follows: $1 (Y1), $1.50 (Y2); $2.00 (Y3); $2.75 (Y4). In addition, the analyst expects that the stock could be sold for $62.25 four years from now.
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