What should be the process of the new item

Assignment Help Operation Management
Reference no: EM13842763

A restaurant is condering adding fresh brook trout to its menu. Customers would have the choice of catching their own trout from a simulated mountain stream of simply asking the waiter to net the trout for them. Operating the steam would require $11,475 in fixed costs per year. Variable costs are estimated to be $6.80 per trout. The firm wants to breakeven if 900 trout dinners are sold per year.

What should be the process of the new item? $__ (enter your response rounded to the nearest penny.)

Reference no: EM13842763

Questions Cloud

American popular culture : Students will be developing an Annotated Bibliography Table based on a subtopic in American Popular culture that is of interest to them. A minimum of 3 peer-reviewed sources and 4 popular and/or open-web sources will need to be used in the bibliog..
Current multifactor productivity ratio : Alyssa's Custom Cakes currently sells 5 birthday, 2 wedding, and 3 specialty cakes each month for $45, $155, and $105 each, respectively. Alyssa's current multifactor productivity ratio is 1.25. assuming each cake costs the same to make, the average ..
What are the terms of the tender : How serious is the competition? Will this project be easy to win? Is there a reason to take on the project simply to deny the competition work? How many firms will bid; and what is the likelihood of winning?
What is the break-even quantity beyond : Spartan Castings must implement a manufacturing process that reduces the amount of particulates emitted into the atmosphere. Two processes have been identified that provide the same level of particulate reduction. What is the break-even quantity beyo..
What should be the process of the new item : A restaurant is condering adding fresh brook trout to its menu. Customers would have the choice of catching their own trout from a simulated mountain stream of simply asking the waiter to net the trout for them. Operating the steam would require $11,..
Review the threading : Threading. A considerable amount of time was spent trying to get threading to work properly. Initial designs included a thread called Turn, which would call a subsequent thread for performing communication actions with the LAMP server. Unable to..
Design a class to represent a bank account : Design a class to represent a bank account. Create a class Account that stores customer name, account number and type of account. From this derive the classes Curr-acct and Sav-acct to make them more specific to their requirements
Differences between cobit and the iso : In 500 words or less, explain the most important differences between COBIT and the ISO 27000 series in relation to information security
What did the new england colonies produce? : What did the New England Colonies produce?

Reviews

Write a Review

 

Operation Management Questions & Answers

  About horse care-nutrition and riding

Sapphire Farm is a business that trains and boards horses and educates young riders about horse care, nutrition, and riding. The farm provides both a learning and a fun environment for young equestrians and their families. If the farm unintentionally..

  Calculate the expected duration and variance of activity

You have been asked to develop a system for evaluating the productivity of the 15 lawyers in the office and what difficulties are you going to have in doing this, and how are you going to overcome them?

  Find out the break-even point for each range

Find out the break-even point for each range. If estimated Demand is 90 to 120 customers per day, elucidate how many machines should be purchased.

  Reengineering exercise 62pre- and post- examination

exercise 6.2 ltbrgt ltbrgtpre- and post- examination processing of patients in an outpatient clinic involves various

  Conduct a vrio analysis of a successful firm relative

Conduct a VRIO analysis of a successful firm relative to one of it's rivals. Contrat the value, rarity, imitabilty, and organizational aspects of its tangible and intangible

  Planning and goals are important part of any undertaking

Planning and goals are an important part of any undertaking. Who do you feel they should be including in business planning and why

  Outline leader can take to effectively communicate a vision

Post a leadership strategy for translating a vision into organizational success. Outline the steps a leader can take to effectively communicate a vision, get others within the organization to adopt it as their own, translate that vision into measu..

  Diversity of a group affect its performance

What are group norms, and what role do they play in behaviour and cohesiveness of the group? How does the diversity of a group affect its performance?

  Develop a supply chain infrastructure

What approaches can be taken to develop a supply chain infrastructure that provide and accurate view of overall channel performance?

  Number of various logistics reports and recommendations

The CEO expects you to be providing a number of various logistics reports and recommendations to her. She has asked you to prepare a chart on 1-2 pages of frequently used logistics techniques. To demonstrate your understanding of the breadth and d..

  The four vs of operations management

For this assignment you will need to select and research an organisation and a specific product or service that it provides. You will conduct an analysis of the product/service in terms of the four Vs of operations management.

  Create a poisson histogram in the range

Create a poisson histogram in the range from zero to nine arrivals per hour for a distribution with mean of 4 arrivals per hour. Is your distribution symetrical about the mean?

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