Login

Create Account
+14156709189
info@expertsmind.com
Submit Homework/Assignment
Get quote & make Payment
Get Solution
one, Operation Research
Edwards Life Sciences is trying to decide if it should sell a new type of medical product. Fixed costs associated to the production of the product are estimated to be $30,000. The product will sell for $1,500 with variable cost of $1,000. The sales manager believes that sales will be normally distributed with an average of 100 annually, with a standard deviation of 35.
a) What is the breakeven point?
b) What is the probability of a loss?
c) What is the profit/loss when 120 units are sold?
d) How many units must be sold to earn a profit of $15,000?
e) What is the probability of a profit of $15,000 or more?
Posted Date: 1/8/2013 11:59:31 AM  Location : United States
Ask an Expert
Related Discussions:
one, Assignment Help, Ask Question on one, Get Answer, Expert's Help, one Discussions
Write discussion on one
Your posts are moderated
Write your message here..
Related Questions
Quantitative Technique for business, Davidson construction company is build...
Davidson construction company is building a luxury lakefront home in batangas coordination of the architech an sub contractors will require a major effort to meet the 44week (appr
Queuing theory, A certain type of machine breaks down at an average rate of...
A certain type of machine breaks down at an average rate of 5/hour. the break down is in accordance with Poisson process.cost of idle machine hour is $15/hour. 2 repairmen Peter an
Mba, in a rectangular game ,pay of matrix of player A is as follows
in a rectangular game ,pay of matrix of player A is as follows
Linear programming, Meaning of Linear programming problem and explanation o...
Meaning of Linear programming problem and explanation of graphical method of solving Linear Programming Problem
LPP using Simple method, Maximize Z= 3x1 + 2X2 Subject to the constraints: ...
Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1  X2 = 2 X1, X2 = 0
Optimization, Find a minimum cost spanning arborescence rooted,
Find a minimum cost spanning arborescence rooted,
Web based emergency operations center, You are the emergency manager for Ch...
You are the emergency manager for Cheyenne County in a western state. Cheyenne County is located midway between two major urban areas and has historically been a rural county. The
Case study and statistical methods, Case Study Methods: It is studying the...
Case Study Methods: It is studying the phenomenon event situation or development through a thorough and detailed analysis or intensive study. The case may be an individual a gr
Simplex, Maximize Z = 2x  7y subject 2x + 3y = 3 4x + 5y >= 10 6x + 7y 4...
Maximize Z = 2x  7y subject 2x + 3y = 3 4x + 5y >= 10 6x + 7y 4x + 8y >= 5
Model building is the essence of the operations research app, Model buildin...
Model building is the essence of the operations research approaches?
Assignment Help
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
ExpertsMind Services
Online Tutoring
Projects Assistance
Exam Preparation
Coursework Help
Programming Courses
Engineering Courses
Why Us ?
~Experienced Tutors
~24x7 hrs Support
~Plagiarism Free
~Quality of Work
~Time on Delivery
~Privacy of Work