Break-even point for philip fireworks store

Assignment Help Management Theories
Reference no: EM13967869

Philip Neilson owns a fireworks store. Philip's fixed costs are $12,000 a month, and each fireworks assortment he sells costs, on average, $8. The average selling price for an assortment is $25. What is the break-even point for Philip's fireworks store?

Reference no: EM13967869

Questions Cloud

Create the data section of your strategic plan : Create the data section of your strategic plan. Define what your data looks like, describe your data warehouse. Explain the results from data mining tools (what BI would come out of the process)
How much diversity can it obtain in the miso channel : It is suggested that full diversity gain can be achieved over a Rayleigh faded MISO channel by simply transmitting the same symbol at each of the transmit antennas simultaneously. Is this correct?
Customers waiting and the average waiting time : Monday mornings are unusually busy. During these peak times, Peri receives around 13 calls an hour, on average. Recalculate the average number of customers waiting and the average waiting time. What can you conclude?
Percentage of the time is clay busy : Clay runs a small hot dog stand in downtown Chapel Hill. Clay can serve about 30 customers an hour. During lunchtime, customers randomly arrive at the rate of 20 per hour. a. What percentage of the time is Clay busy?
Break-even point for philip fireworks store : Philip's fixed costs are $12,000 a month, and each fireworks assortment he sells costs, on average, $8. The average selling price for an assortment is $25. What is the break-even point for Philip's fireworks store?
How much of the inherent diversity gain can this scheme get : The optimal coherent receiver for repetition coding with L branches of diversity is a maximal ratio combiner. For implementation reasons, a simpler receiver one often builds is a selection combiner. It does detection based on the received signal a..
Master scheduling-mrp and drp : For example, what information might we share with our customers? Our suppliers? What information might we want from them to do master scheduling, MRP, and DRP effectively?
Integrate your knowledge about strategy : Integrate your knowledge about strategy and Smart Data. Do you believe that they complement each other? why or why not? What is the difference between a top down versus a bottom up strategy? why is it important to get top management buy in for import..
How much did the bag of grapefruit weight : Lynne bought a bag of grapefruit 1 5/8 pounds of apples and 2 3/16 pounds of bananas the total weight of her purchases was 7 1/2 pounds how much did the bag of grapefruit weight

Reviews

Write a Review

Management Theories Questions & Answers

  Discuss the death with dignity act passed in oregon

Discuss the Death with Dignity Act passed in Oregon.

  Relationship based on csr and interdependence with the ldc

What would be some recommendations for MNCs operating in less developed countries (LDC) to promote a mutually beneficial, long term, constructive relationship based on CSR and interdependence with the LDC?

  The mondragon cooperative corporation''s

Compare and contrast each of these principles with those of a successful, traditionally-organised, capitalist corporation of your choice and critically discuss the impact of each from an ethical perspective.

  Identify and apply oscm concepts

The purpose of this assignment is to identify and apply OSCM concepts/tools to solve problems in managing global supply chains.

  Demands that jet blue customers demonstrate

Give examples of needs, wants, and demands that JetBlue customers demonstrate

  Conduct research online regarding the role

Conduct research online regarding the role that strategic information systems (SIS) have in creating an organization's competitive strategy. Discuss specifically how the SIS integrates the organizational strategic vision and accomplishes a competitiv..

  Companies pay bonuses to failing performers

Review the article, "Management Without Consequences: 24% of Companies Pay Bonuses to Failing Performers." Compensation and benefits is a very important part of the strategic plan of an organization.

  Describe the guidelines for report writing

Describe the guidelines for report writing.

  Evaluate american express in terms of its competitors

Evaluate American Express in terms of its competitors. How well is it positioned? How has it changed over time? In what segments of its business does American Express face the most competition?

  Firm''s past financial ratio

A forecast balance sheet could be estimated based on a firm's past financial ratio.

  The remarks of various functional managers

How would examine if there is any merit in the remarks of various functional managers?

  Who are treated as persons disqualified by law

Who are treated as persons disqualified by law?

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