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Eric wants to start a car detailing business but is unsure how many cars he will need to detail before making a profit. His cousin has offered to let him use a small section of his shop for only $400 per month. Eric is going to pay his friend $10/hour to help him. He has estimated his additional expenses to be the following:
Insurance $150/month
His share of monthly utilities $110
Wax (will yield 10 cars) $16.00
Towels, soap, and other supplies $2.75/vehicle
Leasing of equipment $100/month
Marketing $125/month budgeted
He estimates that it will take him 4 hours to detail a vehicle if he has help from his friend.
He plans to charge $90 per vehicle.
Eric is now considering leaving his full-time job to grow his car detailing business but does not want to lose his salary. If he decides to pay himself $2000 per month how many cars does he have to detail in a month now to breakeven?
A company manufactures a product using two machine cells. Each cell has a design capacity of 250 units per day and an effective capacity of 230 units per day. At present, actual output averages 200 units per cell, but the manager estimates that produ..
For this first step, you find and document a model found in a segment of industry. You only need to find one. Actually, there are not that many different models to choose from, just the same ones with different names and terms.
Pick a coffee shop where customers order at the counter works well for this activity, but small restrauants, auto parts stores, hair salons, and many other businesses also work for this discussion.
(Leadership) Can voluntary programs be effective in controlling unethical or illegal activities in business? Does regulation work better? (Marketing) Select a product that has been introduced to the marketplace and failed. Discuss why you believe thi..
Determining potential methods of researching the issues, identifying the root causes of the issues, and determining the appropriate research instruments to collect data are all discussed. Examples are provided with the explanations.
Which of the following switching methods is faster?
Assume that a doctor’s medical staff membership and clinical privileges have been terminated by the hospital. Assume further that the doctor the doctor has sued the hospital for violation of due process of law.
Conduct a simulated counseling session with a person who has assumed developed a drinking habit that has caused his work to deteriorate drastically.
Layout choices must be closely tied to flow strategy. Which one of the following firms is most likely to select a flexible-flow layout.
There are a number of companies that utilize a global supply chain management strategy. Identify and research a company with a successful global supply chain management strategy and provide basic background information.
Describe any information that may help Alliance reduce costs while providing better service. Propose a new approach that could be used by Alliance by using the purchase information that can be obtained on individual customers.
A manufacturer of small plastic injection molded parts (caps, closures, fitments and pipettes) was experiencing static electricity problems during various steps in their molding and handling operations. The static caused the plastic parts to cling to..
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