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A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2000 per day, while two machines will result in a fixed cost of $3800 per day. Variable costs will be $20 per customer, and revenue will be $45 per customer.
A, Determine the break-even point for each range.B. If estimated demand is 90 to 120 customers per day, how many machines should be purchased?
In the Human Resources field we frequently use the saying hire hard manage easy.
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What is the difference between nonfinancial and financial controls? Is a financial control a behavioral or an outcome control?
the financial insttiations offer loans at 10% interest pa, which Ramjee has been negotiating. it has been observed that on an average the vehicle covers 400 km per day.
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