Find the break-even point

Assignment Help Operation Management
Reference no: EM13969465

Gold Star Delicacies makes small-batch jams and jellies. Their workspace and equipment cost them $2600 per month in loans, and operating costs total an additional $700 per week. The variable cost per batch of jam in materials and labor is $350. Each batch can fill 200 bottles and each bottle can sell for $3.75. Find the break-even point for how many batches of jam they must sell in a month, assuming they sell all the bottles from each batch produced. What happens to the break-even point if 8% of the bottles from each batch are wasted and cannot be sold? What happens to the original break-even point if, instead, costs per batch go up by another $75

Reference no: EM13969465

Questions Cloud

Explain what ethical analysis you used to come to conclusion : You work for a grocery store and a new manager is hired to oversee your department. He comes into your department (the butcher shop) and explains to you that for the past 6 months, your department has been losing money for the store because of the wa..
Major new analytics initiative within an existing : If you are the founder of a new analytics company or the leader of a major new analytics initiative within an existing company, what business areas would you focus on, what types of goals would you define, what types of data would you collect, and wh..
Describe the three least useful capabilities in sas : Describe the three least useful capabilities in SAS. In addition, please recommend how each of these three least useful SAS capabilities could be improved.
Expected rates of return for different products : Gregory's company has ordered a large supply of paint, but the manufacturer says there is a possibility that the batch they received was defective. However, the company has no choice but to start filling orders, and they are trying to decide where th..
Find the break-even point : Gold Star Delicacies makes small-batch jams and jellies. Their workspace and equipment cost them $2600 per month in loans, and operating costs total an additional $700 per week. Find the break-even point for how many batches of jam they must sell in ..
Describe the procedure for setting a bid price : Describe the procedure for setting a bid price and explain the manager's objective in setting this bid price. How it is those two different firms often arrive at different values for the bid price?
Physician supply on quality of and access to care : Describe the training of physicians in the U.S. healthcare delivery system today. Consider the labor supply for this profession and the impact of changes in physician supply on quality of and access to care.
Annual preparations meeting with her staff of canvassers : Regina is chairperson of her city's United Fund campaign. In her annual preparations meeting with her staff of canvassers, she gives this advice: "Hit the business places first. Don't approach anyone who is walking alone in a hall or working alone in..
Healthcare delivery system-including primary care : Your lectures for this course have introduced the levels of patient care in our U.S. healthcare delivery system, including primary care, secondary care, and tertiary care. Discuss and provide some examples of secondary care.

Reviews

Write a Review

Operation Management Questions & Answers

  Discuss why psychology is important for us to understand

Deming's Profound Knowledge consists of four elements. Answer the following three parts relating to the psychology element of Deming's Profound Knowledge. Your discussion should reflect this element of Deming's Profound Knowledge and not psycholog..

  A flow chart showing all the steps below is in the process

A flow chart showing all the steps below is in the process - ordering a drink at our large pools customer wants drink  order to waitress

  Hired as a business analyst

You have been hired as a Business Analyst. The business needs charts and graphs created to show the yearly totals for sales, quality, and production. Given the following specifics describe how you would complete these tasks. A.The Vice President of S..

  Trade unions and multinational companies

"Trade Unions and Multinational Companies" Please respond to the following: Examine one (1) of the constraints that trade unions have placed on multinational companies. Propose two (2) possible actions that multinational companies can take in order t..

  Is there any hints of future strategies the companies

How are Coke and Pepsi using their Web sites to promote their newest product offerings? Is there any hints of future strategies the companies might implement? If so, where?

  Social networking sites make the behavior of employees

Many of the social networking sites make the behavior of employees much more visible. Discuss one or two implications social networking sites have for government employees. Provide examples to justify your response.

  Publicity concerning possibility of unsafe product

Your company has just received some bad publicity concerning the possibility of an unsafe product it makes and sells. Visit the Web site of a public relations firm. Decide from the information on the site whether you would (or would not) recommend to..

  What are some significant areas of overlap

What are some significant areas of overlap between the long-term and mental health care categories? Implications for providers of care, for the patients.

  How many boxes of each size should the banks design

The bank believes it wil need at least 350 total boxes, at least 80 of which should be large. IT hopes to maximize revenue for safety deposit boxes. How many boxes of each size should the banks design provide?

  Company to proceed with implementing its entry

How would you advise the company to proceed with implementing its entry into Africa? What options does Wal-Mart have on the table, and what option should be chosen?

  Which industry comes closest to exhibiting constant

Which industry (or industries) appears to exhibit decreasing returns to scale? (Ignore the issue of statistical significance).

  Describe an ethical dilemma and its importance and relevance

Analyze and recommend a strategy for communicating the policy to the organization in a manner that meets the needs of the audience.

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