Find the number of books JRB must sell to break even

Assignment Help Operation Management

Reference no: EM132186431

1. Select one Law of the Fifth Discipline that you are not going to discuss in your assignment for this week, define the law, describe how you have experienced this law at work and discuss what you have learned from this law.

2. Dr. John R. Brown is considering a publishing company under the name JRB Publishers. JRB’s estimated costs are

Fixed Cost $60,000

Variable Cost/book $20

Selling price/book $30

In addition to the above costs, Dr. Brown wants to pay himself $40,000 for his time.

a) Find the number of books JRB must sell to break even.

b) If the estimated demand for the book is 1500 copies, what is the expected profit (loss) of JRB?

Reference no: EM132186431

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