Variable costs relevant and fixed costs

Assignment Help Business Economics
Reference no: EM13770693

Outperformance, Inc is bankrupt so we need to find a new company to discuss for this week (sign of the times!). Let's try Zilliant. After reviewing the website and reading about the company's products and successes, answer the following:

Why would a company change its product mix rather than just produce and sell more of everything?

How do you think Outperformance software determines how to change the product mix to generate more profits?

How do you think the software determines how much profit could be made by solving specific production problems?

Also:

Are variable costs relevant and fixed costs are irrelevant for relevant decision making? Why? Give an illustration to support your response.

Reference no: EM13770693

Questions Cloud

Assignment on financial statement analysis : Select one (1) of the following publically traded health care organizations: Universal Health Services (NYSE: UHS) or Health Management Associates (NYSE: HMA).
Money into a still-choked financial system : The New Zealand dollar pushed toward U.S.55c yesterday as the greenback was dumped on a surprise U.S. Federal Reserve initiative to pump more money into a still-choked financial system.
Anthropometric principle-related to an environmental issue : locate a recent peer reviewed article (preferably less than five years old and at least five pages long) related to an environmental issue.
Elements of the strategic management process : What are the elements of the strategic management process? How are these interrelated? According to the I/O mode, what should a firm do to earn above-average returns? What does the resource-based model suggest a firm do to earn above-average returns?
Variable costs relevant and fixed costs : Why would a company change its product mix rather than just produce and sell more of everything? How do you think Outperformance software determines how to change the product mix to generate more profits?
Identify the issue that is addressed in the argument : Identify the issue that is addressed in the argument. Explain the argument and identify the premises and conclusions. Evaluate the argument.
Using financial ratios to assess organizational performance : Using the financial statements from your selected health care organization in Assignment 1, develop a financial plan for the next three (3) years.
Understand the two components of the demand for money : Understand why depositing cash on a checking account does not affect money supply immediately. Understand why when a commercial bank buys government securities from its clients, new money is being created? Understand why when Fed buys government secu..
How measurement connected to ratio in real-world experiences : What are some pre-reading, reading, and post-reading activities you could use along with social studies content? How is measurement connected to ratio and proportion in real-world experiences? Discuss.

Reviews

Write a Review

Business Economics Questions & Answers

  Gdp deflator do a better job than the cpi

Does the GDP deflator do a better job than the CPI in measuring the cost of living

  Determine the strategy that each firm should choose

In the absence of a binding and enforceable agreement, determine the dominant strategy for AMC. c. Determine the dominant strategy for SAMI. d. If the two firms can enter into a binding and enforceable agreement, determine the strategy that each fi..

  Stock portfolio exactly offsets the amount of extra taxes

Does Ike feel emotionally neutral since the dollar value of the gain in his stock portfolio exactly offsets the amount of extra taxes he has to pay

  How would you conclusion change for the winter months

How would you conclusion change for the winter months, if bad weather makes it likely for traffic jams on the highway to increase to 6 days per month?

  What would this do to circular flow of income and spending

Say y store it as cash in a mayonnaise jar in kitchen cabinet. What would this do to circular flow of income and spending. How would businesses react to household hoarding.

  Us supreme court justice stephen breyers book breaking the

u.s. supreme court justice stephen breyers book breaking the vicious circle toward effective risk regulation 1993

  What happens to your marginal utility as you buy your third

A site becomes wildly successful in the United States, and you decide to export overseas. Answer the following:

  Investors seek unlimited access to investment consultants

These investors seek unlimited access to investment consultants and are willing to pay up to $10,000 annually for no fee-based transactions.

  What is the price elasticity of demand for gelato

A street vendor reduces the price of gelato from $3.50 to $2.75, the number of gelatos sold per day rises from 600 to 750. What is the price elasticity of demand for gelato?

  Example of multiple equilibria in the labour market

Elucidate using the example of multiple equilibria in the labour market. Illustrate diagrammatically

  Georges interest rate on his credit card

George is going to replace his car in 3 years when he graduates, but now he needs a radiator repair. The local shop has a used radiator, which will be guaranteed for 2 years, or they can install a new one, which is "guaranteed for as long as you own ..

  Digital imaging equipment annual payments

A hospital bought digital imaging equipment annual payments of $243,000 per year over 8 years. if the interest rate is 13% what will the total amount paid for the equipment be at the end of the eighth year?

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