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two students decide to open their own copy-service business. the annual fixed cost is $54,000 and the average variable cost for each copy sold is $.08. they expect to sell each copy at $.12 per copy.
a) draw the break even chart and indicate all the relevant costs.
b) what is the break even point in dollars?
c) after their first year in operation in which they generated $155,000 in revenues they decide to pay each other $14,000 per year in salaries. What do their annual sales have to be in the second yuear if they want to make the same amount of profit as they did in their first year?
From the e-Activity, as well as the video, examine the effect Wal-Mart has had on other businesses. Support your response.
Employees at Foxconn factories described in the e-Activity worked more hours than allowed under Chinese labor laws. Yet the violation of these standards is widespread in manufacturing
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A small building contractor has recently experienced two successive years in which work opportunities exceeded the firm's capacity. The contractor must now make a decision on capacity for next year.
Why is basic instruction valuable? When should it be used?
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The average arrival rate is 12 students per hour also the average service rate is 20 students per hour. Illustrate what is the utilization factor.
Both Juran and Deming advocated ongoing product development. In fact, Deming's introductory lecture to Japanese managers in 1950 contrasted the old way of product design-design it, make it, and try to sell it-with a new way. List three items in De..
A major producer of passenger tires has launched an advertisingcampaign in which it is trying to market windshield wipers to thepublic under its brand name, which has been highly successful inthe passenger tire market.
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For each corporation, determine if decision-making would be centralized or decentralized? provide a rational.
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