What volume of de- mand is necessary for the tiny to break

Assignment Help Operation Management
Reference no: EM131894957

Patricia Zell, a dollmaker from Olney, Maryland, is interested in the mass marketing and production of a ceramic doll of her own design called Tiny Trisha.

The initial investment required for plant and equip- ment is estimated at $25,000.

Labor and material costs are approximately $10 per doll. If the dolls can be sold for $50 each, what volume of de- mand is necessary for the Tiny Trisha doll to break even?

Reference no: EM131894957

Questions Cloud

Discuss any positive and negative effects of these changes : What are your thoughts on this? Discuss any positive and negative effects of these changes.
Analyze and diagram all arguments contained in the passage : First, the need for the arena is obvious. Once the evidence is examined it becomes clear that the existing arena is inadequate.
How much will pauls papers pay in total annual holding cost : Paul's Papers is a large distributor of paper used in copy machines and printers.
Find the average number of customers in the system : Paul Fenster owns and manages a Chili-dog and softdrink stand near the Kean U. campus. White Paul can service 24 customers per hour on the average.
What volume of de- mand is necessary for the tiny to break : Patricia Zell, a dollmaker from Olney, Maryland, is interested in the mass marketing and production of a ceramic doll of her own design called Tiny Trisha.
How a light bulb produce light : Why does passing an electric current through the metal filament of a light bulb produce light?
Explain the number of obligations and the time frame : Clearly explain the number of obligations, what is included in each, and the time frame over which the revenue would be recognized.
What is kellys six month accounting profit : What will Kelly's six month Economic Profit be when the legislation takes effect? What is Kelly's six month Accounting Profit?
Focus on measuring and rewarding performance : As more and more payers focus on measuring and rewarding performance, issues arise about how to use that process to motivate continuous quality improvement.

Reviews

Write a Review

Operation Management Questions & Answers

  What is the labor productivity per labor-hour

What is the labor productivity per labor-hour for these tires at Upton Manufacturing and what is the multifactor productivity for these tires at Upton Manufacturing?

  Calculate the productivity in sales revenue

As operations manager. you are concerned about being able to meet sales requirements in the coming months. You have just been given the following production report:

  Why are you for regional trading blocks

Why are you for regional trading blocks? Explain how regional trading blocs affect business at the local, country, and international level.

  Sources of learning curve experience can include

Sources of learning curve experience can include: Which of the following would you do if you needed the contractor to start work earlier than planned on a project and finish earlier than contractually agreed upon? The ''make or buy" decision is usual..

  Unlike spoken communication

Unlike spoken communication, there is a lasting _____________ to your written communication. Theory Y managers believe

  Enhance employee productivity and satisfaction in job

A person's drive and enthusiasm for an activity is called: Which of the following would not enhance an employee's productivity and satisfaction in a job? An employee's daily enjoyment and engagement in work comes least from:

  Create a waste elimiation plan

Do a lean waste analysis on the goal and create a waste elimiation plan. (List the seven forms of waste, list items in the goal by waste form, determine what could be done to reduce each waste form.

  Calculate the lot size on the basis of estimated values

The planning department estimates values of D, S and H to be 2400 units per year, $150-$2 per unit per year respectively. Calculate lot size on estimated values

  Project has been broken down into four iterations

You are the project manager for a project to add functionality to your company’s web site. The project has been broken down into four iterations (releases). Each of the iterations will take 20 days to complete at a cost of $20,000 per iteration.

  Disadvantages of a ban relative to the alternatives

A number of countries have either banned incandescent light bulbs already or have begun phasing out such lighting in favor of more fuel-efficient compact fluorescent bulbs. These restrictions are intended to promote energy conservation and therefore ..

  Define and explain the term strategic alliances

Define and explain the term Strategic Alliances? Why do firms enter strategic aliances?

  Workgroups often develop information systems solely

Workgroups often develop information systems solely for their own needs.

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