Production level problem, Marketing Management

Assignment Help:

The popular Chiltern hotel operates a restaurant which makes its own food on the premises. The costs for the current production level of 500 meals are:

Cost/meal (Rs)
Materials/Inputs        25.00
Labour                      12.50
Variable overheads  17.50
Fixed overheads       35.00
Total costs                90.00

Ready-made meals could be bought in for Rs 77.50 per meal and, if so, the production capacity utilized at present would be unused.

Required:

Consider that there are no overriding technical considerations, should the restaurant order ready-made meals or makes its own food?


Related Discussions:- Production level problem

Use of array in assembly language, Q. Use of array in assembly language? ...

Q. Use of array in assembly language? Let's write a program to add two 5-byte numbers stored in an array. For illustration two numbers in hex can be: Let's also presu

Electronic marketing, what are ten rules of E-Marketing and what are The th...

what are ten rules of E-Marketing and what are The three main driving force Business pressures,Organizational responses & The role of Information Technology (including electronic c

Shoppers -Caselet 1, How should Shoppers? Stop develop its demand forecasts...

How should Shoppers? Stop develop its demand forecasts?

State the term- public relations, State the term- Public Relations Pub...

State the term- Public Relations Public relations is 'the art and social science of analysing trends, predicting their consequences, counselling organisations' leadership and

New products development process, New products development process: Id...

New products development process: Idea generation: the development of the new product starts with a generation of new ideas. There may be a number of sources of the ideas gen

Illustrations of intangible satisfactions, Illustrations of intangible sati...

Illustrations of intangible satisfactions Illustrations of intangible satisfactions can be seen in social and psychological transactions involved increasingly with the work of

Describe the distribution channel, Problem 1: Using examples and illust...

Problem 1: Using examples and illustrations, elaborate on the stages of business buying process and its influences. Problem 2: (i). Describe the distribution channel.

The Fabrication and Baking Industries Ltd, Detail the full impact on the to...

Detail the full impact on the total business of The FBI due to the losses in the process in Inspection and Final Test.

Marketing communication , 1. You have been asked to develop a DRTV campaign...

1. You have been asked to develop a DRTV campaign for a product. Choose a specific product in the market today for illustration. a. What would you want to know about the produc

Illustrate the overview of trade advertisement, Illustrate the overview of ...

Illustrate the overview of Trade Advertisement? Trade Advertisement: • Advertisement addressed to wholesalers, • Advertisement addressed to distributors, agents, •

Write Your Message!

Captcha
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