Give typing answer with explanation and conclusion manufacturing company is considering producing a new product. The variable cost of the new product is $60 per unit, and the total fixed costs are $75,000 for a month. The company could produce 1500 units per month, and sell the product for $125 each. What unit sales would result in a net income of $16,000?
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Give typing answer with explanation and conclusion
manufacturing company is considering producing a new product. The variable cost of the new product is $60 per unit, and the total fixed costs are $75,000 for a month. The company could produce 1500 units per month, and sell the product for $125 each. What unit sales would result in a net income of $16,000?
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- Operation Research UPVOTE WILL BE GIVEN. Please answer in typewritten form. Please write a detailed solution and put some comments/explanations. Do not copy answers from Chegg or here in bartleby. A company produces two products, A and B. The sales volume for A is at least 80% of the total sales of both A and B. However, the company cannot sell more than 100 units of A per day. Both products use one raw material, of which the maximum daily availability is 240 lb. The usage rates of the raw material are 2 lb per unit of A and 4 lb per unit of B. The profit units for A and B are $20 and $50, respectively. Determine the optimal product mix for the company.The operations manager for an auto supply company is evaluating the potential purchase of a new machine for the production of a transmission component. Current manufacturing costs are fixed costs of $11,000 and a variable cost of $0.50 per unit. The new machine would have fixed cost of $4,000 and a variable cost of $0.75 per unit. Each component is sold for $1.50 per unit. (use a excel file to show all calculations) 1.Develop two separate models in your spreadsheet to calculate Total Profit for each option.The models must be flexible and able to calculate Total profit for any Quantity produced. 2.Find the break-even quantity for each option 3. Graph the Total profit for each option vs Quantity (both lines on one graph) Show Quantity from 0 to 50,000 4.Write an interpretation of your graphA company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 28,500 units of output each month. However, it has an absolute maximum output capability of 35,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 22,120 units in October, what is the capacity utilization rate in October for this factory? (Round your answer to 1 decimal place.)
- Please calculate/answer the below questions: What is the current capacity of the factory in terms of hours and product units? Given the resources demanded versus the resources available, calculate the utilisation percentages over the next two years. Is Climate Control under or over Capacity? Does the firm need additional production lines? Use calculations to justify your answer.b) Suppose a monopolistically competitive firm operates in a long run which produces 40 units of output at 120 taka per-unit cost (average total cost). Also MC of producing 40 unit output is 60 taka. By using this information, show the long run situation of a monopolisticallycompetitive firm in an appropriate diagram. c) Calculate excess capacity if socially efficient output is 100 units. Show it in graph too. [Note: b) and c) are related questions and draw separate graphs for each question]. Show all step. Answer must be correct.Strategic Management relates a study in economies of scale in the paper industry. the data is found in the following table. x 50 60 73 82 90 215 230 260 y 1.8 1.6 1.5 1.25 0.95 0.60 0.50 0.54 Here x is the weighted average machine size in tons per hour, and y is the employee-hours per ton.A. Determine the best-fitting line using least squares and the square of the correlation coefficient.The best-fitting line is W(x) = The square of the correlation coefficient is r2 = .B. Is there an advantage to using a large machine? Pick the correct answer. The smaller the machine, the less the employee-hours. The larger the machine, the more the employee-hours. The larger the machine, the less employee-hours. The larger the machine, the employee-hours do not change. C. What does this model predict the weighted average machine size will be is the employee-hours per ton is 1.00? (Round to the nearest ton.)The machine will make________ tons for 1 employee-hour per ton.
- Use the following for the next 2 questions: A company forecasts that it will ship 120,000 boxes of product in June. The product has a monthly turnover of 3. The company plans to use its facility to ship 80,000 boxes and the balance of the 40,000 boxes will ship from a rented facility. Space may be rented for a charge of $7 per box per month with an in-and-out handling charge of $0.45 per box shipped. 1. What is the rented (fixed) storage cost for June? - $280,000 - $180,000 - $42,500 - $250,000 - $93,333 - $153,333 - $173,333 2. What is the rented variable cost for June? - $33,333 - $43,333 - $6,000 - $38,000 - $18,000 - $28,000 - $23,333A company has collected the data as shown in the table below for the factories it operates. The plants are of similar size and capacity. All data are in thousands of US$. Calculate the labor, capital and multifactor (including, labor, capital and materials) productivity for each plant for all years. Using the data in the table, plot plant A’s and B’s labor productivity on the same graph. Using the data in the table, plot plant A’s and B’s capital productivity on the same graph. Using the data in the table, plot plant A’s and B’s multifactor productivity on the same graph. Evaluate each factory’s performance overtime both independent of the other factory and relative to the other factory, what would you recommend? West Bank Factory Gaza Strip Factory Year Sales Labor Capital Materials Sales Labor Capital Materials 2010 3480 178 870.5 1780 3510 180 878 2080 2011 3790 191 967 2030 3820 195 1023 2060 2012 4030…As operations manager of Holz Furniture, you must make a decision about adding a line of rustic furniture. In discussing the possibilities with your sales manager, Steve Gilbert, you decide that there will definitely be a market and that your firm should enter the market. However, because rustic furniture has a different finish than your standard offering, you decide you need another process line. There is no doubt in your mind about the decision, and you ar e sure that you should have a second process. But you do question how large to make it. A large process line is going to cost $400,000; a small process line will cost $300,000. The question, therefore, is the demand for rustic furniture. After extensive discussion with Mr. Gilbert and Time Ireland of Ireland Market Research, Inc., you determine that the best estimate you can make is that there is two-out –of – three chance of profit form sales as large as $600,000 and a one-out –of – three chance as low as $300,000. With a large…
- Mary Williams, owner of Williams Products, is evaluating whether to introduce a new product line. After thinking through the production process and the costs of raw materials and new equipment, Williams estimates the variable costs of each unit produced and sold at $8 and the fixed costs per year at $70,000. If the selling price is set at $22 each, how many units must be produced and sold for Williams to break even? Use algebraic approach to get your answer.What are Industry size (per year), Growth Rate, and Sales Projections for business (Health Consulting Office with gym and health restaurant ) hypothetically is not real .Any business that produces something, whether tangible or not must have an operations activity. Do you agree with the statement? provide justifications with appropriate examples