Pedro sells port wine for $36 per bottle. His fixed costs are $1,430. Variable costs are $11 per bottle. If fixed costs increase by $500, how many bottles of Port must he sell to breakeven, using new recycled glass which costs $2/bottle more?
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Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
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- Pedro sells port wine for $36 per bottle. His fixed costs are $1,430. Variable costs are $11 per bottle. With the increased variable costs of $2 per bottle, what is the new breakeven revenue?Joel is the RM for the City Center Plaza hotel. He knows that under his franchise agreement, he pays an 8 percent franchise fee and 3 percent marketing fee on all revenue generated from room sales. Additional fees for using the hotel’s CRS are $2.00 per each room reserved. Internet service provider (IDS) related charges paid by the hotel for rooms sold through Internet sites including uberhothotels.com are $10.00 per room sold. Given this information, help Joel complete the revenue estimate worksheet presented below. Net ADR Yield Estimate Worksheet: City Center Plaza Distribution Channel Group rooms Third-party merchant Rooms sold 80 100 Standard rate $185 $160 Gross revenue Franchise fee (8%) Franchise marketing fee (3%) Franchisor's CRS fee ($2 per room) IDS fee Net total revenue Net ADR yieldFlyUs Airlines is unhappy with the number of empty seats onits New York to Philadelphia flight. To remedy the problem,the airline is offering a special discounted rate of $89 insteadof the normal $169, but only for 7-day advance purchasesand for a limited number of seats per flight. The aircraftflown from NY to Philly holds 100 passengers. Last month’sdistribution of full-fare passengers is shown below. Howmany seats should FlyUs reserve for full-fare passengers?
- 1. Sales may be slower than expected when you start out. What can you do to stimulate demand? 2, How many servers would you need to hire if you are open 10 hours a day, Monday through Friday, and want two servers working at all times? 3. Given estimated sales of 2,000 medium cups of coffee for the week, how much coffee should you buy?Belletricity Inc., a medium electronic circuit board manufacturer in the US, is a long-term supplier to Morden Equipment (ME). ME is Belletricity’s only client. Every year, Belletricity sells around 5 million circuit boards to ME, which occupies Belletricity’s full production capacity. In 2012, ME informed Belletricity that due to business expansion, ME would increase the purchase from 5 million to 15 million starting from 2013. Belletricity has been selling circuit boards at the unit rate of USD 0.8 to ME so far. Due to the future increase of the buying volume, ME therefore asked Belletricity a price cut to USD 0.6 each. After negotiation, ME agreed to buy from Belletricity at the price of USD 1.00 starting 2013, for three years consecutively, till 2015. a) What was the rationale behind that ME agreed to pay a higher price to buy from Belletricity for the next three years? b) Why could Belletricity successfully persuade ME to accept her requested price?Yuki sells rose flower pots. She gets the pots from Lazada. The price he paid for 6 pots is Php4,800.00. To covers costs, Yuki needs to generate a profit margin of 68% for each vase. What percentage mark-up should she add on each pot? If all the pots are sold, what is the total revenue generated? What is the total profit generated? What is the % margin?
- After closing her beloved restaurant due to the pandemic, Kiki started to sell her signature sauces to consumers. The ingredients for a sauce bottle cost $1.25 and packaging costs another $0.50. A distribution company handles the storage and distribution of the sauce and charges $0.75 or each bottle. Kiki has calculated that the overhead cost is $5000 per month. She sells one sauce bottle at $5.00 to the customers.a. How many sauce bottles must Kikisell to break-even? What is the total revenue for breakeven? (Show all calculations to earn full credit)b. If she can sell only 1000 bottles, what should be the selling price to break-even?Jordan Airline routinely overbooks its flights from Dallas to Florida. Overbooking discounted seats can be expensive because providing a bumped passenger with a last-minute flight on a competing carrier can cost $2,200. A 150-passenger jet costs about $150,000 to operate from Raleigh to Atlanta. The average ticket price is $2,000. Table. The frequency of no-shows NO-SHOWS FREQUENCY 1 15 2 10 3 10 4 5 5 5 6 5 a. how many seats should be overbooked? (show your calculations) b. Korean Airline increased the average ticket price from $2,000 to $3,000 on its Atlanta/Seoul route for the holidays. How would the increased ticket price affect the number of seats overbooked? (show your calculations)Fill in the costs and benefits (including the discounted values) up till year 20 to find the total cost and benefit. Please show the results using the maximum trash amount and the maximum operating cost. parameters trash amount 700 min amount 700 max amount 900 days 260 sorting cost 10 operating cost 80 min cost 50 max cost 80 landfill saving 100 mulch cost 10 discount 0,03 % compostable 58% costs year sorting cost discounted cost 0 $ - $ - 1 $ 1.820.000,00 $ 1.766.990,29 2 3 etc total sorting cost: pv formula year operating cost discounted cost 0 $ - $ - 1 $ 8.444.800,00 $ 8.198.834,95 2 3 etc total operating cost: pv formula year…
- Subject: Logistic management Q): Calculate ROI if profit margin is 12% and Asset turn over ratio is 1.4? Q): calculate ReOrder Point if lead time is 9 days and daily usage is 20 tons?Henri of Henri’s French Cuisine (HFC), a chain of 12restaurants, is trying to decide if it makes sense to outsource thepurchasing function. Currently, Henri employs two buyers at anannual fixed cost of $85,000. Henri estimates that the variable costof each purchase order placed is $15. Value-Buy (VB), a group ofpurchasing specialists, will perform the purchasing function fora fixed annual fee of $100,000 plus $5 for each purchase orderplaced. Last year, HFC placed 1450 purchase orders.(a) What was the cost last year to HFC when doing thepurchasing in-house?(b) What would the cost have been last year had HFC usedValue-Buy?(c) What is the indifference point for the two alternatives?(d) If HFC estimates it will place 1600 purchase orders nextyear, should it use VB?(e) What additional factors should be considered by HFC?For Demand Planning, provide a comprehensive description, what benefit it may offer to the ABC Corporation, and what needs to be done in order to successfully implement this topic into the ABC Corporation. For Demand Planning, integrate appropriate biblical references. Explain Demand Planning magnify God’s plan for you?
