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- Select all statements that are true using the attached chart. A.)Breakeven is the quantity where TR - TC = 0 B.)The profit maximizing quantity of participants/bags is MR ≥ MC 300 C.) The profit maximizing quantity of participants/bags MR ≤ MC 400 D.) Using Qb = F/(MR – AVC) the breakeven quantity of participants/bags is 113 and 115 bags.FCR and Average daily gain are measured in a continuous scale. true or false43% of small businesses are either not tracking inventory or using manual processes, such as spreadsheets or pen-and-paper. This creates a higher probability of creating double entries, difficulties in placing and receiving orders, and time-consuming processes of locating stock, among other errors. Suppose you are appointed as a purchasing officer of a small business. You are asked to manage the purchases of NIDO (powder milk). The annual demand = 1500 units of NIDO, Delivered purchase cost = R25/units, Annual carrying cost percentage= 15percent, Order cost = R35/order. The lead time is 10 working days. Assuming 20 working days per month. a) Determine the Economic Order Quantityb) Determine the reorder pointc) Determine the average inventoryd) Suppose orders are placed only at review time. Find the optimal period and the optimal orderquantity.
- Prepare the scatter diagram and insert the trendline or line of best-fit. Use a scale of 2 cm to represent 1,000 units on the x-axis & 2 cm to represent $50,000 on the yaxis. Using the line of best-fit, determine the company’s fixed cost per month and the variable cost per unit. (Use 0 & 5,000 units.) Which of the two methods appear more appropriate? Explain your answer.1. Prepare the scatter diagram and insert the trendline or line of best-fit. Use a scaleof 2 cm to represent 1,000 units on the x-axis & 2 cm to represent $50,000 on the y-axis. 2. Using the line of best-fit, determine the company’s fixed cost per month and thevariable cost per unit. (Use 0 & 5,000 units.)Q4)it's three subparts solve all.no skip any questions all three subparts plz
- How do I plot thw points on the graph, im a little confused with the graph that is drawn for this question Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Diagram is must!Please provide answer with method and explanantion
- A small business produces and sells balls. The fixed costs are $20 and each ball costs $2.92 to produce. Each ball sells for $7.92. Write the equations for the total cost, C, and the revenue, R, then use the graphing method to determine how many balls must be sold to break even.Oregon Fiber Board makes roof liners for the automotiveindustry. The manufacturing manager is concerned aboutproduct quality. She suspects that one particular failure, tears in the fabric, is related to production-run size. An assistantgathers the following data from production records: a. Draw a scatter diagram for these data.b. Does there appear to be a relationship between run sizeand percent failures? What implications does this datahave for Oregon Fiber Board’s business?what is Operational definition Repeat Purchase for food customer?