A manufacturing company produces 500 units of a product per day with a total production cost of $10,000. If the company wants to reduce its production cost by 10%, how many units should it aim to produce per day? Assume all other factors remain constant
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- . A call center in India used by U.S. andU.K. credit card holders has a capacity of1,400,000 calls annually. The fixed cost ofthe center is $775,000 with an averagevariable cost of $2 and revenue of $3.50 percall.(a) Find the percentage of the capacitythat must be placed each year tobreak even.T/F The fixed cost remains same at all level of output.Assume you were hired as a Production Engineer in a global Bearing Manufacturer company and given the following inputs: Equipment Maintenance Cost per Month Utilities Cost per Month Material Cost per Unit Labor Cost per Unit Selling Price per Unit S60,000.00 $12.000.00 $12.00 $3.00 $24.00 Calculate Total Fixed Cost per Month Calculate Total Variable Cost per Unit = Calculate number of Units to be sold to reach Break-Even Point = Calculate number of Units that must be sold to eam profit of $90,000.00
- A book publisher wants to know how many times a year a print run should be scheduled. Suppose it costs ?$1300 to set up the printing? process, and the subsequent cost per book is so low it can be ignored. Suppose further that the annual warehouse cost is ?$7 times the maximum number of books stored. Assuming 4900 copies of the book are needed per? year, how many books should be printed in each print? run? Note that since the warehouse cost is based on the maximum number of books held and not the? fM k k should be used average, the equation to determine the order quantity. The publisher should print books in each print run.hedule detailing the weekly total production of per week, and the cost of each unit of capital is tz uolzsano Ca manufacturer produces certain items at a labor cost of 150 each, the material cost is 75 each, and the variable cost of 2.50 each. if the item has a unit price of 500, how many number of units must be manufactured each mont for the manufacturer to break even if the monthly overhead of 299,750?
- What is the formulae used to find unit cost?T/F The fixed cost incur at even zero level of output.The cost, in millions of dollars, of building a three-story high school in NewYork State was estimated to be: 2C x x x x 1.7 0.14 0.0001 20 400where x is the number of thousands of square feet. Suppose that you arecontemplating building a for-profit three-story high school and estimate thatyour total revenue will be $0.2 million dollars per thousand square feet.(a) What is minimum area for a three-story high school in New YorkState, that this model covers? (b) What is the variable cost of building a three-story high school in NewYork State? (c) What is the fixed cost of building a three-story high school in NewYork State? (d) Determine the profit function,P x( ), for building a three-story highschool in New York State? . (e) Determine,P(250) , for building a three-story high school in New YorkState, and interpret the result. (f) How many thousands of square feet should a three-story high schoolbuilding in New York State be in order to break even?
- major league baseball plans to sell special commemorative jerseys for the world series. the suppliers says that costs will be C(x)= 10x2-680x-20,000 dollras dor making x jerseys. MLB plans to sell them for 120 dollars each. how many jerseys must be sold for MLB to make a profit?A cell phone company has a fixed cost of $1.200.000 per month and a variable cost of $21 per month per customer. The company charges $37 5 per month to its cell phone customers. a. What is the breakeven point for this company?Cost Analysis A company manufactures fuel tanks for cars. The total weekly cost (in dollars) of producing X fuel tanks is given by.. C(x) = 10000 +90x - 0.05x² %3D Find the exact cost of producing the 501st item. (Round to the nearest 2 decimal places, if needed) HINT: Steps to fiınd actual or exact (cost/revenue/profit) 1. Find the cost of x = 5003B 2. Then find the cost of x = 501%3; 3. Then subtract ASUS 3 近