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2 years ago

Optimization using total value calculates ________.

Business

1 answer:

Jlenok [28]2 years ago

7 0

Answer:

Explanation:

Optimization using total value calculates the total value of each feasible option and then picks the option with the highest total value.

Optimization using marginal analysis calculates the change in total value when a person switches from one feasible option to another, and the uses these marginal comparisons to choose the option with the highest total value.

Both gives identical answers.

Optimization can be implemented using many different techniques.

One of it, is Total value total benefit - total cost (net benefit).

It translate all cost and benefits into common units, like dollar per month.

Calculate the total net benefit of each alternative.

Pick the alternative with the highest net benefit.

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Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to

slega [8]

Answer:

Contribution is sales revenue less variable cost. In multiple products environment, it is important that the producer have information about the performance of each product. This is useful for decision making purpose. See income statement below

Explanation:

An income statement showing contribution would suffice:

Royal Lawrence Company

Income statement

Weedban Greengrow Total

$ $ $

Sales (sp/unit × unit) 315,000 900,000 1,215,000

Variable cost (Vc/unit × units) (98,000) (325,000) (423,000)

Contribution 217,000 575,000 792,000

Specific fixed cost (132,000) (37,000) (169,000)

Product profit 85,000 538,000 623,000

Common Fixed cost (100,000)

Total profit 523,000 

4 0

3 years ago

Read 2 more answers

How a company can achieve lower production costs and increase productivity

Softa [21]

Answer:

by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.

Explanation:

Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.

A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures

Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.

5 0

3 years ago

Constitutive rules __________. Group of answer choices

Zepler [3.9K]

Answer:

3. interaction are examples of phatic communication are

Explanation:

Consequantive riles indicate the appropriate behavior in a given context and that are used to interest and understand and the rules and the meanings of the message.

8 0

3 years ago

If the monetary authorities decide to increase the nominal money supply by 10% when the economy is at its full employment level

Norma-Jean [14]

Answer:

10%
(will increase in the short run) but in the long run it will return to the potential output level.

Explanation:

If the money supply is increased by 10%, the inflation rate will also increase by 10%.

In the short run the economy will be able to produce an output which is higher than the potential GDP, but once the inflation rate catches up, both the unemployment rate will increase and the real GDP will return to its potential output level.

3 0

3 years ago

In April, Holderness Inc, a merchandising company, had sales of $251,000, selling expenses of $17,000, and administrative expens

Rainbow [258]

Answer:

The net income is $59,000

Explanation:

Please refer to the attached file for calculation.

3 0

3 years ago