Answer: The Break-Even Point will reduce from $4,285.71 to $4,125
Explanation:
To get the Break-Even Point we can divide Fixed Assets by the Contribution margin.
The Contribution Margin is the Selling Price minus the Variable Cost.
For Scenario 1 the Break-Even Point will be,
= 15,000 / ( 6 - 2.50)
= $4,285.71
For Scenario 2 the Break-Even Point is,
= 16,500 / 6.5 -2.5
= $4,125
The Break-Even Point for Scenario 2 means that even though the higher Fixed Costs could have led to a higher Break-Even Point, the higher price contributed more than the fixed costs did and led to an ultimately lower Break-Even Point than the first Scenario.
Answer:
Even though the bureaucratic structure has received a lot of criticism, it has some advantages. Accountability, predictability, structure and job security are just a few to mention. Furthermore, a bureaucratic culture is based on impersonal relationships, discouraging favoritism
Question: The options were not given in the question. here are the options;
a. 50%
b. 75%
c. 5%
d. 95%
e. 25%
Answer:
The correct option is D. 95%
Explanation:
ROP = demand during lead time + (Z * standard deviation of lead time demand)
15 = 10 + (Z * 3)
Z = 1.667
For Z = 1.667, service level is nearly 95%
Answer:
Joint ownership
Explanation:
In a joint ownership, when a partner dies, his interest is passed on to the surviving partners.
This case scenario is a joint ownership
Answer:
a. Minimize change for workers
Explanation:
Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.
<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>