<span>A good orientation would have explored the changes in these usage trends. By doing this, they could have figured out how to best market to these customers and maximize their profits. Even though there were drops in consumption, understanding and targeting those who still did consume would have borne the most success for those companies that undertook these steps.</span>
Answer:
72000
Explanation:
Break even formula:
Break even in units=Fixed cost/Contribution margin per unit
= $ 36,000 / $ 6
= 6,000 Units
[Contribution margin=Sales price-Variable cost=12-6]
Break Even in Dollars = Break Even in Units * Selling Price Per Unit
= 6,000 Units * $ 12 Per Unit = $ 72,000
The price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
Using this formula
Midsized automobile price = Marginal Cost (3×Elasticity) / 1 + (3 × Elasticity)
Let plug in the formula
Midsized automobile price = $11,000 (3× -1.2) / 1 + (3× -1.2)
Midsized automobile price = $14,000 × -4.8/ -3.8
Midsized automobile price = $14,000 × 1.384615
Midsized automobile price = $15,230.765
Midsized automobile price =$15,230.77 (Approximately)
Inconclusion the price that should be charge for a midsized automobile if you expect to maintain your record sales is $15,230.77.
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Service or result does the customer or sponsor expect from the project?" is an example of a <u>scope</u> constraint.
The term "scope" describes the total set of goals and demands necessary to finish a project. The phrase is frequently used in both consulting and project management. Managers can estimate expenses and the time needed to complete a project by clearly outlining its scope. The fact that it saves time and money makes scope management a crucial component of a firm. In project management, there are often two basic forms of scope. The project and product scope are these.
- The functions and features that distinguish a product or service are known as the product scope.
- The effort necessary to provide a product in accordance with the product's scope is known as the project scope (required functions and features)
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