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3 years ago

State d function of warehousing

Business

1 answer:

Ghella [55]3 years ago

4 0

Answer:

Explanation: The main function of a warehouse is to store products or goods before moving them to another location

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Refer to the above data. At its profit-maximizing output, this firm's total revenue will be:______

ValentinkaMS [17]

Answer:

The question is incomplete. The complete is given below

OUTPUT PRICE MR TC MC

1 100 100 100 30

2 90 80 63 26

3 80 60 52.67 32

4 70 40 49.5 40

5 60 20 49.6 50

6 50 0 50 52

7 40 -20 52.29 66

8 30 -40 55.75 80

9 20 -60 60.67 100

The total revenue is $280

Explanation:

Profit is maximized at the level of output where marginal revenue (MR) is equal marginal cost (MC).

Marginal revenue is the extra revenue made from selling one additional unit of a product. It is the increase in total revenue as result of selling one more unit. It is given in the third column above.

Marginal cost: It is the increase in total cost as a result of producing extra one unit- it is given in the last column

Profit maximizing-output: The optimal level of output where marginal revenue is equal to marginal cost. It is the ascertained to be 4 under the first column above. At this level MR $40 = MC $40

Profit maximizing price: The selling price at the profit-maximizing output. It is $70 here.

Total revenue that maximized profit= profit-maximizing price × Profit maximizing-output

$70 × 4= $280

6 0

3 years ago

Pierce Chocolates and Berry Sweets both have new projects that require an initial investment of $450,000 and will have annual ca

Rom4ik [11]

Answer:

Explanation:

Using a financial calculator, input the following using the "CF" button;

<u>Pierce Chocolates has 5 years of cash inflows;</u>

Initial investment ; CF0 = - 450,000

Yr1 Cashflow; CF1 = 110,000

Yr2 Cashflow; CF2 = 110,000

Yr3 Cashflow; CF3 = 110,000

Yr4 Cashflow; CF4 = 110,000

Yr5 Cashflow; CF5 = 110,000

Then compute Internal rate of return; IRR CPT = 7.09%

<u>Berry Sweets has 6 years of cash inflows;</u>

Initial investment ; CF0 = - 450,000

Yr1 Cashflow; CF1 = 110,000

Yr2 Cashflow; CF2 = 110,000

Yr3 Cashflow; CF3 = 110,000

Yr4 Cashflow; CF4 = 110,000

Yr5 Cashflow; CF5 = 110,000

Yr6 Cashflow; CF6 = 110,000

Then compute Internal rate of return; IRR CPT = 12.18% hence higher.

6 0

3 years ago

According to Laszlo Bock, Google believes in hiring the best talent from the start rather than hoping to develop mediocre talent

Harrizon [31]

Answer:

Training

Explanation:

Talent management strategy is a system adopted by Hr to attract , employee and retain efficient employees in order to maximize business performance.

Continuous training and development is a key talent management strategy used by most companies.

Googles strategy of hiring the best talent from the start rather than developing mediocre talent over time focuses more money on employee selection than training

5 0

4 years ago

Which is the most important consideration when deciding to purchase or lease a vehicle?

Over [174]

I think the answer is price, but I don't know

7 0

3 years ago

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Which of the following is a reason the life cycle stage concept sometimes gets criticism?

Tanya [424]

Answer:

Explanation:

a. concept testing ... Group members advocate criticism of an idea when it is ridiculous. c. ... new-product strategy or are obviously inappropriate for some other reason. ... It is often used at the development stage to rate product alternatives. b. ... Which of the following statements is true of the product life cycle (PLC)? a.

6 0

3 years ago

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State d function of warehousing​

State d function of warehousing