a. What volume per month is required in order to break even? b. What profit would be realized on a monthly volume of 65,000 units? 85,000 units? c. What volume is needed to obtain a profit of $13,000 per month?
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A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $7,900 per month and variable cost of 62 cents per unit produced. Each item is sold to retailers at a price that averages 85 cents. (Round all answers to a whole number.)
a. What volume per month is required in order to break even?
b. What profit would be realized on a monthly volume of 65,000 units? 85,000 units?
c. What volume is needed to obtain a profit of $13,000 per month?
d. What volume is needed to provide a revenue of $20,000 per month?
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- A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $7,400 per month and variable costs of $0.73 per unit produced. Each item is sold to retailers at a price that averages $1.13a) The volume per month is required in order to break even = (in whole number) b) The profit or loss would be realized on a monthly volume of 61,000 units = c) The volume is needed to obtain a profit of $16,000 per month = (in whole number) d) The volume is needed to provide revenue of $23,000 per month = (in whole number)Charles Lackey operates a bakery in Idaho Fals, Idaho. Because of its excellent product and excelent location, demand has inoreased by 25% in the last year. On far boo many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a statf meeting, one employee suggested ways to load the ovens differently eo that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,500 loaves per month, Employees are paid S8 per hour. In addtion to the labor cost. Charles also has a constant utity cost per month of $850 and a per loaf ingredient cost of $0.50 Current multtactor productivity for 640 wark hourn per month - 0223 loavesidolar (round your response to three decimal places) Ater increasing the number of…#3 - At Freeze Inc. the manufacturing of each air conditioning has a variable cost of $400 per unit and it takes place in a facility that has a monthly fixed cost of $200,000. a. If Freeze Inc. sells each unit at $1,200 how many units do they need to sell every month to break-even? b. What is the monthly revenue at the break-even point? с. What is the monthly variable cost at the break-even point? d. What is the total operating cost at the break-even point? e. If Freeze Inc. sells 1,000 units at $1,000 each on a given month, calculate the profit. acer
- Charles Lackey operates a bakery in Idaho Falls,Idaho. Because of its excellent product and excellent loca-tion, demand has increased by 25% in the last year. On far toomany occasions, customers have not been able to purchasethe bread of their choice. Because of the size of the store, nonew ovens can be added. At a staff meeting, one employeesuggested ways to load the ovens differently so that moreloaves of bread can be baked at one time. This new processwill require that the ovens be loaded by hand, requiring addi-tional manpower. This is the only thing to be changed. If thebakery makes 1,500 loaves per month with a labor produc-tivity of 2.344 loaves per labor-hour, how many workers willLackey need to add? (Hint: Each worker works 160 hours permonth.)Sapphire Aerospace operates 52 weeks per year, and its costof goods sold last year was $6,500,000. The firm carries eightitems in inventory: four raw materials, two work-in-processitems, and two finished goods. Table 12.3 shows last year’saverage inventory levels for these items, along with their unitvalues.a. What is the average aggregate inventory value?b. How many weeks of supply does the firm have?c. What was the inventory turnover last year?Baker Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. 5 2 3 4 123 125 127 126 Year Forecast Demand Currently the manufacturer has eight machines that operate on a two-shift (eight hours each) basis. Twenty days per year are available for scheduled maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 20 minutes to produce. 1 106 a. What is the effective capacity of the factory? Round your answer down to the nearest whole number and use this answer in subsequent computations. Year Additional machines needed units/year b. Given the five-year forecast, how much extra capacity is needed each year? Round your answers to the nearest whole number. Year 1 2 3 Extra capacity needed (units) c. Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number. 1 2 3 4 5 5
- Way Cheap has 16 warehouses, 12 have stock inventory of 50,000 and 4 have stock inventory of 100,000. a. What is their current total safety stock, and what will be their new required safety stock if they reduce to a total of 9 warehouses? b. If instead of 9, they drastically decreased from 16 to 4 warehouses, what would be their new safety stock level? c. As a supply chain consultant, what would you counsel Way-Cheap are potential downsides of drastic warehouse downsizing, to be contrasted against the benefit from decreased safety stock requirements? Plz send answer fast I will upvoteLot sizing A producer with one product faces the following forecasted demand for the next 10 weeks: week 1. 2. 3. 4. 5. 6. 7. 8. 9. 10 Requirement 30 12 72 11 24 42 35 30 75 68 Assume furthermore that the producer faces a Set-up cost (K) equal to 132 each time production takes place and storage costs (h) of 0.6 per unit per week. a) Find the cost of the two extreme strategies Lot - for - lot (produce exactly what is needed in each period) and Produce - once (produce everything needed in the first period).A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $11,152 per month and variable costs of $1.23 per unit produced. Each item is sold to retailers at a price that averages $2.07 The volume is needed to provide revenue of $23,000 per month = ( ) (in whole number)
- Yu Amy Xia bas developed a specialized airtightvacuum bag to extend the freshness of seafood shipped to restaurants.She has put together the following demand cost data: You decides that the initial inventory of 250 units will incur the$0.20/unit cost from each prior quarter (unlike the situation inmost other companies, where a 0 unit cost is assigned).a) Find the optimal pla n using the transportation method.b) What is the cost of the plan?c) Does any regula r time capacity go unused? If so, how much in which periods?b) What is the extent of backordering in units and dollars?Hickory Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Year 1 2 3 4 5 Forecast demand 62 84 86 90 90 Currently the manufacturer has seven machines that operate on a two-shift (eight hours each) basis. Thirty days per year are available for scheduled maintenance of equipment with no process output. Assume there are 250 workdays in a year. Each manufactured good takes 20 minutes to produce. What is the effective capacity of the factory? Round your answer down to the nearest whole number. units/year Given the five-year forecast, how much extra capacity is needed each year? Use a minus sign to enter an answer, if there is excess capacity. Round your answers to the nearest whole number. Year 1 2 3 4 5 Extra capacity needed (units) Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number.…Idle production capacity may be related to inventory or capacity management. How would thepricing component of the marketing mix reduceidle production capacity for (a) a car wash, (b) astage theater group, and (c) a university?