implications for profit. Written or formal offer to supply goods or to do a job at an agreed price/ make a formal offer to do a job at a stated price. The difference between Fixed Cost, Variable Costs and Total Costs Fixed cost Variable cost Total cost Fixed costs are the costs that are fixed in total, but variable per unit. For example, the…
income from another established farm. The income, variable costs, and fixed costs are shown for each of the 10 establishment years. It is assumes production in high density orchards begin in year three with 15 bins of HoneyCrisp Apples and increases to 50 bins at full production. The full production and yearly amounts are low averages, things like frost and poor growing season can easily destroy crop for a year wiping out all income. Total variable costs for the high density planting system is…
ENGINEERING STUDY SHEET - TEST Analysis: SI units- Si units is the standard International Metric system of measurements. The metric system was introduced to australia to provide an easier system than the imperial system. The metric system is a base 10 system (all units are done by powers of 10). The imperial use more complicated bases. Metric eg; 1000 mm = 1m, 1000m = 1km (not confusing) Imperial eg; 36 inches = 1 yard, 1760 yards = 1 miles (confusing) Types of motion: Rotational-pg 141 (…
Question 1: What is the value chain? It is beneficial for organizations to strategically analyze costs to determine whether or not its costs are competitive with other companies in the same market. This comparison is done through what is known as a value chain, which analyzes the cost of internal activities and how they compare with competitors to determine which are sources of cost advantage or disadvantage. A value chain serves the purpose of examining the operating activities that businesses…
The problem at hand for Stuart Cellars it’s their prices for its wines. They are a family owned winery that is located in Temecula, California. The average retail price for their wine is around $28 per bottle. When it comes to pricing wines, cost varies based on winery location and the number of years that the winery has been in business. One rule of thumb for wineries is to price a bottle of wine at 1/1000 the cost of a ton of grapes. For example, a bottle of wine from a batch of $40,000…
We represent the self-insured employer, Niskayuna Central School District, and its third-party administrator, Benetech, Inc., in the above reference matter. Please accept this letter as the self-insured employer’s appeal of a Supplemental Decision filed in this matter on 07/13/17, which directs a deposit into the Aggregate Trust Fund. It is respectfully submitted that no deposit into the Aggregate Trust Fund is required of a self-insured employer under Section 27(2) of the Worker’s…
Interested In A Vinyl Fence? 4 Things You Should Know If you want to add privacy to your backyard, or keep your family pet contained without having him on a chain, a fence is a great way to do it. Consider getting a vinyl fence because of these 4 things. Appearance and Size Vinyl fencing typically comes in sections that are 6-8 feet tall. It will give you enough height to protect your yard from nosy neighbors, and help keep pets contained. You can also get the material in sections that are…
In The Goal written by Eliyahu Goldratt, the main character, Alex Rogo, faces a simple yet complex problem of how to increases his plants profitability. From our Brewer textbook we have been learning how different activity levels affect operating income and how a manufacturing corporation can break even in terms of income and sales in chapter 5 of our Brewer textbook. In The Goal, Rogo’s plant is not meeting the demands of its clients and because of that, is not being profitable even through the…
Quiet eye is a gaze behavior first reported by Joan Vickers of Calgary University in 1996. The Quiet eye has been defined as the duration of the final fixation towards the relevant target prior to the execution of the critical phase of movement and has been accepted as a measure of optimal visual attentional control. The quiet eye has an onset that occurs before the final movement in the motor task and an onset that occurs when the fixation deviates off the target by more than 3 degrees for…
We make many decisions in our lives from small, daily decisions to major life decisions. The majority impact us economically. Fiscally responsible people often take the cost-benefit principal into account when making economic decisions. The principle first assumes people are rational and so, their goals are rational. It then states, one should only take action when the benefits of that action are as least as high as the costs associated with the action. I wondered what the outcome would be…