Fixed cost

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of future cost. It is the way you calculate the total costs of making and selling a product or providing a service. Price is the exchange value of a product or service, usually stated in terms of money. Pricing affects the changes of long term success for a small business because of its 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…

months. You can foresee fitting in a production run of the blue paint and have decided to bid on the job. You calculate your incremental costs for this job to be $76,200. This particular contract is standard, similar in all in respects to hundreds of contracts you have bid on over the past few years. Your pricing policy has been to apply a mark-up to incremental costs to arrive at the bid price. Your mark-up has been higher when you had plenty of orders and lower when you had few or no orders to…

B.Result and discussion Percentage air voids On the replacement of cupola slag we obtained the result that, on the percentages of 10, 20, 30 and 40 we have the Va values of 4.8, 4, 4.8 and 3.2 % which satisfies the morsth requirement of 3-5% and further we observed that the gradual decrease in the Va values up to 100%. So that for Va the replacement of cupola slag up to 40 % will satisfies the morsth requirement. Percentage of voids in mineral aggregate On the replacement of cupola slag we…

Leads to high costs Q3. Can the JITD strategy solve the operational problems faced by Barilla? Key features of JITD mentioned in the case are o VMI - Vendor-Managed Inventory Concept o Treats end-customer as the Input o Aims at managing the Input filter that Produces…

Looking through my phone, I stumbled upon a headline from CNN that immediately caught my attention: “Cost of life-saving EpiPens up over 400%.” When I first read the title, the image of one of my friends rushed to my mind. This friend has an extensive list of severe allergies, requiring her to own and carry multiple EpiPens everywhere she goes. Additionally, I had lived through situations where individuals began to present redness on their skin, cough, and shortness of breath, which could have…

Grossman suggests that the: cost of health capital = r + where r is the interest rate and is the depreciation rate. Thus as r decreases, the cost of health is decreasing as well. With lowered costs of health capital, the consumer does not have to spend as much to purchase health / medical services. In addition, because costs have decreased, consumer health increases at a higher optimal level than before, because the price…

break-even point is the level of sales that is necessary to cover both variable and total fixed costs, such that net operating income is equal to zero. In Year 1 and Year 2, because of introducing new PDA, there have loss sales on existing PDA. So, Conch uses the average method to calculate the break-even point. After calculation, the profit per unit for Year 1 and Year 2 is $138.58 and $161.58. The fixed cost is $4,700,000. The break-even point for Year 1 and Year 2 is 33,916 units and…

1.2 Maintenance Policies This is to create a reference for development into maintenance strategies, and also the challenges that come with its integration with FMECA elements. The main purpose of maintenance in an industrial perspective is to reduce the business risks. In general, operation and maintenance is synonymous with high level of availability, reliability and assets operability linking directly with production capacity, productivity and business profit. [7] Today, the…

Ferdoushi Akhtar Hashi Chowdhury 23/03/2018 Liability in Civil Engineering – A Case Study Carillion Construction Ltd v Woods Bagot Europe Ltd & Ors [2016] EWHC 905 (TCC) Introduction This report presents a liability case study regarding the extension of deadlines in civil engineering projects, and the damages that might occur as a result of these delays. The liability aspect of the dispute presented in this report are…