(Answered) A producer of felt-tip pens has received a forecast of

Management Studies

A producer of felt-tip pens has received a forecast of demand of 30,000 pens for the coming month from its marketing department.

Fixed costs of $25,000 per month are allocated to the felt-tip operation, and variable costs are 37 cents per pen.

Explain and please provide the excel formulas.

a) Find the break-even quantity if pens sell for $1 each.

b) At what price must pens be sold to obtain a monthly profit of $15,000, assuming that estimated demand materialized?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92760470
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Operation Management

Cantor corp is the countryrsquos third largest manufacturer

Cantor Corp. is the country’s third largest manufacturer of garden furniture and accessories. They are planning to sell a new oak and cast iron bench that will be available in a choice of three colors. Part of the manufa ...

Unilever cooperates with many firms and nonprofit

Unilever Cooperates with Many Firms and Nonprofit Organizations to Implement Its Strategy While Creating a More Sustainable Environment Unilever, a European-headquartered (in both the Netherlands and the United Kingdom) ...

Question choose one 1 public corporation in an industry

Question : Choose one (1) public corporation in an industry with which you are familiar. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database, in the Univer ...

Should advaark stick to its core business or diversify

Should Advaark stick to its core business or diversify? Where does its core business fit in on the BCG Growth-Share matrix and why (Hint: Categories in this matrix are Question mark, Star, Cash cow and Dog)? Support your ...

Urban and rural health care organizations throughout the

Urban and rural health care organizations throughout the industry are working together to coordinate care for Medicare patients. Accountable Care Organization (ACO) programs were established by the Centers for Medicare a ...

1 imagine that you are a meeting facilitator think of how

1. Imagine that you are a meeting facilitator. Think of how you would use an affinity diagram, prioritization matrix or impact effort matrix in a team meeting. Choose one tool and explain how you would use it in a team a ...

1 what holiday inn hotel has developed in term of

1. What Holiday Inn Hotel has developed in term of technology dimension? ( please write 3 or 4 points) with more details 2. Explain in your own words what role the "clear and present danger" test once played in First Ame ...

Dispute settlement is the focus of the world trade

Dispute settlement is the focus of the World Trade Organization (WTO) and the way that the organization keeps the global economy stable. What is the WTO, and what is its history? What are the benefits of being a member o ...

Discuss the best and most realistic supply chain situation

Discuss the best and most realistic supply chain situation for your pretend business. By the way, here is my pretend business and explanation of my pretened business. MEN'S WEAR Shop is high end fashion that is construct ...

1 why is diversification sometimes necessary explain in 150

1. Why is diversification sometimes "necessary?" explain in 150 words or more. 2. Decision Making Styles. Select a certain decision-making style (analytical, conceptual, directive or behavioral) and explain how you have ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert