Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a monthly service charge of $20. Plan A has a cost of $.45 a minute for daytime calls and $.20 a minute for evening calls. Plan B has a charge of $.55 a minute for daytime calls and $.15 a minute for evening calls. Plan C has a flat rate of $80 with 200 minutes of calls allowed per month and a charge of $.40 per minute beyond that, day or evening.

a. Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.

b. Prepare a graph that shows total monthly cost for each plan versus daytime call minutes only.

c. If the agent will use the service only for daytime calls, over what range of call minutes will each plan be optimal?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92289801

Have any Question?


Related Questions in Operation Management

Individual assignment suggested level of effort 3 hoursread

Individual Assignment (suggested level of effort: 3 hours) Read the Suburban Homes Construction Project case study CPM 4e and answer the following questions in a paper formatted using a question-response format: Question ...

1 how do you think schultzrsquos social skills may have

1. How do you think Schultz’s social skills may have contributed to the success of Starbucks? What other special skills and abilities do you think he has that have helped the company grow and prosper 2. What types of tra ...

1 to what extent are you satisfied with the leadership

1. To what extent are you satisfied with the leadership approach in your company? If you had a chance to make some changes, what are the main leadership traits you would like to change? Please explain it in 1000 words. 2 ...

A computer companyrsquos yearly inventory cost is 44 which

A computer company’s yearly inventory cost is 44% (which accounts for the cost of capital for financing the inventory, warehouse space, and the cost of obsolescence). Last year the company averaged $425 million in invent ...

1 suppose you own a candy bar manufacturing business and

1. Suppose you own a candy bar manufacturing business and you read that 30% of food manufacturing employees eat more than their hourly wage while on the job! You have 30 employees. Calculate the probability that four or ...

1 respond to the following statement by john p kotter 1999

1. Respond to the following statement by John P Kotter (1999): “One of the most frequent mistakes that overamanaged and underled corporations make is to embrace long term planning as a panacea for their lack of direction ...

1 according to point one of demingrsquos 14 points for

1. According to point one of Deming’s 14 points for quality improvement, the responsibility of improving a firm’s competitive position lies with ______. a. top management b. suppliers c. middle management d. employees 2. ...

You are the business manager of a fifteen-physician group

You are the business manager of a fifteen-physician group practice in family medicine that at a recent strategic planning retreat agreed to open a satellite clinic on the periphery of its current market area in order to ...

1 what are ways companies can provide opportunities for a

1. What are ways companies can provide opportunities for a diverse workforce and conduct business ethically? 2. What may be some reasons companies do not provide opportunities for a diverse workforce? 3. Describe and dis ...

Conduct a research into the terrorist attack on the world

"Conduct a research into the terrorist attack on the World Trade Center towers in New York City on September 11, 2001. The towers were designed to withstand the force of the impact of jetliners like the ones that slammed ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As