A small manufacturing business has patented a new device, Ask an Expert

Management Studies

A small manufacturing business has patented a new device for washing dishes and cleaning dirty and cleaning dirty kitchen sinks. The owner wants reasonable assurance of success. Variable costs are estimated at $7 per unit produced and sold. Fixed costs are about $6,000 per year. If the selling price is set at $25, how many units must be produced and sold to break even?

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91883859

Have any Question?Write your Review or question?

Related Questions in Operation Management

Determination of torts part a describe three different

Determination of Torts". Part A:. Describe three different forms of monetary damages that may be advailable to victims of intentional Torts. Part B: The purple-faced six-tall supervisor screamed across a small office con ...

What are the advantages and drawbacks of universities using

What are the advantages and drawbacks of universities using social media to communication with stakeholders -- students, potential students, alumni, donors, etc? Do you think there are more or fewer communication barrier ...

Under what conditions will a related diversification

Under what conditions will a related diversification strategy not be a source of competitive advantage for a firm? Instructions Write a paper addressing the question of related diversification strategies and competitive ...

Case problem31 quality control at rainwater brewerybob

Case Problem3.1 Quality Control at Rainwater Brewery Bob Raines and Megan Waters own and operate the Rainwater Brewery, a microbrewery that grew out of their shared hobby of making home-brew. The brewery is located in Wh ...

Tom long has been walking on air since the arrival of jenn

Tom long has been walking on air since the arrival of Jenn Smiley, the new inventory control analyst at The long and Short of it (L&S). Jenn has been curing favor with Tom. Tom believes Jenn is infatuated with him. Unfor ...

1 give an example of how target uses psychological pricing

1. Give an example of how Target uses psychological pricing and product line pricing. Does Target's pricing strategy impact where you decide to shop? 2. A retailer has annual sales of $525000 and an average finished-good ...

1 impact of lead time suppose a firm holds a safety stock

1. (Impact of Lead Time) Suppose a firm holds a safety stock of 100 and the current lead time for delivery is 2 days. (a) If the supplier delivers in 8 days, the firm holds a safety stock of ___. [Answer format: integer] ...

When microsoft an industry leader introduced xbox into the

When Microsoft, an industry leader, introduced Xbox into the market, it did so at an initial loss. This case looks at why Microsoft chose to do this and its long-term marketing strategy. The key to developing a marketing ...

Patents provide protection for new products in the

Patents provide protection for new products in the marketplace. Patent protection allows pharmaceutical companies to sell drugs for a number of years without direct competition. This can result in extremely high prices f ...

1 is it really just-in-time if you the consumer can buy any

1. Is it really "just-in-time" if you the consumer can buy any color Toyota right from the dealer’s car lot? Or buy any Apple iPod in any model or color right off the shelf at Best Buy? Why or Why not? 2. Explain and def ...

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