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based on On the limitation in picture 2 what is the minimum amount of profit and footage on average a crew is able to install
based on On the limitation in picture 2 what is the minimum amount of profit and footage on average a crew is able to install per month
Happy Sharks Limited is thinking about purchasing fiber optic directional boring equipment for its construction operations. The new equipment would cost $10000 and they have obtaining financing at 10% for 3 years compounded monthly (hint: percent divided by total number of months). In order for it to be $10000 and they have obtaining financing at 10% for 3 years compounded monthly hour with an overhead factor of 1.9. A dump truck to haul the material and equipment at 15 per hour. Material which would be $3 per foot. for the fixed costs. Continuing Question 1. Combining the month fixed costs in problem 1 and assuming X is the variable unit (y=mx+b), write an equation for the costs. If Happy Sharks Limited is able to bill the client $20 per foot for fiber optic conduit installed, how many feet of fiber optic conduit must be installed over the course of a month to break-even? If Happy Sharks Limited wants a profit of $75,000 for that crew over the course of a mionth, how much fiber optic conduit must be installed? If the crew can only install 800 feet of conduit, on average, per day (assume 5 day work week and 4.25 weeks per month), is the crew able to meet the break-even amount and the $75,000 profit amount? Negative profit is a possibility. Happy Sharks Limited is thinking about purchasing fiber optic directional boring equipment for its construction operations. The new equipment would cost $10000 and they have obtaining financing at 10% for 3 years compounded monthly (hint: percent divided by total number of months). In order for it to be $10000 and they have obtaining financing at 10% for 3 years compounded monthly hour with an overhead factor of 1.9. A dump truck to haul the material and equipment at 15 per hour. Material which would be $3 per foot. for the fixed costs. Continuing Question 1. Combining the month fixed costs in problem 1 and assuming X is the variable unit (y=mx+b), write an equation for the costs. If Happy Sharks Limited is able to bill the client $20 per foot for fiber optic conduit installed, how many feet of fiber optic conduit must be installed over the course of a month to break-even? If Happy Sharks Limited wants a profit of $75,000 for that crew over the course of a mionth, how much fiber optic conduit must be installed? If the crew can only install 800 feet of conduit, on average, per day (assume 5 day work week and 4.25 weeks per month), is the crew able to meet the break-even amount and the $75,000 profit amount? Negative profit is a possibilityStep by Step Solution
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