Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Funny-Stay Home (FSH) is an Instagram business. It has been lunched just on February 2020 as.a. result of the COVID 19 crisis. Mona,
The Funny-Stay Home (FSH) is an Instagram business. It has been lunched just on February 2020 as.a. result of the COVID 19 crisis. Mona, the owner of the business needs your help and consultation to take a decision either to continue on her business or withdraw. The following are some information have been collected based on the previous two months' activities: Game PRICE PRODUCTION COST Destination DEMAND/MONTH SNAKES AND 6 3 ISA TOWN 20 LADDERS LUDO 10 4 MANAMA 12 MONOPOLY 8 4 ISA TOWN 5 CHEES 25 10 HAMAD ROWN 6 UNO 11 4 MANAMA 10 SCRABBLE 12 5 HAMAD ROWN 17 DELIVERY AREA COST(BD) The monthly fixed cost includes the electricity, internet and the store rents are estimated to be BD 100. MANAMA 2 ISA TOWN 3 Use the above information to: HAMAD ROWN 5 1- Fixed cost company should focus 100 2- Calculate the monthly profit of the company? Based on their revenue, on which product the 3- Based on their revenue, on which area demand the company should focus 4- How much demand for all product they should get in order to reach a profit of BD1300 with the following restriction on production Game SNAKES AND LADDERS LUDO MONOPOLY CHEES UNO SCRABBLE Max production 25 15 10 10 20 25 5- The company decided to sell the product to the three destinations, how much they should sell to get a revenue of BD2000. Note that the company can't sell more then 50 units in each destination 6- How much they can sell from each product in each destination to achieve a profit of BD2000. The revenue generated from Hamad Town should not exceed BD1000.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To answer the questions and provide the necessary calculations lets analyze the information provided Monthly Profit Calculation To calculate the monthly profit we need to consider the revenue generate...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started