Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

tyygBUSI 3321 - OPERATIONS MANAGEMENT SPRING2020 - IN-CLASS ASSIGNMENT/CH 5 NAME ID 1. Doctor J. is considering purchasing a new blood analysis machine to test

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
tyygBUSI 3321 - OPERATIONS MANAGEMENT SPRING2020 - IN-CLASS ASSIGNMENT/CH 5 NAME ID 1. Doctor J. is considering purchasing a new blood analysis machine to test for leukemia; it will cost S60,000. He estimates that he could charge $25.00 for an office visit to have a patient's blood analyzed, while the actual cost of a blood analysis would be $5.00. a. What would be his profit if he were to perform 5,000 leukemia blood analyses? b. What is the breakeven point? c. What should the retail price be if targeting a profit of $6,000 and quantity of 4000 leukemia blood analyses? d. What would the profit be for a quantity of 8500 leukemia blood analyses? e. What is the breakeven quantity if a profit of $10,000 is targeted? Mohammed Alder Aalbo AaB Aalbo Ab Ab Alb Heading 2 Title Subtitle Sulutem. Emphasis e se - Find 1 Albo Gurite CD Song Replace 2. Given the following data for a make or bey decision Alternative Huy Make Fixed Costs So per year S150,000 per year Variable Costs SIO a. What are total costs to buy AND make a quantity of (a) 15,000 AND(6) 40,000 nits per year? b. What are the profit loss amounts at(a) 15.000 and (b) 40,000 unites? What is the indifference quantity point? d. DRAW AND LABEL A GRAPH SHOWING THE INDIFFERENCE POINT, AND THE MAKE AND BUY DECISIONS OM ch SHMK 10AM, SP 2020 Saved to this PC e Search Help Design Layout References Malings mes New Rom 12 AA AA Review View EES . 2 Aalbox Aalbox Tomal 1 No Spac 3. A firm is considering three capacity alternatives: A, B, and C. Alternative A would have an annual fixed cost of $100,000 variable costs of $22 per unit. Alternative would have l ed costs of $120,000 and variable costs of $20 per wit. Alternative C would have fed costs of 50,000 and variable costs of pri Rave is expected to be seper wat (A) Which sheative has the lowest besk y (B) Which seative will produce the highest profits for w o u (C) Which amative would require the lowest volume of output operate a ? of 10.000 profit of $50.000 Mohammed Aldo prind - AaB Aalbec Ab Ab Ab AD AED AED The Subtitle Subtle Em Imphasis intense. Strong Quote intense 2 Styles 4. Al Sharqiyya is considering whether to pay $50,000 per year to lease a prisoner transfer facility in prime location near Dammam. They estimate it will cost SSO per prisoner to process the paperwork at this new location. Al Shariyya ispala 575 commission for each new prisoner they process a. What would be the Al Sharqiyya's annual profit if they were to process 4,000 prisoners per year this new locatie? What is the breakeven point

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Journey Into Auditing Culture

Authors: Grant Thornton United Kingdom, Susan Jex, Eddie J. Best

1st Edition

1634540565, 978-1634540568

More Books

Students also viewed these Accounting questions

Question

an element of formality in the workplace between different levels;

Answered: 1 week ago