A firm is manufacturing the new product. The firm expects a linear function for its revenue on the product. Their staffs, however, didn't properly consider how the cost function would vary as a function of production rate. As a result, the firm was losing money at a high production rate. Therefore, you can describe this point to most likely be: a) Past the profit limit b) before reaching the break-even point c) The point after which the total revenue equals the total cost d) a and b

Q: Finance manager does not have to deal with other functional department   Select one: True False

A: Finance manager does not have to deal with other functional department- False

Q: A firm is currently taking on two projects with an individual cost of capital of 10 percent and 12…

A: Cost of capital can be defined as the rate of return which is expected by the firm from its…

Q: A firm has monthly average costs, in dollars, given by 42,000 C= + 300 + X where x is the number of…

A: The average cost is:  C=42,000x+ 300 + x The production is limited =500 units per month The firm can…

Q: Below are the production demands for the first four months of the year. What is the 4 month moving…

A: The process of forecasting entails creating predictions based on historical and current data. These…

Q: If the yield on long-term instruments is greater than the yield on comparable short-term…

A: Yield curve is a graphical representation of the return on investment over a period of time  It…

Q: Compute the steady-state matrix of the stochastic matrix. 1 1 1 0 8 4 1 0 0 1 3 0 0 0 4 12 0 1

A:

Q: Give typing answer with explanation and conclusion Your estimate sales volume is CAD 120,000 (per…

A: Given: Yearly sales volume = CAD 120,000 Industry average sales per square foot (per month) = CAD…

Q: 34 The analysis tool that lists products in descending order of their individual dollar…

A: Product-by-value analysis is a strategic tool used by businesses to evaluate and prioritize their…

Q: The seven-month demand for product X is as follows: 500; 6,000; 2,000; 1,500; 4,000; 5,500; and…

A: Month Demand 1 500 2 6000 3 2000 4 1500 5 4000 6 5500 7 6500

Q: How to put this on a graph   y-axis: Total cost/revenue in dollars x-axis: Quantity of units sold…

A: In a business there are certain types of expenses of costs incurred for the production of goods and…

Q: Performance cycle uncertainty has the following trait: Multiple Choice the larger the variance to…

A: This trait suggests that uncertainty in the performance cycle (such as in project management or…

Q: As part of their responsibilities, all managers get involved in planning, scheduling, and monitoring…

A: Management functions refer to the fundamental activities that managers perform in organizations to…

Q: full explanation please do.

A: Step -1Option ( b) is correct answerNew firms will enter the market decreasing price and…

Q: A Manufacturing company uses the cost formula Y = 5,000 + BHD 0.40x for the maintenance cost in…

A: ANSWER : Y = Bhd 5,000 + 0.40x 10,000 hours Y = 5,000 + 0.40x ( 10,000) Y = 5,000 + 4000

Q: a. b. C. d. e. Compute the quality productivity ratio and product cost per pair. Assuming the same…

A: The term productivity represents the efficiency of the process and resources used for producing…

Q: If ​$1,300 grows to ​$1,544 in 4 ​years, determine the interest rate over that period.   The…

A: Interest is the rate at which interest is paid or deposited on the principal amount over a specified…

Q: True or false? The Recreation segment is willing to pay more than the Speed segment. O True False…

A: 1) The Recreation segment and the Speed segment are two different segments in the market, and they…

Q: The balanced scorecard (BSC), originated by Kaplan and Norton, represents a technique used in the…

A: The term balanced scorecard (BSC) alludes to a strategic management performance metric used to…

Q: Andrea Dawson, a sandwich vendor at her town's annual Hard Rock Festival, created a table of…

A: Decision Making With Probabilities – This is  ‘decision Making under Risk’.  We do not know which…

Q: In 2011, the fixed costs of a company were $500,000, and its variable costs equaled $150,000. In…

A: Introduction:- Price of the product is mainly decide by the cost of the product. Cost refers to the…

Q: The basic objective of the purchasing function is: Select one: To procure the raw materials at the…

A: The basic objective of the purchasing function is to provide required inputs materials and reduce…

Q: Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her…

A: Cost per units broomstick (A)=25 pesos Mark up= 50% Sell per day (D)= 30 broomstick

Q: Which one of the following is not considered an assumption of cost-volume-profit analysis? O a.…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Random events intro occasional defective statement true or fa Select one: O a. False O b. True

A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…

Q: A local factory assembling calculators produces 400 units per month and sells them for P1,842 each.…

A: Production = 400 units per month Selling price (P) = P1842 per unit Fixed cost (F) = P50825 Variable…

Q: Porter's competitive forces model is not specific about which strategy to use True O False

A: p’s five force model  competition in the industry the potential of new entrants  power of suppliers…

Q: A book publisher has i xed costs of $300,000 and variable costs per book of $8.00. Thebook sells for…

A:

Q: What is the five-number summary of the annual revenues for Company A? Min= Q₁ = Q₂ = Q3 = (Type…

A: Annual revenue refers to the total amount of money earned by a company or organization over the…

Q: how many additional units of X2 will be required

A: Given: dX1 =-2, MRTS = -4 The technical rate of substitution between factors X2 and X1 can be…

Q: 1. Buskin's Donuts can make donuts for $0.25 each with their current equipment. They could purchase…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Define and describe the core principle of Goldratt's Theory of Constraints performance (TOC)…

A: The theory of constraint refers to the philosophy of management developed by Eloiyahu M goldratt.…

Q: Stanley Black & Decker produces drills at a manufacturing cost of $53/drill. Defective units can be…

A: Given, Manufacturing cost = $53 / drill Defective units rework cost = $22 / drill Good products % =…

Q: 7.28. A plant's production function is Q = 2KL + K. For this production function, MPg=2L +1 and MP =…

A: Given: Q= 2KL+ Kw= $4r = $5

Q: Samoto Limited (SL) relies on an external supplier for production capacity. In order to gain access…

A: First, we have been provided with the following information about the net profits:   High Demand…

Q: As part of their responsibilities, all managers get involved in planning, scheduling, and monitoring…

A: Option True: This option is correct. Managers typically get involved in planning, scheduling, and…

Q: A firm practices a pure chase strategy. Production last quarter was 818. Demand over the next four…

A:

Q: a) As a senior production manager what managerial actions you should take to control the situation?…

A: Production managers guarantee that manufacturing processes run dependably and efficiently.

Q: A company evaluate its hiring cost is RM150 per worker and layoff cost is RM200 per worker.…

A: Given data is Hiring cost = RM150 Layoff cost = RM200 Current number of workers = 20 Forecasted…

Q: (2) A company sells its products for $50 per unit. It has annual fixed cost of $300,000 and variable…

A: Selling Price per unit = SP = $50Annual Fixed Cost = FC = $300,000Variable Costs per unit = VC =…

Q: As part of their responsibilities, all managers get involved in planning, scheduling, and monitoring…

A: The concept of effective management revolves around the ability of leaders to efficiently utilize…

Q: The price paid for a product is based on the that the customer will receive of the and not…

A: Customer introduction involves providing information or details about a customer to establish their…

Q: Buskin’s Donuts can make donuts for $0.25 each with their current equipment. They could purchase a…

A: By comparing the market price of an asset to its initial cost, the breakeven point (break-even…

Q: Tax Revenue ($) Refer to the above Laffer Curve diagram. Going into the sluggish U.S. economy of the…

A: The current option: some level above tax rate b. Because in the early 1980s, the highest marginal…

Lean Production

The word lean refers to the “slim “that is used in manufacturing for the systematic designing that focuses on minimizing the waste in the manufacturing or production with the constant productivity of the operation. Lean manufacturing was rooted from Toyota Production system a Japanese manufacturing company that works on the approach of minimizing the non-value-added activities and making the production lean.