Although it will fulfill her lifelong dream, patricia is not confident that demand for her tiny trisha doll will exceed the breakeven point computed in the previous problem. if she chooses a less appealing site and does more of the work by hand, her initial investment cost can be reduced to $12,000, but her per-unit cost of manufacture will rise to $24 per doll. a. what is the breakeven point for this new process? tc=12 000 + 24*v tr stays v*40 new break even: 12 000 +24v = 40v 12 000 = 16v v=750 the new break even point is 750 dolls. b. compare this process to the process proposed on problem 2. for what volume of demand should patricia choose this process?

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.