Latasha Thomas January 20‚ 2013 HSM 260 Jerome Anderson Exercise 10.1 Recompute fixed costs‚ variable costs‚ and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? The variable cost of service is $3.93 during the fiscal year the WHDM should provide 1‚011 meals to reach their
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Whatever McDonalds makes whether its 100 or 10‚000 products‚ these cost must be paid. Variable cost – these are costs that change depending on McDonalds output. So if McDonalds makes a burger it will have varying requirements for amounts of bread‚ meat‚ fish‚ cheese and lettuce head will depend on how many burgers the make. Break –even point Businesses can use the calculations that they make of fixed costs‚ variable costs and sales to work out the point at which their costs equal their sales. This
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Types of Variables Binary variable Obsevations (i.e.‚ dependent variables) that occur in one of two possible states‚ often labelled zero and one. E.g.‚ “improved/not improved” and “completed task/failed to complete task.” Usually an independent or predictor variable that contains values indicating membership in one of several possible categories. E.g.‚ gender (male or female)‚ marital status (married‚ single‚ divorced‚ widowed). The categories are often assigned numerical values used as lables
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The Case of Variable Laminates Name Grantham University Abstract A plywood manufacturer has tasked me with finding a solution to their problem regarding the inconsistency of their laminate cutting process. In order to find out where the problem lies‚ I will use an experimental design. Experimental design is a formal plan that details the specifies for conducting an experiment‚ such as with responses‚ factors‚ levels‚ blocks‚ treatments and tools to be used (Sower‚ 2011‚ p. 155)
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extraneous variables by using random assignment to experimental conditions and sometimes also by incorporating direct control and/or blocking into the design of the experiment. Each of these strategies—random assignment‚ direct control‚ and blocking—is described as follows; A researcher can directly control some extraneous variables. In the calculus test example‚ the textbook used is an extraneous variable because part of the differences in test results might be attributed to this variable. We could
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Dora McKinney Hsm/260 Week 4 Instructor: Greg O’Donnell Fixed Costs‚ Variable Costs‚ and Break-Even Point Exercise 10.1 Month Meals Served Total Costs July 3‚500 $20‚500 Low August 4‚000 22‚600 September 4‚200 23‚350 October 4‚600 24‚500 November 4‚700 25‚000 December 4‚900 26‚000 High In dealing
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What are Segmentation Variables? To understand what segmentation variables in marketing are‚ it helps to first know what market segmentation is. Market segmentation is the analysis of population demographics so they can be categorized in specific ways. These specific ways of categorization in market segmentation are why segmentation variables are needed and used. Four (4) groups of Segmentation Variables – 1. Geographic segmentation is based on variables such as: • Region: this kind of
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Overall I enjoyed the counseling the chemically dependent family class. I learned more about family systems approaches‚ and techniques for working with chemically dependent families. Throughout this counseling program we have been learning how to work with individual clients. This class was interesting because it involved the identified client and their entire family‚ while looking at these individuals in a systemic view. Throughout the course we had numerous course assignments to complete. In doing
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figure in a woman’s childhood years can have a huge effect on what kind of woman she will become. It’s a proven fact that 67% of women who grow up without having a mother figure in their daily life‚ tend to mature into strong‚ self sufficient‚ and independent women (Sparks 321). In other words‚ women who grow up in stable households‚ complete with both mother and father figures‚ mature into being more so often then not‚ dependant women. These "dependant" women aren’t constantly relying upon others
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for (a*X^2) + (b*x) + c: >> syms a b c x % define symbolic math variables >> f = sym(’a*x^2 + b*x + c’); From now on we can use the f symbol to represent the given function. Evaluation of Symbolic Expressions The keyfunction subs (which stands for substitute) is used to replace symbolic variables with either new symbolic variables or with acutal values.
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