6.2a The objective of this problem is to found the price charged by Peter. Firstly‚ the below table illustrate all P‚ TR‚ TC‚ MR and MC when there is different Number of member served (Q). No. of member served (Q) Price per member(P) Total revenue (TR) Total cost (TC) Profit Marginal revenue (MR) Marginal cost (MC) 1 400 400 190 210 400 190 2 380 760 380 380 360 190 3 360 1080 570 510 320 190 4 340 1360 760 600 280 190 5 320 1600 950 650 240
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Introduction: Facial expressions are being brought on to the public eye more and more due to media exposure (as psychology is entering public domain interest‚ this is even more particularly found in facial expressions reading) Authors like Malcolm Gladwell that have wrote for the prestigious journal “The new Yorker” state that some people have an uncanny ability to spot liars or border lining mind reading (such as the title indicates “The naked face: Can you read people’s thoughts just by
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present lot size what is the annual inventory cost?) Also‚ separately identify‚ the annual cost of purchasing the inventory‚ the annual holding cost (AHC) and annual ordering cost (AOC). DC = $ 2‚600‚000 AOC = $ 4‚727.27 AHC = $ 33‚000 TC = $ 2‚637‚727.27 Using the Economic Order Quantity (Q=EOQ) Calculate EOQ. (USE A WHOLE NUMBER‚ NO DECIMALS) EOQ = 416 Using the calculated EOQ‚ How often will orders be placed? Weeks. DO NOT ROUND (Show
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$_________. c. The optimal level of the activity is ________ units. At the optimal level of activity‚ marginal benefit is $_________ and marginal cost is $__________. The total benefit (TB) and total cost (TC) functions for the activity are: TB = 2‚500A 10A2 TC = 500A + 15A2 where TB and TC are measured in dollars. d. For the optimal level of the activity in part c‚ the total benefit is $_________‚ the total cost is $_________‚ and the net benefit is
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LC 131Z - TCS Teamwork Reflection Journal 3 Topic: Working In A Team Venkatachalam Kaleswari (P0969172) Course: Diploma in Bioelectronics Class: DBE 1B01 1. Among the 7 teamwork tips listed in the article‚ which 3 do you think are the most important‚ and why? Explain your choices by elaborating on your teamwork experiences in SP so far (eg. for IDEA‚ IE‚ TCS). The most important tips are: Never miss a meeting: To ensure not to miss out any discussion/conversation or information that
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more money is left over for other operating expenses and net profit. A low gross profit margin ratio means that the business generates a low level of revenue to pay for operating expenses and net profit. ANALYSIS: Value of Gross Profit Margin for TCS FY2013 : 28.12 Value of Gross Profit Margin for Infosys FY2013 : 37.35 The gross profit margin for the company ‘Infosys’ is high. This metric can be used to compare a company with its competitors. More efficient companies will usually see
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line) is a Total Cost of production line that recognizes all combinations of two resources that a firm can use‚ given the Total Cost (TC). Moving up or down the line shows the rate at which one input could be substituted for another in the input market. For the case of Labor and Capital‚ the total cost of production would take on the form: TC = (WL) + (RK) TC= Total Cost‚ W= Wage‚ L= Labor‚ R= Cost of Capital‚ K= Capital Example: A company producing widgets encounters the following costs-
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the words play the heralding role expressing my gratitude. I am indebted to my project guide‚ for her support and guidance. I would sincerely like to thank her for all her efforts. I would also like to thank the employees of Tata Infotech‚ HCL and TCS‚ for sparing their valuable time so as to make this project a truly learning experience. I would like to thank my University‚ for giving its students a platform to abreast with changing business scenario‚ with the help of theory as a base and practical
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$207.85 and the Annual Holding Cost‚ HC(Q ): * ⎡ Q * ⎤ ⎡ 34.64... ⎤ HC Q * = ch ⎢ ⎥ = (0.20 )(60 )⎢ ≈ $207.85 ⎣ 2 ⎥ ⎦ ⎣ 2 ⎦ ( ) Consequently‚ we can compute for the Annual Total Cost at the Economic Order Quantity‚ TC(Q ): * TC Q * = OC Q * + HC Q * = $207.85 + $207.85 ≈ $415.69 ( ) ( ) ( ) Sample Inventory Problems 2. What will happen to the Economic Order Quantity if the ordering cost increases to $20 per order? If the ordering cost increases from
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The Variable Cost Function is represented by the equation: VC = 18Q – 2.7Q2 +0.15Q3 Where Q is the quantity of Cars produced in a batch. The Fixed Costs relevant to the model are $ 30‚000 /-‚ Thus FC = 30 (since all units are in thousands) Therefore‚ TC = FC + VC = 30 + 18Q -2.7Q2 +0.15Q3 Table 1: Unit Costs as a Function of the
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