Explain the concept of Preventive cost and Failure cost. Explain with a graph. (Minimum 100 words) What is Optimal Cost? (Minimum 40 words) Explain why Optimal cost is not the optimal place for making maximum profit? (Minimum 50 words)
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- Explain the concept of Preventive cost and Failure cost. Explain with a graph. (Minimum 100 words)
- What is Optimal Cost? (Minimum 40 words)
- Explain why Optimal cost is not the optimal place for making maximum profit? (Minimum 50 words)
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- Please do not give solution in image format thanku Answer these Multiple Choice Questios: 6) Which of the following could be consideration to meet this important contracting requirement in exchange for a concert ticket worth $50? a) A mere peppercorn will do! b) $50 cash c) a video game originally purchased for $35 d) All of the aboveeconomics Which of the following would decrease the demand for grape jelly? a. a decrease in the number of sellers of peanut butter, a complementary good b. an increase in technology used to produce peanut butter, a complementary good c. a decrease in the buyers' expected price of jelly d. both a) and c) are correct e. none of the above is correct18. An Estimate price, which is expected to be paid by the customer for a particular market offering is classified as____ a. Target Price b. Target service c. Target Cost d. Target Product
- b. If management has been offered the option of a temporary lease while the town planning board considers the motel's application, would you advise management to sign the lease? The lease will cost $40,000. X Answer is not complete. because the cost than EVPI Yes less is ofIdentify the Pricing Objective and the Demand of Reusable Facemask with high-quality materials. Can this be an alternative for disposable facemask? See the picture for the feature of the facemask. 1. Selecting Price Objective 2. Determine the Demand (Pandemic)6-8 sentences, please.Topic: advantages of target return price Please explain thoroughly the photo attached and give examples. Note: please don’t repeat answer, the first answer was not even helpful. Thank you
- Required Information [The following information applies to the questions displayed below.] Professor John Morton has just been appointed chairperson of the Finance Department at Westland University. In reviewing the department's cost records, Professor Morton found the following total cost associated with Finance 101 over the last five terms: Term Fall, last year winter, last year Summer, last year Fall, this year winter, this year Professor Morton knows there are some variable costs, such as amounts paid to graduate assistants, associated with the course. He would like to have the variable and fixed costs separated for planning purposes. Total Cost (in dollars) 16,000 14,000 12,000 10,000 Required: 1. Prepare a scattergraph plot. (Plot total cost on the vertical axis and number of sections offered on the horizontal axis.) Instructions: 1. On the graph below, use the point tool (Fall last year) to plot number of sections offered on the horizontal axis and total cost on the vertical…42) Revenue management decisions-like other pricing and revenue optimization decisions- are usually based on maximizing expected net contribution. Is this sentence valid A. False B. True C. Not applicable D. None of the aboveSHORT ANSWER - Linear programming model (Management Science)
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