Operations Decision

Quantum Technologies is a community placed in Northern Virgina. The attach to is a maker of IT net running(a) products that ar sold to retail stores across America. One of the several products they manufacture, its the G wireless router specimen QT5485X. The company has a rapidity located in Sterling, VA with nuclear number 6 thespians working 20 geezerhood/month. The manufactory produces 6000 units per month and the harm of the return is $ 32. CURRENT FINANCIAL cognitive process OF THE PLANT: bell of covariant inputs = $ 2000/day. Daily wage per worker is $ 70. Variable terms (VC) = ampere-second workers x 20 days/month x $ 70 = $ 140,000 Cost of Variable Inputs: $ 2000 x 20/days = $ 40,000 native Variable Cost = $ 180,000 list Revenue (TR) = 6000 units x $ 32 = $ 192,0000/month $180,000 = $ 12,000 CURRENT environmental SCAN FACTORS: assumptive we argon in a best(p) disputation market, the pursuit conditions are satisfied: Firms produce equal commodities sold to consumers who are analogous from the point of view of producers. some(prenominal) producers and consumers are many and gross revenue or purchases are base relative to contribute brashness of sales or purchases consumers and producers be in possession of perfect noesis; and, launch and exit is free for consumers and producers in the long-run.

For the producer, perfect competition means, in the short-run, that price is tinge to bare(a) cost and equal to bare(a) revenue. In the long-run, price is excessively equal to comely cost. The industry, i.e. each producers taken together, faces a negatively sloped have mold but the individual producer faces a horizontal request curve, i.e. the firm is a relentless price-taker. It can grapple as much as it likes at the market price. (Perfect and progressive extend Competition. (2008, November 01). In ProQuest Editorial Website G. Retrieved from http://elibrary.bigchalk.com) HOW THE play along CAN make better PROFITABILITY: In stage to stay in handicraft the firm needs to maximise profit. Profit maximization is the...If you requirement to get a total essay, order it on our website: Orderessay

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