The manager of a car wash must decide whether to have one or two wash lines. One
Question:
The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $ 6,000 a month, and two lines will mean a fixed cost of $ 10,500 a month. Each line would be able to process 15 cars an hour. Variable costs will be $3 per car, and revenue will be $5.95 per car. The manager projects an average demand of between 14 and 18 cars an hour. Would you recommend one or two lines? The car wash is open 300 hours a month.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
Given R 595car v 3car Fixed Cost for one line 6000month Fixed Cost for two lines 10500month each lin...View the full answer
Answered By
Jeff Omollo
As an educator I have had the opportunity to work with students of all ages and backgrounds. Throughout my career, I have developed a teaching style that encourages student engagement and promotes active learning. My education and tutoring skills has enabled me to empower students to become lifelong learners.
5.00+
5+ Reviews
42+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
Tire manager of a car wash must decide whether to have one or two wash lines. One line will have a fixed cost of $4,000 a month, and two lines will have a fixed cost of $7,000 a month. Each line...
-
The figure below shows the flow of a car wash process that has three stations; vacuum, wash, and dry. The numbers in parentheses are the times in minutes for each step of the process. Answer parts a,...
-
A company must decide whether to provide their salesmen with company-owned automobiles or to pay the salesmen a mileage allowance and have them drive their own automobiles. New automobiles would cost...
-
While a CEO may put pressure on a management accountant to present the financial statement which presents the company in the "best possible light", the management accountant has an obligation to...
-
Write the part program to drill the holes in the part shown in Figure P7.26. The part is 12.0 mm thick. Cutting speed = 100 m/min and feed = 0.06 mm/rev. Use the lower left corner of the part as the...
-
Each of the following represents different client requests for engagements related to WebTrust and SysTrust assurance services. a. Ware Hospital Systems, Inc. is in the process of developing a new...
-
prototype is an early sample, model, or release of a product that is built to test a concept or a process. The idea is to show the sample or model to potential users and then use their feedback to...
-
Prescott Industries transports sand and stone extracted from its open-pit mines located in Odessa and Bryan to its concrete block manufacturing facilities in Abilene, Tyler, and San Angelo. For the...
-
QUESTION 3 (20 MKS) a) Obtain the time-independent Schrodinger Wave equation from the time dependent equation. [10 mks] b) Solve the time-independent Schrodinger equation given that,(x) = Aekx [10...
-
A Global private bank is aggressively looking to leverage technology to improve customer experience and reduce operational costs. Over the last few years, it has tied up with at least five startups...
-
A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $ 2,000 per day, while two machines...
-
The following diagram shows a four- step process that begins with Operation 1 and ends with Operation 4. The rates shown in each box represent the effective capacity of that operation. a. Determine...
-
This problem gives some idea of the magnitude of the energy yield of a small tactical bomb. Assume that half the energy of a 1.00-kT nuclear depth charge set off under an aircraft carrier goes into...
-
From 2005 to 2021, Randy worked for KY-Tech Inc. As part of his compensation package, in 2017 KY-Tech Inc. offered Randy the opportunity to purchase up to 1000 shares of KY-Tech Inc. common stock for...
-
"time value of money." Please provide three (3) specific examples of ways in which the time value of money impacts either specific strategic tax/financial planning decisions we have discussed or...
-
Stu is opening up a new computer service store. During November and December of 2022, he paid $20,000 in rent, $20,000 in advertising, and $20,000 in consulting. The doors to the company will open on...
-
Emma Waterford is an engineer employed by Construct Pty Ltd. Emma's remuneration package includes: Salary of $90,000 per annum A company mobile phone valued at $1,800, used mostly for...
-
After making 30 payment of 498.47 on your car loan, you wanted to find out how much is left of your original 5 years loan at 4.1% compounded of 27000. What is the amount of the remaining balance of...
-
Find a power series representation for f, and graph f and several partial sums s n (x) on the same screen. What happens as n increases? f(x) = x/x 2 + 16
-
The cash records of Holly Company show the following four situations. 1. The June 30 bank reconciliation indicated that deposits in transit total $720. During July, the general ledger account Cash...
-
With regard to thickness and length, what do you think chromosomes would look like if you microscopically examined them during interphase? How would that compare with their appearance during...
-
Explain each of these methods: a. The plan-do-study-act (PD SA) cycle b. The 5W2H approach
-
List the steps of problem solving.
-
Is there a specific set and sequence of basic quality tools used in problem solving/continuous improvement? Compare the Improvement of Free-throw Shooting, and Honda OM in Actions in this regard.
-
An acrobat is launched from a canon at angle of 60 above the horizontal. The acrobat is caught by a safety net mounted horizontally at the height from which he was initially launched. Suppose the...
-
Discuss how a firearm and ammunition use both potential and kinetic energy.
-
At time t = 0 a particle is at position s = ( 2 ; 0 ) with velocity v = ( 0 ; 6 ) . Its acceleration is given by a = - 1 8 ( cos 3 t; sin 3 t ) . What is the trajectory of the particle? What are the...
Study smarter with the SolutionInn App