Question: A 1 , 5 0 0 , 0 0 0 SF plant employs 3 0 0 people and produces 2 9 1 , 0 0

A 1,500,000 SF plant employs 300 people and produces 291,000 LCD panel per month. The plant is idle, on average, 2 months each year for maintenance, repairs, and retooling. The plant has fixed costs of $4,000,000 per month and variable costs of $110 per LCD panel. What is the total operating cost for the plant per YEAR? Express your answer in $ to the nearest $1 million.
 A 1,500,000 SF plant employs 300 people and produces 291,000 LCD

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!