Operations Management Homework Practice Assignment Profit Planning

Question:

A company wants to achieve a target profit of $\backslash (\backslash$$ $50,000\backslash ).$ The product sells for $\backslash (\backslash$$ $25\backslash )$ per unit, the variable cost is $\backslash (\backslash$$ $10\backslash )$ per unit, and fixed costs are $\backslash (\backslash$$ $200,000\backslash ).$

$-$ a$)$ How many units must the company sell to achieve the target profit?

$-$ b$)$ Calculate the required sales revenue to achieve the target profit.

Graph Required: A line graph showing the required sales for target profit.