Question: table [ [ Domestic Supplier,Oversea Supplier ] , [ Payment for storage $ 2 0 , 0 0 0 , Payment for storage ]

\table[[Domestic Supplier,Oversea Supplier],[Payment for storage $20,000,Payment for storage],[Payment for material 27,000,Payment for material],[Electricity, phone & internet services $3000.00,Electricity, phone & internet services],[Bought machine $185,000.00,Bought machine],[Employs 4000 labor@ $25.00 per labor,Employs 4000 labor @],[Borrowed 300,000@15%interest,Borrowed]]
Given the above information in table 1 above, if the domestic supplier has a failure probability of .025 to deliver the product: while the over sea supplier have .25% failure probability to supply
a. List and itemize the fixed input and cost. How much is Total Fixed Cost?
b. List and itemize the variable input and cost. How much is Total Variable Cost?
(6points)
c. What is the expected value and variance of the profit if this supplier chosen?
 \table[[Domestic Supplier,Oversea Supplier],[Payment for storage $20,000,Payment for storage],[Payment for material 27,000,Payment

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!