The total cost of the factory will be the sum of its variable costs and it's fixed costs. The factory has fixed costs of $53,900 and variable costs of $12.50 per unit produced. Let
be the number of toy's produced by this Toby's Tiny Toys, then the total variable costs will be
. From this information we can gather that the cost function for this factory is,

On the other hand, if we let
be the number of toys sold, we can gather that at the selling price of 16.50, the revenue function will be ,

Toby's Tiny Toys will reach their break even point when the total costs are equal to the total revenue. At this break even point ,we have that

The company has to sell 134 750 units to break even.
Let's start by tidying up that equation and put it into slope-intercept form (y = mx + b); from there, we can plug in coordinates.

Let's use the distributive property on the right side:

Now add 4 to both sides

Which simplifies to:

Since that's the equation of our line, now we can plug in coordinates and see what it churns out.
We know that the x-coordinate of P = 4 so let's substitute 4 in for x and calculate the y-coordinate:



So the y-coordinate for point P =
10
use calculator to get 43/19=2.263157...
rounded to the nearest hundredth: 2.26
Answer:
11
Step-by-step explanation:
8.7A+10=105.7
8.7A=95.7
A=11
Answer:
The WIP limit is 0.50 days.
Step-by-step explanation:
The Computation of WIP limits:
to begin with, it is required to compute the process and procedure efficiency which will be computed as follows:
Value Added Time = 12 days (arriving time)
Non-Value-Added Time = 12 days (departure time)
Efficiency = Value Added / (Value Added + Non-Value Added)
= 12 / (12+12)
= 12 / 24
= 0.50 or 50%
the most obligatory throughput time will be 0.25 days to realize the profits
WIP limit = Throughput time / Efficiency
= 0.25 / 50%
= 0.50 days.
The WIP limit is 0.50 days.