Cost and Revenue Curve

Cost and Revenue Curves Simulation A federation smell to be competitive within a given trade mustiness judge the variables closely. In the Cost and Revenue Curves Simulation, group A, could examine the economics involved in managerial stopping point making. This manakin consisted of three sections. The first section presented three states--California, Texas, and Florida--as viable sites for blowup in intersection. All three states compared had the same capabilities for the levels of production presented along with the same obstacles in maximum production. Second, the show showed group A how the choice of state for production, competitive pricing, and environmental factors stab on the economic decisions managers make. Lastly, Team A examined how changes in the grocery store lease can disturb the decisions made. Team A was constitute as chief operating manager for elicit oerbold orange tree Juice Comp some(prenominal) and utilized the simulation to e xamine how company makes decisions based upon woo and revenue over a pointedness of time. Each member of Team A completed the simulation for one of the three choice states. To about accurately and expeditiously complete the simulation, it is important to understand whatsoever of the key foothold used.

Two graphs in the simulation presented the damage and revenue for Farm Fresh Orange Juice along with total produced. The take graph showed the relationship of total court and total revenue to the quantity produced. join cost is the summarize of fixed cost and variable costs at apiece level of side track (McConnell, Brue, & Flynn, p. 161! , 2009). The formula used to detect the total cost is as follows: replete(p) Cost= Total placed be + Total Variable Costs Fixed costs are expenses that do not vary fronting upon the quantity produced, whereas variable costs depend on the production siding. subtle this information permits the Total dough to be determined by subtracting the Total Cost from the Total Revenue at any given quantity output point on the...If you sine qua non to get a amply essay, order it on our website: OrderCustomPaper.com

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