Jim Jones, an industrial engineer from Tech, has improved the manufacturability of an existing product at MKBK Manufacturing Inc. in Cookeville. The improvement has resulted in a 10% reduction in processing time from 100 minutes to 90 minutes. However, the method requires an investment of $5,000. The product will be made at the rate of 4,000 for the first year and will be increased at the rate of 500 for the next three years. To justify the $5,000 investment, determine how much the reduction in processing time per hour is worth in dollars?

Which of the following statements accurately describes how costs and benefits are calculated?

Henry crouch's law office has traditionally ordered ink refills 7070 units at a time. the firm estimates that carrying cost is 4545% of the $1212 unit cost and that annual demand is about 245245 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal? its action would be optimal given an ordering cost of $nothing per order (round your response to two decimal place

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)