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Dr. Gulakowicz is an orthodontist. She estimates that adding two new chairs will increase fixed costs by $147,000, including the annual equivalent cost of the capital investment and the salary of one more technician. Each new patient is expected to bring in $2,970 per year in additional revenue, with variable costs estimated at $970 per patient. The two new chairs will allow Dr. Gulakowicz to expand her practice by as many as 190 patients annually. How many patients would have to be added for the new process to break even? The break-even volume is patients. (Enter your response rounded to the nearest whole number.)

Dr. Gulakowicz is an orthodontist. She estimates that adding two new chairs will increase fixed costs by $147,000, including the annual equivalent cost of the capital investment and the salary of one more technician. Each new patient is expected to bring in $2,970 per year in additional revenue, with variable costs estimated at $970 per patient. The two new chairs will allow Dr. Gulakowicz to expand her practice by as many as 190 patients annually. How many patients would have to be added for the new process to break even? The break-even volume is patients. (Enter your response rounded to the nearest whole number.)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Dr. Gulakowicz is an orthodontist. She estimates that adding two new chairs will increase fixed costs by $147,000, including the annual equivalent cost of the capital investment and the salary of one more technician. Each new patient is expected to bring in $2,970 per year in additional revenue, with variable costs estimated at $970 per patient. The two new chairs will allow Dr. Gulakowicz to expand her practice by as many as 190 patients annually. How many patients would have to be added for the new process to break even? patients. (Enter your response rounded to the nearest whole number.) The break-even volume is
Transcribed Image Text:Dr. Gulakowicz is an orthodontist. She estimates that adding two new chairs will increase fixed costs by $147,000, including the annual equivalent cost of the capital investment and the salary of one more technician. Each new patient is expected to bring in $2,970 per year in additional revenue, with variable costs estimated at $970 per patient. The two new chairs will allow Dr. Gulakowicz to expand her practice by as many as 190 patients annually. How many patients would have to be added for the new process to break even? patients. (Enter your response rounded to the nearest whole number.) The break-even volume is
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