Happy Pets Vet Clinic is considering renting a self-contained blood analysis machine for $500 a month, which would also require it to purchase the cartridges required for blood testing at $45 each. Happy Pets Vet Clinic treats an average of 20 dogs or cats a month requiring blood tests. (Happy Pets is currently sending these blood samples away for testing.) What is the minimum that Happy Pets Vet Clinic can charge its customers for blood tests to break even on the rental of the self-contained blood analysis machine?
Happy Pets Vet Clinic is considering renting a self-contained blood analysis machine for $500 a month, which would also require it to purchase the cartridges required for blood testing at $45 each. Happy Pets Vet Clinic treats an average of 20 dogs or cats a month requiring blood tests. (Happy Pets is currently sending these blood samples away for testing.) What is the minimum that Happy Pets Vet Clinic can charge its customers for blood tests to break even on the rental of the self-contained blood analysis machine?
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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Transcribed Image Text:Happy Pets Vet Clinic is considering renting a self-contained blood analysis machine
for $500 a month, which would also require it to purchase the cartridges required for
blood testing at $45 each. Happy Pets Vet Clinic treats an average of 20 dogs or cats
a month requiring blood tests. (Happy Pets is currently sending these blood samples
away for testing.) What is the minimum that Happy Pets Vet Clinic can charge its
customers for blood tests to break even on the rental of the self-contained blood
analysis machine?
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