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- Need within 1 hour please...What is a cost reduction?Quantity/Output Total Fixed Cost Average Fixed Cost Total Variable Cost Average Variable Cost Total Cost Average Total Cost Marginal Cost (units) (dollars) (dollars) (dollars) (dollars) (dollars) (dollars) (dollars) 0 $50 $0 10 $50 $20 25 $50 $40 45 $50 $60 60 $50 $80 70 $50 $100
- which quote best represents a person performing a cost-benfit analysis?Table 3 Average cost per discharge 2500 Cost center 5000 7500 10,000 15,000 20,000 discharges discharges discharges discharges dischares discharges (100 beds) (136 beds) (200 beds) (270 beds) (310 beds) (440 beds) Hospital administration 1.64 1.24 1.08 1.0 0.93 0.90 Public relations 1.12 0.98 0.97 1.0 1.03 1.07 General accounting Communications 1.68 1.24 1.08 1.0 0.91 0.90 1.64 1.22 1.07 1.0 0.94 0.94 Purchasing Patient accounts Data processing Credit and collectÍon Medical records +32 1.0 104 1.24 1.08 1.01 1.0 1.0 1.02 1.0 0.92 0.93 1.0 1.10 1.21 +24 106- T.04 1.32 1.10 1.03 1.0 0.97 0.96 Printing and duplication 1.04 Personnel 1.02 1.01 1.0 0.98 0.97 1.32 1.06 1.0 1.0 1.02 1.06 Cafeteria 1.48 1.20 1.07 1.0 0.93 0.90 1.32 1.03 Laundry Housekeeping 1.12 1.0 0.97 0.96 1.40 1.14 1.04 1.0 0.96 0.89 All cost centers 1.36 1.10 1.03 1.0 0.99 0.99As part of its bankruptcy restructuring, General Motors (GM) launched an ad campaign that revealed glimmers of a streamlined GM: fewer brands (Cadillac, Buick, Chevrolet, GMC) and fewer models within each brand A. What research would you have done to determine which vehicle models GM should retain and which it should drop? B. What would you have measured and with what type of measurement scale?