Economies and diseconomies of scale at a college environment are to be discussed. Concept Introduction: Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit. Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

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Answer 1

Question

Chapter 10, Problem 1DQ

Summary Introduction

Interpretation:Economies and diseconomies of scale at a college environment are to be discussed.

Concept Introduction:Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit.

Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

Expert Solution & Answer

Explanation of Solution

Economies of Scale in College Environment

Enrolling the maximum number of students per batch covering up full capacity of a classroom. This will minimize the additional costs such as A/C, electricity, water and also other costs such as staff overtime payments and so on.
Exams to be conducted for several batches at once, this will also help the business in gaining the cost advantage by saving the A/C, electricity, water and also other costs such as staff overtime payments in correcting the papers as well as in releasing the results.
Holding graduation ceremonies for several batches is essential as it will give the ability to cover up the huge costs that will incur due to such ceremonies.

Diseconomies of Scale in College Environment

Allocation of large classrooms for a lecture that has a considerably low head count, this will be a waste of A/C, electricity, water and also other costs such as staff overtime payments.
Printing the notes when they already appear on the online student portal.
Printing the notes in bulk more than the requirement.

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1) View the video Service Processing at BuyCostumes (10.41 minutes, Ctrl+Click on the link); what are your key takeaways (tie to one or more of the topics discussed in Chapter 3) after watching this video. (viddler.com/embed/a6b7054c) Note: As a rough guideline, please try to keep the written submission to one or two paragraphs. 2) Orkhon Foods makes hand-held pies (among other products). The firm’s weekly sales of hand-held pies over the past seven weeks are given in the table. The firm’s operations manager, Amarjargal, wants to forecast sales for week 8. Weeks Sales of hand-held pies(000s) 1 19 2 18 3 17 4 20 5 18 6 22 7 20 Forecast the week 8 sales using the following approaches: a) Naïve approach b) 5-month moving average c) 3-month weighted moving average using the following weights: 0.50 for week 7, 0.30 for week 6, and 0.20 for week 5. d) Exponential smoothing using a smoothing constant of 0.30, assume a week 2…

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Answer 2

Question

Chapter 10, Problem 1DQ

Summary Introduction

Interpretation:Economies and diseconomies of scale at a college environment are to be discussed.

Concept Introduction:Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit.

Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

Expert Solution & Answer

Explanation of Solution

Economies of Scale in College Environment

Enrolling the maximum number of students per batch covering up full capacity of a classroom. This will minimize the additional costs such as A/C, electricity, water and also other costs such as staff overtime payments and so on.
Exams to be conducted for several batches at once, this will also help the business in gaining the cost advantage by saving the A/C, electricity, water and also other costs such as staff overtime payments in correcting the papers as well as in releasing the results.
Holding graduation ceremonies for several batches is essential as it will give the ability to cover up the huge costs that will incur due to such ceremonies.

Diseconomies of Scale in College Environment

Allocation of large classrooms for a lecture that has a considerably low head count, this will be a waste of A/C, electricity, water and also other costs such as staff overtime payments.
Printing the notes when they already appear on the online student portal.
Printing the notes in bulk more than the requirement.

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Answer 3

Question

Chapter 10, Problem 1DQ

Summary Introduction

Interpretation:Economies and diseconomies of scale at a college environment are to be discussed.

Concept Introduction:Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit.

Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

Expert Solution & Answer

Explanation of Solution

Economies of Scale in College Environment

Enrolling the maximum number of students per batch covering up full capacity of a classroom. This will minimize the additional costs such as A/C, electricity, water and also other costs such as staff overtime payments and so on.
Exams to be conducted for several batches at once, this will also help the business in gaining the cost advantage by saving the A/C, electricity, water and also other costs such as staff overtime payments in correcting the papers as well as in releasing the results.
Holding graduation ceremonies for several batches is essential as it will give the ability to cover up the huge costs that will incur due to such ceremonies.

Diseconomies of Scale in College Environment

Allocation of large classrooms for a lecture that has a considerably low head count, this will be a waste of A/C, electricity, water and also other costs such as staff overtime payments.
Printing the notes when they already appear on the online student portal.
Printing the notes in bulk more than the requirement.

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Answer 4

Question

Chapter 10, Problem 1DQ

Summary Introduction

Interpretation:Economies and diseconomies of scale at a college environment are to be discussed.

Concept Introduction:Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit.

Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

Expert Solution & Answer

Explanation of Solution

Economies of Scale in College Environment

Enrolling the maximum number of students per batch covering up full capacity of a classroom. This will minimize the additional costs such as A/C, electricity, water and also other costs such as staff overtime payments and so on.
Exams to be conducted for several batches at once, this will also help the business in gaining the cost advantage by saving the A/C, electricity, water and also other costs such as staff overtime payments in correcting the papers as well as in releasing the results.
Holding graduation ceremonies for several batches is essential as it will give the ability to cover up the huge costs that will incur due to such ceremonies.

Diseconomies of Scale in College Environment

Allocation of large classrooms for a lecture that has a considerably low head count, this will be a waste of A/C, electricity, water and also other costs such as staff overtime payments.
Printing the notes when they already appear on the online student portal.
Printing the notes in bulk more than the requirement.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 10, Problem 1DQ

Summary Introduction

Interpretation:Economies and diseconomies of scale at a college environment are to be discussed.

Concept Introduction:Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit.

Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

Expert Solution & Answer

Explanation of Solution

Economies of Scale in College Environment

Enrolling the maximum number of students per batch covering up full capacity of a classroom. This will minimize the additional costs such as A/C, electricity, water and also other costs such as staff overtime payments and so on.
Exams to be conducted for several batches at once, this will also help the business in gaining the cost advantage by saving the A/C, electricity, water and also other costs such as staff overtime payments in correcting the papers as well as in releasing the results.
Holding graduation ceremonies for several batches is essential as it will give the ability to cover up the huge costs that will incur due to such ceremonies.

Diseconomies of Scale in College Environment

Allocation of large classrooms for a lecture that has a considerably low head count, this will be a waste of A/C, electricity, water and also other costs such as staff overtime payments.
Printing the notes when they already appear on the online student portal.
Printing the notes in bulk more than the requirement.

Answer 6

Chapter 10, Problem 1DQ

Summary Introduction

Interpretation:Economies and diseconomies of scale at a college environment are to be discussed.

Concept Introduction:Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit.

Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

Expert Solution & Answer

Explanation of Solution

Economies of Scale in College Environment

Enrolling the maximum number of students per batch covering up full capacity of a classroom. This will minimize the additional costs such as A/C, electricity, water and also other costs such as staff overtime payments and so on.
Exams to be conducted for several batches at once, this will also help the business in gaining the cost advantage by saving the A/C, electricity, water and also other costs such as staff overtime payments in correcting the papers as well as in releasing the results.
Holding graduation ceremonies for several batches is essential as it will give the ability to cover up the huge costs that will incur due to such ceremonies.

Diseconomies of Scale in College Environment

Allocation of large classrooms for a lecture that has a considerably low head count, this will be a waste of A/C, electricity, water and also other costs such as staff overtime payments.
Printing the notes when they already appear on the online student portal.
Printing the notes in bulk more than the requirement.

Answer 7

Chapter 10, Problem 1DQ

Summary Introduction

Interpretation:Economies and diseconomies of scale at a college environment are to be discussed.

Concept Introduction:Economies of scale refers to the cost advantages that the businesses gain in terms of increased production while maintaining a decreased cost per unit.

Diseconomies per scale occurs when a company starts gaining cost disadvantages when the business starts to grow large that they fail in maintaining lower costs.

Answer 8

Expert Solution & Answer

Explanation of Solution

Economies of Scale in College Environment

Enrolling the maximum number of students per batch covering up full capacity of a classroom. This will minimize the additional costs such as A/C, electricity, water and also other costs such as staff overtime payments and so on.
Exams to be conducted for several batches at once, this will also help the business in gaining the cost advantage by saving the A/C, electricity, water and also other costs such as staff overtime payments in correcting the papers as well as in releasing the results.
Holding graduation ceremonies for several batches is essential as it will give the ability to cover up the huge costs that will incur due to such ceremonies.

Diseconomies of Scale in College Environment

Allocation of large classrooms for a lecture that has a considerably low head count, this will be a waste of A/C, electricity, water and also other costs such as staff overtime payments.
Printing the notes when they already appear on the online student portal.
Printing the notes in bulk more than the requirement.

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Ch. 10 - Prob. 1DQ Ch. 10 - Prob. 2DQ Ch. 10 - Prob. 3DQ Ch. 10 - Prob. 4DQ Ch. 10 - Prob. 5DQ Ch. 10 - Prob. 1PA Ch. 10 - Prob. 3PA Ch. 10 - Prob. 4PA Ch. 10 - Prob. 5PA Ch. 10 - Prob. 6PA

Explanation of Solution

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Chapter 10 Solutions