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.

Question

Want to see more full solutions like this?

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.

Want to see more full solutions like this?

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

Students have asked these similar questions

The forecast for each week of a four-week schedule is 50 units. The MPS rule is to schedule production if the projected on-hand Inventory would be negative without it. Customer orders (committed) are follows: Week Customer Order 1 52 35 20 12 Use a production lot size of 75 units and no beginning Inventory. Determine the available-to-promise (ATP) quantities for each period. Note: Leave no cells blank - be certain to enter "0" wherever required. Period ATP 1 2 3

Prepare a master schedule given this information: The forecast for each week of an eight-week schedule is 60 units. The MPS rule is to schedule production if the projected on-hand Inventory would be negative without it. Customer orders (committed) are as follows: Week Customer Orders 1 2 36 28 4 1 Use a production lot size of 85 units and no beginning inventory. Note: In the ATP row, enter a value of 0 (zero) in any periods where ATP should not be calculated. Leave no cells blank - be certain to enter "0" wherever required. June July 1 2 3 4 5 8 7 8 Forecast 60 60 60 60 60 60 60 60 Customer Orders 38 28 4 1 0 0 0 0 Projected On-Hand Inventory MPS ATP

Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below: Week 1 2 3 4 5 6 7 8 9 10 Demand 21 21 27 38 25 30 35 24 25 30 a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.50 and a week 1 initial forecast of 21.0 are (round your responses to two decimal places): Week 1 2 3 4 5 6 7 8 9 10 Demand 21 21 27 38 25 30 35 24 25 30 Forecast 21.0 21 21 24 31 28 29 32 28 26.50 b) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 21.0), the MAD = |||||sales (round your response to two decimal places).

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.

Want to see more full solutions like this?

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

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.

Want to see more full solutions like this?

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

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.

Want to see more full solutions like this?

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

Want to see more full solutions like this?

Chapter 10 Solutions