The optimal number to mail that maximizes profit along with a one-way data table and a equivalent line chart of profit and to write a concise memo to the management. Breakeven analysis: It is a financial tool used by organizations to identify the stage at which the product or a service will be profitable. It is useful in studying the relation between the variable cost, fixed cost, and revenue.

Question

The City Commission of Nashville has decided to build a botanical garden and picnic area in the heart of the city for the recreation of its citizens. The precedence table for all the activities required to construct this area successfully is as follows: A Time B- Code Description (hrs) Immediate Predecessor(s) A Find location; determine resource requirements 20 None B Requisition of lumber and sand 65 A C Dig and grade 100 A D Saw lumber into appropriate sizes 30 B E Position lumber in correct locations 25 D, C F Nail lumber together E G Put sand in and under the equipment 25 F H H Put dirt around the equipment 10 F Put grass all over the garden, landscape, paint 35 G, H Refer to the legend for the activity that corresponds to each code. Using the line drawing tool, draw a Gantt chart for activities E through I of the project. 0 20 40 60 80 100 120 140 160 180 200 220 Clear all

Answer 1

Question

Chapter 2.4, Problem 1P

Summary Introduction

To calculate: The optimal number to mail that maximizes profit along with a one-way data table and a equivalent line chart of profit and to write a concise memo to the management.

Breakeven analysis:

It is a financial tool used by organizations to identify the stage at which the product or a service will be profitable. It is useful in studying the relation between the variable cost, fixed cost, and revenue.

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