Question

Given the information below, answer the questions. Quick Copies charges $3.00 to send a fax plus...

Given the information below, answer the questions. Quick Copies charges $3.00 to send a fax plus $0.50 per page. The Copy King charges $0.80 per page with no initial fee. Make a recommendation of when you would use Quick Copies and Copy King.

1. Define the problem. (What are you trying to figure out?)

2. What is your plan to solve the problem? Be sure to include the techniques that you will be using.

3. Make a hypothesis. (What do you think will happen?)

4. Evaluate/solve the problem. Be sure to include equations, etc. and show all of your work.

5. What is your recommendation? Be very clear with your explanation.

6. Implement your solution. (Prove or disprove that your recommendation is correct.)

Homework Answers

Answer #1

Quick Copies charges $3.00 to send a fax plus $0.50 per page.

The Copy King charges $0.80 per page with no initial fee.

a) We want to find who is more economical if we send same no. of fax on both

b) Lets find an equation for each copier for their total fax charges

c) Lets assume x no, of faxes are sent by o both of them

d) Quick : Q(x) = 3 +0.50*x

Copy : C(x) = 0.8*x

e) To recommend any of them

first graph the two equation :

Red graph is for Quick copy

Blue is for Copy King

So, before x <10 faxes Copy King is economical and is recommended

For x >10 faxes Qucik copy is recommended

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
hi Read the situation below, and then answer the questions that follow in a Word document...
hi Read the situation below, and then answer the questions that follow in a Word document which you will submit as Assignment 4 in the dropbox. Also post your responses in Discussion 8, in a discussion posting. You are the executive assistant to Bill Snoman, vice-president of finance at Cool Air Ventilation Systems. He has just called you into his office to discuss department spending. Bill: There needs to be some serious expense cutting around this place. I can't believe...
Answer the following questions from the information below a. What are the organization's marketing goals? b....
Answer the following questions from the information below a. What are the organization's marketing goals? b. What are the symptoms of the problem? In other words, which of the organization's marketing goals mentioned in section a., above are not being met? c. What is the organization's problem? Look at the symptoms and make a judgement about what their cause may be. Do not confuse symptoms with problems. Problems cause symptoms. d. Perform a SW/OT analysis: -What are the organization's internal...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
The project has been performing as planned, and the team members have been exhibiting increasing levels...
The project has been performing as planned, and the team members have been exhibiting increasing levels of trust between each other. The sponsor and the buyer have been satisfied with the delivery of business value, and user acceptance testing results are positive. A technical expert consulting with the team has expressed concerns that the team is not in agreement on the best way to deliver to the next review. If the project manager wants to support the team in reaching...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
Analysis: This section should include the issue register as a bare minimum, but may include also...
Analysis: This section should include the issue register as a bare minimum, but may include also why-why diagrams, a Pareto chart, a waste table and/or value-added analysis table. Flow analysis or simulation of this case study might be possible but might require making a lot of assumptions given the provided data. The first part of the project: Introduction    Walmart has continued to retain the top position on the Fortune 500 list for a consecutive fifth year. The brand has...