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Category > Business & Finance Posted 01 Jun 2017 My Price 6.00

An insurance company is evaluating a new software system designed

9.    An insurance company is evaluating a new software system designed to reduce the time for claims processing. The fixed costs with the new system are $120,000 per year. The average variable costs with the new system are $20 per claim. The current system being used by the company has fixed costs of $80,000 and variable costs of

$35 per claim. What is the indifference point between these two processes? If the company expects to process 3,500 claims per year, which process would you recom- mend? Why?

 

Answers

Alpha Geek
(8)
Status NEW Posted 01 Jun 2017 11:06 AM My Price 6.00

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file 1496316806-1366153_1_636318760254201872_point-of-indifference.xlsx preview (183 words )
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