Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 03 Aug 2017 My Price 6.00

organize the store

You are considering opening a dollar store in which each item sells for $1. A franchise that provides the merchandise and stock it on your shelves costs $50,000/year the monthly rent is $3000. You need to hire 4 people to work on 4 cash registers and 2 people to help customers and to organize the store. The hourly rate for each of your employees is $15/hour including benefits and you intend to open the store 8 hours a day,7 days a week. You can assume that a monthis 30 days. and there is no shortage of people to work over weekends at the same rate of$15/hour. Suppose that, on average, a customer is expected to buy $5 worth of items she s/he visits the store. Answer the following and show your calculations:

a) To determine the feasibility of the project, calculate the average number of customers per hour must visit your store before you start making profit

b)Suppose that the margin of error for the demand estimate of $5 per customeris20%. How does this affect your solution in (a).

Answers

(5)
Status NEW Posted 03 Aug 2017 10:08 PM My Price 6.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------xha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill-----------

Not Rated(0)