A company provides uniforms and uniform cleaning for its employees. Either one of two local vendors can provide the identical service. What economic criterion should be used in selecting a uniform provider?

A machine manufacturing company produces 23000 units in one year. The total fixed cost associated is Rs. 20,00,000 and total annual labor cost is Rs. 91,09,000 what will be the average total cost per unit.

A machine manufacturing company has annual production of 23000 units while working in one shift. The total fixed cost associated is Rs. 20,00,000 and total annual labor cost is Rs. 91,09,000. The company intends to increase annual production to 46000 units by introducing second shift. The additional fixed cost required for doing this is Rs. 4,00,000 and in the second shift labor charges has to be paid 25% more compared to one shift. What will be the average total cost per unit if company works in two shifts ?

A machine manufacturing company has annual production of 23000 units while working in one shift. The total fixed cost associated is Rs. 20,00,000 and total annual labor cost is Rs. 91,09,000. The company intends to increase annual production to 46000 units by introducing second shift. The additional fixed cost required for doing this is Rs. 4,00,000 and in the second shift labor charges has to be paid 25% more compared to one shift. The annual total cost per unit with two shifts will _________ compared to single shift.

Increasing trend of electronic banking or transactions which is many a times are called cashless transactions can be considered in which of the following type of cost?

The cost to provide training to a new employee is estimated at Rs. 6000 for a particular company. Using the per-unit cost estimating model to estimate the annual training cost if an estimated 30 new employees are hired annually.

Given the data below, use the segmenting model to estimate a manufacturer's total annual cost. 1. Estimated annual production volume = 400,000 units 2. Estimated direct labor cost per unit = Rs. 3.75 3. Estimated indirect labor cost per unit = Rs. 0.92 4. Estimated raw material and purchased part cost per unit = Rs. 32.50 5. All other costs are independent of production volume and are estimated at Rs. 800,000 per year.

Given the data below, use the segmenting model to estimate a manufacturer's average total cost per unit. 1. Estimated annual production volume = 400,000 units 2. Estimated direct labor cost per unit = Rs. 3.75 3. Estimated indirect labor cost per unit = Rs. 0.92 4. Estimated raw material and purchased part cost per unit = Rs. 32.50 5. All other costs are independent of production volume and are estimated at Rs. 800,000 per year

Use the cost index method to estimate the current construction cost for a building equivalent to one constructed in 1980 at a cost of Rs. 27 lac. According to the standard review and indexing agency, the 1980 average Building Cost Index was 1941. Suppose that the current year Building Cost Index has been estimated at 3620.

Use the power-sizing model to estimate the cost of a piece of equipment that has 75% more capacity than a similar piece of equipment that cost Rs. 1,000. The appropriate power sizing exponent for this type of equipment is 0.725.