The Cullumber Shoe Company manufactures a qumber of different styles of athletic shoes. Its biggest seller is the X-Pacer running shoe. The total processing cost for producing the X-Pacer running shoe is $20. The Cullumber Shoe Company starts production of 640 pairs of the shoes weekly, and the average weekly yield is 89%, with 11% defective shoes. One quarter of the defective shoes can be reworked at a cost of $4.00. Compute for QPR, yield, and cost to obtain yield?
The Cullumber Shoe Company manufactures a qumber of different styles of athletic shoes. Its biggest seller is the X-Pacer running shoe. The total processing cost for producing the X-Pacer running shoe is $20. The Cullumber Shoe Company starts production of 640 pairs of the shoes weekly, and the average weekly yield is 89%, with 11% defective shoes. One quarter of the defective shoes can be reworked at a cost of $4.00. Compute for QPR, yield, and cost to obtain yield?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The Cullumber Shoe Company manufactures a qumber of different styles of athletic shoes. Its biggest seller is the X-Pacer running shoe. The total processing cost for producing the X-Pacer running shoe is $20. The Cullumber Shoe Company starts production of 640 pairs of the shoes weekly, and the average weekly yield is 89%, with 11% defective shoes. One quarter of the defective shoes can be reworked at a cost of $4.00.
Compute for QPR, yield, and cost to obtain yield?
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