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San Diego State University Operations And Supply Chain Management Assignment Help - Equipment

Question - Matthew Hagen started his company, The Sign of Things to Come, three years ago after graduating from Upper State University. While earning his engineering degree, Matthew became intrigued by all of the neon signs he saw at bars and taverns around the university. Few of his friends were surprised to see him start a neon sign company after leaving school. Matthew is currently considering the introduction of a new custom neon sign that he believes will sell like hot cakes. In fact, he is estimating that the company will sell 700 of the signs. The new signs are expected to sell for $75 and require variable costs of $25. The new signs will require a $30,000 investment in new equipment. A. How many new signs must be sold to break even? sig ...Read More

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