The apple juice producer wants to expand his product range and is thinking of producing orange juice. However, squeezing oranges required a different type of equipment. The producer can hire this equipment for LBP 9 Millions per month. After careful calculations, the producer determined his variable cost for orange juice production to be 5,352 LBP per liter. He can sell the juice for 10,598 LBP per liter.
How many liters of orange juice he should sell in order to break even? Please round your answer to the nearest integer. For example, if your answer is 1234.56 liters then type 1234 in the answer box
Operations managers control the product quality at various stages of the process. According to the video ‘What is Operations Management’, which of the following is a form of the product in these stages:
Work-in_Progress
Raw material
Process
Finished goods
Inventory
Capital
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