Recent Question/Assignment

Economic Principles
Week 6 Assignment
Read the following article excerpt:
Robots in the factory and price rise for suppliers as Maleny Dairies invests for the future
ABC News, 28 November 2019
https://www.abc.net.au/news/rural/2019-ll-28/maleny-dairies-investment-robots-milk- factory/11744698
At a desperate time for the dairy industry, with droves of farmers making the tough decision to quit, a determined Sunshine Coast couple is staking their financial future on upgrading their processing plant and keeping local farms in business.
In the past five years Ross and Sally Hopper have spent about $10 million upgrading Maleny Dairies' factory.
It was founded in 2000 by Mr Hopper's late parents Harold and Dorothy — dairy farmers who foresaw the difficulties ahead after deregulation.
At the turn of the century there were 1,500 dairy farms in Queensland; now there are about 300.
The Hoppers' most recent $2.5 million investment included installing two crate-stacking robots to cut down on spiralling casual overtime costs and speed up deliveries to their distribution centres at Caboolture and the Gold Coast, and to IGA's major depot in Brisbane.
-We're looking forward to the future, we can see a future in our domestic milk and yeah automation is obviously a way of moving forward,- Mr Hopper said.
Task:
Describe what you think some of the key costs would be for Maleny Dairies, and detail which are fixed costs and which are variable costs.
How do you think their current investments would impact their cost structure?
Depict these changes on a diagram (or diagrams) showing their ATC, AVC and MC under their old cost structure and under their new cost structure and explain how this shows the changes that you have proposed.

Looking for answers ?


Recent Questions

Table 1 Cross-sectional study: (Insert the title of the paper you are appraising)Critical appraisal questions Underline your answer1.Were the criteria for inclusion in the sample clearly defined? Yes/No/UnclearEvidence:...Purpose: The aim of this assignment is to provide you with an opportunity to design a “risk- based” audit program for a real-world company and focus on the “Substantive tests of balances”, which involves...Can you please help do this assignment?University of Zambia School of Public HealthSchool of Public HealthDepartment of Epidemiology and BiostatisticsDUE DATE: 7TH JUNE (NO Extension will be allowed)Write...ASSESSMENT BRIEFCOURSE: Bachelor of ITUnit: Object Oriented Design and ProgrammingUnit Code: OODP101Type of Assessment: Task 4 –Solution to programming problemAn individual programming solution with emphasis...You will develop a 15-minute presentation in either prezi.com or PowerPoint that critically analyses and discusses Salmonella spp. Your presentation must: • Identify and describe the structure of Salmonella...Task 3: Group Presentation (Power point presentation)Working in PAIRS develop a 20 minute presentation that critically analyses and discusses an outbreak of an infectious disease within a specific population...ITECH1400 Foundations of ProgrammingLogarithms, Benford’s Law andFraudulent DataOverviewIn this assignment you will write an application in Python that will apply Benford’s Law to a given set of your own...Show All Questions