1) The cost report gives the cost of producing one vehicle, whether you produce 100 or 1000 in a year.
2) Logically, it should be, Profit = {(Selling Price - Cost) x No. of Vehicles sold per year}...
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Type: Posts; User: DSR
1) The cost report gives the cost of producing one vehicle, whether you produce 100 or 1000 in a year.
2) Logically, it should be, Profit = {(Selling Price - Cost) x No. of Vehicles sold per year}...
@nvpF1crazy
Can you confirm whether it was a mistake or not ?
As soon as we find the cost of our car, then for profit maximization we can find a unique point on the curve that will decide the selling price as well as quantity sold per year. Can't we use this...
Are you crazy, this is not the kind of post that seeks any help on FSAE forums. First, go do some homework and learn how to communicate your problem. People like you are a pain in *** for those who...
Hello All,
Congratulations to Orion India... http://fsae.com/groupee_common/emoticons/icon_smile.gif
And actually it was not Orion India in FSAE-A, it was IIT Roorkee in its first FSAE ever. We...
Thanks Dear.
Hi all,
We are a rookie team from India, IIT Roorkee Motorsports, and would be participating in FSAE-A 2011. Could anyone of you tell me about the cheap accommodations near the competition site....
In which event are you planning to compete?? How much time do you have, this should be specified as it will help other Indian team members to suggest you....