Capacity utilisation within a business can be easy or hard to calculate, for a printing shop, it is easy to calculate how many sheets they can produce per hour for example and in a metal fabricators, it is easy to calculate how many sheets of metal they can produce per hour, however for a company that has varied demand, it can be very hard to predict how much the business should utilise its capacity, a clearly noticeable example would be an understaffed restaurant, although they have staff working the shift, it is clear that they did not account for the demand… Continue reading Capacity Utilisation
Here is a list of routinely forgotten equations for Business Studies, make sure to memorise them. Equations Total Contribution = Total revenue – Total variable cost Contribution per unit = Selling price per unit – Variable cost per unit or (for total contribution) Contribution per unit x Number of units sold Profit = Total contribution – Fixed cost Break-even Output = Fixed cost / Contribution per unit What do they mean? Contribution is useful for a business to be responsible for a range of products, it allows them to calculate how much money they make on a sale. The Break-even charts… Continue reading Common AS-Level Business Studies Equations
It is currently well known that bukkit has been given a dmca request by Wesley Wolfie, but now that that has happened, we now need to rebuild! So here is whats happening, the folks over from bukkit are now working on a new modding api, called sponge! currently ‘Sponge will start with Minecraft 1.8, with Vanilla Client Support on Forge.’ Old plugins that were written on bukkit will most likely have to be removed, unless someone finds a way to make them compatible with sponge. Here is a large extract of what they plan to do. Our ultimate goal is to… Continue reading Bukkit has been given a DMCA takedown by Wesley Wolfie. The NEXT steps.