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erjin999

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If start a company and make a sales target of a trillion dollars, does that make my company the biggest ? I wouldn't make 20 bucks. What does a sales target mean ? Should we look at turnover...

Turnover was similar last year, that's why the sales targets are set where they are. Intel is set to make lower than last year this year, though, but they've set it that high all the same.

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A sales target is the amount of sales that a company is forecasting.

Say I want to sell 100 hotdogs at a hotdog stand, that is my sales target.

Sales target can also relate to a profit or revenue target.

There is TP (Target profit in units) = (FC+TP)/(P-V)

And TP (Target profit in Dollars) = (FC+TP)/(1-V/P)

FC= Fixed cost

P= Selling Price per unit

V= Variable Cost per unit

V/P= Ratio of variable costs to selling price

This deals quite a bit with C-V-P (Cost-Volume-Profit).

CVP analysis focuses on relationships between cost, revenue, and volume of output.

It basicly is an estimate of the future income of a company.

Guess Bus 252 really paid off. :)

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It basicly is an estimate of the future income of a company.

Guess Bus 252 really paid off. :)

Yawn ! Huh ? Oh....paid off ? I think we are paying for it now ! Heheh. Joking  ;)

Seriously though, I think most people would agree Intel is bigger, and neither company is small by anyones standards (any one here that is)

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Sales target can also relate to a profit or revenue target.

There is TP (Target profit in units) = (FC+TP)/(P-V)

And TP (Target profit in Dollars) = (FC+TP)/(1-V/P)

FC= Fixed cost

P= Selling Price per unit

V= Variable Cost per unit

V/P= Ratio of variable costs to selling price

This deals quite a bit with C-V-P (Cost-Volume-Profit).

CVP analysis focuses on relationships between cost, revenue, and volume of output.

It basicly is an estimate of the future income of a company.

Guess Bus 252 really paid off. :)

You learn that stuff at uni??

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Much more than that.

That was only in one course involving part of one chapter.

I am supposed to take 10 courses a year for 4 years. = 40 or more courses.

3 semester hours a week.

It all depends on what you want to learn, which involves your degree, minor(s) (possible) and whatever electives you want to pick.

I plan on getting BBA (Bachelors Business Administration) and a minor in economics (need 2 more courses at the 300 or 400 level for economics minor).

BUS 331C

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At high school?

I came from a pretty small high school that didn't have any advanced courses.

So we didn't learn any of that stuff.

Did you also learn EOQ (Economic Order Quantity = [(2*D*S)/(Q/2*H)]^1/2 ) and EPQ (Economic Production Quantity = [(2*D*S)/H]^1/2*[p/(p-u)]^1/2 )?

Oops thats from another chapter. Maybe I should go to school there and get a free education :D

Screw paying tuition.

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We had Business Studies which I did until 16 which covered running the business and the basics of economics, such as the break-even analysis and acid test ratio, and then you can take either Business Studies or Economics for an A-Level, which is a two year course.

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