Kyle Minthorn
200586980
Problems
1. What is the market size of toothpaste in Canada
a. The market size of toothpaste in Canada is approximately 37.5 million units
because it is safe to assume everyone in Canada uses toothpaste because it is a
necessity and the population of Canada is about 37.5 million
2. How much distance would be covered if all first year bba students laid down in a line
head to foot
a. There are approximately 6000 part-time and full time students in the BBA
program. Assuming the total population is split in half, the average height for
females at the age of 17/18 is 164.9cm and the average height for males at the
age of 17/18 is 177.9cm. Therefore the total distance covered would be
approximately 1,028,400cm which is 10.284km.
3. Estimate annual sales of netflix subscriptions in Canada
a. There are three netflix subscriptions available to purchase, one costs $9, one is
$13, and the other is $16. On the basic plan, you can only have one device
streaming at a time, which isn't ideal for families. Based on this assumption, the
majority of people will be purchasing the standard ($13) plan, and the majority of
people who have netflix are members of a family or multi-person household,
because only about 4 million out of 37 millions people in Canada live alone. I can
also assume that the basic and premium plan will offset each other. So at an
average price of $13 per subscription, and approximately 28 million people in
Canada watching TV in 2018, I can estimate that the annual sales of Netflix
subscriptions in Canada is $364,000,000
4. Birdbrain company sells bird houses for $20. Materials cost $5. Variable labour to
assemble the houses is $3 and the overhead labour, utilities and facility maintenance
costs are $15,000 per month. THe production volume of the company is 400,000 units
per month. What is the monthly profit?
a. If each birdhouse is sold for $20 each and it costs $8 total to make each
birdhouse which inclears material and labour costs, Birdbrain is making $12 profit
per birdhouse they sell. If they produce 400,000 units per month, assuming that
they sell every unit, they would make a total of 4.8 million dollars. If overhead
labour, utilities and facility maintenance costs are $15,000 a month, Birdbrain
would profit approximately 4.7 million dollars per month.