On average, it costs an airline $70 to get a lost bag back to its owner. The airline industry as a whole lost $2.3 billion to mishandled luggage in 2015. Currently, when you check at bag with an airline, a barcode sticker is printed out and stuck on your bag. On a good day, only […]
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Tag Archives: payback
What managerial accounting tools could be used by Giant Eagle to evaluate whether it should put refrigerator doors in its dairy section?
October 18, 2016 
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Giant Eagle is a grocery store chain with stores located in Indiana, Maryland, Ohio, Pennsylvania, and West Virginia. Recently, it installed refrigerator doors on the dairy section in many of its stores. Previously, the dairy section was refrigerated but had no doors. The refrigerator doors will reportedly use 78% less energy than the amount of […]
Continue readingWhat would the payback period be for a robotic arm used by McDonald’s for food preparation?
June 14, 2016 0 Comments
A variety of robots were featured at the 2016 National Restaurant Show that could be used for a variety of tasks in restaurants. These robots are being introduced at the same time that we are experiencing an on-going debate in the U.S. about the merits of a national minimum wage of $15 per hour for […]
Continue readingWhat costs would be relevant when Amazon considers whether to operate its own cargo freight service?
January 7, 2016 0 Comments
Since its inception, Amazon has relied on third-party shippers, such as UPS and FedEx. In 2013, Amazon experienced a wave of last-minute orders and bad weather left UPS and other shippers unable to deliver Amazon’s packages. Amazon issued apologies and $20 gift cards to customers, but its reputation suffered from the unhappy customers who were […]
Continue readingShould you rent a cable modem from Time Warner Cable or buy one?
December 11, 2013 0 Comments
When you have internet service from Time Warner Cable, you will need a cable modem. Time Warner will rent you a modem for $5.99 per month. Alternatively, you could purchase your own cable modem. For example, you could purchase the Motorola Surfboard SB6121 cable modem from Amazon for $79.99. Questions What is the payback period […]
Continue readingHow does Washington Township analyze its potential equipment purchases?
September 5, 2013 0 Comments
Washington Township in Franklin County, Pennsylvania, operates a Transfer Station and Recycle Center that individuals and businesses can use to recycle a variety of items, including electronics, bottles, and cardboard. At the township’s Transfer Station and Recycle Center, a baler is used to compress and bale certain recyclable items for transport. Typically, balers might produce […]
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Accounting in the Headlines 