Portable Partitions Company: Home page V1 - retractable cubicle wall screen
Standard delivery applies to most mainland locations in England & Wales but excludes London, Scottish Borders and Mainland Scotland for these locations please contact us with your requirements or call 0117 244 4099 so one of our sales team can help with your enquiry.
Delivery will be between 07.30 and 18.30 on the expected delivery day. AM/PM Deliveries are available for some products, however these often incur an additional charge, please contact us for a quote before ordering if you require this option.
Need assistance or advice with a product or lead time? Call our friendly Customer Services Team on 0117 244 4099 for expert help.....oh and don't forget we price match on most products!
The concept behind marginal benefit and marginal cost extends beyond business. The relationship between the two also plays an important part in public policy in government. Elected officials must often evaluate and compare the marginal benefit of various public programs when evaluating how to spend money. If crime is high in a specific area, the marginal benefit of additional police resources may outweigh the marginal benefit of increasing transportation subsidies.
The most basic profit maximization strategy is to compare a company's marginal revenue and marginal cost. If the company can sell one additional good for more than the cost of that incremental good, the company can increase profit by increasing output.
Please take a few moments to read the information below as we would like to ensure your delivery takes place as smoothly as possible:
Because different initiatives will have different marginal benefits, it is up to elected officials to determine how to allocate limited resources like taxpayer funds. Though it would be possible to completely eliminate specific problems within a city (i.e. 0% crime rate), the marginal benefit of allocating resources to other programs often outweighs the marginal benefit of concentrating on a single issue. For example, let's say the cost to decrease theft from 500 annual cases to 400 annual cases is $100,000. It is up to public officials to determine what it would cost to get the number of annual cases down to 300 and what the benefit would be if these funds were instead spent elsewhere.
When marginal benefit equals marginal cost, market efficiency has been achieved. Producers are manufacturing the exact quantity of goods that consumers want, and no benefit is lost. When this efficiency is not achieved, the number of goods produced should be increased or decreased.
Let's say the total value of the benefit received from owning five sweaters is $200. If the total value of the benefit received from owning six sweaters is $220, the marginal benefit of the 6th sweater is $20 (($220 - $200) / (6 sweaters - 5 sweaters)).
Marginal benefit is calculated by dividing the change in total benefit received by the change in the number of units consumed.
We aim to deliver most tanks within 3-10 working days from order and payment, however some special orders (including large sewage treatment plants, underground tanks and steel products) may take longer. If your order is time critical please contact us before ordering so we can confirm delivery dates.
Some goods do not reflect diminishing marginal utility. For example, if someone relies on a life-saving drug that they take every day, the value of each dose does not change with consumption: each successive dose has the same benefit as the one before.
The company also performed market research to better understand what would cause customers to purchase additional water bottles. Expectedly, most consumers stated the law of diminishing returns and didn't have as much incremental marginal benefit for a second water bottle as they did for their first. Therefore, the average customer was only willing to pay $5.50 for an additional water bottle.
Parts are dispatched within 24 hrs subject to stock availability and please allow 2-3 days for delivery (depending upon location).
Let's say it costs $100,000 to manufacture 50,000 cell phone cases. If it costs $105,000 to manufacture 55,000 cell phone cases, the marginal cost for the additional 5,000 units is $1 each (($105,000 - $100,000) / (55,000 units - 50,000 units)).
For convenience, all single skin and bunded plastic oil tanks up to and including 2500 litres in capacity are delivered on a vehicle with a tail lift to allow easy offloading at the kerbside. Please look for our "Free Tail Lift Offload" icon to confirm which products are included. Unless otherwise agreed by Tanks For Everything (TFE) offloading of all other products are the customer's responsibility.
Please remember we are here to help and if we can be of any further assistance at any stage please do not hesitate to contact us on 0117 244 4099.
Please remember we are here to help and if we can be of any further assistance at any stage please do not hesitate to contact us on 0117 244 4099.
The Enduratank 5000-litre potable water tank is manufactured from a WRAS-approved black polymer as standard. This tank is also supplied with a bye-law..
Please take a few moments to read the information below as we would like to ensure your delivery takes place as smoothly as possible:
BottleCo expects to capitalize on some economics of scale by combining raw material orders and leveraging existing equipment capabilities. It expects the total cost to produce 150,000 water bottles to be $825,000. Margin cost per water bottle for these additional 50,000 additional units is $4.50 ($225,000 incremental cost / 50,000 incremental units).
Marginal benefit and marginal costs are two ways to measure the potential benefits of producing an additional unit of a certain good. Marginal benefits are the additional benefits to consumers from consuming one additional unit of that good, while marginal costs are the costs of producing one more unit. Businesses can use these two measures to forecast the profits from increasing production.
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Marginal benefit is the maximum amount of money a consumer is willing to pay for an additional good or service. The consumer's satisfaction tends to decrease as consumption increases. Marginal cost is the change in cost when an additional unit of a good or service is produced.
We aim to deliver most tanks within 3-10 working days from order and payment, however some special orders (including large sewage treatment plants, underground tanks and steel products) may take longer. If your order is time critical please contact us before ordering so we can confirm delivery dates.
Producers must consider marginal cost, the incremental expense to the business if it produces one additional unit. Let's say a company currently manufactures 100 shoes for a total cost of $10,000 ($100/each). It also costs $11,000 to manufacture 120 shoes. The change in total cost ($11,000 - $10,000) divided by the change in units manufactured (120 units - 100 units) yields the marginal cost of the additional 20 shoes ($1,000 / 20 units = $50).
Parts are dispatched within 24 hrs subject to stock availability and please allow 2-3 days for delivery (depending upon location).
When considering marginal costs, fixed costs are excluded unless the increase in output level pushes the company into a higher relevant range. In the example above, we made the assumption that the company currently had the manufacturing capacity to scale up to 120 shoes. If this is the case, the marginal cost of $50 reflects only variable costs. If the company needs to enter into a new lease to handle the growth, this fixed cost is included in the incremental cost of these additional goods.
Delivery will be between 07.30 and 18.30 on the expected delivery day. AM/PM Deliveries are available for some products, however these often incur an additional charge, please contact us for a quote before ordering if you require this option.
Whilst every effort will be made to deliver on the expected delivery date, TFE will not accept any charges for labour or compensation claims arising from failed deliveries. TFE strongly recommends that tanks and equipment are ordered in advance of installation allowing sufficient time for any issues to be addressed.
All tank orders are booked in with you prior to delivery, we will always try to achieve the earliest possible date and there will be an opportunity to change the suggested delivery date if necessary.
The Enduratank 2500-litre potable water tank is manufactured from a WRAS-approved black polymer as standard. This tank is also supplied with a bye-law..
Deliveries of larger products (typically over 2500 litres) require delivery by an articulated vehicle. Please ensure the roads and access point to your delivery address are suitable for a 45ft long high sided articulated vehicle. If access is an issue please arrange delivery to a suitable alternative address where access will not be an issue. The ongoing delivery to the final destination will be your responsibility. If a delivery needs to be aborted, TFE reserves the right to pass on any additional delivery costs, so please if in doubt discuss this with us at time of order.
Whilst every effort will be made to deliver on the expected delivery date, TFE will not accept any charges for labour or compensation claims arising from failed deliveries. TFE strongly recommends that tanks and equipment are ordered in advance of installation allowing sufficient time for any issues to be addressed.
FREE delivery includes all of England and Wales mainland destinations, however certain manufacturers charge extra for deliveries to Scotland and the Highlands. Please contact us on 0117 244 4099 for a delivery quote prior to ordering for these locations.
Deliveries of larger products (typically over 2500 litres) require delivery by an articulated vehicle. Please ensure the roads and access point to your delivery address are suitable for a 45ft long high sided articulated vehicle. If access is an issue please arrange delivery to a suitable alternative address where access will not be an issue. The ongoing delivery to the final destination will be your responsibility. If a delivery needs to be aborted, TFE reserves the right to pass on any additional delivery costs, so please if in doubt discuss this with us at time of order.
For convenience, all single skin and bunded plastic oil tanks up to and including 2500 litres in capacity are delivered on a vehicle with a tail lift to allow easy offloading at the kerbside. Please look for our "Free Tail Lift Offload" icon to confirm which products are included. Unless otherwise agreed by Tanks For Everything (TFE) offloading of all other products are the customer's responsibility.
Another way to think of marginal benefit is to consider the satisfaction that a consumer gets from each subsequent addition. There are three primary types of marginal benefit:
Marginal benefit usually declines as a consumer decides to consume more of a single good. For example, imagine a consumer purchases a ring for her right hand. She spends $100 on the perfect piece of jewelry. Since she does not need two rings, she would be unwilling to spend another $100 on a second ring. She might, however, be convinced to purchase that second ring at $50. For this customer, the marginal benefit of the first ring is $100, while the marginal benefit of the second ring is $50.
Marginal benefit is often expressed as the dollar amount the consumer is willing to pay for each purchase. It is the motivation behind such deals offered by stores that include "buy one, get one half off" promotions.
Let's say BottleCo, Inc. is a company that manufactures water bottles. Last year, it produced and sold 100,000 water bottles for $600,000. Each water bottle sold for $9. BottleCo is evaluating whether to increase production to 150,000 water bottles.
All tank orders are booked in with you prior to delivery, we will always try to achieve the earliest possible date and there will be an opportunity to change the suggested delivery date if necessary.
The Enduratank 4500-litre potable water tank is manufactured from a WRAS-approved black polymer as standard. This tank is also supplied with a bye-law 30 kit which if fitted means the tank can be used for the above-ground storage of water intended for human consumption.
Had BottleCo used pricing data from the original 100,000 water bottles manufactured, it would have said it would be unprofitable to make a water bottle for $6.00 and sell it for $5.50. However, the additional 50,000 units take advantage of economies of scale and leverage existing fixed costs. In this case, the marginal cost to produce the additional water bottles ($4.50/unit) is less than the marginal benefit a customer is expected to receive $5.50. Therefore, it would be profitable to increase production.
Marginal benefit and marginal cost are two measures of how the cost or value of a product changes. Marginal benefit impacts the customer, while marginal cost impacts the producer. Companies need to take both concepts into consideration when manufacturing, pricing, and marketing a product.
All Enduramaxx tanks are delivered directly to the site by the manufacturer on a large goods vehicle and it is the customers' responsibility to ensure suitable access and offloading facilities.
FREE delivery includes all of England and Wales mainland destinations, however certain manufacturers charge extra for deliveries to Scotland and the Highlands. Please contact us on 0117 244 4099 for a delivery quote prior to ordering for these locations.
If a company captures economies of scale, the cost to produce a product declines as the company produces more of it. Let's say each shoe requires $5 of rubber, thread, and other materials. Each order of materials also costs $25 for shipping and handling. If the company submits an order to make 10 shoes, the cost of the order is $75 (($5 * 10 shoes) + $25 shipping), and the cost per shoe is $7.50. If the company scales and is able to order materials for 30 shoes at one time, the cost of the order is $175 ($5 *30 shoes) + $25 shipping). Due to economies of scale, the cost per shoe is now $5.83.