Al's Donuts produces about 600 dozen doughnuts daily. If flour prices increase 20 percent
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- Al's Donuts produces about 600 dozen doughnuts daily. If flour prices increase 20 percent
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- Which cereal is the better buy: Brand A, on sale at $10 for five 12.8-ounce boxes or Brand B, which costs $10 for four 16.9-ounce boxes?Costco launched the warehouse shopping model when it opened its first location in 1976, requiring customers to purchase an annual membership in order to shop at the store.65 The first location was called Price Club and initially sold only to small businesses. More than 40 years later, Costco is one of the nation’s top retailers and the nation’s largest membership warehouse chain. They operate more than 700 warehouses located around the world, with more than 80 million members and over $116 billion in annual revenues. In addition to demonstrating steady growth throughout its history, the company consistently performs better than competitors. For example, Costco’s sales per square foot are nearly 70 percent higher than their closest competitor, Sam’s Club. So how has Costco achieved this level of success? Experts agree that Costco’s simple strategy has allowed the company to persist, even in challenging times. In fact, some say Costco has the best business model in the retail industry.…Yamaha company sells auto parts. One of auto part has selling price for $110. Yamaha company buys this part from Toyota, which costs Yamaha $80 dollars. Yamaha on average sells 40 units of this part every month. For a company to earn a profit (profit is not equal to zero), what is the highest possible fixed costs for each month? Please show all your work.
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- WoolworthsThe first Woolworths store opened its doors to the public in Cape Town, South Africa, in 1931. Its founder, Max Sonnenberg, captured the public’s imagination with dynamic store policies that set Woolworths apart from its competitors. Woolworths has consistently built its reputation for superior quality, exciting innovation and excellent value. They have a wide offering consisting of groceries, clothing, household items and eatery (Woolworths Café).Woolworths’ vision isTO BE ONE OF THE WORLD’S MOST RESPONSIBLE RETAILERSreflects our passionate commitment to doing good business, for our customers, our people and our planetIn 2020, Woolworths turned over one million 500ml PET bottles into clothes as part of its winter 2020 fashion range. While Woolworths has used recycled polyester in items such as denim jeans, the company says it has been hard at work repurposing the bottles into "recycled polyester". This will now form part of its puffer jackets and gilets, as well as some…At a recent manufacturing workshop, XYZ, Incorporated explained that demand for disposable masks increase rapidly in March 2020 when quarantine mandates first took effect. At the time, retailers could only place a single order to cover demands through the end of the summer. A certain retailer purchased disposal masks from a supplier at a cost of $20 per unit and sold them for $30 per unit. By the end of summer, demand for masks subsided considerably and all masks that weren't sold during the summer could be sold at a discounted price of $18 per unit. The retailer estimated that demand between March and August would be Normally distributed with mu = 10,000 and sigma = 1525 units With, supply chains becoming more stable since March 2020, the retailer is currently in the process of establishing a contract with a disposable mask supplier. The supplier has agreed to sell masks to the retailer for $18 per unit and will make deliveries any time the supplier places an order for a cost of $100…A new French law is forcing industry giants to donate or recycle unsold goods that they would have otherwise destroyed. Apparel companies, from elite fashion houses to mass-market chains, are saddled with an inventory glut following months long closures during the pandemic. Now, they are trying to get rid of the excess without angering waste-conscious consumers—or harming their brands, reports The Wall Street Journal (Aug. 14. 2020). (Links to an external site.) In the U.S., brands and retailers locked out of an entire fashion season are flooding charities with unsold products, in addition to sending goods to discount stores and liquidators. Good360, a nonprofit that collects excess merchandise and distributes it to charities, expects more than $660 million in donations for the entire year, double what it received last year. “Brands don’t want their unsold products winding up at flea markets or on Craigslist,” said the CEO of Good360. LVMH—which owns Louis Vuitton, Dior and other…
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