Florist Gump manufactures flower pots. Each pot sells for $40. The variable costs associated with each unit is $15, and the company's total fixed costs are $115,000. What is its breakeven point in sales dollars? O A. $115,000 O B. $4,600 OC.$184,000 O D. $306,680
Q: How could simulation be a useful technique for maintenance problems?
A: A simulation refers to an inexact impersonation of the activity of the framework that addresses its ...
Q: Discuss the three (3) steps of what The Project Scope statement must entail
A: Project scope is the documentation of all the project goals, deliveries, expectations, and other imp...
Q: Rick Wing, salesperson for Wave Soldering Systems,Inc. (WSSI), has provided you with a proposal for ...
A: Given data is R1 = 0.90 R2 = 0.92 R3 = 0.94 R4 = 0.96 R = 0.90
Q: Contracts will have specific steps for a grievance procedure; however, the basic framework includes ...
A: A grievance is an employee's dissatisfaction with the company's work regulations and circumstances a...
Q: What is tourism development?
A: Tourism development can be broadly described by the following steps, 1. A set of the techniques and ...
Q: You purchased a mechanical keyboard for P45 and plan to resell it for P63. What would the markup rat...
A: The mark up is the percentage of profit. It is calculated on 1. Cost 2. Sales Markup on cost = Pro...
Q: Use the simplex method to maximize the given function. Assume all variables are nonnegative. Maximi...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: Which of the following is true? Select one: a. Comparing with test marketing, the data and informati...
A: Test marketing can be defined as a methodology that explores the consumer responses to a particular ...
Q: Customers arrive at a bank counter manned by a single cashier according to Poisson distribution with...
A: Mean Arrival rate =λ = 6 customers per hour Service rate =µ = 10 customers per hour Utilization rate...
Q: An advertising company offer three types of mediums: television, newspaper and radio. The cost for e...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: The operator drops a part, which you pick up and hand to him. Does this make any difference in a ti...
A: Time study can be stated as the structured approach of directly monitoring and calculating human wor...
Q: During an argument as to the merits of preventive maintenance at Windsor Printers, the company owner...
A: The act of repairing the machinery, even before it breaks down, is called preventive maintenance. It...
Q: A manufacturer of small garden tools has introduced a new product, a battery powered shrub/hedge tri...
A: Here, we would determine the cost of overstocking, the cost of understocking, the optimal cycle serv...
Q: Justify why cost leadership Strategy is the best marketing strategy to increase sales and regain mar...
A: Cost leadership is a business strategy in which corporations lower product costs in order to acquire...
Q: Discuss how the concepts of quality of design and quality of conformance would apply to pizza servic...
A: Quality of design is characterized as a fit between an item's (service's) design and customer needs;...
Q: Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown ...
A: Forecasting is the process of estimation in which future demand is determined using previous or hist...
Q: The roles and the responsibilities of the project management team in the case will include bringing ...
A: Stakeholders are parties who can positively or negatively, directly or indirectly put an impact on t...
Q: a. Use POM for Windows' least squares-linear regression module to develop a relationship to forecast...
A: The algebraic formulation of the regression lines is the Regression Equation. It's used to forecast ...
Q: Defin e ergonomics. Discuss the role of ergonomics in job design.
A: Ergonomics is the study of how to make a job better for workers by tailoring it to their specific ne...
Q: What is level scheduling? What is the basic philosophy underlying it ?
A: Time study can be stated as the structured approach of directly monitoring and calculating human wor...
Q: Various parties occasionally call for import limits or levies on foreign produced items , most notab...
A: Imported goods and services are subject to a tariff, which might be a tax or a duty. Domestic consum...
Q: Use the simplex method to maximize the given function. Assume all variables are nonnegative. Maximi...
A: In mathematics, a linear programming problem is a system for determining the maximum or lowest value...
Q: Use the simplex method to maximize the given function. Assume all variables are nonnegative. Maximi...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: Sterling Pulp Chemicals (ERCO) in Saskatoon produces chemicals for processing pulp, such as caustic ...
A: (a)
Q: A distribution system consists of three factories, three regional warehouses, and four retailers. Pr...
A: Find the Given details below: Given details: Warehouse 1 Warehouse 2 Warehouse 3 Production C...
Q: Briefly list and describe the main production strategies, and comment on how each strategy affects t...
A: Production strategies are described as the action plans that are carried out for the long term. It i...
Q: (a) Project Quality Management
A: A Small Introduction about Quality Management Quality management is the demonstration of supervisin...
Q: a) Expected value for the Add Assembly Line option = $ (enter your answer as a whole number).
A: Here, I would determine the expected value for the option -add assembly line, there are two options,...
Q: Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef.
A: Forecasting is a method that is used on historical data as inputs to make the estimates that are est...
Q: Part 1: For the activities, duration, and sequence shown in the table below, prepare a Gantt chart w...
A: A Gantt chart is a project management device that illustrates a project plan. It typically includes ...
Q: Project scheduling strategies such as the Work Breakdown Structure (WBS), Activity Definition (AD), ...
A: WORK BREAKDOWN STRUCTURE: Work breakdown structure is an organized methodology used to split an over...
Q: Non-profit organizati
A: Identifying, managing, and communicating financial-material sustainability information to investors ...
Q: Using the LOT heuristic, assign the tasks to the windows to produce the desired service rate making ...
A:
Q: The annual demand of Bulldogs Inc. sole product totaled 450,000 units. Due to uncertainty in supply ...
A: Given- Annual Demand = 450,000 unitsMax lead time = 2 weeks and 1 day = 14 days + 1 day = 15 daysSaf...
Q: Rock View Restaurant is a new fast-food restaurant chain. The Operations Manager has divided its nor...
A: A network diagram refers to the graphical representation which is made of series of connected arrows...
Q: Discount-Mart (see Problem 16.8), as part of its newLean program, has signed a long-term contract wi...
A: Given Details Coming up next are particulars about the organization DM: Yearly interest is 2,000 li...
Q: Bulldogs Inc. expects to use 48,000 boxes of chocolate per year costing P12 per box. Inventory carry...
A: Carrying cost is the cost incurred during the storage and management of the inventory stock in the w...
Q: e against operational risk where human error is concerned? and why?
A: Errors caused by human mistake, system malfunctions or data inaccuracies are examples of operational...
Q: Public owners are expected to negotiate bid prices submitted by contractors in an attempt to maximiz...
A: A bid price can be stated as the price for which someone is desiring to purchase something, whether ...
Q: [Ad] Suppose the cost of a full-page color ad in the U.S. national edition of The Wall Street Journa...
A: Given are the values for the cost of advertisement in different vehicle and also their audience size...
Q: How do you classify the time for a machine opera tor who, between every job and sometimes in the mid...
A: If you're searching for a career as a machine operator, the data below can help you. Discover the es...
Q: Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local comm...
A: Forecasting is the process of predicting the future demand with the help of previous or historic dem...
Q: How do we incorporate probability into inventory decisions?
A: Probability & Inventory: Just knowing that it might occur does not really mean it's inevitable. ...
Q: Question 1 a) Explain what a “supply chain” is. b) Explain why practioneers of supply chain manageme...
A: Supply chain management is the management related to the flow of goods and services. It includes all...
Q: SAQ 3: For the present, construct the appropriate network diagram representing this data. Include "S...
A: Network diagrams are of two types: AOA and AON. These diagrams are used to find the shortest or long...
Q: Formulate this as an LP problem to minimize the cost of the dog food. How many pounds of beef and gr...
A: This is linear programming problem, I would formulate this problem, here, we would focus on minimizi...
Q: Based on the given information, the best location for Northeastern Insurance Company to open the off...
A: Total weighted score = Sum of (Weight x Factor rating)
Q: 1. Which variables are basic and which variables are nonbasic in this tableau? What basic variables ...
A: A Small Introduction about Tableau Tableau is a strong and quickest developing information percep...
Q: QUESTION 1 Which of the following cannot be a front-office user for CRM? O Partner O Customer Servic...
A: Customer relationship management (CRM) is a cycle wherein a business or other association oversees i...
Q: 24. Darron Mack owns the Gas n' Go convenience store and gas station. After hearing a marketing lect...
A:
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
- Your Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, BClassify each of the following items as revenues (R), expenses (EX), or withdrawals (W). Consulting revenueSuppose the business receives the revenue at the end of the month, what is the CLV value computed from the initial assumption? (Keep 2 decimal places, no $ sign). A 1 Chum Rate 2 Retention Rate 3 Interest Rate 4 Profit Growth Rate month 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 M 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Skip question 0.25 CLV per customer (Net Present Value $ 0.75 Converting to beginning of period 0.15 $ 0 MeanProfit (if still here) Number of Customers in Cohort (100.00) 30.00 30.00 30.00 30.00 30.00 30.00 1 $ 2 $ 3 $ 4 $ 5 $ 6 $ 7 $ 8 $ 9 $ 10 $ 11 $ 12 $ 13 $ 14 $ 15 $ 16 $ 17 $ 18 $ 19 $ 20 $ 21 $ 22 $ 23 $ 24 $ 25 $ 26 $ 27 $ 28 $ 29 $ 30 $ Start Solving 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 Exit Profit 1000 $ (100,000.00) 979 $ 29,375.00 28,763.02 28,163.79 27,577.05 27,002.52 26,439.97 25,889.14 25,349.78 24,821.66 24,304.54 23,798.20 23,302.40 22,816.94…
- 4. Astore is currently offering a 60% discount on all items purchased. Your cashier is trying to convince you to open a store credit card and says to you, "In addition to the 60% discount you are receiving for purchasing these items on sale today, you will get an additional 20% off for opening a credit card account. That means you are getting 105% off!" %3D a. What is the mistaken assumption here? b. Why is that assumption incorrect? c. If you did truly have 80% discount, explain what should happen when you go to the counter to buy $500 worth of items? show calculation d. If you got your 60% discount and opened up the card for an additional 20%, what is the actual % discount you would receive? show calculation e. Is it better to apply the 60% discount first or the 20% discount first?_show calculation1. You are starting a business selling ferrets. • You need a pen and supplies which will cost you $100. Also, each ferret costs $10 each. Fill the table for cost. You will sell the ferrets for $15 each. Fill the table for Money. Plot and graph both lines for Cost and Money Use the provided paper (looks like this), take a picture and submit. 400 Money ($) Cost 0. 10 10 200 20 20 30 30 40 40 50 50 10 20 30 40 50 Edit View Insert Format Tools Table 12pt v Paragraph v BIUA v 8888- Ferrets Bought 888- Ferrets sold Money ($)Based on the data presented below, which one of the following statements is true? Product X Product Y average total units total average sales price sold sales price revenue 2012 $10 200 $150 $10 2013 $11 190 $180 $12 2014 $10 250 $225 $15 A. Demand for product X is price inelastic. B. Demand for product Y is price inelastic. O C. Product X and Product Y are complements. O D. Product X and Product Y are substitutes. O E. Both A and C.
- is used to calculate the minimum level of output a business will need to produce and sell to cover its costs and to examine the impact that changes in costs, prices and sales could have on profits. O Total revenue 8 9 O Total cost Loss Break-even analysis-Develop a spreadsheet for question. What would your recommendation be if the weight for the safety went down to 10 and the weight of profitability went up to 25?Q3.6 (Algo) Valley Forge Income Tax [3.6] VF is a small accounting firm supporting wealthy individuals in their preparation of annual income tax statements. Every December, VF sends out a short survey to their customers, asking for the information required for preparing the tax statements. Based on 24 years of experience, VF categorizes their cases into the following groups: • Group 1 (new customers, easy): 15 percent of cases • Group 2 (new customers, complex): 10 percent of cases Group 3 (repeat customers, easy): 50 percent of cases . Group 4 (repeat customers, complex): 25 percent of cases Here, "easy" versus "complex" refers to the complexity of the customer's earning situation. In order to prepare the income tax statement, VF needs to complete the following set of activities. Processing times (and even which activities need to be carried out) depend on which group a tax statement falls into. All of the following processing times are expressed in minutes per income tax statement.…
- Sherwin is a professional homemade mayonnaise maker, operating 6 days a week. His recipe inmaking mayonnaise is 1 dozen eggs and a liter of vegetable oil per jar. He makes 25 jars per day.The unit price of egg is 5Php/piece and oil are .04Php/ml. The production is constant all throughoutthe month. How much is his cost per month?a. 57,200Phpb. 67,200Phpc. 50,250Phpd. 62,700Phpe. None of the above1. An electronics component manufacturer produces high precision assemblies for the aeronautics and space industry, controls for kitchen appliances, and some items for industrial equipment. Company's purchased parts are given in the following table. Product No 575 607 625 811 947 024 413 483 Unit Cost ($) Annual Volume (units) 3,200 2,500 93.00 31.00 212.00 130.00 618.00 720.00 0.25 0.60 320 475 300 300 25,000 6,800 Product No 495 211 273 435 825 661 893 Unit Cost ($) 1.25 6.30 75.00 63.00 84.00 1.00 485.00 Annual Volume (units) 15,000 3,000 3,000 450 30 4,000 65 Classify the company's purchased parts according to ABC principles. (b) Create an exchange curve for this population of inventoried items. (c) Suppose that the company is operating with a total cycle of $70,000 and 24 numbers of orders. Comment this operating system. (a)1. What is Production Cost? 2. Discuss solutions to high production Cost