Problem (1): For a vending machine project, the site cost = 12,000 SR/month, material cost 1 SR/unit, and insurance cost = 500 SR/month, the labor cost = 1,500 SR/month, unit price 3 SR per unit, and electricity cost = 1000 SR/ month and = 0.5 SR/unit. a) Find the Unit Contribution and the Breakeven Quantity. b) Determine the Total Contribution and Total Profit at sales of Q =15,000 unit.
Q: nadequacies?
A: An efficient supply chain can help the organization to satisfy the customer's demand in the most…
Q: Canning Transport is to move goods from three factories to three distribution centers. Information…
A: Find the Given details below: Given details: Source Destination X Y Z Supply A 4 3 6 300…
Q: Assuming that all other facilities would cost the same in both sites, which of the two sites would…
A: The given area is 18 hectares, and the site recommendation for both projects can be done as follows.
Q: The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She…
A: Given Information: Cost of sandwich = $ 1.70 per unit Selling price of sandwich = $ 2.50 per unit…
Q: ‘Get the location wrong and it can have a significant impact on profits, and or service’. The…
A: Location decisions are very important in business. Organisation has to take proper location…
Q: Expando, Inc., is considering the possibility of building an additional factory that would produce a…
A: a) Below are the NPVs; i) Small facility = (0.8 * 3) + (0.2 * 6) = $3.6 Million ii) Large facility…
Q: Plot the total cost lines. b) In what annual volume range will each facility have a competitive…
A: THE ANSWER IS AS BELOW:
Q: Describe what is analytic Delphi method and what are the steps are involved in this method in…
A: Analytic Delphi Method When deciding on numerous sites with distinct aims, Numerous intangible…
Q: Q2. A pizza delivery service has decided to open a branch near off-campus student housing. The…
A: CROSS MEDIAN APPROACH IS USED TO MINIMIZE THE TOTAL DISTANCE Traveled BY THE CUSTOMERS IN A…
Q: 1. The following solved problems refer to this payoff table: New Bridge Built No New Bridge 14…
A: Given- Payoff Table-
Q: Location A would result in annual fixed costs of $300,000 and variable costs of $55 per unit. Annual…
A:
Q: F Precision Building Cost Forecast by City S70,000 S60,000 Cost Forecasts by City - Kitchens 2…
A: Given data is
Q: Myra is a project manager who is evaluating Rob's Rubbish Removal Service in the Twin Cities. They…
A: This problem will be solved using the multiplication rule of probability for joint events as well as…
Q: Janelle Heinke, the owner of Ha'Peppas!, is consideringa new oven in which to bake the firm's…
A: Given data For oven A Fixed cost = $20,000 Variable cost = $2 For oven B Fixed cost = $30,000…
Q: Janelle Heinke, the owners of Ha'Peppas, is consid-ering a new oven in which to bake the firm's…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(a, b,…
Q: Q5- The fixed and variable costs for three potential banking branch are as follows Site fixed cost…
A: Formula:
Q: Sap Manufacturing, a manufacturing company that manufactures football jerseys and located in Port…
A: Crossover point is the point where parametric value for different options is same for all. Prior to…
Q: 36 Which of the following factor that causes a change in the cost of an activity? a. Cost objective…
A: Decision-making is a process of choosing the best options among the alternatives available. It has a…
Q: Accel Express, Inc., collected the following information onwhere to locate a warehouse (1 = poor, 10…
A: To choose the preferred location for Accel Express Inc.'s new warehouse, both options A and B have…
Q: Explain what is analytic Delphi method and what are the steps are involved in this method in…
A: The Delphi strategy comprises of a few rounds of composed polls that permit specialists to offer…
Q: A computer recycler sells computer enclosures to a computer remanufacturer. To meet monthly expected…
A: Demand forecasting is nothing but the approach of forecasting future sales by utilizing the…
Q: ABC Company has several branches within the city. One of its branches is suffering from declining…
A: Given- Shut down the branch and sell = P5MMajor renovation cost = P4MMinor renovation cost = P2M…
Q: For the following network diagram answer the questions below. Build Cabin 45 65 4 Finish house" 20…
A: AS per the Network Diagram following format used for drawing: Early Start (ES) Early Finish…
Q: Determine the best course to take next quarter, using the following criteria. Maximax b. Maximin
A: Below is the solution:-
Q: Sean Willems has evaluated the vendors in Table S11.3 as well as F ricker V-Tech, the vendor in…
A: Given data is
Q: Subway, with more than 27,000 outlets in the U.S., is planning for a new restaurant in Buffalo, New…
A: The detailed solution is given in Step 2.
Q: The staff of Jefferson Medical Services has estimated the following net cash flows for a food…
A: a. cf(0) = -$100,000 cf(1) = 30,000 cf(2) = 30,000 cf(3) = 30,000 cf(4) = 30,000 cf(5) =…
Q: • 3.8 management certification for managers. Ginde has listed a num- ber of activities that must be…
A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Emerson Electric is considering the purchase of equipment that will allow the company to manufacture…
A: We will find the NPV for each of the cases.
Q: not certain how to calculate because it says each item sells for 17,000. also, I wouldnt be sure…
A: Given information:Location A has annual fixed cost =$800,000Variable cost=$14000per unitLocation B…
Q: Develop a linear programming optimization model to determine the distribution plan (from factories…
A: ANSWER IS AS BELOW:
Q: Facilities Management: Problem 2: A manufacturer of automotive equipment acquired the land for a…
A: Facility Management Facility executives can be characterized as the apparatuses and administrations…
Q: During a major expansion in 2004, Douwalla’s Import Company developed a new processing line for…
A:
Q: Problem 1: Using the following factor ratings, determine which location alternative should be chosen…
A: Problem 1 Problem 2
Q: Theory of Constraints for a Restaurant Taylor’s is a popular restaurant that offers customers alarge…
A: Given data, Average Price = 22 Restaurant cost per drink $1 The direct cost for meal preparation…
Q: Each of the following four factories produces three products at the daily quantities and unit costs…
A: A matrix is used in organizations to structure the flow of management and organization. It helps to…
Q: SAQ 3: For the present, construct the appropriate network diagram representing this data. Include…
A: Network diagrams are of two types: AOA and AON. These diagrams are used to find the shortest or…
Q: Grey Construction would like to determine the least expensive way of connecting houses it is…
A: The problem is about connecting each node with minimum cost. This is a problem with the Minimal…
Q: Daniel Tracy, owner of Martin Manufacturing, must expand by building a new factory. The search for a…
A: Given data is
Q: PAY OFF TABLE New Bridge No New Built Bridge Alternative Capacity A 1 14 for New Store B 2 10 4 6 10…
A: Given data:
Q: An investment proposal will have annual fixed costs of $60,000, variable costs of $35 per unit of…
A: Below is the solution:-
Q: Two vaccination schemes are recently adopted in Lebanon, Pfizer and Astrazenica. The profit for each…
A: Mentioned below is the payoff table for further calculations. Alternative capacity for new store…
Q: Mark has just been fired as the university bookstore manager for setting prices too low (only 20…
A: Utility refers to the level of satisfaction which can be derived from a particular product /…
Q: 2. Garysburg Fire Rescue (GFR) is considering three different locations for a new fire station.…
A: Given - Present set of weights - Cost of land factor weight = 0.5 Accessibility factor weight = 0.3…
2
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- ABC Company has several branches within the city. One of its branches is suffering from declining sales, andmanagement has a range of options:a. Shut down the branch and sell for P5Mb. Undertake a major renovationc. Undertake a cheaper renovationIn the past, 2/3 of renovation have achieved good results, while 1/3 achieved poor results. The major renovationwill cost P4M. Estimates of outcomes are as follows:a. Good results: P13.5M profitb. Poor results: P6.5M profitOn the other hand, there is a more economical renovation option that costs P2M. Estimates of outcomes areas follows:a. Good results: P8.5M profitb. Poor results: P 4M Required: Prepare a decision tree and recommend what action would be taken:a. Shut down the branch and sell for P5Mb. Undertake a major renovationc. Choose the economical optionNikos Anastopoulos of EMPROSS Strategic IT Consultants, leads the development of a new football stadium. He developed the activities, durations, and predecessor relationships in the following table for delivering company valuations. Activity A B C D E F G H 1 J K L ES ID EF ¤¯¯ SL SL LS Time LF Predecessor A, B C E F E D D, G, I 1 Duration in Weeks 5 3 8 3 4 10 8 18 20 7 5 10 6A. Draw the Network Diagram, and identify and discuss the project duration and the critical path using the following activity notationYou work for the Brad's Nailer Company which manufactures three types of nailers: a pneumatic model, the "ProLine", and a cordless model. You have contracted to supply a national retail chain with all three models of nailers. However, Brad's nailer production capability is limited in three departments: production, testing, and packaging. The goal is to maximize your revenue. Your answer will be the number packaging hours to be produced (The number of nailers must be a whole number.) Use Scenario 2
- Sheet 9: Q8 Planning model Q8. Use below table to to find the profit of the company, (production plan is 3000) Y slope 2500 2000 5500 65000 7500 95000 Unit price 15.5 Units 3000 Fixed cost 19000 Y(pkp) X(pkp) alope Var cot sotal cost SaleFelix & Company reports the following information. Period 1 567698AWNH 2 3 4 10 Units Produced 0 Cost equation = 460 860 1,260 1,660 2,060 2,460 2,860 3,260 3,660 Total Costs $ 4,560 3,860 4,260 4,860 3,960 4,160 8,660 16,060 4,860 10,782 Use spreadsheet software to use ordinary least-squares regression to estimate the cost equation, including fixed and variable cost amounts. per unit1. Decision Rules. A company is choosing a motorized mechanism for a new toy, a dancing ballerina (TippiToes) that is currently under development. Demand is uncertain. but the company is confident that demand will be: Light (25,000 units), Moderate (100,000 units) or Heavy (150,000) units. The payoff table for each mechanism (in $) is given below. Action: Choice of Mechanism Event Gears and Levers Spring Weights and Pulleys Pneumatic Light 25,000 -10,000 -125,000 -300,000 Moderate 400,000 440,000 400,000 300,000 Heavy 650,000 740,000 750,000 700,000 Questions: (1) Apply Maximax, Maximin, Minimax Regret, and EMV rules (assuming that the probability of Light demand is 0.1, Moderate demand is 0.7, and Heavy demand is 0.2) to decide what mechanism should the company choose? (2) What is the expected value of perfect information? (3) Draw a decision tree to solve this problem.
- MASTERY PROBLEM / Cr. Cash: $4,301.83 ar Ban Trenkamp owns and operates the Trenkamp Collection Agency. Listed below are the name, number of allowances claimed, marital status, information from time cards on hours worked each day, and the hourly rate of each employee. All hours worked in excess of 40 hours for Monday through Friday are paid at 1½ times the regular rate. All weekend hours are paid at double the regular rate. Trenkamp uses a weekly federal income tax withholding table (see Figure 8-4 on pages 288 and 289). Social Security tax is withheld at the rate of 6.2% for the first $110,100 earned. Medicare tax is withheld at 1.45% and state income tax at 3.5%. Each employee has $5 withheld for health insurance, All employees use payroll deduc- tion to the credit union for varying amounts as listed. GENERAL LEDGER Trenkamp Collection Agency Payroll Information for the Week Ended November 18, 20-- Credit Total Hourly Rate Earnings 1/1-11/11 Union Employee No. No of Allow. Regular…What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL TIME (DAYS) CRASH TIME (DAYS) 5 4 ACTIVITY Design (A) Wiring (8) Chip install (C) 7 5 3 4 7 2 2 4 NORMAL COST 300 900 500 CRASH COST 1,100 1,200 350 975 575 Software (D) Testing (E) The minimum cost of crashing the following project at Sawaya Robotics by 4 days is $1,875 (enter your response as a whole number). IMMEDIATE PREDECESSOR(S) 1,300 1,650 A, B сVariable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 0 425 500 1E+30 425 $C$6 Activity 2 27.5 0.0 300 500 300 $D$6 Activity 3 0 250 400 1E+30 250 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Benefit A 110 0 60 50 1E+30 $E$3 Benefit B 110 75 110 1E+30 46 $E$4 Benefit C 137.5 0 80 57.5 1E+30 If the coefficient for Activity 1 in the objective function changes to $50, then the objective function value: Multiple Choice will decrease by $450. is $0. will decrease by $2750. will remain the same. can only be discovered by resolving the problem.