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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?E-Book break-even analysis. Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web site construction is estimated to be $160,000. Variable processing costs are estimated to be $6 per book. The publisher plans to sell single-user access to the book for $46. a. Build a spreadsheet model to calculate the profit/loss for a given demand. What profit can be anticipated with a demand of 3,500 copies? b. Use a data table to vary demand from 1,000 to 6,000 in increments of 200 to assess the sensitivity of profit to demand. c. Use Goal Seek to determine the access price per copy that the publisher must charge to break even with a demand of 3,500 copies. d. Consider the following scenarios: Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Variable Cost/Book $6 $8 $12 $10 $11 Access Price $46 $50 $40 $50 $60…Corral Cartage leases trucks to service its shipping contracts. Larger trucks have cheaper operating costs if there is sufficient business, but are more expensive if they are not full. CC has estimates of monthly shipping demand. What comparison method(s) would be appropriate for choosing which trucks to lease? Cevap:
- Perez POPS POS Katie Perez, owner of Perez POPS, realizes she needs a Point of Sale System (POS) for her main shop but also something that could be used for parties, events etc. Flexibility and portability is important. Choosing the right one will require some research. She has heard of Square but doesn't know anything about it. She would really like to have a couple options to consider. She has asked you, her consultant, to investigate Square and a second POS system appropriate for a small business like hers. Report your findings to Katie with a persuasive business email that has a table detailing the features/pros/cons of both POS options. Finally, offer your recommendation as to which one would be the best solution for her. Business Email should include the following: Use a standard business email template which has - To, From, Date and Subject or Re: Put page numbers on the email if it goes over 1 page Include a link embedded in the email to each POS system you are referencing in…Corral Cartage leases trucks to service its shipping contracts. Larger trucks have cheaper operating costs if there is sufficient business, but are more expensive if they are not full. CC has estimates of monthly shipping demand. What comparison method(s) would be appropriate for choosing which trucks to lease?3 Problems seen in the situation of the Company: 1. It does not earn too much but it makes sales enough for maintenance, salaries, income, and savings. 2. Company B makes use of a traditional inventory wherein they manually count their stocks and money. 3. They only have one supplier for liquors. For other supplies which are accessible, they usually buy from the wet market nearby. Proposed Solutions: Solution for no. 1- Digital marketing Solution for no. 2 – Perpetual Inventory System Solution for no. 3 – Supplier Quality Management System Hello, can someone help me? How am I going to create a decomposition diagram for these three solutions?
- 13.2 A company manufactures component parts for machine tools in North America and ships them to Southeast Asia for assembly and sale in the local market. The components are shipped by sea, transit time averages 6 weeks, and the shipping costs $2700 per shipment. The company is considering moving the parts by air at an estimated cost of $7500; the shipment taking 2 days to get there. If inventory in transit for the shipment costs $125 per day, should they ship by air?Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods Inventory,June1 $61,600 $46,200 (e) Cost of goods manufactured 329,000 (c ) 484,800 Cost of finished goods available for sales (a) $260,400 $540,000 Finished goods Inventory ,June30 72,800 61,600 (f) Cost of goods sold (b) (d) $513,600What is the 3-month simple moving average for February 2017, given that demand was 100 during October 2016, 200 in November 2016, 300 in December 2016 and 400 in January 2017? a. 350 b. 300 c. 250 d. 400
- CASE SCENARIO: You are a manager at an upscale Confrence Hotel. You have an Annual Meeting booked for 100 people for a very prestigious company. Due to some error at the back end you and your team mess it up and only make arrangements for 50 people. Your confrence rooms are fully booked as it is year end time , and you are unable to provide them with an arrangment for extra 50 people immedietly . The host is really upset and is unhappy with the customer service you have provided. Using the 4 Stage Recovery Model (Pre-recovery, immediate recovery , follow-up recovery and lesson learned ) explain how in each step will you solve the problem and what will be your strategy. Conclude with the final lesson learned by the company for futureWk 1-Apply: Strategic Supply Chain Management [due Day 7] Assignment Content You are inducted to the newly setup team of logistics and distributions in your company. You are analyzing the flow of goods from the suppliers to the final customer. You need to prepare a reference document for the team you are planning to build as a part of the setup process of a supply chain. Choose a large global company. Prepare an 875- to 1,050-word paper in which you discuss the following items: -Define supply chain management. Define how supply chain management has evolved over the past 20 years. Describe the primary components of your selected company's supply chain and explain the importance of each component. Discuss how the 3 key supply chain decision phases are used at this company and provide examples. Provide examples of how your selected company has (or does not have) an advantage over its competitors using its supply chain. Analyze the financial impact establishing a supply chain had on your…A firm’s manager must decide whether to make or buy a certain item used in the production of vending machines. Making the item would involve annual lease costs of $150,000. Cost and volume estimates are as follows Make Buy Annual fixed cost $150,000 None Variable cost/unit $ 60 $ 80 Annual volume (units) 12,000 12,000 Given these numbers, should the firm buy or make this item? There is a possibility that volume could change in the future. At what volume would the manager be indifferent between making and buying?