example of feasibility studies of a small business
Q: Identify the five major modes of transport.
A: The phrase "mode of transport" is used to describe the many methods of moving people and things. It…
Q: What are the factors that must be taken into account when developing the standards in the…
A: For a qualified worker to perform an activity at a sustainable rate while using the specified…
Q: *Show the complete solution. I. PROBLEM-SOLVING In order to enhance their overall service…
A: Given, Arrival rate,λ =30 per hour= 30÷60 =0.5 customers per minute Service rate, μ = 1 order or…
Q: The red flag described as creating a false sense of urgency by claiming there's a limited supply,…
A: Fraudsters employ strong pressure and a variety of "tricks of the trade" to persuade you to invest.…
Q: Sweets Bakery makes fat-free cookies that cost $1.70 each to prepare. Sweets expects 20% of the…
A: Given data The company produces 150 units out of which 20% units are not perfect. Preparation cost…
Q: What type of issues can be raised in the E-Commerce Sector while working with enterprise resource…
A: ERP stands for Enterprise Resource Planning. It is a multi-functional software which supports all…
Q: 3. A large bakery buys sugar in 50-kg bags. The bakery uses an average of 1,344 bags a year.…
A: As per guidelines we are supposed to answer only three subparts if there are multiple sub-parts…
Q: Goal congruence in well-designed performance measurement systems best explains a congruence between…
A: Goal congruence is a situation where the individuals in multiple levels in an organization share a…
Q: Assume that the linear cost and revenue models apply. An item costs $4 to make. If fixed costs are…
A: Here, we have the following data, Cost per item =4, The fixed costs irrespective of the number of…
Q: The optimum solution is: Number of air conditioners to be produced Number of heaters to be produced…
A: Decision variables: x = Number of air conditioners producedy = Number of heaters produced…
Q: Problem Chick-n-Gravy Dinner Line The operations manager of a firm that produces frozen dinners had…
A: Production management is described as the process through which various business activities are…
Q: How would you define risk management, encompassing the steps of identifying, evaluating, and…
A: Risk Management:- The definition of risk management is to encompass identifying, evaluating, and…
Q: () The reorder point (whole number) - copies (9) Total annual stocking cost (two decimal points with…
A: The reorder point is the point at which the company need to purchase the inventory stock to fulfill…
Q: Explain the seven major warehousing activities.
A: Warehouse is a large empty space where raw materials or even the other manufactured goods are sored…
Q: ction ptim
A: Optimum yield function
Q: Assume that your employer is a manufacturing firm that produces several different electronic…
A: Product Quality is a non-functional requirement in product design which affects the execution and…
Q: The Advanced Tech Company has a project to design an integrated information data base for a major…
A: A network diagram is a visual representation of a project which helps to identify the project…
Q: a) Minimum cost production lot size (whole number with no commas) - Answer copies (b) Number of…
A: Note: We are allowed to do the first three sub-parts only at a time.
Q: How important for an entrepreneur to consider the 4Ms of operation?
A: 4Ms refers to the issues or causes that can affect the production or manufacturing process of the…
Q: which a planned sequence of activities fails to achieve its intended outcome. Human errors are…
A: Any automated equipment or procedure that either prevents a mistake from occurring or instantly…
Q: Letherin Hides is a company that makes boots specifically targeting college students. Forecasts of…
A: Since details to backlog allowable or not we cant assume backlogs are allowed hence produce atleast…
Q: What was the state of philippines on Drugs before duterte administration?
A: The Philippine drug war is the anti-drug policy and actions of the Philippines Government . When…
Q: Conduct the ABC analysis for a convenience store, using the following percentages A inventory - most…
A: ABC analysis categorizes the inventory into three categories: A, which requires accurate records…
Q: Chapter 9. TechConsult Projects Ltd provides technical services to various small businesses in the…
A: Decision Variables: Suppose- Xij= the number of hours services provided by technician i to client…
Q: Q.3/ Consider the project given in the next table. Find the probability that the project will be…
A: The activities have three types of time estimates depicted by a,m, and b. a=optimistic time m=most…
Q: 1. Brainstormed Balanced Scorecard metrics are frequently utilized in Lean Six Sigma projects. What…
A: Six Sigma, in its very simple setup, is a process that allows testing the process control,…
Q: Volkswagen Operations Strategy Product Design In 1945, a rare and curious Volkswagen car was shipped…
A: Automobiles and private transportation have a bright future ahead of them.. Volkswagen is poised to…
Q: Complex problem solving, Critical thinking, Creativity, Coordinating with others, Service…
A: Daily life is the bunch of working skills which are managed by an individual everyday by performing…
Q: Discuss the many types of real-time scheduling methods available to the group for the project.
A: Real-time scheduling:- A method for setting up a schedule that uses real-time as its basis. The most…
Q: Question 40 A company buys medium grade carpet in 100-foot rolls. The average number of defects per…
A: Given data: The average number of defectts per roll ( λ ) = 1.8 The formula for the Poisson…
Q: A price that is too low may not generate enough interest or have enough of a margin for profit. Set…
A: A price that is too low may not generate enough interest or have enough of a margin for profit. Set…
Q: The Dongguk Furniture Company builds two types of computer desks from coated wooden board. The…
A: Decision variables: S = Units of superior model T = Units of Shiny model The selling price of the…
Q: A company wants to produce hardware at a level rate and send 10 units to inventory. If their 6-month…
A: Forecasted demand = 110 units Inventory = 10 units Forecast months = 6
Q: It is generally assumed that all organizations exist for the same basic reasons and that this…
A: A shareholder can be stated as the individual or any firm that owns a specific part of the public…
Q: Give reasons why does method analyses are needed and how is methods analysis relates to productivity…
A: It is the study of how a task is carried out that is called method analysis. In contrast to job…
Q: Lead Time =2 Weeks Safety Stock = 10 Units Order Quantity = Lot for Lot (produce or order exactly…
A: Find the Given details below: Period 1 2 3 4 5 Gross Requirements 40 0 10 15 75
Q: D. Average number of customers waiting in line to order some food E. Total average time a customer…
A:
Q: How does Unilever measure productivity?
A: As there are multiple questions, I have replied to the 1st one. ans 1=Unilever’s operations…
Q: This has been proven to be the best way to make a decision. * Consultative decision Strategic…
A: A strategic decision is related to the overall environment of the organization where the firm works.…
Q: How do you prepare a project proposal presentation?
A: A project proposal is a document which conveys to the stakeholders all the significant information…
Q: A fast-food franchisee has exclusive operating rights in a medium-sized metropolitan area. The…
A: Site Decision describes the process of deciding where a firm will be located. An important business…
Q: Given the following 2 constraints, which solution is a feasible solution for a minimization problem?…
A: The points x1 and x2 become feasible when they satisfy both constraints.
Q: differences of salary and insurance from the perspective of compensation. Plz do fast asap
A: In return for the work they do, companies will pay their workers a salary or some other kind of…
Q: Question 5 A.How can benchamrks assist in performing quality assurance? B. List at least FIVE (5)…
A: A. The benchmarks are the industry's standard or, in certain cases, a set of standards for the…
Q: Identify and describe the major deliverables included in a Project Closure step?
A: A project possess a definite beginning and definite end. Once the project is completed, it has to be…
Q: Minimum is at %3D %3D
A: Plot all the constraints on a graph.
Q: What is the relevance of method in the 4ms of operations?
A: 4Ms of operation are the 4 main attributes of the manufacturing. These 4 Ms stand for:-
Q: In terms of focus, magnitude of change, and number, characterize the production processes used by a…
A: A production process is a technique of utilizing economic information or resources, such as - labor,…
Q: Kyllo v. United States (2001) (a) Do you agree with the Court or the Prosecutor? (b) Should what…
A: Kyllo v. US (2001), held in a 5-4 decision which crossed philosophical lines that the utilization of…
Q: An operation consists of two steps , the first of which has a reliability of 97% and the second a…
A: The given system indicating a serial process that required both the step should work for the…
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- Make a business plan and economic feasibility of Farming of eucalyptus tree.Make a sample business plan.Pretend that you are putting up a business. Select the type of business you want to do (retailing, service, manufacturing and construction). Write a short report stating the reasons. Why you selected this type of business.
- List ways to avoid the following reasons for businesses failure; inability to develop and monitor financial statements, inability to balance business and family, and underestimation of the time requirements.How did businessess operated for centuries without having the modern forecasting techniques? What these techniques add to a business, other than cost?Please assist List three causes of shrinkage that will have an effect on the profit of a business.
- The college campus, it turns out, can be an ideal incubator for hatching small businesses. Nanina’s Gourmet Sauce, a pasta sauce company based in Belleville, N.J., was started, for instance, in 2005 by students taking an entrepreneurship course at Monmouth University in West Long Branch, N.J. Nanina’s products are now sold in nearly 400 supermarkets and gourmet shops in New Jersey and Manhattan, and the company’s director of operations is 23-year-old Nick Massari, a student in that class. The course at Monmouth is one of thousands of similar offerings on campuses across the United States. Undergraduate courses in how to start and run a small business are becoming as ubiquitous as Economics 101. Gone is the conventional wisdom that running a small business cannot be learned by sitting in a classroom. According to the Kauffman Foundation in Kansas City, Mo., more than 2,000 colleges and universities now offer at least a class and often an entire course of study in entrepreneurship. That…what is the market size and growth rate of Subway fast food restaurant?Once you have performed your feasibility analysis, it is important to determine that a new venture is feasible in regard to the industry and market in which it will compete. To do so, an entrepreneur must answer which of the following questions (select all that apply) Is the industry easily accessible, meaning is it a viable and practical market for a new venture to enter? Are there universally applicable products or services that can serve across industries, minimizing the need for industry-specific considerations? Are there industry positions with inherent negative attributes? Are there untapped or underserved markets within the industry that present opportunities for innovation?
- Enumerate 10 WORDS/TERMS that can be considered reasons in locating a business. IDENTIFY WHAT TYPE OF COMPANY. These reasons will help the business achieved profitability and competitiveness.Describe the Competitive forces that affect the business expansion of a Manufacturer of high-end, custom wooden doors and windows for residential construction. Describe the Technological forces that affect the business expansion of a Manufacturer of high-end, custom wooden doors and windows for residential construction.Explain three Forms of a Model for business Derive mathematical model for this problem : Suppose that a manufacturer can produce a part for $150/unit with a fixed cost of $60,000. The alternative is to outsource production to a supplier at a unit cost of $200. What shoulqyou do as a leader?