Asgn 5

As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Selling Price Variable Cost % of Revenue Soft Drink $1.00 S0.70 25 Wine $2.00 $0.95 25 Coffee $1.25 $0.30 30 Candy $1.20 $0.30 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $280.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $280.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $60.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ (round your response to two decimal places). b) Based on the given information, the per night break-even point in servings for wine = servings…

Please only answer D-1 and D-2 Assume that Painless Dental Clinics, Inc., offers three basic dental services. The following are its prices and costs.     Priceper Unit Variable Costper Unit Units Soldper Year Cleaning $ 400   $ 220   8,500 Filling   680     660   1,200 Capping   1,550     920   300     Variable costs include the labor costs of the dental hygienists and dentists. Fixed costs of $540,000 per year include building and equipment costs, marketing costs, and the costs of administration. Painless Dental Clinics is subject to a 20 percent tax rate on income.   A cleaning “unit” is a routine teeth cleaning that takes about 45 minutes. A filling “unit” is the work done to fill one or more cavities in one session. A capping “unit” is the work done to put a crown on one tooth. If more than one tooth is crowned in a session, then the clinic counts one unit per tooth (e.g., putting crowns on two teeth counts as two units).   Required: a. Given this information, how…

As manager of the St. Cloud Theatre​ Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus​ far:                                                                                                                     Item Selling Price Variable Cost ​% of Revenue Soft Drink $1.00 $0.65 25 Wine $1.75 $1.00 26 Coffee $1.00 $0.35 31 Candy $1.20 $0.35 18   Last​ year's manager, Scott​ Ellis, has advised you to be sure to add​ 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 ​(5 booths with 2 people​ each). Even if nothing is​ sold, your labor cost will be $250.00​, so you decide to consider this a fixed cost. Booth​ rental, which is a contractual cost at $60.00 for each booth per​ night, is also a fixed cost. ​a) Based on the information​ available, the per night​ break-even point in…

A fireworks competition is happening in Sydney this November. An entrance fee of $8.00 is required for spectators who want to have a great view of the competition. However, residences near the competition can also watch the firework displays even without paying for the $8.00 entrance fee. 1. Fireworks display is considered a common good. 2. Fireworks display is non-excludable and non-rivalrous. 3. Fireworks display is non-rivalrous but excludable. Which of the above statements are true?     Only 1 is true.     Only 2 is true.     Only 3 is true.     Both 1 and 2 are true.     Both 1 and 3 are true.

Which of the following is NOT an objective of sales and operations planning?    Establish greater accountability for individual plans developed by the various functional groups.    Coordinate supply chain partners.    Develop a maximum cost strategy for effectively meeting demands.      Establish communication among various stakeholders, including finance, marketing, production, and suppliers.

WHAT ARE THE USUAL ISSUES A WATER REFILLING STATION FACES AGAINST ITS COMPETITORS WHEN IT COMES TO THE FOLLOWNG: PRICE        BENEFITS/FEATURES        SIZE/PROFITABILITY        MARKET STRATEGY

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As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Selling Price Variable Cost % of Revenue $0.65 $0.95 $0.75 $0.30 Soft Drink $2.00 25 $2.75 $2.00 $1.00 Wine 25 Coffee 30 Candy 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $ (round your response to two decimal places).

Inventory Management You are the store manager at a local branch of DigiLife, a large electronics retail chain. A new version of a popular consumer electronics device called the Amulet is coming out this year. It is your job to sell as many Amulets as you can while minimizing your costs in order to maximize your store's profits. Your Goal Earn $1,000,000 in net profits of Amulet sales.

Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers of an underground control valve. See the table below. Annual usage is 1,100 valves; order cost is $10 per order; and annual inventory holding costs are $7.55 per unit. D D Vendor A Quantity 1-14 15-24 25-99 100-199 200-399 400+ Price $35.00 34.75 33.55 32.35 31.15 30.75 Vendor C Vendor D Vendor A D Vendor B Vendor B Which vendor should be selected and what order quantity is best if Sandvig Irrigation wants to minimize total cost? Chris Sandvig Irrigation should order units at a time from (enter your response as a whole number). Quantity 1-24 25-99 100-199 200-399 400+ Price $34.75 34.00 32.80 31.60 30.50 MacBook Air O Vendor C Quantity 1-49 50-149 150-299 300+ Price $34.50 33.75 32.50 31.10 Vendor D Quantity 1-149 150-299 300+ Price $34.25 33.00 31.00 Next

K As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Soft Drink Wine Coffee Candy Selling Price $1.00 $1.75 $1.00 $0.75 Variable Cost $0.70 $0.90 $0.30 $0.35 % of Revenue 24 26 30 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $280.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $280.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in dollars for the St. Cloud Theatre Company = $(round your response to two decimal places).

10.8 The local fire department uses 10,000 alkaline flashlight batteries per year, which costs $4 each. The cost of ordering batteries is estimated to be $50. The current interest rate suggested by the city council is 25%. The sales rep has recently suggested that you could get a discount of 2% for orders of 2000 batteries at a time. Should you take advantage of this special offer?

20. Identifying true or false: I - Just-in-time purchasing is guided solely by the economic order quantity. II - Companies that implement JIT purchasing will switch their suppliers when another supplier offers alower price. III - Just-in-time purchasing describes the flow of goods, services, and information from the initial sourcesof materials and services to the delivery of products to consumers, regardless of whether those activities occur in the same organization or in other organizations Group of answer choices All are false. T, T, F F, F, T All are true T, F, T

Complete the following table of basic calculations. For Percent Contribution Margin, use (P-MC)/P. Round to table standard. Price Quantity Demanded Total Revenue Marginal Revenue Variable Cost Total Cost Average Variable Cost Marginal Cost Profit Percent Contribution Margin 18 600 10800   5210 5710 8.68   5090   17 a 11900 11 b 6140 8.06 4.30 5760 0.75 16 800 12800 9 6135 c 7.67 4.95 6165 d 15 900 13500 e 6700 7200 7.44 5.65 6300 0.62 14 1000 14000 5 7335 7835 f 6.35 6165 g 13 1100 14300 3 8060 8560 7.33 h i 0.44 j 1200 14400 1 8900 9400 7.42 8.40 5000 0.30 a.____________ b.____________ c.____________ d.____________ e.____________ f._____________ g._____________ h._____________ i.______________ j.______________

If the ABC cost of a menu item is $20 and the menu item price is $25, what is the operating profit?

2.)Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering.    DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 ​A)If the owner of Birka Styles & Co is an optimist, how many lots should the manager order? B)​If the owner of Birka Styles & Co is a pessimist, how many lots should the manager order? C)The owner wants to use minimax regret. How many lots should the manager order?

2.)Birka Styles & Co is introducing a new line of beachwear for their retail stores. The manager needs to decide how many lots of the new beachwear to order for their stores. The marketing came up with a payoff table (see below) considering information about the price, projected sales level, and cost of inventory and ordering.    DEMAND Order size Low Medium High 1 lot 12,000 15,000 15,000 2 lots 9,000 25,000 35,000 3 lots 6,000 35,000 60,000 ​If the owner of Birka Styles & Co is an optimist, how many lots should the manager order?

Q1. Essentially, the planning of the purchasing and supply chain function entails managing the function for the future. Outline the purpose of the three levels of management within the context of the purchasing and supply chain function.

Consider the following list of retail items sold in a small neighborhood gift shop.(given) a. Rank the item categories in decreasing order of the annual profit. Classify each in one of the categories as A, B, or C.b. For what reason might the store proprietor choose to sell the chocolate cookies even though they might be her least profitable item?

o (B) Which Product Sub-Category has the highest 'Sale per Customer' and 'Profit per Order'? Name the Sub-Category for the highest 'Sale per Customer' and 'Profit per Order' Value 1500 1000 500 -500 Category / Sub-Category Office Supplies Furniture Technology Boo.. Cha.. Fur.. Tab.. App.. Art Bin.. Env.. Fas.. Lab.. Pap.. Sto.. Sup.. Acc.. Cop.. Mac.. Pho.. £124.52 £1,038.64 £44.48 £665.64 £31.16 £241.71 Profit per Order Profit per Order Profit per Order £-230.75 £1,211.28 £150.94 £1,063.47 £-230.75 £1,211.28 Profit per Order Ital I... Profit per Order £25.47 per Order Profit £256.55 £17.63 per Order Profit £166.55 £20.67 per Order Profit £123.46 | £10.57 per Order Profit £60.51 £7.61 Profit per Order £48.29 £21.30 £132.25 £24.43 Profit per Order per Order Profit £551.44 £22.81 £154.34 £78.32 £126.58 £1,043.22 £504.87 £42.90 £690.91 £69.93 per Order Profit per Order Profit per Order Profit per Order Profit per Order Profit £926.44 Profit per Order and Sales per Customer for each…

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Purchase planning is not a part of supply chain planning.Select one:a. Trueb. False

Mazoon Company sells 500 units resulting in $150,000 of sales revenue, $50,000 of variable costs, and $36,000 of :fixed costs. Breakeven point in units is None of the given answers .a O units 180 b O units 300 .c O units 72 d O units 100 .e O

Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below: Annual Price/Unit Holding Cost/Unit Lead Time (L) (p) (wks) Supplier 10,000 25,000 50,000 Bradley $40,000 $26,000 $19,000 Alexander $30,000 $28,000 $17,000 $7.15 $7.15 a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest? and a shipping quantity of Using Annual Freight Costs Shipping Quantity (Q) -w an example Get more help. (H) $1.43 $1.43 6 4 Annual…

Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below: Annual Freight Costs Shipping Quantity (Q) Price/Unit Annual Holding Lead Time (L) Annual Supplier Bradley Alexander 50.000 $18,000 $17.000 Cost/Unit (H) $1.43 $1.43 10,000 25,000 (p) $7.15 (wks) Administrative Cost $40,000 $30,000 $26.000 $25.000 $15,000 S7.15 6 $10.000 a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest? Using and a shipping quantity…

Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below: Annual Freight Costs Shipping Quantity (Q) Price/Unit Annual Holding Lead Time (L) Cost/Unit (H) $1.43 $1.43 Annual Supplier Bradley 10,000 $40,000 50,000 $18,000 $25,000 $17,000 25,000 (p) S7.15 (wks) Administrative Cost $26.000 5 $15,000 Alexander $30,000 S7.15 $10.000 a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest? Using Alexander and a…

Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below: Annual Freight Costs Shipping Quantity (Q) Price/Unit Annual Holding Lead Time (L) Cost/Unit (H) $1.43 Annual Supplier Bradley Alexander Administrative Cost $15,000 $10.000 10.000 25,000 50,000 (p) $7. 15 (wks) $40,000 $30,000 $26,000 $18.000 $25,000 $17,000 $7,15 $1.43 6 a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest? Using Alexander and a…

Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below: Annual Freight Costs Shipping Quantity (Q) Price/Unit Annual Holding Lead Time (L) (p) $7.15 $7,15 Annual Supplier Bradley Alexander 10,000 25,000 $40.000 $26.000 50,000 $18.000 Cost/Unit (H) (wks) Administrative Cost $15.000 $1.43 $1.43 $30,000 $25,000 $17,000 6 $10,000 a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest? Using V and a shipping…

Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below: Annual Freight Costs Shipping Quantity (Q) Annual Price/Unit Annual Holding Lead Time (L) Cost/Unit (H) $1.83 $1.83 50,000 Supplier Bradley Alexander 10,000 25,000 $28.000 (wks) (p) $9.15 $9.15 Administrative Cost $40,000 $35,000 $18,000 $17,000 $10,000 $15,000 $26,000 7 a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest? Using and a shipping quantity…