Question 5-4 **Refer to excel sheet Question 5-4 for all the calculations according to the respective question parts. This is a cost minimization problem, thus the target is to achieve the lowest cost possible. The constraints in all parts of a, b, c, and d are the same. We had to ensure that the unused capacity unit was a positive number and the unmet demand must remain at zero. For parts C and D, an additional constraint and an assumption were made; the assumption is that per-merger scaling back and shutdown are possible. The additional constraint of “only one choice” can be determined from the 3 plant operation options: keep current capacity, scale back capacity, or shut down the plant. In Part D, there is no duty fee charge. …show more content…
Sleekfon With the scaled back or shutdown option in effect for the plants, Sleekfon has no scale back plants; however, the North American facility will be shutdown. Thus only the European and South American facilities will remain in operation. The European market will have 20 million units provided by the European facility. The South American plant will provide 1.98 million units to North American market, 5 million units to South American market, and 3.01 million to Japanese market. Sturdyfon No scale back or shutdown affected Sturdyfon. Their European plant will serve 20 thousand units to the North American market, 4 million units to the European market, 11 million units to the market in non-European countries, 990 thousand units to the Japanese market, and 2 million to the African market; with 2 million units left in storage at the facility. The North American market will be served by the North American facility. Finally, the market in Japan and the Rest of Asia and Australia will each have 5 million units provided to them by the facility in the rest of Asia. Part D When the duty fees were reduced to zero, the lowest achievable cost for production and distribution network became $956.3 million, which is reduced by $62.64 million; with a lowered variable cost of $526.3 million and fixed cost remained the same. The following changes were in effect when duty-free is available: Sleekfon All facilities remained in operation. The
1. Why would demand forecasting make sense in a “make to stock” situation? It projects the standard components needed so that the product can be made after customer receiving a customer order.
7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be helpful for society and at least one reason that they may be harmful for society. Then, explain whether you think profit motive is a good thing or a bad thing for society. (4-7 sentences. 2.0 points)
3. What type of bank risk would worry you the most as an account holder? How should the bank protect itself against that risk? (2-4 sentences. 1.0 points)
What services do you offer? Will I have a formal written agreement or contract with you? What if I can 't afford to pay your fees or make contributions? In addition to helping me solve my immediate problem, will you help me develop a plan for avoiding problems in the future?
"What is necessary to change a person is to change his awareness of himself. --
Looking back from when I began my career, I can say I came a long way learning the concepts of understanding the expectations that arose from all my positions. In my first job just after graduating, I was appointed as a Business Accountant of a multinational company. Since then, I was caught in the myth that people who were in leadership positions or high ranking were leaders. Being in a junior position, I could have the least effect on any new ideas as my voice seems to have landed in deaf ears. I have seen how those businesses were not in line with their Missions and Values only to find later that many of the staff had left the company.
I believe that Excel can enhance the younger generations math learning skills. I think that as long as the basic math skills of calculating numbers are learned and mastered first, then Excel can be of a great benefit in the development of the critical thinking skills that are necessary to implement all of the different formulas. I believe that this kind of critical thinking that is required to realize how to formulate the data is a very important skill to develop. I do think that the younger generations and everyone else's calculating skills become a "little rusty" because of continually relying on Excel to do all of the calculating instead of doing the math out longhand, but this can occur even through the use of calculators. I think Excel
After reading the above statement, did you miss any species in your gut content sampling? If so, which ones?
11. Describe at least three exchange rate factors that are likely to attract foreign investors to a country 's currency. Explain why these factors are attractive for foreign investors. (3-6 sentences. 3.0 points)
As the principal of any school you have the increased responsibility for the compiling to the rules of the local school district as well as state and federal guideline. This becomes especially true as you undertake the challenge of serving as principal of the Elm Street Elementary School. The Elm Street Elementary School is a small suburban school located in Prairie Hills, USA. This school serves students in kindergarten to fifth grade.
Production operations played a huge role on whether to allow more production in North America, or more in Europe-Africa. After many decisions, we begun to notice that North America, and Europe-Africa were our main consumers and had stronger demands for our products, we suddenly realized that we should offer the other more compensation to raise the production. We than decided to offer Asia-Pacific, and Latin America a larger discounts, and longer return dates, to increase the demands.
The next step would be for management to know precisely how their decision to downsize capacity would impact the firm’s future operating costs, and also identify specific areas in which the firm could achieve additional cost reductions. Additionally, the cost analysis would help forecast the firm’s operating costs and projected profits (or losses) for the upcoming fiscal year. However, before we can proceed with such analysis, an examination of how the various categories of Continental’s costs behave is in order.
• This cost method does not provide the best system for JDCW’s cost allocation. By using only three overhead rates the present system grossly undermines the true production costs since other activities of the production process are not acknowledged.
There was a reduction of transportation cost of 9% to € 0.29 per item. With a demand of 4065 units per week, they have a cost reduction of €6,062.65 per year.
The task force is considering a variety of options for its analysis. One option is to keep the global network with its current structure and capabilities. Other options include shutting down some plants or limiting the capability of some plants to producing only one chemical. Closing down a plant eliminates all variable costs and saves 80 percent of the annual fixed costs (the remaining 20 percent accounts for costs that are incurred related to the plant shutdown). Similarly, if a plant is limited to producing only one chemical, the plant saves 80 percent of the fixed cost associated with that particular chemical. The two options being seriously considered are shutting the Japanese plant and limiting the German plant to a single chemical.