1. Analyze external factors a. Identify all factors in the general environment that could influence Hālau Online’s future. (that is, conduct a PESTEL analysis). d. Describe how all industry factors that could influence the future of the organization. (that is, conduct a Five Forces analysis).
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1. Analyze external factors
a. Identify all factors in the general environment that could influence Hālau Online’s future.
(that is, conduct a PESTEL analysis).
d. Describe how all industry factors that could influence the future of the organization. (that is, conduct a Five Forces analysis).
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- ElectroExpert makes three models of slip rings. The current order amount for each model is given in the table below.Making slip rings requires wiring and harnessing operations. Currently ElectroExpert only has 10,000 hours of wiring and 5,000 hours of harnessing available. Each model has different per-unit wiring and harnessing hour consumption as given in the table below. ElectroExpert can either make in house or buy from outside to fulfill the orders. The respective unit costs are also given in the table below. Model 1 Model 2 Model 3 # of slip rings ordered 3000 2000 1000 Hours of wiring per unit 2 1.5 3 Hours of harnessing per unit 1 2 1 Cost ($) per unit to make 50 80 130 cost($) per unit to buy 60 100 150 Two additional constraints: Of the total number of hours of harnessing required in the plan, no more than 50% should be used to wire Model 2. Of the total $ amount spent on Model 2 (i.e., the total cost of making and buying Model 2), no more than 60%…Kara wants to open a retailing outlet in her town. Her family has been in the business of selling hardware items before. She wants to take this business forward by opening a store that caters to the hardware supplies industry. What kind of retail outlet will Kara most likely open? A. discount retailer B. supermarket C. department store D. specialty retailer E. convenience store Chan handles the distribution network for a company that creates custom-made software for companies. He requires constant feedback about customer needs so he can use this information to upgrade his software. What kind of distribution channel should Chan incorporate in order to do justice to the company’s overall service? A. only deal with wholesalers B. involve many intermediaries C. create a long distribution channel D. create a horizontal distribution channel E. create a short distribution channelI need a detailed explanation and assistance to solve this problem: FruitNuts is a store that sells a variety of unpackaged dried fruit and nut items. The current amounts of supplies of each item are listed in the following table: Item Supply (pounds) dried bananas 800 dried apricots 600 coconut pieces 500 raisins 700 walnuts 900 In addition to the individual items above, the store also sells two kinds of mix products: A Trail Mix product which consists of equal parts of all individual items above A Subway Mix product which consists of two parts walnuts and one part each of the dried bananas, raisins, and coconut pieces. To speed up service, the manager decides to package some of the merchandise in boxes ahead of time. Packaging and price data on boxes are shown below: Packaged Product Weight/Box (pounds) Price/Box ($) Trail Mix 2 7.00 Subway Mix 1 3.00 Dried Bananas 1 2.80 Dried Apricots 1 3.25…
- Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal, and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) I understand…A pet daycare facility offers pet sitting services where owners can drop off their pets for training and socializing with other pets. To feed the pets, the daycare makes two types of pet food. A bag of freeze-dried nuggets costs $7.99 and contains 21 units of proteins, 4 units of fiber, and 15 units of fat. A bag of dehydrated nuggets costs $11.26 and contains 28 units of proteins, 7 units of fiber, and 20 units of fat. The minimum daily requirements are usually 200 units of protein, 75 units of fiber, and 220 units of fat. Formulate the information as an LP problem and answer the following questions. How many bags of freeze-dried nuggets and dehydrated food should the facility make each day to minimize the total cost? What is the lowest cost? Identify the binding and non-binding constraints and report the surplus values.Sunseel Industries produces two types of raw materials, A and B, with a production cost of $4 and $8 per unit, respectively. The combined production of A and B must be at least 700 units per month. The factory is expected to produce at least 400 units of B and not more than 1200 units of A each month. The processing times for A and B are observed to be 5 hours and 4 hours, respectively. A total of 3000 production hours are available per month. Develop a linear program that Sunseel Industries can use to determine the number of units of each raw material to produce that will meet the demand and minimize the total cost.
- Nice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions. Custom designs can be tailored to a customer’s request. Tom and Ann are theowners of the company and source all the fabric, design the outfits and make the costumesthemselves. Tom and Ann keep spreadsheets with information on the material purchased andcostumes made, but they find it difficult to keep track of their products, raw materials, andsales. The raw materials are supplied from a fabric company in India, and the production takesplace in a manufacturing company in China. The clothing is sold at local weekend markets,sold, or rented through costume hire shops, and sold at their physical store. Tom and Annreceive a small percentage of the sales and rentals of their costumes from the hire shops.They have no information on customers other than those who request custom designsdirectly from them. In 2020, the Covid-19 pandemic had a major impact on global economies,businesses and how we…yame Bekyere Wholesale Supply and Distribution Company sells parts, equipment, and supplies for recreational activities like plastic slides, bouncy castles, swings and electronic trains. In addition, NBWSDC has a service department for the repair and service of the recreational items. The owner, Mr. Osei Nyame Bekyere, bought the company five years ago from its original owner. The organization is set up in three divisions: service, retail parts and supplies, and wholesale. The owner and president, has a vice president for each operating division, for example the warehouse has three groups: receiving (checking orders for completeness, returning defective merchandise, stocking the shelves, filling orders), service parts, and order filling for distribution to customers. The warehouse group is responsible for all activities related to parts and supplies receiving, storage, and distribution. The retail sales division includes all functions related to selling of parts and supplies at the two…Celestial Artistry Company is developing departmental overhead rates based on direct-labor hours for its two production departments, Etching and Finishing. The Etching Department employs 20 people and the Finishing Department employs 80 people. Each person in these two departments works 2,000 hours per year. The production-related overhead costs for the Etching Department are budgeted at $200,000, and the Finishing Department costs are budgeted at $320,000. Two service departments, Maintenance and Computing directly support the two production departments. These service departments have budgeted costs of $48,000 and $250,000, respectively. The production departments’ overhead rates cannot be determined until the service departments’ costs are allocated. The following schedule reflects the use of the Maintenance Department’s and Computing Department’s output by the various departments. Using Department Service Department Maintenance Computing Etching Finishing Maintenance (maintenance…
- The Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal, and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. a) Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) b) Minimize the…The Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) Minimize the under and…The Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. a) Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) b) Minimize the under…