a) Cost Price: $40 Selling Price: $75 Mark-up rate: b) Regular Price: $55 Mark-down rate: 25% Sale Price: c) Selling Price: $900 Mark-up: $200 Cost:
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- Please read the case below. Smyrna University is a private university which is based in İzmir. Smyrna University has gained an excellent reputation for its post-graduate courses, and thus the University has attracted a large number of students who are interested in postgraduate studies and located in Southern and North-Western parts of Turkey. The fees paid by these students make an important contribution to the University’s annual budgeted income. To support the recruitment of students from North-Western and Southern Turkey, the University has established a small department to promote its courses and to liaise with education institutions in Southern and North-Western cities. However, this year there has been a noticeable reduction in the number of applications from Southern and North-Western parts of Turkey. The University authorities are unsure if this is because of the global economic downturn, or if there are other factors causing this reduction. They have decided to conduct…Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can be completed within an average time of 14 minutes or less. If more time is required, a premium rate is charged. I need help with 3 and 4.(a) What is the total manufacturing time required to meet the office chairdemand?(b) What is the total manufacturing time required to meet the reclining chairdemand?(c) What is the total manufacturing time required to meet the studio chairdemand?(d) What is the total manufacturing time required to meet the conferenceroom chair demand?(e) Given the current capacity cushion, what is the available manufacturingtime per workstation?(f) With the current setup, is UFS capable of meeting its demand requirements?(g) Suggest a strategy that could achieve a reduction in production costs.Discuss any advantages and disadvantages of your proposed solution.
- A salesperson purchased an automobile that was advertised as averaging 25 in the city and 40 on the highway. A recent sales trip that covered 1800 miles required 51 gallons of gasoline. Assuming that the advertised mileage estimates were correct, how many miles were driven in the city?In Part C, you determined that the proper ratio of packages of buns, packages of patties, and jars of pickles is 3:2:4. If you want to feed at least 300 people, but also maintain the proper ratio, what minimum number of packages of buns, packages of patties, and jars of pickles do you need, respectively? You need to balance the number of packages of buns (which usually contain 8 buns) with the number of packages of hamburger patties (which usually contain 12 patties) and the number of jars of pickles (which contain 18 slices).