Based on above case study, answer the following questions: Suggest enterprise applications that should be used by Santa Cruz to overcome chal- lenges discussed in Q2(a). (b) Discuss THREE (3) potential benefits Santa Cruz will gain once they used enter- prise application as discussed in Q2(b). (c)
Q: Explain in detail in company’s Concept of Global/Destination Sourcing and distinct competitive…
A: A company is a legal entity form under the law where group of people come together for achieving…
Q: Read the case studies of Honeywell and Dow, then answer the following questions: What did you…
A: Six sigma - We expect Six Sigma to elevate a company to an entirely new level of operational…
Q: Name and describe the four product/market expansion grid strategies. KFC is now rolling out a new…
A: Expansion strategies are adopted by the business organization to expand its business. The expansion…
Q: What is your opinion of Apple’s strategy for Apple Watch? What are the positives for this product…
A: Apple's strategy for the Apple Watch is to launch them in the beginning at the premium end of the…
Q: Identify a threat to Panasonic and offered three recommendations to solve a threat?
A: Panasonic Corporation is a Japanese company that sells consumer electronics across the globe. The…
Q: International Business] In the dynamic environment of strong competition, recommend 5 approaches for…
A: International business refers to trading across countries. Generally, the goods, services,…
Q: Note: Kindly answer nos. 4-7 only. Thank you 1. Did Netflix underestimate the pushback from their…
A: Branding is the use of various brand attributes to distinguish the firm from other competitors in…
Q: With respect to Microsoft’s acquisitions, Skype and Nuance, discuss the strategic benefits expected…
A: In general terms, acquisition refers to a strategic approach under which one company purchases the…
Q: Referring to the case of Apple Inc. in 2020, Is Apple's position in the smartphone industry…
A: For the given question we will be looking into the Apple and it's products, explaining the same with…
Q: is riskier global strategy licensing or acquisitions? Why
A: Every company will attract lots of shareholders when it will have strong growth indicators. Growth…
Q: With respect to Microsoft’s acquisitions, Skype and Nuance, discuss the strategic benefits expected…
A: Product development is the finished course of conveying another product or working on a current one…
Q: Given Xerox’s current situation, what recommendations would you make to Burns for the future of…
A: Xerox is a foremost business in the service commercial which is providing united business…
Q: Compile a list of any three Porter's model's competitive powers. Briefly describe why Amazon should…
A: There are five forces given by Porter for dealing with Competitive Forces. They are: 1. Bargaining…
Q: Extra Tutorial : During COVID19 pandemic, many new Al application or devices are developed to help…
A: As per Bartleby guidelines, we are only allowed to do the first three parts of a question at a time.…
Q: In the recent past, businesses contracted with countless suppliers to boost competition between…
A: Supply base optimization is the process of determining the appropriate number and mix of the…
Q: What will be the ‘Brand Positioning’ strategy of UBER Eats in the Pakistani Market? Keeping ‘Food…
A: Positioning refers to the selection of the marketing mix the most appropriate for the objective…
Q: Q7) what is meant by competitive advantage explain in your own words? What unique quality in your…
A: A marketing strategy is a business overall plan for attracting prospective consumers and turning…
Q: A. What overseas market entry strategy do you recommend and why? B. Would Haldiram’s products also…
A: There are many overseas market entry strategies like licensing, acquisition, franchising,…
Q: 1. What are the challenges to future growth for Naledo? 2. Does Naledo have a sustainable…
A: Naledo foods and beverages are the foremost quality service and goods provider for consumers. It is…
Q: What steps could P&G take to prevent a decrease of its U.S. market share through the introduction of…
A: The Procter & Gamble Company (P&G) is a consumer goods manufacturer and marketer. Shampoo ,…
Q: _______ pronounced the business-level strategy in the year 1998. Lee Bolman Robert Waterman Joel…
A: Business operations can be successful, if done with proper planning. The strategies need to be…
Q: Is it (A) True or (B) False that: Strategic alliances are government mandated agreements between…
A: Ans. Introduction A strategic alliance is a game plan between two organizations to embrace a…
Q: Would a monopoly get a perfect score for industry attractiveness in porter’s five forces model?
A: A monopoly is an ability of a firm to control the supply of the product in an industry without…
Q: Grameenphone developed strategies to focus on trends in the global telecom industry. How can GP…
A: Ghemawat's AAA Strategies: This is a strategic tool which provides three general strategic…
Q: (1) human resource (HR) strategy appropriates to MB Global Solution. How can the manager of this…
A: In the given case of MB global solution the company is facing loss due to lower price of…
Q: what is an “alliance,” and how does it differ from other types of international relationships? Plz…
A: Nowadays international business is becoming the latest trend for the companies where they produce or…
Q: Disney Plus Hong Kong( key points) - background - target market -macro environment analysis
A: Since you have posted a question with multiple sub-part, we will solve the first three sub parts for…
Q: Did Netflix underestimate the pushback from their price increase? Did Netflix underestimate the bad…
A: Disclaimer: "Since you have posted question with multiple sub parts, we will solve first three…
Q: As a technopreneur, what group of people would be the best target market when launching a new…
A: Technopreneur: Technopreneur is a person or an individual who is engaged in a business that uses…
Q: In Class, 10-25 Minutes for Teams As an account ex- ecutive for a marketing consulting firm, your…
A: Market positioning is a branding technique where a unique image is created inside the customer's…
Q: . What are the sources of Amul’s india competitive advantage? Specially consider the cooperative…
A: Competitive advantage refers to the factors that allow a company to produce goods or services better…
Q: 1. Can Jollibee Foods Corporation continue to successfully leverage its brands and products in other…
A: The primary goal of the company lies in reinforcing brand love and affinity through its…
Q: Should Airbnb have entered the Chinese market in the 1st place? If Airbnb continues with its entry…
A: Introduction: Airbnb is an American company that offers lodging, tourism activities, vacation…
Q: ________ systems are those in which development occurs at the home base, but operations are handed…
A: A business system is described as a combination of computer systems, equipments, personnel and…
Q: Animus Ltd is a mining company. Which of the following is an example of a business strategy…
A: Competition has become the new face of business function and survival. Today, all the efforts and…
Q: As Jim and Debbie Taylor, what would you do about Proximity’s lending business? Consider its…
A:
Q: Plus Hong Kong (in paragraph please) - market mix strategy -macro environment analysis
A: There are various factors which influence the operations and working of a company in positive and…
Q: Tesla, Inc. has rapidly become a stand-out among American car companies. What value chain segments…
A: Tesla is one of those companies which has chosen vertical integration in terms of forward as well as…
Q: success of entering global markets hinges on thorough research and analysis of the potential foreign…
A: Every business will create value for customers in terms of products and services. This value acts…
Q: ns, interviews, and market research, what do you think is the topmost factor? How about the least…
A: Data collection can be done through different methods and the importance of every technique depends…
Q: How would you evaluate the entry mode strategy that Starbucks adopted in entering foreign markets?…
A: Starbucks has gone beyond its working philosophy of not franchising its product. In foreign markets…
Q: /hat is rivalry among existing competitors?
A: Rivalry among existing competitors:
Q: What is the Cooperative Relationship Strategy of Tesla?
A: Success for any organization is unattainable only based on a good quality product. Yes, No matter,…
Q: Company Name: Lafargeholcim Country: China Qus no 01: What is the reason behind choosing this…
A: Lafargeholcim is a French-swiss multi-national company that manufactures building materials. It…
Q: do an analysis using Porter’s 5 forces of competition on the fast-food industry. Test…
A: Porter's Five Powers can be referred to as a tool or the study of the market environment of an…
Q: The chapter describes Apple, Redbox, and Keurig as examples of companies that have been successful…
A: The objective of the blue-ocean strategy for the organization is to find and make a blue ocean which…
Step by step
Solved in 3 steps
- ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average of 500 boxes but maysometimes sell a maximum of 600 boxes. The supplier takes an average of 5 days to deliver the order. During busier times, thesupplier may take 7 days.Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average P5 per year. There is also anopportunity cost of 1% per year for every peso invested in inventories. Each box of candles costs P450. If ABC would continue its current inventory management policy, it would keep 10,000 boxes as safety stock and order ten-days-worth of inventory. (C) Reorder Point and Economic Order Quantity19. What would the average number of boxes be if the safety stock from Part A was kept and the EOQ from Part Bwas followed? Round off to two decimal places.20. How much would the carrying cost for the year be based on item 19?21. How much would the total inventory related (ordering plus carrying) costs be if the…ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average of 500 boxes but maysometimes sell a maximum of 600 boxes. The supplier takes an average of 5 days to deliver the order. During busier times, thesupplier may take 7 days.Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average P5 per year. There is also anopportunity cost of 1% per year for every peso invested in inventories. Each box of candles costs P450. If ABC would continue its current inventory management policy, it would keep 10,000 boxes as safety stock and order ten-days-worth of inventory. (B) Economic Order Quantity 1. How much would the total inventory related (ordering plus carrying) costs be if the economic order quantity wasfollowed (excluding safety stock)? (D) Cost-Benefit Analysis: If ABC maintains its current inventory policy for the year,1. How much would the entity save it followed the reorder point and economic order quantity models?…ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average of 500 boxes but maysometimes sell a maximum of 600 boxes. The supplier takes an average of 5 days to deliver the order. During busier times, thesupplier may take 7 days.Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average P5 per year. There is also anopportunity cost of 1% per year for every peso invested in inventories. Each box of candles costs P450. If ABC would continue its current inventory management policy, it would keep 10,000 boxes as safety stock and order ten-days-worth of inventory. 18. Explain what would happen to the ordering cost, carrying cost and total inventory-related costs if the entity doesnot follow the economic order quantity based on the previous numbers
- ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average of 500 boxes but may sometimes sell a maximum of 600 boxes. The supplier takes an average of 5 days to deliver the order. During busier times, the supplier may take 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average P5 per year. There is also an opportunity cost of 1% per year for every peso invested in inventories. Each box of candles costs P450. If ABC would continue its current inventory management policy, it would keep 10,000 boxes as safety stock and order tendays-worth of inventory. (A) Reorder Point 1. What should be the reorder point in boxes? 2. How much would the normal lead time usage be? 3. How much should ABC keep as safety stock? (B) Economic Order Quantity 4. What is the annual demand for the boxes of candles? 5. How much is the carrying cost of one box of candles for one year? 6. What is the economic order quantity for the…ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average of 500 boxes but may sometimes sell a maximum of 600 boxes. The supplier takes an average of 5 days to deliver the order. During busier times, the supplier may take 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average P5 per year. There is also an opportunity cost of 1% per year for every peso invested in inventories. Each box of candles costs P450. If ABC would continue its current inventory management policy, it would keep 10,000 boxes as safety stock and order ten-days-worth of inventory. (A) Reorder Point1. What should be the reorder point in boxes?2. How much would the normal lead time usage be?3. How much should ABC keep as safety stock?(B) Economic Order Quantity4. What is the annual demand for the boxes of candles?5. How much is the carrying cost of one box of candles for one year?6. What is the economic order quantity for the boxes of…A manager must set up inventory ordering systems for two new production items, P34 and P35.P34 can be ordered at any time, but P35 can be ordered only once every four weeks. The companyoperates 50 weeks a year, and the weekly usage rates for both items are normally distributed. Themanager has gathered the following information about the items.Item P34 Item P35Average weekly demand 60 units 70 unitsStandard deviation 4 units per week 5 units per weekUnit cost $15 $20Annual holding cost 30% 30%Ordering cost $70 $30Lead time 2 weeks 2 weeksAcceptable stockout risk 2.5% 2.5%a. When should the manager reorder each item?b. Compute the order quantity for P34.c. Compute the order quantity for P35 if 110 units are on hand at the time the order is placed.
- Describe thebasic EOQ model and itsassumptions and solvetypical problems.Lancelot plc uses a certain material named “LANCE” in manufacturing its products. The materials are sold in sacks and for the quarter Lancelot uses 1200 sacks. The cost per sack is GHC95. It costs GHC150 to place an order whiles the special storage costs are GHC4 per sack. How many orders can the company place in the year using the optimal size? A. 2 B. 4 C. 6 D. 8 Reset SelectionA sports fan store sells hats. The following are associated characteristics for hats Annual Demand 16000 units Ordering costs $26 Holding costs $4 per unit/year **round all your answers to the nearest whole number a) The EOQ for the hats is b) The annual holding costs for the hats at the EOQ are c) The annual ordering costs for the hats at the EOQ are 2. Antique manufactures old-fashioned telephones for use in movie scenes (and other displays). Antique's annual demand for rotary telephones is 33,000 units per year, so it needs just as many receptors to assemble the phones. Receptors are ordered from a supplier, and shipping and handling costs are $15 per order (regardless of how many units are on order). The holding costs are $7/unit/year. If the current company policy calls for orders of 3,000 receptors, what are the total annual inventory costs for the receptors? round your final answer to the nearest whole dollar.
- Alina Limited is a manufacturer of widgets orders components for use in manufacturing. The estimated demand for the components during the coming year is 15,000. Order costs are $100 per order; carrying costs are $12 per component. Using the economic order quantity model What is Alina Ltd’s optimum order quantity? If the supplier guarantees a three (3) day delivery on any order that is placed, What is the re-order point?The materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $.04 per day to carry a kilogram of resin in inventory. She also knows that the order costs for resin are $100 per order, and that the lead time for delivery is four days. If the order size was 1,000 kilograms of resin, what would be the average inventory level?Retailers Warehouse (RW) is an independent supplier of household items to department stores. RW attempts to stock enough items for a 98 percent service probability. A stainless steel knife set is one item it stocks. Demand (2,400 sets per year) is relatively stable over the entire year. Whenever a new stock is ordered, a buyer must ensure that numbers are correct for stock on-hand and then phone in a new order. The total cost involved to place an order is about $5. RW figures that holding inventory in stock and paying for interest on borrowed capital, insurance, and so on, add up to about $4 holding cost per unit per year. Analysis of the past data shows that the standard deviation of demand from retailers is about four units per day for a 365-day year. The lead time to get the order in seven days.a. What is the economic order quantity?b. What is the reorder point?