22) Can i get help with this question please Efrin Inc. currently creates $345,000 of sales from the energy efficient light bulbs. A new campaign is expected to increase next year's sales by 8% andthe company projects to lower their average collection period from 42 days to 39 days. They also predict that it would not affect the other workingcapital items. What would be the change in NWC that will result for Efrin as a result of this new campaign? (Do not use the $ sign. if your answer is$123,456.78, then enter 123456.78)Numeric Response

In the given question the difference between the investment in accounts receivable (Present and…

Answered: Efrin Inc. currently creates $345,000…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Company Name: Floward (flowers Market) Create a campaign for your company to launch, starting January 2021 till December, that will be active for 12 months. Marketing budget: SR 450,000 to spend on digital advertising media over the next 12 months. The budget also includes up to SR 340,500 for advertising creative and content development, and for the company to manage the program. Monitoring and Optimization: describe how you will measure and improve digital marketing performance during the campaign. What tools you will use to monitor the campaign’s activity. (Must include screenshots of the monitoring tools that will keep track of your costs and activity).
Timberline Health, an integrated delivery system serving residents in five counties in eastern Washington, is considering new opportunities to increase community awareness of the organization’s outpatient health services. As the new business development manager of hearing health services, Jack Andrews is responsible for evaluating the feasibility of marketing activities for the hearing service line and must allocate resources to promotional activities that forecast positive return on investment. One option under consideration is to sponsor the health and wellness pavilion at the Spokane County Fair. Research from comparable markets has shown that wellness fairs are not only effective at educating communities about potential risk factors for health problems, including hearing loss, but also increasing consumer awareness of new or existing health services provided by local health organizations. These activities are essential to Timberline Health’s mission within the community. Since…
Assuming Mr. Ahmad is the new chief executive officer of Nizwa Diary Company, his business decisions would be associated with __________. a. Conflict resolution b. Negotiation c. Machine management d. Forecasting
Business News: Capitec joins the home-loan market in a long-awaited moveCapitec has announced on Tuesday that it has officially entered the home loans market. Capitec has announced that it hasjoined the home loans market on Tuesday afternoon, great news for clients of the highly popular bank. With the highestnumber of clients, Capitec has not offered up secured lending to procure homes and only recently launched 'purposelending' to fund vehicles in April. The bank announced a partnership with SA Home Loans and is offering interest rates from6%, a whole percentage point below prime, which places Capitec in direct competition with other major banks that havebeen in the game for decades.While the home loan has been named Capitec Home Loans, it is SA Home Loans and not the bank itself which will actuallyassess and approve customers. The loan will be digitally-led and is offering finance for properties up to R5 million over thecourse of 30 years. In addition to promising an answer in five…
L. P. Manning CorporationIn March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry.Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met.The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a…
Identify and briefly discuss the key product strategies for those motor vehicle companies listed in the case. How are these strategies likely to impact competition in the motor vehicle industry that they are operating in? (No more than 1 page)Chicago Referencing12 Font Size 1.5 Spacing
If Mr. Ishaq is the Director of Lexus Company in Nizwa, what does he need to do to predict customer sales or product demand? a. Forecasting b. Marketing c. Production d. Coordination
La Comida Foods would like to introduce a new line of tropical sauces and marinades. To introduce the new product line, La Comida can either introduce the products first in selected geographic areas to gauge consumer response OR go full-blast and launch the new product line nationally. The cost of introducing the products in selected geographic areas for gauging consumer response is $150K. If the company decides to introduce the product this way, it would need to see the responses to the products before they decide to launch the product line nationally. The probability of a favorable response in the selected geographical areas is estimated at 0.60. La Comida can also decide not to go for the launching in the product in selected geographical areas and go ahead with the nationwide launch or not. If La Comida Foods decides to go full-blast in launching the products nationally and are a success, the company estimates that they will gain an annual income of $1.6 million. If the products…
Drug companies in the United States are granted a patent on any new pharmaceutical drug they develop, which gives them a monopoly on that drug for 20 years. Not surprisingly, high monopoly profits (i.e., profits well beyond the average rate of profits in other industries) are characteristics of the pharmaceutical industry. In a 2003 study entitled The Other Drug War II, Public Citizen’s Congress Watch noted that during the 1970s and 1980s, drug companies in the Fortune 500 had average profits rates (i.e., as a percent of revenues) that were double the average for all other industries in the Fortune 500. During the 1990s drug company profits rates averaged 4 times the average profits rates of all other industries, and during the first 5 years of the twenty-first century, drug company profit rates were about 3 times the rates of other industries. According to the U.S. Census Bureau’s Quarterly Financial Reports, in the first quarter of 2007 and 2008, average drug company profit rates…
Shaadi.com has been wondering how it can bring back customers to its website. This is specially because once the objective of the customer to find a match has been achieved, the customer has no reason to return. The advertising revenues of Shaadi.com are linked to number of customers the site is able to attract and retain. What strategy should this website adopt?
Design of health promotion programs including four phases (diagnosis, programme development, implementation, evaluation):1. Identify program objectives2. Develop a plan for building networks for collective action3. Select the best ways of achieving the objectives at environmental and individual level; more specifically, the selection of strategies, messages, channels, and settings4. Determine activities, including identification of necessary resources5. Set a clear program plan
Their board of directors in 2014 was delighted with their cash flow and profits. However, they were concerned about future growth because of changing diets of many consumers who had become more concerned about consuming milk-based products. The company had already added low-fat versions of the major products but the board members were concerned that this would not be sufficient to sustain their growth and profits. Some possibilities that were suggested for consideration included (1) setting up a new company to produce non-dairy-based products such as almond milk and other alternatives to cow milk. All the new products would have a healthy “spin” such as the White Wave company; (2) market expansion of their existing product lines into Mexico and Central America; (3) expanding their current product offerings by adding ice cream, high-end cheeses made from goat and sheep milk, and high-end milk-based candy; and (4) a combination of one or more of these alternatives. 1. Evaluate all…

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS