Florida Citrus produced 40000 boxes of fruit that sold for OMR 3 per box. The total variable costs for the 40000 boxes were OMR 60000, and the fixed costs were OMR 75000. (a) What was the break-even quantity? (b) How much profit (or loss) resulted? (Ans. (a) 50000 boxes and (b) OMR 15000 loss) Draw a graph for the above question. Take appropriate scale on x and y axes. Label axes Show Break-even point, break-even cost and break even quantity.
Q: 2018 2019 Quality Costs (000s) Prevention $3.2 10.7 28.3 42.6 50.0 Appraisal…
A: Total Quality Cost= Prevention + Appraisal + Internal Failure + external Failure
Q: What do you think are the top three factors to think about while shopping for new hardware?
A: Top three factors to consider while shopping for new hardware may vary depending on the specific…
Q: Is the workflow management system targeting a specific area of concern
A: A workflow management system can be defined as a software device that helps organizations manage and…
Q: Formulate this problem as a LPP b. Find the optimal solution by simplex method
A: The solution to a linear programming problem is a set of values for the decision variables that…
Q: Of 3000 employees at a given company, 175 experienced an injury while on the job in a given week. Of…
A: To calculate the total person-time of observation, we need to multiply the number of employees by…
Q: Case Study: Montana Mountain Biking Jerry Singleton founded Montana Mountain Biking (MMB) 18 years…
A: The firm Montana Mountain Biking (MMB), which offers one-week guided mountain bike adventures in…
Q: n the services segmentation matrix, if you have to plot B-School & bank services against the degree…
A: The higher degree of labor intensity: Here, both the labor costs and efforts would be high as…
Q: After graduation, you take a position at Top-Slice, a well-known manufacturer of golf balls. One of…
A: To show: That how the value of a^ and b^ calculated. Formula used: The slope coefficient b^ can be…
Q: What opportunities exist for enhancing operations via the use of information technologies in the…
A: Operations management is the process of planning, organizing, and controlling the activities that…
Q: Do not round intermediate calculations. Round your answers to three decimal places. MSE: MAD: MAPE:
A: Forecasting errors refer to the difference between the predicted values and the actual values of a…
Q: For which activities can rework be reduced by using automation? Please choose two activities. a.…
A: To generate goods and services that match customer requirements and organizational goals, operations…
Q: Should the public policy exception be expanded to protect applicants from discrimination based on…
A: From operational management perspective, expanding public policy exception to protect applicants…
Q: Describe IT project management using tools and technology.
A: A project of this type that deals with computers, information systems, or IT infrastructure is known…
Q: n the midst of this pandemic, what opportunities exist to make use of information technology to…
A: The COVID-19 pandemic has highlighted importance of information technology in enhancing overall…
Q: Assuming that the problems identified are the following, what would be your proposed solution to…
A: Service quality and customer satisfaction are critical components of a company's success. Service…
Q: A group of university students are considering opening a new business in the Tourism sector. The…
A: This discussion covers financial and accounting issues in starting a new business in the tourism…
Q: Test marketing is a strategy used by companies to asssess the customer views about their new product…
A: Test marketing is a strategy used by companies to evaluate the potential success of a new product or…
Q: What are two functions of an Operational Manager from the Human Resources Department
A: There are two general functions of an operational manager from the Human Resources department:…
Q: Maria is working to redesign the performance appraisal system for her organization. She needs a…
A: Here, Maria is redesigning the performance appraisal system, she needs to make such a system that…
Q: I cant see all your words in the explination.
A: Given: Job A B C D E F Processing Time (minutes) 50 40 60 30 25 35 FCFS scheduling algorithm…
Q: Explain using examples, the incidences where procurement has been at the limelight of risk in any…
A: When the reliability of the method used to acquire goods, services, or resources decreases, this is…
Q: The Food Max grocery store sells three brands of milk in half-gallon cartons-its own brand, a local…
A: Decision Variables: Suppose-O be the no. of cartons of own brand of milkL be the no. of cartons of…
Q: SOLVE THE FOLLOWING PROBLEM OF TRANSPORTATION. Fertimex manufactures fertilizer for general…
A: The information provided can be converted into a transportation problem that is summarised as below:…
Q: Specify the several categories of cost management software that are accessible to project managers
A: Cost management software can be defined as a sort of software application intended to assist…
Q: At what stage of global operations are ZEI, ABB, and Siemens'? Justify your answer
A: Global operations allude to the capacity of an organization to give its labor and products to…
Q: A manager wants to determine an appropriate learning percentage for a certain activity. Times of the…
A: Given-
Q: Given the quarterly sales data for a particular brand of sports shoes at a sporting goods store…
A: Find the given details below: Given details: Year Quarter Sales 1 1 4 2 2 3 1 4 5 2…
Q: “This isn’t what I need!” objected the admissions officer at Northwest Regional Hospital. Judy…
A: The question refers to a situation in which an IT department of a hospital is frequently subjected…
Q: Topic: Managment Information system Please read and answer the different parts operational…
A: Below are the answers to given questions from the case study given:
Q: Provide a online a reaction paper comparing two different firms as to how they adopt training…
A: Training is the process of teaching and developing the skills, knowledge, and abilities of employees…
Q: How effective is it to submit vendor invoices only?
A: Overseeing tasks effectively working is tied in with being coordinated, productive, & proactive.…
Q: Explore the most critical concerns in risk management. How significant is risk management when…
A: The aim of risk management is to improve the probability of accomplishing business objectives while…
Q: Expalin a master budget for the Marriott Hotel in st. Kitts
A: The master budget typically includes a set of interrelated sub-budgets, such as sales, operating,…
Q: Negotiation between a beverage manufacturer and a soft drink distributor over the terms of a…
A: CASE SUMMARY- Riscola, a multinational soft drink manufacturer, is looking for another distribution…
Q: a. In Problem 42, Mega-Mart is considering purchasing a parcel of land adjacent to the current site…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: S1 S2 S3 Dmnd M1 12 16 6 30 M2 9 11 7 40 M3 8 16 15 40 M4 18 6 2 130 Supply 80 80 80
A: Find the Given details below: Given details: M1 M2 M3 M4 Supply S1 12 9 8 18 80 S2 16 11…
Q: The following table is a transportation matrix showing the profit ($) per unit realized by shipping…
A: Decision Variables: Suppose-xij= No. of units shipped from Plant i to Distributor j Where…
Q: What advice would you give to Jan?
A: Information analysis is the process of examining and interpreting data or information to draw…
Q: Explain the Risks of the Joint Venture Entry Mode 1. Conflict of Interest 2. Lack of Control
A: Joint venture entry mode is popular strategy for companies looking to enter foreign markets.…
Q: Please suggest related the project: Recommendation: If the company should go forward or not with…
A: The project brief is for Jimmy Jonas Famous Sandwiches, a sandwich store (JJFS). Since starting…
Q: Choose either a goods-manufacturing or service-providing company to answer the following…
A: The organization we have selected is Apple Inc., which is a goods-fabricating organization that…
Q: e continue with the Painting at JWU project moving into Phase 2 by creating the project milestones…
A: Project management is a field of study where specific tools and techniques are used to monitor and…
Q: examine the term settlement in the context of industrial relation
A: Below is the explanation of the term settlement in the context of industrial relation:
Q: What type of warehouse storage system (e.g., static, mobile, mezzanine flooring, wire partitions)…
A: The choice of a warehouse storage system depends on various factors, such as the nature of the…
Q: Evaluate the merits and demerits of using external consultancy services to the management of Letlole…
A: External consultancy service alludes to the practice of looking for advice and skill from…
Q: 9. Sony, a television company, has three major departments for the manufacture of its two models, A…
A: Decision Variables: Suppose-X1 be the no. of model A to be producedX2 be the no. of model B to be…
Q: Why is the Business Analysis Modeling important during business requirement gathering phase in…
A: Business Analysis Modeling is an important aspect of the business requirement gathering phase in…
Q: What is the best approach to evaluating an ERP system, regardless of the type?
A: Enterprise resource planning systems centralize data from across an organization into a unified…
Q: Kelson Sporting Equipment, Inc., makes two different types of baseball gloves: a regular model and a…
A: Given Sensitivity Report-
Q: Is it possible to describe and explain the operational environment in only 300 words?
A: An operational environment refers to the external factors and conditions that impact the operations…
Step by step
Solved in 2 steps with 1 images
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Adidas is an athletic company designs and manufacturesseveral athletic things. Football is one of the company'sproducts that sells for $40 per unit. Total fixed costs relatedto the manufacturing of the football are $150,000 per monthand variables costs involved in manufacturing are $ 15 perunit. 1- Compute the break- even point of the football in unitsand dollars?
- On August, a light business bought $3600 worth of lamps. At the beginning of September, the store had $1400 in lights on hand, and by the end of September, it projected to have $1600 in lamps on hand to meet some of the forecasted October sales. And what's the August planned cost of goods sold?Tinker's 2020 cost of goods sold was $750,000 and 2019 cost of goods sold was $770,000. The inventory at the end of 2020 was $188,000 and $208,000 at the end of 2019. What was Tinker's inventory turnover during 2020? Group of answer choices A)3.79 b)3.99 C)3.84 D)3.89 E)None of the aboveHow do I do this? Down Creek Boots (DCB) is a boot manufacturer (fictitious) that focuses on making high-quality leather work boots, with prices ranging from $200-$350. After being successful in this market for over 30 years and developing a positive brand reputation and loyal customers, DCB has decided to broaden their line to include leather hiking boots. While these share some characteristics with work boots, the design will be slightly different and different soles will be used. They are fairly confident annual demand will be between 30,000 and 40,000 pairs in the first year, and expect a 10% growth rate in sales for the next few following years. However, in their plant in Minnesota, DCB currently has little excessive capacity. Thus, to make the new boots, DCB will either need to expand their plant, or outsource production to another boot maker. If they outsource production of the boots, they will outsource production to a firm that has the manufacturing capability to produce them…
- 1. A firm practices a pure chase strategy. Production last quarter was 818. Demand over the next four quarters is estimated to be 975, 935, 886, and 968. Hiring cost is $19 per unit, and layoff cost is $6 per unit. Over the next year, what will be the sum of hiring and firing costs? 2. A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventory last quarter was 0. The extra units produced are stored in a warehouse. The extra units needed are subcontracted. Demand over the next four quarters is estimated to be 1041, 1019, 1188, and 1090. Production cost is $25 per unit, and Inventory cost is $4 per unit. What is the production level at this form?Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?Adidas is an athletic company designs and manufacturesseveral athletic things. Football is one of the company'sproducts that sells for $40 per unit. Total fixed costs relatedto the manufacturing of the football are $150,000 per monthand variables costs involved in manufacturing are $ 15 per unit. 1-Compute the number of footballs to be sold to earn atarget profit of $30.000.?
- Ajax Manufacturing produces a single product, which takes 8.0 pounds of direct materials per unitproduced. Assume that it is currently at the end of the first quarter of the year, and there are 50,000pounds of material on hand. The company’s policy is to maintain an end-of-quarter inventoryof materials equal to 25 percent of the following quarter’s material requirements for production.How many units of product were produced in the first quarter of the year? Under the assumptionthat production will increase by 10 percent in the second quarter, what are the direct materialsrequirements (in pounds) for planned production in the second quarter?Durant Co. manufactures glass bottles for dairy products. The contribution margin is $0.10 perbottle. Durant just received notification that one of its orders for 100,000 bottles contained misprintedlabels and thus had to recall and reprint the bottle labels. If it will cost $0.05 per bottle to reprint thelabels and $1,000 to reship the bottles, what will the net contribution margin be after the recall?2) Paige Vincent is the RM at the City Center Novotel. For over 12 months, she has been working hard to improve the performance of her hotel. Paige just received the following performance data. Help her understand the revenue optimization trends for her property by completing the chart. Then, you will be asked to evaluate her efforts. City Center Novotel Performance: Occupancy % Novotel Comp Set Index This month 57.2 58.1 Last 3 months 55.1 57.7 Last 12 months 51.3 55.6 ADR This month $266.57 $270.15 Last 3 months $244.91 $269.69 Last 12 months $231.45 $268.95 RevPAR This month Last 3 months Last 12 months