Future express deals with futuristic robots and it purchase it by sourcing it to the local manufacturers for Rs. 1,67,000 per product or it is planning for setting up production for it in which Rs. 82,00,000 is fixed cost to be incurred and variable cost per unit will be Rs. 3700. State which is economical when 5000 units demanded per anuum by the company .
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Future express deals with futuristic robots and it purchase it by sourcing it to the local manufacturers for Rs. 1,67,000 per product or it is planning for setting up production for it in which Rs. 82,00,000 is fixed cost to be incurred and variable cost per unit will be Rs. 3700. State which is economical when 5000 units demanded per anuum by the company .
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- Suman can purchase brass cups for Rs 32 per unit pr produce it in house where the associated fixed and variable costs are Rs 62000 and Rs 22 respectively and if the demand for this component is 600 units per annum, ascerta Whether it is economical to make the product in house rather than sourcing it ?Hind Motors is a budding startup that started manufacturing electric 2 Wheelers (2W) at Chennai in 2019. With the decreasing battery cost and increased subsidy that the government offers to e vehicles, the sales have increased to 20000 units in last FY 2020-21. However a challenge that the startup is facing is the lack of SCM expertise. Most of the managerial persons are electrical engineers or IT professionals. Though Chennai has significant presence of auto industries, yet most are facing shortage of SCM experts. The top management is obviously worried in view of the anticipated volume surge and ballooning supply chain costs but dip in operations quality. Questions:A. What options are available with Hind Motors to quickly build up SCM expertise? B. What would be the advantages and disadvantages to Hind Motors of hiring a 3PL?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?
- Yuki sells rose flower pots. She gets the pots from Lazada. The price he paid for 6 pots is Php4,800.00. To covers costs, Yuki needs to generate a profit margin of 68% for each vase. What percentage mark-up should she add on each pot? If all the pots are sold, what is the total revenue generated? What is the total profit generated? What is the % margin?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?Strawberries cost $2.28 per pound and bananas cost $2.55 per pound. If Mario buys 2.9 pounds of strawberries and 2.6 pounds of bananas, what is his average cost for fruit per pound?
- Total Cost equals the fixed cost plus variable cost per unit divided by volume? True FalseIn preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $35 per doll. During the holiday selling season, FTC will sell the dolls for $43 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is uncertain. The normal probability distribution with an average of 60,000 dolls and a standard deviation of 15,000 is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. (a) Create a what-if spreadsheet model using formulas that relate the values of production quantity,…send answer fast! Amos ltd. can purchase brass plates fro Rs 41 per unit or to produce it in house where the associated fixed and variable cost are 61,000 and 31 Rupees respectively. If the demand for this component is 6100 units per month, ascertain whether it is economical to make the product in house rather tuan sourcing it ?
- In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $34 per doll. During the holiday selling season, FTC will sell the dolls for $42 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is uncertain. The normal probability distribution with an average of 60,000 dolls and a standard deviation of 15,000 is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. Besides average profit, what other factors should FTC consider in determining a production quantity?…In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $34 per doll. During the holiday selling season, FTC will sell the dolls for $42 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is extremely uncertain. Forecasts are for expected sales of 60,000 dolls with a standard deviation of 15,000. The normal probability distribution is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. In addition to mean profit, what other factors should FTC consider in…Define the term ‘SBU’. ITC Ltd is divided into different SBU’s such as – FMCG, Hotels, Paperboards, Paper & Packaging, Agri Business and Information Technology. What do you think is the purpose of creating these SBU’s by ITC Ltd.