PE DEV LTD is a local company outsourced by manufacturing companies both local and international to produce engineering graphics of their designs. The management of the company is considering switching from manual drawings to computer-aided drawing (CAD). They are however not sure if it would be a good idea. Justify if it’s a good decision by providing the challenges and gains
Q: What is the best of the best payoff value? DIHL Co. is a Danao-based logistics company owned by…
A: Since the actual requirement of the alpha value not mentioned in the question, we have answered the…
Q: Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches…
A: 1. Mission is termed as a statement of purpose that characterizes what line of business an…
Q: You are a manager at a certain factory that designs small gadgets. The factory has been quite…
A: With the help of a decision tree, it will be easy for the CEO to take a decision in a good or bad…
Q: Expando, Inc, is considering the possibility of building an additional factory that would produce a…
A: Given, NPV of Small facility with low demand = 9 - 7 = $2 million NPV of Small facility with high…
Q: Suppose a monopolistically competitive firm operates in a long run which produces 40 units of output…
A: Due to larger number of buyers and seller in a monopolistic competition market structure and freedom…
Q: e Dragvol University of Technology aspires to be the best in Ghana providing education with cutting…
A: It's only formative if it's ongoing; it's only summative if it's the last chance, the'summation' of…
Q: Techware Incorporated is considering the introduction of two new software products to the market.…
A: The cost of introducing each product are $180,000, $150,000 and $330,000 (180k+150k). Subtracting…
Q: Imagine Industries, is a multinational firm that designs and produces tourist merchandise for major…
A: Hello thank you for the question. As per guidelines, we would provide only one answer at a time.…
Q: Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches…
A: When it comes to products, the focus of the company must be on developing the right kind of flavors…
Q: Using the information provided in the case (see below), identify the fixed and variable costs. www…
A: The financial position of a company refers to the state of a company which tells about the financial…
Q: . Hazel is thinking of making some of her operations sustainable. What are some ideas she might…
A: Sustainability is a popular concept which has to enter into the operations of the business. It…
Q: CBA Rural Bank is a rural bank that serves the entire Zamboanga Peninsula, and it, like any other…
A: Since this question is multi-part, I have answered the first 3 parts for you. In case, you want to…
Q: Please describe Maslow’s Hierarchy of Needs Discuss how you are going to apply Maslow’s Hierarchy…
A: Innovation is the heart of business growth. Innovation can be achieved by motivated employees. This…
Q: a. Which alternative should be chosen under the maximax criterion?
A: Maximax criteria in decision making indicating the model of choosing the right decision without…
Q: A global manufacturer of electrical switching equipment (ESE) is considering outsourcing the…
A: a. Number of breakers per year = x From the given case, 8000000 + (11)x = (16)x x = 1600000…
Q: P = RM 1100 VMPxA = RM 800 VMPxB = RM 1300 VMPxC = RM 1100 where P is price and VMPxis the…
A: Given Price of the product (in Malaysian Ringgit) =RM 1100 Value of marginal product for good A = RM…
Q: Herron Company is screening three new product ideas: A, B, and C. Resource constraints allow only…
A: Answer: In this particular problem, The Herron company's manager has decided to give equal weightage…
Q: In turaa ltd. the total no. of units produced are 234k and the labour input was 20% of output and…
A: given: output = 2,34,000 Units labour input = 20% of Output i.e. Rs. 46,800 Material Input = 85% of…
Q: Jedd farms, consisting of 8.9 hectares of land, harvested 5090 sacks of corn. Productivity is at ___…
A: THE ANSWER IS AS BELOW:
Q: Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches…
A: Facility: According to the provided case, we conclude that the company Pinkie…
Q: Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches…
A: Transformation Process A transformation process is any action or gathering of exercises that takes…
Q: For the last 2 years, the Homes-r-US company has experienced a fixed cost of $850,000 per year and…
A: Given that: Current FC $8,50,000 Current(r-v) 1.25 Used FC= Fixed cost
Q: Herron Company is screening three new product ideas: A, B, and C. Resource constraints allow only…
A: The preference matrix method is to take a decision based on the weightage of the product. The higher…
Q: ABC Company has several branches within the city. One of its branches is suffering from declining…
A: Given- Shut down the branch and sell = P5MMajor renovation cost = P4MMinor renovation cost = P2M…
Q: Outsourcing involves external risks which the operations managers must consider, which of the…
A: Outsourcing signifies a progressively acknowledged business practice in which job functions are…
Q: Utikasn Ltd. purchase glass bowls for € 2.5 per unit or they can manufacture it with fixed cost of €…
A: Given: Per unit price = € 2.5 Fixed cost = € 69,000 Variable cost = € 1.5 Demand quantity =…
Q: Rao Technologies, a California-based high-tech manufacturer, is considering outsourcing some of its…
A: For w = 0, Source A is better. For w = 10, Source A is better For w = 30, Source A is better
Q: What do you think is the most important effect of cross-utilization for an establishment's menu? 2.…
A: In the restaurant business, cross-utilization is a key ingredient to success. By definition,…
Q: You are a manager at a certain factory that designs small gadgets. The factory has been quite…
A: A decision tree is the visual representation of possible alternatives in decision making. In…
Q: 3 Problems seen in the situation: 1. It does not earn too much but it makes sales enough for…
A: From the case details, the following information can be extracted. 1. The company is not earning…
Q: A large global automobile manufacturer is considering outsourcing the manufacturing of a solenoid…
A: Several factors are to be considered while a business contemplates a make or buy situation. In the…
Q: company a has a total of 2.5 revised efe matrix total score and a total of 2.5 within their previous…
A: Every organization uses internal factor evaluation and external factor evaluation for formulating…
Q: Jamison Health Care is trying to decide if it should eliminate its orthopedic care division. Last…
A: In the given case the allocated OH cost of $110,000 (= 200,000 - 90,000) is fixed thus is a sunk…
Q: peers who graduated with her had started
A: Ans1) According to me, what calculations that the Michelles did was good and best supports to his…
Q: Techware Incorporated is considering the introduc- tion of two new software products to the market.…
A:
Q: Rao Technologies, a California-based high-tech manufacturer, is considering outsourcing some of its…
A: Given data is
Q: Discuss the cost-flexibility tradeoff in the context of a private healthcare sector in a country? b)…
A: a). The simplest example to understand or disclose this is to view any minimal expense private…
Q: Alibaba International Academy is considering changes to its class structure in an effort to increase…
A: [1] Initial Schedule Professors teach 125 students in 15 hours Productivity = 125/15 = 8.33…
Q: Discuss in detail about the following components of Production and Operations activities about…
A: Disclaimer-Since you have posted a question with multiple sub parts , e will solve first three sub…
Q: Ooredoo is a business in oman, based on ooredoo answer the following: 2. Write about the nature of…
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you…
Q: Explain the strategy of Panera Bread Company and discuss the competition. Also describe size and…
A: Panera Bread Company is an American store chain of quick service restaurants that are at 2,000…
Q: PRODUCT : Vitamins 1. What kind of values, personalities, interests would you expect the people…
A: The buying behavior of the customers would vary from one target market to another. The geographical…
Q: Carry out a SWOT analysis for the mall providing 2 Strengths, 2 Weaknesses, 2 Opportunities, and 2…
A: SWOT analysis is strengths, weakness, opportunities and threats. The SWOT analysis of a mall is as…
Q: Benoit Manufacturing Company manufactures and sells parts for various musical gadgets. The following…
A:
Q: Hahn Manufacturing purchases a key component of one of its products from a local supplier. The…
A: Formula:
Q: Give me a narrow title for a feasibility study. Im an agricultural business management student from…
A: Title of a study represent the domain under which the feasibility / Research work is being…
Q: Use the information of the following payoff table Size of Market factory nature Good Average Bad…
A: Find the Given details below: Given details: Market Nature Size of factory Good Average Bad…
Q: Kumzar is a small village in Oman. In the village, there are many small groceries are operated…
A: The correct option is option b. It is an idea.
PE DEV LTD is a local company outsourced by manufacturing companies both local and international to produce engineering graphics of their designs. The management of the company is considering switching from manual drawings to computer-aided drawing (CAD). They are however not sure if it would be a good idea. Justify if it’s a good decision by providing the challenges and gains.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- See-Clear Optics is considering producing a new line of eyewear. After considering the costs of raw materials and the cost of some new equipment, the company estimates fixed costs to be Php 1,000,000 with a variable cost of 2,000 per unit produced.a. If the selling price of each new product is set at Php 3500, how many units need to be produced and sold to break even?b. If the selling price of the product is set at Php 3000 per unit, See-Clear expects to sell 2000 units. What would be the total contribution to profit from this product at this price?c. See-Clear estimates that if it offers the product at the original target price of Php 3500 per unit, the company will sell about 1500 units. Will the pricing strategy of Php 3500 per unit or Php 3000 per unit yield a higher contribution to profit?Give typed full explanation Industrial Products, Inc. has two alternatives for manufacturing 12,000 industrial 100-horse power electric motors per year. If done in-house, fixed cost would be $2,100,000 with variable cost at $6,800 per unit. Alternative two is to outsource for a total cost of $7,300 per unit. a. What is the break-even quantity? b. Should the firm make-in-house or outsource?Rao Technologies, a California-based high-tech manufacturer, is considering outsourcing some of its electronics p roduction. Four firms have responded to its request for bids, andCEO Mohan Rao has started to perform an analysis on the scores his OM team has entered in the table below. Weights are on a scale from 1 through 30, and the outsourcing provider scores are on a scale of 1 through 5. The weight for the labor fac tor is shown as a w because Rao's OM team cannot agree on a value for this weight. For what range of values of w, if any, iscompany C a recommended outsourcing provider, according to the factor-rating method?
- . What are some of the reasons for poor decisions?Jingle Motors has been experiencing increasing competition from its rivals in the recentyears. This has resulted in declining sales and profits for the company in the last two years. Inaround to turnaround the company, Mr. Kumar has been appointed as the new CEO of JingleMotors. Mr. Kumar has the task of implementing multi-dimensional changes so as to increaseits competitive advantage. Mr. Kumar has decided upon two main changes in order toovercome this challenge. First, he plans to restructure the company from a multi-divisionalstructure to one in which cross-functional teams will be responsible for developing new carmodels. Second, he wants to decentralize decision making authority to teams and make themresponsible for achieving higher quality and lower costs.a. Discuss the nature of obstacles that Mr. Kumar is likely to encounter in implementingthe changes. Which of these is most important to overcome?b. How can Mr. Kumar overcome these obstacles?Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-13 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1and P2 using the step method with S1 going first?
- Rayyan manufacturing company is trying to decide whether to make-or-buy an accessory item for one of their products. It is projected that this item will sell for $14 each. If the item is outsourced, there is virtually no cost other than the $10 per unit that they would pay their supplier. Internally, they have a choice of making a process to produce the item which requires an investment of $300,000 for design and equipment, but results in a $9 per unit cost. Regardless of whether the item is outsourced or produced internally, there is a 60% chance that they will sell 250,000 units, and a 40% chance that they will sell 150,000 units.Computex is a new company in the computer field. The company has produced one product that has been marketed and want to develop a new graphical display terminal.Mr. Renap is the Chief Engineer and has developed two alternatives: First alternative : Conventional way and use existing facilities with little modification cost ($50000), and it will not be very different from existing terminals that are being marketed by other competitors. Second alternative: Radical departure from existing terminals in the market. Now it is January 2021 and if the company must decide now, the radical development of graphical terminal depends upon the development of a special display screen which itself depends on the quality of coating materials. Mr.Renap investigation of this new material leads him to believe that there is: 30% chance High-quality coating material 50% chance Medium-quality coating material 20% chance Low-quality coating material He will not know for sure except in six months from now,…Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-12 What is the total cost in P1 and P2 after allocation using the direct method?
- Dohini Manufacturing company had following 12 months of data on purchasing cost and number of purchase orders. Required: 1. Determine the high point and low point. 2. Calculate the variable rate for purchasing cost based on the number of purchase orders. (Round to nearest cent) 3. Calculate the fixed monthly cost of purchasing.(Round to nearest dollar). 4. Write the cost formula for the purchasing activity showing the fixed cost and the variable rate. 5. If Dohini manufacturing company estimates that next month will have 430 purchase orders, what is the total estimated purchasing cost for the that month?(Round to nearest dollar) 6. What if Dohini manufacturing wants to estimate purchasing cost for the coming year and expects 5340 purchase orders? What will estimated total purchasing cost be? What is the total fixed purchasing cost? Why doesn't equal the fixed cost calculated in Requirement 3?(Round to nearest dollar)Great Automation Sdn. Bhd. is a local company producing and support automated manufacturing system. The company has 200 design engineers and another 30 engineers working on system assembly and customizations. They were supported with supporting technical staffs and operators. The focus is on technology innovation, domain expertise, rather than fabrication, as most of the fabrication work are systematically contracted out. The company was founded in 2000 and has been growing rapidly, not only serving local, but ASEAN manufacturing facilities. Since founding, the company never put any focus on managing Intellectual Properties, and just to design and deliver in what has been requested by its clients. Last year, the company just ended up a lawsuit that they have to stop selling one of its customised machine. The machine incorporated some of the element that was formally designed, where third party (a competitor) claimed that it is theirs. Later found out informally, that the company former…Table below is the cost breakdown per pound for typical big three cereal firms and private labels, which is constructed based on the Exhibit 2 and other information of RTE cereal case. Analysts believe that big three firms can drive private labels out of the market if big three lower their prices by 8 cents. What is the best recommendation of strategist to big three firms? Exhibit 2. Cost Breakdown per Pound for Typical Big Three Cereal Firms and Private Labels (a) Big three should lower their prices by 8 cents because it will increase their market share. (b) Big three should not lower their prices because it is too cruel to private labels. (c) Big three should consider if the profit when they drive private labels out of the market while lowering the price is greater than the profit when they let the private label in the market while keeping their prices. (d) None of the above. Explain each of the alternatives.