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Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
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- Some new product launches fail and this leaves a negative impact on the profitability of the company. Using a particular product as an example, discuss1. Some of the key determinates and conditions that need to be met to launch that product successfully on the market; 2. What may go wrong with the launch of that product and why? 3. What steps should the company launching the product take in order to mitigate product launch failure or to address the situation in the event of a failure of the launch of that productWrite “True” if the statement is true and write “False” if the statement is false.1. With the emergence of the information era, companies need to create value from theirintangible assets as well as their physical and financial assets.2. The primary purpose of balanced scorecard is to obtain increased operating profits for thecurrent year.3. To achieve success, it is important to set non-financial objectives as well as financial objectives.4. Different value propositions lead to different balanced scorecards.5. A properly constructed balanced scorecard tells the story of a business unit’s strategy.6. Strategy is about selecting the set of activities in which the organization will excel to create asustainable difference in the market.7. The vision and mission statement set the general direction for the organization.8. To create the balanced scorecard, first measures are identified and then translated intoobjectives.9. One valuable measure for the customer perspective of the balanced…Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below:Year XT PC Sales Revenue($’000,000)All Industry PC Sales Revenue($’000,000,000)1 2.4 4.62 5.9 8.63 15.5 10.74 27.8 14.85 35.9 18.56 38.1 19.4Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion? C. Advise management at Integrated Products Corporation (IPC) which of the twosales estimates from parts A and B above they should use. Justify your…
- Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below:Year XT PC Sales Revenue($’000,000)All Industry PC Sales Revenue($’000,000,000)1 2.4 4.62 5.9 8.63 15.5 10.74 27.8 14.85 35.9 18.56 38.1 19.4Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?SOLVE IN EXCEL AND PROVIDE SENSITIVITY REPORT PLEASE SHOW ALL FORMULA IN EXCEL A company blends nitrogen and phosphorous to produce two types of fertilizers. Fertilizer 1 must be at least 50% nitrogen and sells for $55 per pound. Fertilizer 2 must be at least 55% phosphorous and sells for $45 per pound. The company can purchase up to 9000 pounds of nitrogen at $20 per pound and up to 12,000 pounds of phosphorous at $12 per pound. Assuming that all fertilizer produced can be sold, determine the optimal blending plan for the company. What is the maximum profit? Suppose the company could acquire 1,000 pounds more of either nitrogen or phosphorous. Which should it choose? What would be the resulting impact on profit?In 2020, a manufacturing company instituted a total quality management (TQM) program producingthe comparative report shown below:[LO 17-5]Summary COQ Report(in thousands)2019 2020 % ChangePrevention costs $ 200 $ 300 +50Appraisal costs 210 315 +50Internal failure costs 190 114 −40External failure costs 1,200 621 −48Total COQ $1,800 $1,350 −25On the basis of this report, which one of the following statements is most likely correct?a. An increase in conformance costs resulted in a higher-quality product and, therefore, a decreasein nonconformance costs.b. An increase in inspection costs was solely responsible for the decrease in quality costs.c. Quality costs such as scrap and rework decreased by 48%.d. Quality costs such as returns and repairs under warranty decreased by 40%.e. Nonconformance costs increased by 50% and conformance costs decreased by approximately 47%.
- 2. CRM can be classified into the two main types: operational CRM and analytical CRM. Briefly explain thetwo types and give an example for each type.3. Why does Harrahs' loyalty program work when others don't? 4. One of the key concept in CRM is the Life Time Value (LTV) of a customer. Let's assume that we are acompany that sells coffee and snack and Tom is our customer. Calculate Lifetime Value (LTV) of Tom withthe Custom LTV Equation way ( https://blog.kissmetrics.com/how-to-calculate-lifetime-value/ ) . Tom 'saverage expenditure per visit is $10 and Tom visited us 10 times per week on average. A customer usuallyremains as a customer for 3 years (i.e., the average customer lifespan is 156 weeks (3 years *52 weeks peryear) and profit margin per customer is 10% on average.A plant manager wants to know how much he should be willing to pay for perfect market research. Currently there are two states of nature facing his decision to expand or do nothing. Under favorable market conditions, the manager would make $100,000 for the large plant and $5,000 for the small plant. Under unfavorable market conditions, the large plant would lose $50,000 and the small plant would make $0. If the two states of nature are equally likely, how much should he pay for perfect information? a. $0 b. $50,000 c. $100,000 d. $25,000Hi is this correct?The management of an oil company is trying to decide whether to drill for oil in a particular fieldin the Gulf of Mexico. It costs the company $600 thousand to drill in the selected field. Themanagement believes that if oil is found in this field, its estimated value will be $3400 thousand. Atpresent, this oil company believes that there is a 45% chance that the selected field actually containsoil. Before drilling, the oil company can hire a team of geologists to perform seismographic tests at acost of $55 thousand. Based on similar tests in other fields, the tests have a 25% false negative rate(no oil predicted when oil is present) and a 15% false positive rate (oil predicted when no oil ispresent).A. Assume the oil company wants to maximize its expected net earnings. Please utilize decisiontree analysis to determine its optimal strategy.B. Calculate the expected value of the information (EVI/EVSI) provided by the team ofgeologists.C. Calculate and interpret EVPI…
- Dropdowns (Above)1. Yes/No2. Less than/greater than3. 20,30,40,50,60,70,804. Are/Are Not5. May/May NotNokia's new CEO, Stephen Elop, alluded to the company's problems in a direct note to his coworkers in 2011. Elop emphasized that the company was taken aback by the popularity of Apple's iPhone and Google's Android operating system. He claimed that the company is surrounded by inventive competitors who are stealing its market share while standing on a "burning platform," which BBC News confirmed. The first iPhone was released in 2007, and Mr. Elop, the CEO of the Finnish company, stated in a memo to employees that "we still don't have a product that is close to their experience." initially published by the technology website Engadget Android entered the market a little more than two years ago, and they surpassed us in terms of smartphone volume this week. According to IDC, Nokia's overall market share has been steadily declining. Nokia's market share fell from 38% in 2009 to 28% at the end of 2010, and then to 12% in 2011. Samsung hopes to surpass Nokia in the overall mobile phone…Explain what is meant by the test data approach. What arethe major difficulties with using this approach? Define parallel simulation with auditsoftware and provide an example of how it can be used to test a client’s payroll system