Please assist QUESTION 21. Mr. Jack is in the process of expanding his manufacturing business. He decided to opena plant in the coming year. He has four locations in mind. The costs information forthese locations is in the following table.LocationsAFixed Costs 60,000Variable30Costs/unita.i.ii.iii.iv.V.B80,00020с100,00015D130,00010Write an equation to represent the total costs for each location.Draw the total costs lines for each location on the same axes. (Use output rangesof 200, 400, 600 & 800 etc. and intervals of $50,000 on the Y axis.Over what range of output is location A the most preferred location?Over what range of output is location B the most preferred location?Over what range of output is location C the most preferred location?

Cost information is knowledge of the various expenses incurred during the course of an…

Answered: QUESTION 2 1. Mr. Jack is in the…

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...

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QUESTION 21. Mr. Jack is in the process of expanding his manufacturing business. He decided to opena plant in the coming year. He has four locations in mind. The costs information forthese locations is in the following table. Location A B C D Fixed Costs 60,000 80,000 100,000 130,000 Variable costs/unit 30 20 15 10 a.i. Write an equation to represent the total costs for each location. ii. Draw the total costs lines for each location on the same axes. (Use output rangesof 200, 400, 600, 800 etc. and intervals of $50,000 on the Y axis. iii. Over what range of output is location A the most preferred location? iv. Over what range of output is location B the most preferred location?v. Over what range of output is location C the most preferred location? b. A food manufacturer wants to locate a warehouse to serve its major customers.The customers, annual volume and the X and Y coordinates are shown in thetable below. Customer Annual Volume X-Coordinate Y-Coordinate Judy Inc 25…
Question 2 Acme Fasteners desires to locate a new facility. Based on preliminary analysis, the choice has been reduced to four locations: A, B, C, and D. These four locations were rated on a scale from 1 (worst) to 10 (best) on each of four criteria. Each criterion was also weighted to indicate its importance (i.e., the higher the weight, the more important). The list of ratings and weights follows. Based on weighted scores, where should Acme locate its new facility?
Question 4a. ABC Ltd. Wants to choose the best location for its new aluminum plant. The manager ofproductions and operations has three possible locations to choose from. His assistantrecommends that he use break-even analysis location technique to help determine whichlocation is best based on costs.I. Design a numerical example in order to demonstrate to the Productions andOperations Manager how break-even analysis can be used in this case. II. Demonstrate to the OM manager how to go about choosing the best location using thenumerical example you designed above. b. The staff training centre of a telecommunications company provides training for itsregional employees every year. The capacity of the training centre was designed to train1,800 employees per year. Due to the complexity of the programmes, the mostemployees that centre can train per year is 1,400. In the past year, 1,350 employees were trained. Calculate:-i. The efficiency rate of the training centre. ii. The utilisation rate…
Question 3Maya ltd. wants to use the Centre of Gravity location technique to determine where to setup itsdistribution centre.I. What is the main objective of using this technique? II. What information will be needed in order to use this technique? III. Setup a numerical example that can be used to demonstrate to the owner of thecompany how the technique can be used. IV. Use the numerical example set up above to demonstrate how the centre of gravitylocation technique is used.
Question 2Tropical Bliss wants to use an event to promote its new products. The company will however need to decide regarding the location and venue to use for the launch of its exiting new product line. They have developed a payoff table for three locations: Montego-Bay, Kingston, and Mandeville, and have also identified three states of nature (the crowd response / turn-out) Large, Moderate and Low: What location should Tropical Bliss choose if the MaxiMax criterion is used? B. What location should Tropical Bliss choose if the LaPlace criterion is used? C. Using the MaxiMin criterion, which location should Tropical Bliss choose? D. If the probability of getting out a large crowd is 43%, the probability of getting out a moderate size crowd is 22%, and the probability of getting out a small crowd is 35%. Using expected monetary values, what decision should be made by Tropical Bliss and what is that optimal expected value? (E. Construct the appropriate decision tree to help…
Question 1 A firm is considering three different locations in which to build a factory. The costs associated with each location are given below. Location A B C Fixed Costs 500 700 900 Variable costs per unit 10 6 4 Plot the crossover chart for the locations. What level of output will each location be preferred? Write an equation to represent the costs for each location. Use algebra to determine the crossover points.
Question 1. Mr. Jack is in the process of expanding his manufacturing business. He decided to open a plant in the coming year. He has four locations in mind. The costs information for these locations is in the following table.Locations A B C DFixed Costs 60,000 80,000 100,000 130,000Variable Costs/unit30 20 15 10 i. Write an equation to represent the total costs for each location.ii. Draw the total costs lines for each location on the same axes. (Use output ranges of 2000, 4000, 6000, 8000 etc. and intervals of $50,000 on the Y axis.iii. Over what range of output is location A the most preferred location?iv. Over what range of output is location B the most preferred location?v. Over what range of output is location C the most preferred location?
QUESTION 7 Kelly Holiday Tavel Ltd is deciding which destination to award its “holiday site of the year” award to. It has compiled the following information and assigned weightings to reflect how important each factor is to its customers. All numbers are percentages. Which destination will win the award? Safety Culture Food Acapulco 50 70 80 Moscow 5 60 40 Romford 20 10 20 Toronto 80 50 60 WEIGHT 25 50 25 A. Acapulco B. Moscow C. Romford D. Toronto
Question content area Part 1 The fixed and variable costs for four potential plant sites for Brent Snyder's Ski Supplies are shown below: Site Fixed Cost Per Year Variable Cost Per Unit Atlanta $120,000 $5 Burlington 70,000 4 Cleveland 95,000 3 Denver 45,000 11 Part 2
Which of the following statements regarding "proximity" in the location decision is FALSE? Question 26Answer A. Reduction in bulk is a good reason for a manufacturer to locate near the plantation. B. Clustering among fast food chains occurs because they need to be near their labor supply. C. Perishability of raw materials is a good reason for manufacturers to locate near the supplier, not the customer. D. Service organizations find that proximity to market is the most critical primary location factor. E. Manufacturers want to be near customers when their product is bulky, heavy, or fragile.
Q1. A newly formed firm must decide on a plant location. There are two alternatives under consideration:locate near the major raw materials or locate near the major customers. Locating near the raw materials willresult in lower fixed and variable costs than locating near the market, but the owners believe there wouldbe a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $185 ineither case. Using the following information, determine which location would produce the greater profit.Omaha Kansas CityAnnual fixed costs ($ millions) $1.2 $1.4Variable cost per unit $36 $47Expected annual demand (units) 8,000 12,000
Question (2): Answer the following problem: A manufacturer of a certain industrial component is interested in locating a new facility in a target market. There are four supply points A, B, C and D. Two possible sites for the new facility are being considered, one in (market Q) and the other in (market Z). The following table shows the distances being considered and the four supply points. Use the load- distance model to determine whether the new facility should be located in (market Q) or in (market Z). (State your decision) Supply points Distance to market Q Distance to market Z Load between the supply point and new facility. A 32 14 15 B 8 14 10 C 12.5 32 12 D 6.5 26 8

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