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- A manufacturing company has the following financial information (in millions of $)Sales $562Cost of goods soldDirect labor 43Purchased materials 267Overhead 35All other costs 142Pretax earnings 75a. What is the profit leverage effect of purchasing in this company?b. What is the percent increase in earnings from a 5 percent savings in purchasing?i need all answers typing clear urjent no chatgpt plz 1. A low-cost strategy involves cutting costs wherever possible, without consideration of Willingness-to-Pay. True. False 2. Under conditions of unrestricted bargaining, a firm's value capture cannot be greater than its added value. True False 3. A company may achieve greater profits than its industry peers even if it has lower revenues. True False 4. Some companies achieve greater profits than their industry peers with lower revenues. True False1. Company resources include the following: A. Human, psychological, and social B. Financial, human, and capital C. Functional, formal, and financial D. Corporate, investor, and employment 2. The Operations Department deals with: A. The production and distribution of a company's good or service B. All legal matters relating to the business C. The creation, pricing, selling, and promotion of a company's good or service D. All of these 3. Value means customers believe: A. You cannot compete on price B. They are getting a good deal for the price paid C. Both You cannot compete on price and They are getting a good deal for the price paid D. None of these
- I need help with everything 1. RMC, Inc., is a small firm that produces a variety of chemical products. In a particular production process, three raw materials are blended (mixed together) to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2/5 ton of material 1 and 3/5 of material 3. A ton of solvent base is a mixture of 1/2 ton of material 1, 1/5 ton of material 2, and 3/10 ton of material 3. After deducting relevant costs, the profit contribution is $40 for every ton of fuel additive produced and $30 for every ton of solvent base produced. RMC’s production is constrained by a limited availability of the three raw materials. For the current production period, RMC has available the following quantities of each raw material: Raw Material Amount Available for Production Material 1 20 tons Material 2 5 tons Material 3…If Delta Airlines ticket agents discovered that theywere being paid a lot less per ticket sold thanUnited Airlines ticket agents, we might expect theDelta ticket agents to _________a. increase their sales so that they will make asmuch as their United peers.b. think their outcome-to-input ratios are lowerthan those of the United ticket agents.c. have as a group very different personal needsthan United ticket agents.d. be very satisfied because they work for agreat airline.e. feel that rewards are being distributed fairlyand equitably.#17FAVORABLE UNFAVORABLEMARKET MARKETEQUIPMENT ( $) ($)Sub 100 300,000 –200,000Oiler J 250,000 –100,000Texan 75,000 –18,000For example, if Ken purchases a Sub 100 and ifthere is a favorable market, he will realize a profitof $300,000. On the other hand, if the market is unfavorable, Ken will suffer a loss of $200,000. ButKen has always been a very optimistic decisionmaker.(a) What type of decision is Ken facing?(b) What decision criterion should he use?(c) What alternative is best? #18Although Ken Brown (discussed in Problem 3-17) is the principal owner of Brown Oil, his brother Bob iscredited with making the company a financial success. Bob is vice president of finance. Bob attributeshis success to his pessimistic attitude about business and the oil industry. Given the information fromProblem 3-17, it is likely that Bob will arrive at a different decision. What decision criterion should Bobuse, and what alternative…
- Complete with the Definitions1. …………..used for keep track of basic activities and transactions of organization (e.g. sales,receipts…).2. …………...help with monitoring, controlling, decision-making, and administrative activities.3. …………...help address strategic issues and long-term trends, both in firm and in externalenvironment.4. Types of decisions such as; ……..,……….and ……………..5. …………...help with monitoring, controlling, decision-making, and administrative activities.6. …………...help address strategic issues and long-term trends, both in firm and in externalenvironment.7. Types of decisions such as; …………...,…..……….and ……………..8. OS such as; ………….,………,………,………...…..and……………...9. …………. has more computing capacity in its CPU than a typical personal computer.10. …………..includes desktops, laptops, PDAs and even cell phones helps user to input data forengineering system.In the problem on excel : 1.What are the decision variables 2.What is the objective functions 3. What are the constraints and explain9- Majid is framing the decisions that will contribute significantly to the achievement of company objectives.The above statement refers to which of the following? a. Majid is framing strategic decisions b. Majid is framing simple decisions c. Majid is framing minor decision d. Majid is framing operational decisions
- General Motors planned to essentially quit making cars and trucks for nine weeks from mid-July through Sept and CC Power planned to close one of its nuclear plants permanently. Based on these particular news reports, what is the differencebetween GM’s and CC Power’s decisions?a. CC Power was trying to get rid of excess inventory, and GM was trying to become more efficient.b. GM was trying to maximise profits while CC Power was trying to minimise losses.c. GM’s decision to idle plants was a short-run shutdown decision. CC Power, by contrast, made a long-run decision toexit a specific market.d. There is no difference between GM’s and CC Power’s decisions; both were trying to get rid of excess inventorySome 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 product2.Discuss the three types of programmed decisions that amanager depends on to resolve structured problems.