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Q: Importance of leadership
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Q: Discuss some of the protected characteristics covered by equal employment opportunity laws and why…
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A: Assume the following LPP:
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A: Given-
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Q: What is the main goal of the recovery process after a disaster?
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- Mikey W. Smitty, an emerging musician, is getting ready to cut his first CD. The cost of recordingthe CD is $3,000 but copies cost $2 apiece and the CDs can be sold for $17 each. He wishes toknow how many CDs he needs to sell to break even and what his profit or loss will be if hehappens to sell only 170 CDs. Set up the breakeven problem and be prepared to answerquestions from the output.The Math Club is selling pies on March 14th as a fundraiser. Let Q be the number of pies they make and sell. The total cost, C(Q) in dollars, for making Q pies is given by: C(Q) = 36 + 2Q. Sales price is 5 dollars for each pie. What is the additional cost to make 21 pies instead of 20 pies?The Betterbilt Construction Company designs and builds residential mobile homes. Thecompany is ready to construct, in sequence, 16 new homes of 2,400 square feet each. Thesuccessful bid for the construction materials in the first home is $64,800, or $27 per square foot.The purchasing manager believes that several actions can be taken to reduce material costs by8% each time the number of homes constructed doubles. Based on this information,a. What is the estimated cumulative average material cost per square foot for the first fivehomes?b. What is the estimated material cost per square foot for the last (16th) home?
- Lake Stevens Marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.30 . The selling price per dollar of sales is: $1.00 Determine the effect on the break-even point in sales dollars considering each of the following independently. 1. Total fixed costs increase to $365,000. Break-even point = ÷ = 2. Variable costs decline to $0.25 per sales dollar. Break-even point = ÷ = 3. The anticipated sales volume increases to $1,100,000. Break-even point = ÷ = Comment on the BEPs from the above analyses in questions 1,2,3.CVP Analysis with Income Taxes Cohen Company produces and sells socks. Variable cost is$6 per pair, and fixed costs for the year total $75,000. The selling price is $10 per pair.Required Calculate the following:1. The breakeven point in units.2. The breakeven point in sales dollars.3. The units required to make a before-tax profit of $40,000.4. The sales dollars required to make a before-tax profit of $35,000.5. The sales, in units and in dollars, required to make an after-tax profit of $25,000 given a tax rate of 30%.4.1REQUIREDStudy the information given below and calculate the following if the sales manager’s proposal is accepted:4.1.1 Break-even quantity.4.1.2 The number of units that must be sold to achieve the company’s profit objective. INFORMATIONSirloin Enterprises manufactures a product that sells for R9 each. The company presently produces and sells 90 000 units per year. Total variable manufacturing costs and selling costs are R405 000 and R81 000 (10% of sales) respectively. Fixed costs are R226 440 for manufacturing overheads and R97 200 for selling and administrative activities.The sales manager has proposed that the price be increased to R10.80 per unit. The company’s profit objective is 10% of sales. 4.2 ENO Ltd, a pharmaceutical company, is seeking finance for the development of a vaccine aimed at reducing the spread the Corona virus. The company is seeking funding only from the public in the form of equity as well as long-term borrowing.In light of the above, critically discuss…
- 1) Which of the following translates business plan into productionplanningAPPMPSMRPNone of the Above2) Master production schedule is a medium-range planning and it isused for quantity and timing ofcomponents and raw materialFinished goodsBoth A & B3) The manufacturing strategy which deploys hiring and laying ofworkers in order to match its production rate to demand is calledLevel Production StrategyChase Production StartegyHybrid StrategyNone of the above4) "In a level production strategy, if the firm makes annual 120,00units per annum, the permonth production can be estimatted by""120,00 /12""120,00 / 365"The information is not complete5) The Bill of material is an engineering documments that showsinclusive listing and sub-components to be used for end productTRUEFALSE6) A lead capacity usually increases or decreases its capacity in anticipation of demand, this is known as "Match strategyLead Capacity StrategyLag capacity strategy7) The most important output of MRP isBOMPlanned…The Chineke Group of Company manufactures two products, namely product B and product P, and provides you with the following information: Prod. B Prod. P Selling price per unit 80.00 50.00 Less cost of sales: Direct material A @ R5.00 per kg 15.00 10.00 Direct material B @ R4.00 per kg 8.00 12.00 Direct labour @ R6.00 per hour 12.00 6.00 Variable manufacturing overhead @ R5.00 per labour hour 10.00 5.00 Fixed manufacturing overhead per unit 5.00 5.00 Gross profit 30.00 12.00 Less sales & administrative costs: Variable 6.00 4.00 Fixed 10.00 5.00 Net profit per unit 14.00 3.00 Take note of the following constraints: Material A available 360 kg Material B available 360 kg Labour hours available…manufacturing company produced 90000 units that sold for OMR 360000. The total variable costs for the units produced were OMR 225000 and the fixed costs were OMR 150000, the number of units must be sold to realize a profit of OMR 18000, is (.....................) units. (Write the number only) Answer:
- George Fine, owner of Fine Manufacturing, is consideringthe introduction of a new product line. George has consideredfactors such as costs of raw materials, new equipment, andrequirements of a new production process. He estimates that thevariable costs of each unit produced would be $8 and fi xed costswould be $70,000.(a) If the selling price is set at $20 each, how many unitshave to be produced and sold for Fine Manufacturingto break even? Use both graphical and algebraicapproaches.(b) If the selling price of the product is set at $18 per unit,Fine Manufacturing expects to sell 15,000 units. Whatwould be the total contribution to profi t from this productat this price?(c) Fine Manufacturing estimates that if it off ers the productat the original target price of $20 per unit, the companywill sell about 12,000 units. Which pricing strategy—$18per unit or $20 per unit—will yield a higher contributionto profi t?(d) Identify additional factors that George Fine shouldconsider in deciding…4. Suppose you are the Manager of Square Food & Beverage Ltd, you are assigned to lookafter the ‘Radhuni Masala’ (spices). How you would like to draw your company’s valuechain activities to minimize the company’s cost structure and increased customer valueproposition.10. The company decided to purchase the equipment and choose between the two types of equipment. The investment cost of each type of equipment is shown in the table below. tipe cost 1 10000 2 14000 The product requirements and operation time of the two devices are shown in the table below: product anual demand processing time min 1 12000 4 6 2 10000 9 9 3 18000 5 3 1) If the equipment works 250 days a year and operates for 8 hours a day, how many sets of each type of equipment are needed to meet the demand? What is the annual buffer processing time of each type of equipment? 2) If you take requirements as an important consideration, What kind of equipment will be selected under the demand of high certainty? What kind of equipment will be selected under the demand of low certainty?
