what characteristic of the hospitality and tourism product is described in the following scenario: if an airline sells 150 of 200 seats on an airplane, the airline cannot inventory the seats until the next flight and sell 250 seats
Q: Manufacturing What are three business strategies that can be used in a manufacturing company?
A: Manufacturing refers to the techniques used by firms to create and sell products.
Q: A manufacturing company has entered into a new contract with a major supplier of raw materials used…
A: Inventory turnover ratio- It is ratio of cost of good sold to average inventory Ratio that helps to…
Q: Suggest practical recommendations to address the root cause and the four key challenges in Kiwi…
A: Kiwi Medical Devices Ltd recently decided to offshore its supply chain operations from New Zealand…
Q: A.Is Home depot Flat or Tall Company? B. Is Home Depot Matrix or Networked Company?
A: The Home Depot, Inc. is a home improvement retailer. The Company offers its clients an assortment of…
Q: Present a well labelled graphical illustration of this model (Boston Box) for DESPITE Group of…
A: Introduction:- Management systems are designed on delivering profitable products or services now, as…
Q: In addition to performing value analysis on the services its properties offer, Starwood evaluates…
A: Some of the essential metrics are given below:
Q: Define the supply chains for the following products from the first source of raw materials to the…
A: Supply chain management is the wide range of actions taken to plan, manage, and execute the flow of…
Q: __ is a pure good whereas ____ is core service a. Notebook, airline b. Airline, detergent c.…
A: A product or service refers to a bundle of offerings by the manufacturer, in order to meet the…
Q: Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools.…
A: Cost analysis is one of the important business decisions that operations managers must make in a way…
Q: The processes needed to determine the set of future actions required to operate an existing supply…
A: The processes needed to determine the set of future actions required to operate an existing supply…
Q: Use a company that produces or delivers a service familiar to you. Using the SCOR five step model,…
A: This structure centers around five spaces of the inventory chain: plan, source, make, convey, and…
Q: Since a relevant range of output for a homeless shelter is service oriented, what is the trigger…
A: Nonbenefit homeless shelters are focusing on offering better types of assistance to their customers…
Q: Following are some of the information on demand and costs of a mobile phone manufacturer: Monthly…
A: The EOQ could be a company's best order amount that minimizes its total prices associated with…
Q: define the approach that seeks to make revolutionary changes as opposed to evolutionary changes…
A: Business process reengineering is the approach that seeks to make revolutionary changes as opposed…
Q: Give three examples of services you are familiar with that include all of the following: there is an…
A: (1) Self service restaurant: In this the service is intangible as first the customer needs to order…
Q: Value Chain; Sustainability One way the value chain can be helpful is to provide a basis for…
A: 1. The purpose of a value-chain analysis is to increase production efficiency by delivering maximum…
Q: determine the break-even point of the firm.
A: Breakeven point is the number of unit or total value of the sales revenue which indicating no profit…
Q: Where does a customer who is unfamiliar with a certain supplier obtain the necessary information?
A: Never is the client more than a step ahead of the supplier. Regardless of how well or efficiently a…
Q: solve a and b please. a. How does this standardization possibly help achieve environmental…
A: Let’s first understand the concept of Environmental stability. We know that how important is…
Q: online shopping site that focus on school supplies Give some CUSTOMER ROI AND EXPLAIN and KEY OF…
A: ROI is most commonly known as return on investment. It is one of the parameters on the basis of…
Q: Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools.…
A: a. using Alexander and a shipping quantity of 10000 units is least cost alternative, with annual…
Q: Give three examples of revenue or cost benefits made possible by RFID tags whencontrasted to…
A: An RFID tag will consist of a radio transmitter, radio receiver, and radio transponder. The digital…
Q: 12. Supply chain is a system of organizations, people, activities, data and properties involved in…
A: To furnish the products/services that can generate a minimal amount of cost and creates more…
Q: Given received and delivered mailing, is transported from regional offices to the central office,…
A: The Center of Gravity Method is a method that aims to compute geographic coordinates for a possible…
Q: In implementing supply chain strategy, a firm must minimize its total cost without compromising the…
A: Find the Answers below: The Correct answer is Customers
Q: Give three examples of revenue or cost benefits made possible by RFID tags when contrasted to…
A: A cost is the resources value in monetary terms spent by the business to produce and deliver the…
Q: What do systems do? A) Separate functional areas B) Identify elements that add value to products C)…
A: Introduction A system is a collection of interconnected or interacting elements that follow a set of…
Q: Middleton Fine Furniture-Supply Chain Savings Opportunities* The furniture industry is a tough…
A: Supply chain costs sometimes make up a large amount of the selling price of a product or service..…
Q: part 1 of 2 - OPM 200
A: Total supply chain cost is an important performance measure of any supply chain and it includes all…
Q: Lumber at Home Depot (e.g., standard 2x4's) would most likely have which type of supply chain…
A: An efficient supply chain reduces the cost and time related to the product and is is used products…
Q: Briefly explain a fine-dining fish restaurant's product life cycle periods.
A: Product life cycle refers to marketing concept which explains that every product that exists in the…
Q: The process outputs from three suppliers are shown in the table. The customer is striving to achieve…
A: Supplier X¯ s Ppk 1 203 2 1.167 2 204.5 3 0.611 3 206 4 0.333
Q: For the business of cricket accessories. What will you use to make sure your supply chain is running…
A: Supply Chain Management (SCM) includes the progression of labor and products in an effective way. It…
Q: Q1: Explain separately the importance of the flow of activities to enhance the quality in the…
A: Q1) Customer-dependent is a working definition of quality and design, manufacturing and service must…
Q: How can you determine whether a supply chain's structure, processes, or both need improvement?
A: Supply chain management isn't like any other kind of company. It's a group of groups of groups of…
Q: Tommy's Family Furniture is looking for a new supplier for its armchairs. Tommy is primarily…
A: Given data Tommy has two supplier choices for a new arm chair On a 10-point scale, Amy's Armchairs…
Q: relation to the sale of soaps, in real life, what are the possible suppliers of the raw material
A: Supply chain is the most essential part for any company. It needs to build the product in least cost…
Q: An approach that seeks to make revolutionary changes as opposed to evolutionary changes (which is…
A: Revolution is fast and reversible-the development is sluggish and irreversible. For organizations,…
Q: Bradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools.…
A: Weekly demand = d = 100,000 / 50 = 2000 units. We find the total annual costs for each supplier…
Q: RoseBud is a local company that supplies fresh roses from Cameroon Highland to the florists The…
A: Information systems are specialized software used by organizations to collect, store and analyze and…
Q: Write a conclusion, and some recommendations and implications about Sony Playstation Gaming Console…
A: Sony PlayStation is a gaming device developed by Sony Computer Entertainment, a multinational…
Q: Select a product of Procter & Gamble company and discuss what are the main raw materials for making…
A: P&G, or Procter & Gamble, is the world's largest consumer goods corporation. It primarily…
Q: Describe the supply chain, in general terms, for McDonald’sand for Toyota.
A: Supply chain management structure built by the organization based on different areas that revolve…
Q: Frank’s Contract Bakery measured her 2021 Cost of Goods Sold to be 6516265. Her Average Aggregate…
A: Inventory Days of Supply display the typical time it takes for your business to buy goods and sell…
Q: Explain what is product service bundling and what are the benefits to customers?
A: Consumer satisfaction is a metric that indicates a customer's level of satisfaction with a product…
Q: The following three questions refer to Sony Records, Inc. Executives of the company are re-…
A: Given data: Cost information of the new CD CD package and disc $2.50/CD Songwriters royalties…
what characteristic of the hospitality and tourism product is described in the following scenario: if an airline sells 150 of 200 seats on an airplane, the airline cannot inventory the seats until the next flight and sell 250 seats
a. perishability
b. seasonality
c. standardization
d. inseparability
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Q. Radhuni, a traditional bangla restaurant, incurs the following costs:a. Cost of children’s toys given away free with kids’ mealsb. Cost of the posters indicating the special “two dishes for $2.50”c. Costs of frozen onion rings and Fishesd. Salaries of the food specialists who create new Biriyani for the restaurant chaine. Cost of “to-go” bags requested by customers who could not finish their meals in therestaurantRequired: Just Classify each of the cost items (a–e) as one of the business functions of the value chainAdidas is an athletic company designs and manufacturesseveral athletic things. Football is one of the company'sproducts that sells for $40 per unit. Total fixed costs relatedto the manufacturing of the football are $150,000 per monthand variables costs involved in manufacturing are $ 15 perunit. 1- Compute the break- even point of the football in unitsand dollars?Par Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so confident of the market that, if Par can make the bags at a competitive price, the distributor will purchase all the bags that Par can manufacture over the next three months. A careful analysis of the manufacturing requirements resulted in the following table, which shows the production time requirements for the four required manufacturing operations and the accounting department's estimate of the profit contribution per bag: PRODUCTION TIME (HOURS) PRODUCT, CUT & DYE, SEWING, FINISHING, INSPECTION & PACKAGING, PROFIT/BAGSTANDARD 7/10, 1/2, 1, 1/10, DELUXE 1, 5/6, 2/3, ¼ The director of manufacturing estimates that 630 hours of cutting and dyeing time, 300 hours of sewing time, 708 hours of finishing time, and 270 hours of…
- Consider the example of a clothing manufacturer/seller who would like to differentiate its products from those of other firms. Which of the following is an example of a physical aspect that contributes to differentiating products? Select the correct answer below: A) adding the manufacturer's logo to all items in the current season's collection B) moving all manufacturing operations to the U.S. because customers have complained about the company's use of low-wage labor in other C) offering free shipping on all online orders of $75 or more D) redesigning the company's website so that customers have an easier time placing online ordersHow do I do this? Down Creek Boots (DCB) is a boot manufacturer (fictitious) that focuses on making high-quality leather work boots, with prices ranging from $200-$350. After being successful in this market for over 30 years and developing a positive brand reputation and loyal customers, DCB has decided to broaden their line to include leather hiking boots. While these share some characteristics with work boots, the design will be slightly different and different soles will be used. They are fairly confident annual demand will be between 30,000 and 40,000 pairs in the first year, and expect a 10% growth rate in sales for the next few following years. However, in their plant in Minnesota, DCB currently has little excessive capacity. Thus, to make the new boots, DCB will either need to expand their plant, or outsource production to another boot maker. If they outsource production of the boots, they will outsource production to a firm that has the manufacturing capability to produce them…Jordan Airline routinely overbooks its flights from Dallas to Florida. Overbooking discounted seats can be expensive because providing a bumped passenger with a last-minute flight on a competing carrier can cost $2,200. A 150-passenger jet costs about $150,000 to operate from Raleigh to Atlanta. The average ticket price is $2,000. Table. The frequency of no-shows NO-SHOWS FREQUENCY 1 15 2 10 3 10 4 5 5 5 6 5 a. how many seats should be overbooked? (show your calculations) b. Korean Airline increased the average ticket price from $2,000 to $3,000 on its Atlanta/Seoul route for the holidays. How would the increased ticket price affect the number of seats overbooked? (show your calculations)
- Put this in other words. Analyze and elaborate this one. In the intricate orchestration of supply chain management, predictive analytics emerges as an indispensable conductor. Drawing upon colossal datasets from multifarious sources, predictive analytics unfurls a tapestry of precise supply and demand prognostications, meticulous inventory optimization, seamless logistics orchestration for punctual deliveries, anticipation of equipment maintenance exigencies, and the nimble adaptation to unforeseen contingencies. In this ever-evolving landscape, predictive analytics has metamorphosed into a critical lever for cultivating an agile and resilient supply chain, warding off disruptions, and laying the foundations for sustainable success.1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above 2.Which of the following costs do not come under inventory carrying cost calculation? A)Investment in a software for updating stock position online B)Investment in stores space C)Salaries of procurement personnel D)Cost of maintaining the inventory stocks 3.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the abovePLEASE GIVE THE PROBLEM AND 2 ALTERNATIVE COURSES OF ACTION OF THIS. THANK YOU Office Depot has almost 1,000 office superstores and giant catalog of office supplies that it offers via mail order. Yet office Depot also enables its customers to shop on the internet. Its Web site offer virtually all the products Office Depot carries in its stores and catalogs and guarantees next-day delivery to most locations with no delivery charge on orders over 5K. online order tracking is available, and customized ordering, which takes into account the historical patterns of individual customers product purchases, is also a feature of Office Depot internet-based channel.
- Quantity and quality reduction strategy is a decision that applies changes with the current brand to adopt with the current need of the customer in the economy because: a. sales target are no longer achievable b. on-going economic recession c. price are no longer acceptable d. attain sustainable market shareHow is the source at Ashley furniture? Source:It includes the selection of suppliers that will deliver the goods and services to create the company's product.The case above discusses design and innovation at Dyson Appliances Limited (DAL). As a purchasing manager, advice on the best way to source the relevant material required in the production of DAL’s first vacuum cleaner.