12. A clothing manufacturer produces women's clothes at four locations in Mexico. Relative locations have been determined, as shown inthe table below. The location of a central shipping point for bolts of cloth must now be determined. Weekly quantities to be shipped toeach location are also shown in the table. Determine the coordinates of the location that will minimize distribution costs. (Round X andy to 1 decimal place.)WeeklyQuantityLocation(x,y)5,76,93,99,4A15202530Click here for the Excel Data File

Using the Centre of Gravity (CoG) method, we can find the central shipping point that will minimize…

Answered: A clothing manufacturer produces…

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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Q1. Hotel manager Mr. Smith and his resourceful assistant, John, run a 26-room hotel in a little town. A combination of Mr. Smith's friendly attitude and the absence of a respectable hotel in the nearby vicinity imply that Mr. Smith enjoys sufficient demand at his low fare of $159 per night. John notes that some customers will walk into the hotel requesting a room for that evening and they are willing to pay a high fare of $325 per night. John knows this demand is variable. (In reality, this demand is U(4,9)) He suggests some rooms should be kept unsold to the low-fare customers so that they can serve the high-fare customers. a) To maximize profits with John's plan, what is the booking limit that should be set for low fare customers? b) Mr Smith does not like the idea of John and says “we will sell to everyone who reserves in advance and ignore the walk-in demand." If Mr Smith has his way, what will be the hotel's expected revenue? C) John replies, "If you are going to forgo the…
Q12
26 - Having clear roles and agreement on decision authority means Group of answer choices a. ensuring team members having the information they need b. facilitating decision making and minimizing friction c. requiring collaboration desirable and motivating team members to cooperate d. all of these 27- Shared goals means Group of answer choices a. ensuring team members having the information they need b. facilitating decision making and minimizing friction c. requiring collaboration desirable and motivating team members to cooperate d. none of these 28- Transparency of communication means Group of answer choices a. ensuring team members having the information they need b. facilitating decision making and minimizing friction c. requiring collaboration desirable and motivating team members to cooperate d. all of these 29- Which of the following describes a goal? Group of answer choices a. is motivating b. demands actions and decisiveness c. states…
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35. Chris was recently hired by a homeowner to sell their single-family home. The homeowner wants to list the property for $649,000; however, Chris strongly believes the current market value is only $620,000. What should Chris present to the homeowner to justify his price? O Chris should prepare a comparative market analysis using recently sold properties in the area. • Chris shuld prepare an appraisal. O Chris should present print-outs of three similar properties currently on the market. O Chris should prepare a property survey.
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
Q1. Brooke is a 32-year-old, single investment banker who lives in an apartment in a large city. After a particularly long and difficult workday, she relaxed in her apartment by reading through one business magazine and two fashion magazines. When questioned by a researcher the next day, she could clearly recall two holiday ads and vaguely remembered one ad for a personal computer from among the nearly 80 ads she had seen in the three magazines. However, she could recount in detail the articles that she had read and even recalled the titles of articles she had not read. How can you explain this?
Product-Profitability Analysis; Scarce Resources Creighton Corporation produces a varietyof consumer electronic products. Unit selling prices and costs for three models of one of its productlines are as follows:[LO 11-7]No Frills Standard Options SuperSelling price $40 $70 $86Direct materials 10 14 16Direct labor (@ $20/hour) 10 20 30Variable overhead 3 6 9Fixed overhead 3 6 6Variable overhead is charged to products on the basis of direct labor dollars; fixed overhead isallocated to products on the basis of machine hours.Required2. Calculate for each product both the gross profit per unit and the contribution margin per unit. (Roundanswers to 2 decimal places, e.g., $15.459 = $15.46.) Are either of these profitability measures usefulfor planning the optimum short-term product mix? Explain.
f1. Subject :- Accounting
Q46 Select the correct option after identifying the statement/s that is/are false. 1. Ultimately, the difference between advertising and public relations is that advertising takes a longer, narrow view of image and reputation; 2. Ultimately, the difference between advertising and public relations is that advertising takes a longer, broader view of the importance of image and reputation; 3. Ultimately, the difference between advertising and public relations is that public relations takes a shorter, view of the importance of image and reputation ;4. Ultimately, advertising takes a longer, broader view of the importance of image and reputation Select one: a. 1, 4 b. 2,3 &amp;4 c. 1,2,3, &amp;4 d. 1,
Op7. Question 4. Assume you are the marketing consultant for an upscale food market that wants to focus its marketing efforts on attracting new customers. You have a choice of segmenting the market on either a demographic or a benefit basis. What is the difference between the two? Which would you recommend, and why? Type your answer............. Question 5. Differentiate between breadth and depth of a firm's product mix by choosing a familiar company and explaining how its products exemplify these two concepts. Type your answer................

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