Question 3A firm practices a pure chase strategy. Production last quarter was 1,154. Demand over the next four quarters is estimated tobe 1,135, 1.013, 1.000, and 1.148. Hiring cost is $16 per unit, and layoff cost is $4 per unit. Over the next year, what will be thesum of hiring and firing costs?Input should be an exact number (for example, 5 or 10).Question 4A firm practices a pure level strategy that sets the production level at the average demand over the next four periods. Inventorylast quarter was 0. The extra units produced are stored in a warehouse. The extra units needed are subcontracted. Demand overthe next four quarters is estimated to be 915, 1,155, 846, and 803. Production cost is $23 per unit, and Inventory cost is $7 perunit. What is the production level at this firm?keep two decimals if not exact, either round up or down is ok. For example, for 0.1346, (0.13 or 13) and (0.14 or 14) are correct.

Cost-per-hire is one of the most significant and most ordinarily utilized hirings and selecting…

Answered: A firm practices a pure chase strategy.…

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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4
The financial management is concerned with Select one: a. Reduce profit O b. Increase cost O c. None of the options d. Increase performance e. Optimum utilization of resources
When performing sales mix analysis , which one of the following is false : a. Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point b. Making changes to the sales mix will likely cause a change in the breakeven point c. The sales mix is usually assumed to be remain the same . d. Shifting the sales mix to the product with a lower contribution margin will likely ncrease the overall contribution margin e. Normally the calculation of the breakeven point for multiproduct is more complicated than that for a single product
Which of the following is a description of a company that has a production orientation? a. Bear & Co. produces artificial ficus trees and other artificial plants that are primarily sold to companies as office decorations. b. ABC Industries employs thousands of independent consultants who make commission selling a skincare regimen.> c. Smith Company manufactures standard yellow no. 2 pencils, which are sold in retail stores and in bulk to schools and testing centers. d. Hall Corporation manufactures.
Put (T) in front of the correct sentences, and (F) in front of the wrong ones and correct them. In either case discuss the correct/corrected sentence Generally speaking, Goods manufacturing needs more labor content than service providers From the sources of process variation is the seasonal structural variation in demand some organizations perform poorly because they neglect investments in capital and human resources Middle management provides long term planning including mission.
1.) Because most equipment is not used on a project for an entire year, the costs must be converted to an hourly, weekly, or monthly cost. true or false 2.) Operation costs include tires and other wear items, fuel, lubricants and filters, and repair reserves. true or false 3.) Operating costs are those costs that are most closely related to how long a piece of equipment is owned rather than how much a piece of equipment is used. true or false Note: please help us in this sample problem and also please explain even a little bit so that we can understand it thank you
please answer within 30 minutes.
The sales needed in the computation of Additional Funds Needed is the projected sale a year from now true false
Fast asp possible final answers decimals and take note of the three decimal places
When there is no production, total cost is equal to total fixed cost. Select one: a. True b. False
Once the managers agreed on the aggregate plan, they should not change it. O a. True O b. False

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