Estimate the number of sales personnel needed for an XYZ company having a forecast for FY 21 as ₹6,00,00,000. According to XYZ company’s past records, the average revenue generated per sales personnel is ₹10,00,000. The estimated % of annual salesforce turnover is 1.6%. 61 55 45 49
Q: A toy company makes stuffed animals. Their biggest sellers are their bunny (b) and dog (d)…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: Why are Facilities Management standards important?
A: The facilities manager's are primarily responsible for looking into the arrangements of security,…
Q: Activity / Preceding activity A/- BI- C/- D/A E/A F/A G/A,B,E H/A,D,C I/A,F Estimated time (days)…
A: Find the given details below: Activity Preceding Activity Optimistic Time(To) a(Weeks)…
Q: . Sketch TEN (10) principles of materials handling related to logistics management
A: Material handling:- Short-distance movement within a building's walls or between a building and a…
Q: At the Strathmore University Cafeteria, students seeking to have a meal are observed to arrive at a…
A: Arrival rate λ 16 per 20 min Service rate µ 19 per 20 min
Q: PART II The North Shore Bank is working to develop an efficient work schedule for full-time and…
A: Since full time tellers work 8 hours, they can maximum start their shift by 11am. It is because…
Q: Months Month 1 Month 2 Month 3 Month 4 Month 5 Sales 20 25 32 35 38 Please use the weight 0.45 for…
A: Given data:
Q: Garden Variety Flower Shop uses 670 clay pots a month. The pots are purchased at $2.40 each. Annual…
A: Given data Monthly demand = 670 units Annual demand (D) =12×670=8040 units Per unit cost = $2.40…
Q: What are control charts? What are the various types? What are the critical features?
A: In the context of statistics, different types of charts and graphs have been used. These charts and…
Q: Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last…
A: The detailed solution is given in Step 2.
Q: Because of new federal regulations on pollution, a chemical plant introduced a new, more expensive…
A: Note: The images show the profits in cents and not in dollars. The units have been converted to…
Q: Solve the provided model please. Max 00.10x + 00.15y + 00.20z s.t. .87x + .89y+.91z = 0
A: Linear programming is a mathematical technique that is also used in operations management…
Q: As operations manager, you are concerned about being able to meet sales requirements in the coming…
A: Given data
Q: What is the takt time for a production system that operates one shift given the following…
A: Takt time is a German word for the pace of production. Takt time is the pace at which a company…
Q: A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two…
A:
Q: 1. Suppose that you own a used car dealership. You want to sell a 2005 Honda Civic LX. You know that…
A: As requested, I have solved part (f) only. Kindly find the solution for the same in step 2.
Q: Q1 A)Discuss the causes of stock obsolesce in the warehouse. B)
A: Warehouse:- A building used to store goods is called a warehouse. Warehouses are used by…
Q: Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for…
A: Ans) We will use alpha = 0.2 with initial forecast = 17000 miles or 17 ( in 1000's)
Q: 11. A manager must decide which type of machine to buy, A, B, or C. Machine costs are as follows:…
A: a) From the above given information, processing times needed by each of the machines can be…
Q: The management of Sunny Skies Unlimited now has decided that the decision regarding the locations of…
A:
Q: What project scheduling tool expands and contracts to share the right information to the right…
A: Schedule Variance An Schedule Variance denotes how much ahead or behind schedule a project is. By…
Q: of 8 loans per day. b. A furnace repair team that services an average of four furnaces a day if the…
A: In the context of productivity metrics, the terms "efficiency" and "utilization" are commonly used…
Q: At the Strathmore University Cafeteria, students seeking to have a meal are observed to arrive at a…
A: Given, Arrival rate, λ =16 per 20 minutes =0.8 per minute Service rate, μ =19 per 20 minutes =0.95…
Q: A new airline has decided to join the market. It is considering offering flights out of Cagayan, and…
A: C = Charges per ticket for the round trip to Cebu P = Charges per ticket for the round trip to…
Q: Undertake a decision analysis. Specifically, apply the maximax, maximin, Laplace and minimax…
A: Mathematic models of decision-making help businesses take the correct decision for their operational…
Q: Why do you think project needs assessment is useful to developing a project?
A: Any project will have some specific needs in its initial stage and fulfilling those needs is…
Q: Inventory Policy Weekly Stochastic Demand, D follows N(μD=539,0²D=6724) Given: T=1.5 weeks…
A:
Q: The first turbocharger, a trial unit, took 1.000 hours to produce. Based on your experience with…
A: Working hours is the time period within which each employee/worker of the company is performing his…
Q: how you feel Quality Improvement might be useful to a career path in the health care industry.
A: Ans) Quality Improvement can be a great career path in health care industry. Health care industry…
Q: 5 A ) A small office has 4, 4-lamp fixtures. It takes 45 minutes to clean and re-lamp the entire…
A:
Q: What systems are in-place to prevent stock-outs?
A: Stock out: Stock out situation is very dangerous to every business and it directly…
Q: Consider the data below: Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Demand 259 319 214 289…
A: Demand forecasting can be stated as the approach of making or framing predictions or estimations…
Q: 1- Dwayne Cole, owner of a Florida firm that manufactures display cabinets, develops an 8- month…
A: a) Formulate a spreadsheet as shown below to find the optimal cost, plan cost = $2608300
Q: By using and making reference to the case information attached - Explain any 4 reasons for global…
A: The given case is about the challenges faced by company H. The company is facing the issue of…
Q: Given the following financing project being considered by a venture firm, find the probability of…
A: The critical Path Method is an important project management tool. It is a graphical representation…
Q: in relation to project management Part 2: Identify at least three project ideas related to any of…
A: The market for project the board ability is hot laborers with project the executives experience and…
Q: Distinguish between internal and external stakeholders in systems analysis
A: A stakeholder can be stated as the individual or party in the organization that can either affect or…
Q: Min Z = 0.4 x1 + 0.5 x2 Subject to 0.3 x1 +0.1 x2 ≤ 2.7 0.5x1 +0.5x2 = 6 0.6 x1 + 0.4x2 ≥ 6 x1 - 2x2…
A: Linear problems are problems that can be solved using the linear equation. They are also called…
Q: C&A Printing takes 10 seconds to print a page in color, but after 500 pages, the printer must be…
A: Given data is Processing time(P) = 10 seconds Cooling time(C) = 15 minutes = 15×60=900 seconds…
Q: How many undergraduate students, graduate students and faculty members should be hired in order to…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Required: 1. Using the least-squares regression method, estimate the variable utilities cost per ton…
A: Mathematic models of decision-making help businesses take the correct decision for their operational…
Q: QUESTION 1: Differentiate between a project and a program and highlight two major characteristics…
A: Businesses often undertake various stints to improve the existing and achieve new targets. Targets…
Q: Q2. In the above question, the completion times of the activities BD and DE are on average 6 hours…
A: The question is related to Crtical Path. The Path having the longest duration is Critical Path. In…
Q: The 3J Company manufactures handbags, shoulder bags, and backpacks. The construction of the three…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: other organizations in a supp
A: Management of a supply chain refers to the practice of organizing and controlling the flow of…
Q: Explain any 4 reasons for global sourcing and make reference to the attached case provided.
A: Global sourcing is the practice of purchasing raw materials and products from different countries.…
Q: a. Which of the warehouse locations will/will not be selected?
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Herlich is planning to launch a new crochet product online. The following table depicts the project…
A: A network diagram is a visual representation of a project which helps to identify the activity…
Q: Identify key quality project plan steps that you feel should be included within a typical overall…
A: Project management can be defined as the application of collection of various tools and techniques…
Q: a. What is the takt time? b if the total standard operating time required to produce a mirror is 144…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Estimate the number of sales personnel needed for an XYZ company having a
61
55
45
49
Step by step
Solved in 2 steps
- 3. A toy manufacturer makes stuffed kittens and puppies which have relatively lifelike motions. There are three different mechanisms that can be installed in these "pets." These toys will sell for the same price regardless of the mechanism installed, but each mechanism has its own variable cost and setup cost. Profit, therefore, is dependent upon the choice of mechanism and upon the level of demand. The manufacturer has in hand a forecast of demand that suggests a 0.2 probability of light demand, a 0.45 probability of moderate demand, and a probability of 0.35 of heavy demand. Payoffs for each mechanism-demand combination appear in the table below. Wind-up action Pneumatic action Electronic action Demand Light Moderate $250,000 $90,000 -$100,000 400,000 440,000 400,000 Heavy 650,000 740,000 780,000 Construct the appropriate decision tree to analyze this problem. Use standard symbols for the tree. Analyze the tree to select the optimal decision for the manufacturer.Company Name: Floward (flowers Market) Create a campaign for your company to launch, starting January 2021 till December, that will be active for 12 months. Marketing budget: SR 450,000 to spend on digital advertising media over the next 12 months. The budget also includes up to SR 340,500 for advertising creative and content development, and for the company to manage the program. Monitoring and Optimization: describe how you will measure and improve digital marketing performance during the campaign. What tools you will use to monitor the campaign’s activity. (Must include screenshots of the monitoring tools that will keep track of your costs and activity).What determines the length of the future time period for which a sales forecast must be prepared for operations planning purposes?
- 17 Average annual spend per customer is an example of a(n): Target Objective Strategy MeasureA method of estimating future demand usedfor decision making in order to set reasonable targets and control orlimit uncertainties or risks.If sale is 78 during March, 85 in April, 90 in May, 84 in June, and 97 in July, what, is the three-month simple moving average for August? a. 88.667 Ob. 90.333 O c. 97 O d. 86.8
- Sarah Smith is the marketing manager for Activa. She decides to run a sales promotion to boost the brand's business and is interested in evaluating the success of the promotion. The following is key information for her review. Brand price to retailer: Brand price to consumer: Brand gross profit per case: S 3.87 Brand Marginal contribution: Sales forecast for November 2019: 24,600 cases Sales during November 2019 promotion period: 32,150 cases $ 9.50 per case $ 1.29 per 8 oz. package 23% Describe how the marketing manager will determine the "promotion lift" for the brand and indicate what the "lift" will be based on the information provided above. Show your work for this problem's answer.Q The owner of a small manufacturing business has patented a new device for washing dishes. Before trying to commercialize the device and add it to the existing line of products, the entrepreneur wants reasonable assurance of success. Variable costs are estimated at Rs. 50 per unit produced and sold. Fixed costs are Rs. 4,00,000 per year. A) If selling price is set at Rs. 250, how many units must be produced and sold to break-even? B) Forecasted sales for the first year are 4500 units, if price is reduced to Rs. 150. With this pricing strategy, what would be the product’s profit?As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected: Monthly fixed cost (loan payment, taxes, insurance, maintenance) $6000 Variable cost per occupied room per night $ 20 Revenue per occupied room per night $ 75 A. Write the expression for total cost per month. Assume 30 days per month. B. Write the expression for total revenue per month. C. How many rooms do they need to sell per night in order to break even?