i.QUESTION 5Given the following data, FC = K10,000; Selling Price = K10; VC = K5; demand = 1000units.Draw a break-even analysis diagram and from the diagram, determine the following:ii.a. The Break-even point (BEP) in units and total costs, total costs and total revenues.b. Advise the management on what course of action to take.Your friend has just graduated from CBU and has joined a company where thereis a lot of waste, the employees are poorly trained and inadequately supervised.He is particularly concerned about the selection phase of the employeerecruitment process, especially the selection devices which the company uses tohire employees.Questions: Describe/explain to your friend how,i) Taylor would have improved the operations of this company.ii) the PROCEED model could be used in the employee selection process.(draw a diagram)iii. Briefly compare and contrast the Leadership Grid and the Ohio State Model ofleadership.

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Answered: Given the following data, FC = K10,000;…

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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Adidas 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?
Can someone help me to calculate the lead time for Supplier A? Supplier A: has 2 days to review the order and schedule the order, 5 days to manufacture the order, 1 day to pick up and pack the order, with an Ocean transit time of 12, 3 days to clear customs, and 1 day of inland transport from port to buyer's facility. Thanks!
List the strategic objectives of aggregate planning. Whichone of these is most often addressed by the quantitativetechniques of aggregate planning? Which one of these isgenerally the most important?
Hau Lee Furniture, Inc., spends 45% of its sales dollars in the supply chain and finds its current profit of $15,000 inadequate. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Hau would like to improve the profit line to $20,000 so he can obtain the bank's approval for the loan. Current Situation Sales Cost of material $100,000 $45,000 (45%) Production costs Fixed cost Profit $25,000 (25%) $15,000 (15%) $15,000 (15%) a) What percentage improvement is needed in the supply chain strategy for profit to improve to $20,000? What is the cost of material with a $20,000 profit? A decrease of 11.1 % in material (supply-chain) costs is required to yield a profit of $20,000, for a new material cost of $40000. (Enter your response for the percentage decrease to one decimal place and enter your response for the new material cost as a whole number.)
Gary’s Seasoning wants to increase its capacity by adding more blending and packagingmachines. Two vendors have presented proposals. Vendor A’s equipment costs $11,500 and the variable cost per unit is $2.00. Vendor B’s equipment costs $13,500 and the variable cost per unit is $1.75. Selling price for each seasoning packet for $4.00.a. What is the break-even point for each proposal?b. If the expected volume is 7,500 packages, which vendor should be chosen? (Show all calculations to earn full credit)
The list price of the snow blower is $200 less 25%, 10%, less 5%. There is a 2% cash discount offered for your payment in 10 days. What is the amount to be remitted if the cash discount is earned?
Two competitors have the cost structure shown below. Which of the following statements are true Firm A Firm B Product 1 Units 500 200 Total costs (P1) $50,000 $18,000 Product 2 Units 500 1200 Total costs (P2) $100,000 $144,000 Total costs (P1 + P2) $150,000 $162,000 A. Firm A should lower its price on Product 2 B. Firm B is the low-cost producer. C. Firm B should lower its price on Product 1 and Product 2 D. Firm A is the low-cost producer E. Both A and B are true
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pls help me Blazerauto inc is considering whether to produce a new line of car. The company estimates that the variable cost for each car to be manufactured and sold is 10000 and fixed cost per year is 720000. The selling price is 25,000 per car. The supplier that provides the seats for the cars has a maximum yearly production capacity of 20,000. What is the Output, decision variable, parameters, and constraints? What is the break even point for blazerauto?
Dominos is planning to introduce two new pizzas (Cauliflower and Calamari). Financial data related to producing these two new pizzas are summarized in the table below. a. If these two new pizzas are sold such that the ratio of Cauliflowers over Calamaris is 4:3, what is the break-even point? b. If the product mix has changed to five Cauliflowers to five Calamaris, what would happen to the break-even point? c. In order to maximize the profit, which product mix should be pushed? d. If both pizzas must go through the same oven and there are only 30,000 oven hours available per period, which product should be pushed to market? Assume that Cauliflower pizza takes 30 minutes and Calamari pizza takes 15 minutes in the oven. Cauliflower Pizza Calamari Pizza Selling Price $10 $12 Variable Costs $5 $10 Fixed Costs $2,000 $600
Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $48 million. During the year, the inventory of accessories turned over six times. For the next year, Cyberphone plans to increase annual sales (at cost) by 25 percent.a. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year?b. What change in inventory turns must Cyberphone achieve if, through better supply chain management, it wants to support next year’s sales with no increase in the average aggregate inventory value?
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