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- Enrollment in a particular class for the last four semesters has been 122, 128, 100, and 155 (listed from oldest to most recent). The best forecast of enrollment next semester, based on a three-semester moving average, would be: 1) 168.3 2) None of the provided options. 3) 127.7 4) 116.7 5) 135.0Pendryl Office Supplies is evaluating the profitability of leasing a photocopier for its customers to use on a self serve basis at 10 cents/copy. The copier may be leased for $300 per month plus 1.5 cents per copy on a full service contract. Pendryl can purchase paper at $5 per 500 sheet ream. Toner costs $100 per bottle, which in normal use will last for 5000 pages. Pendryl thinks that there are additional other costs of 0.5 cents per copy. A. How many copies per month must be sold in order to break even? (6000 copies/month) B. What will be the increase in monthly profit for each 1000 copies sold above the break-even point? ($50 per month)Tema Tire Services (TTS) decided to hire a new mechanic to handle all tire changes for customers ordering a new set of tires. Two mechanics have been shortlisted for the job. One mechanic has limited experience, can be hired for GH¢14 per hour, and can service an average of three customers per hour. The other mechanic has several years of experience, can service an average of four customers per hour, but must be paid GH¢20 per hour. Historical data shows that customers arrive at the TTS garage at the rate of two customers per hour. b) If the company assigns a customer waiting cost of GH¢30 per hour, which mechanic provides the lower operating total cost (TC)? c) With the aid of a sketch, show the economic relationship between service cost and waiting costs, and justify whether or not it is necessary for TTS to keep investing in better and/or additional mechanics until waiting time reduces to ze
- A plastic injection molding machine operates 334 days a year. It is the bottleneck workstation in a process that produces plastic housed wall clocks. Industrial engineers collected data on the probability of machine breakdowns, the costs of preventive maintenance, and the cost of a breakdown. Number of Molding Machine Breakdowns per Day Probability of a breakdown 0 0.32 1 0.27 2 0.22 3 0.13 4 0.06 The cost of preventive maintenance is high due to performing it between 1 and 4 a.m. each day by two machine experts. The preventive maintenance cost is $2,030 per day including replacement parts, cleaning, and software upgrades. The cost of a breakdown of $1,940 is also high because the downstream workstations can only work until all work-in-progress inventory is completed; then the entire process must stop. What are the economics of the situation? Do not round intermediate calculations. Round your answers to the nearest cent. The expected cost of a breakdown per day is $ The manufacturing…Centrifugal Pump Operation: How do centrifugal pumps operate, and what factors influence their performance characteristics, including head, flow rate, efficiency, and cavitation resistance?The Dominion bank is currently cracking the whip on banks that are not meeting its regulatory requirements. This exercise has led to the closing down of several banks leading to loss of several jobs. Even the managers of the surviving banks are under pressure to meet these requirements including the payment of the increased minimum capital requirement. When the Governor of the Dominion bank was interviewed about the rationale behind these actions, he stated that ‘This exercise in not new. Every seriouscountry needs to sanitize the financial sector and Canada is no exception. This is a worldwide phenomenon’. He was again asked of the strategy they used to detect that the affected banks were not following regulations. He responded that ‘in this digital age, everything is possible by just pressing a button. It was pretty easy’. However, the public is divided on the issue. Some believe that the Dominion bank was insensitive to the plight of the owners of these banks especially the fate of…
- Situational analysis for keurig coffee machine. Include its strengths, weakness, opportunity, and threat.Why should a manager of a bank home office be evaluated differently from a manager of a bank branch?Which approach the value would require to value of the land of the calculated separate from the value of the improvements
- Situation: Lena, a fresh graduate of Technical Education and Skills Development Authority (TESDA), thinks that there is an opportunity to open a salon in their community in Batisan Village, Cabanatuan City. Her initial findings show that their community has only one barber shop for men and one beauty salon for women. Batisan Village has 200 families. Majority of the members of the families are office workers and students. She conducted an informal survey via social media that families want to go to just one barber shop/salon together for their beauty and relaxation needs plus they also want other services like nail cleaning and massage. Requirements: 1. Lena need additional data for her to decide on the attractiveness of the business opportunity, what method of generating ideas will she use and why? 2. Prepare a set of idea-generating questions that will answer the information that Lena needs. 3. Make a product/service planning and development process (concise description)…Management for a 500 room lodging operation predicts the following statistics for August next year: 95 percent occupancy, $89 average room rate, and the operation will be open 31 days. Forecast the room sales amount for August next year.Syhoo Senior Center, a not-for-profit entity, enjoys the services of a group of high-school-age people who each agree to work three afternoons a week for three hours each afternoon performing a variety of patient-related services, such as writing letters for those who are unable to do so, delivering mail to the patient rooms, and pushing wheel-chair patients across the grounds. The services rendered by these young people enhance the quality of life for the residents. They could not be provided if they were not donated because there are not enough resources to do so. In year 2019, the young people donated 5,000 hours in total. The services would have cost $10.00 per hour if they had been purchased but they were worth $20 an hour to Syhoo Senior Center. A local CPA firm also donates its services to prepare the annual tax return and other federal and state required paperwork which must be filed to maintain its status as a tax-exempt organization. During 2019 the CPA firm provided 500…
