If Julia clears at least $1,000 in profit for each game after paying all her expenses, she believes it will worth leasing the booth.
Q: A company produces 148,000 speakers per week and effective capacity of the company is 175,000…
A:
Q: The data collected in running a machine, the cost of which is Rs 60,000 are given below: Year 1 2 3…
A: The data collected in running a machine, Year 1 2 3 4 5 Resale Value 42,000 30,000 20,400…
Q: Jody of Jody’s Custom Tailoring is considering expanding her growing business. The question is…
A: A decision tree is a graphical representation of a decision-making process or a decision problem.
Q: You will design a four-to-five question survey that we could pose to our prospects to solve our…
A: The questionnaire and survey is done for a specific topic and research regarding a particular…
Q: A company has a factory that is designed so that it is most efficient (average unit cost is…
A: Capacity utilisation = Capacity Used/Best Operatiing Level * 100
Q: Mars Incorporated is interested in going to market with a new fuel savings device that attaches to…
A: The question is related to the cash flow in case the outsource the production. In case of ousource…
Q: Winchester Hospital is a privately owned institution. The hospital is at full capacity, but the…
A: The individualistic approach gives importance to human values. It emphasis on providing respect,…
Q: Q4: suppose a particular Ford Plant can build Escort at a rate of one every hr., explorer at a rate…
A: Suppose- A be the no. of Escort to buildB be the no. of Explorer to buildC be the no. of Lincoln…
Q: As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a…
A: Breakeven is that point where revenue is equal to cost
Q: Select one:
A: 1) ANSWER : D)
Q: two Tech bookstores, 35% at the local bookstore, and 15% online. If the SGA sells the T-shirts for…
A: Below is the solution:-
Q: An operatlons consultant for an automalic car wash wishes to plan for enough capacity co handle 60…
A: A Small Introduction about Operation Management Operations management (OM) is the organization of…
Q: A company has a factory that is designed so that it is most efficient (average unit cost is…
A: Capacity utilization rate is the measure of the proportion of economic output actually realized…
Q: What do you think the U.S. Forest Service’s objectives should be in this decision? In the article…
A: Below is the solution:-
Q: Estimate the cost of a 0.75 million gallon per day (MGD) induced-draft packed tower for…
A: Below is the solution:-
Q: A circus is scheduled to appear in a city on a given date. The profits obtained are heavily…
A: Sunny Prior Conditional Joint Revised (Posterior) Good 0.5 0.7 0.5*0.7 = 0.35 0.35/0.45=0.78…
Q: A fully leased three-story suburban office building near Disneyworld had a total of 60,000 rentable…
A: The monthly rent per usable square foot for the office building is $3.00.Hence, option a is…
Q: A recruiter for a job placement agency is considering whether to pay $50,000 per year to lease a new…
A: Part A: Given data: Design capacity = 10,000 recruits Effective capacity = 8000 recruits Recruits…
Q: Jefferson Company’s demand for its only product exceeds its manufacturing capacity. The company…
A: Find the given details below: Given details:Actual run time this week6,106minutesMachine time…
Q: A manager must decide between two machines. The manager will take into account each machine's…
A: Given: Projected operating time of machine A = 140 hours Projected operating time of machine B = 70…
Q: Assume that only purchasing costs are being considered. Which machines would have the lowest total…
A: The machine with the lowest total cost can be computed as below:
Q: Bob's candle factory is considering three different manufacturing options. Option A uses hand labor…
A: Option A:Fixed Costs = $10,000Variable Costs per Candle = $2.75Option B:Fixed Costs =…
Q: ies per day and effective capacity is 20 pies per day. Currently, the bakery is producing 27 pies…
A: The effective capacity rate is the quantity of product that may potentially be produced in a given…
Q: . The school cafeteria can make pizza for approximately $0.30 per slice. The cost of the kitchen use…
A: Make Decision: Variable Cost = Pizza making price = $0.30 per slice Fixed Cost = $200 per day Buy…
Q: A company has a factory that is designed so that it is most efi cient (average unit cost is…
A: A strategy is a plan of action done in order to achieve some goals or tasks. It can also be defined…
Q: Jane Woodhurst is considering whether to buy one or two machines for a certain stage of the assembly…
A: Expected payoff = 325,000 Purchase 1 machine now and purchase the 2nd machine if demand is high.
Q: A 3 year-old a computer-controlled fabric cutting machine, which had a $25,000 purchasing price, has…
A: Given that' MARR = 10% =0.1 AEC = 10% =0.1 O&M cost = $4000 Increase in O&M cost = $1000…
Q: Average and Total Costs The Accounting Club wants to have a party for its members. The costof…
A: Rent = $1500Cost per person = $15 1. Number of people = 100cost for 100 people = number of people x…
Q: Calculate expected values for large and small expansions. What should Dairy May Farms do? EV small…
A: Decision tree is a diagramatical representation of various alternative for a project corresponding…
Q: A company has a factory that is designed so that it is most eficient (average unit cost is…
A: Given Actual output in October = 10925 units Maximum output capability = 17250 units
Q: Spartan Castings must implement a manufacturing process that reduces the amount of particulates…
A: Formula:
Q: A company has a factory that is designed so that it is most efficient (average unit cost is…
A: Given, Actual output = 15,000 units Maximum possible outputs produced in October = 10,925 units
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 6 images
- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels. Management is trying to decide whether direct labor hours (DLH) or units produced is the better measure of activity for the firm. Monthly data for the preceding 24 months appear in the file P13_40.xlsx. Use regression analysis to determine which measure, DLH or Units (or both), should be used for the budget. How would the regression equation be used to obtain the budget for the firms overhead costs?Will the use of decision tree analysis guarantee the best decision for a i rm? Why or why not? If not, why bother using it?
- Careforall, The mayor of sickcity, claimed that his residents are very elastic and highly sensitive when the price of preventative care changes but not so sensitive when the price of inpatient care changes. To prove her point she referred back to the RAND studies. She claimed that the results of a replicated study in her town are shown below Plan Average # of preventative care visits Average # of inpatient visits Free 3.2 0.126 25% 2.54 0.122 50% 2.10 0.118 Careforall claimed that the best solution for her city is to provide free health care for all. The insurance companies replied that they will not be able to provide such a service. As a health adviser, you need to draft a proposal where…III. What is the expected value of sample information IV. What is the efficiency of the survey information4 .Substitute for Problem # 4 on in attachment)-Calculate the MAD,revised MAD and the Revised Forecast for months 1-6 for the following three groups,where the Forecast stands for Forecast Demand.Has your forecast improved ? Tell me how would you go about improving the revised forecast( for each of the three groups)without actually doing so? Estate Planning Group Auditing and Accounting Group Business Consulting Group Month Actual Demand Forecast Actual Demand Forecast Actual Demand Forecast 1 100 125 270 230 140 135 2 90 125 240 230 130 135 3 110 125 280 230 160 135 4 115 125 260 230 180 135 5 130 125 300 230 200 135 6 115 125 220 230 190 135
- 2-1 Sales of Cool-Man air conditioners have grown steadily during the past 5 years: DEMAND ADV SEPENT 2017 450 1200 2018 495 1650 2019 518 1710 2020 563 1860 2021 584 1960 Predict the demand of Year 2021 by: a. Using 3 moving average b. Using exponential smoothing with alpha = 0.30. The sales manager had predicted, before the business started, that year 1l's sales would be 410 air conditioners. c. Using the relationship between the sales and advertainment spent Which of the above value is the best predicated demand for Year 2021? 2-2 Three trials for the company stock control system were calculated as shown in the table below. The holding cost, shortage cost and ordering costs have been estimated to be $220, $80 and $170. The company has a high competition therefore they need to keep their customer and attract more new customers. Strategy 1 Strategy 2 Strategy 3 Reorder Quantity 200 600 400 Reorder Level 300 400 200 Lead Time 1 Number of days when stock out is occurred 20 12 Number of…a) Calculate the three point moving averages (quarters) and seasonal variation for the above data b) A detective figures he has a one in nine chance of recovering stolen property. His out-of-pocket expenses for the investigation are $9,000. He is only paid his fee if he recovers the stolen property, what should he charge clients in order to breakeven? c) At races, your horse, has a probability of 1/20 of coming 1st, 1/10 of coming 2nd and a probability of 1⁄4 in coming 3rd. First place pays $4,500 to the winner, second place $3,500 and third place $1,500.Hence, is it worth entering the race if it costs $799? d) Your company plans to invest in a particular project. There is a 35% chance you will lose $30,000, a 40% chance you will break even, and a 25% chance you will make $65,000. Based solely on this information, what should youdo? e) A manufacturer is considering the production of a new and better mousetrap. She estimates the probability that the new mousetrap is successful is 3⁄4.…12.2. The manager of the I-85 Carpet Outlet needs to be able to forecast accurately the demand for Soft Shag carpet (its biggest seller). If the manager does not order enough carpet from the carpet mill, customers will buy their carpets from one of the outlet’s many competitors. The manager has collected the following demand data for the past eight months: Month Demand for Soft Shag Carpet (1000 yd)1 52 103 64 85 146 107 98 12 a. Compute a three-month moving average forecast for months 4 through 9. b. Compute a weighted three-month moving average forecast for months 4 through 9. Assign weights of .55, .33, and .12 to the months in sequence, starting with…
- 1. The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Part 2 Week Of Pints Used August 31 350 September 7 372 September 14 412 September 21 381 September 28 366 October 5 378 Part 3 a) The forecasted demand for the week of October 12 using a 3-week moving average LOADING... = _____________pints (round your response to two decimal places).An auditor used regression analysis to evaluate the relationship between utility costs andmachine hours. The following information was developed using a computer softwareprogram: Intercept 2,050 Standard error of estimate 200Regression 0.825 Number of observations 36Correlation coefficient 0.800 How much is the utility cost if the company’s 10 machines will use 2,400 hours next month?a. ₱3,830b. ₱3,970c. ₱4,030d. ₱4,050Only question 1