Industrial Products, Inc. has two alternatives for manufacturing 14,000 industrial 100-horse power electric motors per year. If done in-house, fixedcost would be $3,000,000 with variable cost at $6,100 per unit. Alternative two is to outsource for a total cost of $7,700 per unit.a. What is the break-even quantity? Round your answer to the nearest whole number.motorsb. Should the firm make-in-house or outsource? Round your answers to the nearest dollar.Total cost if done in-house: $Total cost if outsourced: $So, the firm can save $by -Select-

Total cost refers to the overall expenses or expenditures that are associated with producing goods,…

Answered: industrial Products, Inc. has two…

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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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
A supplier is willing to offer Plant Electronic Ltd, additional amounts of the resources. PACKAGING PRICES (GHC) RESOURCES QUANTITY Plastic 30 24m Copper 10 15m Transistors 100 10m If one the above packages is to be purchased, which one should Plant Electronic Ltd purchase?
With regards to core processes, explain the supply chain measures?
Quality Management - Spring21 Question In supply chain the need for Integration increases the requirement for O a. Flexible, cross-functional problem creation. Answer saved O b. Rigidity In organisatlon process. Marked out of 1 C. Flexible, cross-functional problem solving. Flag question O d. Rigidity in supply chain management. CLEAR MY CHOICE PREVIOUS PAGE
The fixed cost at Harley motors are $1M annually. The main product has a revenue of $9.90 per unit and $4.50 variable cost what is the breakeven quantity per year?
The selling price per box for Cynthia's Cookies is $20.24. Fixed costs are $60,000 and the variable cost per box is $10.43. What is the break-even quantity? Round your answer to the nearest whole number. boxes If sales last year were 8,700 boxes, what was the net profit? Round your answer to the nearest dollar. $
XYZ industries applies overhead based on direct labor cost. The following information was available for the last year: Actual manufacturing overhead OMRSO,000; Underapplied manufacturing overhead OMR10,400; Actual Prime cost OMRS2,000; Actual Direct material cost OMR19,000; Estimated direct labor cost OMR27,000, What was the estimated manufacturing overhead for the year? Select one: O a. OMR37,200 O b. None of the answers given O C OMR39,600 O d. OMR34,800 O e. OMR32,400
The Vera Molding company has two alternatives for meeting a customer requirement for 9,500 units of a specialty molding. If done in-house, fixed cost would be $300,000 with variable cost at $40 per unit. Alternative two is to outsource for a total cost of $80 per unit. What is the break-even quantity? Round your answer to the nearest whole number. units Should the firm make the 9,500 units in-house or outsource? Firm should produce the molding .
1.How would you distinguish between operations processes and supply chain processes? With an example, illustrate how servitisation may be used by manufacturing organisations. What is the relationship between efficiency and value? Why is sustainability an important component in a firm’s strategy development? The Shell Oil Company has “People, Planet and Profit” as its triple bottom line phrase. Whatdoes the term “People” as contained in the phrase mean? Why must supply chain risks be determined and managed? From an economic point of view, provide a justification for product and service design orredesign. State one consequence a firm is likely to suffer as a result of a lengthy product design. Explain why quality is cited by CEOs and business leaders as the most important factor in thelong-term profitability and success of the firm. What production strategy would you say best describes the construction of the Akosombodam? Identify the production process likely to be used by a…
Samsung Electronics is trying to reduce supply chain risk by making more responsible make-buy decisions through improved cost estimation. A highly used component can be purchased for $49 per unit with delivery promised within a week. Alternatively, Samsung can make the component in-house and have it readily available at a material cost of $22 per unit. The annual leasing cost of the equipment is $34,000 per year. Labor and other operating costs are estimated to be $17,000 per year over the study period. Which one of the following value is closest to the breakeven annual required quantity where make or buy has the same cost? Select one: a. 1,159 b. 1,889 c. 2,833 d. 1,041
someone help me to calculate this pls?
Describe how to keep a product oriented facility's production flow balanced?

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