Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 1, Problem 2.3Q
Summary Introduction

Case Summary: The difference in prices that must be paid by customers for the same product at three different locations is the core of the case scenario. The 20-ounce water bottle of a particular brand is being sold at three different price levels; $5, $2 and $0.37 at concerts/ sports events, convenience stores and supermarkets respectively. The scenario has caused confusion among customers as they pay different amounts for the same product.

Interpretation: The reason for prices of water bottles being different in sports events and convenient stores and what sports events provide over convenience stores.

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A manufacturer and a retailer are evaluating to form a supply chain (i.e. to act like a single company). They are currently supplying winter gloves. The manufacturer is producing each pair of winter gloves at $3, and selling each pair to the retailer at $6. The retailer is selling to the customers at $12 per pair. The retailer is philanthropic and donates all unsold winter gloves to a nearby charity home at the end of the season. The customer demand at the retailer is uniformly distributed between 5 and 55. The retailer places only one order per season. Compute the expected profit with and without the supply chain relationship and comment if they should form such a supply chain relationship.
The following information was extracted from the books of Babel Company for the production of rubber products for the year 2020: The number of units sold of product (A) amounted to 60 units The selling price of one unit of product (A) is 100,000 dinars The variable cost of producing one unit of product (A) is 35,000 dinars The fixed cost of the product line (A) is 1,000,000 dinars annually, find the following: break-even point (quantities), break-even point (values), contribution margin per unit of product (A), percentage of safety limit, operating income
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