Advice for people planning for comfortable retirement

Assignment Help Operation Management
Reference no: EM132159165

Applied Decision Method

Golden Age Retirement Planners specializes in providing financial advice for people planning for a comfortable retirement. The company offers seminars on the important topic of retirement planning. For a typical seminar, the room rental at a hotel is $1,000, and the cost of advertising and other incidentals is about $10,000 per seminar. The cost of the materials and special gifts for each attendee is $60 per person attending the seminar. The company charges $250 per person to attend the seminar, as this seems to be competitive with other companies in the same business. How many people must attend each seminar for Golden Age to break even?

Reference no: EM132159165

Questions Cloud

Costs related to implementing software acquisition project : List and describe at least six types of costs related to implementing a software acquisition project.
Compare to psychographic segmentation : Define and discuss VALS and compare to Psychographic segmentation.
Mergers and acquisitions among advertising companies : What are the implications of mergers and acquisitions among advertising companies? Discuss why is it important to include the risk impact on the resource list?
True leadership involves more than dominating others : If you consider the effective leaders you have known you may realize that true leadership involves more than dominating others.
Advice for people planning for comfortable retirement : Golden Age Retirement Planners specializes in providing financial advice for people planning for a comfortable retirement.
Accountants typically develop record-keeping systems : Restaurant managers are responsible for the “numbers”; however, accountants typically develop record-keeping systems,
Assembled from motor assemble and housing half : A Chic electric razor (R) is assembled from a motor assemble (MA) and a housing half (HH).
Reorder point value given average daily demand : Determine which of the following is the reorder point value given an average daily demand of 50 units and a lead-time of 10 days?
Supply of racing tires for the sunshine bicycle shop : Vance Armstrong is making his monthly order (every 30 days) for a supply of racing tires for the Sunshine Bicycle Shop.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd