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ABC's president believes there is substantial competition for this type of pump, and that price is a significant factor in potential customer's purchase decision. He estimates that the company will sell 3,600 pumps (unit volume or UV) if they are priced at $100, and will sell 2,900 pumps if they are priced at $110. He wants to know what contribution to profit (CP) would result from each of those two selling prices, and thus which is the better price.
Analyze this operations management issue.
Provide the algebraic equation (using CP, UV, P, and VC as variables) for this analysis.
Calculate and provide the numeric contribution to profit (in dollars) for each of the two price points.
Please need some pointers for a cosmetic company wanting to expand to Saudi Arabia and united Arab Emerites. 1) Availability of qualified consultants and agents 2) Threats from inflation, foreign competitors, or privatization 3) Availability of chann..
Discuss, in a two-page APA formatted paper, how the product positioning is aligned with McDonald's corporate strategy. Identify potential gaps in the product line or weaknesses in positioning. Describe the relevance of the EPS/EBIT chart and why i..
Provide an overview of this topic, tracing the natural history of disease, and including the prepathogenesis and pathogenesis periods.
Why are we interested in understanding and measuring variation? Besides using variation in the world of quality, there are also social implications. For example, what does statistical variation suggest about how we ought to judge and treat ourselv..
In an effort to stabilize the process, there was some discussion about "those 3 machines."These 3 machines have an 'apparent' effect on the material thickness (measured prior to plating).
Using? PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 22 ?months, and the project variance is 9. a) The probability that the project will be completed in 13 months? = ?
Assume that interarrival times and service times are exponential and that all customers wait in a single live for the first available agent , if we want 95% of all customers to wait 45 minutes or less in line , how many ticket agents should be on ..
Discuss the relative use of nonverbal behaviors, such as silent periods, interruptions, facial gazing, and touching, by people from various cultural backgrounds. How does this behavior affect the negotiation process in a cross-cultural context?
National origin discrimination is prohibited against a job applicant or employee. Besides discriminating against the job applicant or employee directly.
City government has collected the following data on annual sales tax collections and new car registrations over the past 6 years: Determine the least squares regression equation.
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each.
General Hospital's patient account division has compiled data on the age of accounts receivable. The data collected indicate that the age of the accounts follows a normal distribution with a mean age of 8 days and a standard deviation of 3 days. What..
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