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1. A felt-tip pen manufacturer is forecasted to sell 33000 pens next month. Their fixed costs are $24600 per month and variable costs are $0.38 per pen. Management wants to generate $13000 in profits next month. Assuming that the demand is met, what must the selling price be?
2. Our home construction company still buys nails in 15-pound boxes but now we use an average of 4455 boxes a year. Preparing an order and receiving a shipment of nails involves a cost of $1.30 per order. Annual carrying costs are $0.6 per bag. What will be their total cost of ordering and carrying the nails? (Include the pennies in your answer)
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Enron hid debt in secret accounts. Johnson and Johnson removed all Tylenol from shelves when the integrity of the product was questioned. What business concept discussed in this course does this relate to?
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Identify and discuss the two business dilemmas presented in the case scenario. Identify the facts relied upon to make the selection.
Discuss the effects that an impending labor shortage might have on the following three sub-functions of human resource management:
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Managers of global companies are always operating in an environment where they are competing with other companies for scarce and valuable resources.
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