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Sensitivity analysis
If you can sell a product for $67 and it costs you $28 per unit to produce, while also paying $3,900 per month in fixed expenses, how many units must you sell each month in order to earn a monthly profit of $2,500? Show all your work.
Using the information from the first problem, your variable costs per unit include labor ($18) and parts ($10). Your fixed costs include maintenance of $750, rent and utilities of $2000, and administration costs of $1150. If you have a labor issue and your costs might vary by $2 next month; and you might have a major repair issue that will add $500; and your administrative costs might vary by 10%. Which is the most important issue to focus on? Conduct a sensitivity analysis of the situation and show all of your work.
Discuss in general the product/service design process used for your business opportunity.
What factors in the PESTEL framework are most important when entering the foreign market and why?
What are some arguments in favor of continuing government support of Citigroup? Does the government have people to manage such a global finance enterprise?
T&D electric manufactures high-voltage switches and other equipment for electric utilities. One line that is staffed by three workers assembles a particular type of switch. If current throughput is 10.5 switches per hour with an average WIP level of ..
Give an example of your use of forecasting to develop planning premises. Which of the three forecasting technique(s) did you use? How effective was the plan that resulted?
Sid Das Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. An average of 24 trucks per day, or 3 per hour, arrive at the loading platform, according to a Poisson distribution.
Discuss some of the challenges that must be overcome to apply quality management principles in the following industries.
Analysis of drugs in a criminal case The chain of custody, and The preservation of evidence.
Selecting through social networks has to be done carefully, enough to respect the EEO, which is the Equal Employment Opportunity in other to avoid eroding.
Discuss the best possible method for determining the value of the business you selected. Explain your rationale.
What does negligent hiring mean? What are the inherent conflicts with prior employers’ unwillingness to provide truthful references?
Discuss the different price methodologies. What are some different approaches companies can use when pricing?
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