Determine the equation for the unit formulation

Assignment Help Operation Management
Reference no: EM131279906

Given the following information, determine the equation for the unit formulation.

(Round intermediate calculations to 4 decimal places)

[Image Description: Table listing Unit Number (X) and Unit Cost ($Y). Unit

1 = $900, Unit 2 = $780, Unit 3 =$717.37, Unit 4=$676.00]

X                                Y

1                                 900

2                                 780

3                                  717.37

4                                 676.00                                                           

Y = (900)(X) -0.1521

Y = (900)(X) 0.9000

Y = (900)(X) 0.6931

Y = (900)(X) -0.2065

Reference no: EM131279906

Questions Cloud

Exists between organization and its operating environment : What is so interesting about the Bamiyan Buddhas and their artistic styles which developed along the Silk Road? Analyse the relationship that exists between the organization and its operating environment.
What evidence you would use to help prove your point : You have a friend who is of Jewish heritage; however, she has no religious belief. She asks you why, if God is good, He permitted the Holocaust to happen. What would you tell her? You are writing an article for a theological journal arguing that heav..
Under what circumstances should international business : Under what circumstances should international business people impose the values of their culture on foreigners with whom they do business? What are two primary sources of information on a given country’s culture? Outline why the culture of a country ..
How long will it take to achieve some degree of excellence : Macon was a fifty-year-old company in the business of developing test equipment for the tire industry. The company had a history of segregated departments with very focused functional line managers. The company had two major technical departments: me..
Determine the equation for the unit formulation : Given the following information, determine the equation for the unit formulation.
Signed a revenue- sharing contract : Topgun Records has signed a revenue- sharing contract with a movie studio for CDs. Each CD costs the studio $2 to produce. How many CDs should Topgun order? How many CDs does Topgun expect to sell at a discount? What is the profit that Topgun expects..
What is the expected overstock at the retailer : Benetton has a quantity flexibility contract with a retailer for a seasonal product. If the retailer orders O units, Benetton is willing to provide up to another 35 percent if needed. Benetton’s production cost is $20 and it charges the retailer a wh..
Decided that concession sales will support themselves : As a manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Last year manager Jim Freeland has advised you to..
Different patterns that are found in multinational firms : What are the different patterns that are found in multinational firms? Describe the events that have had major impact on China's economy?

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