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

  Relevant considerations on which its resolution depends

Veronica is a repairperson for Wind Power Company. The job requires traveling to remote areas to make repairs to windmills, transmission towers, and power stations under any conditions. Veronica has had the job longer than other employees. What is th..

  Discussion regarding employment relationships

Participate in a discussion regarding employment relationships. Discuss how these have changed throughout history and what effect this has on an individual’s work/life balance. Share with your classmates your personal experiences regarding how you mi..

  Calculate the total annual cost of the system

ABC Company has a demand for 2000 units per year. The cost of each unit is $100. It costs ABC $200 to place an order and $4 to carry a unit in stock per year. Further, the supplier needs week and a half to deliver their order. Assume 50 weeks to a ye..

  Because age and generation impact how companies staff

Because age and generation impact how companies staff, what are your thoughts about how staffing strategies might be changing because of Generation Y

  Redefining the concept of eminent domain

What about the right to restrict how we use our lad? What role did the Kelo case (US SUPREME COURT) play in the state's legislatures redefining the concept of eminent domain.

  Concentrations and your readiness assessment strategy

Review the article on Organizational Readiness by David Loshin. Create at least three questions that you would ask to assess organizational readiness for each of the three concentrations listed in the article (i.e., organizational, management, and op..

  What is the cash flow to creditors for the year

At the beginning of the year, a firm had total assets of $369,000, current liabilities of $29,600, and total equity of $238,000. At the end of the year, the total assets were $420,000, current liabilities were $32,500, and total equity was $255,000. ..

  Which one of the five generic competitive strategies

Which one of the 5 generic competitive strategies is most likely to be best suited for an industry whose product is a commodity

  Competitive advantage for publicly traded firms

Shareholder perspective is perhaps the most widely employed measure of competitive advantage for publicly traded firms. What are some of the disadvantages of using shareholder value as the sole point of view for defining competitive advantage?

  Describe the effects of corruption on capitalism

What are the effects of corruption on capitalism and foreign investment? How can MNCs deal effectively with these problems?

  Was the manager that you replaced efficient or effective

You have been promoted from being an effective manager in one department (finance) to be the manager in another department (manufacturing). Production is low, and has declined in recent months. Was the manager that you replaced efficient or effective..

  Determine the level production rate

The forecasted demand for fudge for the next four months is 140,160,90 and 70 pounds. What is the recommended production rate if a level strategy is adopted with no back orders or stockouts?

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