Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
ANALYZING MANAGERIAL DECISIONS: RICH MANUFACTURING
Gina Picaretto is production manager at the Rich Manufacturing Company. Each year her unit buys up to 100,000 machine parts from Bhagat Incorporated. The contract specifies that Rich will pay Bhagat its production costs plus a $5 markup (cost-plus pricing). Currently Bhagat’s costs per part are $10 for other costs. Thus, the current price is $25 per part. The contract provides an option to Rich to buy up to 100,000 parts at this price. It must purchase a minimum volume of 50,000 parts. Bhagat’s workforce is heavily unionized. During recent contract negotiations. Bhagat agreed to a 30 percent raise for workers. In this labor contract, wages and benefits are specified. However, Bhagat is free to choose the quantity of labor it employs. Bhagat has announced a $3 price increase for its machine parts. The figure represents the projected $3 increase in labor costs due to its new union contract. It is Gina’s responsibility to evaluate this announcement.
1. Is the increase more likely to be justified in the short run or long run? EXPLAIN
How, and (b) under what circumstances, does this organization work to mitigate principal-agent issues in the following ways:
This shows a portion of a data set that refers to the size of a home (in square feet) and its property taxes owed by the owner (in $) in an affluent suburb 30 miles outside New York City. To enable us to predict property taxes on the basis of the siz..
Capital Budgeting Project Analysis and Evaluation: Explain the difference between depreciation as calculated on the income statement and depreciation as calculated for taxes. What is the cash effect of each?
If the company has $5 million per day in collections and $3 million per day in disbursements, how many dollars will the cash management system free up?
Let's play a little devil's advocate on this question. What is it that would prevent a union employee from also being an at-will employee? Is there any way to preserve the doctrine of employment at will in the collective bargaining agreement?
Ray’s Satellite Emporium wishes to determine the best order size for its best-selling satellite dish. Ray has estimated the annual demand for this model at 10,000 units. His cost to carry one unit is $80 per year per unit, and he has estimated that e..
While choosing appropriate words for business writing, which of the following is true? (a) always use a short word instead of a long word. (b) use a short word instead of a long word, even if the long word is more familiar. (c) use a long word if you..
what you see as possible enhancements and, if any, problems from purchasing items from other countries around the world as a retailer.
-Information Technology " IT. " as a strategic resource in construction management. knowledge management as value adding activity in construction. " innovation" as a source of competitive advantage in construction
How is the work package used to estimate project cost and duration? What type of estimation approach is being utilized when the work package is used for cost and resource estimates?
Preparation of company product that was promised to a major customer is running late, and there is intense pressure on the production team to deliver product
An administrator of a small hospital is contemplating a relocation of a hospitals xray facility. Currently, the xray department is located such that only two patients can be waiting for the xray machine at one time. This has resulted in emergency pat..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd