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You own a workshop that produces custom handmade frames for diplomas. You are negotiating a contract with Loyola to sell the frames at the bookstore. Loyola decided to offer a trial contract where they will stock 20 frames at the bookstore. You estimate that the material costs for each frame is $15.00. You also estimate that it takes your employee 15 labor hours to produce the first frame. You pay your employee $25 per hour. Your initial bid accounted for learning curves (85%) and a 12% markup. The bookstore representative is receptive to your bid but is a little hesitant to award you the contract because the average cost per frame that you bid is 5% higher than their target. You respond to the customer that if they would increase their order from 20 frames to x frames, you could beat their target price. What is x?
Explain how it can impact a healthcare setting (e.g., clinic, surgery center, hospital, nursing home, etc.). List some of the benefits of using the selected payment model. List some of the drawbacks of using the selected payment model
The Board of Directors for the Bright Road Healthcare System is thinking of expanding services to include a home health agency in the community. It is important to keep in mind that the Bright Road Healthcare System is a participating provider in an ..
A music magazine has had steady business with the current 45 to 65 year old demographic, because of its coverage of “classic rock”, as it has aged from youth to middle aged. The magazine has also needed to continually reach out to the current youth o..
Why would an individual choose to form a business as a corporation as opposed to a sole proprietorship? How does an individual form a corporation? How does a company become a "public" company? What are some of the differences between private and publ..
consider an example of a type of company that could be helped by running an mrp system. answer the following questions
Abbott Work Wear, Inc., supplies uniforms for a variety of businesses. Greg Michaels is a new intern in the Accounting Department at Abbott. To expand sales, the company is considering paying commissions to its sales force. What are Beth Sparrows res..
Identify an unconsummated wealth creating transaction (or a wealth destroying one) within your organization and figure out how to profitably consummate it(or deter it) estimate how much profit you would earn by consummate it
Assume that you make scanners and this situation is pretty typical of what you would find. How would this information influence your marketing activities? Be as specific as possible.
Every project must have a project executive, management, and identified team roles. Once the roles are determined, a time line must be established, and key stakeholders and risks must be identified.
Pick one of Hofstede’s five dimensions of cultural value, differentiate your native culture or a non-American culture of choice with the American cultural value. how are inventory decisions related to forecasting? If you are going to open new e-busin..
What has been the impact of horizontal, vertical, and virtual integration on healthcare organizations?
In an organization, which of the following strategies can be employed to prevent unionization? In the United States, why do laws prohibit police officers and firefighters from conducting strikes? Which of the following can be considered as a union se..
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