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A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $189 in either case. Omaha Kansas City Annual fixed costs ($ millions) $ 1.0 $ 1.3 Variable cost per unit $ 30 $ 46 Expected annual demand (units) 9,400 10,850 Using the above information, determine which location would produce the greater profit. (Omit the "$" sign in your response.) would produce the greater gross profit of $ 551550 . Referencese Book & Resources Work sheet Difficulty: 1 Easy Problem 8-1Learning Objective: 08-07 Use the techniques presented to evaluate location alternatives. Check my work
While talking to her coworker Binai, Corrine learns her coworker graduated from the same university as she did. Corrine had previously thought that Binai and she had nothing in common since Binai was from India originally and Corrine is American. Cor..
Find a study that used logistic regression to solve a business problem.
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Briefly respond to this question from my professor Where does the ultimate responsibility reside for being ethical and green?
Rationing Issues in Healthcare The concept of rationing healthcare is dealt with on a daily basis. Healthcare rationing in the United States exists in various forms. Access to private health insurance is rationed based on price and ability to pay. Di..
Explain the parallels of the concepts presented in the video to the five functions of management. Explain how the five functions of management can help you in your personal life.
You have just been hired as the human resources (HR) manager by your company's chief executive officer (CEO). During your interview process, the CEO indicated that in the last 2 decades, the workforce demographics of her company have changed drama..
For this payoff table find Transrail's optimal decision using (1) the conservative approach, (2) the optimistic approach. and 3) the minimax regret approach
Detail two examples of what health insurance companies decided to do to help with marketing appeal and positioning to consumers regarding choices and selection of a health care plan
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success university su is a medium sized undergraduate institution located in southern california. su offers associates
what is the implied cost of shortage, given the actual order size? What might be a reason for this difference in shortage costs? ($2.39)
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