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An electronics firm is currently manufacturing an item that has a variable cost of $0.50 per unit and a selling price of $1.00 per unit. Fixed costs are$14,000 per month. Current volume is 30,000 units per month. The firm wants to improve the product quality by adding a new piece of equipment at an additional fixed cost of $6,000 a month. Variable cost would increase to $0.60 a unit but volume should jump to 50,000 units a month due to improved productivity. Although the new product is of a higher quality, the firm intends to stay with the selling price of $1.00 per unit (for competitive purposes). (a) Should the firm buy the new equipment? (b) The firm is now considering stepping the new volume to 45,000 units a month to produce even better quality products and increase the selling price to $1.10 a unit. Under these circumstances, should the company buy the new equipment and increase the selling price?
marketing strategy, turnover in terms of revenue, Paid out rate
The primary objective of the project is to encourage students to explore, in modest depth, the operations function of a community business of your choosing in order to connect real-world activity with theory and principle.
Profit contributions are $6 per bunch of roses and $8 per bunch of carnations. Formulate this problem as a linear programming problem.
MI6's Q Branch is developing a new ultra dry martini. The martini is a mixture of vodka plus three liquid ingredients: A, B, and C. To ensure proper performance, the total amount of additive amount of A plus amount of B plus amount of C must be at le..
What are the challenges associated with acquiring and deploying an ERP system? Cite any references you use at the end of the paper.
IBM eliminated 14,500 jobs mostly in Europe also those reportedly hired a thousand additional employees in India. Discuss the implications for your current or future caress choices also the kinds of companies or organizations you would desire to wor..
The Lynx Company uses a functional system for their sales system. It takes the orders from their salesmen in the field, processes those orders in the office, sends the information to accounting, and distributes the pick orders to the warehouse for pi..
she fears which the supervisors will be biased towards making the component in house, as they tend to favour retaining more work for their people. Elucidate what should Nancy Bush do.
discuss the best way to link your job performance to training strategies. Provide specific examples to support your response.
Compare the operations systems used in the company presented by your peer to the systems used in the company that you reviewed. What similarities or differences exist?
A manufacturer is considering adding a new facility to keep up with demand. The location being considered will have fixed cost of $15000.00 per month and variable costs of $15.00 per unit. The selling price will be $25.00 per unit. Show all wor..
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