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1. (a). Define Break -Even point.(b). From the following information calculate the Break-Even price:
Quantity 4,000
Variable cost per unit. $ 25
Fixed cost $200, 000
2. Explain the four types of budgets
3. What is product margin? Discuss the special decisions where the concept of product margin can be applied.
4. Make a comparison of stock and debt financing.
5. Define the following terms:
a. Group purchasing organization.
b. Zero- based budgeting
c. Decentralization
d. Lease financing
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Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
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An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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