Reference no: EM131163002
Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 150 items per hour. Two workers sharing a computer can together inventory 200 items per hour. Three workers sharing a computer can together inventory 220 items per hour. And four or more workers sharing a computer can together inventory 235 items per hour. Computers cost $125 each and you must pay each worker $30 per hour.If you assign one worker per computer, what is the cost of inventorying a single item?
Instructions: Round your answer to two decimal places.
$ per item
If you assign two workers per computer, what is the cost of inventorying a single item?
Instructions: Round your answer to two decimal places.
$ per item
If you assign three workers per computer, what is the cost of inventorying a single item?
Instructions: Round your answer to two decimal places.
$ per item
Instructions: Round your answer to two decimal places.
If you assign four workers per computer, what is the cost of inventorying a single item?
$ per item
How many workers per computer should you assign if you wish to minimize the cost of inventorying a single item?
worker(s) per computer
Discussion on creating value for customer-relevance-strategy
: This is a team discussion on “creating value” for customers, “relevance”, and “strategy”. I posted three articles titled "Value Proposition", “Preference vs. Relevance” and “Negatives_Relevancy” for this team discussion under Week 1 module.
|
Assume the market risk premium and risk free rate
: For a company having a beta of 1.1, a current stock of $40 per share, and an expected dividend this coming year of $2.80 per share, what is projected stock price one year from today? (Find P1). Assume the market risk premium is 12% and the risk free ..
|
Highway-building program and consequently ran large deficit
: At the beginning of a recession, if the federal government spent tens of billions of dollars on a highway-building program and consequently ran a large deficit, how would this fiscal policy measure be judged by each of the five main schools of 20th c..
|
Interesting story dealing with international business
: Term Project: Weekly Journal Portfolio (20%): You are required to maintain a weekly journal in APA format. Once a week, you have to pick an interesting story dealing with international business from the print/internet media. What did you learn from i..
|
What is the cost of inventorying single item
: Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 150 items per hour. If you assign three ..
|
Make the results of a regression analysis more useful
: Discusses some of the factors that can make the results of a regression analysis more useful or less useful to managers who are seeking to predict future costs for their companies. Looking for an explanation that will be about a page or more long.
|
The middle of one-year rental contract
: You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $700,000 per month, and you have contractual labor obligations of $1,250,000 per month that you can’t get out of. What happen..
|
Small open economy with perfect capital mobility
: The government of a small open economy with perfect capital mobility wants to establish a "stronger" currency by moving its exchange rate higher. What are the consequences of these adjustments on domestic output and net exports?
|
Retained to ensure that the price increase is profitable
: A bakery currently sells chocolate chip cookies at a price of $16 per dozen. The marginal cost per dozen is $8. The cookies are becoming more popular with customers, and so the bakery owner is considering raising the price to $20/dozen. What percenta..
|