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Think about a bakery shop that sells a variety of breads, cookies, cakes, and pies.
Assume that they work six days a week (except Sunday) and own the building they occupy. They own all the utensils, mixing equipment, display cases, and two large gas ovens. They pay utility bills (gas and electricity), property taxes as well as income taxes, and they purchase materials (flour, eggs, etc.) from suppliers.
REQUIRED:
Which business costs do you consider to be variable?
Which business costs do you consider to be fixed?
Why is it important to understand this distinction?
Share your reasoning. Post your thoughts to the discussion thread being respectful of others in sharing your opinions.
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Review and identify the core business processes in high tech, pharmaceutical, and consumer packaged goods industries. From ERP(Enterprice Resource Planning) and MDM(Master Data Management) points of view, identify similarities and differences.
Play Around Toys Inc. owns another division known as Play around Again Toys. This division sells previously used toys. Because this division focuses on keeping costs low, it does not maintain any type of automated customer database.
Consider an inventory system which the sequence of events during each period is as follows. We observe the inventory level (call it i) at the beginning of the period. Defines a period state to be period’s beginning inventory level. Determine the tr..
Once you have constructed your process diagram, you can begin to answer the questions in the case study description: How is capacity defined at a wastewater treatment plant
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