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Your company has a market share of 25%. The total market size is $100 million. Your contribution margin (the ratio of the contribution per unit over the price per unit) is 20%. Your variable cost is $16 per unit. You are thinking of hiring 10 more salespeople. The annual cost per salesperson (including salary and benefits) is $120,000. In addition, each salesperson receives as a bonus 10% of the sales he or she generates. How much should your market share increase to make this a profitable action? (Hint: To solve the problem you need to calculate the price per unit and then calculate the new contribution per unit that will reflect the added cost of the 10% bonus given to the salespeople.) You must show all calculations to receive credit
Answer the following questions: 1. what are the pros and cons of an airline implementing a policy that heavier customers need to buy a second seat? Research an airline and provide
Value Driven Approach The second approach is a value drive approach to operations management. The value driven approach starts by recognizing that a business is a set of proce
Finding solutions to problems is affected by how one frames the problem. In other words, what one thinks is wrong will influence what one believes the available solution(s) to be.
fACTORS AFFECTING LOCATION DECISIONS?
Why is it important to develop their products/services marketing plan in writing?
What kind of data would be considered a NOD?/ REFERENCE WHERE THE INFO CAME FROM
Small groups of employees that meet to recognize work problems and their solution are known as Quality circles.
The OM module is assessed by an individual written report that deals with the application of one or more aspects of the theory taught on the course in the context of an organisatio
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
Saint Louis - LAW - 822 NotesWednesday, October 31, 20122:31 PMReview: Causation:o The defendant must have been the proximate cause of the injury/death:Death must have been reasona
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