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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
How do small organizations and large organizations differ in design?
Consider a time when you have acted as a leader in the past and had to mitigate an issue. Examine how you resolved the issue. If the issue was not resolved, examine the steps you t
a. To cater for adequate supply of oxygen or air required for respiration. b. To provide thermal comfort b maintaining adequate heat balance of the body. c. To get r
Summarize the problems of the CEUPU process and suggestions you make to Veronique to improve her process
The current order quantity for Paul's Pasta Pinwheels is 200 boxes. The order cost is $4 per order, the holding cost is $0.40 per box per year, and the annual demand is 500 boxes p
Evaluate the service to club members and casual flyers by completing a table similar to table 3.1 (see page 70 Operations Management 6xth Edition Nigel Slack)
A bridge that is used to connect an Ethernet network with a FDDI network must be practicing what type of bridging?
Could someone show me how to do a Pareto chart based on the information in problem of mgmt production management?
What happens if balance doesn’t exist
Differences and similarities between marketing plan, strategic marketing plan and tactical marketing plan
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