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Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl. Fay estimates monthly fixed costs for franchisees at $8,750. 1. Use the contribution margin ratio shortcut approach to find franchisees breakeven sales in dollars. 2. Is franchising a good idea for Fay if franchisees want a minimum monthly operating income of $3,500 and Fay believes most locations could generate $24,000 in monthly sales?
Do you belive it is ethical for organizational managers to try to get access and scrutinize the Facebook pages of employees or job applicants?
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Briefly compare and contrast the manufacturing and service processes using queuing and assembly lines as your items to compare and contrast
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Why are services typically more difficult to standardize, automate, and make efficient?
A quality team at Milburn Textiles has been charged with setting up control charts to monitor a key dyeing process that has been improved and now stable. The ideal temperature for
Inatrode produces 4750 computer chips per day. Each day, a sample of 375 chips is tested for a period of 96 operating hours each. During the test, 3 failed at 15 hours, 5 failed at
Why is it important to develop their products/services marketing plan in writing?
In what ways do you think that scoping projects that are cutting edge or don't have a lot of precedents is a problem, and how do you think a project manager can address this
What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually?
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