2. The operations manager for an auto supply company is evaluating the potential purchase of a new machine for the production of a transmission component. Current manufacturing costs are fixed costs of $11,000 and a variable cost of $0.50 per unit. The new machine would have fixed cost of $4,000 and a variable cost of $0.75 per unit. Each component is sold for $1.50 per unit. a. Develop two separate models in your spreadsheet to calculate Total Profit The models must be flexible and able to calculate Total profit for any Quantity for each option. produced. b. Find the break-even quantity for each option c. Graph the Total profit for each option vs Quantity (both lines on one graph) Show Quantity from 0 to 50,000
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- 1. Discuss how your client may determine the customer cost for its service, including non-monetary costs (time, effort, and perceived risk) When considering Customer Cost, we need to understand the perceived cost of its customer’s. From a customer’s point of view, the costs involved in buying and using a service is only part of the price charged by the supplier. Related monetary and non-monetary costs make up the other costs of the service. Time Office Automation may determine their Customer Cost for its service, including monetary and non-monetary costs, depending on various factors such as: The time taken to perform the service. The costs of the parts used / needed. Labour Costs. The costs their competitors are charging, to provide a competitive rate. A call out fee, time, and money (for fuel, etc) used to drive to the customers location. Cost of shipping. Quality of service, Time Office Automation’s staff has more than 25 years of experience in the field, therefore, could…Refer to the figure below relating to a commercial printer (customer) and the company that supplies the paper. Technical requirements Importance to customer Customer requirements Paper will not tear 3 A Consistent finish No ink bleed Prints cleanly 1 2 3 7 Paper width 7 Paper thickness ? Roll roundness thickness Paper width Paper Roll roundness Coating thickness Tensile strength Paper color ? Coating thickness ? Tensile strength 7 Paper color O Customer Requirements Paper doesn't wrinkle Prints clearly Easy to use a. What technical requirements have the highest impact on the customer requirement that the paper not tear? (You may select more than one answer. Click the box with a check mark for the correct answer and click to empty the box for the wrong answer.) J O Type of Paper b. The following table presents technical requirements and customer requirements for the output of a laser printer. Determine which single technical requirement likely has the greatest Impact on each individual…What are quality standards and how to guarantee your company has reached them? QUESTION 2:What are the four flows within the corporate environment, which are tried to optimize through logistics? QUESTION 3:Describe supplier selection and evaluation process. QUESTION 4:What are the differences between local and global sourcing? Explain also in which situations either of the options are preferable. QUESTION 5:What is demand forecasting and why it’s vital to the company’s operations? QUESTION 6:Explain the purpose, methods and the outcome of good customer service process. Your answer must be at least 1-2 pages.
- 5. Why do you think most PMs use Gantt chart more commonly than the network diagram ?Hotel ComplaintsA luxury hotel has been receiving a lot of complaints from guests recently. The manager worries that if these complaints continue, the hotel will start to lose clients. Therefore, you have been hired as a consultant to correct the problem(s). A list of the major complaints by week for the last month is as follows: Complaint Number of Occurrences Week 1Error on bill 10Room not ready at check-in 8Room service delivery late 3Longline at check-out 10 Week 2Error on bill 12Noise in hallway 2Longline at check-out…Define "knowledge-based systems" (KBSs), please.
- Rubatex Corporation manufactures rubber and foam for a variety of products, including artificial turf housing and insulation, hockey helmet liners, scuba diving suits, sports sandals and mouse pads. The company was purchased by an investment firm called American industrial partners (AIP) that has so far earned only a 1 percent return on its investment. Obviously the company is having problems. Its sales are up but earnings are down. In the first three months after acquisition, the company lost $2 million on $68 million in sales. Understandably, AIP wants to know why and is demanding aggressive action. Employees at the Bedford, Virginia, plant say they know something’s wrong. The plant is hot and dirty and crumbling, and they are working harder to produce items of poorer quality. Fewer than 7 of 10 orders are shipped on time, and 2% of sales are returned as defective. Built in 1924, the plant sprawls over 14 buildings, with only the offices and lunchroom air-conditioned. Equipment is…JYP is a hypermarket chain that operates throughout China, with 25 locations and 800 employees ranging from store workers to the CEO. JYP I operates in a very competitive environment with numerous other companies. As a result, improving performance is vital in order to achieve the goal of being the number 1 hypermarket chain in the country. The goal must be met while taking into account the relatively high worker turnover rate in this area. a)Explain how the Maslow Hierarchy of Needs application may be of use at JYP. b)Explain the application of Performance Management System at JYP.A company with 617 employees had the following expenses this year (2018): 14 hospitalizations, $5,600 Cost (each) What is the total cost of 14 hospitalizations?
- Log in to the site AClasses A https://docs.google.com/forms/d/e/1FAlpQLSeEKUjfCSyselenY4sxAC Adham, the head of human resources unit at XYZ School, has recently asked the mathematics coordinator to attend one of the mathernatics instructors' classes and evaluate her performance based on the following criteria: teaching skills, classroom management, knowledge in the material delivered, & communication skills. In this scenario, the performance management function is basically practiced by a(n) Outsourced HR expert Professional employer organization Line manager HR professional Recruiters who go to marathons or bike races that are attended by individuals the company is seeking are participating in Event recruiting Open houses Job posting Job fairsWrite a recommendation report using this scenario “An investment consultant must advise a client whether or not to invest in the development of a lake resort”Installing fire-extinguishers is not a requirement in most households. With a fire distinguisher in a house, in the event of a fire, the fire can be put off quickly. This protect the life and property of the household that install it. This also prevent the fire from spreading to the neighbourhood and also benefits the neighbourhood. (a) Describe and explain with a market diagram for fire- extinguisher. Do you think the fire-extinguisher market is efficient? Explain. (b)If the fire-extinguisher market is not efficient, suggests one method to make it efficient.