Consider a firm that sells its product in both the U.S. and the U.K. U.S. demand is for 13,000 units, and the U.S. production capacity is 16,000 units. Demand in the U.K. is for 10,000 units, and the U.K. production capacity is 12,000 units. Production cost in the U.S. is $3.2, and production cost in the U.K. is £7. The current exchange rate is $1.28 = £1. The shipping cost is $1.6 per unit for any units shipped between the two countries. Sales prices equate to $120 in each country. a) How many should be made in each country? U.S. = units. U.K. = units. b) How much is the profit for each country? U.S. Profit= $ U.K. Profit= $ (round your response to the nearest dollar). (round your response to the nearest dollar).
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- Neverland Company, a retailer, plans to sell 15,000 units of Product X during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units of Product X must be purchased from the supplier during the month? * 17,000 15,000 14,500 15,500A firm produces three products. Product A sells for $60; its variable costs are $20. Product B sells for $200; its variable costs are $120. Product C sells for $25; its variable costs are $10. Last year, the firm sold 1000 units of A 2000 units of B, and 10,000 units of C The firm has fixed costs of $320,000 per year. Calculate the break-even point of the firm.A manufacturer that produces 100 different products is considering building a new warehouse because there is no room in raw material and product warehouses. Because although some products are more than in the warehouse, some demands that come due to the fact that the ban products are not enough in the warehouse are avoided. For this reason, it plans not to miss any demand by producing and storing enough of all its products, and of course it is considering building a new and larger warehouse to store more products. What can you suggest to this company, taking into account what is described in the course, describe your proposal in maximum detail with the concepts described in the course, as applicable activities.
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- A manufacturer has a production facility that requires 15,604 units of component JY21 per year. Following a long-term contract, the manufacturer purchases component JY21 from a supplier with a lead time of 7 days. The unit purchase cost is $25.6 per unit. The cost to place and process an order from the supplier is $121 per order. The unit inventory carrying cost per year is 10.5 percent of the unit purchase cost. The manufacturer operates 250 days a year. Assume EOQ model is appropriate. If the manufacturer uses a constant order quantity of 2,640 units per order, what is the annual holding cost? Use at least 4 decimal places.The smaller the profit margin, perhaps due to everyday low-pricing strategy or due to operational inefficiencies, the more important it is to focus on Multiple Choice decreasing product cycle time. cutting costs out of the supply chain. increasing product variation and availability. decreasing product cycle time and increasing product variation and availabilityThe smaller the profit margin, perhaps due to everyday low-pricing strategy or due to operational inefficiencies, the more important it is to focus on Multiple Choice decreasing product cycle time. cutting costs out of the supply chain. increasing product variation and availability. decreasing product cycle time and increasing product variation and availabilityA buyer purchases 75 yd of material for $135. Then an additional 80 yd are ordered at the same unit cost. What is the additional cost (in dollars)?