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A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $187 in either case. Omaha Kansas City Annual fixed costs ($ millions) $ 1.0 $ 1.1 Variable cost per unit $ 31 $ 45 Expected annual demand (units) 9,575 10,300 Using the above information, determine which location would produce the greater profit. (Omit the "$" sign in your response.) (Click to select) Kansas CityOmaha would produce the greater gross profit of $ .
From the first case study, evaluate the medical practice and suggest at least two options (not discussed in the case) to maximize patient throughput and revenues without compromising the quality of medical care. Support your suggestion.
What are unilateral and bilateral mistake? Explain undue influence and distress. What is the Statute of Frauds - Writing Requirement. Which contracts require a writing? Explain the exceptions to this rule.
What are the four properties that must be present in order to use binomial distribution? What are four properties that must be present in order to use the Poisson distribution?
During a “hard” insurance market, a manufacturing company decided to self-insure its workers compensation loss exposure. The company hired a third party (TPA) to administer the workers compensation claims. Even though the risk was being self-insured,..
Why is ‘doing the right thing’ often different than “doing the legal thing”? Why might the distinction between what is moral and what is legal be of particular concern to accountants and other kinds of financial auditors and overseers?
What type of strategy will you use to meet this demand? What impact will this strategy have on the production line? What are some of the advantages and disadvantages of making this shift?
Discuss this point below,Substantiate your discussion by providing an example from your own work/college experience or from current news.
Conflicts can occur in any team environment. While business analysis doesn't appear to include conflict management, it must. Describe your current method(s) for resolving conflict. Is it effective? How so? Is it ineffective? Why?
How can diversity give a company a competitive edge? Can diversity really make a difference in the bottom line? How? Be specific in your response. And how can managers overcome obstacles to diversity such as mistrust and tension, stereotyping, and co..
In detail, explain how and why the functional areas of both marketing and management are important to the four phases of strategic management (thinking, planning, implementation, and feedback.)
List and evaluate three most important threats that Samsung mobile phone company can expect or has experienced from:
Explain how you would address each of the 3 main problems in the organization: outdated product lines, adversarial communication, and competition for internal resources.
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