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A manufacturing firm is considering whether to produce or outsource the production of a new product If they produce the item themselves, they will incur a fixed cost of $950,000 per year, but if they outsource overseas there will be a $1.5 million cost per year. The advantage of outsourcing overseas is the variable cost of 950 per unit. The variable cost of making it in their own shop is $43/unit. Regardless where these devices are made, they will sell for $98 each. What is the break-even quantity for each alternative?
At what quantity does it make no difference whether the product is produced in house or outsourced?
If you had an order for 16,000 units would you recommend in-house production or outsourcing?
A small restaurant has 30 tables. When guests arrive, the manager seats them, servers serve them, and then the customers pay their bills. It takes the manager 1 minute to find a table for customers. What is the capacity of the system and the bottlene..
Marketing Plan Part 1 (1b, 1d) Your individual work in this course is to construct a Marketing Plan. You will choose a product or service (an existing product, new product, or business that you might want to start) and construct your marketing plan a..
A retail store is having a customer appreciation sale. Depending on the total dollars purchased, the customer could receive a discount on his or her total purchases. You are to develop pseudocode that will obtain the total dollars purchased from the ..
Discuss some of the protected characteristics covered by equal employment opportunity and why they are important in today’s employment setting?
Explain three of the basic principles of cost management. Examples are profits, life cycle costs, tangible and intangible costs and benefits, direct and indirect costs, and reserves. Why do you think information technology professionals overlook thes..
Identify and describe the areas of a SWOT analysis and discuss why it is important to consider these areas when developing a strategic plan. Why is it often difficult to develop a realistic analysis
What are the major challenges for supply chains? Explain the alignment of supply chain strategies to enhance customer value.
Determine whether benchmarking would be useful for improving the quality of the product.
Carolyn Miller accompanied William Baker as a social guest to Baker’s brother's camp. After both parties had consumed intoxicating beverages, Miller walked onto a pier that was then only partially completed. Baker rescued Miller, who had seriously in..
Describe Bullwhip Effect? and Suppose that all stages in the supply chain had tracked their inventory positions while managing their inventories. In addition, all stages had made their ordering decisions using base-stock policy.
Discuss three issues that can deter high performance when outsourcing a project.
What marketing research should be considered to aid a companys B2B integrated marketing communcation program? Include an example with your explanation. 2-3 paragraphs.
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