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Top Gun Records and several movie studios have decided to sign a revenue-sharing contract for DVDs. Each DVD costs the studio $2 to produce. The DVD will be sold to Top Gun for $3. Top Gun in turn prices a DVD at $15 and forecasts demand to be normally distributed, with a mean of 5,000 and a standard deviation of 2,000. Any unsold CDs are discounted to $1, and all sell at this price. Top Gun will share 35 percent of the revenue with the studio, keeping 65 percent for itself.
How may CDs should Top Gun order?
What is the profit that Top Gun expects to make?
What is the profit that studio expects to make?
A vital part of almost every report contains statements concerning its problem. Evaluate and explain the significance of report problems whose introductions could require coverage of methods of collecting data, historical background, and limitations.
What is the certification when a qualified national or international standards body or similar certifying agency audits and certifies that a company is ISO 9000-compliant?
Pick one product with which you are familiar. Complete three to five line items such as Job shop, batch, assembly line, or continuous flow approach, on the Process Design Matrix. Pick one service with which you are familiar. Complete three to fi..
Explain how an incentive pay system, when properly applied, can contribute to companies meeting the goals of lowest cost and differentiation strategies. Provide an example.
What are the keys to sustaining a focused low-cost strategy? How does a focused differentiation strategy differ from a broad differentiation strategy?
What are the positive and negative impact of tariffs. Give a specific example of each. What are at least three factors that would motivate a company to set up a foreign operation.
A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8.4 per stone for quantities of 600 stones or more, $9.5 per stone for orders of 400 to 599 stones, and $10 per stone for lesser quantities.
Furniture Face Lift refinishes old wood furniture. Their process for refinishing chairs has 8 workers and 4 stations. Each chair starts at the Stripping station, then goes to Priming, then to Painting and finally to Inspection.
Do you think se assumptions are realistic or are EOQ model an outdated technique for inventory control. If so, why. If not, explain why not. Could model be modified to fit needs of specific businesses.
1.explain the balance scorecard and metrics drawn from this to create a metric for training.2.explain the connection
as a marketing manager you have recently turned down nancy conrad for a position as sales supervisor. nancy believes
Why would an organization choose a corporate level strategy to expand its value-creation activities beyond its core domain?
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