User Account

All Pages

What is the volume at the intersection of the edwardsville

Assignment Help Operation Management
Reference no: EM131316478

Problem 1 -

Ching-Chang Kuo is considering opening a new foundry in Denton, Texas; Edwardsville, Illinois; or Fayetteville, Arkansas, to produce high quality rifle sights. He has assembled the following fixed-cost and variable-cost data:

 

PER-UNIT COSTS

LOCATION

FIXED COST PER YEAR

MATERIAL

VARIABLE LABOR

OVERHEAD

Denton

$200,000

$.20

$.40

$.40

Edwardsville

$180,000

$.25

$.75

$.75

Fayetteville

$170,000

$1.00

$1.00

$1.00

a) Graph the total cost lines.

b) Over what range of annual volume is each facility going to have a competitive advantage?

c) What is the volume at the intersection of the Edwardsville and Fayetteville cost lines?

Problem 2 -

Room registrations in the Toronto Towers Plaza Hotel have been recorded for the last 9 years. To project future occupancy, management would like to determine the mathematical trend of guest registration. This estimate will help the hotel determine whether future expansion will be needed. Given the following time-series data, develop a regression equation relating registrations to time (e.g., a trend equation). Then forecast year 11 registrations. Room registrations are in the thousands:

Year 1: 17

Year 2: 16

Year 3: 16

Year 4: 21

Year 5: 20

Year 6: 20

Year 7: 23

Year 8:25

Year 9: 24

 

Reference no: EM131316478

Questions Cloud

Write sql queries for the books database : Write SQL queries for the books database (discussed in Section 18.3) that perform each of the following tasks: Select all authors from the Authors table with the columns in the order lastName, firstName and authorID.
Research pull and push inventory approaches : Research pull and push inventory approaches/techniques. Describe each approach and explain how it is different from the other. Discuss the advantages and disadvantages of each approach
Write python code and java code that can take whole sentence : Write a python code and java code that can take a whole sentence and do text analysis by checking the spelling mistakes and show the correct spelling.
What are the components for credit policy : Dis investment and shut down are important tasks ofthe finance manager, explain this statement.- What are the components for credit policy ,and what will be the different costs of granting credit?
What is the volume at the intersection of the edwardsville : Ching-Chang Kuo is considering opening a new foundry in Denton, Texas; Edwardsville, Illinois; or Fayetteville, Arkansas, to produce high quality rifle sights. What is the volume at the intersection of the Edwardsville and Fayetteville cost lines
How will this affect the us economy : President Trump starts a trade war against China, placing a 35% tariff on all goods made in China and sold in the USA. How will this affect the US economy in general and Soft drink industry in particular.
Rawlsian social welfare function : Which distribution is preferred by a Rawlsian Social Welfare Function? Assume that utility is defined as ui = mi and recall that Rawlsian Social Welfare function would be equal to the minimum utility experienced by any person under the allocation.
How we rely on autonomous robotics to assist human activity : How much should we rely on autonomous robotics to assist human activity? For this task, write a 2-3 page essay explaining your opinion on the implications of autonomous robotics use in our society.
How can drugs be prohibited in schools : What contributes to the presence of drugs and violence within schools?How can drugs be prohibited in schools?How can weapons be prohibited in schools?Does having police officers within schools prohibit drugs use on campus?

Reviews

Write a Review

Operation Management Questions & Answers

  Determining the average numbers

At the Children's Hospital in Seattle there are, on average, 35 births per week. Mother and child stay, on average, two days before they leave the hospital.

  Many companies establish and post a code of conduct

Many companies establish and post a code of conduct. With promises such as fair wages and benefits, no discrimination, freedom of association, the right to collectively baragain, do you think there is still a need for union representation

  What ethical philosophy the senior and junior senators

A first-term junior senator has placed a bill before the Senate that promises to correct tax inequities that affect thousands of workers. However, the bill is being held up in committee. Identify and tell what ethical philosophy the senior and junior..

  How does chegg organizational design relate

How does Chegg's Organizational design relate to its rise in competition from other textbook rental services?

  Means for organization to manage its human resources

Define what you think it means for an organization to manage its human resources. How does effective human resource management contribute to a company’s success? Support your response with information from the textbook or other peer reviewed or schol..

  Complimenting is the persuasive tactic

Make a list of at least 10 persuasive tactics – things you’ve used to try to persuade other people, or things other people have done to try to persuade you. For example if you go into a clothing store and try on a jacket and the sales person tells yo..

  Annual cost of goods sold divided by average inventory

Inventory turns are calculated by annual Cost of Goods Sold divided by Average Inventory. An online bookseller currently has an average of $10,000,000 in inventor and a turn of 4. It belives if it can do print on demand; it can reduce its inventory t..

  To gender communication studies

Artifact Paper (25%) Please submit this assignment by April 10 for full credit. This assignment will be accepted late with a point reduction penalty. Each day it is late will result in a 10% reduction. After 5 days, a maximum of 50% credit is availab..

  Describe how important are crash-safety rating to new car

Describe how important are crash-safety rating to new car buyers. Does the degree of importance depend on the circumstances of the buyer.

  Differences between knights of labor and industrial workers

Discuss the similarities and differences between the knights of Labor (KOL) and the industrial Workers of the (IWW).

  Why is it necessary to have such a cadre

How does an international assignment assist in developing a 'cadre' of international operators? Why is it necessary to have such a 'cadre'?

  Analyze trade-off between overtime costs and inventory costs

Respond to the following and include any Materials Requirement Planning (MRP) calculations: Develop an MRP for Space Age Furniture Company using the information in the case including the production of sub-assemblies in lot sizes of 1,000. The lot siz..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd