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A hardware store bought a gross (12 dozen) of hammers, paying $602.40 for the total order. The retailer estimated operating expenses for this product to be 35% of sales, and wanted a net profit of 5% of sales. The retailer expected no markdowns. What retail selling price should be set for each hammer? [Hint: The way to handle this problem is to say that the Gross Profit Margin has to cover the 35% of expenses applicable to the product plus the 5% of net profit wanted. And once you know the GPM%, you know the Cost percentage of the Selling Price. ]
Show work (calculations), no excel.
What is the cycle time? B) What is the theoretical minimum for the number of work stations that Rosenberg can achieve in this assmebly line?
Does adding debt increase or decrease the flexibility of a health care provider? Why? Identify two ways that a health care provider can strengthen its credit rating. What are some of the ramifications of these options?
Why is change documentation needed for a project? •Why can't the project manager just provide verbally directed changes? •What are the consequences to project control if changes are not handled in a formally documented process?
The Chapter Case states that P&G is pursuing a differentiation strategy. Looking at the value and cost drivers discussed in this chapter and the table entitled “Competitive Positioning and the Five Forces: Benefits and Risks of Cost-Leadership and Di..
Write an essay comparing the traditional management systems to the above two systems - in terms of differences in approaches, achieving efficiencies, cost savings, and firm profitability. Include in your essay the findings from different studies t..
Companies go international for different reasons. What are the four reactive (defensive) reasons to go international? Explain.
What experiences and qualifications are important in preparing managers for "fact-based" decision making and how are the skills needed for DSS obtained?
Describe the organizational structure of Xecodynamics. What are the advantages and disadvantages of the current organizational structure? If Xecodynamics remains a standalone company, what indicators will signal to the leadership team that a chang..
Submit a 1,000-1,250-word paper that identifies and examines various legal, ethical, and managerial elements as they apply to employee monitoring.
A company can decide how many additional labor hours to acquire for a given week. Subcontractor workers will only work a maximum of 20 hours a week. The company must produce at least 200 units of product A, 300 units of product B, and 400 units of pr..
Some cities have put restrictions or outright bans on the use of outdoor ads. Radio ads require repeated broadcasting in order to be effective; one time exposures don't work.
Compare the models and information found with Nonaka's Theory of Knowledge Creation. Consider ways knowledge creation works in an organizations. Describe how to transition the individuals and the organization as a rule using learning, knowledge, a..
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