Calculate the market potential for golf carts

Assignment Help Operation Management
Reference no: EM131275346

Calculate the market potential for golf carts in the USA:

17,000 golf courses 95% of them use golf carts

They tend to repurchase new golf carts every 3 years

They have an average of 100 carts per course

At a cost of $2,500 per cart.

Reference no: EM131275346

Questions Cloud

Describe product-service of specific low-labor-cost country : Outsourcing, especially to low labor-cost countries, has grown substantially. Be sure to address the following in your paper: Analyze the trade-offs between inputs for the productivity improvements. Analyze the advantages and disadvantages of global ..
Price war with the branded cereal manufacturers : Explain how the private label cereal manufacturers have been able to lower their cost structure relative to the branded cereal manufacturers. Will the private label cereal makers be able to withstand a price war with the branded cereal manufacturers?
Teratogens are agents in the prenatal environment : Teratogens are agents in the prenatal environment that can harm an embryo or fetus. Examples include a pregnant woman abusing drugs or inhaling second hand smoke. Do you know of any situations where teratogens were suspected in affecting a pregnancy ..
Why diversity is important to organization success : Investigate two to three (2-3) reasons why diversity is important to an organization’s success. Speculate on the major potential ramifications to an organization if said organization does not practice diversity management. Give at least two (2) examp..
Calculate the market potential for golf carts : Calculate the market potential for golf carts in the USA:
Some of the physical and emotional ramifications of stress : Do you feel that there is more stress in your life than there was a few years ago? Why? How do you react to this additional stress? What are some of the physical and emotional ramifications of stress?
Apply the resource-based view : Identify Johnson & Johnson core competencies and assess which ones are rare, costly, or not easily imitated. Apply the Resource-Based View (RBV) to help identify both the tangible and intangible assets the organization may be able to use to accomplis..
Linear programming model-what is the contribution profit : Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the stores leading products use the Romans Food Market name: Romans Regular Coffee and Romans DeCaf Coffee. Formulate a linear progr..
Approach risk management in a realistic way : "The problem with risk analysis is that it is possible to imagine virtually anything going wrong on a project. Where do you draw the line; in other words, how far do you take risk analysis before it becomes overkill?" How would you respond to this ob..

Reviews

Write a Review

Operation Management Questions & Answers

  What is the standard deviation of demand during lead time

What is the standard deviation of the demand during lead time? (recall from statistics that standard deviation is equal to the square root of variance and also that there are only rules for variances).

  Examines the quality theory''s major concepts

Complete the Theory Matrix, which examines the quality theory's major concepts, the process of the theory, process-driven and customer-driven quality requirements and an example of a company that has applied that particular theory.

  What would the reliability of the appliance

an electrical appliance will not work unless component Qk does. Component Qk's reliability is 0.93. every other part of the appliance is 100% reliable. what would the reliability of the appliance be if a back up Qk were added?

  Compute mape for managements technique

Sales of vegetable dehydrators at Bud Banis' discount department store in St. Louis over the past year are shown below. Management prepared a forecast using a combination of exponential smoothing and its collective judgment for the upcoming four m..

  Different types of evidence are discussed

In this chapter, different types of evidence are discussed. If outside evidence is more reliable than evidence from the company, should the auditor plan to obtain only outside evidence to get the most reliable results? Why or why not

  What is the maximum inventory level

How many should be produced in each production run based on 250 working days per year?

  Audits are commonly associated with the financial

Audits are commonly associated with the financial and accounting records of the business. Using the publicly available financial statements of the corporation you

  Convert the payoff matrix to utility values

Suppose that the utility function for the owner of Morely Properties can be approximated by the exponential utility function U(X) = 1 - e^(-x/R) where the risk tolerance value R=100 (in $1,000s).

  Illustrate what is virtual network approach to structure

Illustrate what is virtual network approach to structure. Is use of authority also responsibility different compared with o r forms of departmentalization.

  Core employees are performing the same job

Discuss some of the problems that companies are likely to face when both contingent workers and core employees work in the same location. Does it matter whether contingent workers and core employees are performing the same job?

  Employee as well as what is good for the employer

Imagine you are talking to a manufacturer of pleasure boats located on Whidbey Island that has nine employees. How would you respond to the question, "Do you believe benefit packages should be selected on the basis of what is good for the employee as..

  Explain what happens after running mrp

Explain what happens after running MRP. From a system/process perspective, what is still required in order to produce finished goods?

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!

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