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A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the increased workload, so the company is considering three alternatives, A (new location), B (subcontract), and C (expand existing facilities). Alternative A would involve substantial fixed costs but relatively low variable costs: fixed costs would be $250,000 per year, and variable costs would be $500 per boat. Subcontracting would involve a cost per boat of $2,500, and expansion would require an annual fixed cost of $50,000 and a variable cost of $1,000 per boat.
a. Find the range of output for each alternative that would yield the lowest total cost. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to the nearest whole number.)
A. _______ Or moreb. ________ to _______c.________ to _______
What are the characteristics of a flat world, a term used by Thomas Friedman to describe today's business environment? What challenges do they pose? How can you prepare to manage in a flat world?
Indicate the effect that the following will have on the operating cycle. Use the letter "I" for increase, "D" for decrease and "N" for no change.
How is crisis leadership different from leading under normal circumstance? If leaders wanted to fine-tune crisis leadership style, how would you suggest they practice without creating havoc to do so?
After some quality complaints, the organization has decided to increase its use of chemicals by 50percent. By illustrate what percent has multifactor productivity fallen. Explain how to put in place a beverage price control for hotel.
What actions can HR leaders take to ensure that the organization hires the right people and what might be some tools to accomplish this?
What is meant by the term criterion as it is used in personnel selection? Give some examples of criteria used jobs with which you are familiar.
Sales (X, in millions of dollars) are related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million and $50 million.
Sales of Hot-Blast heaters have grown steadily during the past five years, as shown in the following table, Using exponential smoothing constants of 0.35 and 0.65, develop forecasts for years 2 through 6.
A metropolitan school system consists of three districts-north, south, and central. The north district contains 25% of all students, the south district contains 4O%, and the central district contains 35%.
Create a SWOT analysis. Included in this report should be the company's official mission statement and how you feel the company is meeting its mission.
You manage a department of four employees. You have identified that Joe has a high need for achievement. Mary has a high need for power, and Tim has a high need for affiliation
Which of subsequent production plans is better: Plan A-chase demand by hiring also firing; or Plan B-make at a constant rate of 1200 also obtain remainder from overtime.
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