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You own a workshop that produces custom handmade frames for diplomas. You are negotiating a contract with Loyola to sell the frames at the bookstore. Loyola decided to offer a trial contract where they will stock 20 frames at the bookstore. You estimate that the material costs for each frame is $15.00. You also estimate that it takes your employee 14 labor hours to produce the first frame. You pay your employee $25 per hour. What is the lowest total bid you should submit if you charge a 11.3% markup, if you do not account for learning curve?You own a workshop that produces custom handmade frames for diplomas. You are negotiating a contract with Loyola to sell the frames at the bookstore. Loyola decided to offer a trial contract where they will stock 20 frames at the bookstore. You estimate that the material costs for each frame is $15. You also estimate that it takes your employee 14 labor hours to produce the first frame. You pay your employee $25 per hour. Based on your observations, you noticed that your employee is on an 85% learning curve. What is the lowest total bid you should submit if you charge a 11.3% markup, if you account for learning curve?
Lou's Bakery has established that JIT should be used for chocolate chips due to the high probability of the kitchen heat melting the chips. The average demand is 130 cups of chocolate chips per week. What is the maximum authorized router inventory? H..
Your individual attitudes toward MONEY shape your personal Consumer Behavior.
Think about a leader you know. This can be a supervisor at work, a coach, or a professor.Give examples of how this person uses the potential sources of power to influence others. Be certain to explain which sources of power they use and how they empl..
What are the principal risks associated with using such a matrix and what do you recommend to avoid, mitigate, or transfer each principal risk that you identify
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Many organizations face remaining in a transactional purchasing environment for one reason or another. What advantages are presented with a transactional relationship with suppliers
What business forms are available to this business for acquiring sophisticated computer technology?
Analyze the two alternatives of moving and not moving operations to Mexico. Write a report of your analysis. Your report should focus on.
Which of the following statements with regards to materiality in the field of independent auditing is correct? PCAOB auditing standards establish specific quantitative guidelines for determining the materiality of a discovered financial statement def..
The board of a company decides that the strategic objectives of the company should be to be the largest in its market.
If a valid contract was formed, does Maynard have any arguments to have his money refunded?
What do you think about a PA handling some routine matters through IM?
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