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Your company has a market share of 25%. The total market size is $100 million. Your contribution margin (the ratio of the contribution per unit over the price per unit) is 20%. Your variable cost is $16 per unit. You are thinking of hiring 10 more salespeople. The annual cost per salesperson (including salary and benefits) is $120,000. In addition, each salesperson receives as a bonus 10% of the sales he or she generates. How much should your market share increase to make this a profitable action? (Hint: To solve the problem you need to calculate the price per unit and then calculate the new contribution per unit that will reflect the added cost of the 10% bonus given to the salespeople.) You must show all calculations to receive credit
Imagine that you are the product manager for a new electric car similar to the Chevrolet Volt. Using all of your knowledge of the new product life cycle, speculate on the stages
XYZ coating company has reviewed four new processes for improving their coating line. The four processes, labeled A, B, C, and D use different technology and have different capacit
#question: mass customisation and rapid product development can be regarded as current trends in morden manufacturing operations. explain each of these and discuss the relationship
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Can I know what is group layout
Is it important to stress quality in a logistic system?
A quality characteristic has a manufacturing specification (in cm) of 0.200 ± 0.05. Historical data indicate that if the quality characteristic takes on values larger than 0.25 cm
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main principles of project management aiding the operations manager/manageress in introducing change to the process/system?
1. List the following 10 attributes in the order you consider them necessary for the role of operations manager: people skills; eye-for-detail; mathematical skill; strategic thinke
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