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Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl. Fay estimates monthly fixed costs for franchisees at $8,750. 1. Use the contribution margin ratio shortcut approach to find franchisees breakeven sales in dollars. 2. Is franchising a good idea for Fay if franchisees want a minimum monthly operating income of $3,500 and Fay believes most locations could generate $24,000 in monthly sales?
Suppose that the specifications for a part (in inches) are 6.00 ± 0.15, and that the taguchi loss function is estimated to be l(x) = 6,500(x-t)(squared). Determine the estimated lo
A (n) ____ gives the relative importance of each pair of operations or departments being located close together.
As the advisor to Keyes what offensive or defensive strategic options would you recommend for blockbuster as the company moves forward? In particular, how would you approach the te
in a -------------------employees are reward by given company stock or by being allow to purchase it at a price below market value/1.gain sharing plan/2.individual payoff/3.esop/4.
Consider the following linear program: Max 1A + 1B s.t. 5A + 3B ?15 3A + 5B ? 15 A, B ? 0 a. What is the optimal solution for this problem? b. Suppose that the objective function i
Identify an Internet site that has a very effective Query-by-Example (QBE) implementation for complex queries (multiple simultaneous attributes/fields) to efficiently navigate amon
Explain accounting. Accounting: It is an art of classifying and recording data. Now there data refers to transactions having monetary or financial values. As per to this, acc
If overachievement is acceptable, the appropriate di+ variable can be dropped from the objective function.
A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier
In selecting outside advisors, a board, consultants, and the like, what are the most important criteria?
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