The following data for 2021 are available for Canlubang Automotive Company which manufactures and sells a single automotive product line. Unit selling price = 4 Unit variable cost = 20 Total fixed cost = 200,000 a.) What is the break-even point in units for the current year? b.) Prepare a break-even chart for the operation in 2021 intervals of 5,000 units from 5,000 to 30,000 units (show complete solution)
Q: The owner of a large machine ship has just finished its financial analysis from the prior fiscal…
A: Net Revenue(N) = $500,000 Cost of goods sold(COGS) = $328,250 Value of product material on hand(M)=…
Q: The publisher, Mark Twain Press, feels it has problems. The CEO, Charles Dickens, has instigated an…
A: Given data Fixed costs of a Voyage to Arcturus is $380000 Variable costs per book of a Voyage to…
Q: How do you boost a warehouse's output when using a WMS, include at least five points?Provide…
A: A productive distribution center is basic for consumer loyalty since it guarantees speedy, exact…
Q: Give an example of a good and a service that exhibit these seasonal demand patterns: a. Monthly
A: an example of a good and a service with seasonal demand patterns:
Q: snip
A: In the magazine titled "The Top 100 Undergraduate Business Programs" was mentioned that the staff…
Q: all plant, medium or large plant. The best selection of plant size depends on how the marketplace…
A: Given data Plant size low medium high small 225 280 300 medium 120 280 370 large 75 280 750…
Q: Analyze and solve various productivity measures to recommend effective improvement measure.…
A: The primary goal of every business, whether it's a manufacturer of things or a provider of services,…
Q: Gator Beach Marts, a chain of convenience grocery stores in the Fort Lauderdale area, has store…
A: The high—low method uses two data points and cost at these data points to analyse the cost data.
Q: rom the perspective of customer service. Which do you believe will provide the best level of…
A: The practice of assisting and advocating for consumers as they get familiar with, use, optimize, and…
Q: . Give an example of a good and a service that exhibit these seasonal demand patterns:a. Annual
A: Forecasting is used to predict future changes or demand patterns. It involves different approaches…
Q: CEO John Spychalski is concerned about a problem that has existed at CBN railroad for almost 20…
A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
Q: hat are the four different approaches that firms may use to implementing a system conversion?
A: There really are numerous approaches to physiologically transforming a previous system to the new or…
Q: An online coaching program has been developed for patients with borderline hypertension. A total of…
A: Given data: Start up cost for coaching program = $2000 Part time nurse salary = $15,000 +20% fringe…
Q: Zara is a chain of fashion stores owned by Inditex, Spain's largest apparel manufacturer and…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: Eastman Publishing Company is considering publishing an electronic textbook on spreadsheet…
A: a) Calculation of Profit and Loss for Demand Statement of Profit and Loss for Demand of 3500…
Q: Operations
A: I will give them a soccer pitch, but at a higher price than normal rates. As all the staff members…
Q: Give an example of a good and a service that exhibit these seasonal demand patterns: Annual Monthly…
A: Let us first understand some terms related to the demand for a product. Demand for a good is said to…
Q: What are the five types of customer-induced variability that impact service operations, according to…
A: Consumers are frequently involved in the service delivery process. Businesses must take proactive…
Q: A seed company has a design capacity of 80 Metric Tonnes (MT) per day. Its effective capacity,…
A: Given Information: Design Capacity = 80 MT per day Effective Capacity = 64 MT per day Actual Output…
Q: A contractor of a fast food giant to deliver the expected output of an inventory system upgrade.…
A: According to the question, A contractor of a fast-food giant to deliver the expected output of an…
Q: Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding…
A:
Q: The services offered by a parcel service are: -Branch to branch shipping. -Home delivery service.…
A: Branch transfer is the moving of items from one unit/location to another within the same business…
Q: Samantha’s Group of Companies is deciding if it should design an advertising system for use on its…
A: Find the Given details below: Given details: Decision Good Condition Bad Condition Option 1:…
Q: Given received and delivered mailing, is transported from regional offices to the central office,…
A: The Center of Gravity Method is a method that aims to compute geographic coordinates for a possible…
Q: Wind Tunnel Testing – Carbon Bike Frames As an equipment provider for several Olympic cyclists,…
A: Given Information: Total fitting procedures per day = 7 Customers coming for refit = 2 out of 5 Time…
Q: . Give an example of a good and a service that exhibit these seasonal demand patterns:d. Daily
A: Daily demand patterns refer to the variation in customer footfall that is measured on a daily basis…
Q: For a service organization, Value Chain Analysis includes an analysis of value added: a. Before…
A: A value chain is a series of operations carried out by a company to generate value for its…
Q: Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet…
A: From the given data: Fixed cost $150000 Variable cost 7 Price 49 Demand 3400 (a)…
Q: Enumerate the cause and effect of 4 M’s of Operations in a business venture using the fishbone…
A: Below is the solution:-
Q: A company offers ID theft protection using leads obtained from client banks. Three employees work 40…
A: The multi-factor productivity can be determined using following formula: Mutlifactor productivity =…
Q: Samantha’s Group of Companies is deciding if it should design an advertising system for use on its…
A: Find the Given details below: Given details: Decision Good Condition Bad Condition Option 1:…
Q: An online coaching program has been developed for patients with borderline hypertension. A total of…
A: Given data : Probability constant for the next 4 years = 3% discount rate on the medication To…
Q: Explain what is meant by adaptive smoothing in operations
A: In procurement, adaptive smoothing includes the removal of waste and indeed the provision of…
Q: A mechanical contractor pays his workers $32 per hour. How does that contractor justify billing his…
A: Since you have posted multiple questions, we will solve the first question for you. If you want the…
Q: Southland Corporation’s decision to produce a new line of recreational products resulted in the need…
A: Find the Given details below: Given details: Long run Demand Plant size Low Medium High…
Q: Explain the service process matrix, why is it useful?
A: The service matrix is a classification of characteristics of the individual’s firm service…
Q: Wind Tunnel Testing – Carbon Bike Frames As an equipment provider for several Olympic cyclists,…
A: Please find the attached answer in step 2
Q: our company operates a fleet of light trucks that are used to provide contract delivery services. As…
A:
Q: The Rosemarie Cosmetic company has a warehouse of 20 high pallet racks serviced by counter-balanced…
A: In a warehouse climate, material handling is usually characterized as the "development, insurance,…
Q: Manufacturing Company uses FIFO method of accumulating costs in a two-department process. Materials…
A: Required 6 Cost of units transferred to finished goods : 301,279 7 The cost of spoilage charged to…
Q: Create a business scenario/description. 2) Based on the business description created, construct an…
A: Order processing is a workflow process that takes place after the customer places the order. The…
Q: a. Determine the break-even point for each range. h. If estimated demand is 90 to 120 customers per…
A: The breakeven point is the level of production where the costs of production are equal to the…
Q: years a replacement machine will cost $4,000,000. Pilot will need to purchase this machine…
A: Net costs are $536,563. Hence, it is recommended to replace after 5 years since the cost is low.
Q: Wind Tunnel Testing – Carbon Bike Frames As an equipment provider for several Olympic cyclists,…
A:
Q: Simple regression results from the data of Adriana Corporation are as follows: Equation: Overhead =…
A: Given Information: Regression equation: Overhead = 206469 + 45.83*Machine Hours
Q: A 5-year old machine, whose current market value is Php 250,000.00 is being analyzed to determine…
A: Find the given details below: Given details: Years of remaining life n Estimated salvage value…
The following data for 2021 are available for Canlubang Automotive
Company which manufactures and sells a single automotive product line.
Unit selling price = 4
Unit variable cost = 20
Total fixed cost = 200,000
a.) What is the break-even point in units for the current year?
b.) Prepare a break-even chart for the operation in 2021 intervals of 5,000 units from 5,000
to 30,000 units (show complete solution)
Learn your way
Includes step-by-step video
Step by step
Solved in 2 steps with 3 images
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $0.5 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR QUANTITY (UNITS) QUARTER THIS YEAR QUANTITY (UNITS) 1 12 1 16 2 18 2 24 3 26 3 28 4 16 4 18 Find a line using regression in Excel. Note: Round your answers to 3 decimal places. Find the trend and seasonal indexes. Note: Round your answers to 3 decimal places. Forecast sales for next year. Note: Round your answers to 2 decimal places.Zeus Computer Chips, Inc., used to have major contracts to produce the Centrino-type chips. The market has been declining during the past three years because of the dual-core chips, which it cannot produce, so Zeus has the unpleasant task of forecasting next year. The task is unpleasant because the firm has not been able to find replacement chips for its production lines. Here is demand over the past 12 quarters: LAST THIS YEAR TWO YEARS AGO UNITS YEAR UNITS UNITS 4,785 3,495 2,696 3,475 3,210 2,078 2,705 1,695 I I I II 3,475 4,195 II II III III III IV 2,995 IV 2,375 IV Use the decomposition technique to forecast demand for the next four quarters. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Period Forecast (Units I II III IV
- Exercise 1: You are the operations manager at the company Servicios de Salud, Inc., which provides care services to the elderly. An important aspect of your job is ensuring that nursing homes have a healthy inventory of nutritional drinks for residents. Below is the historical demand for the product for one year: Month Historical demand (boxes) Forecasted demand (boxes) January 300 February 340 March 370 April 410 ¿? May 470 ¿? June 570 ¿? July 630 ¿? August 720 ¿? September 640 ¿? October 460 ¿? November 420 ¿? December 390 ¿? a. Calculate the average demand for each period from April to December using the 3-month simple moving average. Presents calculations and findings in a clear and organized manner. b. Discuss any trends or patterns observed in the calculated moving average demand values. c. Make an interpretation of the results and their implications for forecasting…Zeus Computer Chips, Inc., used to have major contracts to produce the Centrino-type chips. The market has been declining during the past three years because of the dual-core chips, which it cannot produce, so Zeus has the unpleasant task of forecasting next year. The task is unpleasant because the firm has not been able to find replacement chips for its production lines. Here is demand over the past 12 quarters: TWO LAST THIS YEARS AGO UNITS YEAR UNITS YEAR UNITS 4,805 3,505 4,305 3,005 3,505 2,705 3,490 2,405 3,195 2,105 2,705 1,705 II II II II IV IV IV Use the decomposition technique to forecast demand for the next four quarters. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Period Forecast (Units) II II IV · = = >Zeus Computer Chips, Inc., used to have major contracts to produce the Centrino-type chips. The market has been declining during the past three years because of the dual-core chips, which it cannot produce, so Zeus has the unpleasant task of forecasting next year. The task is unpleasant because the firm has not been able to find replacement chips for its production lines. Here is demand over the past 12 quarters: TWO YEARS AGO UNITS 4,815 3.515 4,315 3,015 I || III IV || III IV Period I LAST YEAR I III IV UNITS Forecast (Units) 3,510 2,715 3,515 2,415 THIS YEAR I || III IV Use the decomposition technique to forecast demand for the next four quarters. (Do not round intermediate calculations. Round your answers to 2 decimal places.) UNITS 3,215 2,116 2,695 1,695