1. Explain the short-term and long-term challenges that arise in regular business settings
Q: Mop and Broom Manufacturing is evaluating whetherto produce a new type of mop. Th e company is…
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Q: 9. Which investment is the most engaging, if the cost of money is 9%? a. Investment C b. Investment…
A: Cost of money: Cost of money refers to the rate of interest or dividend payment. It is a type of…
Q: it produces $40 worth of product A. Suppose also that each of the three techniques shown in the…
A: Resource Units Required Resource Price per Unit of Resource Technique 1…
Q: Manufacturing firms should use demand leading instead of demand trailing capacity strategy. Discuss.
A: Demand leading Demand leading often called lead time demand or the lead demand is nothing but the…
Q: An urgent care clinic is staffed by two physicians who can each see four patients per hour. The…
A: a.
Q: What elements are included in a strategic level capacity plan? Please list 6 items and explain…
A: Below is the solution:-
Q: How important is strategic capacity planning for products and services? Defend your answer
A: Capacity refers to a system's ability to produce products or provide services over a given time…
Q: Hill’s operations manager (see Problems 13.3 through13.5) is also considering two mixed strategies…
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Q: 7. Lanark Farms sells fresh strawberries, growing the fruit both in open fields and within long…
A: Multi-factor productivity often called (MFP) is nothing but the measurement of economic performance…
Q: A firm’s operational ability (capacity) is very important. Therefore, capacity has been defined…
A: Answer: a) Three categories of capacity are: Design Capacity This is ideal capacity that operations…
Q: A firm’s operational ability (capacity) is very important. Therefore, capacity has been defined…
A: Ans A: The three categories in which the capacity has been divided are as follows. Design capacity…
Q: Out of the following factors that are affecting Capacity Planning, which one is Less Controllable…
A: Capacity planning is the process of planning the required production output based on the requirement…
Q: You have been asked to estimate the cost of 100 prefabricated structures to be sold to a local…
A: Production costs mirror all of the costs associated with a company conducting its business while…
Q: Explain and expand these importance of capacity planning. 1. Capacity decisions often involve…
A: Capacity Planning is defined as a process of meeting the changing trends of demand of acompany's…
Q: Describe the factors often overlooked in the financial justification of new technology.
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: List several functions of a production manager ?
A: AS PER GUIDELINES, WE ARE ALLOWED TO DO ONE QUESTION ONLY AT A TIME. PLEASE POST THE REST QUESTIONS…
Q: Service operations often face more difficulty in planning than their manufacturing…
A: The problem in development operations for a service organization is frequently obscure of interest.…
Q: Using the data in "Sroufe Manufacturing intends to increase capacityby overcoming a bottleneck…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(a, b,…
Q: A local fast-food restaurant processes several customer orders at once. Service clerks cross paths,…
A: The restaurant industry is highly competitive. Unless you have a star chef or a novel cuisine,…
Q: How a systems-based approach to capacity planning advantageous in operations?
A: Frameworks based methodology uses a normalized set of the board steps that are sequential and might…
Q: Southeast Soda Pop, Inc., has a new fruit drink forwhich it has high hopes. John Mitten thai, the…
A: A Small Introduction about Inventory A stock is the supply of things utilized in an association. A…
Q: How can a systems approach to capacity planning be useful? How do capacity decisions influence…
A: The systems approach is an essential concept to understand the complexity of capacity planning. It…
Q: operations
A: Talking about the system based approach then, this approach will help the management to take…
Q: Your friends and you have decided to open a large restaurant in Ranchi. You plan to offer a complete…
A: A business required three common elements to conduct business operations i.e., finance, resources…
Q: Develop aggregate plans, calculate associated costs, and evaluate the plan in terms of operations,…
A: Small Introduction of Planning The process of thinking about the tasks necessary to attain the…
Q: The objective of __________ is to provide anapproach for determining the overall capacity level…
A: Capacity can be defined as the number of available resources with respect to the output over a given…
Q: Explain and expand these importance of capacity planning. 1. Capacity decisions have a real…
A: Capacity is the capability to produce the desired output per unit time by any organization. Capacity…
Q: a) What is your break-even point in dollars per month? b) What is the expected number of meals each…
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Q: Your friends and you have decided to open a large restaurant in Ranchi. You plan to offer a complete…
A: Technical complexities are nothing but the difficulties or risks related to the specific corporate…
Q: You are the operations manager for Louisiana Oysters, Inc. The company has designed new "Oyster…
A: Breakeven crossover identify the range of units each of the model required to deliver more profit.…
Q: Explain capacity planning and it's analysis how it recats with parrallel processes
A: The capacity analysis involves the study of simulating an infrastructure's, facility's, process',…
Q: Describe three strategies for expanding capacity. What arethe advantages and disadvantages of…
A: Strategy to expand the capacity - Capacity needs to be understood in terms of the investments made…
Q: The integral objective of capacity planning is to achieve a match between the long-term supply…
A: Capacity planning is defined as the process of matching an organization's capabilities to the…
Q: How can a systems approach to capacity planning be useful?
A: Capacity planning is the planning of a firm to know the production capacity needed to satisfy the…
Q: Analyze the below scenario and answer the following. Use headings and bullet points to explain.…
A: Determining requirement: Before starting the process it is very important to identify or determine…
Q: Capacity Planning Capacity decisions are crucial decisions that Operations Managers have to make. In…
A: Capacity Planning - Capacity planning is a process that balances the available hours of teams…
Q: How does Goldratt’s Theory of Constraints (TOC) differ from other current approaches to continuous…
A: Note:-We are authorized to answer one question at a time, since you have not mentioned which…
Q: sales commissions would not be paid on the order, a loss would still result. Required: a. Determine…
A: The answer is as below:
Q: Capacity decisions should be made on the basis of:a) building sustained competitive advantage.b)…
A: A Small Introduction about Capacity Decision Capacity planning is a long-term decision that…
Q: 1. Discuss each of the following objectives listed and the relationship each has withjob shop…
A: As per guidelines we will provide answer of one question at a time. Please provide each question at…
1. Explain the short-term and long-term challenges that arise in regular business settings
2. Explain the interdependence among the 4Ps (Price, Product, Place, Promotion) and its relation with cost
3. What should the company do related to their positioning and the company's business model for competitive advantage
4. What are the issues related to capacity building for scale advantage and its short falls
5. if you are the founder, how you see the the company's excess capacity and how to utilize it throughout the year
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- 2a. An analysis of Revere Beach Corporation's operating income changes between 2021 and 2022 show the following: Operating income for 2021 $4,750,000 Add growth component 180,000 Deduct price-recovery component (60,000) Add productivity component 285,000 Operating income for 2022 $5,155,000 Required: Is Revere's operating income gain consistent with the product differentiation or cost leadership strategy? Explain briefly. 2b. An analysis of Terbolt Corporation's operating income changes between 2021 and 2022 show the following: Operating income for 2021 $4,750,000 Add growth component 75,000 Add price-recovery component 398,000 Deduct productivity component (50,000) Operating income for 2022…Inghams’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered tocustomers by a fleet of drivers. The senior management team has identified the strategic priorities forthe business as on-time delivery and product quality.Required:a) For each of the strategic priorities, suggest three performance measures. b) If the company is successful in achieving challenging targets for these performance measures, willit also necessarily achieve high profitability? Explain your answer.1.Why is sustainability an important component in a firm's strategy development. 2. What production strategy would you say best describes the construction of the akosombo dam. 3. Identify the production process likely to be used By a paper mill and justify your answer. 4. Explain why capacity is a major operational issue with service organizations.
- Say, you have newly appointed as an operation manager in a startup Manufacture Company. What will be your necessary steps for capacity planning of this new manufacture company? Steps for Capacity Planning 1.Estimate future capacity requirements 2.Evaluate existing capacity 3.Identify alternatives 4.Conduct financial analysis 5.Assess key qualitative issues 6.Select one alternative 7.Implement alternative chosen 8.Monitor results Please explain all steps...Eco Hub is an ecopreneur business idea that will soon produce and sell eco-friendly bags, T-shirts and other accessories. This is owned by Ella and Connie, who are environmental advocates. They only have Php 250,000 starting capital. They need your suggestions and brilliant business ideas in terms of how the 4Ms will be put into play. 1. What appropriate methods in manufacturing and selling would you suggest for them? 2. How many manpower should they hire? Specify their qualifications and their job position. 3. What machine/s should they acquire for the business? Why is/are it/they needed? 4. What materials would you suggest for them? Who would be the possible supplier?2. Four business units A, B, C and D of a firm X have been characterized as follows, after carrying out Business Portfolio Analysis: Business unit A C D Category Dog Cash Cow Star Question Mark Answer the following questions with respect to the above analysis: a) Plot the above-mentioned business units on BCG matrix. What are the recommended strategies for business units 'A' and 'B' as per the Business Portfolio Analysis? b) A competitor firm Y is keen to acquire firm X's business unit 'C' and is willing to pay an attractive amount for this purpose. Should firm X accept this offer? What are the pros and cons to firm X for selling business unit C to competitor firm Y?
- Please answer the correct answer: 3. Which of the following strategies could be used when demand exceeds the capacity. - [ ] Stimulate the market through price reductions or aggressive marketing - [ ] Product changes. - [ ] decreasing prices of products - [ ] Discouraging marginally profitable business 4. Capacity decision determines which of the following? a. whether demand will be satisfied or whether facilities will be three-time horizons B. Capital requirements c. large portion of fixed costs. d. All of the aboveBrief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-13 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1and P2 using the step method with S1 going first?Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-12 What is the total cost in P1 and P2 after allocation using the direct method?
- b) Suppose a monopolistically competitive firm operates in a long run which produces 40 units of output at 120 taka per-unit cost (average total cost). Also MC of producing 40 unit output is 60 taka. By using this information, show the long run situation of a monopolisticallycompetitive firm in an appropriate diagram. c) Calculate excess capacity if socially efficient output is 100 units. Show it in graph too. [Note: b) and c) are related questions and draw separate graphs for each question]. Show all step. Answer must be correct.Create a Context Diagram for the three Solutions 3 Problems seen in the situation of the Company: 1. It does not earn too much but it makes sales enough for maintenance, salaries, income, and savings. 2. Company B makes use of a traditional inventory wherein they manually count their stocks and money. 3. They only have one supplier for liquors. For other supplies which are accessible, they usually buy from the wet market nearby. Proposed Solutions: Solution for no. 1- Digital marketing Solution for no. 2 – Perpetual Inventory System Solution for no. 3 – Supplier Quality Management System -2/3 100% BUS 325 NAME: DATE MANAGEMENT APPLICATIONS &THEORY 5. Young, innovative, or high-tech firms often adopt the strategy of ignoring history or attempting to do something radically new. In what ways might this strategy help them? In what ways might this strategy hinder them? pdt 27°F DELL Insert 8.