Define the term resources 2. Create a hypothetical business that you would like to have and describe how you will combine all four resources to create your product
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1. Define the term resources
2. Create a hypothetical business that you would like to have and describe how you will combine all four resources to create your product
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- A manufacturing company has the following financial information (in millions of $)Sales $562Cost of goods soldDirect labor 43Purchased materials 267Overhead 35All other costs 142Pretax earnings 75a. What is the profit leverage effect of purchasing in this company?b. What is the percent increase in earnings from a 5 percent savings in purchasing?Borsberry Medical has a gross income of $7million for the year. Depreciation and operating expenses total $5 million. The combined state and local tax rate is 7.6%. (a) Use an effective federal rate of 34% to estimate the income taxes. (b) Borsberry’s president hopes to have a total of $2 million left after taxes. What reduction in OE is necessary to realize this goal if the effective tax rate and depreciation are constant? please show all formulas! Thank you!1. What are the elements that you will consider while conducting STEEP analysis for a pharmaceutical company?
- Determine whether the following items are objectives in the following areas: Financial, Internal Process, Customer, or Learning and Growth Number of tax associates who undertook the webinar on the TRAIN Law Updates organized by the employer *a. Financialb. Internal Processc. Customerd. Learning and GrowthLet’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You need to create a proposal to give to the school on ways to improve the wellness center. What equipment is necessary to add to the wellness center? (AED, CPR certification for all employees?) What else would you want to add to the wellness center? How much would they cost? Please list out the costs ( ex: 3 treadmills: $ 3000/treadmill = $9000, Fresh towels: 25 towels at $3/each = $75) Use your imagination here. What would make the wellness center inviting? New Tvs? Towels? Better equipment? Music system? Outdoor classes that need equipment? You have to use the space you have but be creative! You have $25,000 ! Spend it! You will need to search for this information online. Please be sure to include references from where you found your costs. New Proposed Equipment: Item…5) Implementation of planned decisions and evaluating performance is classified as: a. Evaluation b. Decision making c. Controlling d. Performing
- Explain what is the method of optimization in the controlling process ?PROBLEM-3) The Sales&Operations (S&OP) process is designed to produce a plan that all departmentswithin the organization, as well as suppliers to the organization, can work. The process is also sometimes referred toas sales, inventory, and operations planning (SIOP) to emphasize the important role that inventory can play as abuffer between sales planning and operations planning. The S&OP department of the XYZ company, that producesKLM products, estimates the sales over the next six years in thousands of packages will be as follows: Assume that each worker stays on the job for at least one year and XYZ currently has eight workers. XYZ estimatesthat they will have 600000 packages on hand at the end of the current year. Assume that, on average, eachworker is paid TL 60000 per year and is responsible for producing 80000 packages. Inventory costs have beenestimated to be 20 KRS per package per year, and shortages are not allowed. XYZ estimates that it costs TL 2500for each…Please provide me the brief analysis of this - Sheri has been employed as a limo driver in the past but is currently working as a Lyft and DoorDash driver. In discussion with Keon, she grew excited and mentioned she would love to work with him. Since one of the current drivers is retiring, Keon believes he can hire her on a part-time basis for $20,000 a year. Based on current numbers (with no driver on salary), this would be a 8% reduction in operating cost for one limo. However, Keon wants more advice on hiring Sheri on salary versus paying her hourly. Sheri is also quite talented with marketing and using social media. Keon believes she can have the same impact as spending $1,000 a month for advertising. Keon is wondering if he should offer her a business partnership deal. He would give her 40% of the business if she invested $30,000 and worked full-time as a driver/marketer. Keon wants a detailed analysis on this business partnership idea, including general pros and cons of running a…
- When we put together a contingency table, we need to think about the calculations and analyses that we wish to perform using the data from the table. 1. tell us a bit more about the type of analyses that could be useful from an operational or marketing perspective? Pick one. 2. Create a contingency table to show the actual probabilities calculations..3-2) The optimal quantity of the three products and resulting revenue for Taco Loco is: A) 28 beef, 80 cheese, and 39.27 beans for $147.27. B) 10.22 beef, 5.33 cheese, and 28.73 beans for $147.27. C) 1.45 Z, 8.36 Y, and 0 Z for $129.09. D) 14 Z, 13 Y, and 17 X for $9.81. 3-3) Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in values for beef inventory that would not affect the optimal product mix? A) 26 to 38.22 pounds B) 27.55 to 28.45 pounds C) 17.78 to 30 pounds D) 12.22 to 28 pounds33 The business function is defined as "planning, organization, execution, coordination and control activities in order to bring together the materials, machinery and human resources in the hands of the enterprise in a way that will ensure that a certain amount of goods or services are produced at the desired quality, at the desired time and at the lowest possible cost". which one? a) Production B) Financing NS) Human Resources D) Marketing TO) management