Idle production capacity may be related to inven-tory or capacity management. How would thepricing component of the marketing mix reduceidle production capacity for (a) a car wash, (b) astage theater group, and (c) a university?
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Idle production capacity may be related to inven-
tory or capacity management. How would the
pricing component of the marketing mix reduce
idle production capacity for (a) a car wash, (b) a
stage theater group, and (c) a university?
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- Idle production capacity may be related to inventory or capacity management. How would thepricing component of the marketing mix reduceidle production capacity for (a) a car wash, (b) astage theater group, and (c) a university?Determine Fall's seasonal factor from the information below. Seasons Past Sales Spring 350 Summer 200 Fall 600 Winter 450 Total 1,600 Group of answer choices a. 0.8 b. 1.8 c. 2.5 d. 1.5 e. 2.0Hickory Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Year Forecast Demand 1 60 2 79 3 81 4 5 84 84 Currently the manufacturer has seven machines that operate on a two-shift (eight hours each) basis. Twenty days per year are available for scheduled maintenance of equipment with no process output. Assume there are 250 workdays in a year. Each manufactured good takes 25 minutes to produce. a. What is the effective capacity of the factory? b. Given the five-year forecast, how much extra capacity is needed each year? c. Does the firm need to buy more machines? If so, how many? When?
- PT ABC logistics have operating in city ABC for 3 months, where they have 10,000 orders daily on average In the next 3 months, they are are targetting a 3x growth On average, our last mile couriers can complete deliveries based on the distribution below: Delivery Distribution Parcels/day % 100 25% 100 40% 110 20% 120 10% 130 5% If our competitor's last mile cost is USD 100/parcel, what should our target last mile productivity be? (Assume city ABC minimum income is USD 6,000)Describe how flexibility in production systens relates to the forecast horizon and forecast accuracy ?Hickory Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Year 1 2 3 4 5 Forecast demand 62 84 86 90 90 Currently the manufacturer has seven machines that operate on a two-shift (eight hours each) basis. Thirty days per year are available for scheduled maintenance of equipment with no process output. Assume there are 250 workdays in a year. Each manufactured good takes 20 minutes to produce. What is the effective capacity of the factory? Round your answer down to the nearest whole number. units/year Given the five-year forecast, how much extra capacity is needed each year? Use a minus sign to enter an answer, if there is excess capacity. Round your answers to the nearest whole number. Year 1 2 3 4 5 Extra capacity needed (units) Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number.…
- 4. What is expected value and how could it be used in a Real Estate Company? Provide a rationale and example with your decision.Slick Pads is a company that manufactures laptop notebookcomputers. Th e company is considering adding its own line ofcomputer printers as well. It has considered the implicationsfrom the marketing and fi nancial perspectives and estimates fi xedcosts to be $500,000. Variable costs are estimated at $200 per unitproduced and sold.(a) If the company plans to off er the new printers at a priceof $350, how many printers does it have to sell to breakeven?(b) Describe the types of operations considerations thatthe company needs to consider before making the fi naldecision.Hahn Manufacturing purchases a key component of one ofits products from a local supplier. The current purchase priceis $1,500 per unit. Efforts to standardize parts succeededto the point that this same component can now be used infive different products. Annual component usage should in-crease from 150 to 750 units. Management wonders whetherit is time to make the component in-house rather than tocontinue buying it from the supplier. Fixed costs would in-crease by about $40,000 per year for the new equipment andtooling needed. The cost of raw materials and variable over-head would be about $1,100 per unit, and labor costs wouldbe $300 per unit produced.a. Should Hahn make rather than buy?b. What is the break-even quantity?c. What other considerations might be important?
- Solve the following LP using Simplex method Maximize Z = 70x + 140 y Profit in '00 Rs Subject to 30 x + 20 y < 360 10 x + 40 y< 100 х, у 2 0 Machine hours Raw material (kg) Non-negative You are required to find (a) Optimum product mix and max. profit. (b) Whether machine hours are fully utilized or not. If machine is made available for one more hour what is the effect on the profit? (c) If the optimal solution obtained does not require the production of some product, explain as to why such product would not be produced. In this context, indicate the quantity (quantities) of other products that would be foregone for producing such a product. (d) What would be the effect on the solution of each of the following: i. Obtaining an order for 2 units of product B, which must be met. ii. An increase of 10 per cent capacity in the Raw material.Please help me with this question please note it's one question and not mu a .According to above extract, how will local retail businesses compete with Wal-mart? b . Examine markets and local environment factors as a criteria for selecting a warehouse location and argue the problems local retailers could face as a result of Wal-Mart’s move into South Africa. C. Examine supply chains and regional competitiveness and assess the competitiveness of Walmart in South Africa.Demand of Hairdryer from January to July Month Demand January 2800 February 2870 March 2968 April 3000 May 3100 Jun 3150 July 3400 a). Calculate forecast future demand for May, June, July and August by using 3 months simple moving average. b) Determine TWO (2) consequences if the company produce supply more than the customer demand. c) In your opinion, provide ONE (1) perspective you will look into supplier before made a decision to select a supplier.