Better Products, Inc., manufactures three products on two machines. In a typical week, 40 hours are available on each machine. The profit contribution and production time in hours per unit are as follows: Category Product 1 Product 2 Product 3 Profit/unit $30 $50 $20 Machine 1 time/unit 0.5 2.0 0.75 Machine 2 time/unit 1.0 1.0 […]
Delillo Wineries has been a small but successful high-end winery based in Napa Valley. They have been marketing primarily to restaurants and through wine clubs with retail sales accounting for only 10% of their total sales. They are thinking of launching a new set of products aimed at capturing a broader segment of the consumer […]
How do I fill this out? Directions Sometimes organizations do not have the skills or knowledge to manage a project, whether it is the whole project or parts of it. If an outside vendor or contractor is needed to help plan and/or run a project, a Request for Proposal (RFP) is created. The RFP outlines […]
determine the sales necessary to equal a dollar of savings on purchases for a company that has: a) A net profit of 8% and spends 70% of its revenue on purchases. In this situation, $1 savings in supply chain is equivalent to increasing the sales by sto realize the same profit (enter your response to […]
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