solution

Questions:

1. What are all of the things we need to do to complete the charity run successfully?

2. Assuming that promotion would be one of the tasks on your list; create a WBS for it. You may use any WBS Design Format to illustrate your answer.

Context:

Imaginary Scenario Co., has decided to sponsor a community service effort aimed at aiding homeless people in your local community. As a part of this broader initiative, a fund-raising team has been chartered to stage a half marathon (~13.1 miles) run to raise funds to support a local shelter for homeless people.

Objective(s): To raise $25,000 for the shelter and to enhance the company’s public image.

 
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solution

  1. Animation as a movie genre has no major advantages for a studio.

    True

    False

  2. The cycle for marketing entertainment is condensed compared to that of other goods/services industries.

    True

    False

  3. Entertainment is a luxury not a necessity.

    True

    False

  4. There are four basic types of public broadcasting stations

    State, University, school, and community

    University, state, district, and community

    State, University, School, and Country

    None of the above are correct

  5. The funds needed to run a business are referred to as Financial capital.

    True

    False

  6. Large decisions are usually made by the leader or chief executive and can include questions related to acquisitions and mergers.

    True

    False

  7. The central part of a designated market area is the most densely populated portion of that market and is referred to as the metro area.

    True

    False

  8. 2 points

    QUESTION 44

 
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solution

Suppose the total sales are $98,826,750, the gross income is $102,550,250, the net income is $16,211,250, the COGS is $51,196,750, the total credit sales are $65,439,000, the average receivables are $4,037,000, the total assets are $12,361,000, and the average inventory is $4,585,000. Don’t overthink the values just given (they are randomly generated, so some may seem abnormally high or low compared to each other based on normal relationships). Answer the following questions. Do not round your intermediate calculations (or if you do, go to at least 5 decimals for them).

a.Compute the asset turnover ratio.Round your final answer to 3 decimal places (e.g., .14581 would be rounded to .146).

b.Compute the receivable turnover ratio.Round your final answer to 3 decimal places (e.g., .14581 would be rounded to .146).

c.Compute the inventory turnover ratio.Round your final answer to 3 decimal places (e.g., .14581 would be rounded to .146).

d.Compute the days of supply.Round your final answer to 3 decimal places (e.g., .14581 would be rounded to .146).

e.Compute the profit margin. Write your final answer as a percent and round it to 3 decimal places, but without the % sign; for example, 25.3706% would be answered as 25.371, not .25371 or 25.371%).

 
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solution

?Par, Inc., produces a standard golf bag and a deluxe golf bag on a weekly basis. Each golf bag requires time for cutting and dyeing and time for sewing and? finishing, as shown in the following? table:

Hours Required per Bag

Product

Cutting and Dyeing

Sewing and Finishing

Standard Bag

?1/2

1

Deluxe Bag

1

?2/3

The profits per bag and weekly hours available for cutting and dyeing and for sewing and finishing are as? follows:

Product

Profit per Unit? ($)

Standard Bag

$10

Deluxe Bag

$4

Activity

Weekly Hours Available

Cutting and Dyeing

300

Sewing and Finishing

420

Par? Inc., will sell whatever quantities it produces of these two products.

The aim of the objective function for Par? Inc., should be to

Maximize

the objective value.

The optimum solution? is:

Number of standard bags produced per week? =

 
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