<em>If the marketing managers at Peyton Bike's Inc. decide to sell each bike at a price lower than $2,000 per unit</em><em>, a shortage of bikes will be created.</em>
<h3>Why are bikes in short supply?</h3>
As a result, additional problems like plant shutdowns and disruptions as well as the unheard-of increase in bike orders during the peak of the coronavirus pandemic have added to the supply chain difficulties. The sector has never before experienced such a massive increase in demand as it has over the past two years.
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The Scientific management in the modern era is management that analyzes and synthesizes workflows.
The role of Scientific management in the modern era is improving economic efficiency, especially in the labor productivity. It is a systematic approach to handle management problems. It implies scientific techniques in method of work, recruitment, selection and training of workers.
Scientific management in the modern era is helped in the enhanced production. The employees perform repetitive tasks and are therefore easily controlled by the management.
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Answer:
Debit: $300
Credit: $300
Explanation:
See attached picture for explanation.
Answer:
Let Lt = Loan in period t , t= 1...4
It = Investment in period t, t= 1...4
These are the decision variables
The objective is to maximize the net income which is the difference between Loan and investment in period 4
Investment income in period 4 = 110% of I4 = 1.1I4
Expense and loan in period 4 = 1.085 L4
So,
Maximize Z = 1.1I4-1.085 L4
Constraints
L1<= 3000
I1<= 4500
L1-I1= 100( Payroll payment)
L2<= 7000
I2<= 8000
L2+1.1I1-1.085L1-I2=120
L3<=4000
I3<= 6000
L3+1.12I2-1.085L2-I3=150
L4<=5000
I4<=7500
L4+1.13*I3-1.085L3-I4=100
1.10I4-1.085L4>=0
Lt, It>=0
Putting this in excel sheet,
See remaining part in pictures attached.
Explanation:
See pictures attached.
Answer:
A. $869
Explanation:
If it charges a price below of their full cos and mark-up it wouldn't be able to sustain it in the long-term
When company's receive a one-time-only then, they may be willing to charge a lower price to cover a portion of their fixed cost when there is spare capacity but, in long-term they will have to charge at full cost else, they will lose money
