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SOVA2 [1]
2 years ago
14

Coach Bjourn Toulouse led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the

Big Red Herrings to winning form. Because of the current state of the​ program, Boehring University fans are unlikely to support increases in the​ $192 season ticket price. Improved recruitment will increase overhead costs to ​$31,000 per class section from the current ​$27,000 per class section. The​ university's budget plan is to cover recruitment costs by increasing the average class size to 85 students. Labor costs will increase to ​$7,200 per 3​-credit course. Material costs will be about ​$35 per student for each 3​-credit course. Tuition will be ​$200 per semester​ credit, which is supplemented by state support of ​$80 per semester credit.What is the multifactor productivity ratio? Compared to the result obtained in Problem 1, did productivity increase or decrease for the course process?
Business
1 answer:
Reika [66]2 years ago
5 0

Answer:

Explanation:

a. Revenue from improving recruitment:

Tuition per semester labor hour is $200 per semester credit

Revenue from state = $80 per semester credit

Expenses from improving recruitment,

Labor cost = $7200

Material cost = $35 per student

Number of students per class = 85

So, Total material costs = 85 x 35 = $2975

Overhead costs = $31000

Output for 3 credit hour= number of students x revenue x credit hours

 = 85 x (200+80)x3 = $71400

Multifactor productivity related to improving recruitment= Output/(Labor cost+ material cost+ overhead)  = 71400/ (7200+2975+31000) = 71400/41175 = 1.734

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The local baseball team owner hires you to help maximize the team's profits. You are told that costs are constant because enough
ozzi

Answer:

increase price per ticket.

Explanation:

increase price per ticket in proportion to cost incurred.

set up an internal control system to ensure all revenue from ticket are well accounted for.

3 0
3 years ago
Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time t
puteri [66]

Answer:

Normal conditions not applying.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time to interact with the design engineers after the design is completed is a good example of normal conditions not applying because it follows the discretion of the manager or team involved.

5 0
2 years ago
Identify two characteristics of utilitarianism, two characteristics of virtue ethics, and two characteristics of deontology. Wri
givi [52]

Answer:

Explanation:

One claim of unethical practice done by Starbucks is that they do not give a chance for small coffee-shops and try to cease them out by acquairing them or competing aggressively. However in the case of buying the coffeeshops they evaluate the price of the shop generously.

In terms of utilitarianism, the action of buying out small shops through generous offer is considered not unethical, because if Starbucks sets up their business nearby the small shop, it will most likely suffer and by purchasing them it is actually a favor for coffeeshops.

The characteristics of utilitarianism is:

The end result of an action should be the most positive outcome for all the parties concerned

The action that leads to the end result is not as important as the result itself

Even though discussed issue is ethical in temrs of utilitarianism view, it is unethical in terms of deontology. Starbucks is causing the shut down of the local business and also discouraging its growth.

The characteristics of deontological ethics is :

The action is the most important focus of the ethical consideration

The result may not be the best but the entity/person in charge should take an ethical action

The third part is the virtue ethics.  As per the virtue ethics, we cannot say that the action is ethical. This is not the only blame that Starbucks faces. They face allegation of exploiting coffee farmers, damaging the environment and mistreating their employees.

The characteristics of virtue ethics is

The moral value of the person/organization is more important than action or the result

Even if the action is unethical or the result is unethical, the moral of the person/company can still be correct.

3 0
3 years ago
Differentiate between the auditor and financial manager​
Radda [10]

Answer:

hope the images above answer your question.

Explanation:

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3 0
2 years ago
The MPS calls for 110 units of Product M. There are currently 30 of Product M on hand. Each M requires 4 of Component N. There a
RUDIKE [14]

Answer:

c. 300

Explanation:

The computations of the net requirement of N are shown below:

= Calling units - current units

= 110 units - 30 units

= 80 units

Each M requires 4 of N components

That means  

= Remaining units × required component

= 80 units × 4

= 320 units

And in hand, it has 20 units

So, the net requirement would be

= 320 units - 20 units

= 300 units

5 0
3 years ago
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