All categories

4 years ago

How are manufacturing and non manufacturing location decisions similar? different?

1 answer:

iogann1982 [59]4 years ago

3 0

Location decisions are strategic decisions because they can have a significant impact on the success or failure of a business.
Both manufacturing and non manufacturing location decision take costs and profits into consideration. 
Manufacturing firms are concerned with transportation costs, location of raw materials, energy and water availability .
Non manufacturing companies on the other hand are concerned with convenience, access to markets and traffic flow.

You might be interested in

John works for a factory and receives a weekly paycheck. He typically places 3% of each paycheck into a bank savings account. Th

tekilochka [14]

It’s not is injected back into for the first

And “does not affect” is not the right answer either for the second slot

7 0

3 years ago

Stewart soaps began business by issuing 25,000 shares of $5 par value common stock for $20 per share. during its first year, the

larisa [96]

Issuing 25,000 shares of $5 par value common stock for $20 per share.

Cash (25,000 x 20) 500,000
Common stock (25,000 x 5) 125,000
Additional Paid-In Capital (25,000 x 15) 375,000

The net loss will only be reflected as a deduction from retained earnings. Retained earnings is where the net income or net loss of the company will be under in the year-end balance sheet. It is the balance of all income and loss the company has since its inception.

6 0

4 years ago

Create a fictitious product. Be creative — it can be anything you want, including clothing, a beverage, food, a gadget, a video

skelet666 [1.2K]

Answer:

A video game:

Explanation:

Target your audience: kids love videos games, and crazy colors. Grab your audiences attention

3 0

3 years ago

Read 2 more answers

Develop an Excel worksheet simulation for the following problem. The management of Paragon Household Products is considering the

Alexxandr [17]

<h2>Disclamer:</h2>

As it ask to run simulations the values calculates will difer even if you follow the same step as I did.

Answer:

Mean Profit: $ 4,295

Probability of loss: 29.80%

As the product has a mean profit it will on average generate gains

but:

as the standard deviation of the simulation was $ 7,778.40

we should not invest on the product as it is to variable

Explanation:

We are going to use the =RAND() function of excel

which, generates a random number between 0 and 1

This will be done 1,000 times 500 for the variable cost

and 500 for the demand.

Then we copy and paste this numbers to get them fixed.

Then, we convert them into actual cost and demand in units considering their distribution

using excel dist.norm.inv

Now, with this values we solve for profit on each one.

FOr the complexity I attached the excel file as the plataform interface cannot handle large tables.

Download xlsx

6 0

3 years ago

The human resource manager of one of Hershey Foods' production facilities has been noticing an increase in absenteeism among ass

Vilka [71]

Answer:

Job rotation is beneficial to the company in terms of productivity and would reduce the leave of absence workers in Hershey Foods production facility.

It would promote flexibility of employees and keep employees interested into staying with the company/organization which employs them as well as taking their designated tasks seriously.

8 0

4 years ago