Answer:
Target cost= $42.67
Explanation:
Giving the following information:
Top-selling price= $48
Desired profit margin= 12.5% profit margin on sales.
Its current full cost for the product is $44 per unit.
The company can't sell the product over $48 per unit. To obtain the profit margin required it must decrease the full cost per unit.
Target cost= 48/1.125= $42.67
Answer:
The correct answer is 372 cases.
Explanation:
According to the scenario, the given data are as follows:
Average cases per day = 1,700
Total hours in one day = 16 hour
So, Average cases per hour = 1,700 ÷ 16 = 106.25 cases
cycle time = 3.5 hours
So, we can calculate the WIP level by using following formula:
WIP = Average cases per hour × cycle time
= 106.25 × 3.5
= 372 Cases ( approx.)
Hence, the WIP level is 372 cases.
You have bouncy balls? Lol
Answer:
False
Explanation:
The Boston Consulting Group’s Growth-Share Matrix is a business planning tool that evaluates the potential of brand portfolios and alternative strategies.
The BCG matrix framework classifies a brand portfolio into four categories based on industry attractiveness (industry growth rate) and competitive position (<u>product market share</u>).
The four categories are:
- question marks
- stars
- poor dogs
- cash cows
Answer:true
Explanation:
Being a millennial, he ought to have gathered enough experience even before joining the new company. Mr Blake to have gotten to the fleet of millennial would be able to think critically to access the customers online and also evaluate them.
