Answer:
Baker Industries manufactures two products: A and B. The company predicts a sales volume of 10,000 units for product A and ending finished-goods inventory of 2,000 units. These numbers for product B are 12,000 and 3,000, respectively. Bacon currently has 7,000 units of A in inventory and 9,000 units
Explanation:
It is currently the only firm in the market, and it earns $10 million per year by charging the monopoly price of $115 per chip. Baker is concerned that a new firm might soon attempt to clone its product. If successful, this would reduce Baker’s profit to $4 million per year. Estimates indicate that, if Baker increases its output to 280,000
Answer:
peter druker and write about him and the stuff he did write that he is the person u look up for
Answer:
The new price will be $38.57.
Explanation:
The initial price of 120,000 outstanding shares is $54.
There are no market imperfections or taxes.
The firm declares a dividend of 40%.
The new share price will be
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Answer:
Just-in-time
Explanation:
Just-in-time inventory system advocates minimal holding of raw materials in the stores. In this system, materials are ordered when they are required for production. The just-in-time (JIT) approach aligns customers requests with the production process.
JIT system is a cost-effective approach. It reduces wastage that results from holding huge volumes of inventory. The managers operating a JIT system must be able to forecast accurately to avoid stock outs. The order management systems should be fast and reliable for the JIT to be successful.
