I would say the aging "baby boomers" will not consume much milk as that is more common for babies and young children to consume it so therefore I think that the overall demand will decrease so milk sales will decrease significantly.
Answer:
Expected annual volume = 18400 units
For Memphis:
Annual cost for building ,equipment and administration = $42800
Annual labor and material cost =Annual volume x cost per unit = 18400 x $8 = $147200
Annual transportation cost = $50000
So,Total cost = $42800 + $147200 + $ 50000 = $240000
For Biloxi:
Annual cost for building ,equipment and administration = $60000
Annual labor and material cost =Annual volume x cost per unit = 18400 x $4 = $73600
Annual transportation cost = $60000
So,Total cost = $60000 + $73600 + $ 60000 = $193600
For Birmingham:
Annual cost for building ,equipment and administration = $100000
Annual labor and material cost =Annual volume x cost per unit = 18400 x $5 = 92000
Annual transportation cost = $27600
So,Total cost = $100000 + $92000 + $27600 = $219600
Explanation:
Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. - True.
Operations management (OM) is the administration of enterprise practices to create the very best level of efficiency viable inside an business enterprise. it's far concerned with converting materials and exertions into items and offerings as effectively as viable to maximize the income of an business enterprise.
What are the three kinds of operations management?
Operations management consists of three ranges: strategic, tactical, and operational
What are the key factors of Operations management?
The important thing elements of Operations management are; Product choice and layout: The proper sort of products and accurate designs of the goods are crucial for the achievement of an agency. A wrong choice of the product and/or negative design of the products can render the employer's operation useless and non-competitive.
What do you examine in operations management?
Blanketed in operations management is the whole thing involved in turning raw materials into deliverable service or product. this may include designing manufacturing structures, employee schooling, centers planning, deliver chain control, stock control, product layout, best control and much more.
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Answer:
Tactical planning.
Explanation:
Tactical planning is a type of planning that deals with specific markets or market segments and the development of marketing programs that will fulfill the needs of customers in those markets. It usually occurs after an individual, organization or team has created its strategic plan which typically outlines their specific goals and objectives.
Hence, it simply describe or highlight the steps and actions to be taken by an individual, organization or team in order to achieve the set goals and objectives from a strategic plan.
Answer:
5.7 times
Explanation:
Computation of George Company accounts receivable turnover for the year.
First step
Net sales - Amount collected on Account receivable
$200,000-$180,000
=$20,000
Thus,
Opening Balance of Accounts Receivable
$25,000+$20,000
=$45,000
Second step is to calculate for Account Receivable Turnover
$200,000 ÷ [($25,000 + $45,000) ÷ 2]
$200,000÷($70,000÷2)
$200,000÷$35,000
= 5.7 times
Therefore the accounts receivable turnover for the year will be 5.7 times
