Answer:
The company should make the bicycle seats.
Explanation:
Given:
Number of seats to be made = 10,000
Variable cost = 80,000
Fixed cost = 10,000
Outside source cost for seats = $ 8.50 per seat
Since, the fixed cost of the seats cannot be eliminated. Therefore, the deciding factor will only be the variable cost.
Thus,
contribution margin per unit seat if made by own
= ( Variable cost / Number of seats )
Or
= 80,000 / 10,000
or
= $ 8
now,
the making the seats by own is $ 0.5 cheaper.
Hence, the company should make the bicycle seats.
Answer:
Fore cadet for fourth quarter us $1085
Explanation:
One Quarter = 3 months
Demand for quarter 1 = 325 + 440 + 450 = 1215
Quarter Demand in Each Quarter Weighted Forecast
1 1215
2 1280
3 1125
4 1610
5 1010
6 1220
7 1055
8 1085
Weighted moving Average Forecast = ((0.25 * 1010) + (0.25 * 1220) + ( 0.5 * 1055) = 1085
Forecast for the fourth quarter is 1085
Answer:
The principle of market economy dictates that producers and sellers of goods and services will offer them at the highest possible price that consumers are willing to pay for goods or services. When the level of supply meets the level of demand, a natural economic equilibrium is achieved.
Explanation:
Answer:
B. Contingency
Explanation:
Contingency theory was proposed by Fred Edward Fiedler and it states that the success of a leader does not only depend on his abilities. It focuses on situational differences both between organizations and within an organization. It tries to match management practices with situational demands. It refers to the effort in determining the fit between the organization's characteristics and its tasks and the motivations of individuals.
There are several types of organization restructuring:
<span>1. </span>Downsizing
<span>2. </span>Starbust
<span>3. </span>Verticalization
<span>4. </span>De-layering
<span>5. </span>Business process re-engineering
<span>6. </span>Outsourcing, and
<span>7. </span>Virtualization
<span>Among them, the type of restructuring to retain the most essential employees is known as de-layering. D</span><span>e-layering involves breaking down the typical pyramid setup into a flat organization. Its purpose is to thin out or lessen the top layer of unproductive and highly paid ‘white collar’ personnel. It promotes innovation, builds customer intimacy and increases consumer satisfaction. The main advantage is that the decision-making process becomes more effective and shorter.</span>
