This would be a business plan. Business plans are proposals that outline the basics of the new business, including where the business will be, how the business will be run, and the financial resources required.
Answer:
The solution according to the given scenario is described below.
Explanation:
The given values are:
No. of foreign presses,
= 20
Required setup time,
= 3 hours
Average standard time,
= 45 seconds
Average produced batch,
= 600
Now,
(a)
The number of workers will be:
=
=
=
The total time for batch's production will be:
=
=
=
or
=
The total number of hours per month will be:
=
=
then,
The total batches per month will be:
=
=
Total batches =
=
Now,
The produced pieces will be:
=
=
(b)
On substituting the given values, we get
He receives a commission of $6150 every week and in whole month he receives $ 24600 as commission and $ 4400 as draw
Answer:
The annual capacity is 85000 units. If order is accepted of 12000 units the company will be able to sell only 73000 units (instead of 78000).
Explanation:
Current Net Income calculation and New Net Income calculation are atteched in the archive.
- Increase in income = new income – old income = 370000 – 340000 = $30000
- Marston’s Net Income will INCREASE by $30,000 if it accepts the special order.
- The above increase can be also understood as---
Contribution gain on special order – 12000 units x ($105-$90) = $180,000
(-) Contribution lost of normal sale – (78000 units – 73000 units) x ($120-$90) = $150000
Net INCREASE = 180000 – 150000 = $30,000
Answer:
B
Explanation:
this way he will not try to spend the money while saving