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3 years ago

8

Why do starbucks customer at busy downtown locations in major cities pay more for a cup of coffee than they would at less busy l

ocations?

1 answer:

user100 [1]3 years ago

7 0

Hey You! Here's The Answer:

They are willing to pay more for the convenience of the Starbucks' location.

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The Ferre Publishing Company has three service departments and two operating departments. Selected data from a recent period on

Jet001 [13]

Answer:

The Ferre Publishing company

Service Costs Assigned to each Operating Department:

Service Departments Operating Departments

Admin. Janitorial Mainten. Binding Printing Total

Costs $168,000 $126,000 $57,600 $330,000 $516,000 $1,197,600

Admin (168,000) 100,800 67,200 0

Janitorial (126,000) 36,000 90,000 0

Maintenance (57,600) 19,200 38,400 0

Total cost $486,000 $711,600 $1,197,600

Explanation:

a) Data and Calculations:

Service Departments Operating Departments

Administration Janitorial Maintenance Binding Printing Total

Costs $168,000 $126,000 $57,600 $330,000 $516,000 $1,197,600

Number of

employees 60 35 140 315 210 760

Square feet of

space occupied 15,000 10,000 20,000 40,000 100,000 185,000

Hours of

press time 30,000 60,000 90,000

Allocation bases:

Administration cost = Number of employees 525

Janitorial cost = Square feet 140,000

Maintenance cost = Hours of press time 90,000

Allocation Rates and to Operating Departments:

Administration $168,000/525 = $320 per employee

Binding = 315 * $320 = $100,800

Printing = 210 * $320 = $67,200

Janitorial costs = $126,000/140,000 = $0.90 per square feet

Binding = 40,000 * $0.90 = $36,000

Printing = 100,000 * $0.90 = $90,000

Maintenance costs = $57,600/90,000 = $0.64 per press hour

Binding = 30,000 * $0.64 = $19,200

Printing = 60,000 * $0.64 = $38,400

3 0

3 years ago

The Crunchy Potato Chip Company sells chips in boxes with a net weight of 846 grams per box . Each box contains ten individual 3

Alinara [238K]

Answer:

0.8

Explanation:

Given:

Number of chips contained in each box = 10

Weight of each packet of chips = 3 ounce

Average weight per box = 853 grams

Upper specification limit of the weight = 846 + 12 grams = 858 grams

Lower specification limit of the weight = 846 - 12 grams = 834 grams

Standard deviation, σ = 5 grams

Now,

Capability index = $\frac{\textup{Upper limit - Lower limit}}{6\sigma}$

or

Capability index = $\frac{858 - 834}{6\times5}$

or

Capability index = 0.8

7 0

3 years ago

the main purpose of writing a business plan is to a. prepare a "blueprint" for the development of your business. b. meet a state

erastova [34]

D because if your employees don't know about anything then you will have a sloppy business

5 0

3 years ago

Read 2 more answers

Village Bank has $310 million worth of assets with a duration of 12 years and liabilities worth $248 million with a duration of

vitfil [10]

Answer:

2129 futures contracts to be sold

Explanation:

Asset worth = $310 million

Asset duration = 12 years

liabilities = $248 million

Liabilities duration = 5 years

T-bond futures contracts = 104-20 (30nds)

% of assets = 310 / 248 =

<u>Determine how many futures contracts Village Bank will sell to fully hedge the balance </u>

Number of Contracts = -[Assets * (Asset Duration – (Liabilities Duration * % of Assets) / (Duration * Contract Value)]

= - [ 310 * ( 12 - ( 5 * (310/248)) / ( 8 * ( 104 + ( 20/30)) ]

= - [ 310 * ( 12 - 6.25 ) / ( 8 * 104.6667 ) ]

= - [ 310 * 5.75 / 837.3336 ]

= - 2.12878 * 1000

= 2128.78 ≈ 2129 ( number of futures contracts to be sold )

5 0

3 years ago

There are 6 cities (1-6) in Araxi County. The county must determine where to build fire stations. The county wants to build the

nikdorinn [45]

Answer:

a.

Look at the two attached figures please. The decision variables is the choice to build a fire station in which city.

So there are six decision variables each taking a value of either 0 or 1.

D1 = decision to build fire station in city 1, (1 denotes yes and 0 denotes no)

D2 = decision to build fire station in city 2, (1 denotes yes and 0 denotes no)

D3 = decision to build fire station in city 3, (1 denotes yes and 0 denotes no)

D4 = decision to build fire station in city 4, (1 denotes yes and 0 denotes no)

D5 = decision to build fire station in city 5, (1 denotes yes and 0 denotes no)

D6 = decision to build fire station in city 6, (1 denotes yes and 0 denotes no)

b.

Please look at attachment

C .

The figure 1 denotes the problem formulation in excel and shows all the formulas.

In first step, a matrix is prepared to denote all cities which are within 15 minutes by 1 and others by zero

A array of decision variables for selecting the city is shown. A 1 in cell implies that city is selected and 0 means the city is not selected.

A product of the selection variable and the value in the within 15 minutes matrix is calculated as shown by the formula.

The constraint is to ensure that all cities have at least one fire station mapped within 15 minutes.

d.

The problem is solved in Excel using integer programming and the solution is that City 2 and 4 should be selected for building fire stations and thus total no of fire stations are two with every city within 15 minutes.

Explanation:

3 0

3 years ago