The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown:SiteFixed Cost Per YearVariable Cost per Unit1$800$10.00$5.00$4.00$1,1003$2,100a) Afteř rounding to the nearest whole number, site 1 is best belowV units.After rounding to the nearest whole number, site 2 is best betweenV andV units.After rounding to the nearest whole number, site 3 is best aboveV units.b) If the demand is 1010 units, then the best location for the potential manufacturing plant is

Given, 1- 800-10 2-1100-5 3-2100-4

Answered: The fixed and variable costs for three…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site Fixed Cost Per Year Variable Cost per Unit 1 $800 $12.00 2 $1,200 $5.00 3 $2,000 $3.00 a) After rounding to the nearest whole number, site 1 is best below units. After rounding to the nearest whole number, site 2 is best between and units. After rounding to the nearest whole number, site 3 is best above units. b) If the demand is 47 units, then the best location for the potential manufacturing plant is
2. Cami-Clothes Cleaners is a dry cleaning business that is considering four possible sites for its new operation. The annual fixed and variable costs for each site have been estimated as follows: Fixed Costs $350,000 $170,000 $100,000 $250,000 Variable Costs $5/Unit $25/Unit $40/Unit $20/Unit Location A B C D a. If demand is expected to be 10,000 units per year, which is the best location?
Accel Express, Inc., collected the following information on where to locate a warehouse (1 = poor, 10 = excellent): %3D Location Score Location Factor Factor Weight A В Construction costs 10 Utilities available 10 1 2 Business services 20 8 10 Real estate cost 20 1 Quality of life Transportation 20 6. 2 20 6. a. Which location, A or B, should be chosen on the basis of the total weighted score? The total weighted score for location A is and the total weighted score for location B is so location should be chosen on the basis of the total weighted score. (Enter your responses as integers.)
Consider this data for three potential locations A1, A2, and A3. factor weight A1 A2 A3 initial cost 100 150 140 traffic 12 40 40 30 maintenance 2 20 25 18 dock space 25 10 12 neighborhood 4 12 8 15 What is the composite score for the alternative "A2"? (Compute composite score as the sum of (weight times score) - i.e. you do not have to convert weights to add to one)
Sap Manufacturing, a manufacturing company that manufactures football jerseys and located in Port Antonio, Jamaica, is preparing to build a new plant. J’s is considering three potential locations that are suitable for the construction of the plant. The fixed and variable costs for the three alternative locations are presented in the table below. Costs A B C Fixed Costs ($) 700,000 1,000,000 1,100,000 Variable ($ per unit) 28 20 18 Identify the range over which each alternative (A, B and C) is best. A manufacturing firm is considering three potential locations for a new parts manufacturing facility. A consulting firm has assessed three sites based on the four factors supplied by management as critical to the location's success. The factor weights and the consultant team scores are given in table 5 below. Scores are based on 50 = best. Locations Factors Weights A B C Labor Climate 10 35 45 20 Taxes 30 30 40 40 Utilities 20 25 20…
A location analysis has been narrowed down to two locations, A and B. The main factors in the decision will be supply of raw materials, which has a weight of 50, and labor cost, which has a weight of 50. The ratings for raw materials and labor are: for A, 3 and 4, respectively; for B, 5 and 3, respectively. Using the factor rating method, the manager should O reject both locations O determine the capacity before deciding choose location A choose location B
Location Fixed Cost Variable Cost A $100,000 $10 B $150,000 $7 C $200,000 $5 600 Annual 500 Cost ($000) 400 300 200 100 2 4 6 8 10 14 16 18 20 Q (000s of units) i. Plot the total cost curves in the chart provided above and identify the range over which each location would be best. ii. Use break-even analysis to calculate exactly the break-even quantity that defines each range.
The Skulls, a student social organization, has two different locations underconsideration for constructing a new chapter house. Skull's president, a POM student, estimates that due to differing land costs, utility rates, etc., both fixed and variable costs would be different for each of the proposed sites, as follows: Location Annual Fixed Variable Alpha Ave $5000 $200 per person Beta Blvd $8000 $150 per person If it is estimated that thirty persons will be living in this new chapter house, which location should the Skulls select?
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Peggy Lane Corp., a producer of machine tools, wants to move to a larger site. Two alternative locations have been identified: Bonham and McKinney Bonham would have fixed costs of $780,000 per year and variable costs of $15,000 per standard unit produced McKinney would have annual fixed costs of $920,000 and variable costs of $13,800 per standard unit. The finished items sell for $30,000 each. a) The volume of output at which both the locations have the same profit = standard units (round your response to the nearest whole number). b) Based on the analysis of the volume, after rounding the numbers to the nearest whole number, Bonham is superior below c) Based on the analysis of the volume, after rounding the numbers to the nearest whole number, McKinney is superior above d) The break-even point for Bonham is The break-even point for McKinney is units. (Enter your response rounded to the nearest whole number) units. (Enter your response rounded to the nearest whole number) standard…
Problem 8-10 Factor Initial cost Traffic Maintenance Dock space Neighborhood Location East #1 East #2 West Weight East #1 100 60 20 24 15 0 00 00 N West East #1 East #2 8 8 4 4 2 East #2 110 35 25 24 9 a. Using the above factor ratings, calculate the composite score for each location. West 110 35 Composite Score 25 13 11 b. Determine which location has the highest composite score:
Marilyn Helm Reta ilers is attempting to decide on alocation for a new retail outlet. At the moment, the firm has threealternatives stay where it is but enlarge the faci lity; locate alongthe main street in nearby Newbury; o r locate in a new shoppingmall in Hyde Park. The company has selected the four factorslisted in the following table as the basis for evaluation and hasassigned weights as shown: Helm has rated each location for each factor, on a 100-point basis. These ratings a re given below: a) What should Helm do?b) A new subway station is scheduled to open across the street from the present location in about a month, so its third factor score should be raised to 40. How does this…

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