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- Calculate customer life time value for the data below. (Show Work) Purchase Occasion Transition Probability Average Basket Size 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ΝΑ 55% 75% 78% 83% 81% 81% 86% 82% 85% 90% 93% 85% 89% 85% 91% 97% 97% 96% 85% 83% 89% 82% 79% 82% 89% 88% 86% 67% 75% $46.71 $56.71 $57.93 $56.87 $58.26 $66.90 $63.62 $70.27 $63.03 $62.60 $71.81 $76.76 $78.14 $65.65 $74.84 $81.11 $72.08 $87.30 $71.94 $75.44 $70.35 $72.86 $66.68 $79.90 $93.91 $61.08 $94.16 $100.40 $77.89 $99.70Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…
- It might be sensible for a company to benchmark each of its sales reps against: O its other sales reps competitors sales reps sales reps of a firm in a different industry all of the above are true QUESTION 2 Capital sources include: O profits loans stocks all of the above QUESTION 3 The most useful brejakdown of data in a sales analysis is by: O product, package size, grade, or color O customer type geographic region any or all of the above depending on the situation QUESTION 4 Which of the following is NOT a way to stimulate profit growth? O do a better job of holding onto customers11. Provide an example for each type of approach to demand analysis.Lakewood Fashions must decide how many lots of assorted ski wear to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Demand Order size Low Medium High 1 lot 2 lots 3 lots (a) Show a regret table. 1 lot Order size 2 lots 3 lots 11 9 6 Low 16 24 38 16 38 59 Demand Medium (b) What decision should be made by the optimist? O 1 lot O 2 lots O 3 lots (c) What decision should be made by the conservative? O 1 lot O 2 lots O 3 lots (d) What decision should be made using minimax regret? O 1 lot O 2 lots O 3 lots High Maximum Regret
- Q2: A company has seasonal demand, with the forecast for the next 12 months as given below. The current labor force can produce 500 units per month. Each employee can produce 20 units per month, and is paid $2,000 per month. The inventory carrying cost is $50 per unit per period. It costs $100 to hire or layoff an employee. Assume 200 units of initial inventory and we would like to keep the similar level at the end of the year. Month 1 3 4 7 8 9 10 11 12 Demand 660 700 840 700 660 500 600 840 80 900 700 600 Please use level and chase strategy to calculate the total cost of two plans (please show your work).Which are some of the things that drive variability in demand management and forecasting? 1. MOQs 2. Promotional sales on products 3. Supplier contracting 4. Order fulfillment 5. Network planning 6. None of the above Please give me answer ASAP with clear explanation.Q1. Al Rawahi Company's budgeted sales and direct materials purchases are as follows: Months Budgeted Sales Budget D M Purchases April 250000 32000 May 270000 38500 320000 44400 June Al Rawahi sales are 30% cash and 70% credit. Credit sales are collected as 25% in the month of sale, 35% in the month following sale, and 38% in the second month following sale; 2% are uncollectible. Al Rawahi purchases are 40% cash and 60% on account. Purchases on account are paid 45% in the month of purchase, and 55% in the month following purchase. Instructions A. Prepare a schedule of expected collections from customers for June.(4 marks) B. Prepare a schedule of expected payments for direct materials for June. (3 marks) Q2: O Focus ed Kingdom)
- What are the top 5 reasons why tarrifs are being used?17 How many merchandise plans does a store or department typically develop for a year? Group of answer choices 12 2 6 52Consider the following price and dividend data for Ford Motor Company: Dividend ($) Date December 31, 2004 January 26, 2005 April 28, 2005 July 29, 2005 October 28, 2005 December 30, 2005 Price ($) $14.04 $13.43 $9.14 OA. -44.4% OB. -40.2% OC.-42.32% OD. -38.1% $10.74 $8.02 $7.72 $0.12 $0.12 $0.12 $0.12 Assume that you purchased Ford Motor Company stock at the closing price on December 31, 2004 and sold it at the closing price on December 30, 2005. Your realized annual return is for the year 2005 is closest to: