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1 year ago

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Cynthia hamilton is launching a chain of smoothie restaurants. among cynthia's key partners will be firms that provide her the i

ngredients needed to make her smoothies. in the terminology of the barringer/ireland business model template, these partners are called ________.

1 answer:

Ivan1 year ago

7 0

The answer is suppliers

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Cane Company manufactures two products called Alpha and Beta that sell for $195 and $150, respectively. Each product uses only o

-Dominant- [34]

Answer:

Explanation:

Alpha = $195

Beta = $150

total production capacity = 123,000 pounds

raw materials = $5 per pound

Production costs per unit Alpha Beta

direct materials $40 $15

direct labor $34 $28

variable manufacturing overhead $22 $20

fixed manufacturing overhead $30 $33

variable selling expenses $27 $23

common fixed expenses $30 $25

total cost per unit $183 $144

1) What contribution margin per pound of raw material is earned by Alpha and Beta?

Alpha Beta

contribution margin $72 $64

contribution margin per pound <u> $9</u> <u>$21.33</u>

2) Assume that Cane's customers would buy a maximum of 95,000 units of Alpha and 75,000 units of Beta. Also, assume that the company's raw material available for production is limited to 245,000 pounds. How many units of each product should Cane produce to maximize its profits?

Alpha Beta

contribution margin $72 $64

contribution margin per pound $9 $21.33

production (in units) 2,500 75,000

profits $30,000 $450,000

total profits <u>$480,000</u>

3) Assume that Cane's customers would buy a maximum of 95,000 units of Alpha and 75,000 units of Beta. Also, assume that the company's raw material available for production is limited to 245,000 pounds. What is the maximum contribution margin Cane Company can earn given the limited quantity of raw materials?

Alpha Beta

contribution margin $72 $64

contribution margin per pound $9 $21.33

production (in units) 2,500 75,000

contribution margin $180,000 $4,800,000

total contribution margin <u>$4,980,000</u>

4) Assume that Cane's customers would buy a maximum of 95,000 units of Alpha and 75,000 units of Beta. Also, assume that the company's raw material available for production is limited to 245,000 pounds. Up to how much should it be willing to pay per pound for additional raw materials?

If it wants to increase the production of Alpha, it could pay as much as ($195 - $183) / 8 = $1.50 extra per pound if it wants to maximize profits. Maximum price = $6.50 per pound. At this point, marginal revenue = price.

8 0

2 years ago

Explain whether each of the following government activities is motivated by a concern about equality or a concern about efficien

Setler [38]

Answer:

a) <em>Regulating cable TV prices</em> - This is motivated by the concern about efficiency. Since one cable TV company can easily become a monopolist and manage cable TV prices on its own, market power (a type of market failure) is hindered by regulation. These measures aim to decentralize power and distribute it once again.

b) <em>Providing some poor with vouchers that can be used to buy food. </em>- Being a concern for equality, this regulation aims to improve fairness and equality among society levels by giving vouchers to poor people. Equality measures are usually non-efficient by the means of concern, and are a common practice in all governments.

c) <em>Prohibiting smoking in public places </em>- Being a concern about efficiency, this aims to overcome a possible externality. Third parties (non-smokers) are affected by something they cannot influence, which indicates a case of externality failure. Government regulation is essential

d) <em>Breaking up Standard Oil (which once owned 90 percent of all oil refineries) into several smaller companies.</em> - Once a monopoly, Standard Oil is broken down into several smaller, competition-oriented companies. The market failure regarding market power is regulated by this move. When this happens, Standard Oil will not be able to dictate prices.

e) <em>Imposing higher personal income tax rates on people with higher incomes</em> - Being an equality measure by nature, this economic remedy tries to create less discrepancy among income across all social levels. The standard deviation becomes smaller, which is the result of equality measures. Although people with higher incomes will always have a similar income, regulation vastly influences people with less income.

f) <em>Instituting laws against driving while intoxicated.</em> - This is an efficiency measure (against externality), as sober drivers and traffic participants become influenced by drunk drivers who they cannot control. In case of an accident, the third party is imposed a cost that could be fatal. Therefore, it has to be regulated.

4 0

1 year ago

A local supermarket sells a popular brand of shampoo at a fairly steady rate of 380 bottles per month. The cost of each bottle t

zimovet [89]

Answer:

annual demand = 380 * 12 = 4,560

order cost = $8.50

annual holding cost = $0.45 * 25% = $0.1125

EOQ = √[(2 * 4,560 * $8.50) / $0.1125] = 830.10 ≈ 830 units

time between placement of orders = 830 units / 4,560 units = 0.182 years = 2.18 months

reorder point = 4,560 units * 2/12 (lead time) = 760 units

A new order should be placed when the inventory level is 760 units

3 0

1 year ago

Skill, road surfacing, lubricants, tires, brakes, and the weight of the car are all examples that can create what type of drivin

avanturin [10]

An independent variable is an input, assumption, or driver that is changed in order to assess its impact on a dependent variable (the outcome). Think of the independent variable as the input and the dependent variable as the output. In financial modeling and analysis, an analyst typically performs sensitivity analysis in Excel, which involves changing assumptions in the model to observe the impact on output.

4 0

1 year ago

Read 2 more answers

Tommy McCartney is a sixteen-year-old high school student. He has worked forty hours per week at the local convenience store ove

Aleks [24]

Explanation:

First of all, the dealer should not have sold the car to the sixteen year old boy without the presence of his parents or any guardian. It is illegal to have a contract with a child who is not legally allowed to drive the car before the age of eighteen.

Now secondly if the dealer has somehow sold the car to the boy, the boy cannot come back after few months and ask for returning his money because he purchased the car, the condition of the condition of the car got worse during the whole time when car was with him, and also there is no legal clause in the agreement which allows him to demand his money back after using the car for this long time. So demanding his money back from the dealer is totally unethical as well as illegal. The dealer is true that the car is still the property of the boy and the money is still the dealer's money.

5 0

1 year ago