assumed to be 94%, since all of the fixed costs like advertising, insurance, salaries etc. will continue to remain fixed. These fees take on a noteworthy amount of overhead. The variable costs are lower since utilities are essentially one of the only variable costs DelaSol has aside from material variable costs, thus, the variable overhead cost is 38%. Work in Progress must be zero since SolGlass glasses cannot be left uncompleted to avoid extra inventory costs, and create maximum made-to-order…
Question 1: Assess the attractiveness of the Telecommunication Industry in 1998? (50%) According to Michael E. Porter’s five forces of analysis we can obtain the opportunities, threats and profitability in Telecommunication Industry. o THREAT OF NEW MARKET ENTRANT. • In 1998 Telecommunication Industry was duopolistic. Manipulated by Eircell (now 02) and Esat Digifone (now Vodafone). Even though Eircell had more market share both the companies enjoyed benefits, profitability and growth in the…
3. MOTIVATION AND PROBLEM STATEMENT Fig. 3 shows the monthly consumption of both the NG and electricity in the studied area. Also, Fig. 4 shows their daily use given in millions of British thermal unit (MBTU). Fig. 3. Monthly electricity and NG consumption in MBTU for the area under study Fig. 4. Hourly electricity and NG consumption in MBTU for the area under study From both figures, it is notable that there is a real chance of using the NGDN as a low-emission fuel source because of the…
Rich Manufacturing Case Study The cost-plus pricing strategy uses the expenses associated with producing a product and adding an additional amount, called a markup, to generate a profit. Rich Manufacturing’s production manager Gina Picaretto purchases 100,000 machine unit parts from Ghagat Incorporated each year. Ghagat uses cost-plus pricing in their contract with Rich Manufacturing. Ghagat’s costs per part include $10 for labor, $10 for other costs, and a markup of $5. The…
Explain the impact the law of diminishing marginal returns has on both marginal cost and average total cost MARGINAL COST Marginal cost is a total cost to the company to produce one more product. This cost changes depending on how many products the company aims to produce. Changes in production may increase or decrease the marginal cost due to the marginal cost including all costs such as materials, labour, infrastructure. Marginal cost diagram has a U-shaped curve as a result of increasing…
Q1. Income $760 Taxes to Government $100 Consumer spending $560 Gross investment $110 Depreciation $40 Government Spending $130 1) GDP=$(560+110+130)= $800 Household savings =$(760-100-560) = $100 2) For this closed economy which is inherently self-sufficient and removed from the rudiments of import and exports the leakages are the savings and the taxes and the injections are the investment and the government spending. The relationship between the leakages and the…
Introduction The Jackson Pike Wastewater Treatment Plant, located in Columbus Ohio, along with the Southerly Plant are responsible for treating a combined average of 208 million gallons of water per day [1]. Founded in 1937, the Jackson Pike Plant first treated approximately 50 million gallons of water per day. To keep up with a growing Columbus population, the wastewater plant has been upgraded to treat 150 million gallons per day. On September 7th, 2017 Carnell Felton, the plant’s assistant…
Out of 22 respondents, 8 answered that they were spending Php 5,001 – Php 15,000 (36.36%)for their basic needs. Another 8 responded that they spent Php 15,001 – Php 25,000 (36.36%). 6 said that they were spending over Php 25,000 for their basic needs (27.27%). The result of the survey showed that half of the respondents were spending Php 5,001 – Php 15,000 for one year to obtain CPD units (50%). 3 answered Php 5,000 (13.64%). Another 3 responded that they spent over Php 25,000 for CPD units…
Distance Metric In this section, we focus on applying dropout to the learned metric. Let M be metric learned from the precious iteration. To apply the dropout technique, we introduce a Bernoulli random matrix , where each is a Bernoulli random variable with , using the random matrix , we compute the dropped out distance metric denoted by as. Given by i=j, and we already known that M is a symmetric matrix. With different design of sampling probabilities, we can apply dropout to the learned…
Just In Time (JIT) is a widely used production and inventory control system in which materials are purchased and units are produced only as needed to meet actual customer demand. The use of this inventory system is a strategy to increase efficiency and decrease waste by receiving goods only as they are needed in the production process and therefore reducing inventory costs. Just In Time works as an inventory management system with the objectives of having inventory rapidly available to meet…