Please answer questions with the answers and put the answers in the picture where they belong...
Hudson Corporation is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do the managing (referred to as outsourcing), or using a combination of its own staff and an outside vendor. The cost of the operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows: Demand Staffing Options High Medium Low Own staff 600 550 350 Outside vendor 900 650...
Hudson Corporation is considering three options for managing its data warehouse: continuing with its own staff, hiring an outside vendor to do the managing (referred to as outsourcing), or using a combination of its own staff and an outside vendor. The cost of the operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows: Demand Staffing Options High Medium Low Own staff Outside vendor 900 650 400 Combination 700 600...
. A company is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do the managing, or using a combination of its own staff and an outside vendor. There are three levels of demand under consideration: high, medium, and low. The annual profit associated with each option (in $1,000) for each level of demand is given below: Demand Level Staffing Options High Medium Low Own staff...
ABC Co. is considering its options for managing its IT infrastructure. The cost of each alternative depends on demand for services, a function of the company's growth. The annual cost of each option (in thousands of dollars) is included in the table above. a) If demand probabilities are .4, .4, and .2 for high, medium, and low demand, respectively, which alternative will minimize the expected cost of IT? b) Assuming you choose the option with the lowest expected cost, what...
please type answers! do not print by hand! please answer all questions! You are the manager of a monopoly, and your demand and cost functions are given by P 200-2Q and C (Q) -2,000+30 , respectively. What price would maximizes your firm's profits? a. b. What quantity would maximizes your firm's profits? c. Calculate the maximum profits d. What price-quantity combination would maximizes revenue? e. Is demand elastic, inelastic, or unit elastic at the revenue maximizing price-quantity combination?
Complete in Excel show the formula please if applicable Three options are being considered by the human resources management of Suncore Distribution Center to manage a new distribution warehouse. The following payoff table gives the profits ($000) possible for the different options and possible future demand levels. State of Nature (Demand level) Alternatives High Medium Low Use own staff 650 550 625 Outside vendor 900 600 400 Combination 800 750 500 a. What would the recommendation be if the optimistic...
please highlight the final answer Lionel Corporation manufactures pharmaceutical products sold through a network of sales agents in the United States and Canada. The agents are currently paid an 18% commission on sales; that percentage was used when Lionel prepared the following budgeted income statement for the fiscal year ending June 30, 2019: $ 29,000 Lionel Corporation Budgeted Income statement For the Year Ending June 30, 2019 ($000 omitted) Sales Cost of goods sold Variable $ 13,050 Fixed 3,480 GTON...
Please answer question 2 and 3. Q2 (33 points) A manufacturer produces and sells bottled drinks. Their production capacity is 570 units daily, but their sales at the moment are estimated at 400 units per day. The manufacturer produces Mondays through Fridays. The variable cost for production is $1.5. The manufacturer incurs about $250 labor cost per production order for setups. Accounting estimates annual holding costs as $0.30 per unit. a) Determine the optimal production quantity for the bottled drinks....
please answer pasrts a, b, c, and 1 .! Xi 4 А в с о 1 E7.8 Prepare incremental analysis concerning make-or-buy decision 2 Innova uses 1.000 units of the component IMC2 every month to manufacture one of its products. The unit costs incurred to 3 manufacture the components are as follows: Direct materials Direct labor Overhead Total $65.00 45.00 126.50 236.50 10 Overhead costs include variable material handling costs of $6.50, which are applied to products on the basis...
options to put in the statement is contribution margin, cost of goods sold, depreciation, existing, incremental, insurance, interest expenses, sales, sales, sales commissions Lionel Corporation manufactures pharmaceutical products sold through a network of sales agents in the United States and Canada The agents are currently paid an 18% commission on sales; that percentage was used when Lionel prepared the following budgeted income statement for the fiscal year ending June 30, 2019: $ 29, 2ee 16.644 $ 12,556 Lionel Corporation Budgeted...