Assignment 1 – Environmental Footprint TABLE A. Ecological Footprint Footprint Results (Answers to the following 2 questions will be given upon completion of footprint) If everyone lived like you, how many planet Earth’s would we need? 6.2 To support your lifestyle, how many productive global acres area needed? 27.7 Ecological Footprint Breakdown (Values can be obtained by scrolling over pie chart generated at completion of footprint) Percent of emissions from Food 18% Percent of emissions from Shelter 7% Percent of emissions from Mobility 35% Percent of emissions from Goods 8% Percent of emissions from Services 27% TABLE B. Household Emissions Household Emissions Results (Answers can be found in bar graphs following completion of calculator) What are your current household emissions? 158,012 tons per yr. of carbon dioxide What are the U.S. average household emissions?
It takes the average price of the Big Mac burger of McDonalds across different countries to measure the change in prices every year, i.e the inflation in that particular country. According to this method,the price of the Mac burger in US is taken as the base .The Big Mac PPP calculation takes the price of a Big Mac Burger in one country(in its currency) and divides it by the price of
Question: (TCO4) When the LIFO method is used, cost of goods sold is assumed to consist of: Your Answer: Instructor Explanation: LIFO means last in, first out, so the last units purchased are sold and the remaining units are assumed to consist of the first units. Points Received: 0 of 5 Comments: 4. Question: (TCO4) Given the following data, calculate the gross profit using the average-cost method, if the selling price was $20 per unit. Date, Item, Unit 1/1, Beginning inventory, 40 units at $12 per unit 3/5, Purchase of inventory, 18 units at $14 per unit 5/30, Purchase of inventory, 24 units at $18 per unit 12/31, Ending inventory, 20 unites Your Answer: Instructor Explanation: Units available for sale (40+18+24) =82, less ending inventory of 20 units tells us that 62 units were sold. To determine the average cost per unit, we need the value of the total units available for sale, (40*$12) +(18$14) +(24$18) =$1,164.
To determine the breakeven first we must divide the total variable cost by the number of projected units to be manufactured. This will allow me to determine the VCU. $512,800.00 | TOTAL VARIABLE COST | 18,000 | TOTAL BUDGETED UNITS | $28.49 | VARIABLE COST PER UNIT | Next we determined the selling price per unit by dividing the total sales by the budgeted units. $864,000.00 | TOTAL BUDGETED SALES | 18000 | TOTAL BUDGETED UNITS | $48.00 | SELLING PRICE PER UNIT | | | With this information we are now able to determine the unit contribution margin by subtracting variable cost per unit from the selling price per unit. $48.00 | SELLING PRICE PER UNIT | $28.49 | VARIABLE COST PER UNIT | $19.51 | UNIT CONTRIBUTION MARGIN | Finally to determine the breakeven point you divide the Total Fixed cost by the Unit Contribution Margin.
Katie Matson 6514483 OPER3160 Grocery Gateway Case Analysis Executive Summary To: Al Sellery and Claude Germain, CEO and chief operating officer- Grocery Gateway - Downsview, Ontario From: Dominique Van Voorhis, vice-president of industrial engineering- Grocery Gateway - Downsview, Ontario Subject: Delivery Operation Improvements Issue: As you know, our delivery operations are at 1.3 less deliveries per hour than projected. I have come up with some alternatives and recommendations to try to remedy the problem and increase the amount of deliveries per hour, and reduce the delivery time from 90 to 30 minutes. “Grocery gateway’s delivery operations are currently doing 2.7 deliveries per hour, which is less than the projected 4 per hour. They also wish to reduce delivery windows from 90 to 30 minutes.” We considered various other options to conclude this assignment, as follows: 1) keep the trucks on the road longer by extending driver shifts 2) approach Descartes 3) increase in the delivery charge 4) do nothing Although all are viable, I feel that approaching Descartes will provide the best strategic solution for Grocery Gateway, while also achieving a much better long-term solution in increasing customer service and staying competitive. This alternative will expand the licensing arrangement to include a new feature that analyzed route profitability and determine the desirability of delivery in particular time slots, allowing us to increase deliveries per hour while increasing profits.
ACCOU 1150 – Managerial Accounting Project Professor Horton 45 points PART I You will visit a fast food facility and answer the following questions, numbering each answer. You should not repeat the questions in your paper. The paper must be turned in by THURSDAY, NOVEMBER 29. No late papers will be accepted. 1.
On 25 September 2009, Sara Lee announced it accepted a binding offer by Unilever for €1.275 billion to sell its global body care and European detergents business. [10] The transaction is subject to regulatory approval and consultation with European employee works councils. [11] On 9 November 2010, Sara Lee said that by selling its North American Fresh Bakery unit to Grupo Bimbo, it could grow in other areas. The $959 million deal gives Sara Lee the right to continue using the Sara Lee name on frozen desserts and meat products. Grupo Bimbo will use the Sara Lee name for fresh-baked products around the world except for Western Europe, Australia and New Zealand.
Six Sigma Implementation at Maple Leaf Foods Maple Leaf Foods is a Canadian food processing company with annual sales of $6.4 billion. In 2005, the company was selling their products under three brand names: Maple Leaf, Schneiders, and Dempsters. These were divided into two major groups, one of meat and meat products and one of bakery goods. In 1999, MLF started to use the Six Sigma system to better their products and production processes. Six Sigma is a system that allows companies to isolate the exact number of errors in their production, operating under the assumption that if it is possible to isolate an error it is possible to correct it.
Adrienne Bergen ECO 550 MANAGERIAL ECONOMICS AND GLOBALIZATION ASSIGNMENT 1 30 OCTOBER 2013 Multiple Regression. Kitchen Products, Ltd. is a regional distributor of the Kitchen Regal Bread Making Machine. The company wishes to assess the relative importance of price reductions versus an increase in personal selling efforts as means for enhancing product promotion. To this end, the company recently used a regression analysis approach to study the following monthly unit sales, price, and personal selling expense information for the Bozeman, Montana market: Unit Sales | Price | Personal Selling Expenses (PSE) | 132 | $74 | $1,140 | 203 | 74 | 1,400 | 217 | 55 | 1,160 | 255 | 53 | 1,210 | 252 | 64 | 1,490 | 239 | 70 | 1,460 | 152 | 75 | 1,200 | 197 | 58 | 1,020 | 230 | 65 | 1,390 | 154 | 61 | 1,040 | As a first step in the analysis, the company ran simple regressions of unit sales on each of the potentially important independent variables of price and personal selling expenses: The first simple regression equation is: Equation 1: SALES=371-2.59PRICE Predictor | Coef | Stdev | T ratio | P | Constant | 371.0 | 109.5 | 3.39 | 0.010 | Price | -2.587 | 1.676 | -1.54 | 0.161 | SEE = 40.94 R2 = 22.9% IP = 13.3% As a second step in the analysis, the company ran a second simple regression equation; the second equation is: Equation 2 : SALES = 5.9 + 0.158 SELLEXP Predictor | Coef | Stdev | t ratio | p | Constant | 5.89 | 90.10 | 0.07 | 0.949 | SELLEXP | 0.15764 | 0.07142 | 2.21 | 0.058 | SEE = 36.77 R2 = 37.8% R2 = 30.1% A. Based on these simple regression model results, does the potentially important independent variable affect unit sales?
Portion control is a critical part of our business. For example, each Filet-O-Fish sandwich receives 1fluid ounce of tartar sauce and 0.5 ounces of cheese. Our raw materials arc fabricated to exacting tolerances, and our managers check them on an ongoing basis. Our written specification for lettuce is over two typewritten pages long. Our French fries must meet standards for potato type, solid and moisture content, and distribution of strand lengths.