Friday, May 17, 2019

Operations Decision

Assignment 2 Operations Decision dramatise you have been hired as a managing consultant by a company to offer rough advice that will help it make a decision as to whether it should shut down completely or continue its trading operations. It currently uses 100 workers to produce 6,000 units of output per month (working 20 days / month). The daily employ (per worker) is $70, and the price of the firms output is $32. The cost of other variable inputs is $2,000 per day. You be told that the firms fixed cost is high luxuriant so that the firms total costs exceed its total revenue.The marginal cost of the last unit is $30. (Ch 7 & 8 to solve) This assignment allows you to de calline the specific details about this fictitious company in secern to conduct an environmental s smoke of this company. Write a three to four (3-4) page paper in which you 1. Briefly describe the details of the fictitious business that you created for this assignment. 2. Assess the current environmental scan f actors that are relevant to the decision making process.Determine the factors that will have the greatest impact on plant operations and managements decision to continue or discontinue operations. Provide a rationale for your determination. 3. mensurate the financial performance of the company using the information provided in the scenario. Consider all the key drivers of performance, such(prenominal) as company profit or loss for both the short term and long term and how each factor influences managerial decisions. Be sure to show the calculations that helped you reach your conclusions. . Recommend how the company can improve its profitability to deliver more value to its stakeholders. Then, develop a brief plan to tool the recommendations. 5. Assess the circumstances in which the company should discontinue operations and how management should react when confronted with these circumstances. Provide a rationale with your response. 6. Use at least three (3) high-quality academic re sources in this assignment. Note Wikipedia and other Websites do not qualify as academic resources.

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