Business
Question:
QUESTIONS 1.  If your business has constraints on external financing, as a new business or a long standing business, could the owner or senior management use the processes of Zero Based Budgeting to justify each function and job in one or many areas using what I call a  “good/better/best” approach to providing services to internal or external customers?   >In other words, do we need to budget the most and best resources to do everything for everyone – customer facing, or internally – in the fastest time possible at the highest quality level, or is a good turnaround at a good or adequate level OK for some tasks, better for some tasks, and best for some tasks?  >>What is an example of an activity that should be resourced at the “best” level? >>What is an example of kind of activity should be staffed at the “good” level? 2. If based on a SWOT analysis the owner or senior management sees that one or more functions of the business will need to undergo some significant change to ramp up or ramp down resources to deal with changes, would it be beneficial to use Zero Based Budgeting?  Why or how so or not? 3. Can we use the processes from Zero Based Budgeting to move resource $ from one department to another?  Like can we reduce one accounts payable clerk we do not really need and use the savings to buy more advertising? What do you think?

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Business
Question:
11. Mountain Ski Sports, a chain of ski equipment shops in Colorado, purchases skis from a manufacturer each summer for the coming winter season. The most popular intermediate model costs $150 and sells for $260. Any skis left over at the end of the winter are sold at the store’s half-price sale (for $130). Sales over the years are quite stable. Gathering data from all its stores, Mountain Ski Sports developed the following probability distribution for demand: DemandProbability 1500.05 1750.20 2000.35 2250.30 2500.10 The manufacturer will take orders only for multiples of 20, so Mountain Ski is considering the following order sizes: 160, 180, 200, 220, and 240. a. Construct a payoff table for Mountain Ski’s decision problem of how many pairs of skis to order. What is the best decision from an expected value basis? b. Find the expected value of perfect information. c. What is the expected demand? Is the optimal order quantity equal to the expected demand? Why?

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Finance
Question:
Breakeven analysis can be used to study the effects of a general expansion in the level of the company’s operations. analyze the consequences of the investment in new fixed equipment when modernizing or expanding. evaluating the benefits or consequences of investing in a new product line or a new project. determine how large the sales of a new product must be for the company to be profitable. All of the answers shown. Flag this Question Question 295 pts If a company is operating at its operating breakeven point, profit must be greater than zero. total fixed costs must be less than total variable costs. None of those shown. total revenues must be greater than total cost. total revenues are equal to total cost. Flag this Question Question 305 pts Seth, Inc. isplanning to sell 50,000 flashlights. Variable costs are $2.50 per flashlight, and operating fixed costs total $100,000. At what price must each flashlight be sold to achieve an operating profit (EBIT) of $90,000? $4.20 $4.50 $6.30 None of those shown $3.80

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