Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in this and in all future rounds. (Refer to the TQM Initiative worksheet in the CompXM Decisions menu.) Looking at the Round 0 Inquirer for Andrews, last year's sales were $163,189,230. Assuming similar sales next year, the 3.0% increase in demand will provide $4,895,677 of additional revenue. With the overall contribution margin of 34.1%, after direct costs this revenue will add $1,669,426 to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $2,000,000 TQM investment, rounded to the nearest month? A) 5 months B) TQM investment will not have significal financial impact C)10 months D) 14 months.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93124845

Have any Question?


Related Questions in Operation Management

Exercise health care supply chain managementappraise and

Exercise Health Care Supply Chain Management Appraise and evaluate the integration of population, patient, process, and profitability (net margin for NFPs) information in solving community health challenges and/or strate ...

Choose one item from the following list that you understand

Choose one item from the following list that you understand well enough to evaluate. Develop several criteria of evaluation that you could defend to distinguish excellence from meritocracy in the US area. Then choose an ...

Remedies for breach reefpoint brewhouse in racine wisconsin

Remedies for Breach. Reefpoint Brewhouse in Racine, Wisconsin, contracted with Forman Awnings and Construction, LLC, for the fabrication and installation of an awning system over an outdoor seating area. After the system ...

Explore your own case in point identify the appropriate

Explore your Own Case in Point: identify the appropriate Global Entry Strategy for your Chosen Company After reading this chapter you should be prepared to answer some basic questions about your target company. Criticall ...

Vidoe title - eb4 presentation 01 exposure review

Vidoe Title - EB4 Presentation 01: Exposure Review (Youtube) Begin reviewing the video presentations in the week one lesson on business relationships. Pay special attention to Presentation 01 - Review to recap many of th ...

1 explain in your own words why this is an effective

1. Explain in your own words why this is an effective guideline for SPC (Statistical Process Control). DETECTION RULE ONE: a lack of control is indicated whenever a single point falls out-side the (three sigma) control l ...

Sociologyerving goffman coined the term ldquoimpression

Sociology Erving Goffman coined the term “impression management” to refer to the process whereby we alter our presentation of the self in order to satisfy specific audiences. Consider your own experiences with impression ...

1 identify the prominent features of the companys current

1. Identify the prominent features of the company's current business and functional strategies, and consider the Best Buy family of complementary products and services. How has the company's strategy fostered the develop ...

Strategic perspectives in the retail industry1 do technical

Strategic Perspectives in the Retail Industry 1. Do technical advances brought on by innovation represent a threat or an opportunity? Why? 2. You are to research and highlight an article which discusses how a new innovat ...

Essayon july 1 1993 the day of his tenth birthday juan lost

Essay: On July 1, 1993, the day of his tenth birthday, Juan lost the sight in his right eye because a soft drink bottle exploded. The drink was bottled on December 23, 1992, and Juan's parents purchased it on July 1, 199 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As