Write a short memo to ralph sampson defining the analysis, Ask an Expert

Management Studies

Westfield Corporation makes two dissimilar boat anchors - a traditional fishing anchor and a high-end yacht anchor - utilizing the same production machinery. The contribution edge of the yacht anchor is three times as high as that of the other product. The company is presently operating at full capacity and has been doing so for nearly two years. Ralph Sampson the company's CEO needs to cut back on production of the fishing anchor thus that the company can make more yacht anchors. He utters that this is a no-brainer for the reason that the contribution margin of the yacht anchor is so much higher.

Instructions

Write a short memo to Ralph Sampson defining the analysis that the company should do before it makes this decision as well as any other considerations that would affect the decision

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9373606

Have any Question?Write your Review or question?

Related Questions in Business Management

Do you all see leadership roles as being more challenging

Do you all see leadership roles as being more challenging in light of global health care growth? Do you see more networking being sought to bridge these isolated organizational issues?

In the population below what is the prevalence of

In the population below. What is the prevalence of hypertension among those who are not obese? Hypertension No Hypertension Total Obese 8254 1120 9374 Not Obese 3152 6374 9526 Total 11406 7494 18900

How could legislation impact on operations within your

How could legislation impact on operations within your organisation in relation to innovation, project management, and operational planning? Briefly outline any relevant requirements (e.g. intellectual property, WHS).

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Many companies have codes of ethics to guide managers in

Many companies have codes of ethics to guide managers in their decision making. However, the evidence indicates that few people rely on a company code of ethics in their decision making. Are the codes valuable? Should co ...

How is it that a persons mental map impacts the ability of

How is it that a persons "mental map" impacts the ability of a leader to align the organization with the vision of the organization.

Suppose demand and supply are given byqdxnbsp 14 - 05

Suppose demand and supply are given by: Q d x = 14 - 0.5 P x and Q s x = .25 P x - 1 a) Determine the equilibrium price and quantitiy. b) Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium ...

Compare and contrast replacement charts and succession

Compare and contrast replacement charts and succession planning?

You have now had an introduction to organizational behavior

You have now had an introduction to organizational behavior, scientific management, the human relations school and other classical ways of looking at people in organizations. Focus your discussion on the following: What ...

Why is formative evaluation importantprovide at least three

Why is formative evaluation important? Provide at least three reasons for using it. What is the difference between formative and summative evaluation? Provide any two types formative evaluation and two types of summative ...

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

Recent Questions

Ask Business Management Expert