Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Accounting Expert

problem 1)a) prepare down the functions of Production and Operation Management?

b) describe the uses of Forecasting?

c) Sales of domestic water pumps manufactured by ABC Ltd, are given below. Develop equation for the line of best fit and give the forecast for the next 3 years.

Year       1998       1999        2000          2001          2002        2003      2004       2005       2006       2007
Sales       30           33           37             39                42           46          48          50           55           58

problem 2)a) Quarterly sales data for the past 2 years is shown below. Find out the seasonal factors and do regression analysis to forecast demand for the next 4 quarter

Period              1        2         3          4          5            6        7          8
Demand         300    540      885      580        416       760     1191     760

b)  Following are the cost and sales data of a manufacturer selling 3 products X, Y, and Z.

Product                       Selling Price/unit           Variable cost/unit    % of Rupee sales Volume
X                                               4                                       3                                       20
Y                                               5                                       4                                       40
Z                                                8                                      6                                       40

Annual capacity of the manufacturer is Rs.1500000 of total sales value. Annual fixed cost is Rs. 230000.

a) Find out BEP in terms of rupee sales volume and the contribution from the respective products that is available for recovering the fixed cost.

b) Profit/loss at 80% and 40% of the capacity abd the contribution available from the 3 products.

problem 3)a) Which are the factors affecting system capacity? Describe

b) A media centre should find out how many digital processes are needed to maintain the output of 200 good prints per hour. The set up and exposure can theoretically be done in 2 minutes per print, but operators are on the average only 90% efficient and in addition 5 % of the prints must be scrapped and redone. Also the processors can be utilized only 70 % of the time.

i) what is the required system capacity in prints per hour?

ii) What average output per hour can be expected from processor, taking its use factor and efficiency into account?

iii) How many processors are required?

c) A business man should decide whether to build the small capacity plant or a large capacity plant at a new location. Demand at the location can be either low or high with probabilities estimated at 0.4 and 0.6 respectively. If small capacity plant built and demand proves to be high businessman may select either to expand or not to expand with payoffs of 540000 and 446000 respectively. In case small capacity plant is built and the demand is low there is low, there is no reason to expand and payoff is Rs 400000

If large capacity plant is built and the demand is low choice is to do noting with pay off of Rs.80000 or to stimulate demand through intensive advertising. Response to advertising may either modest or sizeable with their probabilities estimated to be 0.3 and 0.7 respectively. If it is modest the payoff is estimated to be only Rs.40000 and the payoff grows to Rs.440000 if the response is sizable. Finally if a large capacity plant is built and demand turns out to be high the payoff is Rs.1600000. Draw the decision tree and find out whether the businessman must build a small capacity plant or a large capacity plant?

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M96466

Have any Question? 


Related Questions in Financial Accounting

Assignmentcomprehensive receivables problem connecticut inc

Assignment (Comprehensive Receivables Problem) Connecticut Inc. had the following long-term receivable account balances at December 31, 2006. Note receivable from sale of division $1,800,000 Note receivable from officer ...

Financial accountingi abc inc was incorporated on 11512

Financial Accounting I. ABC Inc. was incorporated on 1/15/12. Their corporate charter authorized the following capital stock: Preferred Stock: 7%, par value $100 per share, 100,000 shares. Common Stock: $1 par value, 500 ...

Select a violent female offender 2 pages bull describe the

Select a violent female offender 2 pages • Describe the violent female offender you selected. • Describe any social, environmental, psychological, and/or biological factors that may have contributed to the crime and expl ...

Financial accountingfinancial conditionbullfor this

Financial Accounting Financial Condition • For this discussion, assume the role of a financial manager in a company, and assume that you have just hired a new bookkeeper to join your team. You want to assess the new hire ...

Rob leslie induced people to invest their savings in a

Rob Leslie induced people to invest their savings in a business venture that he represented to be risky. Because the planned venture never became operational, Leslie never applied the investors' funds in the way he promi ...

Assignmenttask 1 accounting systemsbrave brands marketing

Assignment Task 1. Accounting systems Brave Brands Marketing is a well-renowned marketing organisation with a strong workforce of dedicated employees. However, the CEO has recently identified that many of his staff membe ...

Nmims global accessschool for continuing education

NMIMS Global Access School for Continuing Education (NGA-SCE)  Course: Financial Accounting and Analysis  _____________________________________________________________________________ Question1. Following information is ...

Business simulation tasksassessed task 1 financial

Business Simulation Tasks Assessed Task 1: Financial Analysis The Board of directors has asked you to perform a review of the financial performance and financial position of the business based on the company's 2032 finan ...

1 several people claim that letters of credit will soon be

1. Several people claim that letters of credit will soon be replaced by the concept of TradeCard. What is this product, and why do those people think it has such a bright future? 2. There are three types of hedges that a ...

The president of state university wants to forecast student

The president of State University wants to forecast student enrollment for this academic year based on the following historical data: year Enrollments 5 years ago 15,000 4 years ago 16,000 3 years ago 18,000 2 years ago ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen