MERTON TRUCK COMPANY Sol 1 : Given : Selling Price od Model 101 truck : 39000 Selling Price of Model 102 truck : 38000 We know‚ Contribution C = SP – VC VC for Model 101 : Direct Material + Direct Labor + Variable Overhead : 24000 + 4000 + 8000 = $36000 VC for Model 102: Direct Material + Direct Labor + Variable Overhead : 20000+ 4500+8500 = $33000 Let no of Model 101 produced be X Let no of Model 102 produced be Y Z= (39000-36000)X + (38000=33000)Y Z=3000X + 5000Y
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equipment? Each business owner’s situation is different. The decision to buy or lease business equipment is unique. It must be made on a case-by-case basis. Leasing equipment preserves capital giving the business more flexibility. While leasing can be good in the short run it can cost you more in the long run. We will look at the advantages and disadvantages of leasing. My research will look at the different options a company faces if they lease or buy and why it has become more attractive to lease.
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MERTON TRUCKS COMPANY Keeping 3000$ and 5000$ as unit contributions respectively for Model 101 and Model 102 trucks‚ formulate the Merton’s product mix decision problem using LP. Present the LP problem in the standard form including all the details and units. Using solver‚ find the optimal product mix of these two trucks? What is the optimum total contribution that Merton can obtain? Tabulate‚ the optimality range for the decision variable coefficients and comment what will happen if the current
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is paid in full. Similarly‚ leasing is a method of financing the acquisition of capital equipment where the user (lessee) of the equipment selects the equipment and is allowed to use the equipment during the period of the lease by paying a predetermined lease rental. The legal ownership continues to vest with the leasing company (lessor). The main difference between the hire purchase and leasing relates to the ownership and accounting treatment. While in the case of lease the ownership of the
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Journal of Knowledge Management Practice‚ Vol. 12‚ No. 3‚ September 2011 A Study Of The Predictive Effect Of Pre-Service Teacher Personal Knowledge Management Competency On Their Instructional Design Skills Eric Cheng‚ The Hong Kong Institute of Education‚ Tai Po‚ Hong Kong ABSTRACT: This paper aims to examine the relationship between the personal knowledge management (PKM) competency of pre-service teachers and their instructional design skills. Supporting the sustainable development
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Mitigation Strategies and Solutions Final Project: Energy conservation is a process that every one in the world should be aware of not just for the rising cost of energy that is used by the consumer‚ but also the destruction that it can stop on the earths resources. Energy conservation is the reducing or eliminating of unnecessary energy use and waste by decreasing the quantity of energy used for achieving the same outcome. There are many tools that can be used for energy conservation Focus
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EPGP-05-130 Merton Truck Company Top Management of Merton Truck Company is planning to revisit the current product mix of the company involving two models of trucks M101 and M102 as the President of the company feels that M101 truck is not contributing to company’s profit. She also feels that purchasing engines from an outside supplier may be a good option as it eases the capacity problem in the engine assembly department. Manufacturing of the trucks are carried out in a three stage
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Case solution: Ethical Dilemma What course themes do you see present in the case? Experimental exercise Who Can Catch a Liar is about emotional intelligence and its effect on the productivity of the workers at workplace. Human have inherited the ability to respond various stimulus differently. Being differs from each other in terms of their personality‚ behavior‚ needs‚ wants‚ demands and expressing their emotions at different situation. Emotional intelligence is the ability of the person to know
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Food Transportation Climbing onto a vehicle (truck‚ forklift etc.) There are several reasons from which one personnel might be climbing onto a truck. These may include: adjusting loads or tarps‚ fixing lights or even fixing wipers on the windshield of the vehicle. One of the ideal options is to secure the load or tarps from the platform or at the height of the cargo area. In the event that this may be deemed impractical the trucks should incorporate properly designed footsteps and handholds to
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The Future of Leasing Based on the analysis of Vinod Kothari (1998)‚ leasing was a potential boon for small and medium-sized businesses in Thailand. In his web site‚ an article published on Bangkok Post in 1998 and the Research Department of Bangkok Bank provided bright‚ positive future for local leasing business due to curtailment of credit by commercial banks and other financial institutions as a result of financial crisis. Kothari (1998) further stated that the percentage share of credit extended
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