Base case model The foundation of current policy is based on the analysis in table 1. We observe that the total costs for both classes are £6‚250. The analysis of existing model indicates that there are two controllable variables in yellow (booking level in both classes) and two uncontrollable variables in green (no-show %). Table Foundation of existing policy The available data indicates that current policy assumes some empty seats on the plane. As there is no immediate justification
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Breast Cancer Breast Cancer the words that most women dread to hear form their doctor. Breast cancer is a lump that forms in the breast area and sometimes can be a lump in the arm pit. As I do more research on breast cancer‚ I see that the lump in a malignant tumor that starts off in the cells of the breast. A malignant tumor is a group of cancer cells that can grow into surrounding tissues or spread to distant areas of the body. (Breast Cancer‚ 2012). There are several types of Breast Cancer
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again right after they leave the car wash. This customer preference is out of control of the Aalst management and therefore is no indicator of their performance at all. What does the variance report tell you about the managerial performance of the Aalst location? Price variance The first entry of price variance measures how much more gross profit was generated due to the fact that Aalst increased the sales revenues to € 11 and while assuming that the variable expenses stayed the same‚ namely €
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to internal economic forces by limiting expenses due to the fact that limited funds and controllable expenditures are the most easily manipulated items in any budget. Many organizations feel that salaries are the greatest controllable cost for the organization. However‚ "Colleges are faced with 3 types of costs: 1. uncontrollable costs‚ which include utilities‚ books‚ supplies‚ and equipment‚ 2. controllable costs‚ which include wages‚ salaries‚ and contracted services‚ and 3. mixed costs‚ which
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operations in its own market is always present. Cultural attitude is one that can’t be controlled but one can adapt to. 3. Give examples to show how an international business manager might manipulate one of the controllable forces in answer to change in the uncontrollable forces. Uncontrollable forces(External forces) : Physical‚ political‚ Sociocultural‚ Competitive‚ Economic‚ Socioeconomic‚ Distributive‚
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The decision process begins by precisely defining the problem or opportunity‚ along with the objectives and constraints.[4] Next‚ the possible decision factors that make up the alternative courses of action (controllable factors) and uncertainties (uncontrollable factors) are enumerated. Then‚ relevant information on the alternatives and possible outcomes is collected. The next step is to select the best alternative based on chosen criteria or measures of success. Then a detailed plan
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Introduction: Disney‚ the very word evokes magic in the minds of people young and old. As a brand that has catered to audiences since early 1923‚ it stands as a symbol of redemption from the mundane existence of daily life for people throughout world. Over the last few decades‚ the Walt Disney Productions Company has been in the industry of producing cartoons and quickly diversified into an array of operations‚ riding high on its brand equity. Most famous amongst its flagship projects have been
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Facts About Euthanasia 1. Definitions of Euthanasia and Physician-Assisted Suicide The term Euthanasia originated from the Greek word for "good death." It is the act or practice of ending the life of a person either by lethal injection or the suspension of medical treatment. Because of this‚ many view euthanasia as simply bringing relief by alleviating pain and suffering. The word has also been applied to situations when a decision is made to refrain from exercising "heroic" measures
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most useful measure for evaluating a manager’s performance in controlling revenues and costs in a profit centre is a. contribution margin. b. contribution net income. c. contribution gross profit. d. controllable margin. e. none of the above 3. Pentecost Corporation desires to earn target net income of $40‚000. If the selling price per unit is $30‚ unit variable cost is $24‚ and total fixed costs are $160‚000‚ the number of units
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Van Raemdonck‚ is also responsible for the performances of the locations as well as the distribution of the bonus pools‚ both being carried out after each quarter. The bonuses are exposed to subjective adjustments by Raemdonck‚ depending on what uncontrollable factors might effect the revenue dramatically (such as weather conditions or construction work close by) in order to avoid unfair bonus distribution. The bonus plan for the Aalst location The bonus for the Aalst location should have originally
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