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Wednesday, February 20, 2019

Operations Decision

Assignment 2 trading operations Decision Assume you have been hired as a managing consultant by a association to offer some advice that will helper it make a determination as to whether it should shut down alone or continue its operations. It currently uses 100 workers to produce 6,000 units of output per month (working 20 days / month). The daily wage (per worker) is $70, and the price of the firms output is $32. The woo of another(prenominal) variable inputs is $2,000 per day. You are told that the firms fixed constitute is high teeming so that the firms total costs exceed its total revenue.The marginal cost of the last unit is $30. (Ch 7 & 8 to solve) This assignment allows you to determine the proper(postnominal) details about this fictitious company in order to require an environmental scan of this company. Write a three to four (3-4) rapscallion paper in which you 1. Briefly describe the details of the fictitious cable that you created for this assignment. 2. Ass ess the current environmental scan factors that are relevant to the decision making process.Determine the factors that will have the greatest impact on congeal operations and managements decision to continue or collapse operations. Provide a rationale for your determination. 3. Evaluate the financial performance of the company using the information provided in the scenario. Consider all the key drivers of performance, such(prenominal) as company profit or loss for both the soon term and long term and how each factor influences managerial decisions. Be sure to show the calculations that helped you reach your conclusions. . Recommend how the company can correct its profitability to deliver more value to its stakeholders. Then, develop a instruct plan to implement the recommendations. 5. Assess the circumstances in which the company should chip off operations and how management should react when confronted with these circumstances. Provide a rationale with your response. 6. desi gn at least three (3) high-quality academic resources in this assignment. Note Wikipedia and other Websites do not qualify as academic resources.

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