...several subsidiary brands. The subsidiary brands include Justice, Maurice, Dressbarn, Lane Bryant, and Catherines. In 2012 the company celebrated its 50th year of nonstop business operation. The company’s stock market price rose from below $15 per share during January to $ 19.40 on December 7, 2012 (Bloomberg, 2012). The company combines colors and top quality materials in each Ascena product (Mehta, 1998). Ascena effectively engaged in customer-based marketing strategies (Luther, 2011). The company grew in size by acquiring Charming Shoppes. Consequently, the company’s desire to focus on its top selling brands, precipitated to weeding out previously lesser performance brands. The company plans to drop the lesser performing Charming Shoppes apparel brand, Fashion Bug brand. Likewise, the company is planning to sell another less performing Charming Shoppes brand, Figi’s. With the prior year’s acquisition of Charming Shoppes, Ascena becomes one of the largest apparel retail stores in the nation with an excess of 3,800 stores (Ascena Retail Group, 2012). Ascena’s current operating brands are the following: • Dressbarn opened its first store opened in 1962 by owner, Rosyln Jaffe. The clothes are geared toward the desires and needs of women in the 21st century. They offered the latest trends. • Maurices opened its first store in 1931 by owner, E. Maurice Labovitz. This brands offered apparel to females’ sizes 1 to 24 who are savvy, fashion conscientious...
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...McKinsey & Company McKinsey Problem Solving Test Practice Test © 2010 APTMetrics, Inc. Practice Test McKinsey Problem Solving Test – Practice Test Practice Test Overview and Instructions This practice test has been developed to provide a sample of the actual McKinsey Problem Solving Test used for selection purposes. This test assesses your ability to solve business problems using deductive, inductive, and quantitative reasoning. This practice test contains a total of 26 questions. The actual test contains 26 questions and you will be given 60 minutes to answer as many questions as possible. You will be presented with three scenarios based on actual McKinsey client cases. Information related to each scenario will be shown in text, tables, and exhibits. This information is presented in doublebordered areas and is distributed in sections throughout the scenario. The questions ask you to find the most appropriate answer to the problem as described using only the information presented. You should select one and only one answer to any question. While completing this practice test, do not use any electronic devices (e.g., calculator, computer) when performing calculations to answer the questions. Electronic devices will not be permitted to be used during the actual test administration. Also during the actual test administration, you may use all blank space in the test booklet as scratch paper to assist you in performing any calculations and recording any notes. No scratch...
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...Food Safety Bulletin Dona Eisenbart SCI/220 August 31, 2011 TP Narayan Food Safety Bulletin Hot Dogs Recalled Doe to E. coli By Dona Eisenbart. August 31, 2011- More than 75,000 packages of St. Johns beef hot dogs sold at local grocery stores in the San Diego County have been recalled due to possible E. coli contamination. The hot dogs were supplied by St. Johns packaging Company, and were sold throughout the county by Fatco, Lucky Stores, and Black Checker Foods. The USDA reports that routine testing at a San Diego Health facility revealed the presence of E. coli 0157.H7 bacteria and found the St. Johns Packaging Company to be the source. The USDA states that only five cases have been reported to have been hospitalized, however more than 100 cases reported ill. E. coli 0157.H7 is a potentially fatal bacteria that causes diarrhea, dehydration, and in the most serious cases, kidney failure. Children, the elderly, and those with a weak immune system are more likely to be effected. Officials say that the hot dog recall affects products sold in San Diego and the surrounding counties including Riverside, San Bernardino, and as far as Los Angeles. People should return any affected hot dogs to their stores for a full refund. For more information on the recall, contact the American Association of Poison Control at 1-800-222-1222. Common Safety Issues Related to Food Purchase, Storage, and Presentation Some common safety issues related to food purchase are not checking the...
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...Danielle Sone Mktg 370-03 12-26-13 805950938 Chi Flat Iron for Men Every morning men and women around the world are graced with the inherent ability of waking up with bed head. Bed head is hair that has been tousled from sleep. It begins from the moment we lay our head down on our pillow, and continues throughout the night as we toss and turn. After a couple hours, the chain reaction begins and a rat’s nest is formed into our hair the second our morning alarm goes off. For most, the solution to bed head is a simple shower. However, not everyone has the time to take showers in the morning. A majority of men and women take their showers the night before. For both sexes, washing your hair the previous night only enhances the likelihood of waking up with severe bed head. Males are often left in the dark when it comes to finding a cure for this morning ritual. Women on the other hand have already figured out a solution to this bed head problem, it is called The Chi Flat Iron. Now it is time for men to realize the benefits this tool can have for them as well. The Chi Flat Iron is a high-end salon model hair straightener that can turn the most brutal bed head into a work of art. Made in the USA, the Chi brand is designed by Farouk Hair Care Systems, a pioneer in the hair care industry. Farouk prides themselves on their ability to make quality hair care products utilizing some of the best technology available. The Chi Flat Iron is a prime example of one of their lines of hair care...
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...The three products/variables in this problem that must be considered for purchase are: x1: Pizza Slices x2: Hot Dogs x3: Barbeque Sandwiches The objective is for Julia to maximize profits. Julia’s goal is to earn a profit of at least $1,000.00 after each game. Profit = Sell – Cost Profit Function: Z = 0.75(X1) + 1.05(X2) + 1.35(X3) Constraints and Cost: The maximum amount of funds available for purchase is $1500.00 Cost per pizza slice = $0.75 because Julia purchases each pizza for $6.00 and there are 8 slices per pizza. Cost per hot dog = $0.45 Cost per sandwich = $0.90 LPP Model: Maximize Profit: Z= $0.75x1 + $0.45x2 + $0.90x3 < $1,500 Subject to 24x1 + 16x2 + 25x3 < 55,296 oven space x1 > x2 + x3 (changed to –x1 + x2 + x3 < 0 for constraint) x2/x3 > 2 (changed to –x2 + 2x3 < 0 for constraint) x1, x2, x3 > 0 Solve the LPM: Pizza(X1) = 1,250; Hotdogs(X2) = 1,250 and Barbecue sandwiches(X3) = 0 Maximum value of Z = $2,250 It would be in Julia’s best interest to stock 1,250 slices of pizza, 1, 250 hot dogs and no barbecue sandwiches as it will yield the maximum profit of $2,250.00 (B) Evaluate the prospect of borrowing money before the first game. I do assert that Julia should borrow money from her friend to increase her profits. The shadow price is $1.50 for each additional dollar Julia earns. The upper limit in the model that is given is $1,658.88. This means that Julia can borrow $158.88 from her friend, which will help her yield...
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...Charles V Sewell English 1539 Ms. Amanda Sevella Culture Is what brings friends, and family together, as far as me, and my friends we can’t wait for someone to say cookout then it’s on getting starting out is not as easy as it seems, cause it takes work, but once it is going it is fun, so there is a person seating around doing nothing having a boring time them an idea pops into some one’s head they are tired of being bored so nine times out of ten there is a barbeque pit seating or leaning on the side of the house so we have a pit to cook on, now someone will start calling friends we know asking about food manly chicken, hamburger meat hot dogs things that would be in the refrigerator, and do you want to throw them on the grill them on saying this is saying hey we are having a cookout you want a come put something on the grill play cards, card games, watch movies and just kick it, with us, if there not doing anything would they will be down for a cookout then call someone up to see if they have some stamps to sell most of the time in the hood stamps sell for half of their worth meaning 100 dollars in stamps is worth 50 dollars cash, and so on in the hood you can always find someone selling food stamps we used the stamps to buy potatoes, corn meal, macaroni and cheese manly the cheese Velveeta all real foods what I meaning I prefer to eat only real food not generic type food I am not rich or better them anybody else but I like Kraft foods, products, Hunts Ketchup, Nabisco...
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...The influential members of London’s elite society in the seventeenth – century viewed the consumption of hot chocolate and later solid chocolate treat that were sold in upscale boutiques as a sign of being prestigious. While doing the same time period America settlers pioneered were developing cheaper chocolate bars for consumption to the masses. Centuries passed, and in the 19th hundreds America pioneers grown tired of the taste of mass production chocolate and desired the taste of prominent chocolate. In 1911 Ethel’s Chocolate Lounges, whose named in honor of the matriarch of the Mars Family was founded with her husband Frank entered the chocolate market despite only a 3% growth in the U.S. Chocolate industry. The main reasons of the slow growth were the lack of industry innovation and the less desirable tasting chocolate. The creation of Ethel’s Chocolate Lounge took the existent markets and the original connection between chocolate and the elite social circles and turned it into the new must have. Ethel’s is an establishment that offers exquisite chocolates, in a posh, location. The consumer and the buyer would need to make sure that the purchase makes sense economically, and they would have the acquired taste to enjoy the variety of sweets and chocolates that Ethel’s has to offer. The consumer would have to engage in the extensive decision making would best determine whether or not they could indulge at Ethel’s. The products that Ethel’s is marketing are targeting...
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...outside the Tech stadium for the home football games, so she can make profit to finance a final year. Tech sells out every home game, and the one thing Julia knows from attending the every games, is that everyone eats a lot of food. She has a booth, and the booths are not very large. Vendors can sell either food or drinks on Tech property, but not both. Only the Tech athletic department concession stands can sell both inside the stadium. Then, she had a great idea, she thinks slices of cheese pizza, hot dogs, and barbecue sandwiches are the most popular food items among fans and so these are the items she would sell. A. Formulate a linear programming model for this case X1= the number of slices of pizza X2=the number of hot dog X3=the number of sandwiches The objective is to maximize total profit. Profit is calculated for each variable by subtracting cost from the selling price. For Pizza slice, Cost/slice=$6/8=$0.75 For hot dog= 1.50-0.45=1.05 For sandwishes=2.25-0.90=1.35 Maximize; Z = $0.75x1 + $1.05x2 + $1.35x3 Subject to: $0.75x1 + $0.45x2 + $0.90x3 = 2.0 X1, X2, X3 >= 0 Constraints; Cost $0.75x1 + $0.45x2 + $0.90x3 =2X3 A)- Yes, she should borrow money from friend; the dual value is $1.50 for each additional dollar. The upper limit of the sensitivity range for budget is $1,658.88, so she should only borrow $158 and her total profit would be $2...
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...so she started a food booth outside the Tech stadium selling Slices of cheese pizza, hot dogs, and barbecue sandwiches. This covers the items X1, X2, and X3 respectively. The costs of these items are $4.50, $0.50 and $1.00 respectively. As one knows the objective is to maximize Julia Robertson’s profit. The method of doing this is by evaluating subtracted costs from the selling price. Things to consider are constraints and the cost of everything involved. Being that cost always seems the most important this paper will start there. Profit on pizza slice = $1.50 - $0.75 = $ 0.75 Profit on hot dog = $1.50 – 0.45 = $1.05 Profit on sandwich = $2.25 - $0.90 = $1.35 The overall profit would be the following: Z=0.75 X1+ 1.05 X2 + 1.35 X3 Constraints: Budget Constraints would go as follows: 0.75X1 + 0.45X2 + 0.90X3 <=$1500 Space Constraints: Space available = 3 x 4 x 16 = 192 sq. feet = 192 x 12 x 12 =27648 sq. inches The oven will be refilled during half time. Thus total space available = 27648 x 2 = 55296 Space required for pizza = 14 x 14 = 196 sq. inches Space required for pizza slice = 196/ 8 = 24.5 sq. inches Total Oven Space required: 24.5 X1 + 16 X2 + 25 X3 Constraint: 24.5 X1 + 16 X2 + 25 X3 ≤ 55296 sq. Inches Another area to consider is the demand or potential demand for each item and what the availability is. Julia can sell at least as many slices of pizza as she is able to sell hot dogs and sandwiches represented by: X2 ≥2 X3 X2 - 2 X3 ≥ 0 LP programming model : Maximize...
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...RESTORING MEMORIES Going through high school in the early sixties, when gas was 17cents a gallon, almost every young man’s dream was to own the fastest, prettiest car or truck in school. As a result, the hobby of car restoration once reserved for the rich and famous has spilled over into the masses of the baby boomers. Back when only the elite took part in the restoration of fine cars, they hired professionals to do the actual work and had only antique and often very rare foreign cars restored. Since the baby boomers entered the scene, they restore their own cars, normally classic (50s to mid 60s) or muscle cars (late 60’s to mid 70s). Car restoration must be done in a specific order to avoid unnecessary expense and time consumption. The chosen vehicle must be completely dismantled and then reassembled, with all parts being either restored or replaced with a new or refurbished unit. The major processes are body and paint, interior detail, and mechanical work. The project normally starts at home in an oversized garage or in the back yard. The tedious, knuckle busting job of dismantling and marking parts takes several weeks and the body is normally taken to a reputable body shop where the art of steel welding and reworking is practiced with no body putty allowed. The body parts are repainted with several coats of high gloss lacquer paint. While the body parts are being attended to the car’s frame, wheels, and select metal trim are taken to a specialty shop where a process...
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...and $1260 in hourly wages for the 36 workers. This brings the total fixed cost per game to $26060 20000+4800+1260=26060 2. Portion of fixed costs allocated to each item sold. Soft drink sales 25% or $6515 Coffee sales 25% or $6515 Hot Dog sales 20% or $5212 Hamburger sales 20% or $5212 Miscellaneous snacks 10% or $2606 3. What unit of sales is required to achieve the breakeven point? Soft drinks cost $.75 and sell for $1.50, revenue from soft drinks $.75 per drink The breakeven point for soft drinks is 8687 drinks (6515/.75) Coffee cost is $.50 and sells for $2.00, revenue from coffee $1.50 per cup The breakeven point on coffee is 4343 cups (6515/1.50) A hot dog costs $.80 and sells for $2.00, revenue from each hot dog sold is $1.20 The breakeven point for hot dogs is 4343 hot dogs sold (5212/1.20) Hamburgers cost $1.00 and sell for $2.50, revenue from each hamburger sold is $1.50 The breakeven point for hamburgers is 3475 sold, (5212/1.50) Miscellaneous snacks cost $.40 and sell for $1.00, revenue from snacks is $.60 The breakeven point for snacks is 4343 sold (2606/.60) 4. What dollar amount of sales is required per item and in total to breakeven? Soft drinks 8687*$1.50 $13030.50 Coffee 4343*$2.00 $ 8686.00 Hot dogs 4343*$2.00 $ 8686.00 Hamburgers 3475* $2.50 $ 8687.50 Snacks 4343* $1.00 $ 4343.00 Total breakeven sales $43433.00 5. What are the realistic sales estimates per attendee necessary to breakeven. At 35000 attendees to break even...
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...John Doe English 112P 4 November 2009 Historical Perspective on The Hot Zone The Hot Zone by Richard Preston is a nonfiction book with aspects of a novel. Sometimes called a bio-thriller, it is about the Ebola virus in America. It was written to address a time of fear about viruses in the United States in a time of increased international interaction. Although its impact is negligible, it reflects the nervous attitude of the time. Richard Preston writes narrative nonfiction. Narrative nonfiction is a hybrid style of writing that utilizes the framework of nonfiction with aspects of a novel, dialogue, for instance. Preston favors this style and wrote his dissertation on it during his graduate studies in Princeton. Previously, Preston wrote non-fiction on science such as Astronomy and on History; later his focus shifts to the science of Microbiology. In 1992 Richard Preston wrote an article in The New Yorker, entitled “Crisis in the Hot Zone.” Two years later, this article became the foundation for his non-fiction book, The Hot Zone, which documents the appearance of Ebola in the United States during the late eighties. At the time The Hot Zone was conceived, free trade policies during President George H. W. Bush’s administration were still making an impact worldwide. Bush set forth global objectives, renewing an interest in globalization under the belief that a global market will alleviate America’s growing deficit. Furthermore, he spearheaded the construction of North...
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...Assignment 3 Julia’s food booth A).Formulate and solve a linear programming model for Julia that will help you advise her if she should lease the booth. X1=number of cheese pizza slices X2=number of hot dogs X3=number of BBQ sandwiches Julia Food Booth | | | | | | | | | | | | | | | | Products | Pizza X1 | Hot Dog X2 | Barb Sand X3 | | | | | Profit per unit | $0.75 | $1.05 | $1.35 | Resources | Constraints | | | | Avail | Usage | Left Over | | Budget (i) | $0.75 | $0.45 | $0.90 | 1500 | 1500 | 0 | | Oven Space (ii) | 24 | 16 | 25 | 55,296 | 50000 | 5296 | | Demand (iii) | 1 | -1 | -1 | 0 | -2.3E-13 | 2.27E-13 | | Demand (iv) | 0 | 1 | -2 | 0 | 1250 | -1250 | | | | | | | | | | | | | | | | | | Production | | | | | | | | Pizza | 1250 | | | | | | | Hotdogs | 1250 | | | | | | | Barbecue | 0 | | | | | | | Profit | 2250 | | | | | | | B). If Julia were to borrow money from a friend before the first game to purchase more ingredients, could she increase her profit? If so, how much should she borrow and how much additional profit would she make? What factor constrains her from borrowing even more money than this amount? Yes, Julia could increase her profit if she borrowed from a friend. The shadow price is 1.50 for each additional dollar that she earns. This was found by looking at the sensitivity analysis report from the computer solution output. The shadow...
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...Create a Hot Dog Proposal ECO 561 Create a Hot Dog Proposal Starting a business is not easy. It is important to know about the economy, supply, and demand. Elasticity of demand and the market structure are vital to the businesses success. Is the business a monopoly, monopolistically competitve, or oligopoly? Angie, the owner of Create a Hot Dog started her business with a vision that became a success. Create a Hot Dog was established in 2004 by owner Angie Smith. Angie had a vision to bring the popular hotdog back to life. She wanted an affordable and enjoyable place where customer could create his or her own foot long hotdog. The owner selected a location in a busy shopping center in Laguna area of Elk Grove. The menu included foot long beef hot dogs and a variety of toppings. There were no names for specific combos the customer would purchase his or her hot dog, chips, and a soda for $5. There is a condiment bar customer can add topping of his or her choice. The toppings include: mustard, ketchup, relish, onions, jalapenos, chili, bacon, cheese, and sour cream. On the first day of business more than 100 customers attended the grand opening. Angie was excited as this was a good way to start the new eatery. Create a Hot Dog made over $500 dollars in profit. The eatery averaged about 30 customers per day, which brought in about $4200 per month in profit. Two years later the eatery was doing well and Angie hired...
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...Wet to Dry Straightener A busy schedule can make any individual struggle to fit in getting ready for the day. For many women this involves taking a shower, putting on make-up, picking out an outfit, and styling their hair. This can be an incredibly difficult amount of tasks to complete in the morning especially if there are kids to get ready and to be out the door in time to make it for work. Luckily, there is a product to help alleviate the stress of styling hair in the early morning. The wet to dry straightener has all the capabilities of drying and styling into one device. The options and brands have various ranges and can make getting ready in the morning a breeze. The Wet to Dry Straightener The wet to dry straightener is designed to straighten hair while it is still wet. After finishing straightening the hair, the hair is left dry and straight without any additional hassles. There are many different brands that offer a wet to dry straightening experience. Some brands include: Remington, Babyliss, Conair, U9, among many others. They each have their own capabilities but they are unique because they eliminate the need for a blow dryer. Simply towel dried hair will suffice in order to achieve desired straight and dry results. Options for the wet to dry straightener vary and depend on the brand that is chosen. Wet to dry straighteners come with different temperature control options that can accommodate most hair types with temperatures reaching up to 425 degrees Fahrenheit...
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