the farm as its investment? | AREAS OF CONSIDERATION | 1. Favourable increase in present Farm Commodity Prices 2. Profitability of the Farm 3. Appreciation of Farmland 4. Distance 5. High Liquidity that is available for credit | ALTERNATIVE COURSES OF ACTION | 1. Retain the farm land as investment | | ADVANTAGES | DISADVANTAGES | | 1. Favorable Price Fluctuation 2. Profitable farm 3. High Appreciation of Farmland | 1. Huge Distance from farmland to workplace2
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Rs. 30000 for 10000 direct labour hours Fixed overheads: Estimated at Rs. 50000 for 50000 normal working hours. Calculate the cost of Job No. 101 and calculate the price to be charged so as to give a profit of 20% on selling price. Batch costing A customer has been ordering 90000 special design metal columns at the rate of 18000 per order during the past years. The production cost comprises of Rs. 120 for material, Rs. 60 for labour and Rs
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said, "Saturday Luncheon Menu." Apparently dinner begins at 4:00 P.M. at the Berghoff. Thinking that the prices were lower than I had remembered for past dinners at the Berghoff, I requested a Saturday dinner menu and compared some prices with the following result. The luncheon menu had prices for Sauerbraten, Weiner $chnitzel, and Johannisberg Riesling by the glass with the following prices respectively $11.75, $12.50, and 5.25. The dinner menu had the same items for $12.95, $13.95 and $5.50 respectively
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poor performance. Buy 4 Less is looking for Happy Chips to increase deliveries by one per week to ensure no stockouts occurred, install an automated order inquiry system costing $10,000 to increase customer service responsiveness, and to decrease prices by five percent. Happy Chips management decided to complete a segment profitability analysis to see where they may be able to increase company profits. Through extensive research the paper shows that out of the three segments Buy 4 Less was losing
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Less For Fashion Questions For Discussion 1.Which of the different product mix pricing strategies discussed in the text applies best to payless's new strategy? The strategy for setting a product's price changes when the product is the part of a product mix. Mostly,firms look for a set of prices that maximizes the profits on the total product mix where pricing is difficult because the various products have related demand and costs and face different degrees of competition. There are five different
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993,423 |$10,690,072 | A popular product line offered by Samuel’s Electronics is high definition LCD televisions. Driven by a combination of manufacturing efficiencies and competition from budget brand manufacturers, HDTV retail prices continue to fall each year, now bringing large LCD and plasma models within reach for mainstream shoppers. A popular brand that Samuel’s Electronics carries is the LG Electronics LG70 series. The LG70 series is a premium line of LCD televisions
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Introduction This report has been design to identify some of the major issues within Cyclermate Ltd. This report of mine consists of a SWOT and PEST analysis on the chosen organisation. The report will include a brief summary on how business used to be operated including production and Human Relation. The report will also include a brief summary on the financial side of the business. The report will include brief summary about the company’s marketing structure. Recommendation and conclusion will
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UNCERTAINTY AND DECISION MAKING In many countries, the majority of the consumers pay a fixed price per unit of electricity used regardless of when their consumption occurs. However, the costs to produce electricity vary a lot at different times of the day. Electricity cannot be stored. It must be generated and supplied to each customer as it is called for instantly, day or night, in extremely variable quantities. In virtually all power systems, electricity is produced by generators that are dispatched
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and design a product , it costs to distribute a product and costs to promote it. Price must support these elements of the mix. Pricing is difficult and must reflect supply and demand relationship. Pricing a product too high or too low could mean a loss of sales for the organization. Pricing should take into account the following factors: 1. Fixed and variable costs. 2. Competition 3. Consumers To price this product we are going to use the cost based pricing method. The procedure of this
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goods, manufactures and food. The country is small, unable to affect its terms of trade; we will assume that it exports manufactures and imports food. Thus the country sells its manufactures to the world market at a given world price P * and buys food at a given world price P * . M F Figure 1 illustrates the position of this country in the absence of a tariff. The economy produces at the point on its production possibility frontier that is tangent to a line with slope -P * >P * , indicated by Q 1
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