Operations Decision Essay Example for Free

Operations Decision EssayThis file of ECO 550 subsidization 2 Operations Decision consists of1. Briefly describe the expound of the fictitious bank line that you created for this assignment.2. appraise the ongoing environmental read figure. Determine the factors that will have the greatest impact on plant operations and managements finis to continue or discontinue operations.3. Evaluate the financial death penalty of the social club using the information provided in the scenario. Consider all the drivers of performance, such as smart set profit or loss for both the short term and long term. Be sure to show the calculations that helped you reach your conclusions.4. press how the company can improve its gainfulness. Then develop a brief plan to implement the recommendations.5. Assess the luck in which the company should discontinue operations. Provide a rationale with your response.political economy General political economyAssignment 2 Operations DecisionAssume you have been hired as a managing advisor by a company to offer some advice that will help it contain a decision as to whether it should shut down completely or continue its operations. It currently uses one hundred workers to produce 6,000 units of takings per month (working 20 days / month). The daily wage (per worker) is $70, and the price of the firms output is $32. The approach of other multivariate inputs is $2,000 per day. You be told that the firms fixed cost is high enough so that the firms substance be exceed its total revenue. The marginal cost of the last unit is $30. (Ch 7 8 to solve)This assignment allows you to view the specific dilate about this fictitious company in order to conduct an environmental scan of this company. Write a three to four (4-5) page paper in which youBriefly describe the details of the fictitious business that you created for this assigFollow the link to get tutorial https//bitly.com/12AXeqzWhen your classes begin, you have to get acquai nted with your instructors. Make sure that you are aware of their office locations, hours of availability and how else to contact them. You must develop good relationships with your professors so that you will happen comfortable talking with them if you need help or an exception on a due date.Economics General EconomicsAssignment 2 Operations DecisionAssume you have been hired as a managing consultant by a company to offer some advice that will help it make a decision as to whether it should shut down completely 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 cost of other variable inputs is $2,000 per day. You are told that the firms fixed cost is high enough 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 spec ific details about this fictitious company in order to conduct an environmental scan of this company. Write a three to four (4-5) page paper in which youBriefly describe the details of the fictitious business that you created for this assignment. Assess the current environmental scan factors that are relevant to the decision fashioning process. Determine the factors that will have the greatest impact on plant operations and managements decision to continue or discontinue operations. Provide a rationale for yourdetermination. Evaluate the financial performance of the company using the information provided in the scenario. Consider all the key drivers of performance, such as company profit or loss for both the short 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 improve its profitability to deliver more value to its stakeholders. Then, develop a brief plan t o implement the recommendations. Assess the circumstances in which the company should discontinue operations and how management should react when confronted with these circumstances. Provide a rationale with your response.