manufactures and designs special events T-shirts. He has owned this lucrative T-shirt business for six years and designed T-shirts for “special events” such as rock concerts‚ major sporting events‚ and special fund-raising events‚ provided cleverly designed‚ well-produced‚ and reasonably priced products. His product was not endorsed by event sponsors. He sold the shirts to his regular crew of vendors for $100 per dozen‚ and these vendors sold the public for $10 per shirt. Apart from this he was distributing
Premium Cost Shirt Price
Executive Shirt Comapny Question # 1 The table for current production‚ Mike and Ike’s plan is given below: Current Process Mikes Plan Ike’s Plan Regular Shirts Regular & Custom Shirts Regular Shirts Custom Shirts Actual Cycle Time (min/shirt) 0.5 0.5 0.67 3.9 Manufacturing Lead Time (days) 12.25 2.06 12.58 0.41 WIP inventory (shirts) 11760 1980 9060 50 Production Capacity (Shirts/day) 960 960 720 123 Current Production(Shirts/day) 800 900 800 100 Capacity utilization 83.33% 93.75% 111.11%
Premium Capacity utilization Mathematics
What are the possible financial outcomes if George orders 5‚000 shirts‚ 7‚500 shirts and 10‚000 shirts‚ respectively? Based on the information given in the case‚ the expected number of attendees is: E(x) = 80‚000*0.25 + 50‚000*0.5 + 20‚000*0.25 = 50‚000 people Selling price per shirt: $100/12 = $8.33 Discount price: $1.5 Scenario 1: Assumption: George orders 5000 T-shirts; cost: $17‚750; the number of attendees buy his T-shirts are 5%‚ 10% and 15% respectively The possible financial outcomes
Premium Shirt
U.S Monetary Policy in 1995 When Alan Greenspan presented the Federal Reserve’s semi-annual report on monetary policy to the Subcommittee on Domestic and International Monetary Policy‚ the Committee on Banking and Financial Services‚ and the U.S. House of Representatives on February‚ Dr. Greenspan touted a cautionary yet favorable view of the U.S. economy. He states that "With inflationary pressures apparently receding‚ the previous degree of restraint in monetary policy was no longer deemed
Free Monetary policy Federal Reserve System Inflation
GEORGE‚ S T –SHIRTS The case about George’s T-shirts can be studied or analyzed by grouping the material into eight different categories. Introduction ● George Lassiter‚ a project engineer for a major defense contractor and also an entrepreneur who manufactures and designs special events T-shirts ● He has owned this lucrative T-shirt business for six years ● Designed T-shirts for “special events” such as rock concerts‚ major sporting events‚ and special fund-raising events. ●
Premium Management Marketing Shirt
The sea is … a lion’s roar a shark’s restaurant a quilt of blue a surfer’s paradise The sea is … a leaking ink cartridge the eyes of a fair haired child the sound of the crashing waves a shiny blue sheet hugging the shore a blue lagoon blue nothingness God’s tears a deadly suffocating machine a mermaid’s kingdom water‚ alive a flooded land occasionally death when oil tankers spill a fish’s home white horses riding on a blue carpet a bowl of salty water
Free Sun Light Sky
I get concerned about the social problems and discrimination‚ and that’s why choosing a text to develop in this project wasn’t an easy decision. However‚ after analyzing for several hours I made the decision and I chose the poem “The Song of the Shirt”‚ because I really enjoyed how throughout the last years‚ women have improved their role in our society‚ enforcing their rights. Through this project I’m interpreting a poem that makes reference to the song the women sang while sewing for many
Premium Woman Gender Feminism
T-shirt Travels The film ‘T-shirt Travels’ takes us to the Sub-Saharan African nation of Zambia‚ a country who in the 1960’s was know for having a thriving‚ domestic textile industry. As of late‚ with the countries immense amount of debt and the constant nagging of their creditors‚ such as the IMF‚ Zambia’s local economy has deteriorated and the textile industry has vanished. However‚ there is another issue present that has also contributed to the decline of Zambia’s economy: the second-hand
Premium Management Marketing Health care
George J Machange BUS METHODS Dr. Ramdas Case Study 2 : T-shirt Design I’m left with one semester of my MBA program and I am looking to paying back some hefty students loans. Even though I had to borrow money to complete the program‚ I thought it was a worthwhile investment. Nonetheless‚ I would like to repay some of my loans before graduating‚ if at all possible. I had recently taken entrepreneurial and small business classes and decided to put some of my knowledge to work. I suspect that a
Premium Handedness Left-handedness Shirt