George’s T-Shirts By Quantitative Analysis for Managers (MANA 6302 - NI) George Lassiter‚ a project manager for a defensive contract was also an owner for a successful side business of designing and manufacturing T-Shirts for special events for the past six years. He sold the T-Shirts to his vendors for $100 a dozen‚ while they sold them for $10 each making a profit of $1.67 on each shirt. This report is surrounded by a problem faced by George about decisions concerned about the appropriate
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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
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Executive Shirts Company Case Solution and Case Study Operations : Executive Shirts Company Assignment and Case Solution Show details of calculations and answers todescriptive questions on pages 2 to 8 of this handout. Also‚ please fill in numericalanswers for the questions in the table below. Question | Answer | (A) Regular Shirts | | Theoretical CT for Cutting Operation with L of 60 | 0.25 minutes | Theoretical CT for Cutting Operation with L of 10 | 0.56 minutes | Labor Content
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Memo To: Mr. Dwight Collier‚ General Manager – Executive Shirt Company‚ Inc. From: CC: Date: September 10‚ 2013 Re: Custom Shirt Production Planning Introduction Mr. Collier‚ per your request‚ I have analyzed Executive Shirt Company’s current production process in addition to evaluating both Mike and Ike’s recommended processes for custom shirt production. Elements considered during this analysis included: Process types‚ cycle time for the processes‚ process efficiencies‚ and costs.
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Business Plan | Custom Printed T-Shirts | University of Phoenix Online-BUS/210-Professor Baker | Cynthia Bryant/Student | 7/8/2012 | | Introduction The S.W.O.T Business Analysis Company I am writing about is a Custom T-Shirt company named Your T-Shirt. The reason this business was interesting to me was
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George’s T-Shirts Synopsis: George Lassiter was a project engineer for a major defense contractor. He had an interesting side business of manufacturing and designing T-shirts for rock concerts‚ sporting events‚ and fund-raising events. George sold the shirts to his regular crew of vendors for $100 per dozen‚ and these vendors sold the public for $10 per shirt. He wanted to sell his shirts on a rock concert that was going to be held in two months. He was sure that 20‚000 tickets
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OPERATIONS MANAGEMENT-1 EXECUTIVE SHIRT COMPANY Group Members: Introduction The executive shirt company is a well known brand in apparel industry having varieties of high quality standard size readymade shirts which were competitively priced also. Foreseeing the tremendous opportunity in custom shirt market‚ the general manager Mr. Dwight Collier decides to venture in to this new product segment. As the existing custom sized dress shirt market commanded a substantial high price of 75% more
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Outlet Shirts proudly offers the entire line of Port Authority Clothing. This product line is a staple of the corporate and casual wear we offer to our customers across all industries and for good reason. The more than 250 product available meet nearly any need and at a price that will leave you wondering how such quality is available at such reasonable prices. Our prices begin well below retail and then continue to decrease as the total amount on your order goes up‚ starting with free shipping on
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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
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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
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