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. ●
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Case Exercise – Polo Golf Shirt Pricing: Solution. The given table is completed as below: Quantity Price Total Revenue Marginal Revenue Variable Cost/Unit Total Variable Cost Price Reduction Marginal Profit/Unit Cumm. Marginal Profit 0 $50 $0 $0 $28 $0 1 $48 $48 $48 $28 $28 ($2.00) $20 $20 2 $46 $92 $44 $28 $56 ($2.00) $16 $36 3 $45 $135 $43 $28 $84 ($1.00) $15 $51 4 $44 $176 $41 $28 $112 ($1.00) $13 $64 5 $42 $210 $34 $28 $140 ($2.00) $6 $70 6 $40 $240
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Executive Shirt Company (ESC) is currently following a certain process that it had been using for a long time to produce regular shirts. The company’s manager has recently decided to add a new product to his company which is custom shirts believing that this will attract more profits to the company. To achieve this‚ the manager ordered a new cutting machine‚ asked two of his assistants to come up with different plans to implement the new product line and set only two constraints: 1. The Company should
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in Guadalajara‚ Mexico. The information we were given about Powershirts and the manufacturer is very limited‚ and we had no direct contact with management. The manufacturer has sold shirts in the Mexican market and has also sold men’s slacks in the United States under a label undisclosed to us. They can produce shirts in any color; sleeve length‚ weight‚ and can add a logo to their products. While we do not have specifics regarding plant capacity‚ financial resources‚ or cost information‚ we have
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* Nazal. Jerica * Sioco‚ John Kenneth I. INTRODUCTION What is interesting in this statement t-shirts? You will feel comfortable to wear it and can be paired with jeans as well. It also shows our personality in putting message on the shirt. We come up this product for fun‚ why again? It is because we can share our different ideas‚ design and to express our emotions. This shirt provides as a useful thing to us. As we all know clothes is a very important need of a person‚ this will serves
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Case analysis: executive shirt company OPERATIONS MANAGEMENT Case Introduction The Executive Shirt Company (ESC) has seen a recent dip in their profit and so they had decided to expand the company’s product line to take advantage of what he thought was a tremendous opportunity in the custom-size dress shirt market. Mr. Dwight Collier‚ Gen. Manager of Executive Shirt Company (ESC) is planning to introduce customized shirts in his current production facility since they can fetch 75% more
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Competition Team T-Shirt expects significant competition within the t-shirt industry. Some of the more prominent incumbents in this space include specialty retailers such as Urban Outfitters‚ mass retailers such as Target and Internet retailers such as Palmer Cash and Busted Tees. Although there is significant competition‚ Team T-Shirt is confident that its products occupy a gap created by the aforementioned competitors. Specifically‚ while all competitors are good at creating designs‚ either
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Mr. Lassiter has quite a dilemma on his hangs trying to figure out the correct number of shirts to buy to sell at an upcoming event. He buys the shirts in bulk and sells them at the price of $100 for a dozen‚ or $8.33 a piece‚ to vendors whom turn around and sell them for $10 apiece to event attendees. The only known number is 20‚000 tickets being sold in the standing area. The number of tickets sold in the grandstands he thought would be the following possibilities: 80‚000 tickets with a .26
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SOLUTION TO POLO GOLF SHIRT PRICING CASE EXERCISE Quantity Sold Uniform Price Total Revenue Marginal Revenue Variable Cost 0 $50 $0 $0 $28 1 $48 $48 $48 $28 2 $46 $92 $44 $28 3 $45 $135 $43 $28 4 $44 $176 $41 $28 5 $42 $210 $34 $28 6 $40 $240 $30 $28 7 $38.29 $268 $28 $28 8 $36.50 $292 $24 $28 9 $34.56 $311 $19 $28 10 $32.70 $327 $16 $28 11 $30.91 $340 $13 $28 12 $29.17 $350 $10 $28 13 $27.46 $357 $7 $28 14 $25.79 $361
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able to keep for the entire trip becomes a personal treasure; mementos of our life. After years of aging‚ through these items‚ we are able to piece together our childhood existence. For me‚ one of those items was my "lucky" t-shirt. The back-story to how I received this shirt is rather simple. As I recall‚ or more like from what I can remember‚ it was a frigid mid- January morning‚ but all I could think about was baseball. I was eight years old‚ but while most kids my age were thinking about building
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