Chapter 04 Homework: Technology and Operations Management Assignment: Chapter 04 Homework: Technology and Operations Management Assigament Score: 0.00 : Questions Problem 4-30 Algo (Technology Decisions and Implementation) 4 Question 2 of 3 1. 2. 3. The Vera Molding company has two alternatives for meeting a customer requirement for 9,000 units of a specialty molding. If done in-house, fixed cost would be $408,000 with variable cost at $20 per unit. Alternative two is to outsource for a total cost of $80 per unit. a. What is the break-even quantity? Round your answer to the nearest whole number. units b. Should the firm make the 9,000 units in-house or outsource? Firm should produce the molding Chapter 04 Homework: Technology and Operations Management Assignment: Chapter 04 Homework: Technology and Operations Management Questions Problem 4-35 Algo (Technology Decisions and Implementation) 3. The selling price per box for Cynthia's Cookies is $20.38. Fixed costs are $75,000 and the variable cost per box is $9.70, a. What is the break-even quantify? Round your answer to the nearest whole number. boxes b. If sales last year were 9,000 boxes, what was the net profit? Round your answer to the nearest dollar. 5 hapter 04 Homework: Technology and Operations Management Hint(s) Questions Problem 4-27 Algo (Technology Decisions and Implementation) Question 1 of 3 1. 2. 3. 0 Southland Corporation's decision to produce a new line of recreational products has resulted in the need to choose one of two automated manufacturing systems based on proposals from two vendors, A and B. The economics of this decision depends on the market reaction to the new product line. The possible long-run demand has been defined as low, medium, or high. Based on detailed financial analyses of system costs as a function of volume and sales under each demand scenario, the following payoff table gives the projected profits in millions of dollars. a. Determine the best decisions using the maximax, maximin, and opportunity loss decision criteria. Using the maximax criterion, choose Using the maximin criterion, choose To minimize the maximum opportunity loss, choose demand is 0.65. What is the best decision using the expected value criterion? Round your answers to two decimal places. The expected payoff for Vendor A is $ million. The expected payoff for Vendor B is $ million