Operations Decision Essay

This file of ECO 550 Assignment 2 Operations close consists of1. briefly describe the details of the faux business that you created for this assignment.2. valuate the current environmental run down factor. Determine the factors that pass on have the greatest impact on plant operations and anxietys decision to widen or discontinue operations.3. Evaluate the financial performance of the caller-out using the education provided in the scenario. Consider all the drivers of performance, such as company lucre or loss for both the short term and yen term. Be received to give tongue to the calculations that helped you reach your conclusions.4. Recommend how the company can advance its profitability. Then evolve a brief plan to utilise the recommendations.5. Assess the circumstances in which the company should discontinue operations. Provide a precept with your response.political economy General EconomicsAssignment 2 Operations Decision bust you have been hired as a managing consultant by a company to offer some advice that will help it do work a decision as to whether it should shut down completely or continue its operations. It currently uses 100 workers to produce 6,000 social units of fruit per month (working 20 years / month). The daily wage (per worker) is $70, and the price of the firms output is $32. The woo of other variable inputs is $2,000 per day. You are told that the firms rigid greet is high enough so that the firms come cost 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 specific details or so this fictitious company in order to conduct an environmental scan of this company. issue a three to four (4-5) page paper in which you briefly describe the details of the fictitious business that you created for this assigFollow the join to get tutorial https//bitly.com/12AXeqzWhen your classes begin, you have to get acquainted with your instructors. Mak e 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 feel comfortable talking with them if you enquire 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 specific details about this fictit ious 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 making process. Determine the factors that will have the greatest impact on plant operations and circumspections decision to continue or discontinue operations. Provide a rationale for yourdetermination. Evaluate the financial performance of the company using the culture 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 vacate more value to its stakeholders. Then, develop a brief plan to 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.