...Number of seats 90 average load factor 70% Average full passenger fare $160 Average variable cost per passenger $70 Fixed operating cost per month $3,150,000 A) what is the break-even point in passengers and revenues per month? Passengers 35,000 and the Revenue is $5,600,000 B) What is the break-even point in number of passenger train cars per month? Passenger train cars are 556. C) If Springfield Express raises it average passenger fare to $190, it is estimated that the average load factor will decrease to 60%. What will be the monthly break-even point in number of passenger cars? Passenger train cars would be 648 D) Calculations contribution margin per passenger =passenger fare $160 - variable cost per passenger $70 $90 Contribution margin per unit is the difference between the selling price per unit and the variable cost per unit. Breaking -even point in units (tickets sold) = Fixed costs $3,150,000 / Contribution margin per unit $90 35,000. Break-even point in dollars = Fixed costs $3,150,000 / Contribution margin ratio .5625 $5,600,000. Contribution margin ratio = unit contribution margin $90/ unit selling price $160 0.5625. Contribution margin ratio is the portion of a unit's selling price that exceeds total unit variable cost. Average number of passengers per car = seats 90 x average seats filled (load factor) 70% 63 Number of cars needed to transport passengers per month = total passengers 35000/number of passengers per car...
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...OPERATION RESEARCH Credits: 4 SYLLABUS Development Definition, Characteristics and phase of Scientific Method, Types of models. General methods for solving operations research models. Allocation: Introduction to linear programming formulation, graphical solution, Simplex ethod, artificial variable technique, Duality principle. Sensitivity analysis. Transportation Problem Formulation optimal solution. Unbalanced transportation problems, Degeneracy. Assignment problem, Formulation optimal solution, Variation i.e., Non-square (m x n) matrix restrictions. Sequencing Introduction, Terminology, notations and assumptions, problems with n-jobs and two machines, optimal sequence algorithm, problems with n-jobs and three machines, problems with n-jobs and m-machines, graphic solutions. Travelling salesman problem. Replacement Introduction, Replacement of items that deteriorate with time – value of money unchanging and changing, Replacement of items that fail completely. Queuing Models M.M.1 & M.M.S. system cost considerations. Theory of games introduction, Two-person zero-sum games, The Maximum –Minimax principle, Games without saddle points – Mixed Strategies, 2 x n and m x 2 Games – Graphical solutions, Dominance property, Use of L.P. to games, Algebraic solutions to rectangular games. Inventory Introduction, inventory costs, Independent demand systems: Deterministic models – Fixed order size systems – Economic order quantity (EOQ) – Single items, back ordering...
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...Schools by Location Pick a State ==>> Operations Management MBA Programs R e que st inform a tion from the top O nline and Ca m pus O pera tions Mana ge m e nt schools in the country. Specialized MBA Programs General MBA Programs Accounting Programs Finance Programs Health Care Management Programs Human Resource Programs Marketing Programs Project Management Programs Public Administration Programs Operations Management Programs Technology Management Programs Operations MBA Programs Le arn wha t typica l sala rie s a re for O pe ra tions Ma na gem e nt ca re ers a cross the state s. Typical Career Salaries for MBA graduates With a Global marketplace increasing levels of competition, organizations need to be fiercely efficient and effective in their efforts to gain their share of profits. Operations Manager career prospects appear relatively bright. How ever, growth for this occupation should only mimic growth in the careers the Operations Managers oversee. Operations Manager salaries are going to be seeing the greatest rise. Along with competition in other industries comes a need for the most competent and highly trained. A valuable Operations Manager is current with technological advancement as well as skilled in the area of creating successful business strategies w hen it comes to quality management and continuous improvement of operations. Based on other industrys' benchmark strategies and sound business theory, the Operations Manager is expected to be able...
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...involve helping or providing service to others. Enterprising Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business. Your Career Matches ... Office and Administrative Support Explore Jobs Eligibility Interviewers, Government Programs Executive Secretaries and Executive Administrative Assistants Municipal Clerks Human Resources Assistants, Except Payroll and Timekeeping First-Line Supervisors of Office and Administrative Support Workers Loan Interviewers and Clerks Freight Forwarders Proofreaders and Copy Markers Brokerage Clerks Legal Secretaries Credit Authorizers Billing, Cost, and Rate Clerks Bookkeeping, Accounting, and Auditing Clerks Patient Representatives Statistical Assistants File Clerks Procurement Clerks Computer Operators Bioinformatics Technicians Explore Degree Options Associate of Arts with a concentration in Foundations of Business Bachelor of Science in Business with a Concentration in E-Business Associate of Arts with a concentration in Accounting Page 1 866.766.0766 | phoenix.edu Desktop Publishers Business and Financial Operations Explore Jobs Loan Officers Equal Opportunity Representatives and Officers Personal Financial Advisors Credit Analysts Insurance Underwriters Loan Counselors Tax Examiners and Collectors, and Revenue Agents...
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...Dioxide System V. Gas Detection System VI. Fire Alarm System VII. Industrial Safety VIII. Emergency Lightning System IX. Consultancy and services for all types of establishments MASTER OF BUSINESS ADMINISTRATION – HOTEL & TOURISM MANAGEMENT FIRE OUT MANUFACTURING AND TRADING COMPANY UNDERTAKE THE FOLLOWING SERVICES WHICH COME AS PACKAGE DEAL: I. Hazard Analysis Design as per specific requirement. II. Computer Generated hydraulic calculations. III. Engineering work and submittal preparation. IV. Installation of the system supply. V. Testing and commissioning of the systems install. VISION “Serving towards a conflagration free environment for Nation’s Safety, Security and Progress.” MISSION “To provide clientele an innovative, quality and reasonable cost Fire Protection Equipment, Designs, Consultancy and Services to achieve a safe and protected equipment.” OBJECTIVES “To surpass clientele’s expectation by providing quality reliable products and services coupled with outstanding customer service. Providing an appropriate and innovative Fire Protection Products and Services now and into the future of fire safety requirements and to provide technical support, consultancy and training that will empower our clientele to maximize our offered products and services.” MASTER OF BUSINESS ADMINISTRATION – HOTEL & TOURISM...
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...Social Service Specialists Explore Jobs Probation Officer Medical / Clinical Social Worker Academic / Guidance Counselor Career Counselor Vocational Rehabilitation Counselor Family / School Social Worker Health Educator Social / Human Service Assistant Mental Health / Behavioral Counselor Family / Behavioral Therapist Substance Abuse Counselor Explore Degree Options Bachelor Of Science In Psychology Master Of Science In Psychology Bachelor Of Science In Human Services/Management Bachelor Of Science In Human Services Master Of Science In Counseling/School Counseling Bachelor Of Science In Business With A Concentration In Human Resource Management Human Resource Management Certificate Graduate Human Resources Management Certificate Master Of Business Administration With A Concentration In Human Resource Management Licensed Practical Nurse/Licensed Vocational Nurse To Bachelor Of Science In Nursing Master Of Science In Nursing/Nurse Education Master Of Health Administration/Education Master Of Science In Nursing/Master Of Business Administration/Health Care Management Master Of Science In Nursing Graduate...
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...of New South Wales The University of Newcastle The University of Sydney University of Technology, Sydney University of Western Sydney University of Wollongong Williams Business College NORTHERN TERRITORY Charles Darwin University QUEENSLAND Australian Catholic University Bond University Central Queensland University Christian Heritage College Griffith University James Cook University Queensland University of Technology The University of Queensland The University of Southern Queensland University of the Sunshine Coast SOUTH AUSTRALIA Flinders University Kaplan Business School The University of Adelaide University of South Australia Open Universities (conferred by Uni of SA) TASMANIA University of Tasmania VICTORIA Australian Catholic University Cambridge International College Carrick Higher Education Deakin University Holmes Institute Holmesglen Institute of TAFE La Trobe University Melbourne Institute of Technology Monash University Northern Melbourne Institute of TAFE RMIT University Swinburne University of Technology The University of Ballarat The University of Melbourne Victoria University WESTERN AUSTRALIA Curtin University of Technology Edith Cowan University Murdoch University The University of Notre Dame Australia University of Western Australia SINGAPORE Nanyang Technological University Singapore Management University Page 3 3 3 3 3 4 4 4 4 4 5 5 5 6 6 6 7...
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...Postgraduate Web Edition Updated 28 July 2015 Be true to you 2 Join a Global Learning Community Create a Successful Future with an MBA Program from RMIT Explore Your Study Options This brochure outlines programs offered by the Graduate School of Business and Law at RMIT’s City campus in Melbourne. Graduate School of Business and Law The Graduate School of Business and Law offers business management and law programs for business and non-business graduates. RMIT MBA programs are offered face-to-face at the Melbourne City campus, online through Open Universities Australia, and also at RMIT Vietnam. RMIT also offers global intensive study opportunities in Europe and Asia. No matter where or how you choose to study with RMIT, you will receive an internationally recognised qualification. Profile Looking to make the change from tennis coach to business leader, Nicholas Bartholomeusz chose to study an MBA to develop a solid understanding of business fundamentals. “RMIT’s program is tailored towards producing managers equipped with the skills to lead, so it was my first choice. Classes are designed to foster a range of learning styles and include plenty of both theory and application opportunities.” Nicholas Bartholomeusz (cover) Master of Business Administration (MBA) Which MBA Program? Most classes for Melbourne-based students are offered in either the award-winning Swanston Academic Building or the Emily McPherson College Building, which features the latest in multimedia technology,...
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...responsibility, time management, and work ethics are all attributes that are the result in earning a Masters degree. “Attaining a higher degree produces an increased ability to work in groups, work under pressure, and the ability to complete projects on time and within certain criteria.” (Levin, 2009) Levin relates these attributes to graduate students in accredited Masters of Business Administration programs. My personal goals involve attaining a position within my career that reflects my abilities, intellect, and potential. My family, career status, and self actualization are all influences that have made my decision to earn a Masters in Business Administration. My family is the most important aspect of my life and earning a higher level of education will provide more opportunity for me to work in executive positions which will provide more income and time to experience life with my family. The career path that I hope to attain involves leading large groups of professionals all of whom already hold both degrees of Masters and Doctorates of Science in our field of healthcare. Earning a degree in the healthcare field provided me with training and experience necessary to work along side the majority of employees, while earning a masters degree in business will provide me with an opportunity to work in executive management within the healthcare field. I will have respect of experience as I have worked in the field as a health care provider and with education in business I will have...
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...management #gobeyond Programa Diversidad Madrid Carreras master in Admisiones Especializaciones Formato Perfil Duración Convocatorias Idiomas DE UN VISTAZO A tiempo completo Universitarios recién graduados, entre 0 y 2 años de experiencia profesional 10 meses* Febrero y Septiembre Inglés, Español o Bilingüe Proceso de admisión continuo, sin fechas límite Madrid www.ie.edu/es/master-management master-international.blogs.ie.edu Diversidad Madrid P eriodo de Admisión Carreras Campus Url Blog: *Beyond Borders Experience opcional, prolonga el programa un mínimo de 3 meses Master in Management /3 Programa Personalización Admisiones UNAS PALABRAS DE NUESTRO DECANO Master in Management /5 ¿Te has preguntado por qué algunas compañías prosperan mientas otras apenas logran subsistir? Las compañías de éxito responden de forma rápida a los cambios: los líderes del futuro tendrán que ser ágiles y estar dispuestos a enfrentarse a un entorno de incertidumbre. El programa Master in Management de IE está diseñado para preparar a jóvenes ejecutivos con ambición, no únicamente a gestionar, sino a sacar el máximo provecho de los retos y a maximizar las nuevas oportunidades. Los buenos líderes saben cómo lidiar con la globalización. IE te prepara para que llegues a ser un gran líder global, sintiéndote cómodo en medio de una gran diversidad cultural. Sin entrar al detalle,...
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...Master of Business Administration and Investments University of Phoenix The reason for the quest of higher education is based on each individual’s short-term and long-term goals. In the case of someone who has a career with prospects of moving up in his field, pursuing a graduate degree would be an excellent way to bolster his resume. According to the Graduate Management News (2007), 81% of master of business administration alumni said “they could not have gotten their current job without their graduate management degrees” (¶ 1). The pursuit of the master of business administration degree shows employers a greater commitment in the individual’s willingness to invest in his own human capital. The company benefits from the return on that investment and does not have to devote a certain amount of time and resources in this person because he has already done so. The master of business administration can also lead to an increase in salary for those who attain it. From an article written by the Report on Salary Surveys, they state that “Just over half of recruiting companies made starting salary offers that ranged between $75,000 and $100,000” (Report on Salary Surveys, 2007, p. 9). That can be a substantial increase for many people, thus increasing the incentive in pursuing the degree program. This can put the graduate in a position to buy a home or a new car, but most notably career and financial stability. Companies are eager to pay master of business administration...
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...1. In the case of Retrotonics, Masters’ management style has several features ,such as disrespecting and improper decision-making. Firstly, Masters ignored his subordinates’ feeling which make them embarrassed. For example, the production manager, Lee, who suffered Masters’ criticism in front of other employees(Drew 1998, para 4). Although employees need the evaluation from the manager, they tend to accept the criticism privately. Another factor of Masters’ management style is making decisions in improper ways. According to Drew(1998, para 3), Master set difficult and stressful deadlines for the staff. This is the main reason why employees in engineering apartment are stressed. Therefore, those decisions that Masters made have negative effects on both staff and productivity. 2. There are three management styles are suit for Masters’ situation, in terms of delegating, democratic style and autocratic style. Firstly, delegating which is an important competence for managers. Delegating can avoid to interferes in management. In Masters’ case, Imakito and Lee are experienced and professional in their work. Hence, delegating assignments to them is a method to achieve the business goals effectively. Furthermore, democratic style which encourage employees to share their own opinions and advice is suit for manage the engineering department, because most staff in this department are experts in their work(Hickey et al 2005, pp.27-31). Having more discussions and communication with those...
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...Master in Marketing and Brand Management Part of the MSc in Economics and Business Administration Understanding consumers and markets in a brandnew world www.nhh.no/study MSc in Economics and Business Administration NHH Welcome Welcome to NHH Founded in 1936, NHH is the leading business school in Norway. It is the first choice for Norwegian students and for the Norwegian business community. We have 3,000 full-time students, most of whom continue from their Bachelor studies in economics and business administration onto one of the Master of Science (MSc) options at NHH. Other programmes include international doctoral programme in accounting, economics, finance, management science and strategy and management. NHH also has the longest established Executive MBA programme in Norway. The MSc in Economics and Business Administration is a key element in this portfolio of programmes. It consists of eight distinctive profiles, of which three are offered for international students: Energy, Natural Resources and the Environment (ENE), International Business (MIB), and Marketing and Brand Management (MBM). The master specialisation in International Business is designed for highly motivated individuals who want a high quality education to prepare them for a career in international business. The programme will equip students with the right mix of analytical and practical skills, together with a cultural understanding, that is crucial for succeeding in today’s globalised...
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...| | | |Equivalent Modules Master List |Equivalent courses offered at Aalto University, School Of Economics. | | | | | |Courses offered are subject to changes. | | |Updated information on the courses will be sent to successful candidates by Aalto | | |University, School Of Economics. | | | | | |*The same course can be transferred only as 1 course. | |First Level Modules | | |ACC1006 Accounting Information Systems |International...
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...36 Strategies Art of War News Build a Site My Books History Management & Strategy Gurus and Masters The complete A to Z Guide ABCDEFGHIJKLMNOPQRSTUVWXYZ A point of clarification before you start your journey with the gurus and masters: a Guru is a person who is very knowledgeable and teaches a particular strategy. A Master is a practitioner of the art of strategy in life and in business. Management & Strategy Gurus Main Guru's Index ABCDEFGHIJKLMNOPQRSTUVWXYZ 1 of 41 9/21/2014 3:38 PM http://www.easy-strategy.com/strategy-gurus.html Military Gurus Blog Ask me! Newsletter Clients Privacy Policy Motivational [?]Subscribe To This Site A Igor Ansoff Igor Ansoff The father of Strategic management Igor Ansoff (1918-July 14, 2002) was an applied mathematician and business manager. He is known as the father of Strategic management. He was a distinguished professor at United States International University (now Alliant International University) for 17 years, where several institutes continue his work in strategic management research. Igor was recognized worldwide as the Pioneer and Father of Strategic Management. He was the first management strategy guru to recognize the need for strategic planning for firms operating in the increasingly complex and turbulent environment. Chris Argyris Chris Argyris (born July 16, 1923) in Newark, New Jersey, USA, a Professor Emeritus at Harvard Business School, is more commonly known for seminal work in the area of...
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