100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

Assignment 2: Operations Decision

Assignment 2: Operations Decision> Due Week 6 and worth 300 points>> Using the regression results and the other computations from Assignment 1,>> determine the market structure in which this frozen, low-calorie> microwavable> food company now operates.> [In assignment #1, the company estimated a demand curve and used a marginal>> cost curve as its supply curve. You determined the equilibrium in the market>> where P =MC [or Qs = Qd]. You calculated the various elasticities using the>> estimated demand at its current price of 500 cents. While not required, if> you> look at the own price elasticity at the equilibrium price and quantity> solved> for in Assignment #1 you will notice a problem for the firm if it thinks it> is> operating in a competitive market.> Now that you know that the firm faces a downward sloping demand curve and> that> it has pricing power, you are being asked to rethink how the firm should> behave> in the market as it actually used its pricing power to determine the profit>> maximizing price and output in this assignment.> Use the Internet to research two (2) leading competitors in the low-calorie>> microwavable food industry, and take note of their pricing strategies,> profitability, and their relationships within this industry (within the USA> and> worldwide). Use the IBIS Report for the Frozen Food Production Industry (SIC>> Code 31141) to be provided by your instructor.>> Write a six to eight (6-8) page paper in which you:> 1. Outline a plan that will assess the impact of the market structure/cost> data> based on the activity in the first assignment for the company’s operations.> Use> a supply curve of the following form to reexamine your conclusions from the>> first assignment: Qs = -7909.89 +79.0989P [OR MC = 100 + 0.01264Q]. This new>> supply curve gives you the same equilibrium price and quantity as before,> but is> based on the firm’s marginal cost curve and its behavior in Assignment #1.> Further assume that the estimate of the firm’s AVC = 100 + 0.009Q and that> VC/TC> =0.71 always [implying that FC/TC = 0.289]. These are the industry average> estimates from the IBIS report for this industry.> 2. Suppose the business operations have now changed from the market> structure> analyzed in the activities required for the first assignment due to this new>> data about costs. Determine two (2) likely factors that might have caused> the> changed behavior. Predict the primary manner in which this change would> likely> impact business decisions in the new market environment.> 3. Analyze the major short-run and long-run production and cost functions> implied by this new cost data for the frozen, low-calorie microwaveable food>> company. Use the information contained in the IBIS report. Suggest> substantive> ways in which the frozen, low-calorie food company may use this information> in> order to make decisions in both the short-run and the long run.> 4. Determine the possible circumstances under which the company should> discontinue operations. While no specific fixed or total cost data are> provided,> use the newly provided cost data above and your knowledge from the textbook> on> the relation of fixed and variable costs to revenue to develop estimates> that> might suggest key actions that management should take in order to confront> these> circumstances. Provide a rationale for your response.> 5. Suggest one (1) pricing policy that will enable your frozen, low-calorie>> microwavable food company to maximize profits. Provide a rationale for your>> suggestion that will involve comparison of the first assignments two> possible> price and quantity pairs with the new optimum presented here in Assignment> #2> 6. Outline a plan, [based on the original information provided in the first>> assignment along with the IBIS report industry cost data for the firm], that> the> company could use in order to evaluate its financial performance. Consider> all> the key drivers of performance, such as company profit or loss for both the>> short term and long term, and the fundamental manner in which each factor> influences managerial decisions.> 7. Recommend two (2) actions that the company could take in order to improve> its> profitability and deliver more value to its stakeholders in line with the> recent> history and forecast future behavior for the Frozen Food Production Industry>> [SIC Code 31141] as outlined in the IBIS report. Outline, in brief, a plan> to> implement your recommendations.> 8. Use at least five (5) quality academic resources in this assignment.> Note:> Wikipedia does not qualify as an academic resource.>> Your assignment must follow these formatting requirements:> * Be typed, double spaced, using Times New Roman font (size 12), with> one-inch> margins on all sides; citations and references must follow APA or> school-specific format. Check with your professor for any additional> instructions.> * Include a cover page containing the title of the assignment, the student’s>> name, the professor’s name, the course title, and the date. The cover page> and> the reference page are not included in the required assignment page length.

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Instant Quote

Instant Quote
Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Total Cost: NaN

Get 10% Off on your 1st order!