Montgomery Home and Community-Based Services is considering a major expansion that will enable it to attract a different clientele to its organization. Currently, they serve only 34% of the frail elderly seniors and persons with disabilities in a three county area, with the majority of the residents working for the federal and state government. Montgomery relies 100% on local government funding to provide in home support and homemaker service to their clients. Their new chief executive officer (CEO) would like the organization to expand its revenue stream by investing in a senior multipurpose center serving healthy seniors by offering them arts and crafts and health and wellness programs. The center will also contain an Internet café offering nutritious breakfast and lunch options.
The CEO has commissioned a needs assessment, and the study’s results reveal that there are only 15 retired seniors who would be willing to pay the monthly fees to access the center. Further results reveal that there are approximately 120 seniors who will be retiring from the government in three years who would be willing to become members at the center.
The proposed costs to operate this new facility are as follows:
Monthly Fixed Costs • Utilities: $590 • Health/Wellness Staff: $2,500 • Arts/Crafts Staff: $2,000 • Supplies: $800 • Fitness Equipment Maintenance Contract: $200
Variable Costs • Monthly Membership Fee: $105 • Monthly Lunch Cost: $25 • Monthly Breakfast Cost: $15
Based on the information above, the initial investment to establish the center is $317,880. The organization anticipates that it will generate $25,700 of revenues in the first year, $40,000 in the second year, $78,000 in the third year, $225,000 in the fourth year, and $310,000 in the fifth year.
The CEO has presented her proposal and financial information to the board of directors, and they have advised her that they are in full support of her strategy if the program is a benefit to the community and if the organization can recoup its investment in three years. Based on the information presented in the scenario, calculate the analyses below and explain the implications.
Perform the break-even analysis to determine how many seniors would need to have full monthly membership and pay for breakfast and lunch for Montgomery Home and Community-Based Services to cover its monthly expenses. Break-even volume = Total fixed costs / (Average charge per client — Average variable cost per client) Calculate the payback period to determine how long it will take for the organization to recover its initial investment of establishing the senior multipurpose center. Payback period = A + (B/C)
A Study On Smolinsky Family History Essay Distributed: 23rd March, 2015 Disclaimer: This exposition has been put together by an understudy. This isn't a case of the work composed by our expert article authors. You can see tests of our expert work here. Any suppositions, discoveries, conclusions or suggestions communicated in this material are those of the writers and don't really mirror the perspectives of UK Essays. Plot Overview The Smolinsky family is very nearly starvation. The more established girls, Bessie, Mashah, and Fania, can't look for some kind of employment, and Mashah spends what minimal expenditure she needs to influence herself to look more delightful. Their dad, Reb Smolinsky, doesn't work by any stretch of the imagination, spending his days perusing heavenly books and laying hold of his little girls' wages—his due as a Jewish dad. Whenever Mrs. Smolinsky gives up finished the circumstance, the most youthful girl, Sara, expeditiously goes outside to offer herring and profits. Afterward, the more established young ladies discover occupations, and Mrs. Smolinsky leases the second room, enhancing the family's budgetary circumstance. Calm, obedient Bessie before long falls for a young fellow named Berel Berenstein and welcomes him home for supper one night. Whatever remains of the family is energized for Bessie, yet when Reb Smolinsky discovers, he chooses he can't survive without the wages Bessie acquires. In spite of the fact that Berel will wed Bessie without a settlement, her dad says Berel should likewise pay for the whole wedding and set him up in business too. Berel denies and storms out. When he says Bessie ought to resist her insane dad and wed him at City Hall, Bessie says she doesn't set out. Berel expeditiously gets connected with to another person, pounding Bessie's soul. Mashah is the following little girl to locate a sentiment that Reb Smolinsky thinks about unseemly. She goes gaga for Jacob Novak, a piano player from a rich family. Mashah's dad objects to the match and extorts Jacob into remaining without end for a few days, making's Mashah extremely upset. At the point when Jacob returns to ask for pardoning, Mashah feels sufficiently crushed to remain by and let her dad show Jacob out for playing piano on the Sabbath. Reb Smolinsky likewise objects to Fania's sweetheart, a poor writer named Morris Lipkin, and disgraces him away. He at that point orchestrates relational unions for every one of the three young ladies, which abandon them all frantically miserable. Sara is incensed with her dad for what he's done to her sisters, however her age and sexual orientation abandon her weak. In spite of Mrs. Smolinsky's notice, Reb Smolinsky takes the greater part of the cash he got from Bessie's marriage and sinks it into a market that the past proprietor had loaded with counterfeit stock. Sara and Mrs. Smolinsky should again scramble for survival, and every day they persevere through expanding feedback from Reb Smolinsky. Multi day, Sara contacts her limit. She flees from home and chooses to wind up an instructor. She intends to live with either Bessie or Mashah, however both have been thrashed by destitution and awful relational unions. Rather, she leases a little, filthy, private room of her own. To pay for it, Sara finds a normal everyday employment in a clothing, utilizing her evenings to study and take classes. The existence Sara has picked isn't simple. She faces segregation for being a lady and living alone; her kindred specialists exclude her; her mom implores her to get back home all the more frequently; and her miserable sisters pester her to discover her very own spouse. Over this, Sara is frantically forlorn, and when she is gone by an associate of Fania's, Max Goldstein, she almost weds him and surrenders her fantasy of looking for learning. When she understands Max is intrigued just in belonging, notwithstanding, she denies him. At the point when Reb Smolinsky knows about this current, he's so enraged with Sara that he instantly repudiates her. School is another battle against destitution and depression, however Sara needs so gravely to resemble the perfect, lovely individuals around her that she drives forward and graduates. She lands a position in the New York educational system, purchases more pleasant apparel, and leases a cleaner, bigger flat as a festival of her new budgetary freedom. Her energy closes rapidly, in any case, when she discovers that her mom, whom she hasn't gone to in six years, is biting the dust. In spite of the fact that her mom's deathbed wish is that Sara deal with her dad, Reb Smolinsky rapidly gets remarried to Mrs. Feinstein, a dowager who lives upstairs. His little girls are profoundly irritated by this affront to their mom, and after Mrs. Feinstein attempts to coerce cash from her new stepchildren, every one of them choose to quit addressing their dad. Irate at her unforeseen neediness, Mrs. Feinstein composes an awful letter to Hugo Seelig, the chief of Sara's school. The letter, notwithstanding, really draws Hugo and Sara together, and their bond fixes as they discuss their common legacy in Poland. This new relationship at long last denotes the finish of Sara's depression, and in her new bliss, she chooses by and by to connect with her dad. Hugo does this too, and the novel finishes with the suggestion that Reb Smolinsky will before long escape his new spouse by moving in with Hugo and Sara. Sara's life has completed the cycle. Sara Smolinsky-The most youthful Smolinsky girl and storyteller of Bread Givers. The most furiously autonomous of Reb Smolinsky's little girls, Sara needs more than any of them to make her very own existence. Despite the fact that she respects her dad's devotion and inward fire, she is additionally profoundly angry of his pietism and the odds he has denied every one of his little girls. She creates pounds on men with comparable commitment and fire, looking for a more eager and understanding good example than Reb Smolinsky, and additionally a buddy who will recognize and welcome the character she's attempted to construct. Sara will endeavor to get what she needs, however her unending longing for friendship and inclination to romanticize her circumstance once in a while occupy her from her definitive objective. Read a top to bottom investigation of Sara Smolinsky. Reb Smolinsky-The leader of the Smolinsky family and Sara's real rival. To a great degree committed in his religious convictions, Reb Smolinsky has given as long as he can remember to concentrate the Torah and other Jewish heavenly books. The soul he assembles from these examinations fills him with a sacred light that leaves others in stunningness yet causes family issues when Reb Smolinsky befuddles this otherworldly learning with all the more common knowledge. His guiltlessness regularly drives him to settle on stupid choices that he declines to recognize, demanding that a man as scholarly as he would never commit such errors. After his significant other passes on, he remarries rapidly and powers his girls to stay with him as far as might be feasible in light of the fact that he knows he needs somebody to deal with him. Read an inside and out examination of Reb Smolinsky. Shena Smolinsky-Sara's mom and Reb Smolinsky's forgiving spouse. Shena is genuinely in amazement of her significant other's blessedness, however she whines sharply about the destitution it powers on her. She likewise feels defensive of her significant other—he lives such a great amount in his own reality that it's difficult for him to work in the genuine one. She immovably trusts a lady's most noteworthy yearning is to be a spouse and mother, and in spite of her significant other's controls, she really wishes to see her little girls subsided into great relational unions. In spite of the fact that she doesn't comprehend why Sara wants an alternate course, she cherishes her enough to help her in the most ideal way she can. Bessie Smolinsky-The most established Smolinsky little girl. Bessie is the major monetary help for the family, and even at a youthful age she is exhausted from consistent pressure and work. She detests her dad for spending all her great years for himself yet is reluctant to leave on the grounds that accommodating others is the main life she knows. Angry of her status as an old cleaning specialist, Bessie discovers bliss in her possible marriage to Zalmon simply because of the love that her most youthful stepson, Benny, feels for her. The main reason Bessie consents to wed Zalmon is that Benny needs her. Read a top to bottom investigation of Bessie Smolinsky. Mashah Smolinsky-One of the center Smolinsky little girls. Mashah is to a great degree delightful, and whatever is left of the family supposes she is vain. Truth be told, Mashah needs magnificence to manage her, and her own particular looks, and in addition the music in the recreation center, are the main assets she has. She goes gaga for the music Jacob Novak makes before she even observes Jacob himself, and when he makes her extremely upset, he pulverizes her expectation of finding any more magnificence on the planet. She squanders away to a ragged, calm shadow of her previous self, and insights of her previous soul indicate just in her delight in her youngsters and the neatness of her little house. Read an inside and out examination of Mashah Smolinsky. Fania Smolinsky-One of the center Smolinsky girls. Alright with talking her psyche, Fania goes more distant than either Bessie or Mashah in shielding her sweetheart. In any case, Fania is additionally more viable than her sisters and endeavors to settle on her dad's decision of spouse work for her. Eventually unsuccessful, she whines sharply about her marriage at each opportunity and, however she every now and again criticizes Sara's achievements, shows up>