1 Devdatta Bhattacharya, Section B Nucor at a crossroads Arena: Nucor has been very successful with its existing steel minimills, achieving consistent profits and maintaining worker productivity The steel industry is suffering from significant overcapacity; while total US capacity alone stands at about 133 million tons of production per year, the market consumed only 70 million tons of steel in 1986, leaving over 60 million tons of idled capacity The low-end structural products market is saturated with numerous small minimills competing against each other in a stagnant or shrinking market Nucor's only option for continued growth is to invest in new technology, an unproven thin-slab cast plant that would allow it to enter the market for flat sheet steel with a low minimum efficient scale and marginal cost of production Cost Advantage: Exhibits 12A and 12B of the case present information on costs and profitability for the production of hot and cold rolled sheet as produced by the proposed thin-slab minimill and by the integrated mills, the only current producers of flat-rolls. Table 1: Construction Costs for Flat-Rolled Product Plants Type of sheet Hot-rolled Cold-rolled Thin-slab Minimill $236 $450 Modernized Integrated: $451 $675 % Savings with Minimill: 48% 33% Table 2: Comparative Operating Data for Flat-Rolled Product Plants Thin-slab Minimill Cost per ton Revenue per ton Profit contribution per ton HR $225.00 $306.50 $81.50 CR $283.00 $390.50 $107.50 Modernized Integrated HR $261.50 $326.00 $64.50 CR $349 00 $454.50 $105.50 lJnmodernized Integrated HR $300.00 $325.00 $25.00 CR $403.00 $453.00 $50.00 So, the costs of introducing new capacity in the form of thin-slab minimills is significantly lower than in form of an integrated mill with savings of 48% or 33%, depending on the type of sheet (hot-rolled or cold-rolled) Advantage of
Steph Hoard Geog 161 Extra Credit: Compare and Contrast Buenos Aires vs. Rio de Janeiro Demographics: The city of Buenos Aires has an estimated population of around 3 million while Rio de Janeiro is around twice that with 6 million. Rio de Janeiro is the 2nd most populated city in Brazil, while Buenos Aires is one of the 20 largest cities in the world. Religion: The two cities are very much alike when it comes to religion as the most practiced religion for both areas is Roman Catholic. The second most practiced religion for both cities is Protestant. Buenos Aires is home to the largest Mosque in South America.
Summary Started in 1862 by German immigrants, FAO Schwarz is famous for its high-end, one-of-a-kind toys sold from its store front in New York City’s famed Fifth Avenue. Through the years FAO Schwarz enjoyed success after success, expanding beyond its original New York location, and eventually running over 40 stores nationwide. In 2004, however, after battling large chain stores like Wal-Mart and Target, for customers FAO, Inc. closed all of its stores. Several reasons led to the demise of this iconic brand, including selling mass produced toys like Sesame Street figures for 300% more than the likes of Wal-Mart. FAO Schwarz also moved away from its core business model of providing unique, handcrafted, high-end toys catering to the elite customer.
The estate could select a few days out of the year in which, by invitation only, guest could visit for free. These guests would include the lower and middle class families. This tour would include the Biltmore House and Gardens only and increase the customers on very slow days, thus generating more revenue in the gift shops or other shopping attractions. The last alternative would
. Why might industry analyst be concerned that the decentralized structure is no longer effective or efficient for Nucor? Nucor is known as one of the largest steel producers in the United states. Nucor believes in providing the customers with a competitive product at competitive prices. It is the fifth largest steel producer in the United states with a profit of $123 million annually.
Perhaps the solution to this problem is to make the transport service available to all citizens alike regardless of the price and to extend the routes to all outskirts, even if thirty minutes away like Sugar Land, so that all parts of the fourth – largest city in the nation can be reached. New York is the largest city in America and the largest melting pot in the world, the city is also known for its’ Underground Railroad system, the subway. The subway allows people from all counties and districts to get to their destination without ever owning a vehicle. Though, New York is first for having the worst traffic influx in the nation, it also has the largest population and without having that rail system going under the super populated streets, one can imagine only chaos. With that said, METRO and the Houston elites should come together to provide a public transportation system which covers a large distance of travel to reduce the amount of people and cars on the highways at one time.
Technical Failures of Titanic Name Subject Professor Name: Date Name1 Technical Failures of Titanic The Titanic was the biggest moving object built in the nineteen hundreds. It was built by Harland and Wolff of Belfast, Ireland. Titanic’s weight was 46,000 tons with the length of 900 feats. The designers built that ship with brilliant technology and designs and they also called it as unsinkable ship. Titanic embarked on its maiden journey on April 10, 1912 from England.
Why did the Titanic Sink? In the end it took the Titanic just under 3 hours to sink. It was thought to be the greatest steam ship of its time, even given the title ‘unsinkable’ due to its unique design and water tight bulkheads built across the lower decks. Designed by Thomas Andrews, the RMS Titanic was more of a luxury ship, to accommodate some of the wealthiest people in their journey between Southampton and New York. It was not all size and grandeur, however, as it was also known to some as a slave ship.
Factories began to emerge all across the country, while the textile and iron industry saw remarkable developments in regards to production. Germany, who had for centuries been economically backward in comparison to Western Europe, had finally caught up in less than two decades. Having the second largest navy and the fastest growing economy in the world, Germany believed itself to be a power to be reckoned with. It was this belief and desire for recognition that gave birth to the new German foreign policy; Weltpolitik. Radically differing from Bismarck’s approach to foreign policy, Weltpolitik aimed to ensure that the world acknowledged Germany as a new Great Power.
Mellon, George Westinghouse, and Charles M. Schwab is credited as Industrialists. They built their fortunes in Pittsburgh and left an enormous mark on the city. Andrew Carnegie is probably the most recognizable out of the bunch due to the fact that he founded the Carnegie Steel Company, Carnegie Library in 1890, and Carnegie Institute in 1895, and in 1895 he sold his mills for $250 million dollars. He devoted his life to public service by establishing libraries, trusts, and foundations that include Carnegie Institute of Technology which is now Carnegie Mellon University, and the Museums of Pittsburgh. Over the years there has been some controversy over how to spell Pittsburgh, considering in 1890 the U.S. Board on Geographic Names decided that the ‘h’ had to be dropped from all cities and towns ending in ‘burgh.’ Historically since the founding in 1758 Pittsburgh has been spelled with the h and in 1911 the citizens protested the board because they wished to preserve the historical value of the name and it was reversed to keep the h. Although there are some dictionaries and papers from the 19th century that use the Pittsburg