In order to avoid the use of overtime and to keep her employees fresh, Joan decided to have employees work four ten hour shifts each week. She insists that every employee must have three consecutive days off. The work week begins on Monday and ends on Sunday. The manufacturing process requires a minimum of 20 employees. (Reid & Sanders, 2010) Answer 1: Develop a staffing plan for RWBFC in accordance with the constraints stated in the case.
The net cash inflow and cash outflow are calculated using sales and production figures for the next 8 years. The unit cost from the first year is £0.89 which is the cost per mashing without depreciation and divided by 13,000 bottles. From this information provided, the cost will increase by 3.5% and also the selling price will increase by 4% every year (reference 4). These figures are based on the current rate inflation of 4% which is shown in appendix 9 The capital allowances are worked out on cased of 20% (Reference 5) and the annual investment allowance is £100,000 is available (Reference 6) in the first year which is restricted to £87,359. This figure is substrated from the acquisition giving a result of £332,641 which is the written down value.
Some of the benefits were reduction in lead-time by four weeks, allowed planners to readjust forecasts to meet changes in demand, 16% increase in production, and product availability increased to 99.9% from 97.9%. These numbers are based of 45 SKUs that were very similar and produced in a single factory, and their next question was if they should implement the SCO pilot system across all SKUs. I believe that Hugo Boss should only apply the SCO system to all of the NOS products due to the fact that they stay the same for 3 years. If they applied to the “fashion” products there is a lot more risk and could be more costly since fashion items never repeat. Although there is opportunity to produce more fashion items last minute to meet demand, I do not think that all items would need
Does Joe have enough in savings to pay for the down payment and all of the closing costs? Solution Plan: Complete the following questions based upon the information in the video and other information provided in the worksheet. 1. Joe figures that with overtime he will average 40 hours a week for 52 weeks a year. If his current wage is $15.00 per hour, how much will he make per year?15*40*52= $31,200.00 annually 2.
Case Report: LL Bean Case Thibault Faramarzi Section 22 1) L.L. Bean uses several different calculations in order to determine the number of units of a item it should stock. It first freezes on the 1st May of each year a forecast for its demand for the next season. This figure is a result of a consensus between the product people, buyers and inventory managers. Once the predicted demand is frozen, L.L.
Her attention should be focused on other cost cutting methods. Conclusions have been drawn from the following analysis. Quantitative Analysis: First we have the information which is given in this case study: • Existing pagers = 20 (1 has been bought and does not require monthly fee) • On average 1 warning/malfunction a week • Cost of malfunction for Cottrill Inc. = $200,000 / hour or $3333.33 / minute • Tallant cost for 1 pager = 16.95+1.95+11.90+(60/12)= $35.80 / month • Saxton cost for 1 pager = $13.95 / month Annual cost of choosing Tallant = 35.80x12x19+(35.80-11.90)(since 1’s been bought) = $8187.30 Annual cost of choosing Saxton = 13.95x12x20 = $3348.00 Annual savings if choosing Saxton = 8187.30-3348.00 = $4839.30 We were also presented with the dilemma that they encountered a major problem during trial. Cottrill’s systems group had to reprogram and rework
March 7th 2012 ECS3250 (2011-2012) Coursework Name: Sean Goodwin Student I.D: M00295169 Part 1 Abbey Trading Company is considering a project that is susceptible to risk. An initial investment of £90,000 will be followed by three years each with the following expected cash flows (there is no inflation or tax): | £ | £ | Annual sales (volume of 100,000 units multiplied by estimated sales price of £2) | | 200,000 | Annual costs (volume of 100,000 units multiplied by unit labour, material & other costs respectively) | | | Labour | 100,000 | | Material | 40,000 | | Other | 10,000150,000 | (150,000) | | | 50,000 | The initial investment consists of £70,000 in machines, which have a zero scrap value at the end of the three-year life of the project and £20,000 in additional working capital which is recoverable at the end. The discount rate is 10%. (1) Calculate the NPVof the project and explain what it means The NPV of the project is £54,345, meaning firstly that this project has a positive present value and therefore worth the time to consider further if it is viable. We arrive at this NPV figure by using all the information given above.
* Submit hardcopy of work by Monday 2nd April 2012 at the beginning of lecture. Question 1 ( 10 marks ) Three jobs have to be assigned to three people. The table shows the work hours for each employee in the respective job. Employee | Job X | Job Y | Job Z | A | 16 | 20 | 13 | B | 25 | 18 | 16 | C | 17 | 22 | 24 | (a) Find the optimal assignment that will minimize the total working hours. ( 9 marks ) (b) Calculate the total working hours.
Eisenhower communications is trying to estimate the first-year net operating cash flow (at year 1) for a proposed project. The financial staff has collected the following information on the project: Sales revenue $10 million Operating costs (excluding depreciation) $ 7 million Depreciation $ 2 million Interest expense $ 2 million The company has a 40 percent tax rate, and its WACC is 10 percent a. What is the project’s operating cash flow for the first year? b. If this project would cannibalize other projects by $1 million of cash flow before taxes per year.
With the current equipment, ABC GROUP produces 240 crates per 100 logs. It currently purchases 100 logs per day, and each log requires three labor hours to process. ABC GROUP is considering the hire of a professional buyer who can buy better quality logs at the same cost. If this is the case, ABC GROUP can increase production to 260 crates per 100 logs, and the labor hours required will increase by eight hours per day (for the buyer). a. Compute the labor productivity for the current method (i.e., no buyer).