PROCEDURES
The main point of research was to make an accurate decision for buying or hire purchase the CNC Laser machine. This was dependent on replies from the companies on requesting the quotes, but unfortunately no email was received. Below is attached the confirmation of sending one of the emails.
CTR Lasers
Thank you Hanna Jurkowska for your contacting us: 04/04/2014 04:04:04 pm
Dear Hanna Jurkowska ,
Thank you for your feedback. We will contact you shortly.
Your email was: haniajurk@gmail.com
Thank you
CTR Lasers
In the research has been also involved: reading numbers of books, as much as, various numbers of sources gained from the internet. This helped in preparing cost statements, functional budgets, cash and master budget.
Also the research of new finance for the purchase of CNC Laser machine has been done on the various websites, and finally the best offer of a loan was accepted and introduced to the project. The loan and repayments are specified as follows:
The loan will be taken for a 60 months with 5% interest rate. That will give a monthly payment of £2,358.90
THE ANALYSIS OF THE CASE STUDY SCENARIO
The scenario of a case study shows a successful ‘Ergodesign LTD' medium size company, which is a manufacturer of specially designed office furniture. The company's design team designed a new, high quality and ergonomic chair for people with posture, neck or back related problems. The prototype of this chair has been already produced and tested and it obtained positive feedbacks on the quality and safety and overall performance.
The most important aspect of this scenario is that the company already has an offer from the wholesaler, which is willing to pay £195 for each chair and also guarantee sales of 1,800 units for the first year, and that gives 150 chairs per month. From the preliminary research the company will be able to produce 40 chairs per week, what