Type the introduction to the paper here.
Question One
Based on the information presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions):
(a) Cost
1) Cost of Production:
Type the answer for cost of production here.
2) Economies of scale in material purchasing:
Type the answer for cost of economies of scale in material purchasing here.
3) Raw materials sitting idle in the warehouse:
Type the answer for cost of raw materials sitting idle in the warehouse.
4) Finished goods sitting idle in the warehouse
Type the answer for finished goods sitting idle in the warehouse here
(b). Speed of manufacturing