Rich Manufacturing Saint Leo University MBA 540 Sep 8‚ 2011 Why do many firms use cost-plus pricing for supply contracts? Firms use cost-plus pricing in order to cover their operating costs. Cost-plus means they can increase the price to their customers with whom they have contracts when the operating costs rise. Operating costs can rise for many reasons and cost-plus pricing allows firms the flexibility to manage operating costs. This flexibility is often needed when the price
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Pantawid Pamilyang Pilipino Program: “Kaya ng Pinoy tumawid sa Kaunlaran” One afternoon‚ I bought chips and drinks in a mini-mart. I fall in a long line with people who are too busy checking up their groceries. I heard one talking about the money that they have to budget in a week or two that in some sort helps them in their living. The cash that they had was from a program. I was too curious about the program that they were talking about‚ what comes next was I found myself talking to one of these
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Superior Manufacturing Company Q1. Based on the 2004 statement of profit and loss data (Exhibits 1 and 2)‚ do you agree with Water’s decision to keep product 103? Table 1: Product 103 Costs |Product 103 Costs | | |direct |indirect | |Fixed | |16‚039 | |Variable |5‚763 |7‚181 | If product 103 is terminated‚ there will be
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Communication Skills Part 12 Reports and Proposals Reports Reports are prepared after some task is given and it is completed. Report includes all the details of how the work was done and it is also a declaration that the work is done. A report can be as small as one sentence and it can be as big as several hundred pages. When a staff tells his boss‚ ‘the job is done.’ This is also an example of report. In every organization hundreds of reports are prepared and submitted. A sales performance
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Riordan Manufacturing has production plants located in Albany‚ GA‚ Pontiac‚ MI‚ and their overseas plant in Hangzhouz‚ China. Each location is responsible for different production lines and inventory. The Research and Development department is located in San Jose‚ CA‚ Riordan’s headquarters. Riordan Manufacturing’s Vice President (VP) of Operations has a service request for an implementation of a Manufacturing Resource Plan (MRP) among Riordan’s three plants into one system. This request will
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THESIS PRESENTATION 18-4-2013 Ladies and Chantal mans I want to greet all of you the Muslims greeting asalamu alaykum warahmah after that my thesis title is money transfer industry and its impact on socio- economic development in puntland state of Somalia. THESIS PROBLEM STATEMENT 1- Is to determine important of remittance to puntland in their service.
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ACCT 805AE Case 4 Ocean Manufacturing‚ Inc The Osprey Group Feb 21‚ 2011 Q1. The client acceptance process can be quite complex. Identify five procedures an auditor should perform in determining whether to accept a client. Which of these five are required by auditing standards? First they should gather and examine all available financial information‚ such as tax returns‚ annual reports‚ the balance sheet‚ and income statement. This should be done so that the audit firm can do a quick initial
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services and win over many customers. With the Simulation software‚ it is relatively easy to change the features or price point of a product and have the simulation software predict the market share that the product would attain in the market. This I hope to achieve by using the computer to emulate a real world situation. It is time based‚ and takes into account all the resources and constraints involved‚ as well as the way these things interacts with each other as time passes. Simulation also builds
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everybody has an interest in improvement‚ not just at work but in all aspects of life. Kaizen is based on three main points: Waste elimination Standardization Management of workplace On elimination of waste‚ Kaizen transpires with the concept of lean manufacturing where efforts are applied to tackle with Muda (the seven wastes relating to activities which are non-value adding)‚ but also Mura (related to unevenness especially in demand and supply arrangements) and Muri (related to overburden and excessiveness)
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Strategic Plan‚ Part I: Conceptualizing a Business This paper will discuss the business chosen for the assignment. A mission statement will be developed‚ setting the business apart from others in the same or similar market. The vision statement will also made‚ discussing the direction the business wants to take in the future. Other topics such as‚ principles or values will be discussed. Concluding the paper will analyze the mission and vision statement‚ and values in guiding the business in a strategic
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