CASE 9-1: LOW NAIL COMPANY Question 1: Using the EOQ methods outlined in chapter 9‚ how many kegs of nails should Low order at one time? The EOQ formula is: EOQ = √ 2 (annual use in units) (cost of placing an order) / annual carrying cost per item per year = √ 2 (2000) (60) / 2 = √ 120‚000 = 345 kegs per order Note the 2 in the denominator. That is because‚ on average‚ the rented warehouse space is only half full‚ which‚ makes the average warehousing cost per keg be $2. Question 2: Assume
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Company Q is an organization working to achieve the goal of generating the most possible profit. The attitude of company Q toward social responsibility however‚ is an area that needs focused improvement. Based on the description provided the company uses a numbers only approach to decision making. There are intrinsic and fiscal benefits of applying a social philanthropic ethic that should be evaluated. Improvement of company Q’s application of social responsibility could be achieved by developing
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I. The Company a. Background of the company ST. PETER LIFE PLAN‚ INC. (SPLPI) is a Pre-paid DeathCare company‚ which offers traditional and affordable Life Plans to all segments of the society. Founded by Francisco “Tatay” M. Bautista‚ on October 23‚ 1970. It is registered and licensed with the Insurance Commissions (IC) and is compliant with all Pre-Need regulations. SPLPI maintains trust funds with the following trustee banks: Bank of the Philippine Islands (BPI)‚ Banco De Oro (BDO)‚ Metrobank
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products. Motorola has achieved over$ 5.5 billion in sales‚ employed over 99‚000 people and spent $411 million in research and development. By the 1960s‚ it sold semiconductors products‚ communications equipment‚ and components to consumers‚ industrial companies‚ and the military throughout the world. To exploit fully the growing demand for semicustom integrated circuits‚ Motorola organized the Application Specific Integrated Circuits (ASIC) Division as part of the Semiconductor Products in 1984. The controller
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KFC Company Overview KFC Corporation (KFC‚ founded and also known as Kentucky Fried Chicken) is a chain of fast food restaurants based in Louisville‚ Kentucky in the United States. KFC has been a brand and operating segment‚ termed a concept[2] of Yum! Brands since 1997 when that company was spun off fromPepsiCo as Tricon Global Restaurants Inc. KFC primarily sells chicken pieces‚ wraps‚ salads and sandwiches. While its primary focus is fried chicken‚ KFC also offers a line of grilled and roasted
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1. Excecutive Summary 1.0 Introduction FRANKROJEIAN Snack House start-up a small bakery that rent in 1.1 The Company FRANKROJEIAN Snack House is a Partnership business‚ this will be under supevision of the five partners as the owner of the business. The business wiill be renting a space at the Sienna building Alunan Avenue near government offices‚ schools and private sectors. 1.2 The Products and Servies FRANKROJEIAN Snack House offers the following food and beverages to customers • Cakes
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Question No 7. Assuming the facts of question no 6. Except that the idle facilities to be used to produce 800 modified hydraulic hoist/month. Sale Price - $4950 each. Variable Mfg Cost - $3025/unit Variable Markt Cost - $550/unit Fixed Mfg O/H and Marketing cost remains unchanged What is the maximum price paid to the contractor?? Should the contract be accepted for a price of $ 2475/unit to the contractor?? Solution: Particulars. | 3000 Hoists | Contract for 1000 outsourced hoist
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Competing coffee companies Industry Analysis According to Starbucks corporation‚ 66 billion cups of coffee are drunk every year in the U.S. and a full three quarters of those cups of coffee are enjoyed at home. The other 25% of coffee is drunk at the office‚ traveling‚ or in a coffee shop (CNN Money). Starbucks has no clear competition; however the closest competitors include other specialty coffee shops‚ doughnut shops‚ and restaurants. Starbucks holds a dominant position in the specialty coffeehouse
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CHEMICALS | INCORPORATION OF GALLANT CHEMICALS: MEMORANDUM OF ASSOSIATION: THE COMPANIES ORDINANCE‚ 1984 (PRIVATE COMPANY LIMITED BY SHARES) MEMORANDUM OF ASSOCIATION OF GALLANT CHEMICALS PRIVATE LIMITED 1) The name of the Company is "GALLANT CHEMICALS PRIVATE LIMITED." 2) The Registered Office of the Company will be situated in the province of BALOCHISTAN. 3) The objects for which the Company is established are: * To carry on the business of manufacturers‚ producers
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Directors Duties 1 Types of directors: Ordinary‚ de facto‚ shadow directors and non executive directors. Table A section 80 is the cornerstone of corporate governance. Gives the directors powers to act as they see fit for the benefit of the company. Directors have a FIDUCIARY relationship with the company – trust and confidence. The distinguishing obligation of a fiduciary is the OBLIGATION OF LOYALTY. Shadow directors – not appointed by the board – have a decisive say in managing from a distance
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