Group Paper Analysis‚ Team 4 4/22/2010 Victoria Chemicals (B) Group Case Study Introduction Victoria Chemicals’ Intermediate Chemicals Group (ICG) is evaluating two mutually exclusive proposals on their capital expenditures. The Liverpool and Rotterdam plants have compiled separate proposals. Each proposal had the potential to increase the polypropylene output by 7 percent for their plant respectively. Victoria Chemicals could not view a 14 percent increase companywide being feasible‚
Premium Net present value
Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
Premium Costs Parking Variable cost
Resource Allocation under Monopoly The existence of monopoly will lead to a misallocation of resources from the perspective of the economy as a whole. Assume a monopolist with a horizontal MC = AC curve. The monopolist’s P and Q would be at A‚ while the perfectly competitive P and Q would be at B. The monopoly restricts Q from QC back to Q* with a price of P*. Thus‚ this good is under-produced‚ compared to the perfectly competitive market‚ while other goods are over-produced due to resources (inputs)
Premium Monopoly Economics
1. Problem: Incorrect overhead allocation method 2. Cause: Internal: Incorrect method adopted External: Owners are mandated to purchase the liability insurance‚ economic growth; restrict by government (heavy regulation) low autonomy 3. Influence: Target become hard to be reached‚ low incentives‚ wrong decision shall be made 4. Conclusion: Replace the current method with an alternative method: relative i.e. using costing method which have different bases for respective overhead generated
Premium Cost accounting Cost Costs
Midland Chemical Assignment Midland Chemical Co. is negotiating a loan from Manhattan Bank and Trust. The small chemical company needs to borrow $500‚000. The bank offers a rate of 8 ¼ percent with a 20 percent compensating balance requirement‚ or as an alternative‚ 9 ¾ percent with additional fees of $5‚500 to cover services the bank is providing. In either case the rate on the loan is floating (changes as the prime interest rate changes). The loan would be for one year. a. Which loan carries
Premium Money Futures contract Interest
accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete the following table by calculating
Premium Economics of production Variable cost Costs
Mc Donald’s Service Management Executive Summary Successful fast food industries like Mc Donald’s have set a benchmark for service management; this fast food chain is a market leader and a well-known brand name worldwide. Operating since the 1940’s‚ this company has acquired brand recognition. Mc Donald’s has a strong niche market around the world‚ there has been an increase in interest when it comes to consuming fast food; consumers prefer not to cook as it requires a lot of time and effort
Premium Fast food Management Fast food restaurant
seniors‚ then that would be the best marketing objective to get the majority of people in to eat. On the other hand‚ bingo will gather larger crowns and consequentially attract the attention of news‚ other potential costumers and people. The “low-cost meal” could also be a problem‚ but easily solvable. If seniors and not use the restaurant at the same hours‚ it could be smart to create special deals for each time slot. In this case on the “senior’s time slot” cheaper meals can be offered to accompany
Free Restaurant Food Customer
MC SPEECH FOR THE CLOSING CEREMONY OF SMK BATU KIKIR LANGUAGE MONTH 2013 Announcing the arrival of our guest of honor for today‚ En Bakar bin Amin‚the Morning Session Supervisor followed by Pn Salamiah bt Hamid‚ Head of theLanguage Department and all morning session teachers. Assalamualaikum wbt. And a very good evening to all. I am _______________ and I will be your host for today. Ladies and Gentleman‚ we are here today for the closing ceremony of the SMK Batu Kikir Language Month Programme
Premium German language Dialect English language
10/13/2010 GE _ McKinsey Matrix QuickMBA / Strategy / GE-McKinsey Matrix GE / McKinsey Matrix In consulting engagements with General Electric in the 1970’s‚ McKinsey & Company developed a nine-cell portfolio matrix as a tool for screening GE’s large portfolio of strategic business units (SBU). This business screen became known as the GE/McKinsey Matrix and is shown below: GE / McKinsey Matrix Business Unit Strength High High Medium Low Medium Low The GE / McKinsey matrix is
Premium Strategic management