Cumberland Metal Industries: Engineered Products Division‚ 1980 October 21‚ 2013 CA by Yiwen Zhang Cumberland Metal Industries (CMI) is one of the largest metal manufacturers in the world. The company evolved from selling metal as a finished product to one that used it as a raw material‚ increasing sales from $250‚000 in 1963 to over $18‚500‚000 in 1979. Currently‚ CMI relies heavily on SlipSeal‚ which is used as a high-temperature sealant in automobiles. Although CMI dominates
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I. BACKGROUND CMI has developed a new technology using curled metal to create pile driving pads. Compared to existing products on the market‚ these pad offer several benefits: • Faster pile driving saves contractors rental fees‚ labor expense ‚ and spreads overhead over more feet driven in a given period of time • Longer life of pads save contractors additional cost in reducing changeover time • Heat resistance further reduces changeover time‚ saving additional expenses • Safety – CMI pads
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Cumberland Metal Industry 1‚2- The first two questions will be gone through together in order to avoid confusion. Pricing is one of the most important elements to launch a product on the market. Mainly‚ because it is the only element‚ together with the marketing mix‚ that produces revenues. It is fundamental to set the right strategy in deciding and setting the price of a certain product to be sure that is fully understood and appreciated by customers in all its aspects and characteristics. A
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ATLAS METAL COMPANY CASE Executive Summary The purpose of this report is to help a financial special assistant‚ Linda‚ to analyze the financial position of Atlas Metals Company and deciding its capital budgeting and capital structure. Firstly‚ I explain why firm should use Net Present Value (NPV) methods for capital budgeting rather than Return on Investment (ROI) method and Payback Period method. Secondly‚ I calculate the Weighted Average Cost of Capital (WACC) which will be used as discount rate
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you spread salt daily on your driveway to melt the snow. In the springtime‚ when the lawn begins to grow‚ you notice that there is no grass growing for about 3 inches from the driveway. Furthermore‚ the grass seems to be growing more slowly up to about 1 foot from the driveway. Can salt have an effect on the growth of grass after placing it in your driveway during the winter to melt the snow? I will perform three different experiments to find the conclusion to this problem. Salt is a Corrosive
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Curled Metal Inc – Engineered Product Division Overview Cumberland Metal Industries (CMI) was a company which sold metal as raw material in other products. After the company had developed the product – Slip Seal that could meet the demanding specification of the automakers‚ it had grown rapidly over the past decade. The sales increased from $750‚000 in 1991 to over $55 million in 2007. However‚ the sales decreased from 61 million in 2006 to 55 million in 2007‚ a net decrease of 9.5%‚ the net
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the identity of the metals‚ I was capable of deducing a definite‚ possible identity for the golden metal‚ however‚ I could not provide a definite‚ possible identity for the silver metal. Conversely‚ the results of the experiment themselves‚ whether volume‚ mass‚ or density‚ proved insufficient in my attempts to distinguish the identities of the metals. Thus‚ during the experiment‚ I also observed the color of the metals‚ and used these observations in my assessment of the metals. The five trials for
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Sales Management and Personal Selling Curled Metal Inc (CMI) Dear Sanwal‚ To address your immediate need from Kendrick Foundation Company (‘KFC’) for a price quote on Curl Metal Cushion Pads (Cushion pads or ‘CMCP’)‚ it would be beneficial to establish a proper pricing strategy. It may also be beneficial to not only consider the short term‚ but also the potential long term pricing strategy for future consumers as well. To estimate the value price or price premium‚ it is advisable to keep in
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Introduction: This project is one of the most famous electricity projects that can be performed successfully by most students in the age of 10 to 16. It helps students to learn about producing electrical energy using chemical energy. Since the same method is used to get energy from many fruits and chemicals‚ this project has many names. Following are some of the other names or titles for this project: |Fruit power or fruit battery
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IS concentration : Database Administration Why ? 1. Introduction : Working as a Database administrator for the past 6 Years has led me to choose Database administration as my IS concentration‚ my experience has helped me fine tune existing databases‚ juggle around with the configuration parameters of the system to improve the performance of the system‚ however I have never worked on database architecture‚ this has been the primary reason for me to choose database administration as I would
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