Case 1. What are the economic benefits of acquiring the Vulcan Mold-Maker machine? In other words‚ what is the project’s NPV? This includes calculating initial outflows‚ cash flows during the lifetime of the project and salvage value. In other words‚ if you buy the mold maker‚ you will sell the old machines – what do you net from this sale‚ and when will you net it? The benefits of acquiring the Vulcan Mold Maker are that it requires less labor‚ and is generally more efficient as a machine
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In 2013‚ aluminum wheel makers were satisfied to see the continuous falling upstream raw material prices and recovered downstream markets. Due to the excess capacity‚ the primary aluminum price declined more than 15% in China in 2013. The global primary aluminum price fell about 13%. As for downstream markets‚ Japan and the U.S. rebounded‚ the European market just went out of the bottom‚ while Russia witnessed decline. In 2014‚ China’s primary aluminum price is still facing great pressure‚ but
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Accountability 7 What is accountability? 7 Report of Royal Commission 1992 7 Report of the Senate Select Committee 2002 7 Forms of accountability 8 1. Political accountability 8 2. Financial Accountability 8 3. Administrative Law accountability 9 4. Ethical responsibility and integrity 10 Red-Light‚ Green-Light 11 Red Light Approach 11 Green Light Approach 11 Amber Light approach 11 Foundations of Administrative Law 12 Accountability across the public/private divide 13 Legality: rules
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Finance Case Study: Fonderia di Torino S.p.A. Case Overview: Company considering purchase of Vulcan Mold-Maker automated molding machine. Machine prepares sand molds into molten iron using iron castings‚ automates manual intensive process. Questions: 1. Assess the economic benefits of acquiring the Vulcan Mold-Maker machine. What is the initial outlay? What are the benefits over time? What is an appropriate discount rate? Does the net present value (NPV) warrant the investment in the
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associated with the subjectivity and inconsistency of the results of the calculation. Therefore‚ scientists continue to develop a variety of approaches in order to produce the proper method with a minimal degree of subjectivity from the decision maker. This article discusses the literature review three methods of decision making by utilizing the weighting of the criteria in determining the outcome of the decision process. They are Analytical hierarchy process (AHP)‚ TOPSIS and PROMETHEE. The discussion
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Decision Making Case Study HCS/514 Managing in Today’s Health Care Organizations Instructor: Darlene Cantu Camille F. Fuller Decision Making Case Study Health care is one of the largest growing industries in the country. Technology and medical advancements attribute to the constant changes in the health care industry. The economy also continues to change‚ and with the changing economy health care cost continue to rise. Companies across the nation have either closed or moved to other countries
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or implied representation (whether oral or writing); and b. a representation to be inferred from words and conduct made by person; and c. a representation not intended by its maker to be communicated to or seen by another person; and (intentional assertion) d. Tendered to prove the truth of the fact of that the maker intended to assert Lee v R (1998) 195 CLR 594 at [21]: HC commented that ‘representation is often used in the law to refer to words that are intended to induce action or inaction
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Communication Assignment: Suggestions of Future Development of Canadian Health Care System and Health Insurance Industry Received: March 18th‚ 2013 There are several economic aspects that policy makers in Canada can learn from the models described in this essay. These economic aspects come from various lessons learned from other countries. This essay will discuss the budget constraint model to understand the consumer behaviors towards health care
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the business world or political‚ policy making is never an easy task. Policy making process goes through five different stages before an idea is implemented and then it is either altered or solidified to become an enacted policy. The system policy-makers use provides checks and balances that keep those in leadership roles from possessing too much control over the policy-making process. The discussion will outline the complete process of how a topic becomes a policy through the formulation‚ legislative
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occurring in organizations or the physical environment before they have been organized and arranged into a form that people can understand and use.” Information When we process data and convert into a form that is useful and meaningful to the decision maker‚ it becomes information. According to James O’Brien- Information can be defined as data that has been converted into a meaningful and useful context for specific end users. Information is usually subjected to a “value-added” process where-
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