------------------------------------------------- Office Equipment Company Case Study ------------------------------------------------- International Management CONTENTS I. SUMMARY II. THE PROBLEM III. ALTERNATIVE SOLUTIONS IV. BEST SOLUTION V. IMPLEMENTATION OF BEST SOLUTION I. Summary The Office Equipment Company OEC was a company that manufactured a wide variety of small office equipment in eight different countries. In one of the‚ El Salvador‚ they encountered the problem
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Weaver’s products which is one of the largest U.S drug firms. Leonard Prescott‚ vice president and general manager of Weaver Pharmaceutical believed that his executive assistant; John Higgins has lost his touch to effectively representing the U.S parent company and too attached to Japanese culture. Higgins and Prescott both have different opinions toward implementing U.S. policies in the Japanese operations. Higgins’s attitude was seen more against the U.S. policies and more toward the Japanese ways of doing
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WAUSAU EQUIPMENT COMPANY: A LEAN JOURNEY (A) History and Business Background Ashford Elevator Company was founded in 1946 in a small midwestern town. Its first products were grain elevators‚ sold to local co-ops and farms. Started as a small shop with five workers‚ the company‚ which quickly grew to include 50 employees‚ began engineering‚ manufacturing‚ and servicing a variety of machinery and equipment for the agribusiness industry. The company changed its name to Wausau Equipment Company (WECO)
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Problem 1: A project of equipment purchase of Mekong Company Ltd. has the estimated data as follows: The cost of equipment is USD 12‚000‚ the cost for transportation and installation is USD 1‚000 USD. The asset is depreciated according to a straight line depreciation scheme within 5 years. It is expected that the project can produce and sell 7‚500 units of product at the price of USD 2 per unit‚ for the first year. The operating costs for the first year (excluding depreciation) are estimated
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Wausau Equipment Company Case study Wausau Equipment Company has improved their operating profit a lot by introducing lean strategy. The management’s next step should be in making further Lean improvements. As we know‚ “SIMPA” is widely used in Lean process. “SIMPA” stands for Specify Value‚ Identify Value Stream‚ Make it Flow‚ Pull and Always Improving. These phases draw a big and long-term picture to lead a team logically from detecting the problems to solving the problems and make sure that
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experienced labor and reliable equipment. They rarely hire new employees‚ and older employees are close to retirement. Furthermore‚ Wausau generally has a culture suspicious of change‚ and employees and managers are resistant to Lean progress. Employees are not motivated to accept lean or previous management methodologies because of the feeling of insecurity‚ and employee morale is low. Wausau is facing other challenges as well. Along with the labor issues‚ equipment downtime is increasing‚ and OEE
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Deere and Company was faced with many issues in the years to come. They were entering a market‚ which was dominated by Caterpillar and needed to price their products to ensure success. The competitive landscape of the industry includes seven competitors‚ Deere’s biggest competition being Caterpillar. The small (under 100 horse power) and large (over 100 horse power) tractor markets have different leaders. Deere and Company dominated the small tractor market with 50-60% market share‚ with International
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Recycling Equipment In the case “Recycling Equipment”‚ David Hendricks is a cost accountant for a small‚ closely held chemical manufacturing company. He faces an ethical dilemma. David has two analyses; the first analysis is purchase of the equipment in the lower estimate of cost savings‚ it would increase the company’s net income but it would decrease the return on investment and affects the bonuses for company managers. The second analysis is in the higher estimate of cost savings‚ the recycling
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Baseball Training Equipment for Beginners Beginners especially youth players can find baseball aids and equipment useful to improve their skills. These devices are beneficial during practice and helps players to transition from beginners to real baseball professionals. Likewise‚ these equipment can help you establish proper batting‚ fielding and coaching mechanics and allow you to be more adept to baseball rules and techniques. Coaches also find these training equipment such as swing trainers‚ batting
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25‚ 2014 Finning Tractor and Equipment Company Limited Introduction: The purpose of this memo is to summarize my analysis on the case regarding “Finning Tractor and Equipment Company Limited” which is the largest distributor of caterpillar products in North America. In this memo I will provide financial analysis on the company. In addition‚ I will focus on the dividend policy implemented by the board of directors and how it correlates to the performance of the company. Background information: Finning
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