Winsome Manufacturing Company I am the manager of a firm that produces plastic storage containers for sale at home events. We will be introducing a new multiple container system to which will require minimal storage space in ones home. This product thus opens a sales channel market‚ allowing for additional add on products and to generate new revenues. The product is scheduled to be introduced in nine months during the first quarter of the new fiscal year. The new project requires participation from
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to regular customers. The following per unit data apply for sales to regular customers: Direct materials $455 Direct labor 300 Variable manufacturing support 45 Fixed manufacturing support 100 Total manufacturing costs 900 Markup (60%) 540 Targeted selling price $1440 Grant’s Kitchens has excess capacity. Ms. Wang wants the cabinets in cherry rather than oak‚ so direct material costs will increase by $30 per unit. 72. For Grant’s Kitchens‚ what is the minimum acceptable price
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It is not a secret and it is fair to say that the Army is fast to pass down mandatory requirements to their Soldiers regardless whether they can actually comply with those requirements in a timely manner. I never expect to challenge that statement with a First Sergeant during my first training meeting as a new First Sergeant a few years ago. In 2010‚ the total number of training requirements was around 35. At the end of each quarter‚ the First Sergeants from three different companies met with the
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Compare and contrast Toyota’s manufacturing system with a conventional mass-production system. The conventional mass-production system advocates that by producing a limited product line in massive quantities‚ companies can reach efficiency as well as gain economies of scale. However‚ this can create a large amount of extra costs such as the warehouse rents for the excess inventories. Moreover‚ the extreme division of labor and long production runs increase the probability of getting defects‚ which
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Running Head: Riordan Human Resources Riordan Human Resources Learning Team B University of Phoenix BSA 502 May 22 2009 Riordan Human Resources Riordan Manufacturing‚ Inc is an industry leader in the field of plastic injection molding and employs 550 individuals throughout its plants in the USA and China. Its products include plastic beverage containers produced at its plant in Albany‚ Georgia‚ custom plastic parts produced at its plant in Pontiac‚ Michigan‚ and plastic fan parts
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Why might it be difficult to develop a manufacturing cell? Support your answer with examples. Cellular manufacturing is a manufacturing process that produces families of parts within a single line or cell of machines operated by machinists who work only within the line or cell. A cell is a small scale‚ clearly-stated production unit within a larger factory. This unit has full responsibility for producing a family of like parts or a product. All necessary machines and manpower are enclosed within
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review performance v. The client’s internal control The second standard of fieldwork requires that the auditor obtain a sufficient understanding of the entity and its environment‚ including internal control‚ in order to assess the risk of material misstatements. The auditor should assess the inherent risk factors about the client by learning about the industry‚ regulations‚ etc as listed above. The auditor should also try to assess the control risk factors. Were transactions subject to management
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Wireless Network Types Summary Tables (Week 9) Associate Program Material Appendix H Wireless Network Types Summary Tables Complete the Week Nine Capstone CheckPoint by filling in the summary tables below. These tables will help you summarize wireless network types. Wireless Personal Area Network (WPAN) |Maximum transmission distance |10 meters or 33 feet | |Two current applications of WPANs |PDAs and Smart Phones‚ even tablets using Bluetooth connections. | | |Laptops and Netbooks using
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Rich Manufacturing Saint Leo University MBA 540 Sep 8‚ 2011 Why do many firms use cost-plus pricing for supply contracts? Firms use cost-plus pricing in order to cover their operating costs. Cost-plus means they can increase the price to their customers with whom they have contracts when the operating costs rise. Operating costs can rise for many reasons and cost-plus pricing allows firms the flexibility to manage operating costs. This flexibility is often needed when the price
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to come up with this product? Who was invloved in this process and what are their living conditions like? Manufacturing the paper The technical process of making paper compromises is heavily based on raw materials. It involves three main and basic steps. First‚ a mixture of fibres is made‚ i.e‚ pulp‚ this pulp comes from natural resources such as trees or recycled paper material. The pulp is then pruduced through an advanced chemical or mechanical process. After the pulp is made‚ it can be
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