Topic: “In a news article titled‚ Shifting Gear: Chrysler Gains Edge by Giving New Flexibility to Its Factories (WSJ‚ 04/11/2006) presented the benefits and case for flexible manufacturing. Comment on the advantages and disadvantage of flexible manufacturing? Comment on the scope economies presented in the news article? What does the existence of such economies imply about the production of autos in growing fragmented market? “ In the news article‚ “Chrysler Gains Edge by Giving New Flexibility
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PREREADING EXERCISE Discuss the following questions in class before reading the case. 1. In your opinion‚ what are the reasons for the Japanese “economic miracle” that has occurred since World War II? 2. Many Japanese companies have become extremely successful in international business during the past twenty years. Which Japanese firms and products are well known in your country? In your opinion‚ why have these Japanese products been so successful? 3. The Japanese style of management
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inner diameter are machined and become 74mm and 27mm respectively. 3) Before threading‚ the side to be threaded is machined up to diameter of 56mm. 4) After that‚ threading is performed up to length of 30mm. 5) Socket welding side is machined to 33‚4mm. 6) The coupling is ready for assembly to use in the project. *Cost analysis of this part will be given in the following section
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How should a company account for the legal costs of formation? Should the accounting treatment be the same as that for underwritten and other share issue costs? Generally it is recorded as the asset but as it does not have any economic future benefits to the company and it occurs only once so it should be treated as intangible assets. Under paragraph 69 of AASB 138‚ intangible assets does not allow the initial cost to be treated as an asset which needs to be treated as an expense and should be
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The Manufacturing Consent – Noam Chomsky Noam Chomsky born on the 7th of December 1928 in the midst of the American “The Great Depression” singlehandedly is known to have transformed the face of linguistics. His most noted contribution to generative grammar is the book “Syntactic Structures” elaborating on things like "the initial state of the language learner" etc. Born in a Jewish family‚ his father was a translator of the Hebrew text‚ this in a way invoked the love of language in his and he
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wood doors manufacturing‚ goal which will be induced by increases in profitability - necessary both for the financial survival in the immediate term and for the viability of an IPO planned for 2007. 2.What seems to be the immediate problem?Forefront Holdings consists in two different companies: Forefront Manufacturing and Forefront Contracting. For the last 15 year the financial situation were consolidated‚ but in 2005 when were divided it was discovered that Forefront Manufacturing was affected
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White‚ 2013). Beck Manufacturing requires assistance with determining capacity of each of their systems and how the capacity can be increased. Beck has four departments including milling‚ grinding‚ boring and drilling and each department is essential in producing steering gears. A manufactured product is often an assembly of multiple parts (Obi‚ 2010). There are several machines within each department that work to produce a piece of the gear. The president of Beck Manufacturing‚ Al Beck has provided
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Additive manufacturing or 3D printing[1] is a process of making a three-dimensional solid object of virtually any shape from a digital model. 3D printing is achieved using an additive process‚ where successive layers of material are laid down in different shapes.[2] 3D printing is also considered distinct from traditional machining techniques‚ which mostly rely on the removal of material by methods such as cutting or drilling (subtractive processes). London and Paris fashion weeks are months away
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Littleton Manufacturing facilitates poor upward and downward communication throughout all levels of the organization. As a result of the ineffective communication system‚ Littleton faces a number of issues which ultimately has affected the bottom line of the company. Key challenges to note are low employee morale‚ low level of unity within the organization‚ poorly designed organizational structure and confusion in interpreting procedures and rules. Improving the accuracy and speed of the flow
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Case 1.1 – Client Acceptance Question # 1: Identify 5 procedures an auditor should perform in determining whether to accept a client. Which of these five are required by the auditing standards? a. (AU 314) The auditor should obtain an understanding of the entity and its environment in the following areas: i. Client’s application of accounting policies ii. The industry‚ regulation and other factors affecting the client iii. Client’s objectives ‚ strategies‚
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