ACKNOWLEDGEMENT In this assignment‚ we would like to take an opportunity to send our appreciation to the college due to a proper syllabus and good environment have been provided. Next‚ we would like to thank our Costing and Pricing lecturer‚ Mr.Balan for his generous help. We believe that we cannot create an excellent assignment without his advice and help. At the same time‚ we would like to express our thanks to those who helped us to carry this assignment successfully. Thank you very much
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STAFFING STRATEGY FOR A NEW PLANT Should the plant manager come from inside the current managerial ranks or be sought from the outside? With HCE’s current situation‚ including the riskiness of the venture‚ initially planned low margins‚ and high start-up costs‚ it would practical to get the plant the manager from inside the current managerial ranks. It will lessen the risk because they will get a person who already is inside the organization and knows the goals of the organization. It is the human
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Product Design & Development The Generic Process for Developing New Products Product development is the process of creating a new product to be sold by a business or enterprise to its customers. In the document title‚ Design refers to those activities involved in creating the styling‚ look and feel of the product‚ deciding on the product’s mechanical architecture‚ selecting materials and processes‚ and engineering the various components necessary to make the product work. Development refers collectively
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Often Hindustan Unilever must invest in production capacity before a product is brought to market. At the time of investment‚ product demand is uncertain‚ and the capacity decision might be made using a forecast of the product sales‚ where the forecast may take the form of a probability distribution. This uncertainty in the product demand complicates the capacity investment decision and any reduction in the uncertainty would be desirable. In some circumstances‚ the company may have the ability
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analysis 3 1. How Porter Five Forces Model Reflect Upon the Reality 3 1.1 Porter Five Forces Model 3 1.2 Substitute 4 1.3 Threat of New Entrants 5 1.4 Rivalry 5 1.5 Bargaining Power of Suppliers 5 1.6 Bargaining Power of Buyers 5 2. Compare Theory and Practice 6 2.1 Rivalry for Ford 6 2.2 Threat of New Entrants 7 2.3 Bargaining Power of Ford 10 3. Strategy of Overall Cost Leadership 11 4. A Plan for Ford 12 4.1 SWOT Analysis of Ford 12 4.2 How measurement Ford can implement 13 4.3 The
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the varieties of ketchup can open a new idea that squash can be used as an alternative ingredient in making catsup‚ so SDF Company introduced catsup made in squash. This can be use as a dip for fried foods. It can be also use as a base for various sauces. It may last for 1 month without any changes in taste and aroma. The squash catsup looks like the banana catsup‚ its color‚ appearance and taste. It has equal sweetness and spiciness. The texture of the product is smooth. SDF Company believe that
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global‚ cross-functional team at Cisco Systems‚ Inc. was seeking the green light to start manufacturing a new router‚ code-named Viking. The team faced a number of challenges in launching the low-cost but powerful router for telecommunications service providers. After overhauling the project to sharply increase the router’s planned speed and capacity‚ the company had just one year to launch the product‚ an unusually fast schedule. In addition‚ Viking team was proposing that manufacturing be launched in
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Transportation Cost & Pricing Transportation Cost & Pricing Compare and contrast the cost structures of rail‚ motor carriers‚ and air. When you compare the rail cost structure to that of the cost structures of the motor‚ and air carriers‚ you will see that the rail carriers have a high structure cost. “One of the characteristics of railroads as previously noted is the level of fixed costs present in their cost structures.” (Coyle‚ 2011) These fixed cost exists because the ownership of
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Home Phone vs. Cell Phone | The telephones today are absent or even an old fashion tool of communication and information exchange. If you still have or are using a home phone‚ you are now officially in the minority. Alex Graham Bell invented the first telephone in 1875. By 1877 the first telephone lines were constructed. In 1880 almost 49‚000 home phones were in use. As the years went by home phone usage increased dramatically with almost 80 million people by 1960. Within 50 years of its
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MARKET SKIMMING PRICING: It is a pricing strategy in which a marketer sets a relatively high price for a product or service at first‚ then lowers the price over time. The purpose of such strategy is to make higher profits within the short run period in order to recover the costs incurred in product researching‚ manufacturing‚ marketing etc. because such costs associated with the product are high. However this strategy carries with it the risk of acceptance of the product in the market as other
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