639‚726 $2‚613‚699 Cost of inefficiency: $2‚613‚699 ´ 0.15 $392‚055 d. 1. Offering 3/10 net 60: Reduction in collection period 75 days ´ (1 0.4) 45 days OC 83 days 45 days 128 days CCC 128 days39 days 89 days Resources needed $6‚461‚644 Additional savings $8‚639‚726$6‚461‚644 $2‚178‚082 $2‚178‚082 ´ 0.15 $326‚712 2. Reduction in sales: $40‚000‚000 ´ 0.45 ´ 0.03 $540‚000 3. Average investment in accounts receivable assuming cash
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Rich-New January 26‚ 2015 Case Study One- Rio Tinto: Redesigning HR 1. Synopsis Rio Tinto‚ an international London based mining and mineral company was severely impacted by the global recession in 2008. Such an impact forced unprecedented workforce reductions worldwide and decentralized HR management had to be brought in under a single umbrella to insure an orderly and efficient system that would support the organization’s future productivity. This new proactive approach to management‚ utilization of
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neutralizer to allow us to see the effect of the disinfectant on the four organisms within a 5 minute range. The bacterial suspension used for paired at different concentration data was Staphylococcus Aureus for which gave good results when the reduction factor value of 1.20x106 ml-1 was obtained for the organism as it was above the value 105 which was used a guideline for effectiveness of the test. For class data there was four organisms investigated which were: Staphylococcus Aureus‚ Enterococcus
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INTL 4997: The Mexican Drug trade | Reading Response #3 | | | Audrey Robert | 10/31/2012 | | David Mares gives us insight into the political economy of drug trafficking in his book Drug Wars and Coffee Houses. To help us understand how psychoactive substances are organized and distributed‚ he uses the concept of a commodity chain. A commodity chain is the system that links consumption of psychoactive substances to everything that makes it possible‚ and proves that if something
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STEEL ASIA MANUFACTURING CORPORATION: Company Case Study STEEL ASIA MANUFACTURING CORPORATION COMPANY DESCRIPTION Steel Asia Manufacturing Corporation (SAMC)‚ a joint venture with TATA Steel from India‚ is located in Bulacan in the Philippines and produces reinforcing steel bars (also referred to as rebar) for use in construction. The plant was commissioned in 1996 and currently has 400 employees. Annual production is 360‚000 tons of steel bars compared to its 400‚000 tons annual designed capacity
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decision of the SBMAB meeting held on June 08‚ 2013 regarding the following issues: Working with National Board of Revenue (NBR)‚ Ministry of Trade and Commerce‚ Ministry of Industries and Ministry of Finance of the Government of Bangladesh for the reduction of tax and duties of the raw materials used in the Steel Building Manufacturing sector as much as possible Providing for legal expenditure of SBMAB till date According to the documents recently sent by SBMAB to MSBPL‚ SBMAB has been on the pursuit
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000‚ and total variable cost equal $120‚000. The production department has estimated that a 10 percent increase in output would not affect fixed cost but would reduce average variable cost by 40 cents. The marketing department advocates a price reduction of 5 percent to increase sales‚ total revenues‚ and profits. The arc elasticity of demand with respect to prices is estimated at -2. First of all‚ I calculated the current level of production‚ in order to get Total Revenue (TRc)‚ Total Cost (TCc)
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efficiency in production .Economies of can henceforth be define as ‘the reduction in average costs of production‚ that occur as a firm increases in size’. As businesses grow and their outputs increases‚they commonly benefit from a reduction in average costs of production.Total costs will increase with the increase in output‚but the cost of producing each unit falls as output increases .The reduction in average cost is what gives larger firms a competitive advantage
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progress so far‚ IAMGOLD has lowered its cost guidance for 2015. The gold miner now expects its total cash cost for the year to be in the range of $825 and $865 an ounce and all-in sustaining costs between $1‚050 and $1‚150 an ounce. These cost reduction moves are a result of an improved operational performance at its mines. Although some of its mines unperformed during the quarter on a year-over-year basis‚ but IAMGOLD is taking the necessary steps to rectify the problems. For example‚ at its Suriname
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multinational companies just do businesses for profit purposes‚ they cannot make society happy. But if these companies involve themselves in socially corporate responsible activities‚ it can reduce poverty and increase economic stability although poverty reduction has not been an explicit element of CSR. By emphasizing social dimensions of development‚ stimulating commerce and development at the bottom line of the pyramid‚ multinational companies could radically improve the life of billion people and help
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