clear understanding about these tools. The subject is proposed to be covered in four phases viz. developing conceptual knowledge‚ using the tools to simple problems with hand calculations‚ using computer to solve complex problems‚ and discussing few cases. MS Excel is used as computer package to develop simple templates to solve problems. Within available time only few OR techniques are included in the course. However‚ students are advised to familiarize themselves with other techniques on their own
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2014 STUDENT C ASE C OMPETITION The Student Case Competition is sponsored annually by IMA® to provide an opportunity for students to interpret‚ analyze‚ evaluate‚ synthesize‚ and communicate a solution to a management accounting problem. Starfire’s Dilemma Capacity at What Cost? By Thomas L. Albright‚ CPA; Paul E. Juras‚ CMA‚ CPA; and Russ Elrod F ounded in 1968 by Alan James‚ Starfire Trucking Company has grown into a sizeable operation with 90 trucks and 180 trailers. Recently
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Using the information contained in the case‚ conduct a five-forces analysis of the U.S. Steel industry. What conclusion can you draw from this? 1. The risk of entry by potential competitors: High a. Capital Requirement: Steel industry is a capital intensive business. b. Economies of scale: Research and Development expenses and better bargaining power while sourcing raw materials. It may be noted that those steel companies‚ which are integrated‚ have their own mines for key
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by way of case stated by one of the stipendiary magistrates sitting at Bow Street‚ before whom informations were preferred by police officers against the defendants‚ in each case that she ‘being a common prostitute‚ did solicit in a street for the purpose of prostitution‚ contrary to section 1 (1) of the Street Offences Act‚ 1959.’ The magistrate in each case found that the defendant was a common prostitute‚ that she had solicited and that the solicitation was in a street‚ and in each case fined the
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CASE ANALYSIS ABC STEEL COMPANY VIEWPOINT: • Mr. Robert‚ the newly appointed Shop Manager of ABC Steel Company. The company had placed Mr. Robert in charge of all shop operations. TIME CONTEXT: • On weekend to complete a number of unfinished jobs. I. PROBLEM STATEMENT • How to work out backlogs efficiently? II. STATEMENT OF THE OBJECTIVE • To make production and delivery dates realistic • To improve working behavior of employees III. AREAS OF
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Case Study: Nucor Steel Corporation. Nucor Corporation is characterized by its owner‐operators who take pride in their work and teams and as a result have created great profitability for a traditional steelmaker. Nucor is known for many things including its pay practices that base earnings on performance as well as the value and trust the corporation places in its employees. At Nucor employees are rewarded based on their effort‚ treated with great respect and empowered to make decisions based on
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10 CASE Nucor Corporation: Competing Against Low-Cost Steel Imports ASSIGNMENT QUESTIONS 1. What are the primary competitive forces impacting U.S. steel producers in general and the producers like Nucor that make new steel products via recycling scrap steel in particular? Please do a five-forces analysis to support your answer. 2. What driving forces do you see at work in this industry? Are they likely to impact the industry’s competitive structure favorably or unfavorably? 3. How attractive
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Case Studies C-1 INTRODUCTION Preparing an effective case analysis C-3 CASE 1 CASE 2 CASE 3 CASE 4 CASE 5 CASE 6 CASE 7 ABB in China‚ 1998 C-16 Ansett Airlines and Air New Zealand: A flight to oblivion? C-31 BP–Mobil and the restructuring of the oil refining industry C-44 Compaq in crisis C-67 Gillette and the men’s wet-shaving market C-76 Incat Tasmania’s race for international success: Blue Riband strategies C-95 Kiwi Travel International Airlines Ltd C-105 CASE 8 Beefing up the beefless
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MEMORANDUM To: F. Kenneth Iverson and Management Team of Nucor Corporation CC: AGSM Faculty Teams Subject: Investment Decision Date: 04/22/2009 From: 1713898 The Situation In 1986‚ flat sheet segment contained 52% of US total steel market1. Nucor Corporation‚ which is a steel minimill well-known for its leadership‚ efficient operation and well-structured compensation‚ is showing the interest in the flat sheet segment. At the same time‚ there are many new thin-slab casting technologies to help minimills
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PG0-002 MAY 6‚ 2011 PANKAJ GHEMAWAT RAVI MADHAVAN Mittal Steel in 2006: Changing the Global Steel Game On January 27‚ 2006‚ Laxmi Niwas Mittal (LNM) and his son‚ Aditya Mittal‚ Chairman & CEO and CFO respectively of Mittal Steel‚ prepared for the press conference at which they would announce Mittal Steel’s unsolicited €18.6 billion bid to acquire the European steelmaker Arcelor. Although Mittal Steel had been a prime mover behind the consolidation of the industry—and most participants
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