Ten years ago our electric motor business was in real trouble. Low labor rates allowed the Eastern Bloc countries to sell standard motors at prices we were unable to match. We had become the high-cost producer in the industry. Consequently‚ we decided to change our strategy and become a specialty motor producer. Once we adopted our new strategy‚ we discovered that while our existing cost system was adequate for costing standard motors‚ it was giving us inaccurate information when we used it to
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Background: The Electric Motor Works (EMW) was Siemen’s primary producer of low wattage alternating current (A/C) motors‚ which sales volume was contributed by 80% of standard motors and 20% of customized motors. Although the firm had started to alter their program and had expanded the business in 1974‚ they still could not decline the price sufficiently to compete with the lower labour rate in Eastern Bloc competitors. Instead of mass production‚ EMW changed their strategy to manufacture efficiently
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of each order processed is $210.29 and the cost of per special processed is $60.00. The calculation of the five orders (A-E) under the new costing system Table 1: New system Base Motor cost Order processing cost Special Motor cost # of different types of special components per motor Special component cost Total cost a A 304 210.29 39.6 1 60 613.89 B 304 210.29 79.2 2 60*2 713.49 C 304 210.29 118.8 3 60*3 813.09 D 304
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Determine the ending balance of the following account at the end of December to help Sadaf’s prepare for the 2009 annual financial statements. (Hint: calculate the predetermined overhead rate to allocate overhead.) Please round to nearest dollar. a. Work in Process for chairs (not including lounge chairs) b.
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1 ELECTRIC MOTORS I. Introduction Electric motors are considered to be important mechanical devices. They usually convert the electrical energy coming from the mechanical device into its kinetic energy to make it work (Petingco and Resurreccion‚ 2011). In this exercise‚ the students were tasked to use an example of an electric motor‚ identify its parts‚ and make it work. All electrical motors are equipped with stator and rotor. Stator is known as the stationary part of an electric motor
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How to Make a Simple Electric Motor Energy comes in many forms. Electric energy can be converted into useful work‚ or mechanical energy‚ by machines called electric motors. Electric motors work due to electromagnetic interactions: the interaction ofcurrent (the flow of electrons) and a magnetic field. Problem Find out how to make a simple electric motor. Materials Needed D battery Insulated 22G wire 2 large-eyed‚ long‚ metal sewing needles (the eyes must be large enough to fit the wire through)
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|Case Study: | |Siemens Builds a Strategy-Oriented HR System | |Document submitted by |Group 1 | |Authors |Amir Hamzah Mohd Amir (G0834371)
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1. Identify four benefits to Siemens of its in-depth training and development of workers. Answer Training and development programs of Siemens give them varieties of benefit and advantage. Such as improvement of services and customer feedback‚ responding to competition with other multinational companies and creating greater job satisfaction. Four benefits that Siemens can attain through training and development: Improving productivity and earning more revenue Training and development
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and formulating strategy: Porter‘s 5 competitive forces model is starting point for strategic analysis that is used for assessing the attractiveness of an industry (Johnson‚et al ‚ 2008) and discovering a desirable strategic innovation that improve the industry and company profitability (Wit and Meyer‚2005) The threats to new entrants: The threat from new entrants is very high. Entering the electric automotive industry in 2003‚ Tesla itself faced the challenges of being the new entrant into the
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Case Study10 Siemens’ Simple Structure–Not There is perhaps no tougher task for an executive than to restructure a European organization. Ask former Siemens CEO Klaus Kleinfeld. Siemens‚ with 77 billion Euros in revenue in 2008‚ some 427‚000 employees‚ and branches in 190 countries‚ is one of the largest electronics companies in the world. Although the company has long been respected for its engineering prowess‚ it’s also derided for its sluggishness and mechanistic structure. So when
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