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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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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Problem One Cost Behaviour Required: 1. Which costs are classified as the following (no calculations required): a. Variable (per hour) Extras‚ Stage lighting b. Fixed Director costs/salary‚ equipment depreciation‚ royalties c. Mixed Actors‚ Supplies d. Step cost Food 2. The management has planned to film 800 hours and make 6 shows with an average of 3 actors and 2 extras for August 2009. Please calculate the cost of supplies‚ actors‚ and royalties for this month. (Hint: please use high-low method
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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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entrants is very high. Entering the electric automotive industry in 2003‚ Tesla itself faced the challenges of being the new entrant into the market having numerous financial troubles that required high capital investments‚ building the brand and distributions channels. However‚ for established manufacturers with considerable economic power to enter this market is relatively low due to their capabilities and governmental program support for developing electric vehicle (Shirouzu‚ 2011). There is a
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Cross-business activities – page 54 Diversity How our employees’ wealth of experience is inspiring us Employees and management culture – page 66 How our strategy is pointing the way to the future One Siemens – page 78 COVER PHOTO – James D. Palasek and Amber Sherman‚ two of the 370‚000 Siemens employees working together in our global network of trust. To learn more‚ please see: SPECIAL REPORT: DIVERSIT Y‚ PAGES 66-75 When a new international airport is being planned‚ when a doctor recommends
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