Information systems transformed the manufacturing process beginning with digital manufacturing and the integration of Computer-Aided Design (CAD) and Computer-Aided Manufacturing (CAM). The standards were developed in the 1980’s by the Society of Manufacturing Engineers (SME). Computer-Integrated Manufacturing (CIM) is unique by incorporating information systems for data storage‚ retrieval‚ manipulation‚ and presentation. The purpose of CIM is to integrate product design‚ engineering‚ process
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INTRODUCTION Shaving gel is a viscous‚ clear gel preparation which is applied before shaving in order to soften the beard‚ lubricate the passage of razor over the face and moisturize the skin. Gels have cross-linked system which exhibits no flow in steady state. Desired characteristics of a Shaving Gel: * It should be clear and transparent. * It should have thick consistency but flowable. * It should lather easily when applied with brush. * It should give clean‚ fresh and moisturized
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Quiz 2 1) Cost-volume-profit analysis is used primarily by management: A) as a planning tool B) for control purposes C) to prepare external financial statements D) to attain accurate financial results Answer: A Diff: 1 Terms: cost-volume-profit (CVP) Objective: 1 AACSB: Communication 2) One of the first steps to take when using CVP analysis to help make decisions is: A) finding out where the total costs line intersects with the total revenues line on a graph. B) identifying which costs are variable
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Why Chinese Mothers Are Superior B “Why Chinese Mothers Are Superior”‚ is an article written by the 48-year-old lawyer and mother Amy Chua. The article is published in The Wall Street Journal on January 8th in 2011. In the article Amy Chua focuses on how the western parents up bring their children versus how the Chinese parents up bring their children. The receivers of the article are the western parents because she wants them to lean from the Chinese parents. Though the whole article
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Riordan Manufacturing HR System Analysis Part II BSA 375 May 28‚ 2011 Riordan Manufacturing HR System Analysis Part II The new HRIS system architecture will be implemented and integrated into the existing IT infrastructure which will be supported by the corporate office in San Jose. I recommend that the company consider a three-tiered implementation approach. HRIS base requirements and enhanced HR functionality being deployed to a consolidated organizational-wide instance of the HRIS located
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Cost management | Wilkerson Company Case | | 1. What is the competitive situation faced by Wilkerson? The competitive situation faced by Wilkerson is quite severe. Price cutting in its main product has led to a huge drop in profit. While price increase in another product line partially made up the loss. We will discuss the detailed situation line by line. (1) Valves It was the first product line developed by Wilkerson and its high quality brought it a loyal customer base. Even
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Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
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| Assignment Two Salary Inequities at ACME Manufacturing | Human Resource Management | | The case study of Salary Inequality within
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three basic manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk
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Computer-Integrated Manufacturing | A. Computer-Aided Design and Manufacturing 1. Computer-aided design (CAD); electronic system used to design products and parts a. Replaces drafting by hand b. Computer shows several views as designer creates the drawing c. Stress analysis shows reaction to force‚ indicating where the design is weak or likely to fail d. Successful designs are stored‚ building a library of designs that can be retrieved and reused 2. Computer-aided manufacturing a. computers
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