Caterpillar Page 1 of 8 An Operation’s Perspective of Caterpillar Ryan Operations Management – MAN4504 Prof. City College June 6‚ 2007 Caterpillar Page 2 of 8 Summary This paper provides a brief history of the company caterpillar as well as an perspective on several key points of their operations.
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Caterpillar Inc. was formed in 1925 when Holt Manufacturing Company and the C. L. Best Tractor Co. merged to form Caterpillar Tractor Co. These two companies were formed by Benjamin Holt and Daniel Best‚ thus the two founders of Caterpillar. Throughout their history‚ Caterpillar has continued to update and diversify their product lines to meet the demands of consumers. In 1931‚ the first Diesel Sixty Tractor rolled off the assembly line in East Peoria‚ Illinois‚ offering a new efficient source
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Running Head: RESEARCH PAPER: CATERPILLAR 1 Research Paper: Caterpillar David M. Adkison American Military University RESEARCH PAPER: CATERPILLAR Abstract The topic of my research was the global management expertise and effectiveness of the company Caterpillar Inc.‚ a global leader in the production and manufacturing of construction and mining equipment. I researched the company’s website for core information and sought information outside the company for its global perspective. What I
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PEOPLE WHO LOVE OBJECTS When a human being is attracted to another‚ it’s called interpersonal love. When a human is sexually attracted to an animal‚ it’s called zoophilia or beastiality. This topic is about when a human is attracted to inanimate objects. This is called objectum sexuality or object sexuality. In object sexuality the emphasis is not in fact on ‘sexuality’ at all as while the individual may be sexually attracted to the object‚ they also have strong feelings of love and commitment
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Caterpillar Case Study 1. As one of America’s major exporters‚ Caterpillar has been under the microscope of the American dollar in terms of the company’s profitability. In the 1980s‚ Caterpillar suffered at the hands of Komatsu‚ a Japanese company who was able to undercut the American company’s prices. Because of the status of the U.S. dollar in the 1980s in comparison to the Japanese yen‚ Komatsu was able to capture the market share in the United States and the U.S.’s clients. The decline of Caterpillar’s
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The simple change to the machine worked so well that a bystander was rumored to have said the machine crawled along much like a caterpillar. Holt agreed‚ and dubbed his new machine “Caterpillar‚” a name he eventually trademarked in 1910. In 1986 Caterpillar officially changed the company name from Caterpillar Tractor Company to Caterpillar‚ Inc. In the 1930s‚ Caterpillar machines played a main role in the construction of several great United States landmarks that still stand today. Like The Golden
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ALL ANSWERS ASSUME A TAX RATE OF 35% Even though the tax rate appears to be 1720 / 6725 = 25.57% In answering the following questions‚ please refer to the financial statements of Caterpillar Inc. (CAT) and the relevant Notes to these statements at the end of this write-up. 1. What could be the cause(s) for the shift in LIFO-based inventory from 70% at December 31‚ 2010 to 65% at December 31‚ 2011? A decrease in the replacement cost for Cat’s inventories‚ or an increase
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It is important For Caterpillar to develop new products for the same reason all other companies produce new products‚ to try to stay ahead of the competition. Times change and equipment needs to change with them. New methods are developed that require new machines‚ and you don’t want to let your competitors meet those needs instead of you. Another reason is‚ people change and what they want or need is different. New products also offer innovation (Page 393). It is important to test your new equipment
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Summary Caterpillar is a company in the United States that makes engines tractors bulldozers and a lot of other kind of construction and mining equipment and they have many customers in the United States but also across the world. Caterpillar Is the leader in their industry because of their size and innovation of their machines and engines. The research conducted in this paper was to learn about the financial health‚ history and whether or not it would be a good idea to invest into Caterpillar and whether
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Caterpillar 1. What were some of the key steps that led to Caterpillar’s becoming the industry leader in earth-moving machinery? Caterpillar produced over 300 different kind of machinery for sales around the world. Its products give solution to eight industries such as residential‚ nonresidential‚ industrial‚ infrastructure‚ mining and quarrying‚ energy‚ waste and also forestry. Besides that‚ the use of Caterpillar’s trademark farm treads on the Army tank in World War 1 and World War 2. The
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