...and weakness-------------------------------------------------------3 4 Order winners and qualifiers-------------------------------------------------3 5 Environment analysis---------------------------------------------------------3 6.1 external analysis--------------------------------------------------------------3 6.2 Forces analysis---------------------------------------------------------------3 6 main expectations-------------------------------------------------------------3 7.3 main expectation--------------------------------------------------------------3 7.4 improvement from the relationship with Flextronics---------------------3 7 key challenges-----------------------------------------------------------------3 8 key issues-----------------------------------------------------------------------3 Reference---------------------------------------------------------------------------3 Appendix---------------------------------------------------------------------------3 Abstract This report is based on the case study of Lego Group’s outsourcing journey. It will apply some business and operations management theory and models to analysis of Lego’s management decisions in forming the operations strategy and development operations designs. Through the analysis, the...
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...Manufacturing Analysis Paper Peter Stifner ACC 561 February 1, 2016 Some Doofus Professor Manufacturing Analysis Paper A regulatory analysis for the Ideal Manufacturing Company revealed several issues with the company. While the Research and Development portion of the company has been successful, the prestige is bought with significant costs which the company hopes to offset with outside business. The issue at hand is to decide if Ideal should proceed with outside Research and Development for other enterprises to help offset the cost or find other avenues to pursue. Activity-Based Overhead Costs and Drivers Ideal Manufacturing activity-based uses in each activity cost item some amount of overhead. The four activity items exist which are revealed by the company. Prototype testing, product design, product development and market analysis are each of the activities which the company engaged. The annual cost of each are; $1,400,000 used in prototype testing, product design is $2,350,000, $3,600,000 used in product development, and market analysis is $1,050,000. (Kimmel, 2011) Each activity also has drivers which are prototype testing estimated 500 tests, product design estimated 2,500 designs, product development estimated 90 products, and market analysis estimated 15,000 hours. To determine an activity-based overhead rate for each activity a calculation such as the following in which the products configure activity cost estimated overhead divided by the cost drivers which...
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...Managerial Analysis Sherry Perry ACC/561 October 28, 2013 Norberto Torres Managerial Analysis Ideal management is considering Activity-based Costing (ABC) to absorb its increasing Research & Development (R&D) costs that have been spiraling uncontrollably. Ideal R&D Department has only provided in-house services to its manufacturing departments, but Ideal management is considering outside R&D support to other manufacturing firms that have requested support to help with the R&D costs. To accomplish this goal, with an activity based costing (ABC) system, which is a two-step process, first we need to identify the activity cost pools. This is an essential task to identify the tasks performed to produce a product or perform a service. All activities must be documented. In the case of Ideal, for just the R&D Department, four cost pools have been identified; they are Market analysis, Product design, Product development and Prototype testing. The next task is to determine the annual overhead costs for each cost pool. The annual costs for each pool are as follows; Market analysis: $1,050,000, Product design: $2,350,000, Product Development: $3,600,000, and Prototype testing: $1,400,000. The next step is identifying cost drivers within each cost pool. One cost driver has been identified for each cost pool. Once the amount for each driver is calculated, the annual overhead cost for each cost pool is divided by the cost driver for that cost pool to determine...
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...Introduction Nowadays house price is becoming increasingly important, as residents should take the house price into consideration when they plan to buy a house and policymakers should make regulations on real estate market based on house price. Therefore, the determinants of house price are becoming increasingly important. However, some misunderstandings still exist，such as the real relationship between house price and land price. The author will elaborate on the relationship mentioned above from the following two aspects. From the aspect of microeconomics, due to some reasons like changing jobs to other cities or deciding to change the living environment, people may buy a new house to start their new lives. Some individuals like to take convenience and quality of environment into consideration, and they may prefer some more comfortable places that have a good public transport service or short distance to CBD (Central Business District). According to the study of the relationship between New York vacant land price and location by Atack (1998, pp.151-172), the author concludes that the distance from city hall and land price have an inverse relationship. Thus, if they want to choose a place that may provide many conveniences, they cannot probably afford the house because of the high price of land. Then they may be always likely to regard land price as a sole determinant as land and house have a strong relationship regardless of other factors. Therefore, a concept may be shaped...
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...agricultural machinery. They recently recognized that their research and development costs were out of control. Activity based costing helps them to gain control of their costs and identify the basis of cost for charging external companies wishing to hire their research and development department. The table below illustrates how Ideal Manufacturing uses activity based costing to calculate costs (Kimmel, Weygandt, & Kieso, 2011). Table 1 To calculate costs for each activity pool, Annual costs are divided by the total estimated cost drivers. ACTIVITY | COST DRIVER | ANNUAL COSTS | TOTAL ESTIMATED DRIVERS | Market Analysis | Hours of Analysis | 1,050,000 | 15,000 hours | Product Design | Hours of Design | 2,350,000 | 2,500 designs | Product Development | Number of Products | 3,600,000 | 90 products | Prototype Testing | Number of Tests | 1,400,000 | 500 tests | OVERHEAD RATE PER COST POOL= Annual Costs/Total Estimated Drivers | RATE | Market Analysis | 1,050,000/15,000 = 70 |...
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...Regression Analysis November 6, 2012 Question 1 – Do buyers pay a premium for a brick house, all else being equal? According to Model 1 above, a premium indeed is paid for a brick house if no other factor is considered. The reference being of a non-brick house shows an average price of $121,958 for house of all sizes, all locations and any number of rooms and bedrooms. A brick house, for all of the same criteria shows a premium of $25,810 being paid. Question 2 – Is there a premium for a house in neighborhood 3, all else being equal? Going by Model 2 above, a premium can indeed be observed for houses purchased in Neighborhood 3. Setting neighborhood 3 as the reference point, we observe an average house price of $159,294 with houses in the neighborhoods 1 & 2 showing average prices being $49,140 & $34,063 lower, respectively. Question 3 – Is there an extra premium for a brick house in neighborhood 3, in addition to the usual premium for a brick house? According to model 3, a premium can indeed be observed for brick houses in neighborhood 3 as opposed to brick houses in all other neighborhoods. We test this by adding an interaction variable of brick houses within neighborhood 3 and testing this against the reference which is a brick house and a house within neighborhood 3. With these reference parameters set, we get an average price for the reference group of $148,230 & a premium for the houses meeting the interaction variable criteria (brick house within neighborhood...
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... 11/04/15 Hanselmann House Analysis The Hanselmann House, designed by Michael Graves in 1967, became the first commission for Graves. Graves an American architect was a member of The New York Five as well as the Memphis Group. He is recognized through his iconic Postmodern Architecture as well through his design of domestic products with Target and J.C. Penney. Most recently before his death, he practiced New Urbanism, New Classical Architecture, and placed accessible design an importance because of his paralyzed state. He directed and established his firm Michael Graves & Associates. This commission was in Fort Wayne, Indiana for two of his High School friends (The Hanselmanns). The program was set to accommodate a family of 6: 2 adults and 4 children and without further known restrictions which let to many Architectural Intentions. The Hanselmann House is primarily designed as a white double cube with three layered facades. These three layered facades gave the transition between exterior spaces as well as a layering of the façade creating a complexity of form among these transitions. The house is divided into three floors and is mostly white with the exception of the use of yellow, blue, red, and a mural in the ground floor. The most important design principle for The Hanselmann House is the use of 4 of Le Corbusier’s Five Points. The Hanselmann House shows 4 Points through the use of pillars along the Southside of the...
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...Term Paper on MIGRANT WOMEN AND THEIR LIVELIHOOD FRAME WORK IN DHAKA CITY: A CASE STUDY ON T&T SLUM Chapter | Page no. | 1. Introduction | 4 | 2. Methodology | | 2.1 Focus Group | 5 | 2.2 Group Size | 5 | 2.3 Data Collection | 6 | 2.4 Data Analysis 2.5 Limitation | 6 7 | 3. Findings And Analysis | 7 | 3.1 Reasons Of Migration | 7 | 3.2 Way Of Earning | 9 | 3.3 Obstacles | 10 | 3.4 Family | 12 | 3.5 Earning And Spending | 12 | 3.6 Support | 14 | 3.7 Satisfaction | 15 | Conclusion | ...
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...Shabu House’s Business Analysis The following information will provide an overview analysis of one of the multiple Shabu Houses located in San Francisco. This information will be divided into two sections. The first two sections will describe the overall property and an operation description of Shabu House business purpose, volume of business, and distinction in the market. The second section will provide an evaluation of the services and products offered through promotion strategies to the business's target market while discussing strengths and weaknesses. The second section will provide an evaluation of the services and products offered through promotion strategies to the business' target market while discussing strengths and weaknesses based on a site visit made on February 11th from 5pm and 7pm. Shabu House is a Japanese style hot pot restaurant. Shabu House has created a menu that serves a variety of soups, meats, vegetables, and, as well, offers a vegetarian option with a selection of sake, beer and wine. In fact, according to former manager, Amy Wong, Shabu House was the first brand to create the spicy miso broth (personal communication, February 10, 2015). This creation generated an open market for others to open up their own Japanese hot pot restaurant. The Shabu House location on Ocean Avenue is one of the smallest restaurants compared to its other locations. The maximum capacity of this restaurant is 65 people. Shabu House holds about twelve tables, five bar seats...
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...Profile 4 PORTER’S FIVE FORCES STRATEGIC ANALYSIS 5 Outcomes of Porter’s Five Forces 5 SWOT ANALYSIS 6 Evaluation of Alternatives 6 Recommended Strategy 7 Executive Summary ECCO, a global manufacturer and a supplier of shoe products, wants to expand into the Chinese market to increase its export to major markets and also increase product sales among Chinese consumers. But many Chinese manufacturers imitated the product design and features of ECCO increasing the intense competition for the company in the Chinese market. Also, ECCO for years has a sole focus on increasing the quality of the shoes manufactured by using its sophisticated in-house “direct injection” technology. But the company cannot only thrive on its quality unless the company’s efforts to ensure quality are not communicated to the consumers. Thus, the company focused less on marketing operations that is evident from its low marketing budgets as compared to its competitors. Also, the most of the products manufactured in four production facilities outside Denmark were distributed through its distribution centre in Tonder, Denmark where only six to nine percent of total production was actually sold. Thus, ECCO became inefficient to fulfil the replenishment orders that had to be delivered within a few days notice. Thus, the main challenge for ECCO is to focus more on the marketing operations of its products & remove the inefficiencies in its in-house “cow to shoe” value chain that converts the...
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...Electoral System in Slovenia Analysis paper 04.14.2011 Electoral System in Slovenia An electoral system has a significant influence on the structuring of the party system within a country. In 1991, for a newly established democratic republic, Slovenia, the question of selecting the right electoral system was on top of the political agenda. Slovenia, that just had socialist period of the past, when there was “voting without elections”, looked for ways to obtain a stable political system and chose the model, used by the developed countries of Western Europe. The choice to use proportional system has lead to multi-party system and effective governance. According to the reports by Freedom of House, the country is placed very highly with respect to its overall level of democracy, while the level of competition is above the global average. This proves us once again the validity of Lijphart’s theory, that claims that proportional electoral systems lead towards greater long-term democratic stability in deeply-divided plural societies. To begin with, the electoral system concerns multiple aspects of electoral law and its most basic characteristics, defined clearly in Patterns of Democracy, are the ballot structure, determining how voters can express their choices, the electoral threshold, or the minimum votes needed by a party to secure representation, the electoral formula, determining how votes are counted to allocate...
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...16-08-2012 ACKNOWLEDGMENT I want to take this opportunity to thank all the PharmEvo personals for taking the time to share their expertise and knowledge of the field during our internship experience with PharmEvo. The experience was more than i could have expected and allowed me the freedom to develop and maintain individual accounts as a professional member of the team. Working for PharmEvo helped me use the knowledge i have acquired over the past four years as a university student. 1 PREPARED BY MOOSA KAZIM 16-08-2012 TABLE OF CONTENTS Overview of PharmEvo ...................................................................................... 3 Departmental Structural Chart ........................................................................... 4 Technical Services ............................................................................................. 5 Supply Chain ..................................................................................................... 6 Quality Control (QC) ......................................................................................... 7 Quality Assurance (QA)..................................................................................... 8 Quality Compliance ........................................................................................... 8 Production ......................................................................................................... 9 Regulatory Affairs .................
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...Methodology In my thesis I utilized the quantitative content analysis method. There are many definitions of this research method from different authors. Most of the definitions include similar principles. The research should be systematical, objective, quantitative and replicable. Daniel Riff introduced in his book the major definition and compiled their aspects into his own. He says: “Quantitative content analysis is the systematic and replicable examination of symbols of communication, which have been assigned numeric values according to valid measurement rules, and the analysis of relationships involving those values using statistical methods, to describe the communication, draw inferences about its meaning, or infer from the communication...
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...The construction industry has started to embrace IBS as a method of attaining better construction quality and productivity, reducing risks related to occupational safety and health, alleviating issues for skilled workers and dependency on manual foreign labor, and achieving the ultimate goal of reducing the overall cost of construction. Apart from this, it offers minimal wastage, fewer site materials, a cleaner and neater environment, controlled quality, and lower total construction costs [4-6]. The chronology of IBS adoption in Malaysia has long historical note, back in the adoption of precast elements in buildings in the 1960s, to address the acute shortage of houses. However, the introduction of IBS was never sustained in this...
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...Strategic Marketing Plan for the Starbucks Coffee Company Table of Contents Introduction and background 3 Company mission, company objectives 3 Market definition and product or brand background 4 Evaluation of results and conclusion about problem 5 Situational Analysis 5 Internal analysis 5 Customer analysis 7 Industry analysis 8 Competitor analysis 11 Distribution and supplier analysis 11 SWOT analysis – Confrontation Matrix 12 Choice of option 13 Marketing objectives/ expected results 13 Marketing strategy 13 Target audiences 14 Brand and product position 14 Decisions regarding marketing mix elements 15 Objectives for marketing mix elements 15 Strategies and tactics for marketing mix elements 15 Financial indicators and budges 16 Evaluation criteria 16 Sources 16 Introduction and background Company mission, company objectives The first Starbucks café was opened in 1971 in Seattle’s historic Pike Place Market. It was only a small café, but it offered some of the world’s finest fresh-roasted whole bean coffees. The company’s name derives from Moby Dick, the novel was written by the American author Herman Melville in 1851. Starbuck is the first mate on a whaling ship named ‘Pequod’, he is an intelligent Quaker (religious group) and he is from Nantucket. The name evoked the romance of the high seas and the seafaring tradition of the early coffee traders. Starbucks chairman, president and...
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