Management report for Jiminy Peak
1. Executive Summary * Key issue facing Jiminy Peak Jiminy Peak exists a very high energy costs and consumption every year because it spends a lot of electricity to run its business. * Main finding from analysis of Jiminy Peak’s energy costs The company use machines to manufacture snow, which consume 7.5 million kilowatt hours of electricity each year. The managers of the company realize that they need to employ wind power to produce electricity, which is a renewable green resource readily available to the mountain resort. The use of wind energy needs an investment at the beginning, and the wind turbines would produce aesthetic issues and noise pollution. However, the project can recover the cost within 7 years and produce a long-term cash inflow. In addition, the wind energy is sustainable, and it can reduce the consumption of fossil fuel and air pollution. Finally, the project is helpful for the local economy and residents. * Recommendation for Jiminy peak
The company should invest the project, which is profitable for the company and friendly for the environment and social.
2. Introduction Jiminy Peak consumes 7.5 million kWh of electricity each year because its business is very energy-intensive. The managers of the company decide to employ wind turbine to produce electricity. The project needs a large investment to purchase and install turbines, and it also produces aesthetic issue and noise pollution. However, the project will create a lot of positive effects on financial, environmental and social. In the following part, I will give some analyses and recommendations. In Section 1, I analyze the capital budgeting. In Section 2, I show the environmental analysis. In Section 3, I analyze the social factors of the project. In Section 4, I show the analysis of environmental cost