...Department Case Analysis No. 5 Oxford Plastics Company Management Principles and Dynamics Mr. Raymund Habaradas 3st Term, S.Y. 2011-2012 Group 2 Balinas, Diberjohn Carigara, Llany Lopez, Annie Santiago, Kristoffer Villapando, Leizl 12 March 2012 Case Analysis No. 5: Oxford Plastic Company. -The Power of Two. 1 Table of Contents Page No. I. II. III. Synthesis Point of view Statement of the problem 3 3 3 3 3 6 7 9 11 11 IV. Statement of objectives V. Areas for Considerations VI. Alternative courses of action VII. Recommendation VIII. Implementation plan IX. Learning points X. Reference Case Analysis No. 5: Oxford Plastic Company. -The Power of Two. 2 I. Synthesis Oxford Plastics is a manufacturer of high quality plastics and resins. The plant employs 3000 workers in a 75-acre facility in Beatty town. It has plans of expanding the facility to accommodate a color laboratory and paint shop that will enable better and faster operations to meet customer requirements and increase competitiveness. The Governor is in full support of the additional facility for economic development. He encouraged the plant manager to coordinate with officials to address and avoid problems in relation the expansion. Oxford Plastics is faced with a challenge of positioning the additional 25-acre facility considering industrial zoning boundaries and the need to comply with the Environmental Protection Agency (EPA) regulations. II. Point of View In analyzing the case, the...
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...Republic of the Philippines Department of Education Region V (Bicol) Schools Division of Albay Bacacay East District Tanagan Elementary School Bacacay [pic] Science Investigatory Project presented to the Panel of Judges of 2015 Division Science Fair September 17, 2015 Camalig North Central School Camalig, Albay Presented by: ALEX BENDO Researcher ROCKY RABINO Research Adviser 2 Abstract Purpose One of the best ways to keep a yard clear of biting mosquitoes is to use a mosquito trap. When set up properly, just one or two of these ingenious devices can kill thousands of mosquitoes and all but wipe out a local population. The style of trap varies by brand, but generally they range from indoor units the size of air purifiers to large units that resemble barbecue grills. Some run on electricity, while others are powered by propane tanks. You can easily reduce the number of mosquitoes on your property with a plastic bottle trap that will attract and kill the mosquitoes. The liquid in each trap will last about two weeks, and then, it can be easily replaced. For increased effectiveness, place multiple traps around your house or property. Procedure Used Get a large 2 liter Coke/Pepsi/Fanta, etc plastic soda bottle. This is the kind that takes a couple of hands to hold onto. Empty the bottle by drinking or draining. Take the cap off and throw away. Just below the point where the neck of the bottle straightens out onto the body of the...
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... For a potential project to meet the UWA Plastic guidelines the contribution to net income has to be positive, which is an obtainable and reasonable criterion, seeing as optimal financial decision should maximize shareholder wealth/value of equity. The ITF projects’ average annual addition to EPS is $0.018 meaning it meets the company’s criteria. If the ITF project failed to increase shareholders wealth/value of equity, owners would question the viability of the project and this could lead to a situation in which corporate raiders such as Sir Rony Gabbay intervene, leading to a hostile takeover. Therefore this specific criterion has significant meaning and importance. Payback Period is the amount of time it takes to recover or payback the initial investment. This measure focuses on the liquidity of the investment, with projects with shorter life favoured at the expense of longer life projects, which are more illiquid. Under UWA Plastic criterion the project must recover the initial investment within six years. The ITF project has a payback period of 3.6 years meaning the project would be accepted. However, the payback method may not provide a reliable decision as it ignores the time value of money and also ignores all cash flows that occur after the payback period relies on an ad hoc decision. Therefore, with respect to the three other criteria’s the payback period, should hold the smallest weight when deciding whether to invest in the ITF project. This is exemplified...
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...Inc. SR-rm-220 Introduction and Brief History “Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Its products include plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China. The company's research and development is done at the corporate headquarters in San Jose. Riordan's major customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers. The company was founded by Dr. Riordan, a professor of chemistry, who had obtained several patents relative to processing polymers into high tensile strength plastic substrates. Sensing the commercial applications for his patents, Dr. Riordan started Riordan Plastics, Inc. in 1991. Initially, the company's focus was on research and development and the licensing of its existing patents, but in 1992 Dr. Riordan obtained venture capital which he used to purchase a fan manufacturing plant in Pontiac, MI. At that time, the company's name was changed to "Riordan Manufacturing, Inc." In 1993, the company expanded into the production of plastic beverage containers when it acquired a manufacturing plant in Albany, GA. The company's...
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...UWA Plastics evaluates its capital expenditure proposals by classifying a proposal under one of four categories, namely: new product or market, product or market extension, engineering efficiency and lastly safety or environment. If a proposal falls into one of the first three categories listed it must satisfy a number of performance hurdles in order to be considered a viable option. Any proposal that does not satisfy at least three of the four hurdles will not be considered by senior management. If, however, the project does satisfy at least three out of the four performance based hurdles the project’s initiators can submit it to senior management for consideration. Although the capital evaluation scheme is relatively complicated it does, however, allow and ensure that the projects that are being considered by senior management are of a feasible nature. Time is money in business and by ensuring that valuable management time and attention is only focused on proposals that meet a required minimum standard management and therefore the firm as a whole will operate more effectively. Earnings-per-share (EPS) is a firm’s net income divided by the total number of shares outstanding. Shareholders who invest in the company do so in the hope of earning a return on their investment. If the firm is not generating a positive earning per share shareholders and prospective investors are less likely to be involved with the firm. Ensuring a project has a positive impact on the earnings per share...
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...1. UWA Plastics evaluates its capital expenditure proposals by classifying a proposal under one of four categories, namely: new product or market, product or market extension, engineering efficiency and lastly safety or environment. If a proposal falls into one of the first three categories listed it must satisfy a number of performance hurdles in order to be considered a viable option. Any proposal that does not satisfy at least three of the four hurdles will not be considered by senior management. If, however, the project does satisfy at least three out of the four performance based hurdles the project’s initiators can submit it to senior management for consideration. Although the capital evaluation scheme is relatively complicated it does, however, allow and ensure that the projects that are being considered by senior management are of a feasible nature. Time is money in business and by ensuring that valuable management time and attention is only focused on proposals that meet a required minimum standard management and therefore the firm as a whole will operate more effectively. Earnings per share is a firm’s net income divided by the total number of shares outstanding. Shareholders who invest in the company do so in the hope of earning a return on their investment. If the firm is not generating a positive earning per share shareholders and prospective investors are less likely to be involved with the firm. Ensuring a project has a positive impact on the earnings per...
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...Company, a company that produces plastic storage containers and sells them to the home consumer through home sales events. At the company’s quarterly meeting, the head of marketing described a new product to be introduced in the first quarter of the next fiscal year, approximately nine months from now. The product will be a room-sized plastic storage unit suitable to the outside of the home; it is similar to a competitor’s product but will have significantly more features. This product will open new markets for the sales channel, lay the foundation for add-on products, and generate new revenues. You have only seen preliminary sketches of the potential product but are very excited by the new product. The project will require participation from the design, production, purchasing, shipping, sales, and marketing departments. Winsome Manufacturing owns a line of injection molds suitable, so all manufacturing will be done in-house. The project manager for this project has not yet been selected, but that decision is expected to be made in the next week. You have been asked to come to a preliminary project initiation meeting that will result in the identification of the project sponsor and creation of the project charter. In preparation for the meeting, answer the following questions: Who are the project stakeholders? How will they be involved in the project? Who should be the project sponsor? Why? From which department should the project manager come? Why? What...
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...CASE 90: Northern Forest Products | Topic: Cost of Capital | Instructor: Dr. BILICI and Dr. Tran Phi Long | GROUP 11: Nguyễn Diệp An Hoàng Tiến Nhật Anh Phạm Nguyên Hạnh Đỗ Quang Huy Nguyễn Hoàng Long Nguyễn Phương Thủy Phạm Anh Thư Phan Thị Thu Trang Nguyễn Đức Trung Vũ Thị Minh Tú NOTHERN FOREST PRODUCT CASE STUDY Question 1: Explain the importance of risk adjustment in the capital budgeting allocation process by answering the following questions. a. Explain why risk adjustments are important and how they can affect firm value. Risk adjustment is of importance since evaluation of a project would not be appropriate if the hurdle rate is only based on the company risk. In determining the cost of capital for the project, risk must be accounted on the process of allocating capital and resources. The lack of risk adjustment in considering the proportion amount of capital invested in each project would result in the misallocation of resources. By adjusting the firm’s overall hurdle rate, the company can review the divisional risk before taking capital allocation and investment decision. Without risk adjustment, the firm’s stock value would be affected for taking in and allocating large proportion of resource in project with high risk which may result in loss. Besides, when the firm rejects acceptable project with low risk or allocate small amount of capital in the project, it may lose its competitiveness over other firms. To conclude, the improper risk...
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...Strategic Management of Business Policy Formulation and Implementation between Bangladesh and India Course Title: Strategic Management Course Code: MBA 512 Prepared for Prof: Muhammad Mahboob Ali, Ph.D. Visiting Professor of IUB Prepared by Mostafizur Rahman 1221544 Shamsher Ali 113060 Abstract The business relationship between India and Bangladesh is currently of special interest in both countries for a number of reasons. Firstly, there are urgent and longstanding concerns in Bangladesh arising from the perennial, large bilateral trade deficit with India, and from the large volumes of informal imports from India across the land border which avoid Bangladesh import duties. These concerns have been particularly acute on the Bangladesh side in the context of discussions between the two governments of the possibility of a bilateral free trade agreement along the lines of the India-Sri Lanka FTA. Secondly, even though (because of the disparity in the size of the two economies) India’s trading relationship with Bangladesh is much less significant for it than it is for Bangladesh, closer economic integration with Bangladesh is nevertheless seen as a very important way of reducing the economic and political isolation of the seven Indian eastern and north eastern states from the rest of the country. Finally, both countries have long shared common objectives for closer economic integration...
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...Fair. The award honors a project that can make a practical difference by addressing an environmental, health or resources challenge; it should be innovative, easy to put into action and reproducible in other communities. Bilgin spent two years toiling away on her project to develop a bioplastic from discarded banana peels, enduring 10 failed trials of plastics that weren’t strong enough or that decayed rapidly. She was undaunted. As she put it in her project description: “Even Thomas Edison said, ‘I have not failed. I have just found 10,000 ways that won’t work.’” Finally, in her last two trials, she made plastics with the features she sought, and it did not decay. We admire her persistence, which will be help her to take advantage of another aspect of her Science in Action prize—a year’s worth of mentoring to help further her work. I like to think, too, that Edison, who used to stop by the Scientific American offices in New York City to demonstrate his latest inventions, would have approved. The ingredients to make Bilgin’s plastic are relatively benign. As she wrote in her entry materials, “it is possible to say that one could do it at home.” In her research, she learned that starch and cellulose are used elsewhere in the bioplastic industry (such as from the skin of mangoes) and made the leap that banana peels might be suitable feedstock sources as well. She hopes that the use of the bioplastic could replace some of the petroleum-based plastics in use today for such applications...
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...production throughout the plant network. Typically this is done according to the following steps: 1. Use forecasting techniques to forecast sales for individual products within each product line. 2. Calculate equipment and labor requirements to meet product line forecasts. 3. Project labor and equipment availabilities over the planning horizon. Often the firm then decides on some capacity cushions that will be maintained between the projected requirements and the actual capacity. A capacity cushion is an amount in excess of the expected demand. Positive Capacity Cushion: If the expected annual demand on a facility is $10 million in products per year and the design capacity is $12 million per year, it has a 20% capacity cushion (2/10). A 20% capacity cushion equates to an 83% utilization rate (100%/120%). Negative Capacity Cushion: when a firm’s design capacity is less than the capacity to meet its demand. If a firm has a demand of $12million in product per year but can only produce $10million per year, it has a negative capacity cushion of 20 %. Problem 1.Amiel’sCompany produces two flavors of salad dressings: Ranch and Ceasars. Each is available in bottles and single serving plastic bags. Management would like to determine equipment and labor requirements for the next five years....
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...SUBSTITUTION OF PLASTIC BAG BY JUTE BAGCASE COMPANY REDQ Support on Sustainable Environment Thesis Tania Afrin Degree Programme in International Business International Marketing Management Accepted ___.___._____ __________________________________ SAVONIA UNIVERSITY OF APPLIED SCIENCES Business and Administration, Varkaus Degree Programme, option Degree Programme in International Business. BBA, International Marketing Management. Author(s) Tania Afrin Title of study SUBSTITUTION OF PLASTIC BAG BY JUTE BAG -CASE COMPANY redQ Support on sustainable development Type of project Date Pages Thesis April 2011 70 + 5 Supervisor(s) of study Executive organisation Anneli Savolainen Business and Administration Abstract Sustainable development is one of the most important issues in the world today. People can play an important role in the sustainable development in different ways regardless of their own position. This study focuses on finding out how plastic bags could be substituted by jute bags and how it would contribute to the sustainable development. In addition, the study focuses on answering the question if the idea of substituting plastic bags by jute bags would be a profitable business innovation. For the study, it was examined how some Finnish customers liked the jute bag as a shopping bag and what was their attitude towards sustainable issues. The information collected in connection with this thesis work will...
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...Delta Plastics, Inc. (A) Company Background Delta Plastics, Inc. specialized in the design and manufacture of plastic containers, primarily for kitchen and household use.Their products were sold through merchandise retailers and were recognized for high quality. Delta also had an active R&D group that was continuously working to develop new plastic materials and new product designs. Delta was a recognized industry leader and was aggressively looking to increase brand recognition and market share.Delta’s R&D group had recently developed a new plastic material that tolerates rapid changes in temperature, from heating to deep cooling. This material could be used to make containers for kitchen use that could immediately be moved from the oven to the refrigerator. Unlike glass containers with this capability,the plastic containers would not break or chip. Delta’s marketing group was eager to promote sales of containers made with the new material. Marketing believed the new material could revolutionize the industry, so they pushed for rapid production. They argued that the sooner the new products were available to customers, the sooner the company could corner the market. The Decision The decision whether to initiate production or continue with material testing was made during a heated meeting on April 28. Isabelle Harrison, Director of R&D, stated that more product testing was needed in order to fine-tune the characteristics of the new material. Although there was no question regarding...
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...Due 1/20 Project Management Winsome Manufacturing Company produces plastic storage containers and sells them to the home consumer through home sales events. At the company’s quarterly meeting, the head of marketing described a new product to be introduced in the first quarter of the next fiscal year, approximately 9 months from now. The product will be a room-sized plastic storage unit suitable to the outside of the home; it is similar to a competitor’s product but will have significantly more features. This product will open new markets for the sales channel, lay the foundation for add-on products, and generate new revenues. Management has only seen preliminary sketches of the potential product but are very excited by the new product. The project will require participation from the design, production, purchasing, shipping, sales, and marketing departments. Winsome Manufacturing owns a line of suitable injection molds, so all manufacturing will be done in-house. The project manager for this project has not yet been selected, but that decision is expected to be made in the next week. A preliminary project initiation meeting will result in the identification of the project sponsor, selection of a project manager, and creation of the project charter. A manager in the production department who knows you are taking a college project management course asks you to prepare a brief report to help him prepare for the meeting by answering the following questions: * Who are the project...
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...A MULTI-STAKEHOLDER INDUSTRIAL PROJECTS SELECTION: AN ANALYTIC HIERARCHY PROCESS AND ZERO-ONE-GOAL PROGRAMMING APPROACH Salah R. Agha School of Industrial Engineering, Faculty of Engineering, Islamic University-Gaza, Gaza Strip, Phone: 970-599-746-533, aghasr@yahoo.com ABSTRACT This study uses Analytic Hierarchy Process (AHP) and Zero-One Goal Programming(ZOGP) to select the most favorable industrial projects from the viewpoints of three stakeholders, namely, govern mental, consultants and academics. Therefore, it is the purpose of this paper to help reach a consensus among the stakeholders for selecting certain projects using weights obtained by AHP as inputs to (ZOGP) model. This is first done by identifying the projects from each individual stakeholder's viewpoint. Further, an aggregate model that simultaneously combines the viewpoints of the three stakeholders is built assuming that the three stakeholders have equal weights. Results show that the aggregate model does strike a balance not only among the conflicting criteria, but more importantly, it strikes a balance among the different stakeholders. Therefore, the aggregate model would make it easier for stakeholders to reach a consensus. Keywords: Multi Criteria Optimization; Project Prioritization; Integrated AHP-ZOGP; Multi-stakeholder. 1. Introduction Traditional methods used in project selection usually justify the projects using low level capital budgeting which works well for investments with clearly...
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