Case Four Star

After having a very successful performance and getting second place on the first Littlefield simulation game we knew what we needed to do to win the second simulation game. We were very eager to outperform our competition and we almost did so, but ended up in second place again with a cash balance of $2,660,393.

This memo is intend to present appropriate treatment of the ARO estimation problem experienced by the Lack of Information (LOI) based on the findings from interviews with all 50 of the warehouse managers and on-site visits at each of the 50 locations of its warehouses countrywide. The onsite observations search for any evidence of damages in both the on-site property like the roof, walls, floors and general conditions. The interview with the managers obtains information about the characteristics of the warehouses that are not readily observable. The information obtained is very important in the preparation of the fiscal

- well-organized of the distribution of the manufacturer will lessen the shopping delays of raw materials

Second, the manufacturing order costs for non-stocked items was calculated by dividing total manufacturing order costs for non-stocked items by the number of orders for non-stocked products. Non-stocked products have additional costs associated with processing orders that went above and beyond the costs associated with a stocked product. The third step involved determining what the S"A allocation factor would be for calculating the S"A volume related costs. This allocation factor would then be applied to manufacturing COGS. The fourth and final step involved the calculation of the operating profit based on backing out volume related costs from sales revenues followed by deducting S"A and manufacturing order costs from the resulting gross margin to arrive at a operating profit.

Recommendation:1. Improve Just-in-time systemSpartan Plastic Limited need to improve Just-in-time system, it is control aims to maintain inventory level at zero, with an immediate objective of reducing the capital tied to the inventories. It is an important principle that able to eliminating waste throughout the production system. The waste can occur, through excess inventories and overly large lot sizes, both of which can cause unnecessarily long customer lead times. Let's explain the role of the core JIT practices in enhancing manufacturing performance. JIT manufacturing requires the establishment of JIT supplier relationships with suppliers; Spartan in this case, that is able and willing to deliver the needed quantities of parts as the needs arise and without any defects.

Mattress Firm is a mammoth retailer that specializes in sleep equipment within the bed and mattress industry. It is certified as a premium retailer that has changed the landscape of retailing specialty and traditional bedding. The initial concept was conceived through an opportunity to offer a product and service through a sophisticated system dedicated to quality, service, and value. Since the corporation’s inception, Mattress Firm has expanded into profitable markets through opening new stores and acquisitions. In a highly competitive industry, Mattress Firm organizes is product offerings in perspective of what the customer wants by providing an array of specialty and traditional mattresses from household brands such

One of the valued but demanding customer, who had considered Engstrom as a certified supplier, was requesting a large order but Engstrom was unable to deliver on time due to the low productivity problem. The plant manager along with his assistant were already dealing with the troubling numbers when this happened. While the task was a tough bone and not easy to tackle, and there were a lot of factors needed to be taken in to consideration. The leadership started to analyze and break down the main causations other than the overall economic trend that dragged the company into the turmoil, as it turned out, it was the low, frustrated employee morale and diminished work satisfaction.

There are a handful of competitors that also compete with similar needs that the customer is looking for. The competitors are in the direct-to-consumer offerings. Tuft and Needle also offers only one firmness level to the customers to compete with the ease of purchase. They also ship free in a small box and increased its trial policy from 30 days to 100 days to match that of Casper. Saatva doesn’t offer too much in terms of similarity to meet the needs of competition for consumers looking at Casper, but they claim to offer the need of a superior quality of mattress. This attacks the quality of sleep as well as the ease of purchase of the direct-to consumer companies. In addition to those competitors, Leesa entered the market shortly after Casper. They meet competing needs by offering only one mattress model as well, with the inclusion of free shipping and similar trial policy.

Rittenburg, Larry. Johnstone, Karla. Gramling, Audrey. (2012) Auditing: A Business Risk Approach 8e. Mason: South-Western, Cengage Learning.

It is believed that the decline began when the market became more competitive and consumers began to demand lower costs and quicker delivery. Since this had not previously been an issue, the company had a difficult time adjusting (Beer & Tushman, 2013).

Four Star Industries Private Ltd is the manufacturer and wholesaler of the renowned Four Star Pocketed spring mattresses which was founded by Neo Gim Sin in 1966. Its business is aggressively and exclusively

It also offers its merchandise, including the in-house MODA maternity clothing line, through catalogs and its website. Mothercare serves the retail toy market with its Early Learning Centre (ELC) unit. While the company has struggled at home, it has been increasingly successful overseas, particularly in Russia and India.

* Cadbury Schweppes bought the U.S.-based Adams chewing gum and mint business from Pfizer, Inc., for $4.2 billion in December 2002. The Adams brands include Dentyne, Bubbaloo, and Halls throat lozenges. Wrigley had also been a bidder in this deal.

significant drop in the revenues for third quarter of 1999. Annual revenues for 1999 were US$ 150

1. Economic Trigger: It lost money and market share in the 80s’. In 1987, performance was so low that it lost half of its equity.