ISSN 1940-204X Forest Hill Paper Company Thomas L. Albright University of Alabama IntroductIon Forest Hill Paper Company (FHPC) is a small, closely-held paperboard manufacturer that produces a broad line of paperboard in large reels, termed parent rolls. These parent rolls are sold to converters who further process them into containers used for a diverse line of consumer products, such as packaging for microwavable meals. The owners of FHPC have long pursued the strategy of producing a full
provide great value for your company. You have described Forest Hill Paper company and provided us with 12 issues you want us to address. We have reviewed the 12 issues you gave us and have begun seeking solutions that we think you will be quite satisfied with. Below are our findings and our recommendation for going forward. Forest Hills Paper Company Classification Based on your description of the company Forest Hills Paper is a small, closely-held paperboard company that produces a broad line of
FOREST HILL PAPER COMPANY BACKGROUND INFORMATION 1. How would you classify Forest Hill Paper Company in terms of size and ownership? Forest Hill Paper Company is a small, closely-held company. Relatively few shareholders own the majority shares of the company. It is most likely a private company. 2. What is the nature of the industry in which Forest Hill competes? Forest Hill is a small company, but has to compete against large companies in a commodity market. Paper and paperboard producers
Accounting 3411 Case Study #1: Forest Hill Paper Company By Thomas L. Albright Forest Hill Paper Company (FHPC) is a closely-held paperboard manufacturer that has been struggling with a number of strategic issues facing a capital-intensive, mature industry. Their product costing system was inadequate to provide management with relevant information for decision making. Therefore, the board of directors has approved your consulting company’s proposal to conduct a cost system pilot study. Besides
1. How would you classify Forest Hill Paper Company in terms of size and ownership? Forest Hill Paper Company is a small, closely hold paperboard manufacturer that produces a board line of paperboard in large reels. 2. What is the nature of the industry in which Forest Hill competes? FHPC competes in a cyclical economic environment, with upswings every three to four years. The current market is mature and declining with a recent trend towards plastic and a more environmentally friendly
TO: Professor and Manager FROM: SUBJECT: Forrest Hill Evaluation of Profits and Costing Systems DATE: November 1, 2013 Executive Summary Throughout this report, our team will describe how we used activity based costing to allocate costs, illustrate why the traditional system is faulty, and recommend changes that Forest Hill Paper Company should consider implementing in the near future. After closely reviewing the financial and production data, our accounting team has found that your
Introduction The Forest Hill Paper Company (FHPC) is a small, closely held paperboard manufacturer that produces “parent rolls” which are then distributed to converters for further processing. Due to their small size in comparison to many of their competitors in the industry, FHPC would be classified as a niche company as stated in the case. Part of FHPCs strategy, which will be looked at further below, is to create a niche based on service and rapid customer response that the larger manufacturing
benefit to the company, but instead promotes positive social and environmental change (Crowther & Aras 2008). Our founder Bill Gates has set an exemplary model through the creation of Bill Gates & Melinda Foundation that has lifted the lives of many poverty stricken people throughout the world. It is in line with this noble initiative by our founder that we are working to uphold the precedents set by our founder that we are setting out to launch the proposed (CRS) dubbed “The Green Hills Initiative”
Evaluation of Marketing Tool-SWOT Analysis Introduction The aim of this paper is to critically evaluate the SWOT analysis as one of popular tools in marketing. SWOT analysis is an analysis method of identifying all external and internal factors for organization strategies (Rauch, 2007). It is considered in this paper that though SWOT analysis has limitations, it can be improved to be more effective as its development. This paper firstly focused on the definition of SWOT analysis. And then it discussed
The author of this paper will cover: the advantages and limitation of supply and demand identified in the simulation, the effectiveness of the organization in which the author knows, and how the organizations in each market structure maximizes profits. The simulation looks at all four types of market structure within the East-West Transportation Company. The four divisions operate within each of the four market structures. The divisions are Consumer Goods, Coal, Chemical