Narragansett Yacht Company

Every employee in a company is assigned to one department. Every department can contain many employees.

Sea Ray is a private subsidiary of Brunswick Corporation. The company sells four product lines which include Sport Boats, Sport Cruisers, Sport Yachts, and Yachts. The company was founded in 1959 and was one of the first to use fiberglass in the construction of recreational boats. To differentiate

May June July August September October November December Average Total Rooms Occupancy Occupied Percent 126 150 154 162 163 159 156 162 154 186 149 118 153 51.6% 61.4% 63.1% 66.2% 66.7% 65.3% 64.0% 66.4% 63.2% 76.4% 61.0% 48.3% 62.8% Total ADR $140.27 $139.29 $141.80 $140.20 $143.72 $141.90 $139.11 $141.54 $145.08 $157.36 $148.66 $137.38 $143.03

Just like other manufacturing, the company I worked had moved to China following the flow of manufacturing business. After researching the trend of future jobs in

| Textbook pages 11-12. Assets = $12,000 + $50,000 = $62,000. Cash and inventory are examples.

This amount represents cost of items as of Jan 30,2010 which the company intends for sale to customers but have not yet sold.

Materiality is then determined as 1% of total 2010 revenue/sales: $61,159. This would be the overall materiality for the entire financial statement.

(u) “Escrow Amount” means $300,000 delivered in accordance with section 2.2(c), together with all interest earned thereon.

For many years the city of New London in southeastern Connecticut had gone through vast economic decline, so much so that by 1990 the State had declared the City a “distressed municipality”. Things continued to decline for the City when in 1996 the U.S. closed the Naval Undersea Warfare Center which had employed over 1,500 people (Kelo v. New London, 2005). By 1998 the unemployment rate for the city of New London was twice that of the state of Connecticut and the population had plummeted to below 24,000 residents.

MasterCraft Boat Company vision statement is to be the world's leading manufacturer of water sports boats in terms of initial quality and market share. Its mission statement is to be committed to improving the boating experience of its customers, by delivering innovations that improves enjoyment on the water, and offering products that promote rapid development of skills, generating memories that last a lifetime. MasterCraft was founded in 1968 and soon became recognized as a major force in the tournament ski boat market. Today Mastercraft employs over 400 people and is the largest producer of inboard ski, wakeboard and luxury performance powerboats in the world. It sells boats in over 30 different countries and has over 130 domestic and international dealers.

The table below represents the average samples processed per hour and per step, based off the minimum, average, and maximum samples processed on exhibit 4. Separation numbers are half of the other process’s sample numbers because only 50% of samples go to separation.

According to the Business Dictionary, “A workplace management and organizational technique optimizes human resources through flexibility based on segmenting the employees into peripheral and core groups. The core group of employees are difficult to replace because they have a specific skill set or experience, while the peripheral group consists of employees who could easily be replaced or are only needed in the organization for either peak periods or on specific tasks. Originally suggested in 1986 by Atkinson, and Meager’s of the Institute of Manpower Studies.” is what people in the human resource field call the flexible firm model.

One of the main concerns during the meeting was the impact of cost and time constraints on networking techniques and project schedules. Under the ideal situation, the project start and end dates are fixed. Adding resources is not usually feasible as it increases cost. There should be a balance between time and cost constraints as it avoids wasting of resources. Also most people are willing to accept that costs could exceed expectations, and might even take a perverse delight in recounting past examples, the same is not true for time constraints. This is probably due to the fact that cost over runs are resolved in-house, while schedule issues are open and visible to the customer. A company has a lot of useful, desirable work that could be done, but has limited and finite resources available with which to do that work. Choices have to be made about which work to do and how to allocate resources. This leads to constraints especially, the time constraint and the cost constraint. Time, in project management, is analyzed down to its smallest detail. Each and every component of the project is analyzed with respect to the time required for completion. After completion of this analysis these components are broken down even further into the time required to do each task.

The following paper analyzes the Whitbread World Sailboat Race case scenario presented at the end of chapter 9 in the Gray and Larson text, Project Management: the Managerial Process. The project encompasses two main objectives; one, design, build and test a new vessel, and two, select and train a crew capable of winning the race. Both objectives must be completed within 45 weeks, the start of the race, and with a planned budget of $3.2 million.

Finally, the current operation is impaired by its own change in processes, leading to work groups operating as silos, and