Seligram Inc.
1. The existing system at ETO began to fail because direct labor hours per lot began to decrease due to vendor certification. Vendors would do the primary testing and ETO would only be required to test a small sample of each lot to verify the results were valid. In the marketplace, ETO’s prices were lower than outside competition for testing complex parts, yet the prices were higher for elementary testing. Another important factor to consider is that engineering support increased. This led to additional burden costs, which also varied from part to part.
High-technology components were tested using more automated test equipment. These tests took longer, but did not require as many hours of direct labor. The test
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Using the cost system proposed by the manager, the prices for the more automated tests would go up as the amount of machine hours used would be accounted for.
The consultant’s approach improves upon the manager’s suggestion. Creating separate pools for the test rooms would better align the costs to prices even more so. The prices could be varied between complex and elementary tests. The burden for the mechanical room per machine hour is nearly twice that of the main room (112.63 vs 63.34). Parts tested using more hours in the mechanical room would cost more and prices for parts tested more in the main room would be reduced.
The new prices will be accepted by customers (Cooper, HBR, Reading Packet p50). They are very likely to be aware that the prices they were paying were higher or lower than those of competitors. So they will not be surprised when ETO’s prices become more in line with competitor’s pricing.
Assumption: The information about machine hours used per part is readily available at no additional cost. 4. A possible change to the plan proposed by the consultant would be to create pools based on the depreciation costs of a machine rather than which room the machine is located. There is no evidence that all test machines in the mechanical room have a higher depreciation expense than those in the main room. A part
1. The nation is at war, and your number in the recently reinstated military draft has just come up. The problem is that, after serious reflection, you have concluded that the war is unjust. What advice might Socrates give you? Would you agree? What might you decide to do? Read the Introduction, Chapter 2 Crito and the Conclusion Chapter 40 Phaedo by Plato.
“Assess own leadership behaviours and potential in the context of a particular leadership model and own organisation’s working practices and culture using feedback from others”
Dissolved oxygen is oxygen that is trapped in a fluid, such as water. Since many living organism requires oxygen to survive, it is a necessary component of water systems such as streams, lakes and rivers in order to support aquatic life. The dissolved oxygen is measured in units of parts per million (ppm). Examine the data in Table 4 showing the amount of dissolved oxygen present and the number of fish observed in the body of water the sample was taken from; finally, answer the questions below.
14. A decision to work closely with a limited number of suppliers for the purpose of ensuring that the proper materials are available at the optimal time is an example of:
We are living in market society, which is so different from previous societies. In market society, the whole of society is a system of self-regulating market (Polanyi 43). In order to make the market society function, people need to think and act in certain ways(Polanyi 68). For example, people in market society think that economic relations are much more important than interpersonal relations (Polanyi 44). Polanyi calls the emergence of market society “the great transformation”. My thesis statement is that the shift to market society is a
As the years progressed we decided to gradually raise the prices, and increase the number of models
Under an ABC system, the allocation of costs to products is achieved through at least four analytical steps. Firstly, costs are grouped into activity levels. Secondly, cost drivers are
"Segu is a garden where cunning grows. Segu is built on treachery. Speak of Segu outside Segu, but do not speak of Segu in Segu" (Conde 3). These are the symbolic opening words to the novel Segu by Maryse Conde. The kingdom of Segu in the eighteenth and nineteenth century represents the rise and fall of many kingdoms in the pre-colonial Africa. Therefore, Segu indirectly represents the enduring struggles, triumphs, and defeats of people who are of African decent in numerous countries around the world. There are three major historical concepts that are the focus of this book. One is the spread of the Islamic religion. Another is the slave trade, and the last is the new
Mechanical Development – This team test the products designed by mechanical design, they test every
ML had developed a policy of selling manual machines and renting automatic machines. Manual machines did not cost much, did not require service, and could be modified to attach different fasteners inexpensively. Automatic machines were rented on an annual basis because they would have been more expensive to sell and it provided annual income to ML. However, about 700 of the rented machines were returned each year. During the time that machines were in inventory, ML would modify the machines to attach different fasteners. This was expensive with an average cost per modification of $2000. If all 700 machines were modified during a given year this would have cost $1.4 million per year. It was also industry practice to provide preventative maintenance and
Q3. How were the limitations of the existing cost system overcome by the ABC Cost System? What are the implications of the ABC system?
4. Based on the results of the model, what recommendation would you make for Diegeo’s future capital structure? How might you adjust the recommendation from the model to adjust for any missing risk factors?
Interpublic Group (IPG) is a global company with numerous companies under its umbrella. It is based in New York City with offices in over 100 countries ("Overview," n.d.). IPG specializes in consumer advertising, digital marketing, communications planning and media buying, public relations and specialty marketing ("Overview," n.d.). IPG agencies customize marketing programs for many of the world’s largest companies through its comprehensive global services which help its clients build brands, increase sales of their products and services and gain market share ("Overview," n.d.). Therefore, it is important that IPG’s website is able to attract the best talent by encompassing a number of dimensions, including navigability, content information, and aesthetic features (Kavanagh et al., 2014).
The circuit board fabrication comes to an end after the copper plating. The boards are subjected to a final electrical test to check the integrity of the circuits. Another 5% of the boards are found to be defective during this stage. Before the tests are done, a setup is needed. The capacity for final testing is computed as follows.
Using the high-low method of analysis, the estimated variable cost per machine hour for electricity is closest to: