Manvi motors Essay Example

Manvi motors Essay The Minivan Motors of Malaysia produces cars under an agreement with Suzuki of Japan and trucks under an agreement with General Motors of the USA. The company was established in 1972 and now employs approximately 1000 people and can generally produce an average of 25 cars and trucks per day. Capital investment constraints have limited the nature of Anvils manufacturing facilities. Consequently, it is not able to manufacture many of the items required for the assembly of cars and trucks. These items are imported from Suzuki or GM. However, both Suzuki and GM must limit the quantities of parts shipped to Minivan cause of constraints on their own capacities. Suzuki and GM have guaranteed to provide parts sufficient for 500 cars and 200 trucks respectively per month. GM has Just announced several price increases, which have raised the direct manufacturing cost (which includes all labor and material costs) of a Minivan truck from $800 to $1000 converted to US dollars. Suzuki has not raised prices on purchased parts, so the direct manufacturing cost of a Minivan car has remained stable at $800. We will write a custom essay sample on Manvi motors specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Manvi motors specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Manvi motors specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The Ministry of Economics controls the selling price of Anvils output: cars sell at $4300 and trucks sell at $6000. Anvils vehicles have a reputation as well-made and dependable products, suitable for the Malaysian market. Demand is so great that the company can sell all the cars and trucks it can produce, and the company expects no change in this situation. Minivan presently has unfilled orders (already paid for) for 150 cars and 100 trucks. The manufacturing process for both cars and trucks consists essentially of two departments, which limits the number of vehicles that can be produced during any month. These departments are fabrication and engine assembly. An agreement with the Ministry of Labor has set the minimum labor usage combined in both apartments to be at 14,000 worker-hours. Different parts on 45 machine tools. A recent analysis has shown that this shop can plan on no more than 12,000 worker-hours of capacity in the coming month. Each car manufactured requires 20 worker-hours of fabrication; each truck requires 40 worker-hours. The assembly department is set up as a conventional assembly line. 10,000 worker- hours of capacity will be available in the assembly department in the coming month. Each car requires 25 worker-hours of assembly; each truck requires only 10 worker- hours. The fixed overhead costs are estimated at $10,000 in the fabrication department and 12,000 in the assembly department. At this mornings management meeting, Farad Hormone, the production manager expressed considerable concern over Gems price increases. The next months production schedule was to be announced tomorrow, and she asked Sunnis Ray, the managing director, whether the cost should affect the currently planned production of 200 cars and 200 trucks. Mr Ray replied l have never been sure if our current plan is the best we can have. If it is, I think we will Just have to absorb the price increase until the Ministry of Economics allows us to increase our selling price. In hat case we will go ahead with the previous plan 200 cars and 200 trucks. 1) What is the best product mix for Minivan Motors under the new cost structure? 2) Was the current policy of producing 200 cars and 200 trucks the best for Minivan Motors under the old cost structure? ) If an additional worker-hour in any of the departments will cost the same amount, in which department would you recommend making this additional worker-hour available? 4) If 200 additional worker hours were available in the fabrication department for $3000, should Farad pay this amount and get the additional hours? 5) What are 1000 additional hours in the assembly apartment worth? What about 1100 hours? 6) If the net profit from a truck is decreased by $500 will the best product mix be any different? Will the total profit change? ) An error in record keeping indicates that the number of back-ordered trucks is only 85. Will this change the best product mix? 8) Farad has received word that the Minister of Labor will relax the labor restriction by 2000 worker-hours. Will this change the decision regarding the best product mix? Minivan Motors is considering introducing a new Minivan van. The new model requires 30 hours in the fabrication department and 20 hours in the assembly department. Each Minivan van will give a net profit of $4000. 1) Should any vans be produced? ) How much would it cost in terms of profit if, for some reason, the management insisted that at least one van be made THIS, a handloom cooperative society in Tamil Nadia carries out the marketing, distribution and sales functions for the cooperative societies in the state. THIS collects goods produced by the societies and sells it through outlets all through the Southern states. It has recently opened ware houses to handle the consolidation and distribution of merchandise. The warehouses are located in Cuddlier, Erode, Cameraman, Salem and Velour. The merchandise has to be distributed monthly from these warehouses to the showrooms in the four states. Goods are packaged and delivered by bales. The monthly availability of the goods at the warehouses (in number of bales) is as given below : Warehouses: Availability: Cuddlier Erode 100 110 Cameraman Salem Velour 120 130 The monthly demand (in number of bales) in the four states is as follows: States: Demand: Tamil Nadia Karakas Kraal Andorra Pradesh 200 105 155 The costs of transporting one bale from a given warehouse to any showroom in a given state are as given in Tablet. Assume all costs are stated in hundreds of rupees. Table 1 Cuddlier Erode Cameraman Salem Velour Tamil Nadia 350 150 300 250 Karakas 1 oho 650 700 Kraal 1200 850 950 1100 Andorra Pradesh THIS would like to distribute the merchandise as per the availability and demand at the least total cost. How should it plan its distribution? 3. SCHEDULING DECISIONS AT CALL-ME Call-Me Inc. Has a major call center at Achaean that specializes in answering medical billing queries for a few health insurance companies from around the world. This company has available trained professionals that can answer questions in English, French, German and Japanese, and they operate 24 hours a day, 7 days a week. They estimate the following minimal daily requirements for the trained professionals: Time of Day Period Trained Professionals Required Minimum Number of (24-hour clock) 20 50 6-10 10-14 14-18 18-22 22- 2 2 3 4 5 6 the same for an eight hour stint. What must be the daily schedule so that the requirements above are met? Call-Me is considering the option of scheduling overtime hours using the same pool of professionals that are working for them. The specific option they are considering is that a professional who is not working in a given time period can give overtime and be paid one and a half times the regular rate. For instance, if period 6 is not covered by a professional during his/her regular schedule, then he/she is eligible to work overtime in this period. If so, he/she will be paid 0. Xix, if x is the regular pay for an 8 hour stint. Is it worthwhile scheduling overtime hours? Why or Why not? 4. FINANCIAL PLANNING Tiles R Us is a large manufacturer of all varieties of flooring tiles. The companys cash receivables and payable for the coming 4 periods are as given in the table below. The payable need not be paid at once and may be paid out of future funds. In particular, suppose that a I-period delay in meeting payable meaner that the many must pay RSI. 1. 03 for each Re. 1 owed, and a 2-period delay requires payment of RSI. 1. 07 for each rupee owed. Periods Periods Period 3 Period 4 Cash receipts (in lacks of RSI) 70 Accounts payable (lacks of rupees) Beginning cash on hand is RSI. 0 lacks, and cash receivables feed into cash on hand. Cash carried forward from period to period may be allocated in any desired split between a bank account that pays 1% rate of interest per period and bonds that pay 3% rate of interest every two periods. However, the bonds can only be purchased in Periods 1 and 2, and cannot be cashed in until two periods after purchase. Mr Sheehan, the owner of Tiles R Us would like to maximize cash on hand at the end of the planning horizon (the am ount carried beyond Period 4 after making the payments). ) Define the variables required to help him in his decision. B) Formulate this decision problem be modeled as a linear programming problem? C) Now suppose that the penalty on payments delayed for 2 periods depends on the amount delayed. The company must pay RSI. 1. 07 for each Re. 1 owed up too maximum 10% amount delayed for 2 periods and RSI. 1. 10 thereafter. Define any new variables needed to incorporate this information in your model of part b). Give an appropriate formulation that will help Mr Sheehan in his decision under this new penalty structure. . REVENUE MANAGEMENT AT LEISURE AIR Leisure Air is a regional airline that provides service for Pittsburgh, Newark, Charlotte, Myrtle Beach, and Orlando. It has two Boeing 737-400 airplanes, one based in Pittsburgh and the other in Newark. Both airplanes have a coach section with a 132- seat capacity. Each morning the Pittsburgh-based plane flies to Orlando with a stopover in Charlotte, and the Newark-based plane flies to Myrtle Beach, also with a stopover in Charlotte. At the end of the day, both planes return to their home bases. To keep the size of the problem reasonable, we restrict our attention to the Pittsburgh-Charlotte, Charlotte-Orlando, Newark-Charlotte, and Charlotte-Myrtle Beach flight legs for the morning flights. The figure illustrates the logistics of the Leisure Air uses two fare classes: a discount-fare Q class and a full-fare Y class. Reservations using the discount-fare Q class must be made 14 days in advance and must include a Saturday night stay in the destination city. Reservations using the full-fare Y class may be made anytime, with no penalty for changing the reservation t a later date. To determine the itinerary and fare alternatives that Leisure Air can offer its customers, we must consider not only the origin and the destination of each flight, but also the fare class. For instance, possible products include Pittsburgh to Charlotte using Q class, Newark to Orlando using Q class, Charlotte to Myrtle Beach using Y class, and so on. Each product is referred to as an origin-destination- itinerary fare (DIF). For May 5, Leisure Air has established fares and developed forecasts of customer demand for each of 16 Doffs. These data are shown in Table. Suppose that on April 4 a customer calls the Leisure Air reservation office and requests a Q class seat on the May 5 flight from Pittsburgh to Myrtle Beach. Should Leisure Air accept the reservation? The difficulty in making this decision is that even though Leisure Air may have seats available, the company may not want to accept this reservation at the Q class fare of $268, especially if it is possible to sell the same reservation later at the Y class fare of $456. Thus, determining how many Q and Y class seats to make available are important decisions that Leisure Air must make in order to operate its reservation system.

203263514986000 Essays - Global Positioning System, Free Essays

203263514986000 Essays - Global Positioning System, Free Essays 203263514986000 Development of a marketing strategy for the promotion of the project "GPS control Location: Astana Course Code: EMLG310 Course Name: Strategic Marketing Professor: Prof. Dr. Mariana ALBA Student(s) Name(s): N . Sikhimov , A . Brimzhanova , M . Rassilov , Ye . Saukenov Content Executive summary 3 Competitive analysis 4 SWOT analysis 6 Goals 8 Strategy definition and target market 9 Content strategy 11 Implementation plan 12 Budget 15 Monitoring, Evaluation and KPIs 16 Appendix 19 Executive summary Children's GPS trackers are used to monitor the location of children, by downloading the software to their phone and monitoring the device through satellite GPS navigation systems or in the absence of communication with satellites via LBS cell stations. Today, when information channels are increasingly full of information about the loss of children, more and more parents would like to control the finding of their children. Real location, movement for the day, and even better to have the opportunity to know about who their children are communicating with. All these needs are caused by social anxiety, fueled by tense news reports. It is the need for control and, as a result of calm for their loved ones, can be a good driver for promoting this product. Those who already use smart watches for children know how useful this is in the household. You no longer need to see off and meet the child from school. The child will call you when he comes to school and leaves it after class. And you can follow his movement. In case of a conflict situation, you can secretly listen to the situation around the child and be aware of what is happening. Many parameters provide a qualitative difference between watches with gps from a smartphone. First, there is nothing superfluous in the clock that could distract the child from school. Secondly, the clock will not be lost and will not be stolen . They are always on the hand, and the sensor of the removal will tell the parents if they were removed . Thirdly, the safety of the child is ensured by the fact that parents themselves enter only close people in the phone numbers. Thus, a stranger can not call a child and vice versa. So , the clock provides some degree of safety for your child, without distracting him from studying, and without attracting the attention of others. And also give parents more free time. Competitive analysis The first step in assessing the attractiveness of this project was to collect information on products existing on the Kazakhstan market and their distinctive features. As it was revealed in the market of Kazakhstan there is only one registered company www.ipangel24.kz providing similar product and services for GPS service. This company has developed its own integration platform that allows you to reprogram the GPS clock under its own platform and thereby provide quality monitoring services to its customers. However, it should be noted that this company provides only one type of GPS watch, which is limited in its functionality (relative to other similar products) and is intended for children from three to sixteen years old. The cost of these GPS hours is 10,000 tenge , as well as a monthly subscription fee of 1,000 tenges . To compare the products and their functionality with the existing analogues on the Kazakhstan market, the "Angel24" watch was purchased, as well as the watch samples of the company of the prospective supplier of the Hong Kong company "INTGPS". Watch model Age segment (years) Operating time in active mode (h) Mode of operation in GPS format Mode of operation in WiFi format Mode of operation in LBS format Mode "Radio Nanny" Selling price ( tenge ) Service cost per month ( tenge ) Angel 24 3-16 32 Yes No Yes Yes 10 000 1 000 Teen56 (INT GPS) 12-30 42 Yes Yes Yes Yes 15 000 1 000 Sunday (INTGPS) 3-16 32 Yes Yes Yes Yes 10 000 1 000 Medal8 (INTGPS) 9-70 32 Yes No Yes No 10 000 1 000 To identify significant consumer properties of the goods, a group of 5-7 families was chosen, which for a while were provided with a GPS clock for their testing. After that, this group was asked

Impact of FTA on international trade Research Paper - 3

Impact of FTA on international trade - Research Paper Example ble indicated the geographical distance between the largest cities of the countries involved in free trade agreements reflecting the intangible and tangible trade costs. The results were expected to be negative with a longer distance as the cost increased with distance (Braga and Mendez, 1983). Language and adjacency were the dummy variables that indicated trade costs such as transportation cost as well as cultural similarity. The adjacency variable indicated the value of unity of countries sharing a common border while language variable indicated the value of unity if common official languages shared among the involved countries. The binary variable FTA was important in capturing â€Å"the general FTA effect on trade flows.† The variables were constructed based on 22 regional trade agreements as well as 86 bilateral trade agreements up to 2006 (Chen and Tsai, 2005). The nested dummy variable is Timedum was used for capturing the external annual time effect at the period. The data was collected through primary as well as secondary sources. Primary data was collected by the help of observations and by conducting interviews; whereas the secondary data was collected from scholarly sources. The sample for estimation of the information includes 178 countries between the period of 1985 to 2005. For the study, the sample was constructed through expansion of the dataset as constructed by Rose (2005). The bilateral trade values, GDP per capital, distance, GDP, language and adjacency variables from the data were set and were expand using the International Financial statistics of IMF (international monetary fund) and the Direction of Trade Statistics. The trade data was taken from the Direction of Trade Statistics (DOT). The dummy variables, i.e., distance, language, Adjacency are kept constant for the study. In the estimation method, a structural change test was first conducted because the sample had a long time series dimension. The cumulative sum of recursive residual

Apple Company Domestic and International Market Research Paper - 1

Apple Company Domestic and International Market - Research Paper Example Understanding the domestic market is a necessary requirement to determine economic performance and forecast on future objectives. Apple has initiated innovative strategies that ensure they stay relevant in the market, even with the high price of their products (Davies, 2007). However, the European market has reported slow growth because of competition from the android, Microsoft and windows phones. Asia and other emerging markets such as Africa provide a fertile ground for Apple’s expansion. Cook maintains that segmentation to Asian countries has been beneficial, and it has been able to claim a considerable share of the market. The international market involves multifarious factors such as cultural adaptation, political interference, and consumer trends in the region. Apple has a considerably large market in Europe and Asia that presents diverse consumers of its products. Planning and strategizing is necessary to capture such complex markets, especially with the current competition and globalization concerns (Davies, 2007). HP and Dell are two large competitors in the international technology market that concern Apple. While China provides Apple’s largest international market, Europe provides a considerably large market for their products. However, it has declining sales in the international market (Asia and Europe) that is worrying. Apple plans to retain most of large financing outflows in the domestic market. Capital expenditures, share purchases, and dividends characterize the outflows. Its international target market largely hinges on a well-off market, and Asia presents a large market for this objective as the nation continues to build on its richness. The company has no intentions to reduce the price of its commodities or manufacture inferior products to widen its international market. The iPhone, despite its high price, remains to be a considerable selling point for the Apple products. It perceptibly will dominate the international Asian market, just

Archaeology Topic Assignment Example | Topics and Well Written Essays - 250 words

Archaeology Topic - Assignment Example Developing material culture and brand concepts of culture that are inseparable from the communities is essential. Culture heritage belongs to people, therefore ensuring cultural heritage is a necessity at all cost (Fiol 191). Heritage duration is important to the local people. Duration is long-term preservation of heritage assets and provision of their access in different forms. The fragile heritage assets need to be preserved in an environment that protects them. Large museums offer such conservators for the fragile assets. Museums give culture heritage long life through preserving artifacts or through recreating a historical place that can be experienced by people. There are different forms of protecting buildings and structures that hold cultural heritage. Heritage management for buildings requires continued use of the building. Intangible cultural heritage also needs to be managed through being re-interpreted by people of the specific cultural regions. Management of intangible cultural heritage is not easy but it is still manageable. Cultural resources are all very important and they need constant maintenance (Fiol

“She Walks in Beauty” Explication

â€Å"She Walks in Beauty† Explication â€Å"She Walks in Beauty† Explication By embracing the concept of self-expression, the poet, Lord Byron, has brought together the use of imagination and deep emotion in order to show his admiration towards a woman of beauty. She walks in Beauty is a love poem in which the poet illustrates the physical beauties of such a woman and compares her qualities to the forces of light and darkness. Throughout the poem, the poet accentuates all aspects of her beauty in order to make it seem as if she were the perfect woman. In the first two lines of the first stanza, â€Å"She walks in beauty, like the night / Of cloudless climes and starry skies,† (line 2) the poet brings together the contrasting qualities of darkness and light. The poet presents an extended metaphor by constantly comparing the lady to the beauty of night and day. There are many examples of assonance shown in the first few lines such as the words like, night, climes, skies, bright, eyes, and light. The next two lines address the ladys actual face and eyes as well as her interior beauty which has the same qualities as the light. These descriptions enable the readers to paint a vivid picture of this ladys beauty and her ability to make everything bright even during the night. The next stanza emphasizes the ladys inner and outer beauty as well as the purity of her face. One shade the more, one ray the less, / Had half impaird the nameless grace / which waves in every raven tress, / Or softly lightens oer her face; (lines 7-10). The poet uses opposite words, shade and ray, as another way of relating to the ideas of dark and light. He also employs metaphors such as waves of raven tress to depict her hair. This is also an example of a consonance as the consonant â€Å"v† is repeated, which makes the poem sound smoother. With his words, the poet makes it easier for the reader to picture what such a woman would look like, and how her face would be as light as day while her hair is a as dark as night. The poet also utilizes alliteration by paying more attention to her mind, and repeating the ‘s sound because it gives a calming effect in the way he expresses the womans thoughts. Where thoughts serenely sweet express / How pure, how dear their dwellin g place(lines 11-12). This portrayal accentuates not the womans body, but rather, her mind. The third stanza carries on by describing more of the ladys physical beauty and character. â€Å"So soft, so calm, yet eloquent,† (line 13) symbolizes the womans goodness and the peace within her. A mind at peace will all below,(line 17) reveals the womans innocence and optimism towards everything. All of these character traits come together to describe an ideal woman-one who is gentle, loving, and beautiful. Although the reader might see some conflicting characteristics in the description, this woman is portrayed as a flawless person. Through the comparisons of darkness and light, it is implied that these features create an ideal balance. The rhyme scheme is A B A B A; C D C D C D; E F E F E F. This poem starts with an enjambment, so the first line continues on to the next. Also, the meter changes in the next line. This element and enjambment used together accentuate specific words. An example of this is shown in the fourth line where the word meet is pointed out, because it is the foundation of the poem. It supports the idea that darkness and light are both present in her qualities and the way that the poet describes her. All and all, She walks in Beauty by Lord Byron is a romantic poem that gives the insight of a mans feelings and the depictions of a womans inner and outer beauty.

Free Will Essay -- essays papers

Free Will â€Å"Free Will and its effect on the Greeks, Christians, and Romans† Free will is defined as: Voluntary choice or decision; freedom of humans to make choices that are not determined by prior causes or by divine intervention (Webster’s Online Collegiate Dictionary). Free will had an effect on the Greeks, Christians, and the Romans. Three stories, Oedipus the King, the Bible, and the Aenied, respectively, that we have studied and that fall in each society are examples of how free will is altered by different societies and how it effects their lives. Oedipus the King was written by a Greek, Sophocles. During this time, the Greeks believed that everything was done for the gods, they did not have free will over their lives. There are many examples in the play in which the gods are controlling and tell the people what they should do or how they should live their lives. At the end of the play Oedipus asks Creon to banish him from Thebes: Oedipus: Drive me out of Thebes, in exile. Creon: Not I. Only the gods can give you that. Oedipus: Surely the gods hate me so much- Creon: You’ll get your wish at once†¦(Oedipus 639 lines 1168-71). Creon and Oedipus discuss here how they have no control over their lives, decisions and all. The gods are the ones who make all of the choices. Oedipus, along with the rest of the Greeks, believed that he had no say in the way his life was going to turn out. He believed that it was destined for his life to end the way it did, with him being cursed and banished from Thebes. The Bible is the word of God for the Christians. There are many examples of free will throughout the Bible. Christians believe that God gave us free will to do as we please, but whatever we do should be ... ...s different in each society, the Greeks, Christians, and Romans were all effected in one way or another. Whether it was the gods controlling their lives or God watching over their lives, free will had a very strong imprint on how each society lived their life. Bibliography: Works Cited Genesis. The Bible. The Norton Anthology: World Masterpieces. Ed. Lawall. & Mack. New York: W.W. Norton & Co., 1999. 51-72. Merriam Webster’s Online Collegiate Dictionary. 2000. Merriam Webster’s Collegiate Dictionary. 8 October 2000. www.m-w.com/cgi-bin/dictionary Sophocles. Oedipus the King. The Norton Anthology: World Masterpieces. Ed. Lawall. & Mack. New Tork: W.W. Norton & Co.,1999. 596-640. Virgil. The Aenied. The Norton Anthology: World Masterpieces. Ed. Lawall. & Mack. New York: W.W. Norton & Co., 1999. 814-895.