...Issues Peter Jeffrey, president of Chef’s toolkit required funding so the company could manufacture and market a new invention, a pasta server. The pasta server would be manufactured by an injection molding process. How much should he sell the pasta server for and what are the worst, best, and expected case scenarios. Analysis They initially wanted to use a single cavity production mold (one device per cycle). Four cycles could be completed per minute so the monthly production capacity was at about 40,000 units. To replace units sold the company maintained a minimum of 10,000 units of inventory. If inventory exceeded 10,000 units they would need to rent a warehouse space that cost $230 per month and the warehouse can only hold up to 35,000 units. After producing 162,000 unites Peter determined that the single mold cavity would be obsolete. The depreciation charge of $0.145 per unit on wear and tear of mold, then a combined charge of $0.017 per unit on packaging mold and tool and dies. Ten dollars per month was allowed for depreciation of equipment. Wholesale price to the distributors was $1.82 per unit, net 30 days. Peter believed 50 percent of receipts would be paid in the first month and the remainder the second. Wholesalers would sell product to retail outlets for $2.15. Similar plastic kitchen utensils that were occasionally used for pasta serving were sold for $3.45 to $5.15, with retailers receiving a 100 percent mark-up. To get noticed they believed about 500 units...
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...NATALIE SHAH 1 Any Road, Anytown AN1 1CV Telephone: 01632 960 941; Mobile: 07700 900 935; Fax: 01632 960 316 Email: natalieshah@example.com PROFESSIONAL PROFILE ➢ A versatile and results-oriented professional who specialises in sourcing and buying products from UK and overseas markets requiring strong supplier relationships ➢ Familiar with all aspects of the consumer electronics market with particular emphasis on buying, marketing and e-commerce ➢ Possesses excellent interpersonal skills and the ability to communicate and negotiate concisely and articulately at all levels ➢ Attentive to detail with a practical approach to problem solving and the organisation required to ensure that deadlines, budgets and objectives are achieved ➢ Enjoys being part of a successful and productive team and thrives in highly pressurised and challenging working environments OBJECTIVE Currently looking for a new and challenging position within the corporate sector, one which will make best use of existing skills and experience acquired in privately owned companies while enabling further personal and professional development. CAREER SUMMARY 2005–date FAR EAST MANAGER, ABC Group LTD • Headhunted by the Chairman of the small family company specialising in the wholesale of consumer electronics products in the UK • Tasked with the sole running and development of the company’s interest in the China market, importing health food supplements, with full...
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...The shift toward a more integrated and interdependent world economy is referred to as a) economic integration b) economic interdependency c) globalization d) internationalization The merging of historically distinct and separate national markets into one huge global marketplace is known as a) global market facilitation b) cross-border trade c) supranational market integration d) the globalization of markets Firms that are involved in international business tend to be a) large b) small c) medium-sized d) large, small, and medium-sized The correct answer is d. Which is not a factor of production? a) trade b) land c) capital d) energy The correct answer is a. The sourcing of good and services from around the world to take advantage of national differences in the cost and quality of factors of production is called a) economies of scale b) the globalization of production c) global integration d) global sourcing The correct answer is bWhich organization is responsible for policing the world trading system? a) the International Monetary Fund b) the United Nations c) the World Trade Organization d) the World Bank The correct answer is c. What is the single most important innovation to the globalization of markets and production? a) advances in transportation technology b) the development of the microprocessor c) advances in communication d) the Internet The correct answer is b. Which of the following trends is true? a) the United States is accounting...
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...2010 Fourth International Conference on Network and System Security Security-oriented Workflows for the Social Sciences Prof. Richard O. Sinnott, University of Melbourne, Melbourne, Victoria, 3010, Australia, rsinnott@unimelb.edu.au Sardar Hussain National e-Science Centre University of Glasgow, Glasgow G122 8QQ, Scotland s.hussain@nesc.gla.ac.uk Abstract — The service-oriented computing paradigm and its application to support e-Infrastructures offers, at least in principle, the opportunity to realise platforms for multi- and inter-disciplinary research. Augmenting the service-oriented model for e-Research are mechanisms for services to be coupled and enacted in a coordinated manner through workflow environments. Typically workflows capture a research process that can be shared and repeated by others. However, existing models of workflow definition and enactment assume that services are directly available and can be accessed and invoked by arbitrary users or enactment engines. In more security-oriented domains, such assumptions rarely hold true. Rather in many domains, service providers demand to be autonomous and define and enforce their own service / resource access control using locally defined policy enforcement points (PEP) and policy decision points (PDP) which allow access and usage of resources to be strictly monitored and enforced. In this paper, we outline how it is possible to support security-oriented workflow definition and enactment through chaining...
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...Neets Central Control To be used with Neets Control EU panel software 1.30 and forward Doc. No: 309-002 Rev 1.02 Foreword: The purpose of this document is to describe how to install, set-up, and configure Neets central control. Included in this manual is also a description on how to use the software. This program can be downloaded from Neets.dk. The document is split into 3 sections: 1. Hardware configuration. 2. Software setup. 3. End-user manual. COPYRIGHT - All information contained in this Manual is the intellectual property of and copyrighted material of Neets. All rights are reserved. You may not allow any third party access to content, information or data in this manual without Neets’ express written consent and you may only use such information for the care and operation of Neets Control. Questions, AFTER reading this manual may be addressed to your local dealer or: Neets Torvet 4 8700 Horsens Denmark by E-Mail: Support@Neets.dk Or you may use our contact form at www.neets.dk Page 1 of 17 Doc. no: 309-002 Rev 1.02 Revision list: Author : Date Description Pages TSA : 27-07-06 SDV : 03-10-06 SVL : 23-06-08 First release Spelling error Header in the document has been change. Remove information regarding the lockup of panels Added the description of the renaming functions. Added description of the relabeling Updated the description of the settings options. All 1.00 5,7,8,9,10,13,15,16 1.01 All 1.02 Doc...
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...Midland's cost of capital 1. I choose the rate of 30-year U.S. Treasury bonds in 2007 (4.98%) as the risk free rate in the 2007 WACC calculations. The reason is that majority of large firms and financial analysts report using long-term yields for bonds to determine the risk-free rate. Rf=0.0498 2. Cost of debt, which is determined by adding the spread to Treasury (1.62%) to the rate of 30-year treasury bonds in 2007. Rd=0.0498+0.0162=0.066 3. Cost of equity, the EMRP (5%) and D/E (59.3%) was taken out of the context of the case. βa=Equity Beta/(1+D/E)= 1.25/(1+0.593)= 0.78 According to Table1, consolidated D/V is 42.2%, E/V is 57.8%, βe= βa*(1+D/E)= 0.78*(1+0.422/0.578)=1.35 Re=Rf+ βe *EMRP= 0.0498+(1.35*0.05)= 0.1173 4. WACC, the tax rate (38.58%) was from the 2006 taxes paid. WACC= D/V*(1-T)*Rd+E/V*Re= 0.422*(1-0.3858)*0.066+0.578*0.1173=8.49% The division costs of capital Exploration & Production 1. I also use of 30-year U.S. Treasury bonds in 2007 (4.98%) as the risk free rate, Rf=0.0498. 2. Cost of debt, Rd=Rf+ the spread to Treasury(Exploration & Production)=0.0498+0.016=0.0658 3. Cost of equity, EMRP=5%. Since we can’t get the beta of E&P, we should use the information of comparable companies on Exhibit 5 to get average asset beta, and then to calculate the beta of E&P. βa=Equity Beta/(1+D/E)= 1.15/(1+0.398)= 0.82 According to Table1, consolidated D/V is 46%, E/V is 54%, βe= βa*(1+D/E)= 0.82*(1+0.46/0.54)=1.52 Re=Rf+...
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...Pick Me: Slotting Product “Some have argued that slotting allowances – and a variant known as pay-to-stay fees, paid by manufacturers to keep existing products on retailers’ shelves – harm consumers by, among other things, excluding certain manufacturers and thereby impairing competition that otherwise would take place. Defenders of slotting allowances have asserted that, among other things, they cover the cost of introducing new products to the marketplace and thereby tend to foster entry and innovation”. (ftc.gov 2001) While the Department of Justice concludes that the practice of slotting allowance is not an antitrust issue there is a possibility that there may be issues in the future with anticompetitive exclusion. Slotting allowance is a practice used by manufacturers and retailer to stock certain products on the shelves. It was most prevalent in supermarkets but spread to other store i.e. electronic stores and computer stores. For example, Microsoft pays a fee to have an end cap (spot at the end of an aisle) to display their product only. Some feel that it is an exclusivity practice that leaves out smaller businesses that cannot compete with the fees required by retailers. The process was for manufactures to introduce new product to customers. But it is now a wide spread practice to charge a fee to keep their mature (older) products on the shelf. The practice allows for retailers to build their market power. Pros and cons of slotting allowances: 1) Pros ...
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...Capstone Rehearsal Guidelines (Revised 9-27-14) Overview The Capstone Rehearsal is an individual simulation that enables students to compete against computer competitors as a means to sharpen their decision making skills and knowledge of the Capstone simulation. It should be noted that the Rehearsal simulation does not include the optional TQM module that is being used in this course. This is because instructors are not given the option to include TQM functions in the rehearsal simulation. Due to some recent updating of the user interface in the Capstone rehearsal the revised guidelines presented below are being made available. Please note, the way the user screens for the tutorial and rehearsal may appear slightly differently depending on whether you are using the legacy view or the Beta view of Capstone. You should be able to switch from one to the other by clicking a control at the very top of your screen. If you have any questions about switching from legacy to beta view or vice versa, please call Capsim Technical Support directly at 877-477-8787. User Operating Guidelines 1. From the main dashboard screen select button REVIEW THE REHEARSAL TUTORIAL REVIEW THE REHEARSAL TUTORIAL Click on this button 2. At the bottom of the next page you will see a button OPEN THE REHEARSAL TUTORIAL OPEN THE REHEARSAL TUTORIAL...
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...WT AWT vs. Swing AWT vs. Swing For this assignment, it has been requested the author write a review of the advantages and disadvantages of AWT (Abstract Window Toolkit) vs. Swing in writing a Java program. AWT is a portable GUI library for standalone applications or applets with an advantage of speed in it’s use of native peers and performance. Additionally most web browsers support AWT so the applets designed will have greater ease in use and design and AWT components look similar to the operating system in which they run on. Swing uses a set of GUI components built upon AWT technology and gives it something of a “plug and play” feel and is implemented entirely in the Java programming language. Having pure Java design, it has a greater range of behavior and not limited by the native peers that AWT uses. Additionally it has a wider range of features like icons and pop up tools. Another thought, and this is opinion, is that Sun puts more interest into swing and makes it a more robust program for it’s web based uses. The look and feel with it’s pluggable abilities lets a user design a single set of GUI applications that look similar to the native OS it is running on. Some disadvantages of AWT are the third party development and it’s smaller set of components that are available and the components typically do not support icon and tool tips. With swing, the general overall performance is slower and buggier than AWT, as this author has learned firsthand in writing with both...
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...Case Three CHEF’S TOOLKIT INC. Cash Budgeting 企业现金需求分析和预算 1 Case Explanation: cash budgeting History: Jefferys, invention of Pasta server Production: data Marketing: data Financial Implication: data Data: Composition of Canadian Households; Balance sheet(July 15, 1994) Jefferys Personal balance sheet (July 15, 1994) Production Schedule in Unit 2 Study Questions Q1：What is the Case? (1)event?(2)Companies?(3)Persons?(4)Time? What is the problem?(5)Why is the problem?(6)Possible Solutions? Q2：Analyses (1) Background of Chef’s Toolkit Inc. ? (2) CV of managers? (3)What is the invention? (4)Company Size-up: production, marketing, and financial status? Q3：Budgeting(monthly sales : 10,000; 5,000; 30,000): production schedule, cash budget, Pro-forma income statement, Pro-forma balance sheet Q4：How can the firm avoid loss? Break –even calculation? Q5: How much money do the firm need for financing? Should Dale Raid invest? What are his risks? 3 Case Summary（案例） M r. P eter Jeffery President of Chef’s Toolkit Inc. M r. Dale Reid Private Investor 风险投资家 Obtain funds to start manufacturing and marketing a new pasta server. 4 Case Summary（案例） Produce Sell Chef’s Toolkit Inc. Pasta Server 意大利通心粉 Chef or Housewife 5 Objectives（目标） Produce projected income statements, balance sheets, and cash flow statement up to July 31, 1995. 预计财务报告 Obtain fund from Dale Reid. 6 Why Budget? 预算 If you know where you are going...
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...Case Three CHEF’S TOOLKIT INC. Cash Budgeting 企业现金需求分析和预算 1 Case Explanation: cash budgeting History: Jefferys, invention of Pasta server Production: data Marketing: data Financial Implication: data Data: Composition of Canadian Households; Balance sheet(July 15, 1994) Jefferys Personal balance sheet (July 15, 1994) Production Schedule in Unit 2 Study Questions Q1：What is the Case? (1)event?(2)Companies?(3)Persons?(4)Time? What is the problem?(5)Why is the problem?(6)Possible Solutions? Q2：Analyses (1) Background of Chef’s Toolkit Inc. ? (2) CV of managers? (3)What is the invention? (4)Company Size-up: production, marketing, and financial status? Q3：Budgeting(monthly sales : 10,000; 5,000; 30,000): production schedule, cash budget, Pro-forma income statement, Pro-forma balance sheet Q4：How can the firm avoid loss? Break –even calculation? Q5: How much money do the firm need for financing? Should Dale Raid invest? What are his risks? 3 Case Summary（案例） M r. P eter Jeffery M r. Dale Reid Private Investor President of 风险投资家 Chef’s Toolkit Inc. Obtain funds to start manufacturing and marketing a new pasta server. 4 Case Summary（案例） Sell Produce Chef’s Toolkit Inc. Pasta Server Chef or Housewife 意大利通心粉 5 Objectives（目标） Produce projected income statements, balance sheets, and cash flow statement up to July 31, 1995. 预计财务报告 Obtain fund from Dale Reid. 6 Why Budget? 预算 If you know...
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