...unit production cost $264.00 Most MO os fixed and unaffected by variations in j ewelry produ ced $7 of the MO is variable with respect to bracelets produced Additional Special order: $6.00 per Special tools purchase $465.00 tool No affect on sales or capacity What affect? Special price $349.95 per Should the special order be accepted at this price Company: Miyamoto Jewelers Per Unit 10 Bracelet Incremental revenue $349.95 $3,499.50 Incremental costs: Variable costs: Direct materials $143.00 $1,430.00 Direct labor $86.00 $860.00 Variable Manufacturing overhead $7.00 $70.00 Special filligree $6.00 $60.00 Total variable cost $242.00 $2,420.00 Fixed costs: Purchase of special tool $465.00 Total incremental cost $2,885.00 incremental net operating income $614.50 CHAPTER 12 – EXERCISE 12-16 Solution Diehl Company Diesel Tractors unit product cost based on 60000 parts per year Per Part 60000 units Direct materials $4.00 $240,000.00 Direct labor $2.75 $165,000.00 Variable manufacturing overhead $0.05 $3,000.00 Fixed manufacturing overhead, traceable $3.00 $180,000.00 Fixed manufacturing overhead, common $2.25 $135,000.00 (allocated on the basis of labor hours) unit production cost $12.05 $723,000.00 Electrical parts $10.00 per part Supervisory salary (trace FMO / 3) $60,000.00 Eliminated and can be eliminated ...
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...2014 Data Science Salary Survey Tools, Trends, What Pays (and What Doesn’t) for Data Professionals John King & Roger Magoulas Take the Data Science Salary and Tools Survey As data analysts and engineers—as professionals who like nothing better than petabytes of rich data—we find ourselves in a strange spot: We know very little about ourselves. But that’s changing. This salary and tools survey is the second in an annual series. To keep the insights flowing, we need one thing: People like you to take the survey. Anonymous and secure, the survey will continue to provide insight into the demographics, work environments, tools, and compensation of practitioners in our field. We hope you’ll consider it a civic service. We hope you’ll participate today. Make Data Work strataconf.com Presented by O’Reilly and Cloudera, Strata + Hadoop World is where cutting-edge data science and new business fundamentals intersect— and merge. n n n Learn business applications of data technologies Develop new skills through trainings and in-depth tutorials Connect with an international community of thousands who work with data Job # 15420 2014 Data Science Salary Survey Tools, Trends, What Pays (and What Doesn’t) for Data Professionals John King and Roger Magoulas 2014 Data Science Salary Survey by John King and Roger Magoulas The authors gratefully acknowledge the contribution of Owen S. Robbins and Benchmark Research Technologies...
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...M1 Identify any three types of machine tools of your choice and discuss the different types of work holding and tool holding techniques for various work piece in the form of a written report. Make sure your report contains annotated pictures of various tools in order to support your assessment. Three types of machine tool of my choice: We are going to be looking at the different types for work holding and tool holding techniques for • Drilling machine • Lathe machine • Milling machine Drilling machine: Drilling machine is a cutting tool which is used to make a hole on the work piece. in the operation the work piece is kept stationary and the cutting tool is made to rotate to make the hole on the work piece .this cutting tool comes in various sizes and shapes. The work holding devices used in a drilling machine are:...
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...the most common causes of fiber network malfunctions: • Broken fibers because of physical stress or excessive bending • Insufficient transmitting power • Excessive signal loss due to a cable span that’s too long • Excessive signal loss due to a contaminated connector • Excessive signal loss due to faulty splices or connectors • Excessive signal loss due to having too many splices or connectors • Faulty connection of fiber to the patch panel or in the splice tray Typically, if a connection is completely dead, it’s because of a break in the cable. However, if the connection is intermittent, there are several possible causes: • The cable’s attenuation may be too high because of poor quality splices or too many splices. • Things like dust, fingerprints, scratches, and humidity can contaminate connectors. • There is low transmitter strength. • There are bad connections in the wiring closet. Some tools to assist in determining the issue with the network would be: Cable fault finder - fault locator, cable and wire manager and tone generator Electrical Contractor Telecom Kits - these kits contain essential industry standard telecommunications tools and test equipment. Voltage Detector - provides protection against hazardous voltages. Punchdown Tool - termination tool allows you to terminate jacks. Modular Crimper Cable Strippers Once you find the problem, you have to repair it. Besides the test equipment needed for troubleshooting, you need tools for splicing...
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...and scaffolds and performed preparatory work. ! Mixed, thinned, blended, matched, tinted and toned following specific verbal and written orders. ! Applied coating material such as primers, paints, varnishes and shellacs. ! Effectively practiced safety procedures following established rules and regulations while maintaining a safe and clean work area; operated equipment in a safe manner, free of accidents. ! Maintained time and attendance practices as set forth by established rules and procedures. ! Used brushes, rollers, spray guns, graining devices, compressors as well as common hand tools. ! Operated high pressure tools to prep and clean surfaces, exteriors, brick and drive ways. ! Adheres to all safety, security and fire and health regulations. SKILLS/KNOWLEDGE ! ! ! ! Paints and thinning compounds Safety rules and regulations for hazard waste Read and follow standard specifications Use and maintain tools and equipment ! Use computer terminals to maintain records and document actions ! Standard surface preparation and coating methods and techniques EMPLOYMENT HISTORY PUROCLEAN -BONAIRE, GA SONNY’S REAL PIT...
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...widely used to describe large-scale units where industrial methods are applied to certain agricultural enterprises. These enterprises are found primarily in the tropical regions of Asia, Africa and Central and South America, but they are also found in certain subtropical areas where the climate and soil are suitable for the growth of tropical fruits and vegetation. Plantations are grown on a large scale because the crop is grown for commercial purposes, not for domestic use.Work on plantations involves numerous hazards relating to the work environment, the tools and equipment used and the very nature of the work. Plantation Work The main activity on a plantation is the cultivation of one of two kinds of crops. This involves the following kinds of work: soil preparation, planting, cultivation, weeding, crop treatment, harvesting, transportation and storage of produce. These operations entail the use of a variety of tools, machines and agricultural chemicals. Where virgin land is to be cultivated, it may be necessary to clear forest land by felling trees, uprooting stumps and burning off undergrowth, followed by ditch and irrigation channel digging. In addition to the basic cultivation work, other activities may also be carried out on a plantation: raising livestock, processing crops and maintaining and repairing buildings, plants, machinery, implements, roads and railway tracks. It may be necessary to generate electricity, dig wells, maintain irrigation trenches, operate engineering...
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...or deliver blows to an object like driving nails, fitting parts and breaking up objects. a, Hammer b. Plier c. Wrench d. Cutter 2. It is the most popular type of measuring tools which usually has 6 or 12 inches length. a. ruler b. speed square c. wrench d. Cutter 3. It is a curved and hand held aquaculture tool for harvesting grain crops or cutting grasses for hay. a. Shovel rake c. sickle d mattock 4. The most versatile and widely used shovel used for digging, scooping or shoveling dirt from one point to another. a. Irrigation shovel b. Round point shovel c. Garden shovel d. Scoop shovel 5. A device for measuring the weight of an object. a. Paper weight b. Measuring tool c. weighing scale d. square 6. A tool used to tighten or loosen screws. a. hammer b. Screw driver c. Wrench d. Pliers 7. Known to be hand operated tools. a. Shovel b. tools c. Pliers d. Hand tools 8. It can be like a compass with inward or outward facing points and the type can be adjusted to fit across the points to be measured. a. Caliper b. Folder ruler c. Ruler d. Square 9. Quality indicators of using screw drivers. a. Bade metals b. Handle and bar attachment c. screwdriver tips d. all of the above 10. The following are the guidelines to avoid hand tools injuries except a. A right tool for the job. b. good condition. c. Proper storage d. watch your body. 11. Is an excellent means of improving the performance...
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...How to solve the limitations of the current system. Material handling equipment is about roles in moving, storage, and control of the goods. The categories of material handling are traditional and modern. 1. Traditional (i) Used human power (ii) Not value adding (iii) Minimize used of since it depend on the capabilities of the human to handle the risk 2. Modern (i) Used robotic system/ computerise system (ii) Adding value (iii) Maximize flexibility of used Detection systems and RFID-based automated material handling is now available and common to many of these industries are particularly flatbed conveyor. MHS based flatbed conveyor systems bring themselves to control complexity, additional storage equipment such as baskets and trays and additional user activity. The meat processing industry in the UK has refused to adopt the system because of the cost of installation if there is no commercial benefit in a financial decline through food fear accompanied by potential incompatibility between the issues of system reliability and the imposition of additional stress operator. Based on time constraints, the research has been conducted on the MHS can solve the limitations of the current system. Therefore, a consortium project called Meatract, was established to research and develop novel MHS automatically detect and track cuts in the boning...
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...Notes for using the Job Analysis template Job analysis is an in-depth study of a job (not the person in the job). It provides information for job descriptions. In doing the analysis, you will need to gather information about the job, eg by interviewing employees, observing performance of certain tasks, asking employees to fill out questionnaires and worksheets, and collecting information about a job from other sources such as related units of competency. Whatever sources you use to get basic information on what the job entails, the analysis should end up with written results that can be reviewed by the incumbent, or other employees who know the job. During the review, duties, competencies, knowledge, skills, abilities, and other characteristics of the job can be added, deleted or modified. Job analysis is designed to provide a reliable method of quickly and effectively identifying critical competencies (ie knowledge, skills and abilities) and establishing the qualifications for a job or role. The step-by-step process below will assist you to complete a job analysis using the template provided. |Process |Explanation | |Step 1. Understand the job |Start by developing a complete understanding of the position. This is the foundation on which training (and | |including duties and tasks |other human resources processes) is based. The basis...
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...services that are unprofitable or adjust pricing to match strategic decisions. This tool is generally used for evaluating product/service and customer cost and profitability. Thus ABC can be used to support strategic decisions such as pricing, outsourcing, identification and measurement of process enhancement initiatives. EXTRA QUESTION: What differences do you see between applying ABC in a service company (as the Co-Operative Bank) and in a manufacturing company? MANUFACTURED PRODUCT OR SERVICE PERSPECTIVE The immense difference between applying ABC to a service company as apposed to a manufacturing company is that with a manufacturing company, the product costs are easily identifiable and quantifiable because they consist of direct materials and direct labour associated with the products. Manufacturing overheads or indirect production costs can be allocated towards the product using absorption costing relatively easily unless management want to perform a more accurate intensive ABC model that will be more tedious and thus extremely time consuming. However with a service company, the direct costs associated with a job or service product is not as easily identifiable. Regularly the direct input is employees time in hours invested into a specific job or service product and thus procedures would have to be set into place to capture this input accurately. In the service industry, it is common that employees may be exposed to...
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...Oakland, CA 94601 IS535 - Managerial Applications of Information Technology Milestone 1 Refocusing Mission Tool & Mfg., Co. Dale Reynolds DeVry University Refocusing Mission Tool & Mfg., Co. 1. The Subject Mission Tool & Mfg., Co. (MTM) has an internal problem which I believe could be resolved by a propose solution. MTM can benefit with this proposition, as well as resolve its many financial issues that it’s facing with the bad economy and still trying to compete in the manufacturing business without spending an arm and a leg. MTM has an overall IT costs that are too high to be spent on while trying to gain profit and stay in the manufacturing competition. With this proposition MTM could also make employees work more users friendly and the company can gain independency by not being dependent to local company’s network. With this MTM can be more efficient by getting rid of all the paper work that is cluttering and hard to organize to be found by any employee or personnel that needs documents. 2. Company Background Mission Tool & Mfg., Co. Mission Tool is a business specializing in precision stamped and machined components. They have capabilities to suit every need, ranging from those of a start-up company through to the demands of a thriving corporation. The plant is located in Hayward, CA and is based on nearly 40 years of experience, Mission Tool utilizes the talents of a dedicated staff coupled with the latest in high-technology machining, stamping and...
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...Executive Summary Black & Decker had always been a market leader in the power tools industry. Many changes took place that helped out in the company in the short run, but hurt in the long run. In 2000 Black and Decker Corporation was still reeling from the financial and strategic problems stemming from the company's acquisition of Emhart Corporation in 1989. In late 1998 Black & Decker management celebrated the completion of an almost decade-long effort to divest nonstrategic business gained through its 1989 acquisition of Emhart Corporation and expected the company to enter a long-awaited period of growth as its entire management refocused its attention on its core power tools, plumbing, and security hardware business. Archibald believed that "This portfolio restructuring will allow us to focus on core operations that can deliver dependable and superior operating and financial results." However the portfolio restructuring did little to improve the market performance of the company's securities. Yet Archibald and the management continued to express confidence that the company's streamline portfolio would allow Black & Decker to achieve revenue and earnings growth that the market would find impressive. So far the 1998 divestitures have not produced steady increases in the company's stock price, but look promising for the future due to the efforts to refocus efforts on the successful power tools line. Strategic planning team evaluation Over the years, Black & Decker...
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...To: Chad Thomas Founder Chad's Creative Concepts From: Subject: Chad's Creative Concepts Date: Jan. 07, 2015 Chad's Creative Concepts is a small custom furniture manufacturing company that has earned a reputation for innovative designs and excellent quality by focusing production on specialty designed furniture. Chad's Creative Concepts has grown substantially and has caused significant problems between standardized furniture and specialty designed furniture production. The problems concern external operations and internal operations of manufacturing. Chad's Creative Concepts has to set priorities to schedule different orders. Orders for low running and high running furniture pieces are being accepted because sales have increased. Chad's Creative Concepts has not increased the amount of equipment or capacity needed to handle the business growth. Low running and high running furniture pieces are now competing for the same manufacturing capacity. Chad's Creative Concepts has to emphasize the importance of on time delivery and manufacturing costs. Low running furniture pieces and high running furniture piece have a different set of priorities. Sales and marketing have not considered the conflict between dedicating equipment to standardized pieces and specialty equipment for custom pieces. Producing standard furniture pieces has created significant growth for the company. The growth has also caused the cost of inventory and operational costs to increase...
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...For 85 years, the Williams Machine Tool Company had provided quality products to its clients, becoming the third largest U.S.-based machine tool company by 1990. The company was highly profitable and had an extremely low employee turnover rate. Pay and benefits were excellent. Between 1980 and 1990, the company’s profits soared to record levels. The company’s success was due to one product line of standard manufacturing machine tools. Williams spent most of its time and effort looking for ways to improve its bread-and-butter product line rather than to develop new products. The product line was so successful that companies were willing to modify their production lines around these machine tools rather than asking Williams for major modifications to the machine tools. By 1990, Williams Company was extremely complacent, expecting this phenomenal success with one product line to continue for 20 to 25 more years. The recession of the early 1990s forced management to realign their thinking. Cutbacks in production had decreased the demand for the standard machine tools. More and more customers were asking for either major modifications to the standard machine tools or a completely new product design. The marketplace was changing and senior management recognized that a new strategic focus was necessary. However, lower-level management and the work force, especially engineering, were strongly resisting a change. The employees, many of them with over 20 years of employment at Williams...
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...In this individual paper, we would like you to consider how you might use the tools from the Leading Teams course to develop your leadership skills over the coming year. This assignment has two goals: • Nudge you into practicing the tools and concepts discussed in class. • Launch your leadership development efforts now, at the beginning of the program. Assignment length: Because I want you to put the majority of your effort into "doing" and "thinking" (drawing lessons from the experience, deciding on next steps), we are going to keep the writing part short. 3 pages maximum, double spaced. Due date: Tuesday, September 2, 5 pm (via Turnitin on Blackboard) (Note the due date has been moved back by one day) Preparation: Step 1: Identify a leadership skill you would like to develop, and a tool or framework from the course that might help you to do so. For example, you might decide that you want to develop the emotional facet of your leadership, and will use one of the emotion management tools to do this. Step 2: Apply the tool or framework multiple times over the coming two-week period. • IMPORTANT: Get started now. The time investment can (and should) be short (a few minutes a day), but could not usefully be crammed into the last day. • Be creative. If you can think of a novel way to apply some of the course ideas, great. The important thing is that you do something. • Track what you are doing. Step 3: Reflect on what...
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