...Case Analysis: Executive Shirt Company, Inc. Operations Management - I PGP1 Section B Group 4 Group Members AMARENDRA SAHOO PGP2011533 BHAWNA GOKANI PGP2011595 CHATARKAR ANURAG MAHADE PGP2011600 C.LALRUATSANGA 2011FPM06 RUPSA CHAKRAVARTY PGP2011837 SAARANG K. MEHTA PGP2011841 UTKARSH SINGH PGP2011923 Case Analysis: Executive Shirt Company, Inc. Summary: Mr. Dwight Collier, Gen. Manager of Executive Shirt Company (ESC) is planning to introduce customized shirts in his current production facility since they can fetch 75% more price as compared to regular shirts. Currently, ESC is manufacturing 16,000 shirts per month and they plan to manufacture 2,000 customized shirts per month without hampering the current production. The company has 5 departments, namely, Cutting: 1 Machine, 4 Workers Sewing: 48 Machines, 48 Workers Inspection: 4 workers Ironing: 4 Machines, 4 Workers Packaging: 4 workers Indirect Workers (material handlers) : 4 Workers Mr. Collier introduced a change in the manufacturing process by introducing a Laser Cutting Machine for customized shirt. He requested two of his managers, Mike and Ike to devise a production plan to maximize the profit from both the products. The highlights of their plans are Mike’s Plan: To go with one production line manufacturing both the products simultaneously (other than the cutting process) o Eight Batches of regular shirts with 5 shirts each o One batch...
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...“Measurement of consumer satisfaction of Aarong” assigned as a requirement for business communication course. Working at Aarong and preparing this report has been a good experience for us. We hope this report will help the Aarong to gather insights on the topic and open the windows to do further studies in this aspect. We would like to express our gratitude to you for giving us the opportunity to work on this topic. Your quires in this report will be much appreciated. Thanking you. Sincerely yours, Md. Jasim Uddin Md. Mazidur Rahman Md. Rakib Hassan Romanaz Parvin Ahmad Rahik Majumder Shaidur Rahman Jaber Shirina Akter Table of Contents | Sl. No. | Particulars | Page No. | | | | | | | Executive Summary | ix | | | | | | | CHAPTER ONE | | 1.0 | | Introduction | 1 | 1.1 | | Origin of the Report | 2 | 1.2 | | Objectives of the Study | 2 | | 1.2.1 | Broad Objectives | 2 | | 1.2.2 | Specific Objectives | 2 | 1.3 | | Scope | 2 | 1.4 | | Limitation of the...
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...Cost Management and Applications Case Study Assignment Granville Sea Kayaking Case 6pm Friday, 6th August, 2009… Tom and Michael were relaxing with some friends on the deck of Michael’s new houseboat on Granville Island, Vancouver. Just that morning they had looked over their business’s profit statement and were feeling very pleased with what they saw. Granville Sea Kayaking (Granville), the business they’d started in 2000, had made profits for the last six months that exceeded their expectations. While both were pleased that their business had apparently done so well, they admitted that they didn’t really know why, because they had experienced a number of issues throughout the period[1] that were expected to negatively affect profit. “You know guys, I’d be happy to undertake a variance analysis of your profit results,” said Samantha, the business’s management accountant and a close friend of both Michael and Tom. “It can really help you understand why the profit you made differed from what you budgeted at the start of the period.” Tom looked at Michael and nodded. “Why not,” he said. “I guess it’s about time we became a little more professional now we’re business tycoons.” And so it was decided that Samantha would analyse Granville’s profit to find out how Michael and Tom managed to do so well. Business Background Granville Sea Kayaking provides sea kayaking courses around English Bay in Vancouver, Canada. The business began in 2000 with the...
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...Knitwear and Guardian Case Analysis Problem Classic Knitwear is a publicly traded company, which operates in the unbranded market segment. It is a manufacturer and distributor of non-fashion casual knitwear. The main business comes in from Wholesalers and Retail Channels. Recently, the company has been able to take advantage of low production costs through their state-of-the-art offshore production facility, established in the Dominican Republic. Due to Classic Knitwear’s moderate cost advantage over other US producers, rival companies such as JamesBrands and FlowerKnit had noticed Classic Knitwear’s model. It would only be a matter of time until these rivals reached similar or better manufacturing efficiencies. Classic Knitwear’s primary short-term objective is reaching and sustaining a gross margin of 20% in 2006. The low gross margin is due to Classic Knitwear’s poor brand recognition, the company needs to focus on innovating their products and raising recognition. To reach this objective and maintain a consistent stock price, Classic Knitwear knows that it needs to communicate compelling plans for margin growth. Through market research, the company found that a licensing agreement with the chemical firm Guardian, a manufacturer of odorless insect repellents, would benefit the reputation and financial stability of the company. In this case, I will calculate the break-even point in order to determine the best solution for Classic Knitwear. Solution Executives at Classic Knitwear...
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...Rev. March 11, 1996 Executive Shirt Company Case Analysis-The Executive Shirt Company (Group Project) Part A Calculations | Current Process | Mike's Plan | Ike's Plan | | Regular Shirts | Regular & Custom Shirts | Regular Shirts | Custom Shirts | A) Actual Cycle Time (Min/shirt) | 2 minutes per cuff / 4 workers = 0.5 | 120 minutes for cutting / 480 shirts worth = 0.25 < labor content of cuffs at 0.5 CT | All labor content / one less worker for each category while cutting is still 0.25:Cuffs is still the bottleneck at 2 labor content / 3 workers = 0.67 mins/shirt | 2.5 / 5 = 0.5 labor content for cutting.With everything divided by 1, collar is new bottleneck at 3.90 CT | B) Manufacturing Lead Time (days)(WIP * Cycle Time) / Minutes in a working day | 11,760 * 0.5 / 480 minutes = 12.25 | 0.5 * 1980 / 480 = 2.06 days | (9060 * 0.66) / 480 = 12.58 days | (50 * 3.9) / 480 = 0.41 days | C) WIP Inventory (shirts)Average WIP * Batch size | 196 * 60 = 11,760 | 396 * 5 =1980 shirts | 60 * 151 sum of avg. WIP =9,060 shirts | 30 units at sewing + 5 units being cut + 15 units being finished = 50 WIP (given in case) | D) Production Capacity (shirts/day)Minutes available / CT | 8 hours * 60 minutes / 0.5 =960 shirts / day | 8 hours * 60 mins / 0.5 = 960 shirts/day | 480 / 0.666 =720 shirts/day | 8 * 60 / 3.9 =123 shirts/day | E) Capacity UtilizationActual Produced / What could be produced | 10,000 / (960 * 20 days) = 83% | (16,000 + 2000) / (960 * 20) = 93.75%...
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...Examination Paper : Semester II IIBM Institute of Business Management Examination Paper MM.100 Business Communication Section A: Objective Type (30 marks) This section consists of multiple choices and Short Notes type questions. Answer all the questions. Part one questions carry 1 mark each & Part Two questions carry 4 marks each. Part one: Multiple choices: 1. __________is an essential function of Business Organizations: a. Information b. Communication c. Power d. None of the above ANSWER: Communication 2. Physiological Barriers of listening are: a. Hearing impairment b. Physical conditions c. Prejudices d. All of the above ANSWER: All of the above 3. Which presentation tend to make you speak more quickly than usual: a. Electronic b. Oral c. Both ‘a’ and ‘b’ N d. None of the above ANSWER: Oral 4. What is the main function of Business Communication: a. Sincerity b. Positive language c. Persuasion d. Ethical standard ANSWER: Persuasion 5. The responsibilities of the office manager in a firm that produces electronics spares is: a. Everything in the office runs efficiently b. Furniture and other equipment in the office is adequate c. Processing all the incoming official mail and responding to some d. All of the above ANSWER:All of the above 6. Labov’s Storytelling Model based on: a. Communication through speech b. Language learning c. Group Discussions d. None of the above...
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...[pic]Executive Summery: Men’s fashion in Bangladesh has still not reached the heights of international standards. We are still very much behind the trends that the world follows. In the dynamic world of fashion, very few brands can claim domination for years. However, we do have a few success stories. Some of the brands of our country have managed to keep up with the expectations of the market through their goodwill, brand loyalty and a vision to be even better. One name that can be easily related to the Bangladeshi men’s fashion industry is Cats Eye. One name that can be easily related to the Bangladeshi men’s fashion industry is Cats Eye. The pioneer of Bangladeshi men’s fashion industry began their journey in 1980. Since then we have seen the emergence of several other fashion houses in this industry but Cats Eye continues to be the trendsetters of men’s fashion in Bangladesh. The growing influence of globalization has assured this highly populated country to be a big market for men’s fashion wear. Cats Eye is the pioneer of the men’s fashion industry since 1980 and steadily established itself to be the strongest player in the fashion industry. It is the parent company of Monsoon Rain and Unlimited. Cats Eye recently received ISO-2000 certification for the quality of its product and design. The company has 17% of the total market share of the men’s fashion industry. Cats Eye’s target market consists of the upper middle class and the upper class. Company Background ...
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...EXECUTIVE SUMMARY: The main purpose of issuing workwear is to ensure the safety of the employee and to give him or her a corporate identity or image. It can be an exceptional advertising tool, and many employers choose to issue workwear to their staff as a marketing strategy. Working clothing is gaining popularity worldwide, and the INDIA market, being one of the fast-evolving markets, is likely to witness a huge opportunity to increase the penetration. It is very well likely to reflect the future of the workwear market throughout the world. This research identifies major trends and challenges within the INDIA workwear market and details market size and segmentation from 2005 to 2015. This workwear and uniforms research is separated into three main market segments. First is “General Workwear,” which is further broken down into blue and white workwear. Blue workwear is made up of clothes worn by trades people and workers in heavy industry and manufacturing. Generally, these clothes include coveralls, shirts, jackets, boiler suits, aprons, warehouse coats or overalls. White workwear is made up of clothes worn by employees in the healthcare and hospitality industries. Medical uniforms and chef’s white uniforms are the examples for this type. The second market segment is the “Corporate Workwear/Imagewear,” which includes career wear and casual workwear. Career wear is made up of workwear used for office-based jobs and customer-facing airline workers. It’s also known as business...
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...Quantitative Case Report Checklist Executive Summary (One page) Six paragraphs Situational Analysis Overview Main SWOT Points related to the Issue Problem Analysis Review of Alternatives and Decision Criteria Recommendation with Rationale Action Plan with Critical Step, Potential Problem and Contingency Plan Present a good snapshot of the report 1.Situation Analysis – Overview (One paragraph) Should provide information about Company (age, location, type of business) Products/services and Primary customers Competitive advantage Current financial situation Current decision to be made Description of current (not past) situation supported by relevant facts from the case Situation Analysis - SWOT (One page with proper format) Assess the capabilities of the company (3-4 relevant points in each) Strengths Weaknesses Opportunities Threats Strengths & Weaknesses – internal factors – owned or controllable by the company Opportunities & Threats – external factors – uncontrollable by company For each point: Statement of the existing factor Explanation of why it is a S W O or T 2.Problem Analysis (One paragraph) Should include “Why is that”? “how significant is it?” Statement of the problem Three causes as to why it happened Significance of the problem Urgency required to solve the problem Work Smart Tip -Make sure you have a clear statement AND a case supported explanation to go along with your...
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...Number | * Executive Summary * Problem Definition * Case Issue * Industry Analysis * Environmental Trends * Macro Factors * Competition and Competitors * Industry Trends * Customer Analysis * SWOT Analysis * Recommendations * Implementation Plan | 2334557881011 | EXECUTIVE SUMMARY: History: The company was started in 1783 in London as the world’s first soft drink maker. In 1880s Schweppes expanded worldwide and in 1960s the company diversified into food products. In 1969 Schweppes merged with Cadbury which was a cocoa making business started in England in the 1830s. Year | Acquisition | 1986 | Canada Dry soft drink brands | 1989 | Certain soft drink brands and purchased Gini brand of Belgium. | 1989 | Crush brand from Procter & Gamble for $220 million. | Cadbury Beverages, Inc., a beverage division of Cadbury Schweppes PLC acquired the Procter & Gamble brands namely Crush, Hires and Sun-drop in the year 1989. They had to re launch those brands into the market because those products were paced out by their competitors. This case especially deals with the Crush brand(an orange drink). Kim Feil who joined the division in 1989 as a Senior Product Manager for managing the re launch of Crush soft drink brand. There had been a lot of discussions regarding the crush brand. After making a thorough industry review, competitors positioning and the image which Crush has on its customers mind the senior marketing executives at Cadbury Beverages...
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...Executive Summary This proposal aims to indicate why the integration of lockers on campus proves to be a wise investment that shall benefit not only the students, but also the university as a whole. By taking this step towards improvement, we can create an environment in which our students can easily access their personal belongings, therefore facilitate the learning process, create a safer environment and decrease theft. Organizational Capacity As Logistics students we clearly understand the importance of having the resources when and where needed, otherwise the production process can't function properly. So is the case with education - education is a process, an ongoing process in which we turn from ''work in progress" to highly skilled, ambitious "finished goods" ready to go onto the labor market. But in order for this process to run smoothly - we require access to our resources - in this case textbooks, notebooks, calculators - and need all these resources to be available on time for lectures. By making this investment and giving us our small warehouses (our own private locker), you provide us with the accessibility and motivation needed for us to continue our learning experience and reach the goal that we,as students share - become tomorrow's leaders. This investment will also help the university in getting closer to achieving one of its strategic goals - improving infrastructure, by focusing on a specific objective - "Establish, enhance and improve...
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...APNAKAPDA.com | Business Plan | | | Aditya Aggarwal – 4 Nakul Makharia – 30 Niharika Sharma – 35 Pankul Kohli - 38 | | | | Table of Contents I. Executive Summary 3 Concept 6 II. Survey 8 III. Analysis 12 a) SWOT ANALYSIS 12 b) 7 P’s of Marketing 13 c) 5 Forces 17 IV. Competition Analysis 20 V. Marketing Plan 23 VI. Future plans 31 VII. Financials 32 Profit and Loss A/c 33 Balance Sheet 34 Ratios 35 Break Even Analysis 35 Cash Flow Statement 36 I. Executive Summary Company Genext Pvt. Ltd. We are a newly formed Mumbai based company with 4 promoters who hold equal stake in the company. The 4 promoters namely, Aditya Aggarwal (20), Nakul Makharia (21), Niharika Sharma (20) and Pankul Kohli (20) are graduates from NMIMS’ ASM SOC (BBA). We will be contributing Rs. 1 Lac each towards the equity of the company and will be drawing salaries. We are a youth oriented organization aiming at (what we call our main area of functionality) – Crowdsourcing. We intend to make our audience/customers a part of the process of deciding and forming the product that we will offer to them. It would be by our customers, for our customers. Crowdsourcing is a distributed problem solving model where problems or opportunities are broadcasted to a group whom we call our customers or audience of the community in the form of an open call. They then work on the problems or strategies to capitalize on the opportunities. The...
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...Executive Summary This business plan provides an analysis of a key business opportunity available to high street retailer, River Island. The plan identifies and evaluates the past needs of British fashion consumers, how they have developed and their impact on retailers, there is recognition of the decrease in demand for disposable fashion and investigation into competitor brands and ranges who are responding to the market. The plan discusses the different pricing strategies that River Island can use to differentiate the collection from their existing product offering and to a different consumer base. There is also investigation into the company’s opportunity to penetrate the market and win a share of the British manufactured garment industry. The plan offers consideration of corporate social responsibility, the impact of fashion products on the environment, ethical sourcing and the effect of British manufacture on the UK economy and particularly the individual communities, as well as suggestions of promotional marketing techniques that could be adopted by the brand to evoke excitement within the customer base. Business Plan The Business Opportunity River Island is established as one of the biggest British fashion retailers on the high street and is becoming one of the UK’s key retail exports. There are almost 300 River Island stores across the globe, including Europe, Asia and the Middle East, thus the brand represents a unique and original, British style internationally...
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...Contents 1. Executive Summary...........................................................................................................................4 2. Introduction ........................................................................................................................................4 3. UK Market Analysis............................................................................................................................4 3.1 PESTEL Analysis...........................................................................................................................4 3.2 Target Market ................................................................................................................................7 3.3 Porter’s Five Forces Analysis ........................................................................................................8 4. USP of UK Print design company ...................................................................................................9 5. First Year Cash Flow Forecast for Cloth Printing and Embroidery Company..................................10 Analysis of Cash Flow Forecast ........................................................................................................11 6. Marketing Plan.................................................................................................................................11 6.1 Product.............................................................
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...Anthony Rochester BU105 Anita DeSouza Case application 12/4/15 Miller-Motte College Online Case application Anthony Rochester 12/4/15 Anita DeSouza In a general sense, what kinds of decisions are made in baseball? Would you characterize these decisions as structured or unstructured problems? Explain. What types(s) of decision-making condition would you consider this to be? Explain The most important in-game decision a baseball manager makes is when to relieve a starting pitcher. Today managers rely on various things example is a pitchers count this decides when a starting pitcher needs to be relieved. Baseball is full of decisions. Every single pitch is a decision whether it is a fastball or slow ball. The coach must make a decision on which players play on certain days and whether or not to take a pitcher out of the game. Most decisions in baseball are structured problems, they are easily definable.!n a structured problem, the goal of the decision maker is clear, the problem familiar and information about the problem easily defined and complete. for example, if a slugger keeps hitting the fastball, it's time to make the decision of pitching him a curve ball away from him in the strike zone. Is it appropriate for baseball managers to use only quantitative, objective criteria in evaluating their players? What do you think? Why? In my opinion evaluating...
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