...Week 3 Individual Assignment 1: Mile High Cycles Case Analysis Questions 1, 2, & 3 ACCT 6273, Section 7 Identifying Strategic Implications in Accounting Data MILE HIGH CYCLES CASE ANALYSIS * (Exhibit 3 Below) * (Exhibit 4 Below) * The variances are due to the Mile High Cycle company not forecasting for increased production. The company budgeted for the production of 10,000 cycles but the actual production was 10,800 units. When the company increased production, the production efficiency decreased. The company had to use or rework parts that added extra cost to the expenses; the reworked parts added $25,000 of extra expenses to the wheel assembly production and $45,000 to the final assembly process. The material, labor cost, labor efficiency, and labor rate variances all increased and created unfavorable expenses. The company's overhead cost, which included an assumed other cost section, that was 2/3 variable and 1/3 fixed also increased with the increased production. Mile High's final assembly process has the highest expenses and variance. I think that the company had to utilize different parts suppliers due to short notice of increased production, and when they utilized a different supplier the accuracy of the parts decreased. The purchasing managers could have also been lazying in doing their job, and not negotiated for lower supply prices. Mile High's labor expenses may have increased due to overtime and having to hire new employees. The variable portion...
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...Going into 2004, Bob Moyer planned to produce 10,000 bicycles at Mile High Cycles. Construction of his bicycles includes the utilization of three departments, frames, wheel assembly, and final assembly. During this year, Mile High Cycles ended up actually producing 10,800 bicycles to meet higher than expected demand. Bob is curious as to whether or not he was successful in maintaining costs to meet these higher levels of demand. 1. Bob Moyer provided us with his 2004 production budget and production costs. The production budget can be viewed as his master/static budget based on his predicted production of 10,000 bicycles. The production costs he provided us with represent the actual budget based on the 10,800 bicycles produced (Exhibit A). The only difference between our table and the tables Bob provided us with is that we have broken down the other costs into other fixed costs and other variable costs based on the information given that 2/3 of these other costs were variable in nature. In order to determine the variances, the actual budget, provided by Bob Moyer, had to be compared to a flexible budget. The flexible budget is prepared using the actual quantity of bicycles sold, 10,800, and standard prices. The standard prices provided in the production budget were based on different units, including pounds, gallons, and hours, and thus need to be converted to the standard price per bicycle. To get these values, the planned quantity of each aspect of the bicycle, such as steel...
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...and Change: Options The Colorado Phantom Canyon Preserve is a beautiful preserve located in North-Central Colorado in the Laramie foothills about 30 miles Northwest of Fort Collins. The Phantom Canyon Preserve is among the greatest Front Range Landscapes totaling about 1,700 acres including six miles of the North Fork of the Cache La Poudre River. The Phantom Canyon Preserve is one of the last remaining canyons without a road among the Colorado’s Front Range. This preserve is home to hundreds of species of wildlife including species of special concern and hundreds of plant species. The Nature Conservancy protects the Phantom Canyon Preserve since 1987. The main reason this preserve is protected is the ecosystem supports the Larimer Aletes which is a rare member of the parsley family. This particular plant is hard to find and can only be found in Larimer and Boulder counties with its highest concentration in the Phantom Canyon Preserve. Some other native plant species that can be found in this ecosystem are Bells Twin Pod, Needle-and-Thread Grass, and One-sided Penstemon. The Phantom Canyon Preserve serves as a habitat for species of special concern such as the Black Bear, Mountain Lion, and the Bobcat. This preserve is also home to Bald Eagles in the winter, Golden Eagles, Prairie Falcons, and Red Tail Hawks who make the high canyon walls their home. Only six elements out of ninety-two produced in nature are required and critical to sustain the life of organisms. These elements...
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...centers house 400 employees and 100 delivery vehicles. RR’s main goal is to safely goods with both speed and accuracy. Strategic objectives • Provide warehousing services to customers • Improve the percent of loaded miles • Accurate delivery dates and times. • Improve maintenance cycle RR management team can greatly improve the company if the strategic objectives above are met. By providing warehousing services to customer RR will reduce the workload on its drivers while simultaneously adding another facet to the services RR provides and will reduce delivery times. Improving the percent of loaded miles can help RR’s efficiency by reducing the number of trips required to pick up shipments. Providing accurate delivery dates and times will allow RR management to provide customers with smaller time windows for pickup and deliveries and meet the Federal Motor Carrier Safety Administration’s requirement for reporting the number of hours drivers are working a day/week. Lastly, improving the maintenance cycle will not only improve workflow by planning for required down time, but will allow RR to be in compliance with the federal requirement to preform...
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...Abstract Fire whirls and tornadoes are separate atmospheric phenomena that look similar but occur under different conditions. Fire whirls require calm air surrounding a large fire where the rising heat of the fire creates a convection cell which pulls fuel, fire and oxygen into a vertical vortex. Tornadoes often occur on the trailing edge of thunderstorms and are created when warm wet air rises over cool dry air creating a strong low pressure system which sucks air and debris from the ground level up into the storm cloud. These phenomena have different life cycles, and since they have different causes, they are not the same atmospheric phenomena despite their similar appearance. However, a fire tornado is possible when a large enough fire...
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...has started, there are monthly comparison reports which compares budget and actual performance on both a monthly and cumulative basis; 4) Action being taken (where necessary) to correct large variances or differences. Question 2 XYZ Limited is a medium sized manufacturing business which makes and sells products to a range of industrial customers who use XYZ’s products in their own products. The working capital of XYZ is typical of a manufacturing organisation in that at any point in time they have cash, debtors, stocks of raw materials, work in progress and finished goods and creditors. The Managing Director of XYZ Limited believes that all parts of the working capital cycle could be improved and has asked you to produce a report which discusses how each part of the working capital cycle could be improved and which critically evaluates the implications of the improvements on XYZ and others (for example debtors)....
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...The 21st Century Electric Car By Martin Eberhard and Marc Tarpenning Tesla Motors The electric car, once the “zero-emissions” darling of environmentalists, is sometimes maligned as an “emissions-elsewhere” vehicle, since the electricity to charge its batteries must be generated in electrical generation plants that produce emissions. This is a reasonable point, but we must then ask how much pollution an electric car produces per mile – accounting for all emissions, starting from the gas or oil well where the source fuel is extracted, all the way to the final consumption of electricity by the car’s motor. When we work through the numbers, we find that the electric car is significantly more efficient and pollutes less than all alternatives.In this paper, we will investigate the Tesla Roadster™, which uses commodity lithium-ion batteries instead of lead-acid batteries or nickel-metal-hydride batteries as most electric cars have used. Not only does this lithium-ion–based car have extremely high well-to-wheel energy efficiency and extremely low well-to-wheel emissions, it also has astonishing performance and superior convenience.Lithium ion batteries are a lot more difficult to use than previous technologies; this is the reason that they have not so far been used in electric cars. Tesla Motors is spending a lot of effort making a safe, light, and durable lithium ion battery system. Over time, Tesla will probably put tens of millions into pack and cell features and optimization...
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...Introduction: Ford Motor Company is America's one of the largest car manufacturer and seller. In year 1987 it faces an external business environment change in the form of new warranty policy announcement by its major competitors General Motor, which changes the current philosophy of warranty in U.S car market. This policy change may have implications not only on Ford’s sales and market share but also on various departments within organization (such as manufacturing, quality assurance, parts and service, and extended service plans) and their dealer network. In answer, Ford executives have to respond through a best suitable course of action by carefully analyzing the current market variables. Changes in the business environment created both opportunities and threats for Ford’s strategic development. The organization improved its strategic capabilities while witnessed and coped with the forces of comparative market continually result into: • Build the business • Development of strategic capabilities that move the organization forward • Improvement of the ways of organization in which it creates quality products and Increases sales and profit in existing markets with a view to offering its customers better service This case study analysis illustrates how Ford, analyzed its business operations and market performance, moved its business forward by choosing an appropriate strategy for warranties and services. Competitive forces that shaped the Ford’s strategy: Ford was founded...
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...CHAPTER 1 — BASIC RADAR PRINCIPLES AND GENERAL CHARACTERISTICS INTRODUCTION The word radar is an acronym derived from the phrase RAdio Detection And Ranging and applies to electronic equipment designed for detecting and tracking objects (targets) at considerable distances. The basic principle behind radar is simple - extremely short bursts of radio energy (traveling at the speed of light) are transmitted, reflected off a target and then returned as an echo. Radar makes use of a phenomenon we have all observed, that of the ECHO PRINCIPLE. To illustrate this principle, if a ship’s whistle were sounded in the middle of the ocean, the sound waves would dissipate their energy as they traveled outward and at some point would disappear entirely. If, however the whistle sounded near an object such as a cliff some of the radiated sound waves would be reflected back to the ship as an echo. The form of electromagnetic signal radiated by the radar depends upon the type of information needed about the target. Radar, as designed for marine navigation applications, is pulse modulated. Pulse-modulated radar can determine the distance to a target by measuring the time required for an extremely short burst of radio-frequency (r-f) energy to travel to the target and return to its source as a reflected echo. Directional antennas are used for transmitting the pulse and receiving the reflected echo, thereby allowing determination of the direction or bearing of the target echo. Once...
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...Earth, People, and Environment Exam 1 Exam 1 covers Chapters 1-6 in the textbook, all lectures, and homework assignment 1. Chapter 1: Thinking Geographically What does the term Geography literally mean based on its Greek roots? Why are natural hazards a good example of the issues geographers study? What are the tools of GIS, GPS, Google Earth, Google Maps, mashups, and remote sensing used for? What is spatial analysis or geographic thinking? What are these terms geographers use to describe the earth? place, region, scale, space What is cartography? Is it an art or science, both? What are some ways of representing map scale? Why are Map projections needed? Why is there always some map distortion or errors in maps? What kind of map projection is the Mercator projection: cylindrical, conic, azimuthal? What areas of the globe are best portrayed by a conic projection? What are lines of latitude and lines of longitude? Where does the Prime Meridian run through? What is Greenwich Mean Time? Where is the International Date Line? How do we refer to places using latitude and longitude and the geographic grid (e.g., GPS locations?) If a football game begins at 1 pm EST, what time does it begin in Los Angeles? How are site and situation related? What is a vernacular region? Functional region? What are some pros and cons of globalization on culture in different countries? What does globalization refer to? What is culture? Is it dynamic or static? Chapter 2: Weather, Climate, and Climate Change...
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...SUCCESSFULLY ON THE PLANET Mars is the fourth planet from the sun. Its 141,633,260 miles away from the sun. This causes it to be much colder its temperature is 80 F (-60 c) it can vary between minus 1895 F (-125C) when near the poles during the winter and at midday near the equator 70F (20C). It has the highest mountain Olympus Mons at 17 miles high and it has the longest valleys called Valles mariners its 6 miles long. Mars is mostly low flat lands. The atmosphere is 100 times less dense of earth, but thick enough to support weather, it generates winds by pockets of warm air flow in colder regions cause dust storms that blanket the region. The days are 45 minutes longer than earth days. Spring has 193.30 days, winter has 178.64 and autumn has 142.70 days. The mars day is 24 earth hours and 37 minutes. The seasons last 6 earth months so the length of nights and days depend on the latitude. Mars could support hydrosphere atmospheric cycle including rainfalls however, it’s too cold so it comes as frost only. Social impact each person would be required to perform daily duties to help with the starting of vegetating the green houses for food and training to improve and develop other things to make living on mars more productive, with the climate there’s no oxygen or water. Therefore water must be brought each time packages are delivered and special tanks are needed to recycle water and high tech tanks to have oxygen and the sun shines on mars...
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...(in the form of 3-digit numbers). When adding 2 numbers, the LMC will use the ADD instruction which allows the Little Man to go to the specific mailbox address given from the instruction, then grab that number in the mailbox, then go to the calculator to add the mailbox number to the number already stored in the calculator while the number in the mailbox is unchanged. These steps follow the guidelines of the von Neumann architecture in that it stores a number, goes to the specific mailbox address, and adds to the number stored in the calculator with the number in the mailbox being unchanged. 6.7) CHAPTER 7 7.5) The fetch-execute cycle is the basis for every capability of the computer and as already seen from the Little Man Computer, the operation of every instruction is defined by its fetch-execution instruction cycle. Much of the cycle consists of copying data from one register to another and involves using steps: Step 1: PC -> MAR (instruction being transferred from the specified memory location to the memory data register) Step 2: MDR -> IR (transfer instruction to instruction register) (remaining steps are instruction dependent) [LOAD] Step 3: IR[address] -> MAR (only address part of the contents of the...
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...PRODUCT LIFE CYCLE ON STRATEGIC ORIENTATION OF A ENTREPRISE Mohammad N. Shahidi, KIMEP, Almaty, Kazakhstan ABSTRCT The impact of product life cycle (PLC) on strategic orientation (SO) in dynamic environment, which is a subject that has interested strategic management scholars, is the focus of this proposal. The literature reviewed shows that despite the worldwide research on strategic management, there is still not a single definition for such a term. As a result, a wide range of conceptual frameworks exists for the formulation and implementation of strategies. There is no consensus on the factors among the scholars that affect strategic orientation of a enterprise. The consideration is mostly towards market/costumer satisfaction, technology, competition, with the enterprise’s capabilities affecting the most. Some of the scholars emphasize management issues and strategic thinking. Others such as Porter, focus on typology and resource bases. However, few scholars focus on the impact of product life cycle on strategic orientation. The attempt in this paper is to show that not only does the PLC orient strategy of an enterprise faster and straight forward than any other factors, but it also takes all other factors into account. The main question is “how product life cycle affects the strategic orientation of a enterprise”. This study began by defining strategic orientation, product life cycle, and their analysis. The study is focused on how the product life cycle has been...
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...and the capacity to better the nuclear industry for the future we find ourselves wondering how vital it really is to our livelyhood. One could say that the development of nuclear is vital because of global warming threats. Since our combustion of fossil fuels produces carbon in the atmosphere, resulting in rising heat over time. Nuclear provides a form of noncombusting renewable energy that if prudently researched and implemented provides an alternative to polluting engines of the past. This warming fear is a large reason nuclear power is a growing idea. The technology is not simple to do, the production is a very meticulous process, wielding great power for good and great danger. The process requires strong regulation. With such a high risk, high reward scenario, we as humanity's hope for a better tomorrow must weigh the pros and cons to find if we are able to prudently expand and increase research towards safety and efficiency. Producing nuclear energy is not as simple as taking it from radioactive material as portrayed in media. The power is derived from one of the two nuclear processes, called nuclear fission. For this process a slow moving neutron is absorbed by the nucleus of a uranium-235 atom, which then splits into lighter elements(products of fission) and free neutrons that shoot away quickly. This results in massive amounts of gamma ray and kinetic energy. Power...
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...Continental Airlines Flies High with its Real-Time Data Warehouse John Paul Barber Schreiner University MKTG 4324, Business Intelligence Dr. Mark D. Woodhull February 16, 2015 Continental Airlines is the fifth-largest carrier in the United States as well as the eleventh largest carrier company in the world. The airline company provides service to 84 domestic and 53 international locations resulting in over 2000 daily flights. This high level of demand creates a large obligation for data and information to be properly stored and organized. Continental Airlines uses business intelligence and data warehousing to help collect their information and develop a system to accelerate decisions and construct flight schedules. Continental Airlines was founded in 1934 with a single-engine aircraft located in the southwestern United States. The company was doing well until 1994; Continental was in dire financial decline. The company had already filed for bankruptcy twice and was on the fast approach to file for the third and maybe final time. The sales of tickets began to fall due to the lack of focus on consumer concerns such as on-time percentages, baggage arrival problems, and constant overbooking. When Gordon Bethune became CEO of Continental in 1994, he initiated this plan. Continental Airlines uses a system called Go Forward that consists of several interrelated, concurrent actions Bethune selected to target the need for improvement in customer needs as well as...
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