...manual solution textbooks https://thetopgrades.com/wp-content/.../InstructorResourceManual.pdf The case was prepared by Mark S. Beasley, Ph.D. and Frank A. Buckless, Ph.D. of North Carolina State University and .... Case 1.1: Ocean Manufacturing, Inc. Ocean Manufacutring Inc The New Client Acceptance ... www.studymode.com/.../ocean-manufacutring-inc-the-new-client-accept... Ocean Manufacturing, Inc.: the New Client Acceptance Decision: Case 1.1 Ocean ... Problem Solution: Harrison-Keyes Inc. Ayodeji Ajayi University of Phoenix ... Ocean Manufacturing, Inc.: The New Client Acceptance ... www.freecasestudysolutions.com/case-study-Ocean-Manufacturing-Inc-... Case 1.1 Ocean Manufacturing, Inc.: The New Client Acceptance Decision Ocean Manufacturing, Inc. is recommended as a ... ORDER NEW SOLUTIONS ... Solution Manual for Auditing Cases An Interactive Learning ... testbanksfor.com › All test banks and solution manuals Download Solution Manual for Auditing Cases An Interactive Learning Approach 5th Edition by Beasely. Solution Of Ocean Manufacturing Inc Free Essays 1 - 30 www.papercamp.com/group/solution-of-ocean-manufacturing.../page-0 Free Essays on Solution Of Ocean Manufacturing Inc for students. ... ACCT 805AE Case 4 Ocean Manufacturing, Inc The Osprey Group Feb 21, ... Auditing: r c aSe S t h at diSc uSS topicS rel ated to thiS Section 1.1 Ocean Manufacturing, Inc. . Case 1 1 Ocean Manufacturing Inc Free Essays 1 - 30 www.papercamp.com/group/case-1-1-ocean-manufacturing-inc/page-0 ...
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...Ocean Manufacturing Case Solutions Acct 4080 Ocean Manufacturing Case 1. 1) Obtain and review financial information about the prospective client: annual reports, interim statements, registrations statements, Form 10-k’s, and reports to regulatory agencies. 2) Detailed criminal background checks of senior managers. 3) Evaluate the public accounting firm’s independence with regard to prospective clients. 4) Inquire of the prospective clients’ bankers, legal counsel, underwriters, analysts, or other persons who do business with the entity for information about the entity and its management. 5) Consider the need for individuals possessing special skills or knowledge to complete the audit (e.g., IT auditor, valuations specialist, industry specialist) 2. Overall, after calculating a few of Ocean Manufacturing ratios and comparing them with the industry, the company’s figures are not performing up to others in the industry. ROE = NI/Stockholder Equity (2011,2010)= 8.9% and 7.1% ROA = NI/Assets= 4.5% . 3.8% Both return on equity and assets are lower than industry ratios but are improving. Accounts Rec Turnover—could not calculate without % of credit sales from cash sales. Profit Margin = Operating income/ Sales(rev) = 5.5%, 6.0% PM are also low compared to the industry average. 3. There are a few non-financial items the company should consider. a) The VP of finance was charged with a misdemeanor related to illegal gambling. Raises...
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...s e c TIo n client acceptance C a s es inC lu de d in t his se Ction 1 3 1.1 Ocean Manufacturing, Inc. . . . . . . . . . . . . . . . . . . . . . . The New Client Acceptance Decision InsTrucTor resource Manual — Do noT copy or reDIsTrIbuTe InsTrucTor resource Manual — Do noT copy or reDIsTrIbuTe ocean Manufacturing, Inc. The new client acceptance Decision ins tr uC t ional o b je C t ive s [1] To c a s e 1.1 Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt help students understand the process of considering a new prospective audit client and the factors that auditors commonly consider in making the acceptance decision. [2] To give students experience in computing and interpreting preliminary analytical procedures commonly used in obtaining an understanding of a prospective client during the client acceptance decision process. [3] To raise issues relating to auditor independence in the context of client acceptance, both in terms of financial interests and the provision of non-audit services. To illustrate the subjective and sometimes difficult nature of the judgments involved in the client acceptance decision, and to give students the opportunity to justify a recommendation on client acceptance in the presence of both significant positive and negative factors. [5] To help students understand how information gathered in the client acceptance process can help the auditor in planning the audit if the client...
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...Kitts | Integrated Logistics Case Study 1 | March 2, 2014 Case Study 1 – Buttons Limited Canadian Distribution System Contents Executive Summary 1 Introduction 4 Initial Stocking of Stores 6 Figure 1 - Average Transit Time by Ocean Container from Manufacturing Plants to Canadian Stores 8 Figure 2 – Initial Stocking of Stores via 40 FT Ocean Containers to DC’s. 9 Full Distribution System Buttons Canada 10 Figure 3 - Average Transit Time by Consolidated Air from Manufacturing Plants to Canadian Stores 11 Figure 4 – Full Canadian Distribution Flow Chart: Consolidated Air into DC’s Replenishment of Stock 12 Canadian 3PL 13 Incoterm 15 Modal Selection 17 Distribution Centre (DC) 18 Distribution 19 Communications Internal 20 Communications to 3PL 22 Customs 23 Conclusion 24 Executive Summary Buttons Limited, is a global clothing retailer, and has targeted Canada as a new market for expansion of their lines of affordable, but stylish clothing, by opening up eight new stores in the country. Two stores will be situated in Vancouver British Columbia, three in Toronto Ontario, and three in Montreal Quebec. A very simple and straight forward distribution solution is recommended. One that will use the same flow chart process for both ocean carriage, for the initial startup and stocking phase of the program (see Figure 2, page 9), and the air consolidation replenishment of stock phase (see Figure 4, page 12). This system will be providing savings with ocean carriage for the...
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...Third-Party Logistics Systems: A Case Analysis Using the Blue Ocean Strategy Changsu Kim Yeongnam University, Korea, c.kim@yumail.ac.kr Kyung Hoon Yang University of Wisconsin-La Crosse, kyang@uwlax.edu Jaekyung Kim University of Nebraska - Lincoln, jkim6@unl.edu Follow this and additional works at: http://digitalcommons.unl.edu/managementfacpub Part of the Management Sciences and Quantitative Methods Commons Kim, Changsu; Hoon Yang, Kyung; and Kim, Jaekyung, "A Strategy for Third-Party Logistics Systems: A Case Analysis Using the Blue Ocean Strategy" (2008). Management Department Faculty Publications. Paper 4. http://digitalcommons.unl.edu/managementfacpub/4 This Article is brought to you for free and open access by the Management Department at DigitalCommons@University of Nebraska - Lincoln. It has been accepted for inclusion in Management Department Faculty Publications by an authorized administrator of DigitalCommons@University of Nebraska - Lincoln. Published in Omega 36:4 (August 2008), pp. 522–534; Special Issue on Logistics: New Perspectives and Challenges; doi 10.1016/j.omega.2006.11.011 Guest Editors — Angappa Gunasekaran and T.C. Edwin Cheng. Copyright © 2007 Elsevier Ltd. Used by permission. http://www.sciencedirect.com/science/journal/03050483 Submitted May 31, 2006; accepted November 11, 2006; published online May 24, 2007. A Strategy for Third-Party Logistics Systems: A Case Analysis Using the Blue Ocean Strategy Changsu Kim,a Kyung Hoon...
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...UPS Supply Chain Solutions SM case study Nikon Focuses on Supply Chain Innovation — and Makes New Product Distribution a Snap Top consumer goods manufacturers now recognize that success requires more than just making market-leading products. Having the right distribution network is just as critical. Nikon Inc. is the world’s leader in precision optics, 35mm and digital imaging technology. So it’s no surprise that when the company saw the next big trend in photographic technology — digital cameras — they were ready to deliver with some of the most advanced product designs in the marketplace. But to ensure that retailers could meet the demand of tech-hungry consumers and professional photographers, Nikon, with the help of UPS Supply Chain Solutions, reengineered its distribution network to keep them well supplied. Nikon R E S U LT S GEOGRAPHIC AREA SERVED CHALLENGE SOLUTION United States, Latin America and the Caribbean Consumer Goods Design and implement new distribution strategy to introduce Nikon product line. Client Challenge To support the launch of its new digital cameras, Nikon knew that customer service capabilities needed to be completely up to speed from the start and that distributors and retailers would require up-to-the-minute information about product availability. While the company had previously handled new product distribution in-house, this time Nikon realized that burdening its existing infrastructure with a new, demanding, high-profile...
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...Whereas, smaller animals that can reproduce younger and quicker seem to be the ones that have adapted. Overfishing has become a problem with no end in sight. This is because there are countries that do not care about sustainability. They appear to be more motivated by greed. Jellyfish is an animal that appears to flourish no matter what the situation and now with their predators on the decline they will flourish even more. On the other hand, stressors have been mentioned a few times, so far. Marine life would probably adapt if confronted with only one stressor. However, this is not the case. It usually is two or three stressors at a time. This is a devastating blow. One species disappearance can affect other species. For example, if one species predator disappears that species below it on the food chain will flourish. Consequently, the flourishing species food source will begin to...
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...double-digit revenue gain. Even more impressively, the hike in sales was accompanied by a 21% increase in profit. All told, Dell expects to reach $40 billion for the year, a substantial improvement on the $32 billion in sales it had last year. The secret to Dell’s success is really no secret at all — the company has said all along that its direct model works because of a single-minded adherence to supply chain excellence. The company manufactures more than 50,000 computers every day, but carries only three to four days’ worth of inventory, when many of its competitors carry between 20-30 days of inventory. However, Dell isn’t exactly sitting on its laurels. “We’re on the tip of the iceberg,” says Dick Hunter, vice president, Americas Manufacturing Operation. “Most people think that Dell has reached the ultimate goal in supply chain management — an inventory of three days. We disagree; every day we work to bring that number down. Our current goal is to get down to two days. Long term, I think we can get even lower.” The key to that will be transition management. “We sell what we have and we don’t sell what we don’t have,” explains Hunter. “We don’t tolerate excess inventory. We do whatever it takes to move inventory, even if it means creating demand. Working through our direct model and having such tight control of the supply chain allows us this significant competitive advantage. The company keeps what it calls a supplier report card on every supplier, and tracks each supplier’s...
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... Dell, Direct model, PC Manufacturing, SCM, Supply Chain Case Study Abstract The focus of this case study is the supply chain management practices of Dell. Dell has been following its unique ‘direct build-to-order’ sales model for more than 20 years. Customers can plan their own configuration and place orders directly with the company via the phone or its Web site. Over the years, Dell’s supply chain efficiencies and direct sales gave it a competitive advantage. Can Dell regain its market leader position from HP? In 2006 however, Dell faced several problems. Many customers complained about long delays in supplies. Recall of Sony battery cells in its laptops brought undesirable media hype to the company. Increasing discontent of customers led to a slowdown in sales. Consequently, Dell lost its market leadership to Hewlett-Packard Co. (HP). Industry analysts felt that, with Dell’s competitors also improving their supply chains and matching Dell’s direct model, the company had been losing its competitive edge. Dell will have to bear additional costs with its foray into retail distribution thereby minimizing its cost advantage. Besides, profit margins of Dell will drop further since it will have to offer incentives to compete with HP in retail stores. Though Dell spruced up its product design and range but Apple is clearly far ahead of it. Many experts feel that such new initiatives will only distract Dell from its supply chain operations. This case study covers the following...
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...California Water Security Much of the American West is experiencing historical water shortages; however, California, the most populous state with 38 million people, has been hit the hardest. California is the world’s sixth largest economy, despite only being a state. Historically, California has had an abundant amount of water. When pipes and damns and reservoirs were built up, rural regions of California were given huge quotas for water, furthermore the price of water was incredibly cheap. There was no stress on the need for water – modern California is not like that. For the past four years, California has been suffering from the worst drought in its history. Due to this, many efforts have been put in place in order to improve the state’s water security. Much of California is arid, it only receives 250-500mm of water a year; just above desert climate. Around 65 % of that precipitation is lost through evaporation and transpiration, 13 % flows out into the sea - leaving only 22 % left for human consumption. Furthermore, California's natural supply of water levels is seasonal, leading to shortages in between seasons that do not have a lot of rainfall. North California is in water surplus, over 75% of water falls there but around 75% of California's population live in the south – where there is a water deficit, leading to an immense amount of pressure to the population and how much water they are able to get. Agriculture and water usage Currently, 43 % of California’s...
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...Company X is a global producer of equipment for the food manufacturing industry and has production facilities spread all over the world but concentrated in northern Europe and the United States. Currently Company X has organized its production facilities so that each one is specialized in a type of equipment and that facility produces equipment to ship all over the globe as orders are received. The spare parts for the equipment are stored at either these production facilities or at a central warehouse located in Aarhus, Denmark. There are sales and service units (SSU’s) in approximately 30 countries that are responsible for customers on a local level. Each of these companies keeps a stock of spare parts, out of necessity, but they are encouraged to keep stock levels as low as possible. All spare parts and equipment are ordered either directly from the production facility or from the central warehouse. The central warehousing of parts and equipment allows Company X to keep stock levels low and reduce working capital, thus reducing interest costs. This does, however create a need to ship these parts all over the world, often by airfreight, resulting in transport causing greater emissions than if the companies were allowed to source parts locally or keep more parts on hand and rely on ocean freight. The current distribution method, although beneficial to Company X in terms of working capital reduction and ease of manufacturing scheduling, results in high greenhouse gas emissions...
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...Coral reefs occupy only 0.2% of the ocean floor, yet they are the most biologically diverse marine ecosystems known today, and support over 25% of all marine organisms (Yip). Due to the massive amount of marine species that populate coral reef habitats, maintaining healthy reefs is crucial for the continuation of marine biodiversity. In past years, the increase of mortality rates in coral has been caused by a number of factors, including wide-spread stress and disease. In the Indo-Pacific, coral reefs have been declining at a rate of approximately 2% per year for the last 20 years (Yip). Coral reef fish biodiversity is crucial for the sustainability of the coral reef ecosystem, as well as for the ability of the coral reefs to provide services...
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...Market Analysis & Business Case PORTFOLIO ANALYSIS AND RATIONALIZATION Table of Contents COMPANY BACKGROUND AND ISSUES COMPANY HISTORY DECISION STATEMENT PORTFOLIO RATIONALIZATION 2 6 7 SOLUTIONS MARKET STRATEGY ALTERNATIVES CRITERIA FOR SELECTION & ANALYSIS RECOMMENDATION LIBERATOR & SEXUAL WELLNESS IMPLEMENTATION ISSUES 12 16 20 21 24 BIBLIOGRAPHY 25 APPENDICES EXHIBIT 1: Liberator, Inc., Revenue Details EXHIBIT 2: LOGOS 26 27 1 HISTORY A gentleman is sitting in the waiting area of a hair salon reading a magazine while his wife gets her hair cut. The article he’s reading is about using pillows to increase satisfaction during love-making, and he thinks to himself, “Yes, but ordinary pillows go flat, and move around too much. What if there was a cushion that kept its shape and stayed in place?” Thus, the seed of an idea was planted, and after some research and a lot of testing, the Liberator Sexual Positioning cushions were developed. Men and women rejoiced all around the world, and the gentleman became their hero. Or, so the story goes….. The story is mostly true, and that gentleman was Louis Friedman, founder and CEO of the company now known as Liberator, Inc., a vertically integrated manufacturer that designs, develops, manufactures, markets, distributes and retails products to enhance intimacy. Mr. Friedman founded the company under the name OneUp Innovations in 2000; his wife joined the company as Secretary and Treasurer, and a business partner...
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...Case: Dell Inc.: Improving the Flexibility of the Desktop PC Supply Chain It was June 2005, seemingly a good time for Dell Inc. Since the dot-com bubble burst in 2001, the price of the company’s stock had roughly doubled. Both the company’s revenue and net income were reaching new heights. In spite of the confidence and optimism, however, Dell’s desktop PC manufacturing division found that its manufacturing costs had continued to surge. Tom Wilson, one of the division’s directors, revealed: “The recent increase in Level 5 manufacturing is alarming to us at Dell. From Dell’s perspective, this adds cost to our overall manufacturing process. We are not able to take as much advantage as we should of the lower cost structure of our contract manufacturers. Instead, we have to rely more heavily on the 3rd-party integrators (3PIs). Not only do we get lower-quality products because we currently don’t require 3PIs to perform integration unit testing, we also have difficulty forecasting for the 3PIs how much manufacturing capacity they should have available to support Dell’s demand.” History of the PC Industry In the 1960s, the first so-called personal computers (PCs)—non-mainframe computers—such as the LINC and the PDP-8 became available. They were expensive (around $50,000) and bulky (many were about the size of a refrigerator). However, they were called “personal computers” because they were small and cheap enough for individual laboratories and research projects. These computers also...
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...For this purpose I have selected the marketing plan prepared by Expeditors Lanka (Pvt) Ltd for launching of warehousing facility in Sri Lanka. The company is a fully owned subsidiary of Expeditors International of Washington Incorporation a publicly traded company in Washington Stock Exchange. Bothe these companies carrying on the business of global logistics solutions provider, helping their customers to improve their supply chain management. The holding company was incorporated in 1979, with only 5 branches worldwide. After having operated for 28 years, today the company has become an industry legend, with 226-branch network, strategically placed at major points covering all five continents in the globe, and employing over 10,000 professionals. This has been the competitive advantage Expeditors enjoy over most of its competitors in the global market place. The local company was incorporated in 1996, as one of the branches in their global network, which too has a similar growth in the local logistics market. The major services available to satisfy the logistics needs of customers include Air and Ocean imports and exports, Cargo Consolidation, Warehousing, Distribution and Customs Brokering. However, the logistics services such as Cargo Consolidation, Warehousing and Distribution are still not popular...
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