Premium Essay

Problems

In:

Submitted By dansaeed
Words 339
Pages 2
Daniyal

“Berkshire Threaded Fasteneres Company”

Q2. The company should not reduce the price of the 100 series to $2.25 because the cost is $2.45. If they reduce it to $2.25 they will go in net loss.

Q3. Berkshire most profitable line is 100 series, because the cost is lower than the net selling price. Also is the demand is higher meaning, the company sells more 100 series product than any of their other product lines. Thus compared to other 3 series 100 series is there most profitable product line.

Q4. I would advise Mr. Magers to drop their 300 series product and introduce some thing new or some thing that Bosworth has as their most profitable product and try to sell it for lesser price than Bosworth. I would also recommend him to increase the machinery useful life to lower the amortization cost. I would recommend Mr. Magers to try to implement/formulate a LP, in which he should try minimize cost for series 200. The procedures I would recommend hiring cheap labor, minimizing power cost by running the machinery in an efficient manner, try to find a different vendor for their raw materials. I would also recommend to try to find a different vendor for 100 series so they can match prices with Bosworth, because if Bosworth can lower the 100 series price to $2.25, they must be making some kind of profit in order to lower the price and still be successful, which means that Berkshire too hasn’t utilized efficient ways to produce their 100 series product. Maybe formulating a LP module/Spreadsheet to have their cost as variables in determining the objective function of minimizing cost for 100 series. It can depend on the raw material costs, how much power should be utilized per 100 series product, hiring cheap labor, extending the useful life of the product to minimize depreciation cost (set it to 30 instead of 20) and to find a cheap rental price for their

Similar Documents

Free Essay

Problems

...COMMON PROBLEMS ENCOUNTERED BY BS CUSTOMS ADMINISTRATION PROFESSORS IN DEALING WITH CUSTOMS ADMINISTRATION STUDENTS IN PARTIAL FULFILLMENT IN THE SUBJECT OF ENGLISH 103 ARIEL ABELLA JOVET KING A. DIMACULANGAN AILEEN MEDRANO AMIR MISCIANO MARCH 13, 2012 CHAPTER I PROBLEM AND ITS SETTING I. Introduction Education is a continuing process that must if it is to be effective and especially beneficial, seek to develop all God given faculties and talents of the individual to their highest unfolding in order to make him an asset of his country and to the world community of which he is a part. (Dalisay B. Aguila at al.,1993) True to its commitment, Batangas State University has included the four year Bachelor of Science in Customs Administration course to meet the growing needs of the port community in Batangas and nearby provinces. All professions existing whether its agreeable or not noblest purposes for existing. This not excludes Customs. Generally, all professions only aim to serve and nothing else. Every man is striving for success and satisfaction, and in the process, problem may block and hinder the fulfilment of his goal. Whenever a goal oriented is blocked or whenever a need remained unfulfilled or a perplexity unresolved, there is a problem. This problem is inevitable. In every professor and student relationship they are not free from problems. These are some hindrances to feel them satisfy. Professor’s insight about problems...

Words: 3706 - Pages: 15

Free Essay

Problems

...such, one could just look at the order of life. Animals act intuitively in feeding and reproduction; the human anatomy contains a heart that pumps blood throughout the body to sustain life. Or, better yet, what about DNA or RNA? DNA and RNA are absolutely vital to the life of a human, and existence without DNA is impossible. However, atheists and those who deny the existence of design and purpose, cannot explain where DNA/RNA came from. The transcription of DNA to RNA is something that scientists admit cannot be numerically computed because of its complexity.[8] Would the existence, functioning, and transcription of DNA to RNA provide a basis for genuine indisputable design and purpose for McCloskey? If not, then what does? This is the problem with stating the need for genuine indisputable examples of design and purpose because who is the judge or standard of what is indisputable? McCloskey may look at the complexities of DNA to RNA and the order of life as natural progression of evolution. In fact, McCloskey implies that evolution displaces the need for a designer. I, however, disagree. One thing that evolution does is offers an explanation contrary to intelligent design regarding the scientific observations of the natural order of life. While evolution provides the scientific explanation of natural order, it does not explain the creation or ultimate beginning of such natural order. Could not a theist come back in reply to McCloskey and state that a necessary being or God...

Words: 554 - Pages: 3

Premium Essay

Problems

...I identified the problems and issues that I’ve been having at my job and wrote about them in my last essay. I’ve taken the time out to think of various ways to solve the situations without causing any extra drama at my job and I must admit that was very difficult to do. After speaking with some people about the problems and issues I’ve been having at my job and I’ve gotten a large amount of feedback from them. I took my time and have weighed out all the options that I may have and took everything into consideration. With my first problem I identified as it being favoritism to an employee in the department I work in, my supervisor allows a male coworker do whatever he wants and comes in whenever he wants. He can have a horrible excuse or no excuse at all and he wouldn’t get reprimanded about anything. With me and my other female workers we need to have proof of where we went most of the time and everything like that. After careful review I was able to work out all the details of the problem. I broke everything down step by step which wasn’t easy. The plan is to take my boss and request to speak in the conference room with him and write a written statement where I and the other coworkers have signed where we are expressing our feeling on the situation with our male co-worker. I hope that my boss will take our feelings into consideration because the next step would be to go to the vice president or owner of the company and have something done immediately. I’m trying to take the...

Words: 704 - Pages: 3

Premium Essay

Problem Solving

...Problem Solving Step 1: What is the problem? Childrens visitation situation with their father Step 2: What are the alternatives? Take legal action, make a verbal agreement to keep it out of court, try to stay as civil as possible to make it workout for the kids without taking it to court Step 3: What are the advantages and/or disadvantages of each alternative? If I take legal action I will have legal documentation andnot hae to worry about my childrens father acting out. He will have to abide by the courts rules. By not doing so, I will have t continue to worry about my childrens visitation with their father being ruled by him. Making a verbal agreement to keep it out of court could work out for less drama, however, the downside, he could break it when he wanted to. Staying as civil as possible to make the visitation workout for the kids without taking it to court would make it easier on both parties in the long run as well as the children. However, by doing this it would be taking a chance of the visitation being controlled by either party and possiblyl cause issues. Step 4: What is the solution? To get legal advice and weigh the pros and cons more thoroughly Step 5: How well is the solution working? The solution is working slowly. Working with an attorney gets expensive, but also ensures that my children will have constat stability in their lives and without fighting and drama over them. Write a 100- to 150- word reflection about this process. How did...

Words: 407 - Pages: 2

Premium Essay

Problem Solving

...University of Phoenix Material Problem Solving Using the five steps from Ch. 3 of Thinking Critically, create a plan for solving a problem you are currently facing. For the last step, identify how you will determine the effectiveness of your chosen solution. |Step 1: What is the problem? |My husband and I have finally had a baby after trying for over nine | | |years. We struggle with the decision of who will keep our little | | |prince, his family or my family. He has reservations about our son | | |being with my family and I have reservations about him being with his | | |family. | |Step 2: What are the possible solutions for this problem? (List at | 1.I could quit my job and stay at home with our son. | |least 2 or 3, more if needed.) |2. We could split the week and let them have their own specific days | | |to each watch our son. | | |3...

Words: 706 - Pages: 3

Premium Essay

Problem Solving

...University of Phoenix Material Problem Solving Using the five steps from Ch. 5 of Thinking Critically, create a plan for solving a problem you are currently facing. For the last step, identify how you will determine the effectiveness of your chosen solution. |Step 1: What is the problem? |Time management | |Step 2: What are the alternatives? |Delegate responsibilities, use time wisely | |Step 3: What are the advantages and/or disadvantages of each |Adv. – More time to be productive, less tired during the day, | |alternative? |responsibilities are somewhat equal, etc. | | |Disadv. – Resistance from husband and kids. | |Step 4: What is the solution? |Delegate some responsibilities to where everyone feels as if they are | | |contributing to the betterment of the family. | |Step 5: How well is the solution working? |Great! A little resistance initially, but everyone understands they | | |have...

Words: 323 - Pages: 2

Premium Essay

Problem Solving

...I have encountered many problems especially since my promotion. Being that I was a waitress for 4 years and then being promoted as manager. I feel I have encountered more problems now than ever. I believe a lot of my staff has a problem with transition. I have worked around many of my coworkers for so long that I do not believe they see the difference in me as a manager now and a waitress then. I have bonded so much with my fellow coworkers that I believe I am reason for occurring issues we may have. One of the main reasons I accepted the position was for growth. I wanted the company to succeed and make more money than ever. Being that I was once in their place one would think they would understand. As a manager I try be firm and always stand my ground. When I was serving one of my biggest issues with my managers was communication. As a manager I wanted people to know what they are supposed to do and what is expected of them. Real managers are individuals I believe are relentless communicators who speak clearly listen always, and learn from what they see and hear. Part of being an effective communicator is being seen as well as heard. Good communicators also learn to ask questions as a means of finding out what is going on and also demonstrating that they care. As a manager I try to use y previous experience as a waitress to reflect on my position today. Nevertheless I still have the non-believers who doubt my intentions. Even with these problems I still focus on the issues...

Words: 704 - Pages: 3

Premium Essay

Problem Solving

...Problem Solving All of us are involved in some kind of problem solving every day, both in our personal and professional lives. In our families and our work environments we are faced with a multitude of issues that require making decisions made with others. Some of these decisions are small and do not have a long term impact on our lives. Examples of these might be where we will go to dinner tonight, what program we will watch on television, or what movie we will see. Other decisions are significant and require substantial consideration because of the potential impact they will have, both on our lives and our relationships with others. Examples of these might be whether we should sell our house and move, should we send our child to a private school, is it time for a nursing home for an aging parent. Unless we live in total isolation, we are, by necessity, involved with problem solving and negotiating with others at some level as a regular part of our lives. Working with interests is a key concept in collaborative problem solving. An interest is the underlying need or concern that a party is trying to have satisfied. It is the thing that is motivating someone to seek a solution. A statement that describes one possible solution to meet that need or concern is a position. When we go beyond the position to uncover the needs and concerns, we create an opportunity to explore a variety of options or possible solutions that we may not have previously considered. By expanding...

Words: 392 - Pages: 2

Premium Essay

Problem Solving

...GS1145 Bendall Analysis 3.1 Jason’s Problem Solving By: The root of Jason problems is, Jason failed to put forth an effort, to learn the material needed for class, after he had counted his instructor off as lacking the skills it takes to properly teach the class. Once Jason realized his instructors way of teaching the material was not good for him to understand, he should have addressed his instructor, to let his instructor know. He should of approach his instructor in a respectful way and in a timely manner. He could have let the instructor know then that he is having trouble with the assigned material. Jason also should have made sure he used all of the allowed time in lab to complete his lab work. He doesn’t know if attending lab would have helped him gain a better understanding or not, if he didn’t stay the complete lab time assigned. Jason needs to understand that we will come across people and instructors throughout his whole life that he may not understand but that doesn’t mean he don’t have to take the time out to see how he can still learn from that person or situation. Jason’s instructor shouldn’t have waited till close to end of the semester to talk with Jason. If his instructor would have come to him early and told him that she was concerned that he wouldn’t be able to pass due to not turning in labs, they could of came up with a way to help him. They would have been able to come up with the root of why he is having a difficult time completing...

Words: 560 - Pages: 3

Premium Essay

Problem Solving

...Problem-Solving Process part 1 Buddy Kemp HUM/111 April 27, 2014 Deborah Arnold M.Ed. Problem-Solving Process part 1 A problem is defined as a situation that is unacceptable. An issue is when two people disagree. The difference is that a problem can be solved easily by coming up with a solution that will fix the problem or make it better. An issue would be resolved when the two people who are disagreeing decide to agree on the view that makes more sense. For example, if I had a problem with my sewage not going down properly. I would seek help to tell me what the problem is. If I were told, the problem is because of tree roots getting into the pipes and keeping the water from being able to get through, the solution would be simple. The solution would be to get a plumber to come in and get all of the roots out of the pipes. This problem would then be resolved. An issue on the other hand, could be two people who disagree about Obama care. A solution to this would be much more complicated. In order to resolve this issue, people who are in disagreement, would need to decide which view is more reasonable. A problem that we are experiencing at the moment is with my son. My son, who is 14, stays out all hours of the night, takes off when he feels like it, and he is using drugs. When he is faced with consequences of his actions, he feels that he has done nothing wrong and should be able to do what he wants when he wants. One of the bigger problems with...

Words: 432 - Pages: 2

Premium Essay

Problem Findings and Problem Solving

...PROBLEM FINDING AND PROBLEM SOLVING “The most important part of any business or invention is that it must solve a real need and a real problem. Observe the world around you – everything you do, and especially everything you don’t like to do – solve a real problem and the world is yours.” - Aaron Patzer, Founder, Mint.com There is a whole problem process, which involves finding the problem, shaping it and then solving it. Problem finding means discovering something that troubles you and your society at large. It requires intellectual vision and insight into what is missing. Problem shaping, is then breaking it into parts, analyzing the problem and looking at it from different perspectives. Once all that is done, you are left with the simple process of solving the issue to the best of your ability. So, how do we get started? NAILING A PROBLEM “The problem is we don’t understand the problem” ~ Paul MacCready. You need a solid idea for a business and it doesn’t have to be cool, it just needs to provide a solution to a common problem. In my experience, problems in need of solutions have always been preceded with statements like “there needs to be a way to …” and “I wish there was a way to …”, however, that’s only the tip of the iceberg. There are a lot of problems to be solved, the key is to find them before someone else can. 1. Start with Why Almost everyone has seen Simon’s Ted Talk. Most people like it, impart it, and the go back to building products that have...

Words: 1133 - Pages: 5

Premium Essay

Problem Intervention Process Model

...The resident did not follow everything that is presented in the problem intervention process model, but he did manage to follow some of the steps correctly. At the beginning of the interview, the resident did identify key issues that were troubling Corey. Corey initially stated that he had trouble sleeping at night. This led the resident to investigate and he found out that Corey’s best friend recently died. However, the resident did not established good rapport with the client during this stage. During the gathering data stage, the resident did a fairly poor job. He probed more about the incident leading to his friend’s death and the aftermath of it. However, he failed to ask important questions such as age, dosage of medication, or suicidal...

Words: 1446 - Pages: 6

Premium Essay

Problem Solving

...University of Phoenix | Solving a Problem | Wedding Day Disaster | | Rachel Bronson | 12/10/2012 | | Step One: Finding a Problem Challenges are something that doesn’t always have to be found, since occasionally they will happen in the shape of an obvious issue or problem. In other examples, they won't always present in this way, they may offer as a chance to improve a present situation. It's a good habit to be prepared for as well as continuously searching for a problem to fix. Step Two: Stating the Problem Find the best method to express the issue or problem. While doing so, think about using as many solutions as is possible since every solution will open up different doors as well as offer different suggestions. Selecting the right solution is the most difficult part of this process, and it may be better to wait to determine which solution to use until later in the creative process when we have got more facts as well as suggestions available. Step Three: Research the Problem Analyze and get any kind of connected information to deal with the issue or problem at hand. Appropriate investigative ways incorporate thinking about experiences, getting any related information through recently experience, getting interviews of people educated on the subject matter, or old-fashioned study. Getting any information to help come up with a solution will only benefit you in the long run. Step Four: Come up with a Solution Discuss and gather as many solutions...

Words: 1241 - Pages: 5

Free Essay

Arising Problems

...Arising Problems 1/29/2014 Going into my personal life. The problem I am having is ending an unhappy relationship. I do not discriminate when it comes to dating a guy. He can be purple with eight toes on one foot. I will openly give everyone a chance if I am emotionally attached to that person. I feel that attraction is emotional regardless of what is physically, mentally, emotionally etc. wrong with the person. Everyone deserves a chance. The difference in deciding in what is the problem and what is the issue is time. An issue does not take as long a time to have a solution to as the problem. The issue was deciding if I was going to let that relationship go and I did. The problem lies in deciding whether to stay in contact or just cut all ends and burn all bridges. I know the phrase, “Never burn your bridges, you never know when you will have to cross them again.” is true in so many ways. I chose that to be the problem because it is just not that simple to cut off all ties with someone you truly care about. “Expressing Issues” and “Expressing Problems” sections of Ch. 7 of The Art of Thinking” states on pg. 126 that the most effective way to express a problem is to ask the question “How can”. If you can begin a question with how can and have an answer to it at the end then you are on the way to solving your problem effectively. Page 127 says to ask the questions “Does?”, “Should?” and “Is?” There are other ways that can be answered effectively to get the answers...

Words: 422 - Pages: 2

Premium Essay

The Problem of the Evil

...The most weighty of the arguments against God’s existence is the problem of evil. Of all the atheistic arguments, this is the one that has been around for longest, that has had the most words written about it, and that draws the most diverse responses from Christians. In brief, the problem is this: The traditional conception of God is as omniscient (all-knowing), omnipotent (all-powerful), and benevolent. This implies that if God exists then he knows how to, wants to, and is able to prevent all suffering. If such a God existed, though, then he actually would prevent all suffering. Suffering, though, is a familiar part of the world around us; it has not been prevented. There is, therefore, no omniscient, omnipotent, and benevolent God. There are many different responses to the problem of evil. None of them is entirely satisfactory alone, but together they do cast doubt on whether the existence of evil disproves the claim that God exists. The first response to the problem of evil is the free-will defense. Much of the evil in the world occurs only because we choose to create it. The greatest evils in the world are those inflicted by man upon man. In making the world, God faced a choice: he could create free agents like us, or he could create automata, robots, without the ability to make choices of their own. God chose to create free agents, and he made the right choice; a world containing free agents is clearly more valuable than a world of robots. The pay-off...

Words: 1126 - Pages: 5