...paperboard manufacturer that produces a board line of paperboard in large reels. 2. What is the nature of the industry in which Forest Hill competes? FHPC competes in a cyclical economic environment, with upswings every three to four years. The current market is mature and declining with a recent trend towards plastic and a more environmentally friendly grade of recycled paperboard. 3. Identify and discuss the strategy used by Forest Hill to compete in a commodity market. The strategy used by Forest Hill to compete is to use a differentiation strategy. They have been offering a full range of both products and services, trying to create a niche based on service and rapid response to customer needs. 4. What are some examples of complexity that drive overhead costs for Forest Hill? Examples of complexity that are driving overhead costs are: * Large variability of output; the demand is greater than the production capacity during a boom and decreases during down times * FHPC produces a huge variety of products that increase costs due to the processing required * Several steps with the machine causing costs to increase * Some costs are related to direct materials, while others depend on the batches 5. How does the current system capture manufacturing costs and assign them to products? (Prove the overhead rate is 105% of material cost.) Avg Reels Per Batch | Material Cost per Reel | Total | 50 | 4800 | 240 000 | 2 | 5200 | 10 400 | 35 | 5600 | 14...
Words: 347 - Pages: 2
...paperboard manufacturer that produces a board line of paperboard in large reels. 2. What is the nature of the industry in which Forest Hill competes? FHPC competes in a cyclical economic environment, with upswings every three to four years. The current market is mature and declining with a recent trend towards plastic and a more environmentally friendly grade of recycled paperboard. 3. Identify and discuss the strategy used by Forest Hill to compete in a commodity market. The strategy used by Forest Hill to compete is to use a differentiation strategy. They have been offering a full range of both products and services, trying to create a niche based on service and rapid response to customer needs. 4. What are some examples of complexity that drive overhead costs for Forest Hill? Examples of complexity that are driving overhead costs are: * Large variability of output; the demand is greater than the production capacity during a boom and decreases during down times * FHPC produces a huge variety of products that increase costs due to the processing required * Several steps with the machine causing costs to increase * Some costs are related to direct materials, while others depend on the batches 5. How does the current system capture manufacturing costs and assign them to products? (Prove the overhead rate is 105% of material cost.) Avg Reels Per Batch | Material Cost per Reel | Total | 50 | 4800 | 240 000 | 2 | 5200 | 10 400 | 35 | 5600...
Words: 340 - Pages: 2
...information obtained on the U.S. industry size, Forest Hill can be classified as a “small paperboard manufacturer that produces a broad line of paperboard in large reels.” 3. Nature of the Industry Forest Hill competes in an industry that is being stagnated by the rise in electronic communications (e.g. email) and imports. According to the case, Forest Hill operates in a cyclical environment due to customer buying habits. An advantage for Forest Hill is that there are high barriers to entry within this market due to equipment costs and governmental regulation. 4. Forest Hill Strategy According to the case, “ as a small company competing against a commodity market, management believes Forest Hill must offer a full range of both products and services. Thus, Forest Hill’s strategy is to create a niche based on service and rapid response to customer needs. (Not much innovation in the product, but top tier service, which can be quantified by value estimators.) 5. Complexities Some examples of the complexities that drive overhead costs are as follows: production process (debarking, dissenting, and washing of the pulp), material costs of thicker products, and the increase of overhead costs due to product changes. 6. 105% of the material cost Product Grade Average Material Total Cost Reels per Cost per Batch Reel A 50 4800 240000 B 2 5200 10400 C 35 5600 196000 D 175 7400 1295000...
Words: 639 - Pages: 3
...3. PENN LW Squall Fishing Reel Are you into big game fishing? Penn LW is designed with features that make it perfect for trolling in saltwaters. It will deliver the much-needed power to your saltwater fishing experience. Features This reel has a gear ratio 4.9:1. The body is built from graphite construction. This makes the trolling reel lightweight and durable. The graphite frame and side plates are corrosion resistant making it ideal for saltwater fishing. The gear is stainless and therefore durable. It has an instant anti-reverse bearing system. The drag system is made with HT-100 carbon fiber. It has two stainless steel ball bearings and the spool is constructed from aluminum. Operation The reel is light and powerful. Operating it for...
Words: 1196 - Pages: 5
...Shimano Symtere 2500 Review If you’re looking to buy a new set of fishing reel, do your research first. Get to know the different types of reels including a spinning, spincasting, and a baitcasting reel. Understand the factors you need to consider when buying a fishing reel. In this article, we’ll share with you some features you need to look for in a fishing reel. At the same time, we’ll give you an overview on the Shimano Symetre 2500 including its pros and cons. The Symetre 1500 is a light-duty spinning reel with an open face design that allows you to extend a good casting on any given condition. Let’s take a closer look at the Shimano Symetre 2500 review later on. What to Look for in a Fishing Reel In any fishing expedition, a successful catch can be attributed to the type of fishing reel, rod, and line used. It also depends on the type of species you are trying to lure that will help determine the right type of fishing reel you need to use. This is why it is important for you to identify the factors before buying a fishing reel. 1....
Words: 860 - Pages: 4
...has constructed for them. In “Smoke Signals”,a screenplay by Sherman Alexie, and later a film by Chris Eyre, two youths, Victor and Thomas, must journey to Phoenix Arizona to retrieve the ashes of Arnold, the father of Victor who left him and his mother years earlier. The journey of these two young men is, in a way, a metaphor for the identity search. Though “Smoke Signals” is a road movie, as claimed by Roger Ebert, an experienced film critic, the central theme of the film is the identity loss of Native American people. A documentary by Neil Diamond, called “Reel Injun”, is all about the identity loss of Native Americans. “Reel Injun” can be used as a lens to uncover the deeper meaning of the film “Smoke Signals.” The monomyth from “The Hero with a thousand faces”, a book by Joseph Campbell, can uncover even more of this film, which would be missed without the monomyth. In the documentary by Neil Diamond, “Reel Injun”, a remark is made that the fantasy of the “stoic warrior, and noble savage”, created by Hollywood, appears to be living on. The influence of Hollywood on the Native American identity has caused many Native Americans to embrace the labels that Hollywood has assigned to them. A scene from the film “Smoke Signals” illustrates this point clearly. In the scene where Victor and Thomas are on the bus to Phoenix, Victor tells Thomas that he should look mean and intimidating, as though he is coming from hunting buffalos. Thomas is a happy, childish type of youth. He...
Words: 1920 - Pages: 8
...Native American and African Stereotypes Many people have learned that stereotypes can give us a false sense of the truth which can lead us to assume things about people that are not true. People create many different kinds of stereotypes and some groups, such as Native Americans and African Americans, suffer more stereotypes than others. People express the harm caused by stereotypes using different forms of communication. In “Sure, You Can Ask Me a Personal Question” the poet demonstrates stereotypes with the questions asked in the poem. Throughout history, Hollywood has made films and formed stereotypes in their portrayal of Native Americans, as we see in the movie “Reel Injun”. Finally, individuals have shared their views on stereotypes, as we see in “The Danger of a...
Words: 808 - Pages: 4