Recommendations 7.0 Conclusions Appendices Appendix 1 Appendix 2 Appendix 3 Appendix 4 Appendix 5 Appendix 6 Appendix 7 SWOT analysis PEST analysis Selection of new outsourced manufacturer for products YY and ZZ VP “own brand” proposal Inventory valuation Calculations for outsourced manufacturers P and Q for licensed action figures Email on the key criteria for the selection of outsourced manufacturers 1.0 Introduction Jot is a small unlisted company which designs and outsources
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Operation Management Operation Management Assignment 1 [Document subtitle] Assignment 1 [Document subtitle] Toh Yin Sheng CT0196844/14208417 FT UCD BBS 22 C Dr Dan Maher & Dr Mogan Swamy Toh Yin Sheng CT0196844/14208417 FT UCD BBS 22 C Dr Dan Maher & Dr Mogan Swamy Assignment 1 Assignment 1 Content Company Introduction 2 Operation Management Results Competitive Advantages 3-4 Conclusion 4 References 5 Company Introduction
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GRENNELL FARM Income Statements For the Year Ended December 31, 2009 Method: Sales Collection Production Sales $ 522,000 $ 462,400 $ 614,100 Less: Cost of goods sold Beginning inventory $ - $ - $ - Production $ 107,730 $ 107,730 $ 107,730 Less: Ending inventory $ 15,390 $ 25,650 $ - Cost of goods sold $ 92,340 $ 82,080 $ 107,730 Gross margin $ 429,660 $ 380,320 $ 506,370 Less: Other expenses $ 183,000 $ 183,000 $ 183,000 Net Income $ 246,660 $ 197,320 $ 323
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JCT2 Supply Chain Task 1 B 1. Evaluating my use of budgets and pro-forma statements to plan for production capacity In Ralph Estes's Dictionary of Accounting, a pro forma financial statement is defined as "a financial statement prepared on the basis of some assumed events and transactions that have not yet occurred." (Estes, 1981) Historical financial statements are used to measure an organization's past financial performance and condition. Without historical financial statements, financial analysis
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JRT2: SUPPLY CHAIN – TASK 1 SIMULATION ANALYSIS TROY A. KRUMWIEDE WESTERN GOVERNORS UNIVERSITY JRT2: SUPPLY CHAIN – TASK 1 SIMULATION ANALYSIS Simulation Analysis PrimeComp is a company introducing a new line of microcomputers throughout the world market. It is PrimeComp’s mission to provide its customers, from around the world, with quality computer systems that meet specific business requirements at the best possible value. During the first quarter of operation, PrimeComp’s management
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625 241,200 524,800 - Cost of Goods Sold 0 1,491,528 4,012,841 8,427,764 = Gross Profit 0 679,877 2,550,989 6,782,161 Expenses Research and Development 120,000 0 60,000 60,000 + Advertising 0 160,000 268,875 320,798 + Sales Force Expense 0 120,186 319,875 546,937 + Sales Office Expense 220,000 330,000 470,000 370,000 + Marketing Research 0 15,000 15,000 15,000 + Shipping 0 36,184 86,397 141,905 + Inventory Holding Costs 0 9,727 13,220 0 +
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report the same cost of goods available for sale, but each employs a different inventory costing method. If the price of goods has increased during the period, then the company using _____. (Points : 5) LIFO will have the highest ending inventory FIFO will have the highest cost of goods sold All three companies will have the same value for ending inventory. average cost will have an ending inventory value that falls between FIFO and LIFO 6. (TCOs A, E) Equipment with a cost of $192,000 has
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business to his son, Jim Reed II. In 1981, Jim decided to expand retail floor space and acquired an $880,000 long-term mortgage debt. During this time, Jim increased inventories with the belief that higher inventories led to higher sales. In 1994, the business had grown to more than $2 million in sales. The increased inventories, along with the acquired mortgage payments have seriously eroded Reed’s positive cash flow. During the last year, Reed had slowly increased his line of credit at the
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We discussed the flow of Inventory, and as you can imagine this is important to us being able to meet our customer expectations. Based on the materials covered, what method you feel is the best for managing flows of inventories. Inventory management is a criterion which is used to look after the flow of products and services in and out of an organization A company can operate with just one way of managing inventory or they can go for combination of inventory management methods depends upon the
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The inventory process connects the revenue process and the purchasing process and plays a significant role in the accounting information system (AIS). There are some complicated issues regarding the inventory and the AIS contributes a lot to the solutions for these problems. Among those issues, to determine the correct quantity to have on hand should be paid attention to, because the effective management of the inventory’s quantity can lead to a cost-saving effect. First of all, one question will
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