1) The XYZ Manufacturing Company is looking to improve its vision regarding the international and globalization...
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1) The XYZ Manufacturing Company is looking to improve its vision regarding the international and globalization issues. The XYZ Company has many challenges faced it due to stopping the production plant several times a year (almost five times) due to shortage/delay of raw materials from suppliers and willing to eliminate this issue to only single stop per year at maximum and no more than six times. The unit price of energy used by the production plant is $ 0.20 Kwh and they are looking to minimize this value to $ 0.12 Kwh and maximum $0.25 Kwh. The company has five markets right now in South Asia, North Africa and Middle East and they are looking to increase their target by adding three more markets at least during the next two years with keeping at least four markets. The XYZ Company uses the latest version of information and communication technology software. It tries to improve its uses of e-commence from 75 percent to 80 percent during the next two years with a minimum 70 percent. The XYZ Manufacturing Company is expecting number of new customers ranged from 3000 to 4000 with existing value 3400. Estimate: The S/SD indexes for each aspect/issue of globalization and international individually, and the S/SD index for the globalization and international. 2) A manufacturing plant always faces challenges representing in adopting a new technology. It is concluded that it has currently used 85% of latest technology and follows the governmental regulations by 95%. The manufacturing plant hopes to achieve between 95 to 80% of the available new technology and between 100 to 90% following up the government regulations. The manufacturing plant is located in small town, which its population is increased by ten percent during next five years at maximum 25,000 persons and not less than 23,000 persons count its population right now. Unfortunately, the economic situation in the country is passing by a recession period and the growth of profitability is estimated by 82% although experts were expecting to be reached 90% and not less than 80%. This plant is relied on renewable and nonrenewable resources which it can save normal energy to be consumed from 70 to 90 percent which it actual value around 75 percent. Estimate: The S/SD of the manufacturing plant regarding emerging issues? 3) The ABC Company has investigated on introducing a new product in the market and it found that the needs and wants of this product right now equals 75% of the population after conducting a survey in community and this value will be increased to reach 90% at a maximum and at the worst case 70%. The chance in offering this product in the target markets will be on average 80% (70 to 90%) during the next following years. The time to develop the new products needs nine months initially and this time period will be ranged from eight to 12 months with minimizing the development cost from $ 50,000 to $ 35,000 as a minimum and no more than $ 55,000. The current existing number of machines in the ABC Company are 200 equipment with total different of specifications and the ABC Company needs extra 20 new different machines to accomplish the target regionalized and personalized markets to keep at least 190 machines working properly. The survey questionnaire conducted on assigned target markets to be ranged from 6 to 9 which it has 7 markets right now and this number will be expanded later after surveying on studying customer's behaviors with fluctuating the number of products from 10,000 units to 13,000 units a year with existing 11,000 units produced. Estimate: The S/SD index for innovative designed products 1) The XYZ Manufacturing Company is looking to improve its vision regarding the international and globalization issues. The XYZ Company has many challenges faced it due to stopping the production plant several times a year (almost five times) due to shortage/delay of raw materials from suppliers and willing to eliminate this issue to only single stop per year at maximum and no more than six times. The unit price of energy used by the production plant is $ 0.20 Kwh and they are looking to minimize this value to $ 0.12 Kwh and maximum $0.25 Kwh. The company has five markets right now in South Asia, North Africa and Middle East and they are looking to increase their target by adding three more markets at least during the next two years with keeping at least four markets. The XYZ Company uses the latest version of information and communication technology software. It tries to improve its uses of e-commence from 75 percent to 80 percent during the next two years with a minimum 70 percent. The XYZ Manufacturing Company is expecting number of new customers ranged from 3000 to 4000 with existing value 3400. Estimate: The S/SD indexes for each aspect/issue of globalization and international individually, and the S/SD index for the globalization and international. 2) A manufacturing plant always faces challenges representing in adopting a new technology. It is concluded that it has currently used 85% of latest technology and follows the governmental regulations by 95%. The manufacturing plant hopes to achieve between 95 to 80% of the available new technology and between 100 to 90% following up the government regulations. The manufacturing plant is located in small town, which its population is increased by ten percent during next five years at maximum 25,000 persons and not less than 23,000 persons count its population right now. Unfortunately, the economic situation in the country is passing by a recession period and the growth of profitability is estimated by 82% although experts were expecting to be reached 90% and not less than 80%. This plant is relied on renewable and nonrenewable resources which it can save normal energy to be consumed from 70 to 90 percent which it actual value around 75 percent. Estimate: The S/SD of the manufacturing plant regarding emerging issues? 3) The ABC Company has investigated on introducing a new product in the market and it found that the needs and wants of this product right now equals 75% of the population after conducting a survey in community and this value will be increased to reach 90% at a maximum and at the worst case 70%. The chance in offering this product in the target markets will be on average 80% (70 to 90%) during the next following years. The time to develop the new products needs nine months initially and this time period will be ranged from eight to 12 months with minimizing the development cost from $ 50,000 to $ 35,000 as a minimum and no more than $ 55,000. The current existing number of machines in the ABC Company are 200 equipment with total different of specifications and the ABC Company needs extra 20 new different machines to accomplish the target regionalized and personalized markets to keep at least 190 machines working properly. The survey questionnaire conducted on assigned target markets to be ranged from 6 to 9 which it has 7 markets right now and this number will be expanded later after surveying on studying customer's behaviors with fluctuating the number of products from 10,000 units to 13,000 units a year with existing 11,000 units produced. Estimate: The S/SD index for innovative designed products
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solution 1 The SSD index for globalization and international issues S Increasing number of markets f... View the full answer
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Cost Management A Strategic Emphasis
ISBN: 978-1259917028
8th edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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