英语论文网

ncludes raw material twenty-one), raw material twenty one and raw material twenty-four. From this product explosion matrix I have realized that an end product does not just happen; they consist of many subassemblies, parts and raw material.

We also determined the minimal direct costs to each of the eight products. The minimal direct product is the cost of the raw material, plus the price of the amount of labor for the assembly to end product. For product one we have a total of three raw material "twenty-one" which cost ten dollars a piece and one raw material "twenty-four" which cost twenty dollars each. We now have a total of fifty dollars for the price of the parts. Next we calculate the labor that goes into transforming these parts into a viable end product. We get a total of six hours of running man hours/unit and an hourly labor rate of $8.50, which gives us a total of fifty-one dollars. This gives a minimal total cost of $101 to produce product one. This number is useful in determining how much a unit actually cost to manufacture and what we must minimally sell the product for to make a profit. We can than analyze if a product costs to much to make or the sum of the parts is more than the price of the end product. Product eight had the lowest direct minimum cost ($89.50) and four had the highest minimal direct cost.

From a purely economic stand point, it would be beneficial to use as much of raw material twenty-three ($5 unit) and as little of raw material twenty-two ($30 unit). This does not consider that raw material twenty-two may actually be more valuable than raw material twenty-three. Perhaps raw material twenty two may be gold or silver and raw material twenty-three may be sand or glass.

I also converted all information in the sales history per month (figure four of the MANMAN packet). The purpose of this step was so that I could sort and add the sales numbers to chronicle the past twenty four months. Clearly product one was the best-selling apparatus, and product three, four and five where sales laggards.

Entering the information into spreadsheet form was also necessary to present the eight products in graphical form. Of the following graph types that where at my disposal (line, bar, circle) to clearly illustrate the upward and downward trend of each of the eight product I chose the line graph method. A circle graph is good percentage comparisons or comparison of market share. Bar graphs can illustrate a snapshot in time but can distort trend data.

At this point our class gathered into groups to discuss which product to discontinue. Obviously product one was not going to be of the discontinued products, since it was our volume leader. Based on the sales figure for the past twenty-four months my group decided to eliminate products three, four and five. Also, products three, four and five had the highest minimum direct costs as well. Since these products where expensive to manufacture and where our lowest selling products a group decision was made to discontinue these products.

The discontinued product was then rolled over into a new product, now referred to product nine. Unfortunately, we where unable to decide by the information given if any of the discontinued products was a high margin product, low volume product (IE 50" big screen color Trinitron tube with oak cabinet and stereo sound).

Moving right into our next step we began to analyze our bar charts to ma本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。