How many products will appear in the segment

Assignment Help Operation Management
Reference no: EM131750815

In this three-part assignment, each student will develop and critique a vision for her/his company and offer a view on the company’s intended strategy. Assume that your team is about to have a meeting to agree upon a vision for your company. These assignments are pre-work for that meeting.

Part One: Vision Statement

As an individual (not a team), prepare a vision statement for your sensor company. The statement should present as accurate a picture as possible for your company at the end of the simulation eight years from now. It is not important that the statement is a polished public relations statement. An introductory statement with a coherent list of bullets might be best, so long as it provides clarity to all team members. It is also appropriate to provide a narrative on what your company will not be.

Here are some questions you can reflect upon to bring your vision into focus:

1) By segment, how many products will appear in the segment?

2) What will our capacity and automation levels be in each segment?

3) How much money will we have invested by the last round (round eight)?

4) What will our financial structure look like? The financial structure is everything on the right hand side of the balance sheet. Fundamentally, it summarizes how much of the assets were funded by debt holders and equity holders. You can review the financial structure your company has today by looking at your “Annual Report.” On the right hand side of the Balance Sheet, you will see your financial structure in percentages. To determine what sort of structure you want, you can ask several simple questions.

a) What mix of long term debt, stock issues, and retained profits do we need to grow the company?

b) Do we want to keep profits or pay them out as dividends?

c) Do we want to pay off our debt to avoid interest payments?

d) How would we express these in percentages? For example, 5% accounts payable, 5% short-term debt, 30% long-term debt, 20% stock, 40% retained earnings.

5) Are we biased towards cost leadership or differentiation or both?

Reference no: EM131750815

Questions Cloud

Discuss about the career development and economic options : Write a 2-page essay on which emerging market country or region you would consider working in for an extended period of time.
Outline your strategy : Chapter 4 of the textbook details business-level managerial strategies. Profit potential. How likely are you to face high versus low cost pressures?
Should the firm alter credit terms as indicated : At present, the Chocolate Cookie Company's products sell at $4.50 a unit with monthly sales of 1 50,000 units. Thirty percent of all sales are for cash.
Analyze your listening performance : Analyze your listening performance. Explain whether you found yourself being critical when the person really just needed someone to listen.
How many products will appear in the segment : By segment, how many products will appear in the segment? What will our capacity and automation levels be in each segment?
Prepare journal entries : Prepare journal entries for each of the following. For a compound transaction, if an amount box does not require an entry, leave it blank
Describe the differences as they relate to the users : Describe the differences between managerial and financial accounting. Describe the differences as they relate to the users of the information,
What was the percentage increase in annual sales : Prior to a change in credit policy, Slow Soils had lagged behind its competitors. It now has annual sales of $8,800,000. Previous credit terms were net 30.
Create a quarter page magazine ad : Create a quarter page magazine ad that targets either the consumer or the business market.

Reviews

Write a Review

Operation Management Questions & Answers

  What is decision based on expected monetary value criterion

The product design group of Iyengar Electric Supplies, Inc., has determined that is needs to design a new series of switches. It must decide on one of three design strategies. The market forecast is for 200,000 units. What is the best decision based ..

  Real world inventory models

Real World Inventory Models: Which strategy would your business employ and why? Think of the benefits of each approach.

  Describe your experience in each of the five minds

Describe your experience in each of the five minds. Determine your strengths and weaknesses in each of the five minds.

  Aircraft wait for refueling station at o hare field

Aircraft wait for a refueling station at O'Hare field. It takes an average of 20 minutes to completely refuel an airplane, and aircraft arrive at the rate of two planes per hour. Would it be a good idea to add the second station? How many stations ar..

  What are differences between objective and subjective tests

What are the differences between objective and subjective tests (give examples) and what are the pro’s and con’s for each measurement type?

  Why have issues arisen and what are individual involvements

What appears to be the issue(s), Why have the issues arisen and what are the individual’s involvements?

  Example to clarify the data collection process

Read this article that explains the importance of repeatability and reproducibility of a measurement system using a machine shop example - Discuss how repeatability and reproducibility apply to a service process.

  Reports are essential part of communication

Reports are an essential part of communication, and as we have discussed, communication is best when it is targeted for its audience.

  Using decision-tree analysis

The Karns Company is deciding whether to drill for oil on a tract of land the company owns. The company estimates the project would cost $8 million today. Karns estimates that, once drilled, the oil will generate positive net cash flows of $4 million..

  Without caring about the outcomes or effects

When a person uses other people in order to promote himself or herself, without caring about the outcomes or effects, that person is considered

  Explain methods for allocating costs

Explain two methods for allocating costs. Justify why you selected them and how you would make the most use of them in cost analysis.

  Does the target audience of the commercials

Does the target audience of the commercials match those of the sitcom?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd