Mass and batch production, Financial Management

Assignment Help:

a) IPod -Line / Mass production is most suitable given that Apple can sell the standardised product to mass markets across the world. Only small variations to the production process is needed for different versions of the iPod (e.g. 8GB or 4GB models), but there is a large enough market for each of these to mass produce the product.

b) Wedding cakes - batch production or Job production could be used. In some cases, clients may demand a highly unique cake (job production) which is made to order. In other cases, clients may be given a choice from several different cakes on offer (batch production). Customers might as well buy a batch-produced cake but have finishing touches to make the cake more unique.

c) Cookies (biscuits) - Batch production is most suitable as each group of products is standardised but the product can be modified somewhat to produce diverse batches of cookies, e.g. plain or chocolate chip flavour.

d) Navy battleships - Job production will be most appropriate as navy battleships are highly sophisticated and expensive products with unique capabilities and features. The infrequency of orders and the huge costs of production also make it complicated to use batch production.

e) Plasma televisions - Large manufacturers, such as Samsung and Sony, are likely to use mass/line production, especially as the global market for plasma televisions continues to grow.


Related Discussions:- Mass and batch production

Determine marginal tax rate, Q. Determine marginal tax rate? Ans. ...

Q. Determine marginal tax rate? Ans. Henkel does not carry debt beyond five years. To determine the cost of debt: a. For Henkel AG, which Treasury rate at which maturit

What is deposit method, Q. What is Deposit Method? Deposit Method - Rel...

Q. What is Deposit Method? Deposit Method - Related to sales of real estate, under this method seller doesn't recognize any profits, doesn't record a note RECEIVABLE and contin

Risk and advantages associated with company locations, What are some of the...

What are some of the primary advantages when a corporation has operations in countries other than its home country?  What are some of the risks? Foreign operations may decrease

Describe the types of financial ratios, 1. Describe the types of financial ...

1. Describe the types of financial ratios and other financial performance measures that are used during a venture's successful life cycle. Who are the users of financial performan

Statement used in working capital requirement, • Debtors :- Working Capi...

• Debtors :- Working Capital tied up in debtors must be estimated on the basis of cost of sales (excluding depreciation): [Cost of goods produces (that is raw materials + wages

Return on investment , Return on Investment (ROI) In accounting it is a...

Return on Investment (ROI) In accounting it is a measure of the earning power of an industries asset. A high return on investments is desirable. ROI is widely described as net

Financial Analysis Management, I need this in the next 24 hours urgently. I...

I need this in the next 24 hours urgently. If you can accept this, you must be meeting the deadline with strictly no delays or full payment refund is needed

Explain adjustments necessary to translate enterprise value, Explain the ad...

Explain the adjustments necessary to translate enterprise value to the total present value of common equity. To acquire the value of the company’s common stock, add the value of

Rejecting proposed projects when using net present value, What is the decis...

What is the decision rule for accepting or rejecting proposed projects when using net present value? When going with the net present value decision rule any project with a net

Maturity risk premium is zero, The actual risk-free rate is 4%. Inflation i...

The actual risk-free rate is 4%. Inflation is likely to be 3% this year and 4% during the next 2 years. We suppose that the maturity risk premium is zero. What is the yield on 2

Write Your Message!

Captcha
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