Fabtek (A) Paper

511 words - 3 pages

Fabtek is a company specialized in fabricating and selling titanium and equipments made of titanium. Recently, Fabtek is failing to maintain market share and losing money because of long delivery schedule and late deliveries due to shortage of capacity and unreliable internal forecast.Two executives of Fabtek recognize that marketing division and operations division should cooperate with each other to improve the efficiency and profitability of fabricating business. They agree to become more selective in taking orders. At this point, they have four prospective fabricating orders and must decide which order to take.In this case, I see two issues. First, ...view middle of the document...

In this case, there are two kinds of criterion and these two share some aspects and contradict some aspects. Among four orders offered, it is recommend to take one from Pierce-pike and one from Worldwide paper. Even though the capacity of welders is short in late 1991, it can be resolved by scheduling and these two orders will give the chance of diversifying the market to Fabtek. The order from Refco is a big deal but it's more labor-centric and hard to meet the delivery date with present capacity. The order from Kathco is one shot deal and can be executed within capacity but strategically might be discarded to hinder the expansion of the competitor.* Issues should be considered to select orders- What is the best order?- Who is the best customer?- Open capacity: Besides Kathco, Fabtek is not available to take any order without delaying deliveries- Strategic impact of orders- Political/human implications: B2B situation, it matters a lot and it can influence whether to take a certain order → Refco &- Lightfoot, Vitali -& Pierce-pikeFabtek is operating almost at full capacity but losing money. Because:- Pricing process (which it doesn't have)- Inaccurate estimation of labor cost: No difference in mark-up between labor and material (Welding needs to charge higher mark-up than fabrication/machining)- Factory overhead: 200% of direct labor* To make this company turn into successful- Effective cross-functional cooperation- Proprietary products- CEO's leadership/overarching goals with clear R&R- Astute pricing- Order selection process- Good management of new/existing accounts

RELATED

Literary Analysis - Hills like White Elephants - WR 303 - Literary Analysis

1555 words - 7 pages 1 Madison Evans Jake Sauvageau WR 303 Literary Analysis 8/30/18 Ernest Hemingway’s Hills like White Elephants The short story Hills like White Elephants by Ernest Hemingway is a story about a man and woman who are sitting at a bar at a small train station somewhere in Spain. They seem to be having a heated conversation about a mysterious “operation”. The author never explicitly says what the issue is between the man and woman, but it can be

An Analysis of Walter Freeman, Father of the Lobotomy - NKU HNR 151H - Essay

1433 words - 6 pages 1 Brandell Hannah Brandell Prof. Tamara O’Callaghan ENG151H-007 5 May 2017 Walter Freeman and the Invention of the Lobotomy In Steely Library’s digital archives, one of the postcards from the Gilliam family collection is entitled Western Kentucky Asylum for the Insane, Hopkinsville, KY. The postcard dates back to 1915 and portrays a beautiful building, complete with red bricks and white columns. Many of the insane asylums around this time were

Lost Treasure, A story about a psychopathic father - Amity college 11BB - Creative Story

1130 words - 5 pages Lost Treasure When I was a child, my late father and I would spend every moment of the summer season on the sparkling white sand of the beach near our home. We would dance, kicking up the shiny surface so that the droplets glimmered like diamonds in the sunlight. We would lie on our backs and stare at the sky, until the swirling clouds began to take on our imaginative shapes mingled together by our fantastical minds. We would grip imaginary

robotics revolution represent for human employment in New Zealand in the next 30 years - massey university - management

1357 words - 6 pages Rebecca Hastie 11256694 How much of a threat does the robotics revolution represent for human employment in New Zealand in the next 30 years? In order to understand the threats that robotics may pose to human employment in the future, it is important to examine the ways in which robots and computerization are already influencing different employment industries today, and how they have changed our labor practices in the past. If this information

A review of “Indigenous remain ‘asset rich, dirt poor’ 25 years after Mabo”. - ANU - literature review

1115 words - 5 pages Free A review of “Indigenous remain ‘asset rich, dirt poor’ 25 years after Mabo”. In the article “Indigenous remain ‘asset rich, dirt poor’ 25 years after Mabo”, Indigenous affairs editor, Fitzpatrick (2017) presents the socioeconomic situation of the Aboriginal people, using the views of the former prime minister’s advisor, Josephine Cashman. Miss Cashman pointed out that the promises made to the indigenous people, presented in the Mabo case, had

Comparison of Tom and Jay from Great Gatsby - English - Essay

749 words - 3 pages Annie Shepherd-Barron, Luxmoore Comparison Between the Portrayal of Tom Buchanan and Jay Gatsby in Chapters 1 to 6 Fitzgerald purposefully portrays Jay Gatsby and Tom Buchanan in contrasting ways to emphasise the variety of money within the American market, during the era in which the novel is set. A major difference between the two men is ‘new money’ and ‘old money’, where Gatsby represents ‘new money’, but Daisy and Tom represent ‘old money

term project of marketing strategy - global business management 1 st semester - essay

405 words - 2 pages Boston Pizza Boston Pizza is a Canadian fast food restaurant, which began in Edmonton, Alberta, on August 12, 1964. The restaurant had begun operations on 17 different locations in western Canada by 1970. In 1968 a royal Canadian mounted police officer Jim treliving noticed the growing popularity of Boston pizza and he bought the rights to start a restaurant in British Colombia. He was the first franchisees of Boston pizza. At present, Boston

The advantages and disadvantages of social media - Bucks County Community College - essay

830 words - 4 pages . The success of Mark Zuckerberg can directly show that the amount of people who use Facebook is numerous. As the use of social media has become increasingly popular, it brings both the good and the bad effects to our society. However, I believe that the bad effects are slightly more than the good effects. That is why we should regulate the use of social media more strongly. First of all, one of the good effects of social media is it provides a

Pet Peeves Public Speaking Speech - Public Speaking - Speech

506 words - 3 pages ​I’m​ ​not​ ​usually​ ​the​ ​kind​ ​of​ ​person​ ​to​ ​express​ ​when​ ​things​ ​annoy​ ​me--other​ ​than​ ​rolling​ ​my​ ​eyes,​ ​but​ ​there are​ ​actually​ ​quite​ ​a​ ​lot​ ​of​ ​things​ ​I​ ​don’t​ ​like.​ ​I​ ​can’t​ ​say​ ​I’m​ ​not​ ​guilty​ ​for​ ​some​ ​major​ ​pet​ ​peeves,​ ​like​ ​always​ ​being late,​ ​but​ ​here​ ​are​ ​my​ ​pet​ ​peeves​ ​that​ ​people​ ​should​ ​really​ ​work​ ​on. This​ ​one​ ​goes​ ​out​ ​to​ ​my​ ​mom…​ ​Yes

math Algebra Define Variable 1 Math - Algebra 1 - Algebra 1

868 words - 4 pages Evaluate each expression when y = 6. 1. 7 – y = 2. y – 3 = 3. 6 + y = 4. y + 2 = 5. y – 2 = 6. y – 1 = 7. 7 + y = 8. y + 8 = 9. 3 + y = 10. y + 4 = Evaluate each expression when y = 4. 11. y + 5 = 12. y – 7 = 13. 2 – y = 14. 7 – y = 15. 9 – y = 16. y + 6 = 17. 6 – y = 18. y – 5 = 19. y + 4 = 20. y + 9 = Evaluate each expression when y = 8. 21. y + 5 = 22. y – 8 = 23. 2 – y = 24. 6 – y = 25. y – 1 = 26. y – 9 = 27. 4 + y = 28. 1 + y = 29. 9 – y

home automation haow its work in the society - speech comunication - home automation

1618 words - 7 pages Free Introduccion A home automation system typically connects controlled devices to a central hub or "gateway". The user interface for control of the system uses either wall-mounted terminals, tablet or desktop computers, a mobile phone application, or a Web interface, that may also be accessible off-site through the Internet. Also it will control lighting, climate, entertainment systems, and appliances. It may also include home security such as

Intercultural essay on my culture - mesa high - essay

599 words - 3 pages Lopez 1 Lopez 4 Danielle Lopez Michelle Young COM 263: 18FA5689 9 September 2018 My Personal Culture The Hispanic culture has different values, beliefs, and traditions. Family is highly value. Family is a close-knit group and the most important social group to gather in any events or special days. The Hispanic “family unit” includes not only parents and children but also grandparents and extended family. Individuals within the family have

History Paper for Us History Class - US History , Hudson County Community College - Essau

2229 words - 9 pages September 20, 2001 during a speech. This War on Terror included Afghanistan and Iraq. War on terrorism had congress fund the War in Iraq with $36.7 billion in emergency funds in the first year. This invasion was the official war on terror of America with President George W. Bush at the helm. With Bush’s two terms in office the cost on the War was $1.164 trillion. After Bush left the office Obama who also served two terms in office spent $807 billion

Be your true self no matter what people think of you. - Trevor Highschool english 5 - essay

450 words - 2 pages Lopez Jose Lopez Mrs. karen 14 september 2017 Be your true self Fredrich Nietzche once said “The individual has always struggle to keep from being overwhelmed by the tribe. If you try it, you will often, and sometimes frightened. But no price is too high to pay for the the privilege of owning yourself.” In my opinion, I believe this quote is true. Many people feel like they have to be a certain way for society to like them. When in reality

Brown v.s Board of Education Background Information - English9 - Expository Essay

668 words - 3 pages Greifzu Brown Vs The Board of Education Background Information Expository Essay The Plessy v Ferguson, the Supreme Court Case that stated although colored and white people were separated, as long ad the facilities were equal, it was constitutional. Now, people know that isnt the true because a lot of the colored facilities weren’t equal. Over 50 Years later a new cases, which consisted of five separate cases that were combined into one that is