Monday, August 24, 2020

Entrepreneur Assignment Example | Topics and Well Written Essays - 4000 words

Business visionary - Assignment Example The quality and estimation of the items exclusively decide the capacity of the organizations to have assets for the following industry run (Weerawardena and Mort, 2006). The organizations need to work so as to create significant items that can help the intended interest group regarding satisfying their needs and needs. Also, business enterprise can't work viably without staying focused on the requirements of the clients. The way of life is the power that storms over each worry of the general public. The aggregate societies esteem needs of the numerous over those of the couple of so the organizations need to business person so that they can help the overall population in regards to advancement of expectations for everyday comforts, and the individualistic social orders are utilizing totally unexpected methodology in comparison to the previously mentioned one (Spear, 2006). There is consistently room present for acquiring advancements and developments the market since workforce over yo nder is innovative, and they have sufficient degree of innovation available to them that they can apply as a methods for achieving their aspirations (Akhter, 2007). Moreover, the vital administration esteems the innovativeness of representatives, and in this way, the enterprising qualities stay conspicuous in the authoritative arrangement of the created countries. The creating countries bring improvement at operational level, and frequently they import items from created ones, and build up the model of diversifying so as to procure their due offer with each arrangement so the genuine business that includes advancement and innovation is occupant of created countries of America and Europe (Ali, 2010). The education rates in creating portions of the world isn't noteworthy in nature, and in view of this explanation, experts are not capable regarding their imaginative forces. The advancement is the characterizing characteristic of business enterprises, yet the HR are the

Saturday, August 22, 2020

International Business Management And Strategy Essay

Worldwide Business Management And Strategy - Essay Example PESTEL Analysis The PESTEL structure of investigation takes a gander at six outer powers †Political, Economic, Social, Technological, Environmental and Legal †that influence the organization at its current state or that can possibly influence industry seriousness in future. For the pharmaceutical business we have recognized that Political, Economic, Social and Technological variables have the potential more prominent effect on the business than the staying two consequently we will concentrate on this four in our following conversation. It takes 10-15 years on normal for an exploratory medication to head out from lab to patients (Holland, 2011) and this is to a great extent because of tough government guidelines. This long lead time is only a tip of the political ice sheet that assumes an exceptionally enormous job in the pharmaceutical business. Starting 2009, the U.S. Government Drug Administration fixed guidelines with the goal that pharmaceutical organizations will pre sently need to acclimate to stricter gauges and more grounded authorization (Anon, 2011). What's more, most governments keep on forcing GSK and the other huge pharma to expand access to medicine either by bringing down the expense of medications or by evacuating their patent security to take into consideration assembling of generics. The last ask is profoundly probably not going to be acknowledged by GSK and its friends though the previous could be accomplished if the pharmaceutical organizations are ensured of greater deals volumes. One significant political move that ought to have a major effect in this industry is the death of President Obama’s US medicinal services change into law on March 23, 2010. This bill is uplifting news for the enormous pharmaceutical organizations since it is required to extend medical coverage inclusion to in excess of 30 million uninsured Americans (Trager, 2010), particularly thinking about that America is as yet the biggest pharmaceutical market on the planet. Other than this critical increment in advertise size, the new social insurance law additionally secures unique medication producers, for example, GSK, from rivalry from nonexclusive choices on biologics through a multi year restrictiveness period. Biologics are as of now saw as one of the potential immense items for pharmaceuticals, particularly given that they contributed US $80 billion of every 2008 with positive anticipated objectives of up to multiple times that of little particles (Holland, 2011). Intently following political factors in importance for the pharmaceutical business is the financial components. There are positives just as negatives for GSK and its companions to consider over with respect to financial aspects. The principal negative that rapidly strikes a chord is the worldwide monetary crush of 2008 that has to some degree continued to the current day, particularly in the EU. As indicated by Holland (2011) the pharmaceutical market develop ment is firmly lined up with GDP development hence the low GDP development in the present key markets of US, Japan and Europe is a reason for concern. The quick customer conduct will be to settle on the more moderate nonexclusive medications to the detriment of the first medications that have cost GSK and its companions billions of dollars in venture from inquire about, to creation to showcasing. Discussing generics, the vast majority of the blockbuster drugs licenses that enhanced huge pharma have/are reaching a conclusion in 2011 and 2012. This development of generics and loss of patent assurance for smash hit drugs at a similar window period has the capability of turning money bovines for GSK and its

Monday, July 20, 2020

Book Riots Deals of the Day for April 17th, 2019

Book Riots Deals of the Day for April 17th, 2019 Sponsored by Everything You Came to See by Elizabeth Schulte Martin available today to Book Riot readers for only $1.99 These deals were active as of this writing, but may expire soon, so get them while they’re hot! Todays  Featured Deals Faithful Place by  Tana French for $1.99.  Get it here, or just click on the cover image below. The Girl with the Red Balloon by Katherine Locke  for $1.99.  Get it here, or just click on the cover image below. Dead Girls: Essays on Surviving an American Obsession  by Alice Bolin  for $1.99.  Get it here, or just click on the cover image below. In Case You Missed Yesterdays Most Popular Deals The Familiars  by Stacey Halls for $2.99.  Get it here, or just click on the cover image below. The Inheritance Trilogy by N. K. Jemisin for $2.99.  Get it here, or just click on the cover image below. 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Thursday, May 21, 2020

College At Arizona State University - 1611 Words

Imagine Time Square in New York City on the busiest day of the year or the Great Barrier Reef with hundreds of fish swimming around you. Those two remarkable places resemble that of the Memorial Union (MU) at Arizona State University (ASU). Not everyone loves crowded, cramped, and/or cluttered places. In fact, some people want a space that is calm, inviting, and their own. For the students that attend Barrett, The Honors College at Arizona State University it is just that, a secluded welcoming part of ASU. Not only is Barrett a portion of ASU that seems distant from other dorms, it has its very own unique feel. You can walk into Palo Verde East or West, Manzanita, or even the University Tower and not have the open space that surrounds the†¦show more content†¦One thing remains true; the living spaces are phenomenal. From either living in Cottonwood, Cereus, or any other hall at Barrett you are definitely in for a treat. Each hall has a unique characteristic that makes them e xceptional. From the floor theme, to the lounge area each hall brings something different to the atmosphere at Barrett. When walking around the various halls you tend to feel like you’re in a three out of four-star hotel because everything is well kept, and refined, but also individualistic. Every hall has a multitude of floors, and each floor has a different theme. Themes could range from Toy Story to The Lego movie, or one could stand out and have a Harambe memorial in front of their living space. These various themes bring the multitude of living spaces together. Barrett is a distinct place on campus that has a lot to be discovered. While sitting and observing from one of many lounge areas, I observed that Barrett has a very strong community of students. In the span of time while I was there I did not notice anyone sitting and/or walking by themselves. Everyone had someone to communicate with, and make an everlasting bond with. That does resemble what could possibly happen in the Memorial Union, during a lunch or dinner rush, but at Barrett it is in a much more controlled setting with more space to breath. I came to notice that outside the dorms people would socialize, and really be themselves, but once entering their dorm room it felt likeShow MoreRelatedTrends Of College Admissions : Katherine O Malley. Arizona State University1510 Words   |  7 Pages Trends in College Admissions Katherine O’Malley Arizona State University One of the key components in higher education enrollment management in a public, four-year university is the admissions process. With encouragement from many sources such as friends, family, and college marketing materials, high school juniors and seniors apply and enroll in college by the thousands each year (McDonough, 1994). College choice is greater now than twenty years ago, but finding the right fitRead MoreUniversity Of Arizona And Grand Canyon University1371 Words   |  6 PagesThe high school senior year is indeed a rough year. Students are overwhelmed with stress applying for colleges, having their fingers crossed to be accepted in their first choice college. The primary step before applying for colleges is selecting which college best suits them in pursuing their dream career. Sometimes, more than half of the students dream of being in the medical field, satisfying that there’s still people in the world that want to help out others, and what’s better than h elping themRead MoreMedical School Should Be A Medical Program834 Words   |  4 PagesThere are thousands universities/colleges in the United States that have a medical school/program. For those students interested in going into the medical field, deciding on what college to attend can be very tricky. Students always want to attend the best university out there, but that isn’t always the easiest decision because of certain road blocks. For example, those who live in Arizona have the chance to go to U of A; there is also the opportunity to go to U of W (University of Washington). WhileRead MoreFirst-Year Expectations: The Dining Hall System1001 Words   |  4 Pagesat a college dining hall is dying out. It’s because the same food is served every day and students want more food and healthy options. Food assumes a critical part in our lives, particularly in college. Food impacts individuals physically, healthfully, and instructively. The dining halls at Arizona State U niversity are a significant wellspring of meals and nourishment for college students. Doubtlessly, it is essential that students can consume at these dining halls. An analysis of the college students’Read MoreThe University Of Arizona, Arizona970 Words   |  4 PagesUniversity of Arizona is one of the greatest school not only in the state of Arizona but also in the whole US nation. There were so many magnificent people who graduated from this amazing University, and because of the magic of this college, some of them choose to live in this beautiful city after they graduated. Fortunately, I was lucky enough to be a wild cat and interview one of the senior wildcat: Anna Marie Mesa who attended the UA in the fall semester of 1964. Ms. Mesa is one of my best friends’Read MoreUniversity Vs Northern Arizona University822 Words   |  4 PagesCollege Search Arizona State University and Northern Arizona University are two schools that I’ve been accepted in. I would like to go to GCU, but I’m not sure if I’ll be accepted. If I don’t get accepted I would want to attend Northern Arizona University full time. I would also like to live on campus only at NAU. If I go to another university I will just plan on still living with my parents. School Profile Arizona State University’s tuition and fees comes to a total of $10,522 (ASU Tuition, 1)Read More(a).The election was not fair at all since no one elected the winner. It was suspicious how1500 Words   |  6 Pagesthe other two hospitals. Question 2 (a).The University of Arizona is the leading university in the state of Arizona in enrolling students from other states and countries. This article will deal with the number of students admitted in the University of Arizona from different state in the year 2012/2013. The following information confirms that indeed Arizona tops the list of States that admit students from other States and countries. First, the university made 60, 169 enrollments in the year 2012/2013Read MoreA Brief Note On North Dakota State University1453 Words   |  6 PagesNDSU vs. ASU The total student population of North Dakota State University as of 2015 is 14,516 students, while the total student population of Arizona State University as of 2015 is 83,301 students. There are many differences between NDSU and ASU, but each of them have their own special upsides. However, they each have their own special downsides as well. NDSU and ASU are both very good schools who offer quality education, and hopefully by the time I am a senior I will have figured out which toRead MoreThe New Common Core Based Standards961 Words   |  4 Pagessystem in the state of Arizona began to change. The Arizona State Board of Education adopted new standards for school districts to follow and abide by. The new standards known as Arizona’s College and Career Ready Standards (ACCRS) began to be implemented by schools statewide by early 2013. The purpose of the new standards is to be a set of benchmarks (standardized tests) for students of all grades to take and meet as they move t hrough the Arizona school system. The state of Arizona believes thatRead MoreArizona State University For The Fall 2016 Semester976 Words   |  4 PagesYou have been admitted to Arizona State University for the fall 2016 semester.† This was the beginning of the letter that I received in the mail this past fall; though it was simply a letter, it was the beginning of a new chapter in my life! To be a sun devil means to strive for excellence, to give your all, to put your heart into your work, to never give up, to excel in all you set out to do. I am extremely pleased to now officially be a student of Arizona State University! When I first got the letter

Wednesday, May 6, 2020

Current Events Business Research Essay - 1133 Words

Running head: Current Events Business Research Current Events Business Research RES/351 University of Phoenix Current Events Business Research For many years my wife and I have had the opportunity of running and teaching at our martial arts studio here in South Florida, in the past couple of years the competition has come and gone, our longevity has been due to our continuing to change up and add to our training programs. In the recent years our students and friends have asked us to possibly add some sort of boot camp training, due to my military background. Here is where my business research experience was born. The first stage of the business research process is to discover the problem or dilemma, which in my case was how to†¦show more content†¦Stage two of the process is research proposal, in my situation the proposal was oral, during the first stage my wife and I discussed the cost of conducting research for the program and we discussed the pros and cons of the program, the decision was made that the benefits to the business and the customers outweighed the cost. Our instructors were included in the decision concerning the plan of conducting research, at this point a lot of my instructors volunteered to assist. The initial proposal like mentioned before was oral, in the proposal we explained the primary question of the research, would a boot camp style program fit our current training schedules and thinking, the overall answer was yes it did. The cost of the research was going to be minimal, the reason for this was that we decided to conduct the research ourselves and not hire a firm, some of my instructors have conducted research activities at work and we decided to use some of their expertise, this saved the business some initial cost. Third stage of the process is research design, we decided on using a survey, this survey would ask a simple question, â€Å"would you be interested in participating in a boot camp style training program†; the survey would also have various health benefits that would be achieved by doing the boot camp. We designed the survey to fit individuals in our area and age groups, our targets were the mid-teens to the middle aged in ourShow MoreRelatedThe Data Analysis For Business Continuity And Disaster Recovery Plan998 Words   |  4 PagesThe data analysis for business continuity and disaster recovery is divided into three parts. All the three parts strive to properly examine and answer the research questions in a well-structured and organized manner. The data which was analyzed from various reliable sources, such as white papers, leading companies and BCP service providers, and also survey reports on business continuity and disaster recovery will help in exploring the research ques tions and provide proper guidelines for employeesRead MoreUse the Virtual Organization Link on the Student Website to Access Additional Company Information on Kudler Fine Foods.1334 Words   |  6 PagesMarket Research Marketing is the vitally important to Kudler’s Fine Foods and it encompasses the entire business idea. This takes the customers point of view in to account when creating the marketing mix. Product, price, distribution channels, and marketing types need to be considered because this is what affects the customer’s response to the Kudler’s Fine Foods. 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While other Millenials may view social media and television services as a way of relaxation or fantastical escape, I have dedicated most of my time following different well established and new media outlets on social media to keep up with current events and news. I incorporate the news and trending media topics into my daily conversations even with those who aren`t studying Mass Communications. I follow these routines because I believe that media has the power to inform and propel new informationRead MoreNoco Soccer Academy643 Words   |  3 Pagesis the market that Dyer has been targeting. Dyer wan ts to grow his business enough to reach his strategic goal of building a sports complex for his business to occupy. Dyer needs to double his business in order to support this goal. 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Looking At The Advanced Technology Of Construction Construction Essay Free Essays

The demand on application of advanced engineering in building industry necessitates uninterrupted employment of new engineering work force and geting of latest machinery. A building house would necessitate a immense investing in order to last in acquiring new occupations. Therefore, really frequently, a building undertaking is managed by a general contractor, which sublet the plants out to different subcontractors so that the general contractor can salvage on building cost to vie in monetary value [ 1 ] Subcontractors are specialist in the executing of a specific occupation, they act as a agents of the production system of the contractor company in providing stuffs, work force, equipment, tools or designs [ 2 ] . We will write a custom essay sample on Looking At The Advanced Technology Of Construction Construction Essay or any similar topic only for you Order Now Chiang [ 1 ] concludes that farm outing is indispensable to salvage building cost of general contractors to vie on monetary value. Teixeira A ; Couto [ 3 ] besides agreed that increasing of specialization thorugh subcontracting can help in achieving the undertaking objectives. When the range of work and logical dependences between subcontractor plants are non to the full understand by general contractor and proprietors, it became a critical job to the success of complex and fast-paced undertakings. Cost judicial proceeding and disgruntled clients due to the struggle between general contractor, subcontractors and other undertaking participants would so followed [ 4 ] Subcontractor Subcontractor is a common term used in building. Due to the singularity of each building undertaking, the work force is transeunt, multiple trade are involved, each undertakings are planned and worked in short clip frames, and assortment of stuffs and equipments required, one individual building undertaking is frequently sublet to many subcontractors [ 2 ] , [ 5-12 ] . Subcontractors can lend more than 50 % [ 13 ] , and can be every bit much as 90 % of entire undertaking value to a building procedure [ 5 ] . A building undertaking is awarded to a general contractor or premier contractor or chief contractor or chief contractor, which resorts their work out to specialise outside house to transport out specific undertaking activities. General contractors are responsible for pull offing the undertaking such as contract disposal with clients, undertaking funding, stuff and equipment procuring, and supervising the undertaking advancement [ 14 ] . Harmonizing to Albino A ; Garavelli [ 13 ] , the general contractor ‘s perfomance are strongly dependent on subcontractors. This statement is reinforced by Mbachu [ 15 ] which stated that the ability of the general contractor and adviser to present the undertaking within clip, quality and cost depends mostly on public presentation of subcontractors. A subcontractor is a building house that contracts with a general contractor to execute some facet of the general contractor ‘s work. In most building undertakings, a critical function is played by subcontractors who are hired to execute specific undertakings on a undertaking. In the usual instance, the general contractor will execute the basic operations and farm out the balance to assorted forte contractors. Subcontracting is used much more extensively on lodging and edifice building undertakings than on technology and industrial undertakings [ 16 ] . Types of Subcontractors Attempts have been meade to distinguish subcontractors. In Hong Kong, Ng et Al. [ 6 ] classified subcontractors to ( i ) equipment-intensive subcontractors ( who are hired due to their specialized works and equipments ) , and ( two ) labour-intensive subcontractors ( those who are hired as a consequence of their specialized labour resources. Costantino et Al. [ 17 ] revealed that labour-only subcontractor beneficial the subcontractor by cut downing the cost of mobilisation and buying stuff. Furthermore, it besides offers economic advantages to the general contractor by avoiding the mark-up of full subcontracting. Quality jobs and claims may still happen in acquiring the supply of stuff for application of this labour-only subcontractor. Therefore, some general contractors prefer full subcontracting to switch hazard and liability. Partnering relationship between general contractor and subcontractors were proposed to make a win-win state of affairs [ 5 ] , [ 18 ] . Harmonizing to Lee et Al. [ 18 ] , this long-run relationship must be established to avoid adversarial relationship between general contractor and subcontractor. Several types of relationships between general contractor and subcontractor are discussed, competitory relationships and strategic relationships were among them. Comparison theoretical account based on dealing cost for both general contractor and subcontractor are developed severally for each relationship. Multilayer Subcontracting Further subcontracting by subcontractor, or called multilayer subcontracting/latent subcontractor, let the subcontractor to be less vulnerable to fluctuation in concern, have more flexibleness in work force coordination, and be able to cut down cost of direction [ 7 ] . In Turkish, pattern of farm outing work by subcontractors to secondary subcontractor is widespread [ 19 ] . A survey on 35 general contractors and 56 subcontractor organisations revealed that most of them are willing to sublease their work under overload of work or clip force per unit area. When â€Å" latent † subcontractor happened, the extent of subcontracting is even larger. â€Å" Latent † subcontracting, or multilayer subcontracting is the farther farm outing down the watercourse by subcontractors with or without the cognition or consent of the general contractor or client. This has been alleged to be one of the major causes of hapless building quality and building site safety in Hong Kong [ 1 ] , [ 7 ] . Ekstrom et Al. [ 20 ] argues that payment to the 2nd grade subcontractor/suppliers can be portion of the public presentation measuring when measuring subcontractor. Problems of Subcontracting Ability to pass on and organize the work of subcontractors has been identified as one of the chief conceptual determiners of building undertaking direction competency in China [ 21 ] . Subcontractor failure has been listed as one of the hazard allocated to general contractor in building contracts [ 22 ] . This is supported by El-Sayegh [ 23 ] which stated that subcontracting is hazardous and can take to low quality, delayed completion and insecure pattern. Another hazard created by subcontractor is the possibility of them to transgress contract and difference with the general contractor. Hence, subcontracting has been listed as one of the important factors doing hold United Arab Emirates [ 24 ] , [ 25 ] and Malaysia [ 26 ] , [ 27 ] . PERTINENT STUDIES ON SUBCONTRACTOR Focus of research workers goes to either finding the components of farm outing or developing new approaches/techniques to choose and/or manage subcontractors. Subcontractor has become an issue on its ain, separated from selection/management of general contractor by client/consultants due to its complexness. Numerous subcontractor choice and monitoring theoretical account has been proposed [ 4 ] , [ 13 ] , [ 28-30 ] . Choice of Subcontractor Many choice methods of subcontractors has been proposed in the literature. Arslan et Al. [ 28 ] developed a web-based subcontractor rating system ( WEBSES ) to ease the choice of subcontractors. The standards for measuring was identified by calculators of building house in USA based on a database of about 4000 subcontractor houses. Ng A ; Luu [ 31 ] developed a theoretical account for subcontractor enrollment determination through case-based logical thinking attack. 12 experts were interviewed to supply indispensable stairss needed for distinguishing good and bad subcontractors. The theoretical account developed use each properties ‘ calculated evaluations for designation of fiting instances and similarity mark of each single instances. The historical information of subcontrators can be retrieved and utilize for the current rating. Weighting of all atributes can be easy modified harmonizing to the users penchant, therefore the effectivity of this theoretical account is still really much depends on the experience and cognition of users. Manoharan [ 32 ] proposed a subcontractor choice method utilizing Analytic Hierarchy Process ( AHP ) based on 29 questionnaires collected from contractors involved in building undertakings located at Putrajaya, Malaysia. It is an Adept System to help the chief contractors in doing their determination by utilizing pairwise comparing. The determination shaper will necessitate to do their ain opinion on the comparative importance of each component with regard to the elements at a higher degree. Argument might happen when the opinion of different determination shapers are diverse. As an attempt to cut down the incidents of hold, and other possible jobs that might be originated from the jobs of choosing the incorrect sub-contractor, this survey aims to spread out the sample of survey as suggested by Manoharan [ 32 ] in the attempt of create an more dependable and applicable sub-contractor choice theoretical account. Management of Subcontractor Choosing the right subcontractor does non vouch the success of a building undertaking. Coordination and monitoring of subcontracted work during the building phase is indispensable. Ko et Al. [ 33 ] developed a Sub-contractors Performance Evaluation Model ( SPEM ) by using Evolutionary Fuzzy Neural Inference Model ( EFNIM ) . Subcontractors were evaluated by field overseers harmonizing to the types of subcontract. Different rating factors were adopted for different subcontract to accomplish just rating. Albino A ; Garavelli [ 13 ] proposed a evaluation system for direction of subcontractor by utilizing nervous web. An application instance related to the rating of possible subcontractors viing for a command has been used to demo the practical execution of this nervous web. In accessing the rival subcontractors, the determination shaper have to see five chief parametric quantities, viz. monetary value decrease, clip decrease, technical/qualitative feature of the command, contractual dependability of the rival, and direction accomplishments of the rival. The web will suggest a suited subcontractor based on old determinations made by the expert. Therefore, illustrations of old determinations need the expert to be inserted into this nervous web. Dainty et Al. [ 34 ] focused on supply concatenation ‘s direction from the position of subcontractor. The function of subcontractors in UK building industry is explored and followed by proposal of a model for turn toing current barriers to provide concatenation integrating. Decision Subcontractor has become a great topic to all the practicians in building industry due to the common pattern of subleasing building works into smaller bundles in building industry. Effective subcontractor choice and monitoring which can minimise the job would find the success of building companies. Problems of subcontractors, if ignored, can do an huge impact to the building undertaking, and can widen into the operation of the general contractor ‘s administration. Therefore, attending shall be given to the issues of subcontractor, which is the chief participant in about all the building undertakings. How to cite Looking At The Advanced Technology Of Construction Construction Essay, Essay examples

Sunday, April 26, 2020

Tep Case free essay sample

Case study teaching notes Trans -European Plastics TEP makes a range of more than 500 plastic household items using batch injection moulding. The case highlights increasing problems with inventory shortages and declining service levels,at the same time that total inventory levels were at a high level. The company was evenconsidering investing in a warehouse extension. This case allows students to explore theunderlying reasons for this situation, and there is considerable numerical data that can beanalyzed. This case provides an ideal introduction to the topic of inventory management, and is at a levelto be of use on both undergraduate and Masters/MBA courses. Although describing amanufacturing situation, there are no technical issues to be understood, and the analysis would be little different in a retailing type of service. It provides sufficient information for the studentsto prepare spreadsheets for ABC analysis and categorization. This would be a good case for assessed work, but is too long and complex for a traditional examination. We will write a custom essay sample on Tep Case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Some notes on the Trans-European Plastics case 1. Why is TEP unable to deliver all its products reliably within the target of one week,and what effects might that have on the distributors? There are 24 machines working a standard (non-overtime) week of 105 hours. Thus, there are2520 machine hours available per week. There are 500+ stock keeping units (SKUs), eachtaking 3 hours to set-up, and the minimum run length is 20 hours. Thus, any batch takes at least23 hours of machine time. Theoretically, the maximum number of SKUs per standard(nonovertime)week is thus 2520/23 = 110. Thus, on average , each SKU could be made only every4. 5 weeks (500/110 = 4. 54) or even less frequently, because larger batches for popular itemswill occupy more machine time. This illustrates that it would be impossible to make all productswithin the one-week delivery window, and the company must operate a make to stock (MTS)system, with inventory levels based on forecasts rather than actual orders. The table of representative products shows two products out of 20 (10%) out of stock as at 2ndJanuary. In addition, there are three products at very low inventory levels (baby bath, storagebin (small), and dustbin and lid), all of which have stocks of less than two weeks’ usage. Thisindicates that stock levels for about 25% of the SKUs are low or zero, putting supply at risk. Analyzing the 20 products listed in Table 12. 8, the moulding time per product varies greatlybetween SKUs, as calculated in Table 1 below. Of the 20 products in the sample, six only needto be made once a year, or less frequently. The average batch moulding time is actually 137hours plus 3 hours set-up =140 hours. Thus it is only possible to make 2520 hours/140 hoursper batch =18 batches a week. On average , therefore, each of the 500 products can be madeevery 500/18 weeks = 27 weeks. For the high volume products such as the 10-litre bucket, theannual moulding hours (7333) exceed the time available on one machine (120 hours max ? 50weeks = 6000 hours), and thus the machine must be dedicated to the product, with no set-ups. The extra demand above 6000 hours’ production must be satisfied using a second mouldintermittently.