Thursday, May 14, 2020

Fonderia Di Torino S.P.A. - 1148 Words

Finance Case Study: Fonderia di Torino S.p.A. Case Overview: Company considering purchase of Vulcan Mold-Maker automated molding machine. Machine prepares sand molds into molten iron using iron castings, automates manual intensive process. Questions: 1. Assess the economic benefits of acquiring the Vulcan Mold-Maker machine. What is the initial outlay? What are the benefits over time? What is an appropriate discount rate? Does the net present value (NPV) warrant the investment in the machine? Assume that with ordinary maintenance, the semi-automated equipment could be operated for two more years beyond its depreciable life. Given: Total Cost New Machine = 1,010, 000 Euros Depreciated over 8 yrs; replace after 8yrs.†¦show more content†¦Labor costs will be reduced by almost 298,334.4 euros (24*7.33*8*210 + 2*3*7.85*8*210- 2*2*11.36*8*210=298,334.4) and additional 5,200 euros will be saved as a result from improved labor efficiency. 2. What uncertainties or qualitative considerations might influence our recommendation? How, if at all, would an inflation rate of 3 percent(or higher) affect the attractiveness of the Vulcan Mold-Maker? Please estimate the impact on NPV from a change in any of these elements. ïÆ'Ëœ NPV and EAA proved that the company should invest in the new machine. However, there are still some uncertainties that might affect the attractiveness of the new machine. Federia Torino S.p.A still has to decide whether the tough collective-bargaining agreement the company has with the employees union would allow the company to lay off the 24 operators of the semi-automated machines. Reassigning the workers to other jobs might be easier, but the only positions needing to be filled are those of janitors, who are paid 4.13 euros an hour. The extent of any labor savings would depend on negotiations with the union. If the workers are reassigned as janitors, NPV will decrease due to increase in labor costs. ïÆ'Ëœ Secondly, the company is still unsure when added capacity of the new machine would be needed. The old machines currently operate at only 90 percent of capacity. The projection as to how much capacity of the new machine will be utilized, will have aShow MoreRelatedFonderia Di Torino S.P.A.1704 Words   |  7 Pagesconsidered before the project is accepted or rejected. Question 1: What is the basic nature of the problem in this case? Answer: The basic nature of the problem in this case is all about capital budgeting issue that was being faced by Fonderia di Torino S.p.A. in decided to have some resources investments in order to manage their production throughputs. Managing director of this specialty foundry must decide whether to approve a major investment to automate part of her plant s production processRead MoreEssay on Fonderia Di Torino S.P.A.1076 Words   |  5 PagesFonderia di Torino S.P.A. Case analysis report Fonderia di Torino S.p.A, founded in 1912 by Benito Cerini, was a manufacturing company who produced metal castings using semi-automated molding machines. The company’s main line of business was the production of precision metal castings for use in automotive, aerospace, and construction equipment. The company excelled at this and was awarded because of the quality of its products. The mainly European customers of Fonderia di Torino were original-equipmentRead MoreFonderia Di Torino S.P.a Essay727 Words   |  3 PagesFonderia di Torino, S.p.A Midterm Individual Case Fonderia di Torino, S.p.A is a manufacturing company who produces metal castings using six semi-automated molding machines. However, they are currently considering purchasing a Vulcan Mold-Maker machine to replace the six machines currently in place. The firm needs to consider all costs in deciding whether to keep the current machines or purchase the Vulcan Mold-Maker. Buying the Vulcan machine will result in year 0 outflows of 1.01 millionRead MoreFonderia di Torino S.P.A. Case Study860 Words   |  4 PagesFonderia di Torino S.p.A. 1. Please assess the economic benefits of acquiring the Vulcan Mold-Maker machine. What is the initial outlay? What are the benefits over time? What is an appropriate discount rate? Does the net present value(NPV) warrant the investment in the machine? Initial Case Outlay Price of new machine (1,010,000) Current after-tax market value of old machine [130,000+{(415,807-130,682) -130,000}*0.43]= 196,704 Net outlay for new machine -1,010,000+196,704 = -813,296 Appropriate

Wednesday, May 6, 2020

How the Mobile Paradigm May Affect the Nature and Limits...

Introduction With the rapid growth of mobile computing, mobile device become a necessary tool in our daily life. Without mobile device our life quality, efficiency will totally decrease. Users just need to connect to network and gather information they want in a few second. Although mobile devices bring us convenient, mobile devices contain large amount of personal data, including emails, photos, contact data, financial, and medical information, privacy issue [1] occur due to users unknowingly expose their privacy through mobile application, camera, network etc. and their use poses a serious threat to both personal and corporate security. It greatly extending the reach of technology and raising concerns that prevailing traditions of privacy may be challenged. In order to examine how the mobile paradigm may affect the nature and limits of privacy, those natures can be carried out though three views: Accessibility Privacy, Decisional Privacy, and Informational Privacy. Accessibility Privacy This aspect of privacy overlaps with informational privacy in cases where acquisition or attempted acquisition of information involves gaining access to an individual [2]. However, it also extends to cases where physical access is at stake. Camera Nowadays, cameras embedded in mobile devices have become so widespread in whole world. As the evolution of camera phone technology, the picture quality has increased while the total size of photo has decreased. Those mobile devices can be usedShow MoreRelatedOn Demand Computing Cloud Computing Essay4265 Words   |  18 Pagesresources provided to the user on demand. Cloud computing is new paradigm that uses dynamically scalable shared resources e.g. networks, servers, storage, applications and services. It provides different cloud services through which resources can be swiftly providing and released with minimum management efforts. In this paper, we aim to pinpoint the types of cloud, services and difference that shows how effective cloud computing from other paradigm (Grid computing, Utility computing and Mainframe). Last,Read MoreThe Social Information Processing Theory Essay2258 Words   |  10 Pagesincreased aversion to in-person communication. Originally based on early compu ter technology, the social information processing theory (SIP), developed by Joseph Walther (Griffin, 2012) in the early 1990’s, derived from relevance from the asynchronous nature of computer mediated communication at the time. As technology has evolved, computers are no longer the only device available for mediated communication. Smartphones, tablets and high-speed cellular technology have expanded the consumer’s optionsRead MoreCloud Computing4628 Words   |  19 Pagesaround the world. In June 2009, a study conducted by VersionOne found that 41% of senior IT professionals actually don t know what cloud computing is and two-thirds of senior finance professionals are confused by the concept[ highlighting the young nature of the technology. In Sept 2009, an Aberdeen Group study found that disciplined companies achieved on average an 18% reduction in their IT budget from cloud computing and a 16% reduction in data center power costs. Cloud Computing Segments Applications:Read MoreCustomer Relationship Management and Customer Loyalty: Successful Marketing Strategies of the Banking Industry in Hong Kong17571 Words   |  70 Pagesrelationship management is applied in almost all progressive organizations. The concepts of CRM are widely applicable and implementable in different industries. The services industries are one of the most applicable industries with requisite of CRM as the nature of business and operations is affected through internet. It is essential to understand the applicability of the CRM concepts as it can also be misunderstood in terms of providing service to customers. A long terms relationship with clients is theRead MoreFactors Influencing the Adoption of Cloud Computing by5336 Words   |  22 Pagesarchitecture focuses on delivering pooled resources instead of management of the infrastructure. * Pooled resources, virtualization, automation and dependable, high-speed network connectivity accomplishes elasticity and dynamism. Cloud providers may provide a self-service model with an as-needed capacity. * Utility model of consumption and allocation is realized allowing more cost efficiencies and controllable and predictive costs. Based on this list, one can view cloud computing as an onRead MoreMarketing and Internet Service Industry Essay example10345 Words   |  42 Pagesfrom Google China. Most analysts concur that Baidu is on track to US$1 Billion in revenue this year. (TechNode, 2009) In short, if you want to talk about The Internet, you need to understand China. And you need to understand Tencent. Do you know how Tencent makes money? Some say the reason for the success of local Chinese companies, and the failures of American entrants, is due to Chinese government protectionism. To some extent that is true, but its certainly not the whole story. This studyRead MoreMarketing and Page Ref14698 Words   |  59 PagesWhich of the following contact methods is generally the LEAST flexible? Mission statements should be realistic and general in nature A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. Nathan Zabalas owns a regional chain of drug stores. Before expanding nationwide, Nathan is conducting marketing research to determine the best options for opening new stores. He plans to start by collecting secondary data. Which of the following is NOT a source of secondaryRead MoreNsa Capstone Project Essay16270 Words   |  66 Pagesthis is the times at which our employee’s will be working, on regular hours. Overtime will be permitted on this project. Once started installation can begin on every site. This is a preliminary schedule that will give a basic outline of how the work schedule may go. Start Time End Time 8:00 am 5:00 pm Saturday June, 15th–16th, 2013: ï‚ · Installation of up to date and future proof cabling (CAT 6) and outlet fittings ï‚ · Start Time 8:00 am End Time 5:00 pm Finishing of cable andRead MoreNetflix Strategic Management7016 Words   |  29 Pagestechnologies. Netflix’ intention to be usable on every device is the company’s stretch goal. The effort to become primarily a content streaming company is a long-term challenge due to the mentioned content licensing liability that would adversely affect the business if obstructed (SEC Filings, 2013). Regardless of any ambitions, there are difficulties that the company has had to face, forcing Netflix to change their long-term strategy. â€Å"Prior to July 2011, in the (United States) †¦ subscribers couldRead MoreCloud Computing Security67046 Words   |  269 Pagesreserved. You may download, store, display on your computer, view, print, and link to the Cloud Security Alliance Guidance at http://www.cloudsecurityalliance.org/guidance/csaguide.v3.0.pdf subject to the following: (a) the Guidance may be used solely for your personal, informational, non-commercial use; (b) the Guidance may not be modified or altered in any way; (c) the Guidance may not be redistributed; and (d) the trademark, copyright or other notices may not be removed. You may quote portions

Tuesday, May 5, 2020

Mintzbergs Management Roles free essay sample

Managers’ roles are considerably critical for any kind of organization everywhere in the world. Managers have the responsibility to ensure that employees’ works are done correctly in order to accomplish organization’s goals. This managing process has become very important for an organization by dividing job responsibilities, so that the efficiency and effectiveness of tasks are more achievable. For instance, a manager is doing all three levels managerial roles at the same time. It’s not impossible, yet it’s highly energy consuming plus the works she/he had done wouldn’t be likely to get to certain standards.It concludes that the roles brought to a manager will reflect her/his actual job. Consequently, in this essay, most of the discussions are related to Mintzberg’s Ten Roles. Mintzberg’s Ten Management Roles (1973) were specified into three categories: interpersonal roles (figurehead, leader, liaison); informational roles (monitor, disseminator, spokesperson); and decisional roles (entrepreneur, handler, allocator and negotiator). We will write a custom essay sample on Mintzbergs Management Roles or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page All ten managerial roles stated above are essential to all three managerial levels with of course, different portion. The first category of Mintzberg’s management roles is the interpersonal roles.Interpersonal roles are managerial roles that involve people and other duties that are ceremonial and symbolic in nature. (Robbins et al. , 2008). In other words, interpersonal roles can be described as a managerial performance that is assumed to interact and coordinate with employees as a part of acknowledging organizational visions. Interpersonal roles are simplified into figurehead, leader and liaison. Figurehead is a symbolic head; obliged to perform a number of routine duties of a legal or social nature. (Mintzberg, 1973, as cited in Robbins et al. , 2008).A figurehead represents what tasks are done by his/her team, which things are necessary to get the jobs done more effectively and efficiently (at lower-level manager) and so on. At the top-level manager, this role usually has the responsibility to work with outside world, such as signing a new dealing contract with future corporate cooperation. It provides members and non-members alike with a sense of what organization is about. (Hahn, M. 2007). At middle-level manager, he/she is responsible for the representations carried from all lower-level managers. At first-line managerial level, figurehead plays as the representation of subordinates.The second role is leader. Leader can be simply defined as the one who leads or directs the way. An organization needs constant improvements so that it is able to compete in the real world. Consequently, a leader must be able to direct and nurture the workers under his/her responsibility through training and motivating in order to achieve the organization’s goals. These training and motivation programs will at least, diagnose workers’ needs. Therefore, the jobs will possibly be easier to be done up-to standards. At the first-line manager level, leadership is very substantial to organization’s improvements.