George’s T-Shirts By Quantitative Analysis for Managers (MANA 6302 - NI) George Lassiter‚ a project manager for a defensive contract was also an owner for a successful side business of designing and manufacturing T-Shirts for special events for the past six years. He sold the T-Shirts to his vendors for $100 a dozen‚ while they sold them for $10 each making a profit of $1.67 on each shirt. This report is surrounded by a problem faced by George about decisions concerned about the appropriate
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AL-TADQIQ AL-SHARI’E 1. First line of defence describes the controls an organisation has in place to deal with the day-to-day business activities and operations. Controls are designed into systems and processes and assuming that the design is sound to appropriately mitigate risk‚ compliance with process should ensure an adequate control environment. There should be adequate managerial and supervisory controls in place to ensure compliance and to highlight control breakdown‚ inadequacy of process
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Al Capone is one of the most well-known mobsters in American History due to his booming success during the prohibition. His success was helped through his intimidation and his professional business attitude. Citizens in Chicago respected Capone mainly because they were scared of him but also‚ because he brought highly valued goods into the city. Al Capone’s actions during the prohibition drastically changed American policing and business in the 1920s. Capone was born in Brooklyn New York on January
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made the decision and I chose the poem “The Song of the Shirt”‚ because I really enjoyed how throughout the last years‚ women have improved their role in our society‚ enforcing their rights. Through this project I’m interpreting a poem that makes reference to the song the women sang while sewing for many hours non-stops. In addition‚ they were willing to give everything‚ despite the poor conditions in which they worked. My art is evidently related to the poem “The
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Travels of a T-Shirt Prologue 1. Describe Sherry Manufacturing Company-give a description. • Sherry Manufacturing is a T-shirt screen printing business in Florida. 2. From whom does Gary buy his t-shirts? • They import their t-shirts from China. 3. Who is Patrick Xu? • Patrick is a cotton t-shirt producer that exports t-shirts to Sherry Manufacturing. Chapter 1 1. How big is the Reinsch farm? How many t-shirts can be produced
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Executive Shirt Company‚ Inc HBR Case Study Existing Business • Executive Shirt Company (ESC) provides high-quality‚ competitively-priced men’s dress shirts • With the existing production system‚ custom-made shirts demand at least 75% higher price compared to off-the-shelf shirts • Customers are required to wait 6 weeks or longer to receive custom-sized shirts Expansion of Business • General Manager Dwight Collier decided to expand company’s product line • Several retailers expressed enthusiasm
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What are the possible financial outcomes if George orders 5‚000 shirts‚ 7‚500 shirts and 10‚000 shirts‚ respectively? Based on the information given in the case‚ the expected number of attendees is: E(x) = 80‚000*0.25 + 50‚000*0.5 + 20‚000*0.25 = 50‚000 people Selling price per shirt: $100/12 = $8.33 Discount price: $1.5 Scenario 1: Assumption: George orders 5000 T-shirts; cost: $17‚750; the number of attendees buy his T-shirts are 5%‚ 10% and 15% respectively The possible financial outcomes
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manufactures and designs special events T-shirts. He has owned this lucrative T-shirt business for six years and designed T-shirts for “special events” such as rock concerts‚ major sporting events‚ and special fund-raising events‚ provided cleverly designed‚ well-produced‚ and reasonably priced products. His product was not endorsed by event sponsors. He sold the shirts to his regular crew of vendors for $100 per dozen‚ and these vendors sold the public for $10 per shirt. Apart from this he was distributing
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Executive Shirt Comapny Question # 1 The table for current production‚ Mike and Ike’s plan is given below: Current Process Mikes Plan Ike’s Plan Regular Shirts Regular & Custom Shirts Regular Shirts Custom Shirts Actual Cycle Time (min/shirt) 0.5 0.5 0.67 3.9 Manufacturing Lead Time (days) 12.25 2.06 12.58 0.41 WIP inventory (shirts) 11760 1980 9060 50 Production Capacity (Shirts/day) 960 960 720 123 Current Production(Shirts/day) 800 900 800 100 Capacity utilization 83.33% 93.75% 111.11%
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Ramdas Case Study 2 : T-shirt Design I’m left with one semester of my MBA program and I am looking to paying back some hefty students loans. Even though I had to borrow money to complete the program‚ I thought it was a worthwhile investment. Nonetheless‚ I would like to repay some of my loans before graduating‚ if at all possible. I had recently taken entrepreneurial and small business classes and decided to put some of my knowledge to work. I suspect that a number of my fellow students would be
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