Oceanview ought to maximize its wealth through the decision it will make‚ or reduce its losses. Ocean view prepared a “decision tree” analysis to help them come up with decision problem. Based on the preliminary study‚ the company has four possible outcomes‚ depending on the decisions they will make: - - There is a 20% possibility that it will be the highest bid and acquire the property. In this case‚ Oceanview will wait for 6 months to decide. On the other hand‚ - There is 80% probability
Premium Risk Decision theory Marketing
audit. This will allow for ease of travel for all auditors involved. This will also lend to the knowledge the firm has of the business and all relevant operations pertaining to Oceanview Marine Company. 2. The financial statements are organized in an easy-to-read fashion. They support that Oceanview is a healthy company and has been for the past three years. The past three years have been audited annually in accordance with their bank and management decisions. Concerns about Acceptance 1. The
Premium Management Marketing Health care
West Marine Case Summary West Marine‚ a large boating and fishing retailer with over 300 stores in North America with more than 50‚000 products is planning the acquisition of BoatU.S. and the subsequent integration of the two supply chains. Although the management of West Marine has made significant progress in the implementation of CPFRprinciples over the six years since the E&B Marine acquisition‚ there are still qualms about how well the current Supply Chain and planning process can incorporate
Premium Forecasting Planning Supply chain
Case #8 Meli Marine Abstract In this analysis of the case Meli Marine‚ the current CEO David Tian is trying to decide if an expansion to TS vessels would be the right move when trying to rebuild the Meli financial state. This case will discuss many factors that will play into the final decision. Introduction Shipping Industry The shipping industry provides the links required for global commerce‚ making international trade possible. This industry is comprised of four segments: container shipping
Premium Containerization Variable cost Cargo
Meli Marine Case Study Strategy Analysis Significant Factors For Attractiveness of The Industry • Global commerce trade is primarly dependent on trans-ocean shipping; roughly 90% of general cargo is shipped via container Based on the container shipping value chain‚ there are several segments to expand and integrate the business and enter the market. This would provide benefit of business diversification hence decreasing risks According to the volume of growth of shipping lanes (Exhibit 6)‚ every
Premium Strategic management Containerization Customer service
Novaliches‚ Caloocan City. It was only in 1993 wherein it was first called MMFI and was transferred in Bitas‚ Cabanatuan City. It was also during this time that the foundation first offered bachelor courses in Marine Engineering and Seaman Training Courses. Among the courses offered are BS Marine Engineering‚ BS in Custom Administration aside from other technical courses. Presently‚ one of the courses I am handling is Computer 2 of the Bachelor of Science in Customs. Wondering what subjects other
Premium Statistical hypothesis testing Statistical significance Analysis of variance
The alternatives are: (there are several other budgeting methods‚ but we will not analyze all of them. I am looking for pros and cons in this section) x = multiplied by Advertising expenditures for this budgeting method are guided by how much competitors spend. Who is the competitor? Justify. One of Craft Marine’s competitors is Genmar Holdings. Genmar had sales estimated at 1.2 billion dollars. It was estimated that Craft’s Marine’s two main competitors spent 0.53% and 0.4% respectively. Calculation:
Premium Marketing Economics Competition
The purpose of this brief is to inform Marines on the Marine corps order for uniforms‚ appearance‚ and wear. Upon completion of this brief I am confident that you will have the knowledge and skills to properly wear the approved Marine Corps MCCUU uniform or “cammies” as commonly known. MCO P1020.34G is the Marine Corps order on uniforms and appearance. Its purpose is to ensure Marines present the best possible image at all times and continue to lead the way in military presence. This brief will
Premium United States Marine Corps
DATE : May 13‚ 2013 SUBJECT : Analysis of Marine Supply Financial Ratios and Suggestions for Improvements Thank you for allowing us the opportunity to work with your company. As requested‚ we have evaluated your company’s performance based on the existing financial results. Our analysis is based on financial ratios calculated from your provided financial statements. a. Liquidity According to the current ratio‚ it indicates that the company is still doing well in comparison to the industry average
Premium Accounts receivable
Regal Marine Question 1: State Regal Marine’s mission in your own words. Regal Marine’s Mission is to provide luxury performance boats to customers world wide using the strategy of differentiation. It seeks to attain this mission by using the following criteria in it’s differentiation: 1. constant innovation 2. unique features 3. high quality. 4. Value – this was mentioned in the video case. 5. Wide and different models – this was mentioned in the video case.
Premium Production and manufacturing Decision making Marketing