SWISS ARMY KNIFE - HOW IT'S MADE

Topics: Swiss Army knife, 1979, 1973 Pages: 29 (2587 words) Published: October 13, 2013

How It’s Made Project – Swiss Army Knife

Contents
Background …………………………………………………………………………………………….……………………………….. 3 Questions and Learning Objectives ………………………………………………………………………………….………. 4 How It’s Made ……………………………………………………………………………………………………………….………… 5 Activities Flow Chart …………………………………………………………………………………………………….…………. 7

Chart
Table 1
Table 2
Table 3
Table 4
Per Unit Calculations
Table 5
Job Costing ………………………………………………………………………………………………………………….…………… 9
Job Order (Customers & Vendors)
Job T-Accounts
Cost Behavior 12 Month Analysis ………………………………………………………………………………………….. 13
Table 6
Cost-Volume Profit Relationship ……………………………………………………………………………………………. 13 Problem and Solution ..………………………………………………………………………………………………………….. 14 Questions and Learning Objectives Answered ……………………………………………………………………….. 15 Conclusion …………………………………………………………………………………………………………………………….. 17 Bibliography ………………………………………………………………………………………………………………………….. 18 Background

Pocket knives have been a constantly growing market over the years. A foldable knife with a multitude of various blades that fit inside a conveniently transportable handle catches the eye of outdoor and every day hobbyists alike. This 2 to 6 inch tool can be used for a multitude of purposes from cutting wire to screwing in bolts on a car. No matter if used as a handy man’s tool or a self-defense weapon pockets knives dominate the market when it comes to a ‘wizy go fast’ gadget in this evolving independent market place.

The pocket knife can be classified in different categories developed throughout history. Dating back to the Iron Age’s (600BC) these makeshift knives comes in many designs – from bone crafted Iberian folding blades of Spain, to pivoting peasant knives of England, and to the more modern slip joint knives of the industrial revolution (1600), pocket knives greatly evolved over the past 2.5 million years. Many variations of small portable knives are on the market, however popular multi-tool knives reign at the top of the market. The camper style or, better referred to as, the Swiss Army Knife, manufactured by Victorinox, Wenger solely in Switzerland, encompass a make-up of versatile tools dominating the market with an ever growing number of loyal customers.

Victorinox Wenger started as a family business cutlery workshop in 1884 by Karl Eisneer. Soon after his innovated knife design hit the market this practical use tool was contracted by the Swiss Army. The idea was to create a multi-functional tool to meet the needs of the Swiss Army which initiated the legacy of this quality product. In addition to what made this particular product into a consumer icon were the many stories accumulated throughout the years concerning great adventures, memorial moments, and expeditious rescues that highlighted the capabilities and dependable craftsmanship these Swiss army knives continually provide; thus making them the world’s largest pocket knife producer.

Questions and Learning Objectives
1. What is the Swiss Army Knife’s production line process? 2. How does Victorinox price its products to meet maximized profit? 3. How does Victorinox innovate to compete with growing competitors and pirated products? 4. How does Victorinox improve its product to better meet consumer’s desires? 5. What are the costs incurred?

6. What are issues faced during production?
7. How is the work force selected for the production line?
8. What features make the Swiss Amy Knife unique and the icon product in their market? 9. What issues has Victorinox faced as a corporation?
10. Where does Victorinox hope to go next in the market?

How It’s Made
The Victorinox Swiss Army Knife is massed produced (batch production). Every day up to 6,000 individual Swiss Army Knives may be produced. With any product the knife is designed, re-engineered, and prototyped to ensure build. Once the design is finalized stamp molds are made for the machine to make the proper cut outs for each part. Each...

Bibliography: Discovery Communications LLC. “Pocket Knives”. How It’s Made. 2013. Online: .
Google. “Images”. 2013. Online: .
Victorinox. “About Us”. Ibach-Schwyz. 2013. Online: .
Walnut Hill. “About”. Swiss Knife Shop. 2012. Online: .
Youtube. “Swiss Army Knife Victorinox Factory”. TV First. 2013. Online: .
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