Week 2 Assignment - Decisions for Quarter One and Quarterly Business ReviewPart I: Decisions for Quarter One. Prior to working on your Decisions for Quarter One, review the following through the Growi
/ "Growing Your Business" - A Management Simulation Developing Project Project 02 Available Project Project 01 Project 03 No report from competitors Status Summary Status: No investing plan MARKET EXP ANSION We have come up with a way to extend the use of the reader to housekeeping, maintenance and dietary control in hospitals. This will involve a significant change to the interpreter , but it should increase the potential market for the readers by 50%.This will be expensiv e. We will need to spend $35,000 per quarter for the next three quarters o n this project. Any existi ng finishe d goods stock will have to be reworked at a cost of $25 per unit. The labor content will also go up by 10%. This will put a lot of strain on our suppl y chain. Make sure that we are considering these implications as we invest in this project.
We can crash the project and complete it in two quarters but this will cost $70,000 in each quarter . If we really want to beat the competition to market, we can do the project in one quarter , for a cost of $200,000. I think it's worth it. If we go ahead with this project and beat our competition, we will not only lead in this new segment of the mark et, but we should enjoy a beneficial "trickle down" effect on our share and value in the current market. R&D Contact Us (mailto:[email protected]) © 1991-2020, T ri Corporation. (http://www.tri-simulation.com/) Reginald Whimbush Hisco SWOT and STRA TEGY R &D F in ancia l S ta te m ents S upply C hain M gt
