Acme Industries manufactures microwave ovens with a production workforce of 450 full-time workers. The process includes using pneumatic screwdrivers and drills and manually lifting boxes weighing up to 35 pounds from a height of 24” to a height of 36”. Over the past year, there have been 35 cases of carpal tunnel syndrome and 15 cases of lower back strain reported. There were 850,000 total work hours at the facility for the year.Calculate the combined incidence rate of MSDs and CTDs for the facility for each 100 full-time workers per year. Compare the rate to the industry rate of 1.5/100 workers/year. Do you believe the incidence rate for Acme Industries is a problem?Describe how you would conduct a worksite analysis of ergonomic issues related to the MSDs and CTDs present at the facility. Make sure you list the risk factors that you believe are related to the injuries. Include a discussion of how you would determine if physical stress is a risk component in the injuries and illnesses.Finally, recommend some strategies that you believe could be used to address the MSDs and CTDs at this facility. Which regulation, standard, or guideline would you use to address the issues?Your case study should be a minimum of two pages in length, not counting the title and reference pages. You are required to use at least two outside sources, one of which may be the textbook. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying APA citations.Resources
Zero Plagiarism, also you MUST use my tectbook as a reference and also in-text citation:
Goetsch, D. L. (2018). Occupational Safety and Health for Technologists, Engineers, and Managers (9th Edition). Pearson Education (US). https://online.vitalsource.com/books/9780134699912
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but i want that the tutor check concerns my professor have in marketing plan and considering those feedback please make only 1 st 3 points according to market outline because my tesm give me first 3 points to do. market outline is in the link
Forestcraft[TR1] is a backpack company which manufactures hightech[TR2] backpacks made of recyclable materials, natural fabrics, foam, buckles, zippers, etc. Mainly[TR3] we focus on selling multiple types of backpacks which can be used as a fashion statement, school, for grocery and mainly Camping[TR4] which gives us the name Forestcraft. These backpacks would have features like power backup to charge phones, GPS tracking, digital password lock and many more[TR5] . Our goal is to gradually increase the categories, to satisfy customers’ wishes by providing good quality products to be added on time and mainly to deliver a message and spread awareness to protect environment.
FINANCIAL VIABILITY
Initially, capital would be contributed by the Co owners and it can also be borrowed from banks and investors. We would adjust the production and inventory held according to the sales and feedback. The proper utilization of assets can keep the business up and running and control, decrease costs, and enhancing the enterprise values.. We could make earnings to our business with the aid of using removing obligations and activities that don’t upload cost to the business enterprise or customer. We utilize maximum of the recycling substances. So each dollar we save with the aid of using removing the value of factors in our companies profit. We can shorten our sale cycle in addition to its velocity up. We additionally make adjustments to working procedures[TR6] .
SALES AND MARKETING
Providing excellent products and services is fantastic, but buyers must be aware that they are available. For our target market, we will not be the cheapest option. Our objective is to supply backpack that ranges from mid-range to high-end. By using our brand our costumers could make a statement as our brand promotes environment protection and it could b a advertisement in itself
Initiatives on the internet. Our website will bring in new customers to our store. To give discounts and incentives, we will form partnerships with local companies that serve our target demographic. We would regularly arrange promotional activities are held. Regular events, such as demos and other activities, such as website descriptions, print advertisements, and web-based advertising campaigns[TR7] .
BUSINESS SUSTAINABILITY
In the terms of business sustainability means running a business without negatively impacting the environment or society at all. Our business of manufacturing backpacks has near to zero negative impacts on business as we use recyclable & natural materials like jute and rubber. Forestcraft would help the society by creating more job opportunities in both urban and tribal areas as Forestcraft’s raw material would be derived from forests and the labor force is used to produce the goods. Our business is using the resources from the environment and taking care of it in terms of using environment-friendly products in manufacturing process. We will also plan to participate in some social programs while keeping in mind about the financial state of the business or as per our income. We will help the society in solving different issues regarding environment. We will make proper waste disposal systems to prevent any spread of bacteria and virus which can cause harmful diseases. We will focus on optimizing the supply chain to reduce greenhouse gas emissions. Our company will be mostly operating renewable energy sources to power facilities. Our business will focus on both earning profit and serving the best to the society like we will offer good quality products to our customers which will improve demand for our products and improve the brand image which is beneficial for the company[TR8] .
CONCLUSION
Forestcraft’s main goal is to promote environment friendly materials which made our slogan “Forestcraft is from the nature, by the nature and for the nature”. [TR9] Our brand would bring lots of enthusiasm in the youngsters as our backpacks would act as both fashion statement and a message. The high-tech features in the backpack takes out the boredom out as well makes it easier to deliver the message
from proffessor follwing concerns
I have some major concerns about the company/product profile.
1. This is a manufacturing business. Who are your customers? I specifically asked the teams to create a business that sells to the final user, the consumer. It is unclear who the customers are in this company profile.
2. Why the backpack idea? Why do you believe there is demand for this product? There is no discussion about the market and its needs/wants/ preferences?
3. How is this product unique? Why would customers pay for this backpack?
Please discuss these questions with your team to clarify the business idea. Otherwise, it will be extremely difficult to continue with the marketing plan.
[TR1]Indent the first line of each paragraph to show APA format.
[TR2] spelling error.
[TR3]Spacing error.
[TR4]Cap. Error.
[TR5] Just curious, why would you need a high-tech backpack to go camping? The two ideas seem contradictory. A lot of places where people camping/backpacking do not have access to technology. So would power backups and phone charges and digital technology be useful in this situation.
[TR6]Financial viability refers to your discussion about the fact that this business idea could actually generate a profit for the company. Convince me that the market is willing to pay for your backpacks.
[TR7] how can you include sales and marketing when it is still unclear about the company’s products and target market?
[TR8] this paragraph has some relevant ideas. However, you need to be very specific. For example, how do you intend to optimize supply chain to reduce greenhouse gas emission? Are you a manufacturer or are you just a retailer? Both of these types of businesses have different impacts on the environment.
[TR9] why is the mission statement included in their conclusion? This should have been discussed early in the company profile
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Premium papers. We provide the highest quality papers in the writing industry. Our company only employs specialized professional writers who take pride in satisfying the needs of our huge client base by offering them premium writing services Forestcraft[TR1] is a backpack company which manufactures hightech[TR2] backpacks made of recyclable materials
Before starting on this assignment, make sure to carefully review the background readings. Part A requires you to make some computations, and Part B requires you to analyze some scenarios using your knowledge of the concepts. So make sure to go through the computational examples in the required readings and also thoroughly review the key concepts before starting on this assignment.
Case Assignment
Part A: Quantitative Problems
Suppose QuickCharge Corporation manufactures phone chargers. They sell their chargers for $20. Their fixed operating costs are $100,000 and their variable operating costs are $10 per charger. Currently they are selling 30,000 chargers per year.
What is QuickCharge’s EBIT (earnings before interest and taxes) at current sales of 30,000?
What is QuickCharge’s breakeven point?
Calculate the EBIT if QuickCharge’s sales increase 50% to 45,000 chargers. What is the percent of change in EBIT under this increase in sales? Also, calculate the EBIT if the company’s sales decrease 50% to 15,000 chargers. What is the percent of change in EBIT under this decrease in sales?
What is QuickCharge’s degree of operating leverage? Based on your computation, what does its operating leverage say about QuickCharge’s business risk?
The StayDry Umbrella Corporation will have an EBIT of $100,000 if there is a normal amount of rain this year. But if there is a drought, they will have an EBIT of only $50,000. The interest rate on debt is 10%, and the tax rate is 35%. The company does not pay any preferred dividends.
If StayDry has zero debt and 50,000 outstanding shares, what will its EPS (earnings per share) be if there is normal rain? What will its EPS be if there is a drought? What is its DFL (degree of financial leverage)?
Now suppose StayDry has decided to take on $300,000 in debt and has used these funds to buy back half of the outstanding shares so now there are only 25,000 outstanding shares. What is the new EPS and DFL for both normal rain and drought?
Based on your answers to a) and b) above, what are the trade-offs management has to make between zero debt or $300,000 in debt? What are the benefits and disadvantages of taking on this debt?
Part B: Conceptual Questions
For each of the following scenarios, explain whether the situation describes financial risk or business risk. Explain your answers to each scenario using at least one of the references from the background readings:
A pharmaceutical company has developed a new cancer treatment drug that has a much higher success rate than other drugs currently in the market. It has the potential to triple the company’s profits. However, the FDA has expressed concern about some side effects, and it is not clear if the FDA will approve the drug.
An airline has an EBIT of $100 million per year. However, it also has a huge amount of debt and pays $97 million per year in interest. Its EBIT is relatively stable but tends to go up or down by $5 million or so each year depending on the economy.
A basketball franchise earns an EBIT of $50 million a year when its team has a winning year. However, it earns only $10 million when its team has a losing year.
Explain what capital structure theory (or theories) best describes the following situations. Make sure to cite at least one of the required textbook chapters for each answer, and to cite at least two references for this section:
A CEO decides to borrow $50,000 in new debt, and the share prices rise dramatically. He then decides to sell half of his own personal shares, and when this is reported in the Wall Street Journal, the share prices drop dramatically in value.
The corporate tax rate rises from 35% to 45%, and the XYZ Corporation decides to issue more debt. A year later, bankruptcy laws are changed to become much stricter and costlier. XYZ then decides to pay back half of its debt.
A CEO named Joe Bigwig is known for living large with very expensive cars and a huge mansion. Joe is seeking a large loan from a bank to finance some new projects for his corporation. However, the bank becomes concerned when they find out that he recently used company funds to buy a brand-new company jet and also schedules numerous business trips to Hawaii and stays in five-star hotels. The bank tells Joe he will receive the loan only if he agrees to scale back on his personal expenses and not give himself or any other executives a raise until the loan is paid back.
Assignment Expectations
Answer the assignment questions directly.
Stay focused on the precise assignment questions. Do not go off on tangents or devote a lot of space to summarizing general background materials.
For computational problems, make sure to show your work and explain your steps.
Read the Scenario below and answer the questions (minimum 300 words)
You have recently been hired to work as the International Export Manager for a company that manufactures women’s shampoo and hair products (3 types and in 2 different package sizes – i.e. 6 SKUs total) in the US. After completing your initial research you have identified 2 potential markets for export – Mexico and Saudi Arabia. Using what you learned in our Week 2 and information that you find about the each country online or any other reputable and reliable source, answer the following questions:
1. Describe your target customer. Who will buy this product? Why would they buy your product? (Note: the product category: “Women’s Hair Products” is very broad. I have done this on purpose, so that you can be creative and set your own assumptions about what the product could be. So that you can answer the next two questions.)
2. Based on your research and your analysis in Question 2, identify the most important cultural traits for each country that will directly affect your sales and marketing in the each target country.
3. Based on what you found in Question 2, and your research, what changes will you need to make to the product in order to sell it in each of the countries? (List the specific changes for each country – 2 for each.
Make sure to clearly mark and number your answers.