Submitted By djohnsontekguys

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Words 415

Pages 2

Lipman Bottle Company is a bottle distributor located in Albany, New York. The firm is operating in variable sizes of bottles and printing, but their profit is entirely from printing. The vice president, Robert Lipman, has a goal to make 30 percent margin and expand their business in New York-New Jersey area. Hence, he asked us to review their product line and costing information then give suggestions to increase profit and make a price list for the Albany area.

Analysis:

We completed the calculations finding variable costs per thousand bottles for a number of combinations. Table #1 summarizes the variable costs for the Albany area, which includes scrap. Table #2 summarizes the variable costs for the New York – New Jersey area, which includes shipping but not freight costs. We analyzed the data for bottle sizes 0-1 oz. and 17-32 oz., as well as order quantity ranges of 5,000-9,999 and 100,000-249,999. Full calculations and details can be found in Exhibits 1-8.

Mr. Lipman’s goal is to get 30% margin of the revenue. Exhibit 9 shows the break even, which means no gain or loss, the profit margin of 30%, and then the price calculated to achieve the margin of revenue Mr. Lipman wanted. We subtract the 30% of revenue; the break even should be the rest of 70% of revenue. So we use: Variable cost + Fixed cost/Total machine-hours ($106,944/16,000hrs) = Break even Total price (revenue) * (1-30%) = Break even

Thus, the suggested prices are shown in Exhibit 9. We found that 2 rounds cost almost twice as much as the 1 round. We also found as the bottle size increases, the cost is also increasing, but the higher order size, the lower cost.

In deciding which products to sell in the New York-New Jersey area we looked at the gross margin and the shipping costs. We assumed Mr. Lipman wanted the 30% profit margin to extend into this area of…...

...for bottles water has grown tremendously owing to its increased popularity. The industry has been growing at an average rate of 20% per year (Gleick, 2010, p. 15). Demand has grown over 500% in the last decade and a half. In the United States there is a demand of 79 liters of bottles water per person in a year, which has resulted in the sale of up to 30 billion in the sale of the product (Gleick, 2010, p. 17). This has been driven by increased population and the decreased quality of water supplies from the public mains. People have feared for their health and thus have opted for bottles water that is more purified and fresh. The consumption of bottled water in the United States fell in 2008 to 30 billion bottles compared to 2007 (Clarke et al, 2009, p. 28). Bottles water faces stiff competition from other beverages such as sodas. It is thus important that companies to reposition the product in order to get back to the positive growth trend. Repositioned Target Market The market for bottled water is quite large as water is a commodity that is essential to life. Bottled water may face competition from soft drinks and supplies from local authorities. Manufacturers of the product (bottled water) have used various methods in segmenting the market and obtaining potential targets. For instance, coca cola the manufacturer of Dasani, and Nestle have targeted minority groups. This is in line with the findings of the Pediatric department of Wisconsin Medical College. The company......

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...12 13 14 15 16 17 18 19 20 21 22 23 24 Separation 1 1 1 1 2 2 2 2 2 2 2 2 1 1 1 1 2 2 2 2 2 2 2 2 Type Round Round Round Round Round Round Round Round Oval Oval Oval Oval Round Round Round Round Round Round Round Round Oval Oval Oval Oval Place Albany Albany Albany Albany Albany Albany Albany Albany Albany Albany Albany Albany NY NY NY NY NY NY NY NY NY NY NY NY Size 0-1 0-1 17-32 17-32 0-1 0-1 17-32 17-32 0-1 0-1 17-32 17-32 0-1 0-1 17-32 17-32 0-1 0-1 17-32 17-32 0-1 0-1 17-32 17-32 Qty 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 7500 175000 Set-up time (hrs) 2 2 2 2 4 4 4 4 4 4 4 4 2 2 2 2 4 4 4 4 4 4 4 4 Time/1000 Bottles Setup Time 0.27 0.01 0.27 0.01 0.53 0.02 0.53 0.02 0.53 0.02 0.53 0.02 0.27 0.01 0.27 0.01 0.53 0.02 0.53 0.02 0.53 0.02 0.53 0.02 Operating Time 1 1 1 1 2.4 2.4 2.4 2.4 1.76 1.76 1.76 1.76 1 1 1 1 2.4 2.4 2.4 2.4 1.76 1.76 1.76 1.76 Total Time 1.27 1.01 1.27 1.01 2.93 2.42 2.93 2.42 2.29 1.78 2.29 1.78 1.27 1.01 1.27 1.01 2.93 2.42 2.93 2.42 2.29 1.78 2.29 1.78 Variable Cost Machine Hour Cost 18.5801 14.7763 18.5801 14.7763 42.8659 35.4046 42.8659 35.4046 33.5027 26.0414 33.5027 26.0414 18.5801 14.7763 18.5801 14.7763 42.8659 35.4046 42.8659 35.4046 33.5027 26.0414 33.5027 26.0414 Seperation......

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... BABY IN A BOTTLE by Benjamin Bautista The truth was, Mr. Libre felt sorry for his wife. He was very careful to hide it from her, of course, but day by day, through the years, as he saw her watching the shriveled half-black baby in the bottle, he felt more and more sorry for her. She would touch the bottle gently, once in a while, and run her hands fondly over the cold glass; inside, the stiff, skinless body of a four-inch boy now dead for five years, would bob up and down in the green alcohol. And then sometimes, slowly, to herself, she would smile. Mr. Libre‘s wife was a plain woman with high cheekbones and a sad mouth, who was only twenty-nine years old but whose eyes were no longer young. Mr. Libre himself was thirty-three but graying hair and some thick corded veins on his hands made him look older. He was a small man andvthin, and long hours of bending over receipts had given him a stooped posture and made him appear even smaller and thinner. Very often, whenever he could, Mr. Libre would try to walk to his wife to get her to start talking too, but it became harder and harder for them to find things to talk about. The talk always turned to the past and how different it might have been if they‘d had children. Mr. Libre didn‘t want to talk about those things but his wife did, and gradually, the pauses stretched longer and made them both uneasy. But he was always patient with her; even if he was tired or irritable he never showed it in any way. By now he had......

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...bottling company. The scenario is: Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the problem at hand and has asked you to investigate. You have your employees pull thirty (30) bottles of the line at random from all the shifts at the bottling plant. You ask your employees to measure the amount of soda there is in each bottle. Use the data set below. Bottle Number Ounces Bottle Number Ounces Bottle Number Ounces 1 14.5 11 15 21 14.1 2 14.6 12 15.1 22 14.2 3 14.7 13 15 23 14 4 14.8 14 14.4 24 14.9 5 14.9 15 15.8 25 14.7 6 15.3 16 14 26 14.5 7 14.9 17 16 27 14.6 8 15.5 18 16.1 28 14.8 9 14.8 19 15.8 29 14.8 10 15.2 20 14.5 30 14.6 Calculate the mean, median, and standard deviation for ounces in the bottles. The mean is found by getting a total of all the ounces in the bottles. The ounces total, 446.10 and divided by the number of bottles of 30 is 14.87. The median is the midpoint of the data array which is when the data is sorted by size, the median is 14.8. The standard deviation is found by taking each value in the chart and subtracting the mean and squaring the value; get a total sum of the value of the squares and divide by the number of values minus one. The standard deviation is .55. Construct a 95% confidence interval for the ounces in the......

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...Bottle Company Case Study Statistics MAT/300 As Manager of the Harley Bottle Company, I have been receiving complaints from customers on the quantity of product received when purchasing our sixteen ounces soda bottles. These complaints have caused my boss to worry and would like me to investigate the issue at hand. I will begin my investigation by instructing the employees to pull at random 30 bottles from all the shifts at the bottling plant. By pulling random containers from all shifts, I can eliminate the possibility of if being a human error. To start my investigation I begin by weighing the sample size of 30 bottles. The weight ranges between 14 oz. and 16.1oz., which lets be know there is a problem with our bottling consistence. For more detailed information to complete my investigation I must calculate the Mean, Median, and Standard Deviation of the sample size. * The Mean is the sum of the sample size in ounces divided by sample size. Based on the sample size of 30 bottles, there is a total of 446.1 ounces divided by the sample size of 30, gives is the mean of 14.87. = 14.87 * The Median is the data set middle number when the set is sorted in numerical order. Median of the 30 bottles is 14.8. * Standard deviation is the measure of how spread out the numbers is. To find the (Standard Deviation), you must find the square root of the variance. The is 0.5503. The Harley Bottling Company is very optimistic of is bottling process. I will now......

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...Physics Presentation - Egg in a Bottle Title of Experiment: Egg in a Bottle Physics Theory: Air Pressure Materials: Hard-boiled egg without shell Glass bottle with opening slightly smaller than the diameter of the egg Piece of paper Matches for fire Procedure: 1. Put the bottle on the table and light the piece of paper on fire with the match 2. Drop the lit paper in the bottle to fall at the bottom of the glass bottle 3. Set the egg on top of the bottle with small side pointed downward 4. Observe what occurs Results: 1. The egg sat on top of the bottle slightly wiggling while the fire burned. 2. The egg blocked any more air getting into the bottle resulting in the fire going out. 3. When the fire extinguished the egg was rapidly sucked into the bottle and drops to the bottom. Conclusion: 1. The pressure of the air inside and outside of the bottle is the same before the experiment began. Therefore the only force that would cause the egg to enter the bottle is gravity and the diameter is too small for just that force to work. 2. According to Gay-Lussac's law, the pressure of a gas of fixed mass and fixed volume is directly proportional to the gas's temperature. When we changed the temperature of the air inside the bottle, we changed the pressure of the air inside the bottle because the volume of air is constant therefore the pressure increased. 3. Heated air expands and tries to escape so when the fire...

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...Bottle Fed By Jon R Conibear I Giardia is an infection of the small intestine caused by a microscopic organism (protozoa), Symptoms: Abdominal pain; Diarrhea; Gas or bloating; Headache; Loss of appetite; Low-grade fever; Nausea; life-threatening if untreated. Mode of Transmision; Waterborne. Cholera is an infection of the large intestine caused by a microscopic organism (Vibrio cholera), Symptoms: Diarria, dehydration; life threatening if untreated. Mode of Transportation; Waterborne. Dysentery is a microscopic gastro-intestinal Entamoeba histolitica amoeba (Shingella dysenteriae bacteria), Symptoms; severe, often bloody diarrhea, vomiting, fever; life-threatening if untreated. Mode of Transmission; food/waterborne Cryptosporidiosis is a microscopic gastro-intestinal parasite (Cryptosporidium parvum protozoa), Symptoms; severe diarrhea; will cause death if immune system is impaired. Mode of Transportation; waterborne; resists chlorine; ozonation process is highly effective. These diseases are microscopic with funky names,......

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...The Water Bottle Industry Markets Water is something that anyone around the world could get from the tap for free, but now it is all the rage for the beverage industry. Bottled water has become the industry's fastest growing segment, both in volume and profits. Due to the consumer's needs and wants for a healthier lifestyle, the beverage industry provides a necessary product to the consumers, which is bottled water. Water is essential and with the demand to participate in a healthy lifestyle, the water industry will be successfully profitable. The market size for this industry has been growing and will continue to grow in a rapid pace. Over the past ten years, bottled water has moved from being the preserve of a relatively small market into the U.S. mainstream, with sales of about $7.5 billion, and that's only for water in bottles of 1.5 liters or less (Durr). According to the International Bottle Water Association, Americans spend $5.6 billion in 2000 on bottled water. By 2005, Americans will consume 7.2 billion gallons of bottled water, up from about 5 billion gallons in 2000, the association reported. A factor that will continue to drive the bottled water market is foremost the desire to live a healthy lifestyle. Which leads to the concerns of contaminants found in the tap water. People will pay high prices for water, just to be ensured that it is safe to drink the water that they purchased. Drinking lots of water also prevents dehydration. According to the......

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...Assignment 1: Bottling Company Case Study Due Week 10 and worth 140 points Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the problem at hand and has asked you to investigate. You have your employees pull thirty (30) bottles off the line at random from all the shifts at the bottling plant. You ask your employees to measure the amount of soda there is in each bottle. Note: Use the data set provided by your instructor to complete this assignment. Bottle Number 1 2 3 4 5 6 7 8 9 10 Ounces 14.5 14.6 14.7 14.8 14.9 15.3 14.9 15.5 14.8 15.2 Bottle Number 11 12 13 14 15 16 17 18 19 20 Ounces 15 15.1 15 14.4 15.8 14 16 16.1 15.8 14.5 Bottle Number 21 22 23 24 25 26 27 28 29 30 Ounces 14.1 14.2 14 14.9 14.7 14.5 14.6 14.8 14.8 14.6 Write a two to three (2-3) page report in which you: 1. Calculate the mean, median, and standard deviation for ounces in the bottles. 2. Construct a 95% Confidence Interval for the ounces in the bottles. 3. Conduct a hypothesis test to verify if the claim that a bottle contains less than sixteen (16) ounces is supported. Clearly state the logic of your test, the calculations, and the conclusion of your test. 4. Provide the following discussion based on the conclusion of your test: a. If you conclude that there are less than sixteen (16) ounces in a bottle of soda,......

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...Assignment 1: Bottling Company Case Study Due Week 10 and worth 140 points Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the problem at hand and has asked you to investigate. You have your employees pull thirty (30) bottles off the line at random from all the shifts at the bottling plant. You ask your employees to measure the amount of soda there is in each bottle. Note: Use the data set provided by your instructor to complete this assignment. Bottle Number Ounces Bottle Number Ounces Bottle Number Ounces 1 14.5 11 15 21 14.1 2 14.6 12 15.1 22 14.2 3 14.7 13 15 23 14 4 14.8 14 14.4 24 14.9 5 14.9 15 15.8 25 14.7 6 15.3 16 14 26 14.5 7 14.9 17 16 27 14.6 8 15.5 18 16.1 28 14.8 9 14.8 19 15.8 29 14.8 10 15.2 20 14.5 30 14.6 Write a two to three (2-3) page report in which you: 1.Calculate the mean, median, and standard deviation for ounces in the......

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...I am a manger over a bottling company called Smith Bottling. I have been the manager with this company for the past 10 years and this is the first complaint of this magnitude and I want to ensure that the issue is proved and resolved. We have been getting complaints from customers that the 16 ounce bottles are less that advertised. We pride ourselves here on customer service and want to ensure all customers are receiving what they pay for and happy with their purchase. First step was to obtain samples to test. I asked a few employees to obtain 30 bottles (wanted a good range of sample). The initial weights of the samples taken for review were 14oz. and 16 oz. After taking these samples, I have to bring myself to the realization that there was in fact a problem with the bottling amount. I thought by calculating the Mean, Median and the Standard Deviation, I could come up with better numbers and provide a better detail to my investigation. The mean is the total of the samples divided by the actual number of samples that were taken. Since I took 30 bottles, and the total numbers of ounces were 446.1 this provides a mean of 14.87. The median is the middles number once all samples are sorted in numerical order. I figured the median to be 14.8. The standard deviation is the distance each number is from the next number. I had to find the square root of the variance giving me a number of 0.5503. Smith Bottling is hopeful of our process and wants to make sure......

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...Lipman Bottle Company Summary: Lipman Bottle Company is a bottle distributor located in Albany, New York. The firm is operating in variable sizes of bottles and printing, but their profit is entirely from printing. The vice president, Robert Lipman, has a goal to make 30 percent margin and expand their business in New York-New Jersey area. Hence, he asked us to review their product line and costing information then give suggestions to increase profit and make a price list for the Albany area. Analysis: We completed the calculations finding variable costs per thousand bottles for a number of combinations. Table #1 summarizes the variable costs for the Albany area, which includes scrap. Table #2 summarizes the variable costs for the New York – New Jersey area, which includes shipping but not freight costs. We analyzed the data for bottle sizes 0-1 oz. and 17-32 oz., as well as order quantity ranges of 5,000-9,999 and 100,000-249,999. Full calculations and details can be found in Exhibits 1-8. Mr. Lipman’s goal is to get 30% margin of the revenue. Exhibit 9 shows the break even, which means no gain or loss, the profit margin of 30%, and then the price calculated to achieve the margin of revenue Mr. Lipman wanted. We subtract the 30% of revenue; the break even should be the rest of 70% of revenue. So we use: Variable cost + Fixed cost/Total machine-hours ($106,944/16,000hrs) = Break even Total price (revenue) * (1-30%) = Break even Thus, the...

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...company’s positioning, the company’s brand, the customers, the competition and the marketing environment (Kotler & Keller, 2012). Companies use many methods to determine the prices for products that will generate better revenue. The owner or boss of a small business will often be the ones that determine the pricing strategy but in a big corporation, the pricing strategy will be established by the top management. The divisional, product and line managers of the big corporation use the pricing strategy policies and objectives approved by the top-management team (Kotler & Keller, 2012). Lipman Bottle Company is a bottle distributing company that offers bottle label printing solutions to their customers. Lipman Bottle Company launched its operation in 1909 and had become the leading bottle distribution company in Albany (Anthony, Hawkins, & Merchant, 2011). Over the past two the use of plastic has increased because of its use in manufacturing bottle caps, lids, spray pumps and also because distributors had the technology that allowed them to print directly labels onto bottles, making it convenient and more cost effective for users to purchase both solutions from one vendor. In November 1982, Robert Lipman the vice president of Lipman Bottle Company wanted to develop a pricing strategy that could be recommended to his father that will help the company generate 30 percent profit margin and allow expanding their business into the New York – New Jersey area. The process of......

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...Appendices 19 References 21 Introduction Lipman Produce is a leading producer and distributor of fresh vegetables and fruits, specializing in tomatoes. It is the largest field tomato grower in North America, and operates through a vertically integrated network of research & development, farming, processing, repacking and procurement. The company packs an average of 15 million boxes of tomatoes each year, including Cherry, Florida Silk, Vintage Ripe, Garden Jewel and Roma varieties. In addition to tomatoes, Lipman also packs and ships cucumbers, melons, eggplants, peppers, potatoes, and squash. Its customers include wholesale, retail, and foodservice customers. The company is owned and operated by the Lipman family; and is based in Immokalee, Florida. It was founded over eight decades ago by Max Lipman, and was originally called Six L’s Packing Company Inc. Even though it has been re-branded, its core values have always remained the same: “Building lasting relationships with our customers, being responsible with our natural resources and the health and wellbeing of our people and families” (Lipman Corporation, 2011). Lipman commands a large percentage (12%) of the $1.28 billion tomato industry and employs approximately 4,000 workers in 22 locations throughout North America. It has seasonal operations in Florida, South Carolina, Virginia, Maryland, Pennsylvania, and California. As a leading supplier of fresh tomatoes and vegetables, Lipman Produce has evolved into the......

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...Operations Management Case Study - 2 Benny Breweries: Bottle Replenishment THE BOTTLE REPLENISHMENT DECISION Early in 2004, Manish Krishnan, purchasing manager for Benny Breweries, Mangalore, was trying to determine how many bottles to purchase in the coming year. During 2003, the market had leveled off, and 2004 sales predictions were difficult. On the one hand, Krishnan wanted to be sure that sufficient bottles were available to supply 2004 sales levels, yet also wanted to minimize year-end inventories. Covered storage space for empty bottles was tight, and a bottle design change seemed possible in 2005 or 2006. COMPANY BACKGROUND Benny Breweries was located in Mangalore. Over the years, the company had established an excellent reputation. Benny Beer had begun to gain popularity of late, and as a result, a modest market expansion started in 2000. In February 2004, sales reached the highest level in the company’s history. However, in 2003, the sales increase had been well below the trend average (see Exhibits 1 and 2). Four sales peaks occurred during the year: Holi, Christmas, Easter and Onam (refer appended note). Holi was the highest sales period but each peak caused the company to operate on tight schedules and Benny hired more labor and scheduled extra shifts. BREWING PROCESS Beer brewing started with extraction of sugar from malt by an enzymic process. This sugar was then boiled with hops, producing a sterilized and concentrated solution. The resins extracted from......

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