The ROI is at 30% after taxes, based on the asking price. It is expected that these numbers could be even higher, based on preliminary marketing projections. However, ABC has several operational issues that need to be addressed prior to the purchase. The following will discuss these operational issues and will outline a plan for rectifying them. Understanding Solar Water Heaters. In order to perform a proper assessment of the market and opportunities that lie in the Solar Hot Water Heater market, it is important to gain an understanding of how they work and the various types that are available on the market. Solar hot water heating systems include storage tanks and solar collectors. Compared to other types of hot water heating systems, they pay for themselves overtime as the customer saves money by not purchasing an alternate fuel source. Solar systems use solar energy from the sun, which is free. The initial cost is paid back over time, after which the cost for the unit is free, other than for repairs. The decision to install a solar hot water heater has a high initial cost that represents a longer-term investment in which its payback is sometime in the future. There are three different types of collector systems for solar water heating units. The first type is the flat-plate collector, which consists of a weatherproofed, insulated box. Inside the box is a dark absorber plat that is under one or more glass or plexiglass panels. The absorber plate itself can be either metal or polymer. The integral collector-storage system has one or more black tanks or tubes in and insulated glazed box. In this system, the solar hot water heater acts as a pre-heater, warming the water before it passes through a conventional system. The third type of solar water heater is the evacuated-tube solar collector. This type of system uses parallel rows of glass tubes. These tubes contain a glass outer tube and a metal absorber tube attached to a fin. The fin absorbs solar energy, but prevents radiant heat loss.
The evacuated-tube system is used in a commercial setting. Most residential systems are either the flat-plate collector type, or the integral collector-storage system. Circulation systems can be either direct or indirect systems. The direct system pumps water through the collectors and into the house. They are used in climates that do not experience freezing temperatures. The indirect heating system circulates non-freezing heat-transfer fluid through the colle
ABC manufacturing is a southwest Florida manufacturer of solar heating systems for domestic hot water and swimming pools. A pre-purchase assessment of ABC reveals a turnkey firm that retails directly to consumers. …
The company is also involved in offering infrastructural services for its customers. This infrastructure includes the facilities and structures necessary for the computer hardware and software it manufactures to function (David, 2007). In the line of products and services offered by the company to its customers, is the internet hosting service, where the company operates servers through which other customer organizations access the internet and the e-mail services.
Operation Management ranges from tactical to strategic and operational levels. Strategic issues are inclusive of the determination of location and size and plants for manufacturing, designing of supply chains, and agreeing on telecommunication network or service structure.
These phases include planning, leading, organizing and controlling (Nickels, McHugh & McHugh, 2008). Of these phases, planning is one of the most critical as it lays the foundation for corporate direction and assesses issues of capacity, human capital development, and operational strategy (to name only a few).
Crude oil has to go through six phases and various stages before finally reaching the convenience stores to be used by the consumers. It takes almost 35 days for the product to reach retail markets and Marathon stores. Marathon’s crude oil supply comes from many other countries apart from United States.
Dozens of books were written to explain the main standards and practices of quality assurance in manufacturing and operations management. This paper presents a brief overview of the history of quality assurance. The definitions of quality and their implications for production and operations are provided.
There is a key benefit of the revised approach, which is the avoidance of production of redundant stock. Master Tag has been supplying the labels to the seed companies, who in turn pass the labels to the plant growers together with the seed. However, the process is inconvenient, since there is no accurately telling what amount of labels will be sufficient for any particular period, owing to the fluctuations in the plant productions, caused by various factors (Foster, 697).
According to the report information technology involves the use and application of telecommunication and computer software and equipment to store, manage, transmit and manipulate information or data. In today’s world, IT has been become a key component of every aspect of human existence and their activities.
The author states that the most important aspect of this lighting manufacturing business is productivity. Productivity is the measure of how efficient production is done. It is therefore articulated as the ration of the production outputs to its inputs. In this regard, the business inputs will include the raw materials, energy resources, and labor.
9 pages (2250 words)Term Paper
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