Steel Works, Inc.

Questions to consider: 1. How would you characterize leaf blade Works harvest-tides? What about Steel Works customers? 2. What does the coefficient of magnetic alteration tell us? Can you determine the coefficient of sportswoman for the product lines? 3. How a great deal stock certificate has Steel Works been holding? How much should they convey been holding? intensity level PRODUCTS DIVISION Customer Characteristics Steel Works has a braggy consequence of customers for its specialty products - 130 customers for some 120 products. However, bulk of these customers (82.3%) be small-sized customers with less than $1 gazillion in sales. For example, using data from Spreadsheet S0121958, we search that there is only one major customer, C194, demanding considerable majority of DuraBendTM R12, comparatively to other customers. Given the commodious number of customers and the large variability in demand (80% of all specialty products had coefficient of variation greater than 0.5), it is soothe to see that Steel Works has do use of risk-pooling to strike down the variability of overall inventory demand for each product. Therefore, although it is all-important(prenominal) to concentrate efforts on the big customers that operate in to a greater extent than $24 million in sales each, it is not well(predicate) that Steel Works give out the smaller-sized customers. Products Characteristics As seen from Table 1, DuraBendTM R15 & R12 have actually steep impact on the annual taxation since they have very high demand and medium marketing prices.

The kink in Chart 1 tells us where products should be classified; in this! case, we will divide them into two classes. Table 1: percentage of Annual care for for Each Product ($ in thousand) ProductSelling PriceAnnual DemandAnnual ValueCumulative Value% Annual Value DuraBendTM R15$1.0329,563$30,331.64$30,331.6467.3% DuraBendTM R12$1.0012,096$12,096.00$42,427.6494.2% DuraFlexTM R10$0.681,167$793.56$43,221.2096.0% DuraFlexTM R15$1.14658$750.12... If you want to get a ripe essay, tack it on our website: OrderCustomPaper.com

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