Essays on Tetra Pak

Part A.

The total inventory cost for RMD will be as follows if they continue with their current policy of purchasing 600 cartons per month. Total Ordering cost = $200 x 12month = $2,400 Holding cost/Carton = 20% x $6 x 120 = $24 per annum per carton Holding cost p.m = $2 per carton Total Holding Cost =$2 x 600 cartons x 12 months = $14,400 Total inventory cost = $2,400 + $14,400 = $16,800

If the RMD used the Economic Order Quantity Model;

Total Inventory Cost = (Q/2)*Ch + (D/Q)*Co = (600/2) * $24 + (7,200/600) * $200 = $7,200 + $2400 = $9,600

Part B.

Using EOQ, the total inventory costs will be as follows; With 5% ...

Part 1

A marketing survey leads to a collection of different types of data about a particular market or consumer group. The data collected can be from various elements of a market (e.g., a sample of car owners or night shoppers). If we are going to base our decisions on the results achieved through market research then, the research has to be highly valid. There is an often quoted statement “There are three types of lies---lies, damn lies, and statistics” by Benjamin Disraeli. This statement is true if the statistical procedures are not applied prudently and authentically. There are two main sources of misuse ...

Executive Summary

Rocky Marketing Network is faced with two issues concerning to their workforce i.e. low retention rate and poor performance that are telling upon their profitability and challenging their position with a comparison to their competitors. The current report has been prepared after a careful investigation of the causes of the reported issues. After a deep study, it was detected that both the issues are overlapping each other to a considerable extent and are the products of poor HRM performance. Furthermore, it is suggested that the company can tackle both the issues by taking appropriate initiatives, which are as follows: All these initiatives ...

Introduction

It may have been just a cluster of words printed nicely in an almost card board like glossy paper. Numbers were written all over the face of the paper, accompanied by what seems like a cluster of vertical lines, a picture of an aircraft, and your name on it. Without that piece of paper, it is impossible for one to get his way to explore the clouds. What is being described here is the boarding pass. As simple as it is, boarding pass tickets holds a lot of stories of struggle and joy. The face of the boarding pass tells stories no one ...

"A Tale of Two Cities" is the second and last historical novel by Dickens, which consists of three books. The first tells a story of the return to life of Dr. Manette, who spent many years in solitary confinement in the Bastille. Bank employee, Mr. Lorry and Lucie Manette, daughter of Dr., take him away from Paris to London. The second book begins with a story about the trial of Charles Darnay and his deliverance from death. Soon Lucy marries him, and the family has a quiet and spiritual life. In France, meanwhile, revolutionary storm is brewing. Father and uncle of ...

It is very common for parents in the past to take roles, pick choices, and make decisions, even big and life-changing ones, when it comes to their child’s activities, preferences, and interests. Even I was not exempted from this parenting norm (Wertsch). My activities, preferences, and interests when I was a kid was also influenced by my parents. According to a past study conducted about child development, parents meddling with the interests of their children is a common scenario and usually, it leads to positive results, especially later in the children’s life (Carton, Vygotskiiv& Rieber). What I wanted as a ...

Advertising is simply form of communication publicly promoting some product or service. This is a form of product promotion that is very essential for any type of organization. Advertising is used to encourage, persuade or manipulate audience, readers, viewers or a specific group to act in favor of the target of the advertiser. First impressions do indeed matter; this is the solid reason for advertising. Advertising has many factors that are essential like the brand name and color embedded in the advertising psychology, logo and the general social conditions, social needs, tastes, satisfaction retention and cultural beliefs of the target group ( ...

Advertising is simply form of communication publicly promoting some product or service. This is a form of product promotion that is very essential for any type of organization. Advertising is used to encourage, persuade or manipulate audience, readers, viewers or a specific group to act in favor of the target of the advertiser. First impressions do indeed matter; this is the solid reason for advertising. Advertising has many factors that are essential like the brand name and color embedded in the advertising psychology, logo and the general social conditions, social needs, tastes, satisfaction retention and cultural beliefs of the target group ( ...

Overview

The proposed warehouse and distribution center is intended to supply Nestle products to approximately 150 major supermarkets in and around the 20-kilometer radius of Brisbane. The products to be stored in the warehouse are composed of fast-moving consumer goods that are sold quickly at a very reasonable price. The storage facility is divided into sections according to product classification such as dry goods and perishable goods. Ambient and temperature controlled areas will have the chilled and freezer facilities to store perishables and an administration office to house the command center, customer service desk and basically all departments that will conduct ...

Physical Science Review

29. The Difference between Velocity and Acceleration Velocity is the speed rate that is measured in one instant, while acceleration is the measurement of speed change. For example, a truck if a truck is traveling 20 kilometers per one hour, then its velocity is 20km/hr but of the truck driver puts their foot down and the truck starts to speed up, the truck experiences acceleration. 34. Rabbit’s Average Speed

The speed is the distance/time so, since there is a given distance and a time, then

speed = 30m/2s = 30/2 m/s = 15m/s. 36. Hamster’s Acceleration 0 m/s 0 seconds 5 m/s 1 second 10 m/s 2 seconds 40. Net force ...

Introduction

Fiji Water Company has experienced several challenges especially in 2008. The company struggled in achieving a carbon reduction in its emission levels at its production plant. Further, there were carbon emission levels that were experienced in its transportation of products. This made it difficult for the company to convince the consumers and stakeholders of its dedication in reducing its carbon production. The company’s title as a leading company, in environmental concerns involving activities such as carbon footprint disclosure created doubts among its consumers and stakeholders alike. The company has also faced environmental protests in several markets it has tried ...

ABSTRACT

This paper gives an overview of three visual communication approaches and how they tend to communicate and transmits a message on a single problem, which is HIV/AIDS awareness. The paper is divided into two parts. The first part shows how each visual communication approach communicate and transmit messages on this particular issue. In this part the diagrammatic representation are provided. The second part of the paper deals with the overall reflection on how these three approaches work and which of the three is more effective. The approaches include Symbols and signs, Charts and graphs and Cartoons and illustrations.

INTRODUCTION

People experience the ...

# 1 Question: In his 2007 article, Cervone discusses five process groups and nine knowledge areas in Project Management Institute (PMI). Which two knowledge areas are most critical in delivering a successful project and why? In his article Standard methodology in digital library project management Cervone identifies 9 knowledge areas in Project Management Institute: scope management, time management, cost management, quality management, human resource management, communications management, risk management, procurement management and integration management. All of them are important for the completion of the 5 process groups of the project, namely initiating the project, planning, executing processes, controlling and finally ...

Tetra Pak is a leading industry in the packaging and food processing industry. The company has utilized innovative strategies such as aseptic technology and integrated food processing machines into being a leader in innovation, providing excitement to its customers, and producing a wide range in offerings. The paper recommends some ways the company can use to segment its products, and at the same time market them. Factors to be considered during marketing would also be analysed. The importance of the environmental approach in Tetra Pak will be considered with an analysis of the importance of having a positive corporate image. In conclusion, the ...