I. Problem Statement
Which plywood press should Mr. Parker choose: Dakota or Nakoi? II. Case Review
The case is focused to Pete Parker, the CEO of Franklin Lumber who wants to expand the division production capability of Plywood Press leading to the hiring of Courtney Jones. Courtney Jones was hired in order to perform a financial evaluation on two new machines that he is considering and to critic the company’s capital budgeting policies. The top choices for the expansion of Plywood Press are Nakoi which cost $750,000 and Dakota worth $ 1,300,000 and Dakota has also three advantages against Nakoi: it is a bit faster its daily production rate is higher; labor costs will be lower since it is easier to operate and it is a more state-of-the-art press. III. Alternatives
The project in the case in terms of relationship is mutually exclusive. Since, Parker and Jones cannot choose both Dakota and Nakoi because the purchase of the Plywood Press in both machines will maximize the cost of the company and there is a probability that it won’t be successful. If they purchase Dakota, there is a chance that the press would last longer even if it is expensive. But if they purchase Nakoi, it is cheaper but it does not guarantee if it will last long.
IV. Key Decision Criteria
CRITERIA
DAKOTA
NAKOI
Improve profitability
Increase sales, market share or return on investment
Maintain customer satisfaction, corporate image
Be consistent with the corporate mission or strategy
Within our present (our future) resources and capabilities
Within acceptable risk parameters
Ease or speed of implementation
Employee morale, safety, or turnover
Retain flexibility and/or
Minimize environmental impact
V. Evaluation of Alternatives
NAKOI
DAKOTA
Advantages
Cheaper
Faster and production rate is higher
Easier to operate which can lead to lower labor cost
More state of the art press
Disadvantages
Short life p
There might be an increase in inventory because of fast production
Illustration 1 shows the advantages and disadvantages of Nakoi and Dakota Company.
Illustration II
NAKOI
DAKOTA
Price
Low
High
Durability
Low
High
Profitability
High
High
Lifep
Low
High
Illustration II shows the classification of Nakoi and Dakota Company.
VI. Recommendation
We recommend the company to acquire the Dakota product because it is more advance than Nakoi. Even though it is more expensive, we can say that it is more long-lasting than Nako. There is no assurance that Nakoi can satisfy the needs of the consumers, unlike in Dakota, it was said that it is faster and easier to operate. Nakoi’s materials might not be in good quality unlike in Dakota, it is proven that it is a more state-of-the-art press. We should invest our money on the products that we assure benefits like purchasing Dakota. Even if it is nearly twice expensive as Nakoi, Dakota assures a very long time of functioning, it is long time, while in Nakoi, the company can also save but only in short term basis. It is better to invest in a long term guarantee of saving than in a shorter term of saving.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Our Services
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
Essays
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admissions
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Reviews
Editing Support
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
Reviews
Revision Support
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.