Company S is an automobile manufacturing division of Country J. There was a sudden drop in the value of yen against the dollar of Country U. This company has concentrated most of its manufacturing in the home country itself to achieve economies of scale than exporting its production to the Country U. In the year 2012, the Country J has faced recession and the consumer prices have fallen tremendously. Later, the Country J’s central bank has cut down its interest rates to stimulate the economy. There was a sales boom in the year 2015 due to depreciation in the value of yen. Suddenly, the profit has increased in the parent company for Company S. To discuss: The reason why the Company S’s sales and profits surged in the year 2014 and 2015.

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Excel Please. The workload of many areas of banking operations varies considerably based on time of day. A variable capacity can be achieved effectively by employing part-time personnel. Because part-timers are not entitled to all the fringe benefits, they are often more economical than full-time employees. Other considerations, however, may limit the extent to which part-time people can be hired in a given department. The problem is to find an optimal workforce schedule that would meet personnel requirements at any given time and also be economical. Some of the factors affecting personnel assignments are listed here: The bank is open from 9:00am to 7:00pm. Full-time employees work for 8 hours (1 hour for lunch included) per day. They do not necessarily have to start their shift when the bank opens. Part-time employees work for at least 4 hours per day, but less than 8 hours per day and do not get a lunch break. By corporate policy, total part-time personnel hours is limited…

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Chapter IC, Problem 10.3CDQ

Summary Introduction

Case summary:

Company S is an automobile manufacturing division of Country J. There was a sudden drop in the value of yen against the dollar of Country U. This company has concentrated most of its manufacturing in the home country itself to achieve economies of scale than exporting its production to the Country U.

In the year 2012, the Country J has faced recession and the consumer prices have fallen tremendously. Later, the Country J’s central bank has cut down its interest rates to stimulate the economy. There was a sales boom in the year 2015 due to depreciation in the value of yen. Suddenly, the profit has increased in the parent company for Company S.

To discuss: The reason why the Company S’s sales and profits surged in the year 2014 and 2015.

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