ipl-logo

Project Motor Cycle Research Paper

2280 Words10 Pages

Project Motorcycles
Student’s Name
Professor’s Name
Course Title
University Affiliation
Date

Project Motor Cycles
Introduction
After the invention of machines and advancement in technology, scientists and innovators have worked to simplify machines. For instance, the first computer was so big that it could occupy the entire wall of a room. A mini-laptop is today’s example of the simplified version. Similarly, this company seeks to expand its enterprise by increasing the size of the engines that it manufactures. Over the years, it has seen drastic improvements and generous rewards. It has also received feedback from the customers and company partners regarding the expansion of the company by increasing the diversity and number …show more content…

With the current market trends, the cost stands between $55,000 and $100,000. Over time, the price is set to change. Furthermore, the amount is slightly more than the current middleweight class motorcycles that the company manufactures and slightly less than those of the competitors are. The company also plans to increase the number of employees, just to increase the output and meet the customer demands. More of the budget will be directed towards acquiring the necessary equipment to solve the problems mentioned, concerning the enlarged engine capacities. The present estimates show that the financial investment in these inputs are less than what the company will make from the products in a month.
The SWOT analysis shows that the strength of the company is the current ratings from the public (Hill & Jones, 2009). The company is the best manufacturer of middle-sized engines and has, therefore, amassed the high number of customers. The opportunities are unlimited as the client base is set to increase. The threats that we face are stiff since other companies have carved a niche for themselves in creating the large-sized engines. The only weakness is that we are new to this project. The company has already checked the expenses and the assets that it has put into the …show more content…

The first risk management task includes the insurance companies. Since we offer the customers a one-year warranty, we need to secure our products. Some customers may think that by changing the entire engine, they can get a replacement for it. However, the insurance cover will only include parts of the motorcycles. The company will also get insurance for damages of the acquired equipment for the project. The other strategy is liaising with business that can finance the project. They can also assist in the advertising of the company products. The final part of mitigating the risk likely associated is the addition of exclusion clauses. This means getting into a partnership with a law firm. The legal team will help the company come up with an exclusion clause that will defend the company should they face problems. The exclusion clauses and the notices will put the company in a position that will protect it from customers who hold potential threats against the

Show More
Related
860 Words | 4 Pages

Transportation is the movement of people, animals and goods from one location to another. The invention of the car was a revolutionary breakthrough in the history, along with the invention of ships, planes, trains, buses and subways. For over a hundred of years, since the invention of the first car, cars have been manufactured with differences in design, appearance, and performance, all with the intent of improving transportation. This generation, more than ever, demanding manufacturers to keep up with the fast pace of life; to get more knowledge of cars, such as muscle, hybrid, and electric cars, one should further look into the history and progressions that have been made thus far with the three types of models. The electric car has made

Read More
57 Words | 1 Pages

I love your paragraph :) Dirt bikes sound so fun and fast even though I 'm more of a go-kart person. I like how you said, "Once you take up this hobby there is no going back!" Your paragraph makes me want a dirt bike for Christmas. Awesome paragraph, absolutely love it :)

Read More
813 Words | 4 Pages

Direct labor which is a human resource will be recalculated on the basis of sales of 3 million bikes. It may happen to produce 1 million products, they require 50000 employees but to produce 3 million products they require 200000 employees and to be on safer size, 10% extra labor will be recruited which will give a total of 220000 employees. Therefore it is clearly understood that the company can prepare their Labor Requirement budget directly from the sales budget. The same concept will apply to overhead and capital expenditures because overheads are directly proportional to the production and if the sales are high, product will automatically are high. Similarly quantity requirement will lead to the requirement of machines.

Read More
621 Words | 3 Pages

“Why Electric Cars are the Future” Introduction Attention Getter: It was Sunday at park, two college students were discussing about cars. One of them said that imagine about two decades ago, it appeared there was no effective alternative to the gasoline and oil, but now there is a better, cleaner, and more effective substitute to them: electricity. Although electric engines are not so widespread, more and more people consider changing their gasoline-fueled vehicles to electric cars. Then I discovered why electric cars are the future.

Read More
2441 Words | 10 Pages

Consider both DJC’s performance in Kawasaki and its potential in the United States. The cost differences between plants of ACC at Sunnyvale and DJC at Kawasaki has been compared by calculating their manufacturing cost. In 1991, the two plants are located in different countries (US & Japan) and therefore, to compare the costs between the two, the cost indices values that have been provided in the case have been used. The main cost differences between the two companies: DJC and ACC with respect to their plant operations for the years 1986 & 1991 have been shown in Table 1.

Read More
3261 Words | 14 Pages

DIVERSIFICATION  Bring in new vehicles to new markets like India and China is a good choice, but it’s too costly.  Bringing new types of recreational vehicles is a best choice. IX) IMPLEMENTATION

Read More
709 Words | 3 Pages

One day, I went to my friend’s house to go riding out in the desert. He had recently received a small pit bike, which is the smaller variant of a full-sized dirt bike. After I had ridden the bike for

Read More
1270 Words | 6 Pages

The terminology of the Exclusion clause in a contract is a condition, which aims to preclude one of the parties from accountability or stint the citizen's liability to exact listed terms, conditions, or circumstances. It can be inserted into a contract, which intends to keep out or restrict one's responsibility for breaking a contract or lack of due care (negligence). If somebody sells goods, and some of the products might go wrong. This failure would make him/her accountable to compensate the consumer.

Read More
1736 Words | 7 Pages

It is expected that the performance of the company would further rise in the future in the automotive industry. However, the company is required to improve their net income in order to increase market share. (Figure 1) Tesla Motors Company has a unique position in the car market which forms the company’s biggest strength. The unique position of Tesla Motors is revealed on the fact that the company not only sells cars but also sells new technologies. Basically, betting on Tesla Motors encompasses integration of a new technology.

Read More
1508 Words | 7 Pages

Step one is to identify all key stakeholders of the company. Step two is to work out their power, interest and influence so you know who to focus more on. Step three is to develop a good understanding of the key stakeholders so you can figure out how to win

Read More
1145 Words | 5 Pages

Based on our calculations in Appendix 1. at the first stage support costs were allocated to two existing departments, i.e. Machining and Assembly, based on direct labor hours. Therefore total amount of costs assigned to Machining department is $472.000,00 and to Assembly department is $248.000,00. At the second stage total costs from both departments were distributed to products (Regular and Deluxe). Referring to our calculations in Appendix 1.

Read More
1652 Words | 7 Pages

In the industry of automobiles, electric vehicles are a new emerging concept. Different automobile companies have modeled their cars with different specifications. We have those companies that have designed proactive vehicles that use only electricity. We have companies that design hybrid cars which run on both gas and electricity.

Read More
1437 Words | 6 Pages

In addition, the net profit margin of the Ajinomoto Berhad is increasing. I recommend that the investor can invest in the Ajinomoto Berhad as the profit can be made through the investment in the Ajinomoto

Read More
1345 Words | 6 Pages

Although the profit margins of Pontiac Plant is low with several issues coming up everyday, it is absolutely critical for Pontiac, at this point of time, to maintain good relationship with the workers and maintain a good reputation with the United Automobile Workers of America. Investing in in plant tooling and attempting to develop a viable operation requires negligible capital investment and in turn promotes a ray of hope and communal harmony amongst the workers of the plant. Furthermore, this alternative directly addresses to the major problem of Pontiac plant i.e. all the machineries are antiqued , the overhead costs are high and the workforce does not have the zeal , enthusiasm or the motivation to work hard for the company. Considering the present challenges that Allen is facing today with respect to the Pontiac plant , this is perhaps the only solution with a minimum investment that can not only increase the communal harmony in the workplace but also increase sales of the plant which would eventually stabilize the Pontiac plant for few years. This decision by Allen would indeed boost the morale of the employees and in turn help the revival of Pontiac plant which is old and

Read More
1184 Words | 5 Pages

Price: The price for this particular brand of Motorcycle starts from $ 9000. 1. Yamaha Yamaha Motor Company Limited is based in Japan and is known for its automobile, electronics and musical instruments. The company was established in the year 1955 and is headquartered in Iwata, Japan. If you are looking for high quality motorcycle which has a racing DNA in it and can also give you some serious adrenal aggression.

Read More

More about Project Motor Cycle Research Paper

Related Topics

Open Document