Kkkkkiliyligukgkugukgukgukgukgukgkugukgukgugkugkugkugkugkugu- kgkugkugukgukgkugukgukfukfykfukfufykfkugkyfkyfkyfufufkyfkufk- ufkugkufkukufMhvkyviyvkyfiugiugiugiufiugiuggiyfuiffifiufufui- fuigiufiufiufkufuufkufufufiufiufiufiufyjfMorgan Manufacturingpresented by: Mark Bundang, B.Sc
1. Morgan ManufacturingPresented by:Mark Bundang, B.Scand Mohammed Abdo, B.Eng, M.Eng, PhD, CSSA, PMP
2. Morgan ManufacturingAgenda IntroductionSituation AnalysisConclusion
3. Morgan ManufacturingAgenda IntroductionSituation AnalysisConclusion
4. Morgan ManufacturingKey PlayersMorgan ManufacturingWestwood Inc.Charles Crutchfield Manager of manufacturing operations at Morgan. Primarily concerned with the health of the operating aspects of the business.Edward Drewery Controller for Morgan ManufacturingCompetitor of Morgan Manufacturing
5. Morgan ManufacturingMorgan Manufacturing uses LIFO as its inventory costing method and provides the LIFO reserve.Westwood uses FIFO as its inventory costing method.Events and Facts: Morgan OperationsProductivity ImprovementsFinancial StatementsComparison of Operating PerformanceOver 2006,
Consumer Behavior from a Cardinalist and Ordinalist Approach
Utility means satisfaction which consumers derive from commodities and services by purchasing different units of money.From Wikipedia, the free encyclopedia “Ineconomics, utility is a measure of satisfaction;it refers to the total satisfaction received by a consumer from consuming a good or service. “Given this measure, one may speak meaningfully of increasing or decreasing utility, and thereby explain economic behavior in terms of attempts to increase one's utility. Utility is often affected by consumption of various goods and services, possession of wealth and spending of leisure time.
According to Utilitarian’s, such as Jeremy Bentham (1748–1832) and John Stuart Mill (1806–1873), theory “Society should aim to maximize the total utility of individuals, aiming for "the greatest happiness for the greatest number of people". Another theory forwarded by John Rawls (1921–2002) would
