I need someone to do this case study and follow all the instructions CAREFULLY PLEASE.

I need someone to do this case study and follow all the instructions CAREFULLY PLEASE.

Case Study: The Matador Casting Company

Matador Casting Company has been in business since 1940.  They make custom aluminum, iron, bronze and brass cast metal parts using a sand casting process.  Traditionally the cost of a finished part is estimated on a per-pound basis for the finished part.  The prices to customers are quoted based on how difficult the part is to cast.  Parts that are difficult to cast require more handling, more finish work and have higher scrap rates.

The problem Matador is facing is that they are losing money on many jobs.  The per-pound method of costing does not accurately take into account differences in labor and materials between different jobs and, as a result the pricing to customers is inaccurate and often fails to be profitable.

Your Industrial Engineering team has been hired by Matador to analyze and propose more accurate methods for estimating prime costs (labor and material) for different jobs.  You will provide your proposal in the form of the engineering design process using the template that has been provided. 

You will follow the following sequence:

·       define the PROBLEM;

·       discuss current PRE-EXISTING KNOWLEDGE on determining labor and material costs (use the textbook, lecture and internet searches) and explain how these methods could be applied to the Matador problem;

·       explain to Matador management how you would go about MODELING and testing the different methods to help them understand how they would provide better results;

·        and finally explain how you would EVALUATE the results of the Modeling to recommend the best method (if you recommend more than one best method then explain under what circumstance they might use each method).

 In the Evaluation section consider the implications for Matador if they should start quoting higher prices for some castings.  Keep in mind that customers expect difficult castings to be more expensive but they will tend to choose the competitor with the best price (since casting quality tends to be pretty much the same between competitors.

One suggestion for this project is to check metal casting and foundry websites on the Internet to better understand the process and possibly how other companies may be determining costs.

Show more







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10