Submitted by: Submitted by pratikganatra
Views: 201
Words: 749
Pages: 3
Category: Business and Industry
Date Submitted: 05/01/2011 04:13 AM
COLD STORAGE AND WAREHOUSING ASSIGNMENT 1 BY SUSHANT DOSHIGAYATRI DESAIJITENDRA MUNOT | | | | |
SUM 6 No. of bottles reported missing | 3,200 | | | |
% of volume per month | 0.40 | | | |
Volume per month | 800,000 | | | |
Annual Volume | 9,600,000 | | | |
Sellin Price per bottle | 4.50 | | | |
Revenue Loss per month | 14,400.00 | | | |
Annual Loss | 172,800.00 | | | |
Actual revenue | 43,027,200.00 | | | |
Gross Profit | 42,854,400.00 | | | |
Total Revenue at no pilferage | 43,200,000.00 | | | |
| | | | |
Option 1 | | | | |
| | | | |
No. of Security gaurds | 4 | | | |
Hourly Wage Rate | 14.50 | | | |
Hours per guard per day | 6 | | | |
No. of days per week | 7 | | | |
Annual Wages Paid for security | 126,672 | | | |
Benefit Package per employee per year | 2,000 | | | |
Total Benefit Package per year | 8,000 | | | |
Total Annual Wages Paid for security | 134,672 | | | |
Total Annual Pilferage Loss | 86,400 | | | |
Actual revenue | 43,113,600 | | | |
Gross Profit | 42,892,528 | | | |
| | | | |
Option 2 | | | | |
| | | | |
Electronic System Cost | 120,000 | | | |
Training Cost | 8,000 | | | |
Monthly maintenance cost of system | 800 | | | |
Annual Maintenance cost | 9,600 | | | |
Salary of Bar code specialist | 49,000 | | | |
Product Pilfereage | 0.10% | | | |
Annual Pilferage Loss | 129,600 | | | |
Depriciation @8 years |...