Science Technology Company - 709 Words

Company Background : Science Technology Company was a leading manufacturer of computer-controlled automated test equipment (ATE) that was used to monitor and manage quality over the life cycle of electronic products. With 31% market share, the company was the dominant firm in the design and manufacture of testers and test software for printed circuit boards. Its second business was its semiconductor test operation, which manufactured complex systems that cost in excess of $1 million and were used to test state-of-the-art very large scale integrated (VLSI) circuits. Other Products included a system to test electronic products in the field; systems used to test a products mechanical and structural integrity under stress and computer aided†¦show more content†¦However because of the unpredictability of the past sales for 1978 to 1984, the ability to accurately project sales in the next 5 years will be low. Mr. Finson’s could either go directly to the sales and find out more accurately the se asonal demand not just the yearly sales of STC Company Products to further improve the accuracy of its sales projections. As discussed last week about high risk of inventories, I could say the same with STC Company Inventory. Since accuracy of the sales projected for the 5 years are questionable they have a high risk in incurring over inventory thus leading to higher costs. Even though that inventories were lowered in the projected 5 year forecast, what they can do to manage inventory is to do a just in time. By lowering inventory they would be able to further reduce the costs. 2. What impact would a resurgence of inflation, fueled by massive budget deficits, have on STC? I am not sure if Mr. Finson included the inflation rate in his 5 year forecast but if he didn’t there would be a big impact on its financial statements. As we can see in the financial statements, a lot of fixed expenses are put into product cost and when inflation hits it will increase product costs and therefore lower the profitability of the company. We can assume that one of the major components of the product cost is labor cost. And I suggest that the company doShow MoreRelated Science Technology Company Essay834 Words   |  4 PagesScience Technology Company Bill Watson of Science Technology Company (STC) should not discuss the current 5-year financing plan prepared by Harry Finson, the chief financial officer, at the forthcoming board meeting. The industry that STC is in has short product life cycle, rapid technology obsolescence and fast growth with increasing competition. In fact, STC’s strategy to survive the competition is to maintain leadership in ATE segment and to further compete in the large scale integrated Read MoreEssay about Science Technology Company653 Words   |  3 PagesScience Technology Company 1985 President: Bill Watson CFO: Harry Finson Questions: 1. Are the 5-year forecasts useful, given uneven growth in sales, inventories and receivables, and earnings in the past? 2. What will be the impact of a resurgence of inflation, fueled by massive budget deficits, on STC? 3. Can the company finance the rapid sales growth that is anticipated? STC †¢ Leading manufacturer of automated test equipment (ATE) †¢ 31% market share on testers for printed circuitRead MoreModern Technology And Its Effect On Society1439 Words   |  6 PagesModern Technology Modern technology is machinery that makes people’s lives easier and convenient. In today’s fast paced society modern technology plays the most important role in society. 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First and foremost, I would like to express my special thanks to Science and Mathematics Club of Sultan Ismail Secondary SchoolRead Mo reEssay on Evolution of Computer Technology and Operating Systems1601 Words   |  7 Pagesits own; key influential figures such as Steve Jobs and Bill Gates led the revolution of technology. These well-known individuals competed with each other by continually innovating and creating more and more advanced technology. Computer technology moved forward when Intel created 64-bit technology and advanced kernels to compliment the upgrade in processing power. Not only is the evolution of computer technology in itself relevant for modern study, but the adoption of computers for use in other fieldsRead MoreCoe of Ethics1625 Words   |  7 PagesEthic Paper There are many healthcare organizations that follow their own mission with ethical values and company goals. 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