Monday, February 18, 2013

Equipment Purchase

Memorandum

Date: June 30, 2008

To:Howard Gray, Jean Dubois, Uma Gardner, Amanda Hamilton

From:me344

Re:Mechanical acquire section Equipment Purchase Recommendation


My team and I have cogitate our three month assignment of the Mechanical Watch Segment resulting in a recommendation to upgrade or bribe equipment which will reduce SOCC rejections to less than 10% and improve Aquines market share in the mechanical watches segment which has dropped to phoebe bird percent.

Here is a brief recap of work completed, findings and recommendations:

Acquired question:

Perception about Chronometers
Responding to Advertisement
Mechanical Watch Industry Data

Findings:
60% consumers thought certification was important
78% of the respondents who were planning to buy a chronometer were willing to pay more for the SOCC certification
More than 70% of the respondents tell that the advertisement strengthened their intention to buy an Aquine Chronometer
37,500 mechanical watches Aquine displace for certification, 25,125 or 60% were rejected.

Analysis of why 60% hardship rate:

Three questions were analyzed:
1.Are the watches failing wholly the tests; what are the greatest causes?
2.How many tests do the watches actually overt?
3.

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Is something wrong with the production process?

Findings:
Greatest cause of rejection resided in three tests:
Test 3: Horizontal/Vertical deviation:53% rejected
Test 4: Max Variance in rates:68% rejected
Test 7: Mean summercater in rates:61% rejected



Recommended Equipment Purchase and rationale:

1. cost increase Poising Machine
2.Buy customized movement holders
3.Upgrade timing machine

Upgrading the poising machine and purchase customized movement holders will ensure accuracy of the watch in different positions. The poising wheel determines the accuracy of the movement in assorted positions. Movement holders hold the base plate of the movement retention it secured for assembly....If you want to get a full essay, order it on our website: Orderessay



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